WorldWideScience

Sample records for sbir investor forum

  1. Institutional Investors

    DEFF Research Database (Denmark)

    Birkmose, Hanne Søndergaard; Strand, Therese

    Research Question/Issue: Institutional investors are facing increased pressure and threats of legislation from the European Union to abandon passive ownership strategies. This study investigates the prerequisites for – and potential dissimilarities in the practice of, active ownership among....../Policy Implications: Regulators should be aware of the impact by local governance mechanisms, and how shareholders react under different legal and practical prerequisites. The paper also highlights legal elements that differ between Denmark and Sweden, and which might affect institutional activism....

  2. SBIR/STTR Programs

    Data.gov (United States)

    National Aeronautics and Space Administration — The NASA SBIR and STTR programs fund the research, development, and demonstration of innovative technologies that fulfill NASA needs as described in the annual...

  3. Managing investors.

    Science.gov (United States)

    Palmisano, Sam; Fox, Justin

    2014-06-01

    Managers and academics often lament that Wall Street's shortterm focus makes it impossible for corporations to plan for the long run. Palmisano disagrees. Yes, there are some on Wall Street, such as the sell-side analysts who dominate quarterly earnings conference calls, who can't see more than a few months out. But CEOs shouldn't participate in those calls anyway, he believes. They should instead focus their energies on the institutional investors who will embrace the long view if they are given ways to judge a company's progress. In this edited interview with one of HBR's executive editors, Palmisano describes how IBM's top management made significant changes to how the firm set goals and communicated them to investors. "The model," a rolling multi-year road map for earnings growth and cash generation, included an emphasis on R&D investment even during downturns, a plan for execution that involved every unit in the organization, and a shift toward long-term compensation. Transparency and open dialogues with large shareholders were also key. The CEO is a steward, Palmisano argues, charged with protecting a company and its returns for decades to come. But that vision need not clash with success on the visible horizon; during Palmisano's tenure, IBM's stock price soared.

  4. PENGGUNAAN FACEBOOK OLEH INVESTOR

    National Research Council Canada - National Science Library

    Peter Garlans Sina

    2016-01-01

    ...:  Penggunaan Facebook oleh Investor. The purpose of this study is to give additional evidence of the negative impacts of the use of Facebook as a social networking between investors in making investment decisions and how to...

  5. Common mistakes of investors

    Directory of Open Access Journals (Sweden)

    Yuen Wai Pong Raymond

    2012-09-01

    Full Text Available Behavioral finance is an actively discussed topic in the academic and investment circle. The main reason is because behavioral finance challenges the validity of a cornerstone of the modern financial theory: rationality of investors. In this paper, the common irrational behaviors of investors are discussed

  6. Investor Sentiment and Employment

    NARCIS (Netherlands)

    M. Montone (Maurizio); R.C.J. Zwinkels (Remco)

    2015-01-01

    markdownabstract__Abstract__ We find that investor sentiment should affect a firm's employment policy in a world with moral hazard and noise traders. Consistent with the model's predictions, we show that higher sentiment among US investors leads to: (1) higher employment growth worldwide; (2)

  7. Penggunaan Facebook Oleh Investor

    OpenAIRE

    Sina, Peter Garlans

    2016-01-01

    : Penggunaan Facebook oleh Investor. The purpose of this study is to give additional evidence of the negative impacts of the use of Facebook as a social networking between investors in making investment decisions and how to reduce it. The results showed that the use of Facebook leads to the formation of erroneous beliefs that tend to make bias investment decisions. At the end of the study, it was described how to reduce them.

  8. INVESTOR ATTENTION AND SENTIMENT

    OpenAIRE

    Wang, Jessica Yichun

    2015-01-01

    Investor sentiment and attention are often linked to the same non-economic events making it difficult to understand why and how asset prices are affected. This thesis disentangles these two potential drivers of market behaviour by studying how investors react to sports outcomes, weather conditions and merger and acquisition announcements. Firstly, a new dataset of medals for major participating countries and sponsor firms over four Summer Olympic Games is analysed. Results show...

  9. Experienced and Novice Investors

    DEFF Research Database (Denmark)

    Holm, Claus; Rikhardsson, Pall M.

    2008-01-01

    environmental information (varied between cases). The results suggest that environmental information disclosure influences investment allocation decisions. The results also suggest that potentially mitigating factors such as the investment horizon and the experience level of investors affect investment......This paper examines the effect of environmental information on investment decisions. The results are based on an experiment in which groups of investors (varied by experience) were asked to make short and long term investment allocation decisions based on financial information and on supplementary...... allocation decisions, but the predicted main effect of positive environmental information holds across different investment horizons and investor types. Hence, the results are not attributable to interaction effects. Interestingly, compared to other company information, environmental information is not rated...

  10. Investor Sentiment and Employment

    NARCIS (Netherlands)

    M. Montone (Maurizio); R.C.J. Zwinkels (Remco)

    2014-01-01

    textabstractWe find that investor sentiment should affect a firm's employment policy in a world with moral hazard and noise traders. Consistent with the model's predictions, we show that higher US sentiment leads to: (1) higher employment growth worldwide; (2) lower labor productivity, as it hardly

  11. Individual Investor Activity and performance

    OpenAIRE

    Dahlquist, Magnus; Martinez, José Vicente; Söderlind, Paul

    2016-01-01

    We examine the activity and performance of a large panel of individual investors (approximately 70,000 investors and their daily returns over the 2000 to 2010 period) in Sweden's Premium Pension System. We document strong inertia in individuals' choices and changes of mutual funds. We find that active investors outperform passive investors, and that there is a causal effect of fund changes on performance. The outperformance is primarily the result of dynamic fund selection. Activity is benefi...

  12. Wireless Sensor Needs Defined by SBIR Topics

    Science.gov (United States)

    Studor, George F.

    2010-01-01

    This slide presentation reviews the needs for wireless sensor technology from various U.S. government agencies as exhibited by an analysis of Small Business Innovation Research (SBIR) solicitations. It would appear that a multi-agency group looking at overlapping wireless sensor needs and technology projects is desired. Included in this presentation is a review of the NASA SBIR process, and an examination of some of the SBIR projects from NASA, and other agencies that involve wireless sensor development

  13. Experienced and Novice Investors

    DEFF Research Database (Denmark)

    Holm, Claus; Rikhardsson, Pall M.

    by investment horizons) the groups were asked to allocate funds to two companies based on the available information. The findings suggest that environmental information has the potential to influence investment allocation decisions. The findings also suggest that the influence of environmental information......This paper examines the effect of environmental information on the investment decisions of investors. The motivation for the experimental design applied in this study is that unless actual decision making is observed, the potential usefulness of environmental information (or lack thereof) cannot...... be taken for granted. The study is based on an experiment where groups of investors (varied by experience) were asked to make investment allocation decisions based on financial information and on supplementary environmental information (varied between cases). As an investment allocation decision (varied...

  14. Portfolio optimization retail investor

    Directory of Open Access Journals (Sweden)

    I. А. Kiseleva

    2016-01-01

    Full Text Available The article notes that the task of the investor's risk management is to, on the one hand, as much as possible to strive to achieve the criterion of risk level, and on the other hand, in any case not exceed it. Since the domestic theory of risk management is under development, the problem of the optimal ratio of "risk-income" becomes now of particular relevance. This article discusses the different distribution areas of the private investor in order to obtain the maximum profit. The analysis showed us the overall economic and political system of the country, as well as the legislative provision of guarantees to the investor. To obtain sufficient income and reduce losses it is important to maintain the optimum value found between the amount of the investor's risk and capital transactions. Model of optimal placement of funds led to the conclusion about inexpediency strong increase in the diversification of the investment portfolio (more than 10 different types of assets in the portfolio, since it increases the complexity of its practical form, while the portfolio characteristics are improved significantly. It is concluded that it is impossible to increase revenue without increasing the risk or reduce risk without reducing income. The analysis shows that there is no single best asset portfolio. It is impossible to increase revenue without increasing the risk or reduce risk without reducing income. Possible combination of the "riskincome" will depend on the objective function. Most diversified and bringing the best return per unit of risk, is a portfolio that contains the most risky assets.

  15. Decrypting Financial Markets through E-Joint Attention Efforts: On-Line Adaptive Networks of Investors in Periods of Market Uncertainty

    OpenAIRE

    Niccolò Casnici; Pierpaolo Dondio; Roberto Casarin; Flaminio Squazzoni

    2015-01-01

    This paper looks at 800,000 messages on the Unicredit stock, exchanged by 7,500 investors in the Finanzaonline.com forum, between 2005 and 2012 and measured collective interpretations of stock market trends. We examined the correlation patterns between market uncertainty, bad news and investors' network structure by measuring the investors' communication patterns. Our results showed that the investors' network reacted to market trends in different ways: While less turbulent market phases impl...

  16. Dominant investors and strategic transparency

    NARCIS (Netherlands)

    Perotti, E.C.; von Thadden, E.-L.

    1998-01-01

    This paper studies product market competition under a strategic transparency decision. Dominant investors can influence information collection in the financial market, and thereby corporate transparency, by affecting market liquidity or the cost of information collection. More transparency on a

  17. WARREN BUFFETT, THE INTELLIGENT INVESTOR

    National Research Council Canada - National Science Library

    Dan Popescu

    2010-01-01

    Starting from the difficult economic conditions in Romania, the paper identifies the qualities of an intelligent investor on the background of the economic and financial crisis by presenting Warren...

  18. Dominant investors and strategic transparency

    NARCIS (Netherlands)

    Perotti, E.C.; von Thadden, E.-L.

    1999-01-01

    This paper studies product market competition under a strategic transparency decision. Dominant investors can influence information collection in the financial market, and thereby corporate transparency, by affecting market liquidity or the cost of information collection. More transparency on a

  19. Conditional Betas and Investor Uncertainty

    OpenAIRE

    Fernando D. Chague

    2013-01-01

    We derive theoretical expressions for market betas from a rational expectation equilibrium model where the representative investor does not observe if the economy is in a recession or an expansion. Market betas in this economy are time-varying and related to investor uncertainty about the state of the economy. The dynamics of betas will also vary across assets according to the assets' cash-flow structure. In a calibration exercise, we show that value and growth firms have cash-flow structures...

  20. Investor Psychology and Asset Pricing

    OpenAIRE

    Hirshleifer, David

    2001-01-01

    The basic paradigm of asset pricing is in vibrant flux. The purely rational approach is being subsumed by a broader approach based upon the psychology of investors. In this approach, security expected returns are determined by both risk and misvaluation. This survey sketches a framework for understanding decision biases, evaluates the a priori arguments and the capital market evidence bearing on the importance of investor psychology for security prices, and reviews recent models.

  1. Investor Sentiment in the Stock Market

    OpenAIRE

    Malcolm Baker; Jeffrey Wurgler

    2007-01-01

    Investor sentiment, defined broadly, is a belief about future cash flows and investment risks that is not justified by the facts at hand. The question is no longer whether investor sentiment affects stock prices, but how to measure investor sentiment and quantify its effects. One approach is "bottom up," using biases in individual investor psychology, such as overconfidence, representativeness, and conservatism, to explain how individual investors underreact or overreact to past returns or fu...

  2. Forum Kayastha

    Indian Academy of Sciences (India)

    Home; Journals; Journal of Biosciences. Forum Kayastha. Articles written in Journal of Biosciences. Volume 40 Issue 2 June 2015 pp 313-324 Articles. Andrographolide suppresses epithelial mesenchymal transition by inhibition of MAPK signalling pathway in lens epithelial cells · Forum Kayastha Kaid Johar Devarshi ...

  3. INSTITUTIONAL INVESTORS AND CORPORATE GOVERNANCE

    Directory of Open Access Journals (Sweden)

    Ruxandra-Adriana MATEESCU

    2015-04-01

    Full Text Available This study aims to review previous developed studies regarding the institutional investors’ issue, as the influence they exert in the companies they invest in is growing in importance. In the first part, the paper tries to review the existing literature regarding the institutional investors’ research theme, especially regarding their attitude towards investment, while the second main part will try to describe the presence of institutional investors in Romanian listed companies. Also, the paper aims to review previous studies regarding the influence of institutional investors over corporate governance mechanisms (especially board’s members’ independence and composition and financial and non-financial disclosure practices.

