2,540 research outputs found

    Party Legislation: Quo Vadis and How?

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    A new lower bound for the Towers of Hanoi problem

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    More than a century after its proposal, the Towers of Hanoi puzzle with 4 pegs was solved by Thierry Bousch in a breakthrough paper in 2014. The general problem with p pegs is still open, with the best lower bound on the minimum number of moves due to Chen and Shen. We use some of Bousch's new ideas to obtain an asymptotic improvement on this bound for all p >= 5

    CODES AND PRACTICES OF IMPLEMENTATION OF CORPORATE GOVERNANCE IN ROMANIA AND RESULTS REPORTING

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    Corporate governance refers to the manner in which companies are directed and controlled. Business management was always guided by certain principles, but the current meaning of corporate governance concerns and the contribution that companies must have the overall development of modern society. Romania used quite late in adopting a code of good practice in corporate governance, being driven, in particular, the privatization process, but also the transfer of control and surveillance of political organizations by the Board of Directors (BD). Adoption of codes of corporate governance is necessary to harmonize internal business requirements of a functioning market economy. In addition, the CEE countries, the European Commission adopted an action plan announcing measures to modernize company law and enhance corporate governance. Romania takes steps in this direction by amending the Company Law, and other regulations, although the practice does not necessarily keep pace with the requirements. This study aims on the one hand, an analysis of the evolution of corporate governance codes adopted in Romania, but also an empirical research of the implementation of corporate governance principles of a representative sample of companies listed on the Bucharest Stock Exchange (BSE). Consider relevant research methodology, because the issuer of the Codes of CG in Romania is BSE listed companies requesting their voluntary implementation. Implementation results are summarized and interpreted at the expense of public reports of the companies studied. Most studies undertaken in this direction have been made on multinational companies which respects the rule of corporate governance codes of countries of origin. In addition, many studies also emphasize the fair treatment of stakeholders rather than on models of governance adopted (monist/dualist) with implications for optimizing economic objectives but also social. Undertaken research attempts to highlight on the one hand, a misapplication of the principles of corporate governance in Romania at present, but also a lack of transparency in the dissemination and publication of information. They should promote a Board of Directors determined and would allow stakeholders access to information about the company. Research results can provide a basis for reconsidering the CG policies in Romania.Corporate Governance, Governance Code, Corporate Governance Principles, Annual Report, Governance models

    Monitoring with uncertainty

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    We discuss the problem of runtime verification of an instrumented program that misses to emit and to monitor some events. These gaps can occur when a monitoring overhead control mechanism is introduced to disable the monitor of an application with real-time constraints. We show how to use statistical models to learn the application behavior and to "fill in" the introduced gaps. Finally, we present and discuss some techniques developed in the last three years to estimate the probability that a property of interest is violated in the presence of an incomplete trace.Comment: In Proceedings HAS 2013, arXiv:1308.490
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