The Relationship between the Risk Management Level and the Financial Performance in the Investment Banking Industry

Abstract Aiming at investigating the relationship between the risk management level and the financial performance in the investment banking industry, this paper selects 55 investment banks in various countries from 2008 to 2018 and examines the impacts of the presence of a CRO and the size of the risk committee on return on assets (ROA), return on equity (ROE), and market-to-book ratio (MBR) respectively. In this study, the selected investment banks are divided into new and old investment banks according to their ages, which could be a sign of the level of a bank’s experience or popularity. With other parameters such as the firm size, the age, the leverage, and the revenue growth controlled, we find that the adoption of a CRO has a significant and negative relationship with both new and old investment banks’ ROE in the adoption year and that the positive effect of having a CRO on ROE takes three years to appear in new investment banks and one year to appear in old investment banks. We also find that the adoption of a CRO has a negative relationship with old investment banks’ ROA in the adoption year, and the positive effect starts to appear in one year. However, the results show no evidence that employing a CRO is significantly related to new investment banks’ ROA or either group of investment banks’ MBR. The regression results also fail to show significant impacts of the size of the risk committee on any form of financial performance selected in this paper. This study offers new empirical evidence and a different perspective for studies on the effects of a higher risk management level in the investment banking industry and could be a basis for future research on relevant topics

Trajectories of Self-compassion and Psychological Symptoms in Newly Diagnosed Cancer Patients

Objectives More self-compassion has been related to a better psychological functioning in cancer patients, but little is known about the course of self-compassion over time in the trajectory of illness and cancer treatment. This longitudinal study aimed to examine subgroups of cancer patients with differential trajectories of self-compassion and associations of these trajectories with the course of psychological symptoms. Methods A total of 153 cancer patients participated in this longitudinal study. Self-reported questionnaires were used to measure self-compassion (i.e., overall self-compassion and, separately, positive self-compassion, and negative self-compassion), and depressive and anxiety symptoms. These assessments were taken directly after cancer diagnosis (T1), and at the start (T2) and the end (T3) of medical treatment. Latent class growth modelling and repeated measures ANOVA were applied to examine the research questions. Results We identified three trajectories of overall self-compassion ("stable low" 82.2%, "late increase" 11.8%, and "late decrease" 6.0%), four trajectories of positive self-compassion ("late decline" 57.2%, "early decline" 22.4%, "large increase" 15.1%, and "large decline" 5.3%), and four trajectories of negative self-compassion ("late decline" 42.1%, "stable negative self-compassion" 40.8%, "large fluctuation" 9.9%, and "large increase" 7.2%). Only the negative self-compassion trajectories were significantly related to the course of depressive and anxiety symptoms. Conclusions Our findings suggest that subgroups of cancer patients exist that show distinct trajectories of self-compassion over time. We identified a small group of patients at a higher risk of losing self-compassion throughout the cancer trajectory and experiencing psychological symptoms

Identification and analysis of the stigma and embryo sac-preferential/specific genes in rice pistils

The secretion-related genes. (XLS 40 kb

Electroacupuncture at LI11 promotes jejunal motility via the parasympathetic pathway

Background: Gastrointestinal motility disorder has been demonstrated to be regulated by acupuncture treatment. The mechanisms underlying the effects of acupuncture stimulation of abdominal and lower limb acupoints on gastrointestinal motility have been thoroughly studied; however, the physiology underlying the effects of acupuncture on the forelimbs to mediate gastrointestinal motility requires further exploration. The aim of this study was to determine whether electroacupuncture (EA) at LI11 promotes jejunal motility, whether the parasympathetic pathway participates in this effect, and if so, which somatic afferent nerve fibres are involved.Methods: A manometric balloon was used to observe jejunal motility. The effects and mechanisms of EA at LI11 were explored in male Sprague-Dawley rats with or without drug administration (propranolol, clenbuterol, acetylcholine, and atropine) and with or without vagotomy. Three types of male mice (β1β2 receptor-knockout [β1β2 −/−] mice, M2M3 receptor-knockout [M2M3 −/−] mice and wild-type [WT] mice) were also studied by using different EA intensities (1, 2, 4, 6, and 8 mA). A total of 72 rats and 56 mice were included in the study.Results: EA at LI11 increased the contractile amplitude of jejunal motility in the majority of both rats and mice. However, EA at LI11 did not enhance jejunal motility in rats administered atropine, rats that underwent vagotomy, and M2M3 −‍‍/− mice (at all intensities). In WT mice, EA at LI11 significantly increased jejunal motility at all intensities except 1 mA, and a plateau was reached at intensities greater than 4 mA.Conclusion: Our results suggest that EA at LI11 promotes jejunal motility primarily by exciting the parasympathetic pathway, and that Aδ-fibres and C-fibres may play important roles in the process