  4. Financial Advice and Individual Investor Portfolio Performance

    NARCIS (Netherlands)

    Kramer, M.M.

    2012-01-01

    This paper investigates whether financial advisers add value to individual investors portfolio decisions by comparing portfolios of advised and self-directed (execution-only) Dutch individual investors. The results indicate significant differences in characteristics and portfolios between these

  5. Measuring Bubble Expectations and Investor Confidence

    OpenAIRE

    Robert J. Shiller

    1999-01-01

    This paper presents evidence on attitude changes among investors in the US stock market. Two basic attitudes are explored: bubble expectations and investor confidence. Semiannual time-series indicators of these attitudes are presented for US stock market institutional investors based on questionnaire survey results 1989 1998, from surveys that I have derived in collaboration with Fumiko Kon-Ya and Yoshiro Tsutsui. Five different time-series indicators of whether there is among investors an ex...

  6. Investor Flows to Asset Managers

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Musto, David K.; Wermers, Russ

    2014-01-01

    Cash flows between investors and funds are both cause and effect in a complex web of economic decisions. Among the issues at stake are the prospects and fees of the funds, the efforts and risk choices by the funds' managers, the pricing and comovement of the assets they trade, the stability...... of the financial system and the real economy, and the retirement security and protection of the investors. There is an accordingly large and growing literature on flows that has concentrated on the main retail investment pool, the open-end mutual fund, and has used flows to explore many aspects of retail financial...... decision making. We survey this literature and, where relevant, describe how open-end flows compare to other investment vehicles. We also identify opportunities both for future research and for refinement of mutual fund design, in particular as suggested by the recent rethinking of retail investment pools...

  7. Can Leverage Constraints Help Investors?

    OpenAIRE

    Heimer, Rawley

    2014-01-01

    This paper provides causal evidence that leverage constraints can reduce the underperformance of individual investors. In accordance with Dodd-Frank, the CFTC was given regulatory authority over the retail market for foreign exchange and capped the maximum permissible leverage available to U.S. traders. By comparing U.S. traders on the same brokerages with their unregulated European counterparts, I show that the leverage constraint reduces average per-trade losses even after adjusting for ris...

  8. Warren Buffett, the intelligent investor

    Directory of Open Access Journals (Sweden)

    Popescu, D.

    2010-12-01

    Full Text Available Starting from the difficult economic conditions in Romania, the paper identifies the qualities of an intelligent investor on the background of the economic and financial crisis by presenting Warren Buffet’s strategy and action in the recent times. The conclusion is that Warren Buffet remains in the economic history as the most atypical capitalist that Americans have ever had and his behaviour could be successfully followed by the Romanian business men.

  9. Forum Commentary

    Science.gov (United States)

    Kanno, Yasuko

    2014-01-01

    Social class has been underresearched in the field of applied linguistics. The central goal of this forum was to stimulate more conversation about social class as it impacts language learning and teaching. In this article, I comment on 3 salient themes that have emerged in the 5 articles: (1) agency and structure in language learning and teaching,…

  10. Space Based Infrared System High (SBIRS High)

    Science.gov (United States)

    2015-12-01

    SBIRS and Defense Support Program ( DSP ) operations at the Mission Control Station (MCS-2) at Buckley Air Force Base using a single software and hardware...2015. A formal test on December 10-18, 2015 proved the Block 10.3 system has the ability to control the full constellation (GEO/HEO and DSP ) of... processor , satellite data interface system, and contractor logistics support. Notes Block Buy (GEO 5-6) None Nuclear Costs Baseline (GEO 1-4, HEO 1-2, and

  11. Investor protection and International Equity Portfolio Investments

    OpenAIRE

    Poshakwale, Sunil S.; Thapa, Chandra

    2011-01-01

    The paper examines the influence of investor protection on international equity portfolio investments. Using bilateral portfolio holdings data for 36 countries for 2001-2006, the study demonstrates that the investor protection measures are important determinants of foreign equity portfolio investments. The findings suggest that by improving the quality and enforcement efficiency of legal protections offered to foreign investors, policymakers may be able to attract greater in...

  12. A Conceptual Model of Investor Behavior

    NARCIS (Netherlands)

    M. Lovric (Milan); U. Kaymak (Uzay); J. Spronk (Jaap)

    2008-01-01

    textabstractBased on a survey of behavioral finance literature, this paper presents a descriptive model of individual investor behavior in which investment decisions are seen as an iterative process of interactions between the investor and the investment environment. This investment process is

  13. The Asymmetric Effects of Investor Sentiment

    DEFF Research Database (Denmark)

    Lutz, Chandler

    investors only act as corrective force during certain time periods. We also show that our index predicts implied volatility, media pessimism, and mutual fund flows. Overall, our findings are consistent with both the theories and anecdotal accounts of investor sentiment in the stock market....

  14. Do investors value the FDA orphan drug designation?

    National Research Council Canada - National Science Library

    Miller, Kathleen L

    2017-01-01

    .... Specifically, it studies the value that investors place on the orphan drug designation, by investigating how investors react to companies' announcing that their product has received the designation...

  15. Multifractals of investor behavior in stock market

    Science.gov (United States)

    Oh, Gabjin

    2017-07-01

    In this paper, we analyze the nonlinear properties of investor activity using the multifractal detrended fluctuation analysis (MF-DFA) method. Using the aggregated trading volumes of buying, selling, and normalized net investor trading (NIT) to quantify the characteristics of trader behavior in the KOSPI market, we find that the cumulative distribution functions of all NIT time series, except for individual traders, follow a power-law distribution with an exponent in the range of 2.92 ≤ γ ≤ 3.87. To observe the nonlinear features of investor activity, we also calculate the multifractal spectra for the buyer, seller, and NIT data sets and find that a multifractal structure exists in all of the data, regardless of the investor type studied.

  16. 77 FR 62541 - Investor Advisory Committee

    Science.gov (United States)

    2012-10-15

    ... meeting includes discussion of and voting on a recommendation from the Investor as Purchaser subcommittee...: Electronic Statements Use the Commission's Internet submission form ( http://www.sec.gov/rules/other.shtml...

  17. TACTICAL ASSET ALLOCATION USING INVESTORS' SENTIMENT

    OpenAIRE

    Kim, Soo-Hyun; Kang, Hyoung-Goo

    2015-01-01

    We extend investor sentiment literature and apply it to tactical portfolio allocation in the Korean stock market. We first construct a Korean investors' sentiment index by considering prior literature and expert opinions. Second, we investigate whether the index can predict both time series and cross sectional variations of stock returns. Third, we attempt tactical asset allocation using the index. Our sentiment index predicts both time series and cross sectional variations of stock returns. ...

  18. Decrypting Financial Markets through E-Joint Attention Efforts: On-Line Adaptive Networks of Investors in Periods of Market Uncertainty.

    Directory of Open Access Journals (Sweden)

    Niccolò Casnici

    Full Text Available This paper looks at 800,000 messages on the Unicredit stock, exchanged by 7,500 investors in the Finanzaonline.com forum, between 2005 and 2012 and measured collective interpretations of stock market trends. We examined the correlation patterns between market uncertainty, bad news and investors' network structure by measuring the investors' communication patterns. Our results showed that the investors' network reacted to market trends in different ways: While less turbulent market phases implied less communication, higher market volatility generated more complex communication patterns. While the information content of messages was less technical in situations of uncertainty, bad news caused more informative messages only when market volatility was lower. This meant that bad news had a different impact on network behaviour, depending on market uncertainty. By measuring the investors' expertise, we found that their behaviour could help predict changes in daily stock returns. We also found that expert investors were more influential in communication processes during high volatility market phases, whereas they had less influence on the real-time forum's reaction after bad news. Our findings confirm the crucial role of e-communication platforms. However, they also show the need to reconsider the fragility of these collective intelligence systems when under external shocks.

  19. Decrypting Financial Markets through E-Joint Attention Efforts: On-Line Adaptive Networks of Investors in Periods of Market Uncertainty.

    Science.gov (United States)

    Casnici, Niccolò; Dondio, Pierpaolo; Casarin, Roberto; Squazzoni, Flaminio

    2015-01-01

    This paper looks at 800,000 messages on the Unicredit stock, exchanged by 7,500 investors in the Finanzaonline.com forum, between 2005 and 2012 and measured collective interpretations of stock market trends. We examined the correlation patterns between market uncertainty, bad news and investors' network structure by measuring the investors' communication patterns. Our results showed that the investors' network reacted to market trends in different ways: While less turbulent market phases implied less communication, higher market volatility generated more complex communication patterns. While the information content of messages was less technical in situations of uncertainty, bad news caused more informative messages only when market volatility was lower. This meant that bad news had a different impact on network behaviour, depending on market uncertainty. By measuring the investors' expertise, we found that their behaviour could help predict changes in daily stock returns. We also found that expert investors were more influential in communication processes during high volatility market phases, whereas they had less influence on the real-time forum's reaction after bad news. Our findings confirm the crucial role of e-communication platforms. However, they also show the need to reconsider the fragility of these collective intelligence systems when under external shocks.

  20. ROMANIAN INVESTORS PORTFOLIO. ONLINE VERSUS ASSISTED TRADING

    Directory of Open Access Journals (Sweden)

    Ioana Ancuţa IANCU

    2017-05-01

    Full Text Available One of the most important aspects in deciding to trade online, alone, without the help of a broker, is the portfolio profitability. In this study, using the personal experience, survey data and secondary sources, we identify some factors that may influence the gain and the loss of investors which trade online. Our study contradicts other results from literature that claim that the transition from assisted to online trading is a big drawback in terms of portfolio profitability. By analyzing the performance of the portfolio when passing from assisted to online trading, we observe that half of the investors achieved identical profitability. We also observed that the efficiency of the portfolios belonging to the online investors that were assisted in the past by a broker for a short period, is lower compared to the ones assisted (in the past for a longer period.

  1. NREL's Industry Growth Forum Boosts Clean Energy Commercialization Efforts (Fact Sheet)

    Energy Technology Data Exchange (ETDEWEB)

    2010-12-01

    For more than a decade, the National Renewable Energy Laboratory's (NREL) Industry Growth Forum has been the nation's premier event for early-stage clean energy investment. The forum features presentations from the most innovative, promising, and emergent clean energy companies; provocative panels led by thought leaders; and organized networking opportunities. It is the perfect venue for growing cleantech companies to present their business to a wide range of investors.

  2. Lighting detectives forum

    DEFF Research Database (Denmark)

    Bülow, Katja; Skindbjerg Kristensen, Lisbeth

    2003-01-01

    Belysning for boligområder var emnet for lighting detectives forum, der blev afholdt i Stockholm i august 2003.......Belysning for boligområder var emnet for lighting detectives forum, der blev afholdt i Stockholm i august 2003....

  3. 48 CFR 1852.219-81 - Limitation on subcontracting-SBIR Phase II program.

    Science.gov (United States)

    2010-10-01

    ... subcontracting-SBIR Phase II program. 1852.219-81 Section 1852.219-81 Federal Acquisition Regulations System... CLAUSES Texts of Provisions and Clauses 1852.219-81 Limitation on subcontracting—SBIR Phase II program. As prescribed in 1819.7302(b), insert the following clause: Limitation on Subcontracting—SBIR Phase II Program...

  4. 48 CFR 1852.219-80 - Limitation on subcontracting-SBIR Phase I program.

    Science.gov (United States)

    2010-10-01

    ... subcontracting-SBIR Phase I program. 1852.219-80 Section 1852.219-80 Federal Acquisition Regulations System... CLAUSES Texts of Provisions and Clauses 1852.219-80 Limitation on subcontracting—SBIR Phase I program. As prescribed in 1819.7302(a), insert the following clause: Limitation on Subcontracting—SBIR Phase I Program...

