94,574 research outputs found
The value relevance of disclosures of liabilities of equity-accounted investees: UK evidence
This study examines the value relevance of mandated disclosures by UK firms of the investor-firm share of liabilities of equity-accounted associate and joint venture investees. It does so for the six years following the introduction of FRS 9: Associates and Joint Ventures, which forced a substantial increase in such disclosures by UK firms. Since the increased disclosure requirements were partly motivated by concern that single-line equity accounting concealed the level of group gearing, and in light of previous US results, it is predicted that the mandated investee-liability disclosures have a negative coefficient in a value-relevance regression. The study also examines whether value-relevance regression coefficients on investee-liability disclosures are more negative for joint ventures than for associates and whether they are more negative in the presence of investor-firm guarantees of investee-firm obligations than in the absence of such guarantees. The study reports that the coefficient on all investee-liability disclosures taken together has the predicted negative sign, and is significantly different from zero. It finds little evidence that the negative valuation impact of liability disclosures is stronger for joint venture investees overall than for associate investees overall, or stronger for guarantee cases overall than for non-guarantee cases overall. There is, however, some evidence that the impact for joint venture guarantee cases is stronger than that for joint venture non-guarantee cases and stronger than that for associate guarantee cases
An automated program for reinforcement requirements for openings in cylindrical pressure vessels
An automated interactive program for calculating the reinforcement requirements for openings in cylindrical pressure vessels subjected to internal pressure is described. The program is written for an electronic desk top calculator. The program calculates the required area of reinforcement for a given opening and compares this value with the area of reinforcement provided by a proposed design. All program steps, operating instructions, and example problems with input and sample output are documented
The long wavelength limit of hard thermal loop effective actions
We derive a closed form expression for the long wavelength limit of the
effective action for hard thermal loops in an external gravitational field. It
is a function of the metric, independent of time derivatives. It is compared
and contrasted with the static limit, and with the corresponding limits in an
external Yang-Mills field.Comment: 5 page
Change of the plane of oscillation of a Foucault pendulum from simple pictures
The change of the plane of oscillation of a Foucault pendulum is calculated
without using equations of motion, the Gauss-Bonnet theorem, parallel
transport, or assumptions that are difficult to explain.Comment: 5 pages, 4 figure
LOGSIM programmer's manual
A programmer's manual is reported for a Logic Simulator (LOGSIM) computer program that is a large capacity event simulator with the capability to accurately simulate the effects of certain unknown states, rise and fall times, and floating nodes in large scale metal oxide semiconductor logic circuits. A detailed description of the software with flow charts is included within the report
Artwork Interactive Design System (AIDS) program description
An artwork interactive design system is described which provides the microelectronic circuit designer/engineer a tool to perform circuit design, automatic layout modification, standard cell design, and artwork verification at a graphics computer terminal using a graphics tablet at the designer/computer interface
LOGSIM user's manual
The user's manual for the LOGSIM Program is presented. All program options are explained and a detailed definition of the format of each input card is given. LOGSIM Program operations, and the preparation of LOGSIM input data are discused along with data card formats, postprocessor data cards, and output interpretation
Telecommunications system design for the Mariner Mars 1971 spacecraft
The configuration of the Mariner Mars 1971 spacecraft telecommunications system is detailed, with particular attention to modifications performed to accommodate the orbital mission. The analysis and planning for launching are also discussed
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