Emotional Maturity

Hogg Foundation for Mental Healt

Career concerns and investment maturity in mutual funds

An important puzzle in financial economics is why fund managers invest in short-maturity assets when they could obtain larger profits in assets with longer maturity. This work provides an explanation to this fact based on labor contracts signed between institutional investors and fund managers. Using a career concern setup, we examine how the optimal contract design, in the presence of both explicit and implicit incentives, affects the fund managers decisions on investment horizons. A numerical analysis characterizes situations in which young (old) managers prefer short-maturity (long-maturity) positions. However, when including multitask analysis, we find that career concerned managers are bolder and also prefer assets with long maturity

Does Maturity Signals High Risk and High Return?

The objective of this study is to examine the interaction between firm maturity and firm growth opportunities over risk and its impact on returns. This study uses 135 firms listed in Indonesia Stock Exchange during 2010 to 2016 as sample which gives 945 as total observed data. This study conducts path analysis in term for hypothesis testing and finds that firm maturity has significant role to increase the risk which gives impact on increasing the returns. In context of Indonesian firms, the findings imply that mature firms will have higher risk and higher returns

Maturity-independent risk measures

The new notion of maturity-independent risk measures is introduced and contrasted with the existing risk measurement concepts. It is shown, by means of two examples, one set on a finite probability space and the other in a diffusion framework, that, surprisingly, some of the widely utilized risk measures cannot be used to build maturity-independent counterparts. We construct a large class of maturity-independent risk measures and give representative examples in both continuous- and discrete-time financial models

Length at maturity in three pelagic sharks (Lamna nasus, Isurus oxyrinchus, and Prionace glauca) from New Zealand

Reproductive data collected from porbeagle, shortfin mako, and blue sharks caught around New Zealand were used to estimate the median length at maturity. Data on clasper development, presence or absence of spermatophores or spermatozeugmata, uterus width, and pregnancy were collected by observers aboard tuna longline vessels. Direct maturity estimates were made for smaller numbers of sharks sampled at recreational fishing competitions. Some data sets were sparse, particularly over the vital maturation length range, but the availability of multiple indicators of maturity made it possible to develop estimates for both sexes of all three species. Porbeagle shark males matured at 140–150 cm fork length and females at about 170–180 cm. New Zealand porbeagles therefore mature at shorter lengths than they do in the North Atlantic Ocean. Shortfin mako males matured at 180–185 cm and females at 275 –285 cm. Blue shark males matured at about 190 –195 cm and females at 170–190 cm; however these estimates were hampered by small sample sizes, difficulty obtaining representative samples from a population segregated by sex and maturity stage, and maturation that occurred over a wide length range. It is not yet clear whether regional differences in median maturity exist for shortfin mako an

The vocational development of a fifth form work exploration class : a thesis presented in partial fulfilment of the requirements for the Degree of Master of Arts in Applied Psychology at Massey University

The development of vocational maturity in a fifth form Work Exploration class was compared to that of a similar group of students who did not belong to the Work Exploration class. Vocational maturity was measured by the Crites Vocational Attitude Test, by subjective assessment in an informal interview situation, and by the Vocational Development Questionnaire which was developed specially for this study. After two school terms the results of the Crites Vocational Attitude Test and the interview showed that the experimental group (the Work Exploration Class) had developed significantly more in vocational maturity than had the control group. The Vocational Development Questionnaire did not show the same trend, therefore in its present state it is not a valid measure of vocational maturity

A Scrum-based approach to CMMI maturity level 2 in Web Development environments

Scrum has become one of the most popular agile methodologies, either alone or combined with other agile practices. Besides, CMMI (Capability Maturity Model Integration) is accepted as a suitable model to measure the maturity of the organizations when developing or acquiring software. Although these two approaches are often considered antagonist, the use of an agile approach to reach certain CMMI maturity levels may result beneficial to organizations that develop Web systems, since they would take the advantages of both approaches. In Web community, this union may be very interesting, because agile approaches fits with the special needs of Web development, and they could be a useful tool for companies getting a certain grade of maturity. This work analyzes the goals of CMMI maturity level 2 and the feasibility of achieving them using the practices proposed by Scrum, trying to assess whether the use of this methodology is suitable for meeting the CMMI generic and specific goals or not. Finally, and based on this analysis, this paper raises a possible extension of Scrum, based on agile techniques, to accommodate the CMMI maturity level 2.Ministerio de Educación y Ciencia TIN2010-20057-C03-02Junta de Andalucía TIC-578

The At Issue Maturity of Corporate Bonds: The Influence of Credit Rating, Security Level, Duration and Macreoconomic Conditions

We examine the determinants of the at issue time to maturity of corporate bonds. We find evidence that corporations partly determine the at issue maturity of bonds by responding to economic conditions. They also appear to immunize by matching the maturity of assets with the at issue maturity of bonds regardless of credit quality. Finally, we find evidence that the security level (our proxy for the recovery rate) is inversely related to the at issue time to maturity. This suggests that lenders use the promised maturity and security level bond covenants as screening mechanisms to overcome some of the asset substitution and adverse selection problems associated with buying bonds that are subject to credit risk.maturity, credit risk, security level, duration, macroeconomic factors