  5. The Institutional Investors and Corporate Governance

    Directory of Open Access Journals (Sweden)

    Niculae Feleaga

    2006-12-01

    Full Text Available The years between 1990-2000 represented the rising power period for the institutional investors, especially within the developed countries. In the Anglo-Saxon environment, such a growth significantly modified the structure of companies’ shareholder frameworks. The development and the institutionalization of the stock exchange market determined the companies’ bonds to be more concentrated within the hands of the financial institutions, which have a superior economic expertise, rather than do the natural persons when saving. In order to diminish the informational lack of symmetry, between the company’s leaders and its shareholders, and for influencing the leaders in managing the enterprise – with the purpose of maximizing value – some institutional investors tried to implement an external control system. Therefore, they formulated new corporate governance procedures. The development of the institutional investors is part of a reform movement targeted towards the macro-financial environment. That is why, two important elements deserve to be mentioned: the households’ financial patrimonies and the structure of the financing frameworks. The institutional investors are essentially the mutual funds, the insurance companies and the pension funds, and therefore they manage considerable amounts of capital (in thousands of billions of dollars within the assembly of OCDE countries.

  6. Do Investor Preferences Drive Corporate Dividend Policy?

    Directory of Open Access Journals (Sweden)

    Konieczka Przemysław

    2014-10-01

    Full Text Available This research paper aims at assessing whether managers adapt their dividend policies to the changing preferences of investors, as predicted by the catering theory of dividends. To answer this question, we used an modified approach based on the method proposed by Baker and Wurgler [2004a] in their studies on dividend catering.

  7. The Asymmetric Effects of Investor Sentiment

    DEFF Research Database (Denmark)

    Lutz, Chandler

    2016-01-01

    We use the returns on lottery-like stocks and a dynamic factor model to construct a novel index of investor sentiment. This new measure is highly correlated with other behavioral indicators, but more closely tracks speculative episodes. Our main new finding is that the effects of sentiment...

  8. The Asymmetric Predictive Effects of Investor Sentiment

    DEFF Research Database (Denmark)

    Lutz, Chandler

    We use the returns on lottery-like stocks to construct a novel index for investor sentiment in the stock market. This new measure is closely related to previously developed sentiment indicators, but more accurately tracks speculative episodes over the sample period. Using our index, we find...

  9. The Institutional Investors and Corporate Governance

    Directory of Open Access Journals (Sweden)

    Niculae Feleaga

    2006-10-01

    Full Text Available The years between 1990-2000 represented the rising power period for the institutional investors, especially within the developed countries. In the Anglo-Saxon environment, such a growth significantly modified the structure of companies’ shareholder frameworks. The development and the institutionalization of the stock exchange market determined the companies’ bonds to be more concentrated within the hands of the financial institutions, which have a superior economic expertise, rather than do the natural persons when saving. In order to diminish the informational lack of symmetry, between the company’s leaders and its shareholders, and for influencing the leaders in managing the enterprise – with the purpose of maximizing value – some institutional investors tried to implement an external control system. Therefore, they formulated new corporate governance procedures. The development of the institutional investors is part of a reform movement targeted towards the macro-financial environment. That is why, two important elements deserve to be mentioned: the households’ financial patrimonies and the structure of the financing frameworks. The institutional investors are essentially the mutual funds, the insurance companies and the pension funds, and therefore they manage considerable amounts of capital (in thousands of billions of dollars within the assembly of OCDE countries.

  10. AN ADAPTATIVE EVOLUTIONARY MODEL OF FINANCIAL INVESTORS

    Directory of Open Access Journals (Sweden)

    Stanculescu Mircea

    2009-05-01

    Full Text Available The main purpose of the paper is to determine a general behavior of a multi-agent model capable of describing the process of deliberation of an investors group witch may repeatedly decide whether to buy or sell an asset. Each adaptive agent was modeled as

  11. Relationship Between Psychological Attitude of Investors and Their Investment Behavior: A Case Study on ISE Investors

    Directory of Open Access Journals (Sweden)

    Yusuf DEMİR

    2011-06-01

    Full Text Available In financial circles, one of the most discussed and interested topics is the forecastability of stock prices. Many of the studies aiming at determining stock market prices rest on the fact that investors make their decisions rationally based on facts and data. In this paper, we aim to investigate the behavior of individual investors in ISE based on published literature in behavioral finance area. We have found that some psychological prejudice in fact affects the behavior of individual investors. Unlike the conventional assumptions many investors make systematic mistakes and do not utilize rational answers even though it is known. Moreover, media, friends and similar environmental factors also affect the investors’ choices, and processes that turns into herd behavior creating abnormalities in the markets which in turn causes exceptionally high or low reactions

  12. NFP Investor Conference. Growth is back in sight.

    Science.gov (United States)

    Haugh, Richard

    2002-06-01

    In a whirlwind of high-stakes meetings in New York City in mid-May, two dozen of the nation's largest hospitals and health systems strutted their stuff with a single goal: securing their future. Their message was clear: back-to-basics works, and now it's time to grow the business. Executives from 23 providers outlined their work on increasing revenue, boosting margins and shoring up balance sheets. They presented their market positions, strategic initiatives and financial results for investment analysts, credit raters and bond traders. The third annual Non-Profit Healthcare Investor Conference was co-sponsored by the American Hospital Association, Health Forum, the Healthcare Financial Management Association and Salomon Smith Barney. The focus on growth doesn't come without challenges Several common themes emerged from the presentations, among them pressure on reimbursement, workforce shortages, liability insurance issues and capacity constraints. Yet executives agree: it all comes down to the basics, and building the strength to keep their missions alive. As Thomas Meier, vice president and treasurer of Oakland, Calif.-based Kaiser Permanente, put it: "No margin, no mission, no más."

  13. An Overview of SBIR Phase 2 Communications Technology and Development

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2015-01-01

    Technological innovation is the overall focus of NASA's Small Business Innovation Research (SBIR) program. The program invests in the development of innovative concepts and technologies to help NASA's mission directorates address critical research and development needs for agency projects. This report highlights innovative SBIR Phase II projects from 2007-2012 specifically addressing areas in Communications Technology and Development which is one of six core competencies at NASA Glenn Research Center. There are eighteen technologies featured with emphasis on a wide spectrum of applications such as with a security-enhanced autonomous network management, secure communications using on-demand single photons, cognitive software-defined radio, spacesuit audio systems, multiband photonic phased-array antenna, and much more. Each article in this booklet describes an innovation, technical objective, and highlights NASA commercial and industrial applications. This report serves as an opportunity for NASA personnel including engineers, researchers, and program managers to learn of NASA SBIR's capabilities that might be crosscutting into this technology area. As the result, it would cause collaborations and partnerships between the small companies and NASA Programs and Projects resulting in benefit to both SBIR companies and NASA.

  14. Relationship marketing's role in managing the firm-investor dyad

    NARCIS (Netherlands)

    Hoffmann, A.O.I.; Pennings, J.M.E.; Wies, S.

    2011-01-01

    This paper develops an interdisciplinary conceptual framework demonstrating the role of marketing in managing investor relationships. The framework illustrates how companies can turn investor relationships into market-based assets by analyzing and managing them from a relationship marketing and

  15. 76 FR 81793 - Net Worth Standard for Accredited Investors

    Science.gov (United States)

    2011-12-29

    ... of ``accredited investor'' in our Securities Act rules to exclude the value of a person's primary... amendments, exclusion of the value of the primary residence would reduce the investor's net worth by the same... Proposing Release, we believe that reducing an investor's net worth by the value of the primary residence...

  16. 76 FR 5307 - Net Worth Standard for Accredited Investors

    Science.gov (United States)

    2011-01-31

    ...) requires the definitions of ``accredited investor'' in our Securities Act rules to exclude the value of a... estimated fair market value of the property.''As so amended, the accredited investor net worth standards in...'' of the investor. How should the ``value of the primary residence'' be determined for purposes of...

  17. Essays on the social dimensions of investor behavior

    NARCIS (Netherlands)

    Hoffmann, Arvid Oskar Ivar

    2007-01-01

    Traditional finance theories assume that investors only evaluate risk and expected returns when making investment decisions. More recent behavioral finance theories, however, argue that for many investors there is more to investing than only evaluating risk and returns. Examples hereof are investors

  18. Pengaruh Perilaku Follower Investor pada Volatilitas Saham

    Directory of Open Access Journals (Sweden)

    Made Dewi Ayu Untari

    2017-02-01

    Full Text Available The purposes of this study are to obtain emperical evidence about the influence of followers investor’s behaviour to the stock volatility and analyze the difference offollowers investor’s betweenindustry sectors producing raw materials,manufacture industry and service industry in the Indonesia Stock Exchange (BEI, during the market crash happened in Indonesia. The population number are 507 companies, while the total sample of 247 companies. Sampling technique used purposive sampling. The analysis technique used was a cross-sectional absolute Deviation (CSADand test One Way ANOVA with Post Hoc Test and Least Significant Difference (LSD. Data shows that the behavior of follower investors has positive effect on the volatility of the current stock market crash occurs. Meanwhile, there was no difference in behavior between the follower investor industrial sectors producing raw materials, the manufacturing sector and the service sector when  the market crash.

  19. Utility of inflation accounting data to investors

    OpenAIRE

    Byrne, Marann

    1992-01-01

    The objective of financial reporting is to provide information about an entity which is useful to a wide range of users in making economic decisions. This study empirically investigates the utility of inflation accounting data to investors, by examining the ability of this data to explain the share prices of UK listed companies. Previous research supports a relation between historical cost accounting data and share prices from a conceptual and empirical perspective. Prior evidence from studie...

  20. Security Selection Factors: Novice Versus Experienced Investors

    OpenAIRE

    Steven Freund; Dev Prasad; Frank Andrews

    2013-01-01

    In this study, we examine the differences in the factors perceived to be significant in the security selection process between novice and experienced investors. We apply the direct inquiry approach to two distinct groups: One group is composed of students enrolled in traditional face-to-face introductory investments classes, while the other group consists of students enrolled in the online sections of the same course. The online students tend to be generally older part-time students with grea...

  1. Immorally obtained principal increases investors' risk preference.

    Directory of Open Access Journals (Sweden)

    Chuqian Chen

    Full Text Available Capital derived from immoral sources is increasingly circulated in today's financial markets. The moral associations of capital are important, although their impact on investment remains unknown. This research aims to explore the influence of principal source morality on investors' risk preferences. Three studies were conducted in this regard. Study 1 finds that investors are more risk-seeking when their principal is earned immorally (through lying, whereas their risk preferences do not change when they invest money earned from neutral sources after engaging in immoral behavior. Study 2 reveals that guilt fully mediates the relationship between principal source morality and investors' risk preferences. Studies 3a and 3b introduce a new immoral principal source and a new manipulation method to improve external validity. Guilt is shown to the decrease the subjective value of morally flawed principal, leading to higher risk preference. The findings show the influence of morality-related features of principal on people's investment behavior and further support mental account theory. The results also predict the potential threats of "grey principal" to market stability.

  2. Stock portfolio structure of individual investors infers future trading behavior.

    Science.gov (United States)

    Bohlin, Ludvig; Rosvall, Martin

    2014-01-01

    Although the understanding of and motivation behind individual trading behavior is an important puzzle in finance, little is known about the connection between an investor's portfolio structure and her trading behavior in practice. In this paper, we investigate the relation between what stocks investors hold, and what stocks they buy, and show that investors with similar portfolio structures to a great extent trade in a similar way. With data from the central register of shareholdings in Sweden, we model the market in a similarity network, by considering investors as nodes, connected with links representing portfolio similarity. From the network, we find investor groups that not only identify different investment strategies, but also represent individual investors trading in a similar way. These findings suggest that the stock portfolios of investors hold meaningful information, which could be used to earn a better understanding of stock market dynamics.

