Pillar 3 and Modelling of Stakeholders’ Behaviour at the Commercial Bank Website during the Recent Financial Crisis

AbstractThe paper analyses domestic and foreign market participants’ interests in mandatory Basel 2, Pillar 3 information disclosure of a commercial bank during the recent financial crisis. The authors try to ascertain whether the purposes of Basel 2 regulations under the Pillar 3 - Market discipline, publishing the financial and risk related information, have been fulfilled. Therefore, the paper focuses on modelling of visitors’ behaviour at the commercial bank website where information according to Basel 2 is available. The authors present a detailed analysis of the user log data stored by web servers. The analysis can help better understand the rate of use of the mandatory and optional Pillar 3 information disclosure web pages at the commercial bank website in the recent financial crisis in Slovakia. The authors used association rule analysis to identify the association among content categories of the website. The results show that there is in general a small interest of stakeholders in mandating the commercial bank's disclosure of financial information. Foreign website visitors were more concerned about information disclosure according to Pillar 3, Basel 2 regulation, and they have less interest in general information about the bank than domestic ones

Unitarity and Interfering Resonances in pipi Scattering and in Pion Production piN->pipiN

Additivity of Breit-Wigner phases has been proposed to describe interfering resonances in partial waves in $\pi\pi$ scattering. This assumption leads to an expression for partial wave amplitudes that involves products of Breit-Wigner amplitudes. We show that this expression is equivalent to a coherent sum of Breit-Wigner amplitudes with specific complex coefficients which depend on the resonance parameters of all contributing resonances. We use analyticity of $\pi\pi$ partial wave amplitudes to show that they must have the form of a coherent sum of Breit-Wigner amplitudes with complex coefficients and a complex coherent background. The assumption of additivity of Breit-Wigner phases restricts the partial waves to analytical functions with very specific form of residues of Breit-Wigner poles. We argue that the general form provided by the analyticity is more appropriate in fits to data to determine resonance parameters. The partial wave unitarity can be imposed using the modern methods of constrained optimization. We discuss unitarity and the production amplitudes in $\pi N\to\pi\pi N$ and use analyticity in the dipion mass variable to justify the common practice of writing the production amplitudes as a coherent sum of Breit-Wigner amplitudes with free complex coefficients and a complex coherent background in fits to mass spectra with interfering resonances.Comment: 31 page

Facilitating Leader Tacit Knowledge Acquisition

The aim of the paper is to identify how to support the moulding of tacit knowledge which is necessary for success in a managerial position within a framework for the preparation and developmentof managers. The paper is based on an analysis of expert publications and the results of a completed project. Research respondents and theorists agree with the necessity for active involvementof trainees. It is also important to develop knowledge within the framework of manager preparation with significant reflection on learning from mistakes. From the methods of tacit knowledge transfer a close collaboration with experienced people, working in teams, training of model situations, goal-directed interviews, coaching, job rotation, short term attachments and excursions seem to be the most beneficial. It is also important to pay attention to the cultivationof organisational culture, especially in the sense of accepting knowledge sharing as the norm

IT tools in a university - E-learning environment : students' opinion survey

Publikacja jest wydana w ramach projektu unijnego IRNet (www.irnet.us.edu.pl)This article presents a diagnostic instrument and data analysis results within the European IRNet Project, Work Package 3. One of the aims of the survey was to analyze the benefits of a modern university e-learning environment, students’ opinion about an e-learning environment and its IT tools. The data cannot only be the basis of determining the degree of students’ activity in a university e-learning environment, but can also help to identify ways to improve a university electronic environment. The paper includes results of the research carried out at several partner universities - Herzen State Pedagogical University of Russia, St. Petersburg (HSPU), The University of Silesia in Katowice (US), Poland, Borys Grinchenko Kyiv University (BGKU) and Constantine the Philosopher University in Nitra (UKF), Slovakia.University of Silesia, E

ππ\pi\pi scattering S wave from the data on the reaction π−p→π0π0n\pi^-p\to\pi^0\pi^0n

The results of the recent experiments on the reaction $\pi^-p\to\pi^0\pi^0n$ performed at KEK, BNL, IHEP, and CERN are analyzed in detail. For the I=0 $\pi\pi$ S wave phase shift $\delta^0_0$ and inelasticity $\eta^0_0$ a new set of data is obtained. Difficulties emerging when using the physical solutions for the $\pi^0\pi^0$ S and D wave amplitudes extracted with the partial wave analyses are discussed. Attention is drawn to the fact that, for the $\pi^0\pi^0$ invariant mass, m, above 1 GeV, the other solutions, in principle, are found to be more preferred. For clarifying the situation and further studying the $f_0(980)$ resonance thorough experimental investigations of the reaction $\pi^-p\to\pi^0\pi^0n$ in the m region near the $K\bar K$ threshold are required.Comment: 17 pages, 5 figure