Some topological indices and graph properties

In this paper, by using the degree sequences of graphs, we present sufficient conditions for a graph to be Hamiltonian, traceable, Hamilton-connected or $k$-connected in light of numerous topological indices such as the eccentric connectivity index, the eccentric distance sum, the connective eccentricity index

Comparative Multi-Epitope-Ligand-Cartography reveals essential immunological alterations in Barrett's metaplasia and esophageal adenocarcinoma

<p>Abstract</p> <p>Background</p> <p>Barrett's esophagus (BE) is caused by gastroesophageal reflux with consecutive mucosal inflammation, predisposing patients to the development of esophageal adenocarcinoma (EAC). We investigated changes in T cell-related mucosal combinatorial molecular protein patterns in both diseases using the novel Multi-Epitope-Ligand-Cartography, a unique robotic whole-cell imaging technology that simultaneously visualizes dozens of proteins in structurally intact tissues and correlates cellular localization of proteins with function.</p> <p>Results</p> <p>Biopsies were taken during endoscopy from BE, EAC, and normal control tissue, and proteomic microscopy was performed on 32 different epitopes. When the significance level was set to p < 0.0005 and the search depth to five antibody combinations, controls and BE can be differentiated by 63, controls and EAC by 3222, and BE from EAC by 1521 distinct protein combinations.</p> <p>For example, the number of activated apoptotic naïve and memory T cells was significantly increased only in BE, whereas the number of activated apoptotic helper and regulatory T cells was significantly elevated in BE and EAC. In contrast, the number of activated apoptotic cytotoxic T cells was significantly elevated only in EAC. Confirming different pathways in BE and EAC, the number of T lymphocytes with p53 expression and downregulation of bcl2 expression (CD3⁺p53⁺Bcl2^-NfkB^-) was significantly increased in EAC compared to BE and controls. Interestingly, the number of precursor T cells (CD7⁺) was significantly elevated only in EAC. These cells lack Bax and caspase-8, suggesting impaired apoptosis in the early stages of T cell differentiation.</p> <p>Conclusion</p> <p>Proteomic analysis showed for the first time that proteins, which are critically involved in the mucosal immune system of the esophagus, are distinctly expressed in BE and EAC, whereas others are comparably altered in both diseases, suggesting that many pathogenic events might be shared by both diseases. Topological proteomic analysis, therefore, helps us to understand the different pathogenic events in the underlying disease pathways.</p

Self-Compassion and Symptoms of Depression and Anxiety in Chinese Cancer Patients:the Mediating Role of Illness Perceptions

Objectives An adaptive role of self-compassion for psychological functioning in cancer patients has been highlighted, yet less is known about the underlying mechanisms. This study aimed to examine the mediating role of cancer patients' illness perceptions in the relations between self-compassion and psychological symptoms. Methods This cross-sectional study focused on 301 people with heterogeneous types of cancer. A self-reported questionnaire was used to collect participants' levels of self-compassion, illness perceptions, and symptoms of depression and anxiety. Parallel mediation analyses were performed to examine the research questions. Results The relation between self-compassion and depressive symptoms was mediated by perceived consequences and a timeline cyclical of cancer. Perceived consequences also mediated the relation between self-compassion and symptoms of anxiety, with an additional mediating role of personal control. Conclusions These findings suggest that both self-compassion and illness perceptions were closely linked with cancer patients' psychological symptoms. Particularly, cancer patients who feel more self-compassionate perceive fewer negative consequences of cancer, a less timeline cyclical, and more personal control over their life and report fewer psychological symptoms