  3. Stock Portfolio Structure of Individual Investors Infers Future Trading Behavior

    Science.gov (United States)

    Bohlin, Ludvig; Rosvall, Martin

    2014-01-01

    Although the understanding of and motivation behind individual trading behavior is an important puzzle in finance, little is known about the connection between an investor's portfolio structure and her trading behavior in practice. In this paper, we investigate the relation between what stocks investors hold, and what stocks they buy, and show that investors with similar portfolio structures to a great extent trade in a similar way. With data from the central register of shareholdings in Sweden, we model the market in a similarity network, by considering investors as nodes, connected with links representing portfolio similarity. From the network, we find investor groups that not only identify different investment strategies, but also represent individual investors trading in a similar way. These findings suggest that the stock portfolios of investors hold meaningful information, which could be used to earn a better understanding of stock market dynamics. PMID:25068302

  4. LLW Forum meeting report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-08-01

    This report summarizes the Low-Level Radioactive Waste Forum (LLW Forum) meeting on May 29 through May 31, 1996.The LLW Forum is an association of state and compact representatives, appointed by governors and compact commissions, established to facilitate state and compact implementation of the Low-Level Waste Policy Act of 1980 and the Low-Level Radioactive Waste Policy Amendments Act of 1985 and to promote the objectives of low-level radioactive waste regional compacts. The LLW forum provides an opportunity for state and compact officials to share information with one another and to exchange views with officials of federal agencies and other interested parties.

  5. Relating group size and posting activity of an online community of financial investors: Regularities and seasonal patterns

    Science.gov (United States)

    Racca, P.; Casarin, R.; Dondio, P.; Squazzoni, F.

    2018-03-01

    Group size can potentially affect collective activity and individual propensity to contribute to collective goods. Mancur Olson, in his Logic of Collective Action, argued that individual contribution to a collective good tends to be lower in groups of large size. Today, online communication platforms represent an interesting ground to study such collaborative dynamics under possibly different conditions (e.g., lower costs related to gather and share information). This paper examines the relationship between group size and activity in an online financial forum, where users invest time in sharing news, analysis and comments with other investors. We looked at about 24 million messages shared in more than ten years in the finanzaonline.com online forum. We found that the relationship between the number of active users and the number of posts shared by those users is of the power type (with exponent α > 1) and is subject to periodic fluctuations, mostly driven by hour-of-the-day and day-of-the-week effects. The daily patterns of the exponent showed a divergence between working week and weekend days. In general, the exponent was lower before noon, where investors are typically interested in market news, higher in the late afternoon, where markets are closing and investors need better understanding of the situation. Further research is needed, especially at the micro level, to dissect the mechanisms behind these regularities.

  6. Truck industry forum material.

    Science.gov (United States)

    2017-03-01

    The following PowerPoint presentation is the draft version of the presentation that would be used for : the upcoming half-day Infrastructure-Friendlier Trucks Forum tentatively scheduled for Friday, : March 13, 2015. This forum presented a project st...

  7. Democracy today: investor's sovereignty or civic representation?

    Directory of Open Access Journals (Sweden)

    Lutz Wingert

    2015-07-01

    Full Text Available In many Western democracies, governments, courts and parties in Parliament operate in two opposite ways: (1 On the one hand, they behave cooperatively with powerful investors and associations. (2 On the other hand, they act through authoritarian decrees over citizens lacking such power. The emission of citizen voices thus becomes its remission. Civic representation is necessary for a real (true democracy. This representation updates the voices of citizens and the ingredients of the common good. But, what specifically does this representation mean and what does it require?

  8. Interest and Inflation Risk: Investor Behavior.

    Science.gov (United States)

    González, María de la O; Jareño, Francisco; Skinner, Frank S

    2016-01-01

    We examine investor behavior under interest and inflation risk in different scenarios. To that end, we analyze the relation between stock returns and unexpected changes in nominal and real interest rates and inflation for the US stock market. This relation is examined in detail by breaking the results down from the US stock market level to sector, sub-sector, and to individual industries as the ability of different industries to absorb unexpected changes in interest rates and inflation can vary by industry and by contraction and expansion sub-periods. While most significant relations are conventionally negative, some are consistently positive. This suggests some relevant implications on investor behavior. Thus, investments in industries with this positive relation can form a safe haven from unexpected changes in real and nominal interest rates. Gold has an insignificant beta during recessionary conditions hinting that Gold can be a safe haven during recessions. However, Gold also has a consistent negative relation to unexpected changes in inflation thereby damaging the claim that Gold is a hedge against inflation.

  9. Czech Mate: Expropriation and Investor Protection in a Converging World

    OpenAIRE

    Mihir A. Desai; Alberto Moel

    2008-01-01

    This paper examines the expropriation of a foreign investor by a local partner and the subsequent resolution of the case through international arbitration in favor of the investor. Despite the investor's 99% interest in the joint venture, the local partner managed to divert the entire value of the underlying entity for his personal benefit. This clinical examination of an expropriation and its aftermath illustrates the interaction of property and contract rights in a global setting, how corpo...

  10. Value of analysts’ consensus recommendations and investor sentiment

    OpenAIRE

    Corredor Casado, María Pilar; Ferrer Zubiate, Elena; Santamaría Aquilué, Rafael

    2013-01-01

    This is an accepted manuscript of an article published by Taylor & Francis in Journal of Behavioral Finance on July 2013, available online: http://dx.doi.org/10.1080/15427560.2013.819805 This paper studies the effect of investor sentiment on analysts' consensus recommendations. Our results show that the optimistic bias of analysts in the issuing of recommendations is affected by investor sentiment: the greater the investor sentiment, the more optimistically biased the analysts’ consensus r...

  11. Weather-Induced Mood, Institutional Investors, and Stock Returns

    OpenAIRE

    William N. Goetzmann; Dasol Kim; Alok Kumar; Qin Wang

    2015-01-01

    This study shows that weather-based indicators of mood impact perceptions of mispricing and trading decisions of institutional investors. Using survey and disaggregated trade data, we show that relatively cloudier days increase perceived overpricing in individual stocks and the Dow Jones Industrial Index and increase selling propensities of institutions. We introduce stock-level measures of investor mood; investor optimism positively impacts stock returns among stocks with higher arbitrage co...

  12. Financial statistics of selected investor-owned electric utilities, 1989

    Energy Technology Data Exchange (ETDEWEB)

    1991-01-01

    The Financial Statistics of Selected Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide the Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues.

  13. Personality and the information seeking efforts of potential investors

    OpenAIRE

    Smith, Charles Michael

    2007-01-01

    Whether or not Americans feel they have sufficient information or knowledge to make mutual fund investing decisions, more and more investors are forced to make these choices if they wish to invest for future goals like retirement. The problem for policymakers is deciding how to provide information on mutual funds that is both useful and used by potential investors. The purpose of this study was to test the relationship between an investor's personality and the effort exhibited by a p...

  14. THE EFFECT OF INVESTOR SENTIMENT ON ISE SECTOR INDICES

    Directory of Open Access Journals (Sweden)

    SERPİL CANBAŞ

    2013-06-01

    Full Text Available Determining the factors that affect stock returns is one of the most investigated topics of the finance literature. A number of models have been developed to explain stock returns. Some of these models maintain that stock returns are generated rationally. These models are, Capital Asset Pricing Model, Index Models, Arbitrage Pricing Model and Macroeconomic Factor Models. Nevertheless, these models could not have explained stock returns, although they have used different parameters and methods. Some studies have maintained that investor psychology would have a role in the stock return generation process. There are three theories that investigate the effect of investor psychology on financial markets: Mental accounting theory, herd behavior theory and investor sentiment theory. The aim of this study is to investigate the effect of investor sentiment on stock returns. In this context, three investor sentiment proxies have been determined in the light of previous studies. These proxies are closed-end fund discount, average fund flow of mutual funds and the ratio of net stock purchases of foreign investors to ISE market capitalization. ISE sector indices are used to proxy stock returns. On the other hand, there is a possibility that investor sentiment would merely reflect economic innovations. Some economic factors are used as control variables in order to examine this possibility. Regression analyses are employed for investigating the effect of investor sentiment on stock returns. Findings suggest that investor sentiment affect stock returns systematically. This finding keeps its robustness when economic variables are added to the model.

  15. Relationship marketing's role in managing the firm–investor dyad

    National Research Council Canada - National Science Library

    Hoffmann, Arvid O.I; Pennings, Joost M.E; Wies, Simone

    2011-01-01

    .... Marketing can contribute to investor relationship management and increase shareholder value by lowering the cost of equity capital, increasing analyst coverage and stock liquidity, and reducing shareholder activism...

  16. NHS Future Forum

    Science.gov (United States)

    2012-01-01

    Professor Steve Field led the Future Forum listening exercise during the pause in the progress of the Health and Social Care bill earlier this year. The Forum made a number of recommendations which led to significant amendments to the bill. Following this successful method of engagement, the Prime Minister David Cameron asked Professor Field to lead a second phase of the Forum looking at four new workstreams. The conclusions from three of the workstreams will inform the development of specific pieces of government policy, and in the case of the integration workstream consider wider issues about joined up care. PMID:26265942

  17. Engineering Forum Strategic Plan

    Science.gov (United States)

    This Strategic Plan highlights the purpose, mission, goals, and objectives of the U.S. Environmental Protection Agency (EPA) Engineering Forum (EF). It sets forth the principles that guide the EF's decision-making, helps clarify the EF's priorities, and...

  18. Obstetrics and Gynaecology Forum

    African Journals Online (AJOL)

    Obstetrics and Gynaecology Forum. Journal Home · ABOUT THIS JOURNAL · Advanced Search · Current Issue · Archives · Journal Home > Vol 18, No 2 (2008) >. Log in or Register to get access to full text downloads.

  19. Obstetrics and Gynaecology Forum

    African Journals Online (AJOL)

    Obstetrics and Gynaecology Forum. Journal Home · ABOUT THIS JOURNAL · Advanced Search · Current Issue · Archives · Journal Home > Vol 18, No 1 (2008) >. Log in or Register to get access to full text downloads.

  20. Forum on Organizing

    Science.gov (United States)

    Heller, Janet Ruth; Jenkins, Trish; Mechenbier, Mahli Xuan; Moeller, Marie

    2011-01-01

    The forum contributors draw on their personal experiences and insights to put forth ideas about how contingent faculty might improve their working conditions through various kinds of alliances. (Contains 1 note.)

  1. SBIR Advanced Technologies in Aviation and Air Transportation System 2016

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.; Kaszeta, Richard W.; Gold, Calman; Corke, Thomas C.; McGowan, Ryan; Matlis, Eric; Eichenlaub, Jesse; Davis, Joshua T.; Shah, Parthiv N.

    2017-01-01

    This report is intended to provide a broad knowledge of various topics associated with NASA's Aeronautics Research Mission Directorate (ARMD), with particular interest on the NASA SBIR contracts awarded from 2011-2012 executed by small companies. The content of this report focuses on the high-quality, cutting-edge research that will lead to revolutionary concepts, technologies, and capabilities that enable radical change to both the airspace system and the aircraft that fly within it, facilitating a safer, more environmentally friendly, and more efficient air transportation system.

  2. Are investors rational, irrational or normal?

    Directory of Open Access Journals (Sweden)

    Md Al Mamun

    2015-08-01

    Full Text Available The nature of investor’s rationality vs. irrationality debate drawn attention of thousands of academic papers, hundreds of conferences, roundtables discussion leading to two ends: the classical theorist i.e. the proponents of efficient market hypothesis (EMH and the behaviorist. From Fisher’s (1906 Nature of Capital & Income to Ross (1977; investor’s rationality has been considered as the principal assumption in the development of theoretical finance. Unfortunately though, various studies have shown repeated form of investor’s irrationality and incompetence in their decision process. Even the very proponents of EMH, Fama (1965 has later on in 1993 advocated the lack of market efficiency! Indeed the story of black Monday in the USA to the global financial tsunami (2007-2012 has put the proponents of EMH into the cluelessness. While, the behaviorists argument that the financial markets can be best understood by studying the psychology is also subject to criticism that there will be no existence of standard models to study agent’s behavior in the market! Therefore, this study aims at finding out the true scenarios of investor’s behavior by working on 200 individual investors in Dhaka Stock Exchange (DSE. Investors’ response to different questions relating to fundamental assumption of “rationality’ or ‘presence of irrationality." The result shows a complete absence of the assumption of rationality or irrationality in number of critical issues. Therefore, the idea of EMH or mere psychologically driven behavioral finance should become less acknowledgeable in understanding the agents of financial market i.e. the investors. Rather a combination of these two may give more insight in understanding the investor’s behavior in the financial market.