Flexible implementation and the energy efficiency directive

This paper analyses patterns of differentiated implementation in four member states (Czechia, Germany, Ireland and the Netherlands) under the 2012 Energy Efficiency Directive (EED). Differentiated implementation occurs when member states makes use of the discretion given to them in EU legislation. This paper seeks to analyse whether differentiated implementation occurred under the EED and what this means for the effectiveness and legitimacy of the Directive. The EE offers broad discretion to member states in choosing and specifying targets and measures related to energy efficiency. The four member states have made extensive use of this discretion. The dominant pattern in this regard is that member states have used the discretion to retain domestic measures that were already in place. This pattern is driven by a combination of inertia and the wish not to disrupt well-working approaches. Overall, the pattern of differentiated implementation that resulted has arguably had a positive effect on goal-achievement under as well as domestic acceptance of the EED. At the same time, the Directive’s impact on domestic policies and approaches has been limited

Flexible implementation and the energy efficiency directive

This paper analyses patterns of differentiated implementation in four member states (Czechia, Germany, Ireland and the Netherlands) under the 2012 Energy Efficiency Directive (EED). Differentiated implementation occurs when member states makes use of the discretion given to them in EU legislation. This paper seeks to analyse whether differentiated implementation occurred under the EED and what this means for the effectiveness and legitimacy of the Directive. The EE offers broad discretion to member states in choosing and specifying targets and measures related to energy efficiency. The four member states have made extensive use of this discretion. The dominant pattern in this regard is that member states have used the discretion to retain domestic measures that were already in place. This pattern is driven by a combination of inertia and the wish not to disrupt well-working approaches. Overall, the pattern of differentiated implementation that resulted has arguably had a positive effect on goal-achievement under as well as domestic acceptance of the EED. At the same time, the Directive’s impact on domestic policies and approaches has been limited.This project received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement number 822304. The content of this document represents only the views of the InDivEU consortium and is its sole responsibility. The European Commission does not accept any responsibility for use that may be made of the information it contains

Conceptual framework for programming skilss development based on microlearning and automated source code evaluation in virtual learning environment

Understanding how software works and writing a program are currently frequent requirements when hiring employees. The complexity of learning programming often results in educational failures, student frustration and lack of motivation, because different students prefer different learning paths. Although e-learning courses have led to many improvements in the methodology and the supporting technology for more effective programming learning, misunderstanding of programming principles is one of the main reasons for students leaving school early. Universities face a challenging task: how to harmonise students’ education, focusing on advanced knowledge in the development of software applications, with students’ education in cases where writing code is a new skill. The article proposes a conceptual framework focused on the comprehensive training of future programmers using microlearning and automatic evaluation of source codes to achieve immediate feedback for students. This framework is designed to involve students in the software development of virtual learning environment software that will provide their education, thus ensuring the sustainability of the environment in line with modern development trends. The paper’s final part is devoted to verifying the contribution of the presented elements through quantitative research on the introductory parts of the framework. It turned out that although the application of interactive features did not lead to significant measurable progress during the first semester of study, it significantly improved the results of students in subsequent courses focused on advanced programming

Fast Photon Detection for Particle Identification with COMPASS RICH-1

Particle identification at high rates is an important challenge for many current and future high-energy physics experiments. The upgrade of the COMPASS RICH-1 detector requires a new technique for Cherenkov photon detection at count rates of several $10^6$ per channel in the central detector region, and a read-out system allowing for trigger rates of up to 100 kHz. To cope with these requirements, the photon detectors in the central region have been replaced with the detection system described in this paper. In the peripheral regions, the existing multi-wire proportional chambers with CsI photocathode are now read out via a new system employing APV pre-amplifiers and flash ADC chips. The new detection system consists of multi-anode photomultiplier tubes (MAPMT) and fast read-out electronics based on the MAD4 discriminator and the F1-TDC chip. The RICH-1 is in operation in its upgraded version for the 2006 CERN SPS run. We present the photon detection design, constructive aspects and the first Cherenkov light in the detector.Comment: Proceedings of the Imaging 2006 conference, Stockholm, Sweden, 27-30 June 2006, 5 pages, 6 figures, to appear in NIM A; corrected typo in caption of Fig.