A new extended matrix KP hierarchy and its solutions

With the square eigenfunctions symmetry constraint, we introduce a new extended matrix KP hierarchy and its Lax representation from the matrix KP hierarchy by adding a new $\tau_B$ flow. The extended KP hierarchy contains two time series ${t_A}$ and ${\tau_B}$ and eigenfunctions and adjoint eigenfunctions as components. The extended matrix KP hierarchy and its $t_A$-reduction and $\tau_B$ reduction include two types of matrix KP hierarchy with self-consistent sources and two types of (1+1)-dimensional reduced matrix KP hierarchy with self-consistent sources. In particular, the first type and second type of the 2+1 AKNS equation and the Davey-Stewartson equation with self-consistent sources are deduced from the extended matrix KP hierarchy. The generalized dressing approach for solving the extended matrix KP hierarchy is proposed and some solutions are presented. The soliton solutions of two types of 2+1-dimensional AKNS equation with self-consistent sources and two types of Davey-Stewartson equation with self-consistent sources are studied.Comment: 17 page

Translocase of the Outer Mitochondrial Membrane 40 Is Required for Mitochondrial Biogenesis and Embryo Development in Arabidopsis

In eukaryotes, mitochondrion is an essential organelle which is surrounded by a double membrane system, including the outer membrane, intermembrane space and the inner membrane. The translocase of the outer mitochondrial membrane (TOM) complex has attracted enormous interest for its role in importing the preprotein from the cytoplasm into the mitochondrion. However, little is understood about the potential biological function of the TOM complex in Arabidopsis. The aim of the present study was to investigate how AtTOM40, a gene encoding the core subunit of the TOM complex, works in Arabidopsis. As a result, we found that lack of AtTOM40 disturbed embryo development and its pattern formation after the globular embryo stage, and finally caused albino ovules and seed abortion at the ratio of a quarter in the homozygous tom40 plants. Further investigation demonstrated that AtTOM40 is wildly expressed in different tissues, especially in cotyledons primordium during Arabidopsis embryogenesis. Moreover, we confirmed that the encoded protein AtTOM40 is localized in mitochondrion, and the observation of the ultrastructure revealed that mitochondrion biogenesis was impaired in tom40-1 embryo cells. Quantitative real-time PCR was utilized to determine the expression of genes encoding outer mitochondrial membrane proteins in the homozygous tom40-1 mutant embryos, including the genes known to be involved in import, assembly and transport of mitochondrial proteins, and the results demonstrated that most of the gene expressions were abnormal. Similarly, the expression of genes relevant to embryo development and pattern formation, such as SAM (shoot apical meristem), cotyledon, vascular primordium and hypophysis, was also affected in homozygous tom40-1 mutant embryos. Taken together, we draw the conclusion that the AtTOM40 gene is essential for the normal structure of the mitochondrion, and participates in early embryo development and pattern formation through maintaining the biogenesis of mitochondria. The findings of this study may provide new insight into the biological function of the TOM40 subunit in higher plants

The effect of water temperature on the pathogenicity of decapod iridescent virus 1 (DIV1) in Litopenaeus vannamei

Decapod iridescent virus 1 (DIV1) has caused huge losses to the shrimp breeding industry in recent years as a new shrimp virus. In this study, white leg shrimp, Litopenaeus vannamei, were cultured at different temperatures (26 ± 1 °C and 32 ± 1 °C) and the same salinity, then infected with DIV1 by intramuscular injection to determine the effects of water temperature on viral infection. The DIV1 copy counts in the gills, hepatopancreas, pleopods, intestines, and muscles of L. vannamei were measured in samples collected at 6, 12, and 24 h post-infection (hpi), and the survival rate of L. vannamei was assessed every 6 h after infection. At 96 hpi, the survival rates of L. vannamei in the high (32 ± 1 ℃) and standard (26 ± 1 ℃) water temperature groups were 2.22% and 4.44%, respectively. The peak time of mortality in the high-water temperature group was 6 h earlier than in the standard water temperature group. After 24 hours of DIV1 infection, the DIV1 copy counts in the standard water temperature treatment group were significantly higher than those in the high-water temperature treatment group. The tissues with the highest virus copy counts in the standard and high-temperature groups were the intestines (2.9×1011 copies/g) and muscles (7.0×108 copies/g). The effect of temperature on the pathogenicity of DIV1 differs from that of other previously studied viruses, such as white spot syndrome virus, Taura syndrome virus, and infectious hypodermal and hematopoietic necrosis virus, because the high-water temperature did not mitigate the damage caused by DIV1 infection