  3. Perlindungan Hukum Bagi Investor Dalam Pasar Modal

    Directory of Open Access Journals (Sweden)

    Hilda Hilmiah Dimyati

    2015-05-01

    Full Text Available Abstract: Legal Protection for Investors in the Capital Market. Supervision in the financial services industry capital markets experienced a change of control by Bapepam-LK be supervised by the Financial Services Authority. Institutionally, Bapepam-LK is responsible to the Minister of Finance, as Bapepam-LK is under the auspices of the Ministry of Finance, while the Financial Services Authority is responsible to Parliament or the public. Crucial aspect on which the formation of the FSA is not maximum protection of the interests of consumers of financial services. In accordance with the problems that occur as above, the authors feel the need to examine the legal protection in the capital market. This writing will also examine the parties are entitled to legal protection based on Law No. 8 of 1995 and the Capital Market Law No. 21 of 2011 on the Financial Services Authority. Abstrak: Perlindungan Hukum Bagi Investor Dalam Pasar Modal. Pengawasan di bidang industri jasa keuangan pasar modal mengalami perubahan dari pengawasan yang dilakukan oleh Bapepam-LK menjadi diawasi oleh Otoritas Jasa Keuangan. Secara kelembagaan, Bapepam-LK bertanggung jawab kepada Menteri Keuangan, karena Bapepam-LK berada di bawah naungan Kementrian Keuangan, sedangkan Otoritas Jasa Keuangan bertanggung jawab kepada Dewan Perwakilan Rakyat atau masyarakat. Aspek krusial yang menjadi dasar pembentukan OJK adalah tidak maksimalnya perlindungan kepentingan konsumen jasa keuangan. Sesuai dengan permasalahan yang terjadi seperti diatas, maka penulis merasa perlu untuk meneliti tentang perlindungan hukum di pasar modal. Penulisan ini juga akan meneliti para pihak yang berhak atas perlindungan hukum berdasarkan pada Undang-Undang Nomor 8 Tahun 1995 Tentang Pasar Modal dan Undang-Undang Nomor 21 Tahun 2011 Tentang Otoritas Jasa Keuangan. DOI: 10.15408/jch.v1i2.1473

  4. 48 CFR 227.7104 - Contracts under the Small Business Innovation Research (SBIR) Program.

    Science.gov (United States)

    2010-10-01

    ... PATENTS, DATA, AND COPYRIGHTS Rights in Technical Data 227.7104 Contracts under the Small Business... Data and Computer Software—Small Business Innovation Research (SBIR) Program, when technical data or computer software will be generated during performance of contracts under the SBIR program. (b) Under the...

  5. Investor perceptions of potential IFRS adoption in the United States

    NARCIS (Netherlands)

    Leung, P.Y.E.; Joos, P.P.M.

    2013-01-01

    This paper examines the stock market reaction to 15 events relating to IFRS adoption in the United States. The goal is to assess whether investors perceive the switch to IFRS as beneficial or costly. Our findings suggest that investors' reaction to IFRS adoption is more positive in cases where IFRS

  6. Access to rural banking credit by agribusiness investors in Ahiazu ...

    African Journals Online (AJOL)

    This paper examines access to rural banking credit by agribusiness investors and issues for policies in Ahiazu Mbaise local government area of Imo state. The work is important because the existence of limited access of agribusiness investors to formal rural banking credit and extension services is provided by extension ...

  7. The dynamics of stock price and determination of investor's cash ...

    African Journals Online (AJOL)

    We consider the dynamics of share price, that is, upward and downward movement of share price at time t. We made use of binomial derivative pricing process of stochastic processes. Our aim is to also determine investor's cash flows valuation generated from the investment. The investor invested her short position into N ...

  8. The dynamics of stock price and determination of investor's cash ...

    African Journals Online (AJOL)

    The firms in turn invest the short position of the investor into the stock and bond markets in order to hedge out the risks associated with the investor's portfolio. We determine the value of the cash flows at time, t = 0 by finding the value of the discounted cash flows using a suitable discount rate. We assume that the discount ...

  9. Investor Attrition and Fund Flows in Mutual Funds

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Xu, Haoyu

    2017-01-01

    We explore the properties of equity mutual funds that experience a loss of assets after poor performance. We document that both inflows and outflows are less sensitive to performance, because performance-sensitive investors leave or decide not to invest after bad performance. Consistent......–performance sensitivity when attrition arises after good performance or investors invest for nonperformance reasons....

  10. Investors Assessment of the Credibility of Management Disclosures ...

    African Journals Online (AJOL)

    The objective of this study, is to examine the issue of the assessment of the credibility of management disclosures about a company from the perspective of the investors. It presents the results from a questionnaire survey of a sample of financial Analysts, accountants and other investor. The data were analyzed using the one ...

  11. The 14. forum; Le 14. forum

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2001-09-01

    This Paris Forum is held at Hotel Meridien Etoile (81, Bd Gouvion St Cyr) from Wednesday 26 to Friday 28 September on the theme: LP Gas, a Clean Energy for Urban and Rural Use Worldwide. The exhibition opens its gates on 26 September at 1 PM. Work begins the same day at 2 PM with the Autogas seminar organised by GAIN. The conference starts on Thursday 27, at 8.45 AM for four sessions and some 30 papers, a workshop and the intervention of two keynote speakers. (authors)

  12. REDD+: Ready to engage private investors?

    Energy Technology Data Exchange (ETDEWEB)

    Nhantumbo, Isilda

    2011-11-15

    The prospect of gaining carbon credits by acquiring land to implement REDD+ has caught the eye of the private sector. In many countries, including Papua New Guinea and Republic of Congo, there are reports of a carbon rush. In Mozambique, private investors have expressed an interest in acquiring more than 22 per cent of the country's land — an area that is larger than the 16 per cent of protected areas and that covers 42 per cent of forests — for REDD+. But Mozambique, like many developing countries, is still in the early stages of preparing a REDD+ strategy. Stakeholder consultations are ongoing and the country's REDD+ Working Group is still assessing social, technical and institutional capacities available to deliver REDD+ in a way that helps reduce emissions while also serving environment and social development needs. Encouraging private sector involvement before the country has the right policies and institutions in place to safeguard local environments and people risks undermining the potential of REDD+ for sustainable development.

  13. CEO Overconfidence, Leadership Ethics, and Institutional Investors

    Directory of Open Access Journals (Sweden)

    Joohee Park

    2016-12-01

    Full Text Available This paper explores the influence of institutional investors’ external monitoring on CEOs’ overconfidence. We particularly examine institutional monitoring’s influence on overinvestments by overconfident CEOs and the likelihood of appointing these overconfident CEOs to firms. The results indicate that firms with overconfident CEOs have more overinvestment, as the CEOs tend to be overly optimistic about investment opportunities and are more likely to act on them. The findings, more importantly, show that institutional monitoring mechanisms attenuate overconfident CEOs’ overinvestment. However, we find that institutional monitoring is only significant when long-term and/or large institutional investors hold the firms’ shares. We also discover that investors’ institutional monitoring not only actively reduces a CEO’s overinvestments, but also negatively influences the appointment of overconfident CEOs. Overall, our study provides insights into institutional monitoring’s role in corporate governance as an effective means of preventing value-destroying behaviors by an overconfident leader and cultivating an ethical business philosophy.

  14. A threshold model of investor psychology

    Science.gov (United States)

    Cross, Rod; Grinfeld, Michael; Lamba, Harbir; Seaman, Tim

    2005-08-01

    We introduce a class of agent-based market models founded upon simple descriptions of investor psychology. Agents are subject to various psychological tensions induced by market conditions and endowed with a minimal ‘personality’. This personality consists of a threshold level for each of the tensions being modeled, and the agent reacts whenever a tension threshold is reached. This paper considers an elementary model including just two such tensions. The first is ‘cowardice’, which is the stress caused by remaining in a minority position with respect to overall market sentiment and leads to herding-type behavior. The second is ‘inaction’, which is the increasing desire to act or re-evaluate one's investment position. There is no inductive learning by agents and they are only coupled via the global market price and overall market sentiment. Even incorporating just these two psychological tensions, important stylized facts of real market data, including fat-tails, excess kurtosis, uncorrelated price returns and clustered volatility over the timescale of a few days are reproduced. By then introducing an additional parameter that amplifies the effect of externally generated market noise during times of extreme market sentiment, long-time volatility correlations can also be recovered.

  15. The Accelerator Reliability Forum

    CERN Document Server

    Lüdeke, Andreas; Giachino, R

    2014-01-01

    A high reliability is a very important goal for most particle accelerators. The biennial Accelerator Reliability Workshop covers topics related to the design and operation of particle accelerators with a high reliability. In order to optimize the over-all reliability of an accelerator one needs to gather information on the reliability of many different subsystems. While a biennial workshop can serve as a platform for the exchange of such information, the authors aimed to provide a further channel to allow for a more timely communication: the Particle Accelerator Reliability Forum [1]. This contribution will describe the forum and advertise it’s usage in the community.

  16. Forum on Environmental Measurements (FEM)

    Science.gov (United States)

    The 2003 document Forum on Environmental Measurements (FEM or Forum) is established by the Agency's Science and Technology Policy Council (STPC) to promote consistency and consensus within EPA on measurement, monitoring, and laboratory science issues

  17. Water Finance Webinars and Forums

    Science.gov (United States)

    The Center hosts a series of water finance forums. These forums bring together communities with drinking water, wastewater, and stormwater project financing needs in an interactive peer-to-peer networking format.

  18. Water Finance Forum - New Jersey

    Science.gov (United States)

    Presentations and materials from the Regional Finance Forum, Financing Resilient and Sustainable Water Infrastructure, held in Iselin, New Jersey, on December 2, 2015. The forum was co-sponsored by EPA's Water Infrastructure and Resiliency Finance Center,

  19. EUROSAFE forum 2016

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2016-07-01

    The proceedings of the Eurosafe forum 2016 includes contributions to the following issues: Seminar 1: nuclear installation safety - assessment; Seminar 2: Nuclear installation safety - research; Seminar 3: Waste management and decommissioning - dismantling; Seminar 4: radiation protection, environment and emergency preparedness; Seminar 5: security of nuclear installations and materials.

  20. Forum; Het ideale vrijetijdslandschap

    NARCIS (Netherlands)

    Peters, K.B.M.; Embregts, M.

    2009-01-01

    Het Kenniscentrum Recreatie is in 2009 gestart met een debat getiteld 'Het ideale vrijetijdslandschap'. Doel van dit debat is inzicht te krijgen in zowel de wensen als de realisatie van het ideale Nederlandse vrijetijdslandschap. In dit Forum wordt aandacht besteedt aan dit debat. De eerste bijdrage

  1. Forestry: Forum summary

    Science.gov (United States)

    Whitmore, R.

    1981-01-01

    A synopsis of a forum addressing the use of LANDSAT data in forestry is given. Broad inventory studies, clear-cut monitoring, and insect and disease detection were among the subject areas discussed. Concerns regarding the vailability of data, cloud cover, resolution and classification accuracy, and product format were expressed by foresters.

  2. 2012 National Leadership Forum

    Science.gov (United States)

    Magnuson, Peter

    2012-01-01

    Two key themes emerged from the 2012 National Leadership Forum: Taking Business to School, which was hosted by the Career and Technical Education Foundation at the end of May. The first was that employers are looking for a workforce that is technologically savvy while having leadership and employability skills. The second is that the business…

  3. Wallenbergide Investor jätkab kasvustrateegiat / Olev Mait Makk

    Index Scriptorium Estoniae

    Makk, Olev Mait

    2001-01-01

    Wallenbergide kontrollitavast Rootsi investeerimisfirmast Investor, mille omanduses olevad firmad moodustavad kokku Euroopa suurima tööandja erasektoris. Investori gruppi kuuluvast ettevõttest SEB. Tabel: Investori portfellis olevad aktsiad; investori teenused tütarettevõtetele

  4. Analysis of Ineffectiveness Arising in “Investor-government” Relations

    National Research Council Canada - National Science Library

    Dmytro B. Sokolovskyi; Olena V. Sokolovska

    2015-01-01

    Purpose: This article deals with the problem of forming Pareto non-optimal norms of mutual behavior of investors and government in the process of decision-making related to financing designed to reduce risks...

  5. Climate finance, climate investors and assets for low emission development

    OpenAIRE

    Collins C Ngwakwe

    2015-01-01

    This research examines the relationship between climate finance, growth in climate investors and growth in climate assets for low emission development. It also evaluates the effect of climate policy evolution on the growth of climate investors and climate assets. Adopting a positivist paradigm, the paper makes use of a quantitative research approach and applies the causal and correlational research design. The paper made use of secondary data from the World Bank Carbon Finance Unit and from t...

  6. Forecasting Returns with Fundamentals-Removed Investor Sentiment

    Directory of Open Access Journals (Sweden)

    Adam Stivers

    2015-07-01

    Full Text Available The Baker and Wurgler (2006 sentiment index purports to measure irrational investor sentiment, while the University of Michigan Consumer Sentiment Index is designed to largely reflect fundamentals. Removing this fundamental component from the Baker and Wurgler index creates an index of investor sentiment that may better capture irrational sentiment. This new index predicts returns better than the original Baker and Wurgler index as well as the alternative Baker and Wurgler sentiment index.

  7. Hyper-Hyponymic Relations in Terminology Expressing Investor Relations

    Directory of Open Access Journals (Sweden)

    Татьяна Аполинарьевна Сарангова

    2015-12-01

    Full Text Available The study described in this paper is a novel approach in the research of “Investor Relations”. The article draws attention to the phrase “Investor Relations” in Russian and English languages and carries out a comparative analysis of hyper-hyponymic relations with reference to nomination of people associated with Investor Relations. The main methods of research are component and definitional analyses, narrative and semantic-logical method. The research defines the term “Investor Relations”, and analyzes related terms from modern Russian and English such as: investor , analyst , shareholder , director , broker , manager. A comparative analysis of this thematic group reveals the distinctive characteristics of hyper-hyponymic relations of IR terminology. This analysis shows common features in the structural organization of this thematic group and the logical coherence of terminology. These findings are valuable not only for linguists, but also specialists in investor relations, employees of financial and investment companies and banks. It aims to promote more efficient communication in professional and business relationships.

  8. Internet Forums for Suicide Bereavement.

    Science.gov (United States)

    Bailey, Eleanor; Krysinska, Karolina; O'Dea, Bridianne; Robinson, Jo

    2017-08-10

    Bereavement by suicide is associated with a number of consequences including poor mental health outcomes and increased suicide risk. Despite this, the bereaved by suicide may be reluctant to seek help from friends, family, and professionals. Internet forums and social networking sites are a popular avenue of support for the bereaved, but to date there is a lack of research into their use and efficacy. To survey users of suicide bereavement Internet forums and Facebook groups regarding their help-seeking behaviors, use of forums, and perceived benefits and limitations of such use. This study employed a cross-sectional design in which users of suicide bereavement Internet forums and Facebook groups completed an anonymous online survey. Participants were 222 users of suicide bereavement Internet forums. Most participants (93.2%) had sought face-to-face help from sources other than Internet forums, but were more likely to seek help in the near future from informal rather than formal sources. Forums were perceived as highly beneficial and there were few limitations. The generalizability of these results to other internet forums may be limited. Additionally, we were not able to examine differences between forums in terms of quality or user-reported efficacy. Finally, the data reflects the subjective views of forum users, which may differ from the views of moderators or experts. Internet forums, including Facebook groups, appear to be a useful adjunct to face-to-face help-seeking for supporting those who have been bereaved by suicide.

  9. 77 FR 63410 - SBIR/STTR Phase I to Phase II Transition Benchmarks

    Science.gov (United States)

    2012-10-16

    .... ACTION: Notice of Small Business Innovation Research and Small Business Technology Transfer Programs... publishing the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR... From the Federal Register Online via the Government Publishing Office SMALL BUSINESS...

  10. A Report on the Navy SBIR Program: Best Practices, Roadblocks and Recommendations for Technology Transition

    National Research Council Canada - National Science Library

    Bland, Erin; Busch, Dan; Clark, Al

    2008-01-01

    Over the past few years the Armed Services Committees have shown an increased interest in the DoD doing as much as possible to transition SBIR developed technologies into products or services that support the warfighter...

  11. Defense Contractors SBIR/STTR Partnering Manual: A Primer on Technology Risk Management and Partnering Strategies

    National Research Council Canada - National Science Library

    Williams, John R

    2008-01-01

    As the world looks increasingly to technology innovation to meet the challenges of defense, security, disaster relief and increased health, many in industry have come to identify this nation's SBIR...

  12. An Overview of 2014 SBIR Phase I and Phase II Materials Structures for Extreme Environments

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.; Morris, Jessica R.

    2015-01-01

    NASA's Small Business Innovation Research (SBIR) program focuses on technological innovation by investing in development of innovative concepts and technologies to help NASA mission directorates address critical research needs for Agency programs. This report highlights nine of the innovative SBIR 2014 Phase I and Phase II projects that emphasize one of NASA Glenn Research Center's six core competencies-Materials and Structures for Extreme Environments. The technologies cover a wide spectrum of applications such as high temperature environmental barrier coating systems, deployable space structures, solid oxide fuel cells, and self-lubricating hard coatings for extreme temperatures. Each featured technology describes an innovation, technical objective, and highlights NASA commercial and industrial applications. This report provides an opportunity for NASA engineers, researchers, and program managers to learn how NASA SBIR technologies could help their programs and projects, and lead to collaborations and partnerships between the small SBIR companies and NASA that would benefit both.

  13. Contract Funding Opportunities Available for Innovative SBIR Development | Office of Cancer Clinical Proteomics Research

    Science.gov (United States)

    Does your small business need early-stage financing to take its cancer research to the next level? The National Cancer Institute Small Business Innovation Research (NCI SBIR) Development Center has released $5 million for new contract funding opportunities to support cancer research and technology development in key emerging areas of need. The NCI SBIR can help you finance and advance innovations in cancer prevention, diagnosis, treatment, and basic research.

  14. The familiar versus the unfamiliar: Familiarity bias amongst individual investors

    Directory of Open Access Journals (Sweden)

    Annalien De Vries

    2017-01-01

    Full Text Available Purpose: The purpose of this study was to investigate the existence of familiarity bias amongst individual investors in the South African stock market. Problem investigated: According to Warren Buffet, one needs to maintain emotional detachment if one wants to be a successful investor. However, recent research indicates that the perceptions of companies’ products and brands may influence individuals’ investment decisions in the stock market. This phenomenon implies that the investment decisions of individual investors are not purely based on firm fundamentals as suggested by traditional finance theories, but might be driven partly by the positive or negative attitude they have towards certain companies’ products and brands. The existence of familiarity bias amongst individual investors was investigated to determine if individuals prefer to invest in companies they are familiar with as opposed to unfamiliar companies. Methodology: A quantitative approach was followed. An online survey was used to show images of familiar and unfamiliar company brands to respondents, whereafter respondents were asked to indicate whether they will invest in the shares of the identified companies. The statistical analysis entailed descriptive statistics as well as one-way analyses of variance to test the stated hypotheses. Main findings: The results of this exploratory study indicate that investors do exhibit familiarity bias when choosing between different companies to invest in. Value of the research: The inclination of individual investors to invest in familiar corporate brands can have implications for the marketing industry, financial markets, the performance of companies as well as the investment performance of individual investors in the sense that it would seem that company brands could have an influence on investment decisions.

  15. Forum Discos y Libros

    OpenAIRE

    2010-01-01

    En este documento se encuentra el caso de la compañía Forum Discos y Libros. El aumento de la piratería y los dinámicos avances tecnológicos, impulsan a los empresarios del sector musical y librero a realizar cambios continuos en sus modelos de negocio y diversificar su portafolio de productos y/o servicios.

  16. Quantifying the effect of investors' attention on stock market.

    Science.gov (United States)

    Yang, Zhen-Hua; Liu, Jian-Guo; Yu, Chang-Rui; Han, Jing-Ti

    2017-01-01

    The investors' attention has been extensively used to predict the stock market. Different from existing proxies of the investors' attention, such as the Google trends, Baidu index (BI), we argue the collective attention from the stock trading platforms could reflect the investors' attention more closely. By calculated the increments of the attention volume for each stock (IAVS) from the stock trading platforms, we investigate the effect of investors' attention measured by the IAVS on the movement of the stock market. The experimental results for Chinese Securities Index 100 (CSI100) show that the BI is significantly correlated with the returns of CSI100 at 1% significance level only in 2014. However, it should be emphasized that the correlation of the new proposed measure, namely IAVS, is significantly at 1% significance level in 2014 and 2015. It shows that the effect of the measure IAVS on the movement of the stock market is more stable and significant than BI. This study yields important invest implications and better understanding of collective investors' attention.

  17. Estimating investor preferences towards portfolio return distribution in investment funds

    Directory of Open Access Journals (Sweden)

    Margareta Gardijan

    2015-03-01

    Full Text Available Recent research in the field of investor preference has emphasised the need to go beyond just simply analyzing the first two moments of a portfolio return distribution used in a MV (mean-variance paradigm. The suggestion is to observe an investor's utility function as an nth order Taylor approximation. In such terms, the assumption is that investors prefer greater values of odd and smaller values of even moments. In order to investigate the preferences of Croatian investment funds, an analysis of the moments of their return distribution is conducted. The sample contains data on monthly returns of 30 investment funds in Croatia for the period from January 1999 to May 2014. Using the theoretical utility functions (DARA, CARA, CRRA, we compare changes in their preferences when higher moments are included. Moreover, we investigate an extension of the CAPM model in order to find out whether including higher moments can explain better the relationship between the awards and risk premium, and whether we can apply these findings to estimate preferences of Croatian institutional investors. The results indicate that Croatian institutional investors do not seek compensation for bearing greater market risk.

  18. Visual Analysis of MOOC Forums with iForum.

    Science.gov (United States)

    Fu, Siwei; Zhao, Jian; Cui, Weiwei; Qu, Huamin

    2017-01-01

    Discussion forums of Massive Open Online Courses (MOOC) provide great opportunities for students to interact with instructional staff as well as other students. Exploration of MOOC forum data can offer valuable insights for these staff to enhance the course and prepare the next release. However, it is challenging due to the large, complicated, and heterogeneous nature of relevant datasets, which contain multiple dynamically interacting objects such as users, posts, and threads, each one including multiple attributes. In this paper, we present a design study for developing an interactive visual analytics system, called iForum, that allows for effectively discovering and understanding temporal patterns in MOOC forums. The design study was conducted with three domain experts in an iterative manner over one year, including a MOOC instructor and two official teaching assistants. iForum offers a set of novel visualization designs for presenting the three interleaving aspects of MOOC forums (i.e., posts, users, and threads) at three different scales. To demonstrate the effectiveness and usefulness of iForum, we describe a case study involving field experts, in which they use iForum to investigate real MOOC forum data for a course on JAVA programming.

  19. 76 FR 17658 - National Forum for State and Territorial Chief Executives (National Forum) Program Cooperative...

    Science.gov (United States)

    2011-03-30

    ... HUMAN SERVICES Health Resources and Services Administration National Forum for State and Territorial Chief Executives (National Forum) Program Cooperative Agreement AGENCY: Health Resources and Services... Forum for State and Territorial Chief Executives (National Forum) Program Cooperative Agreement. SUMMARY...

  20. Investor acceptance of wind energy in Switzerland - Final report

    Energy Technology Data Exchange (ETDEWEB)

    Buerer, M. J.

    2009-10-15

    This report for the Swiss Federal Office of Energy (SFOE) presents the views of 17 developers and investors in Switzerland which were collected during two sets of interviews - one in autumn 2008 with 13 developers and investors and one in the first half of 2009 with 15 developers and investors. According to the authors, this report does not present the opinion of specialists, but is rather a compilation and synthesis of the remarks made by several industry practitioners who were interviewed. The authors state that this report covers opinions, not facts. The effects of the financial crisis on wind energy are commented on and strategies that can increase the potential for success are reviewed. Basic recommendations concerning wind energy are made for Swiss policy makers.

  1. Building capability through networking with investors and researchers

    DEFF Research Database (Denmark)

    Wang, Daojuan; Schøtt, Thomas

    -creation is embedded in the network around the starting entrepreneur, we expect. Co-creation benefits from networking with potential investors and with researchers and inventors, we hypothesize, and especially by networking with both investors and researchers concurrently. Co-creation is analyzed in a sample...... of startups at inception, by 9,161 entrepreneurs, surveyed in Global Entrepreneurship Monitor in 49 countries. Co-creation is found to be reduced by the entrepreneur’s networking in the private sphere of family and friends, but to be benefiting from networking in the public sphere, especially by networking...... with investors and researchers simultaneously. The findings contribute to understanding capability building as embedded in networks around the startup....

  2. Perlakuan Akuntansi Sumber Daya Manusia: Assets Sekaligus Investor Bagi Perusahaan

    Directory of Open Access Journals (Sweden)

    Sri Ningsih

    2015-12-01

    Full Text Available Human resources or called employee as a company asset to be one determinant of the success of the company (organization. Issue growing is that labor (human resources is not only the company's assets but also as owners and investors on its human capital to be invested in the company where he works (at work. This article tries to see how human resources can be considered as an asset for the company and when human resources can act as an investor of its human capital. This article also discusses the accounting treatment of human resources as company assets and the possibility of counting on human resources as human capital investor.    

  3. Investors prefer entrepreneurial ventures pitched by attractive men.

    Science.gov (United States)

    Brooks, Alison Wood; Huang, Laura; Kearney, Sarah Wood; Murray, Fiona E

    2014-03-25

    Entrepreneurship is a central path to job creation, economic growth, and prosperity. In the earliest stages of start-up business creation, the matching of entrepreneurial ventures to investors is critically important. The entrepreneur's business proposition and previous experience are regarded as the main criteria for investment decisions. Our research, however, documents other critical criteria that investors use to make these decisions: the gender and physical attractiveness of the entrepreneurs themselves. Across a field setting (three entrepreneurial pitch competitions in the United States) and two experiments, we identify a profound and consistent gender gap in entrepreneur persuasiveness. Investors prefer pitches presented by male entrepreneurs compared with pitches made by female entrepreneurs, even when the content of the pitch is the same. This effect is moderated by male physical attractiveness: attractive males were particularly persuasive, whereas physical attractiveness did not matter among female entrepreneurs.

  4. The intelligent investor a book of practical counsel

    CERN Document Server

    Graham, Benjamin

    2003-01-01

    This classic text is annotated to update Graham's timeless wisdom for today's market conditions... The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most imp...

  5. Perlakuan Akuntansi Sumber Daya Manusia: Assets Sekaligus Investor Bagi Perusahaan

    OpenAIRE

    Ningsih, Sri

    2001-01-01

    Human resources or called employee as a company asset to be one determinant of the success of the company (organization). Issue growing is that labor (human resources) is not only the company's assets but also as owners and investors on its human capital to be invested in the company where he works (at work). This article tries to see how human resources can be considered as an asset for the company and when human resources can act as an investor of its human capital. This article also discus...

  6. PRINCIPLES OF REPRESENTATING THE DICTIONARY OF INVESTOR RELATIONS TERMS

    Directory of Open Access Journals (Sweden)

    Sarangova Tatiana Apolinarievna

    2013-05-01

    Full Text Available This article treats the problems of identification of principles of representing the vocabulary of banking terms in the field Investor Relations. The main methods of the research are literary analysis and the statistic method. The research defines term and specifics “Investor Relations”, provides a clear demarcation of terms terminography and lexicography, describes the principles of representing the vocabulary of IR terms. Results of the research can be used by IR managers, employees of finance and investment companies and banks, interpreters, teachers, postgraduates and students of economy faculties in different courses of teaching.

  7. Perspective: Biotech funding trends: Insights from entrepreneurs and investors.

    Science.gov (United States)

    Gruber, Alexandra C

    2009-08-01

    Based on a qualitative study analyzing a series of interviews with dedicated biotech entrepreneurs and high-level investors, "Biotech Funding Trends" provides a comprehensive overview of current trends in biotech funding by taking a close look behind the scenes of the biotech industry. In particular, it illustrates the tensions between both key players based on their different backgrounds and expectations. Here we outline the various funding opportunities for the biotech industry in Europe and identify ways for both sides, entrepreneurs and investors to overcome their prejudices to successfully thrive in a competitive environment. The results are also discussed in the light of the current financial and economic crisis.

  8. Forum-ing: Signature practice for public theological discourse ...

    African Journals Online (AJOL)

    The forum meets every Monday morning, except when there is a national holiday. It has operated 30 consecutive years. The forum has a series of presentations, including the opening prayer, self-introductions of each person, a report of the executive director, special presentations from selected community groups, reports, ...

  9. Forum-ing: Signature practice for public theological discourse

    African Journals Online (AJOL)

    2014-05-14

    May 14, 2014 ... victimised in Atlanta, Georgia in the United States of America in the early 1980s. It was originally organised to respond to the economic, financial, spiritual, emotional, employment, housing and resource needs of the underserved poor. This unique practice is called forum- ing. The forum meets every Monday ...

  10. Long memory of abnormal investor attention and the cross-correlations between abnormal investor attention and trading volume, volatility respectively

    Science.gov (United States)

    Fan, Xiaoqian; Yuan, Ying; Zhuang, Xintian; Jin, Xiu

    2017-03-01

    Taking Baidu Index as a proxy for abnormal investor attention (AIA), the long memory property in the AIA of Shanghai Stock Exchange (SSE) 50 Index component stocks was empirically investigated using detrended fluctuation analysis (DFA) method. The results show that abnormal investor attention is power-law correlated with Hurst exponents between 0.64 and 0.98. Furthermore, the cross-correlations between abnormal investor attention and trading volume, volatility respectively are studied using detrended cross-correlation analysis (DCCA) and the DCCA cross-correlation coefficient (ρDCCA). The results suggest that there are positive correlations between AIA and trading volume, volatility respectively. In addition, the correlations for trading volume are in general higher than the ones for volatility. By carrying on rescaled range analysis (R/S) and rolling windows analysis, we find that the results mentioned above are effective and significant.

  11. An Overview of Power, Energy Storage, and Conversion Efforts for 2014 SBIR Phases I and II

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2016-01-01

    Technological innovation is the overall focus of NASA's Small Business Innovation Research (SBIR) program. The program invests in the development of innovative concepts and technologies to help NASA's mission directorates address critical research and development needs for agency projects. NASA's Small Business Innovation Research (SBIR) program focuses on technological innovation by investing in development of innovative concepts and technologies to help NASA mission directorates address critical research needs for Agency programs. This report highlights 15 of the innovative SBIR 2014 Phase I and II projects that focus on one of NASA Glenn Research Center's six core competencies-Power, Energy Storage and Conversion. The technologies cover a wide spectrum of applications such as high-radiation-tolerant ceramic voltage isolators, development of hermetic sealing glasses for solid oxide fuel cells, rechargeable lithium metal cells, high-efficiency direct methane solid oxide fuel cell systems, Li metal protection for high-energy space batteries, isolated bidirectional direct current converters for distributed battery energy applications, and high-efficiency rad-hard ultrathin Si photovoltaic cell technology for space. Each article describes an innovation and technical objective and highlights NASA commercial and industrial applications. This report provides an opportunity for NASA engineers, researchers, and program managers to learn how NASA SBIR technologies could help their programs and projects, and lead to collaborations and partnerships between the small SBIR companies and NASA that would benefit both.

  12. Obstetrics and Gynaecology Forum: Submissions

    African Journals Online (AJOL)

    Author Guidelines. Material submitted for publication in the O & G Forum is accepted on condition that it meets the requirements of the editors. The management reserves the copyright of the material published. All authors must give consent to publication, and the O & G Forum does not hold itself responsible for statements ...

  13. Developers@CERN Forums: Python

    CERN Multimedia

    CERN. Geneva

    2016-01-01

    The Developers@CERN Forums second edition took place at the end of May on the topic of Python. How do developers at CERN interact with Python? Which cutting-edge projects are using Python? What were the highlights of this most recent forum?

  14. EUFOREA Rhinology Research Forum 2016

    DEFF Research Database (Denmark)

    Hellings, P W; Akdis, C A; Bachert, C

    2017-01-01

    The first European Rhinology Research Forum organized by the European Forum for Research and Education in Allergy and Airway Diseases (EUFOREA) was held in the Royal Academy of Medicine in Brussels on 17th and 18th November 2016, in collaboration with the European Rhinologic Society (ERS) and the...

  15. Investor Response to Appointment of Female CEOs and CFOs

    NARCIS (Netherlands)

    Scholtens, Lambertus; Brinkhuis, Eline

    2017-01-01

    We study the impact of appointing women to top executive positions from an investor perspective. We analyze whether shareholders value announcement of appointment of women to top positions differently than they do appointment of men. This study uses an international sample of 100 announcements of

  16. Reporting comprehensive income: reasons for reporting choices and investor reactions

    NARCIS (Netherlands)

    Turktas, B.; Georgakopoulos, G.; Sotiropoulos, I.; Vasileiou, K.Z.

    2013-01-01

    This paper aims to investigate whether the reporting way of comprehensive income is influenced by some factors mentioned by the Positive Accounting Theory and whether the investors value their choice by looking at stock returns (measured in different ways) for firms in the S&P 350 Europe Index. The

  17. TOPFARM - topology optimization as seen from an investor's perspective

    DEFF Research Database (Denmark)

    Larsen, Gunner Chr.

    TOPFARM is an optimization platform, which takes the investors perspective and performs an economical optimization of the wind farm layout throughout the lifetime of the wind farm. The economical optimization approach differs significantly from the traditional power output optimization. The major...... of economical layout optimization, when applied on the Danish Middelgrunden offshore wind farm....

  18. Efficiency of Cooperatives and investor owned firms revisited

    NARCIS (Netherlands)

    Soboh, R.; Oude Lansink, A.G.J.M.; Dijk, van G.

    2012-01-01

    The objectives of dairy processing cooperatives differ from those of investor-owned firms (IOFs). However, the literature usually assumes the same performance measures for cooperatives vis-a-vis IOFs. This study compares the performance of dairy cooperatives and IOFs in major European dairy

  19. The construction of optimal hedging portfolio strategies of an investor

    African Journals Online (AJOL)

    In order to achieve this, there is the need for portfolio diversification, that is, investing into different number of investment firms. When the ... We also intend to apply Hamilton-Jacobi-Bellman,(HJB) equation to derive the optimal values of our trading strategies. We assume in this paper that the investor is risk averse. Therefore ...

  20. Do Sophisticated Investors Believe in the Law of Small Numbers?

    NARCIS (Netherlands)

    G. Baquero; M.J.C.M. Verbeek (Marno)

    2006-01-01

    textabstractBelievers in the law of small numbers tend to overinfer the outcome of a random process after a small series of observations. They believe that small samples replicate the probability distribution properties of the population. We provide empirical evidence indicating that investors are

  1. The impact of foreign investors on the Serbian stock market

    Directory of Open Access Journals (Sweden)

    Rakočević Rade

    2016-01-01

    Full Text Available Frontier markets, such as Serbia, which are at the early stages of development, are characterized by very low level of solvency, absence of corporate management rules and reports to the public, insufficiently developed regulations, as well as significant participation of foreign portfolio investors in the exchange. Those are usually foreign investment funds specialized in risky investments at such markets; they apply the principle of geographic portfolio diversification in their investment policy. At the Belgrade Stock Exchange, foreign investors have been present at the stock market since 2002 and they participated in high volumes in stock buying during the stock market growth in the period from 2002 to 2007, whereas during the crisis at the Serbian capital market from 2008 to 2010 there was a significant increase in foreign investors' participation on the selling side and a withdrawal from the Belgrade Stock Exchange. Such behavior of foreign investors was initially prompted by local factors, but was intensified by the global financial crisis and will be analyzed in this paper.

  2. The Impact of Investor Demand on Security Offerings

    NARCIS (Netherlands)

    E. Duca (Eric)

    2011-01-01

    textabstractThe studies in this thesis contribute to a growing stream of papers showing that capital structure decisions are not only influenced by corporate determinants, but also by fluctuations in investor tastes and capital available for investment. This is a relatively new way of looking at

  3. CEO compensation, family control, and institutional investors in Continental Europe

    NARCIS (Netherlands)

    Croci, Ettore; Gonenc, Halit; Ozkan, Neslihan

    2012-01-01

    This paper investigates the impact of family control and institutional investors on CEO pay packages in Continental Europe, using a dataset of 754 listed firms with 3731 firm-year observations from 14 countries during 2001-2008. We find that family control curbs the level of CEO total and cash

  4. 31 CFR 203.16 - Retainer and investor depositaries.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false Retainer and investor depositaries. 203.16 Section 203.16 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE PAYMENT OF FEDERAL TAXES AND THE...

  5. Investor Reaction to Mandatory Offers on the Warsaw Stock Exchange

    Directory of Open Access Journals (Sweden)

    Szymon Okoń

    2012-06-01

    Full Text Available The following paper aims to assess investor reaction to mandatory offers on the Warsaw Stock Exchange, which is important because knowledge about these reactions can be used to make better investment decisions. This paper highlights the importance of procedure in making a mandatory offer and its grounds in the Polish legal system. Additionally, it presents empirical research on the reactions of investors to mandatory offers on the Warsaw Stock Exchange. It has been provided that mandatory offers have a significant impact on the price of a company’s shares listed on the Warsaw Stock Exchange. Knowledge about the reactions of investors to a mandatory offer may be used when selecting securities for an investment portfolio. The findings may provide guidance in deciding whether to begin or end investment in the company, both for individual and institutional investors. The event study methodology approach used in the paper is regarded as valuable and can be the basis for further research in other areas of the capital market research, especially in the context of information efficiency.

  6. 78 FR 43254 - Dodd-Frank Investor Advisory Committee

    Science.gov (United States)

    2013-07-19

    ... 911 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, is providing notice that... recommendation regarding data tagging, Investor as Owner Subcommittee recommendation regarding the use of.... and 3:00 p.m. All statements received will be posted without change; we do not edit personal...

  7. Expectations of the state, the investor, and the developer; ownership

    Energy Technology Data Exchange (ETDEWEB)

    Lescoeur, B. [Electricite de France (France)

    1997-12-01

    Results are presented from a study into how the substantial amount of financial resources required by the electricity sector over the next decades might be mobilised. Topics covered include social policy, long term planning, environmental objectives, balancing the risks and rewards for investors and the expectations of a project developer. (UK)

  8. The International Technical Safety Forum

    CERN Multimedia

    CERN Bulletin

    2010-01-01

    The International Technical Safety Forum is a meeting of safety experts from several physics labs in Europe and the US. Since 1998 participants have been meeting every couple of years to discuss common challenges in safety matters. The Forum helps them define best practices and learn from the important lessons learned by others.   The Forum's participants in front of building 40. This year, the meeting took place at CERN from 12 to 16 April. “This year's meeting covered subjects ranging from communication and training in matters of safety, to cryogenic safety, emergency preparedness and risk analysis”, explains Ralf Trant, head of the CERN Safety Commission and organiser of this year’s Forum. Radiation protection issues are not discussed at the meeting since they involve different expertise. The goal of the Forum is to allow participants to share experience, learn lessons and acquire specific knowledge in a very open way. Round-table discussions, dedicated time for ...

  9. Activities of the Student Forum of the Geoinformation Forum Japan

    Science.gov (United States)

    Oba, A.; Miyazaki, H.

    2012-07-01

    This reports a history and future prospects of the activities by the Student Forum of the Geoinformation Forum Japan. For growths of academic fields, active communications among students and young scientists are indispensable. Several academic communities in geoinformation fields are established by youths and play important roles of building networks over schools and institutes. The networks are expected to be innovative cooperation after the youths achieve their professions. Although academic communities are getting fixed growth particularly in Japan, youths had gotten little opportunities to make contacts with youths themselves. To promote gotten youth activities among geoinformation fields, in 1998, we started a series of programs that named the Student Forum of the Geoinformation Forum Japan involving students and young scientists within the annual conferences, Geoinformation Forum Japan. The programs have provided opportunities to do presentation their studies by posters, some events, and motivations to create networks among students and young scientists. From 2009, some members of our activities set additional conference in west area of Japan. Thus our activities are spread within Japan. As a result of these achievements, the number of youth dedicating to the programs keeps growing. From 2009, it's getting international gradually, however, almost all the participants are still Japanese. To keep and expand the network, we are planning to make some nodes with some Asian youth organizations in the field of geoinformation. This paper is concluded with proposals and future prospects on the Student Forum of the Geoinformation Forum Japan.

  10. NASA Johnson Space Center Small Business Innovation Research (SBIR) Successes, Infusion and Commercializations and Potential International Partnering Opportunities

    Science.gov (United States)

    Packard, Kathryn; Goodman, Doug; Whittington, James

    2016-01-01

    The NASA Small Business Innovation Research (SBIR) Program has served as a beneficial funding vehicle to both US small technology businesses and the Federal Agencies that participate in the program. This paper, to the extent possible, while observing Intellectual Property (IP) laws, will discuss the many SBIR and STTR (SBIR Technology Transfer) successes in the recent history of the NASA Johnson Space Center (JSC). Many of the participants of the International Conference on Environmental Systems (ICES) have based their research and papers on technologies that were made possible by SBIR/STTR awards and post award funding. Many SBIR/STTR successes have flown on Space Shuttle missions, Space X Dragons, and other spacecraft. SBIR/STTR technologies are currently infused on the International Space Station (ISS) and satellites, one of which was a NASA/JAXA (Japanese Space Agency) joint venture. Many of these companies have commercialized their technologies and grown as businesses while helping the economy through the creation of new jobs. In addition, this paper will explore the opportunity for international partnership with US SBIR/STTR companies as up to 49% of the makeup of the company is not required to be American owned. Although this paper will deal with technical achievements, it does not purport to be technical in nature. It will address the many requests for information on successes and opportunities within NASA SBIR and the virtually untapped potential of international partnering.

  11. Principle Guided Investing: The Use of Exclusionary Screens and Its Implications for Green Investors

    OpenAIRE

    Urs von Arx

    2007-01-01

    This paper examines how "green" investors can induce firms to invest in clean production technology. The 1-period model incorporates heterogeneous agents - Markowitz investors and green investors – and two groups of firms working either with clean or polluting technology. Since green investors apply exclusionary environmental screens, some firms will invest in abatement technology in order to switch to a clean technology and thereby raising firm value. The number of firms working with clean t...

  12. Role of strategic investors in Polish companies: Catalysts for organisational change or opportunists?

    OpenAIRE

    Janowicz, Martyna; Piaskowska-Lewandowska, Dorota Anna; Trojanowski, Grzegorz

    2004-01-01

    The entry of large activist (or so-called 'strategic') investors has become a prevalent phenomenon in transforming economies, such as the Polish one. This paper investigates the relationship between firm performance and the likelihood of a strategic investor entry, as well as the changes firms undergo under control of an activist investor. Theoretical predictions and empirical analyses of 211 Polish companies in the period of 1994–2000 allow us to conclude that strategic investors are more li...

  13. Defense Small Business Innovation Research Program (SBIR). Volume 1. Army Projects, Abstracts of Phase 1 Awards from FY 1989 SBIR Solicitation

    Science.gov (United States)

    1990-04-01

    KIORITZ DM-9 BACKPACK SPRAYER THAT WILL (1) DISPENSE METERED VOLUME OF PEDICULICIDE, (2) EMPLOY EXISTING SYSTEM ENERGY SOURCE, (3) ACCESS 17 DISPERSAL SITES...INC 10016 S 51ST ST PHOENIX, AZ 85044 CONTRACT NUMBER: JOSEPH W COLTMAN TITLE: CONCEPT DEVELOPMENT FOR AN AIRBAG CRASH-PROTECTION SYSTEM TOPIC# 21...BUSINESS INNOVATION RESEARCH (SBIR) PROGRAM - PHASE 1 PAGE 50 BY SERVICE FISCAL YEAR 1989 ARMY SUBMITTED BY STALLING AIRBAGS INTO A HELICOPTER COCKPIT TO

  14. Climate finance, climate investors and assets for low emission development

    Directory of Open Access Journals (Sweden)

    Collins C Ngwakwe

    2015-05-01

    Full Text Available This research examines the relationship between climate finance, growth in climate investors and growth in climate assets for low emission development. It also evaluates the effect of climate policy evolution on the growth of climate investors and climate assets. Adopting a positivist paradigm, the paper makes use of a quantitative research approach and applies the causal and correlational research design. The paper made use of secondary data from the World Bank Carbon Finance Unit and from the Carbon Disclosure Project (ADP. The major objective was to examine the combined effect of climate finance and climate policy on the growth of carbon investors and carbon assets for the companies in the Carbon Disclosure Project which includes the 100 JSE companies. Findings from the test reveal that the combined effect of growth in climate finance and climate policy evolution has a significant relationship with growth in climate investors and climate assets. Given this result the paper proceeded to examine if the growth in climate finance has any correlation with South Africa’s emission reduction trend. Results however indicate that South Africa’s GHG emission trend does not correlate with climate finance availability; GHG emissions in South Africa have continued to soar despite a seeming growth in climate finance. The paper reasoned that the global climate finance might not be effectively available to corporates in South Africa at the expected level of financing to initiate the expected level of climate investment to effect a significant reduction in greenhouse gas emissions. This confirms literature assertions that global climate finance might not easily be accessible, at least to entities in developing countries. In conclusion, the paper suggests the establishment of a Southern African Climate Finance pool where the public and private sector can contribute and that such pool should be made easily available to carbon investors at a cheap rate with

  15. 17 CFR 230.154 - Delivery of prospectuses to investors at the same address.

    Science.gov (United States)

    2010-04-01

    ... investors at the same address. 230.154 Section 230.154 Commodity and Securities Exchanges SECURITIES AND... prospectuses to investors at the same address. (a) Delivery of a single prospectus. If you must deliver a... all of the following conditions are met: (1) The investor has the same last name as the other...

  16. The challenge of measuring investments and identifying investors

    DEFF Research Database (Denmark)

    Christensen, Jesper Lindgaard; Hain, Daniel S.

    2013-01-01

    to see these in a framework of how different types of investors specialize in certain stages of the (energy-) innovation process. We furthermore argue that there are intrinsic barriers to precise measurement, and we outline some of the most important deficiencies in the current measurements. Still, we......, there are several types of flaws and difficulties related to getting a statistical overview of investments in innovation in the energy sector; it is not just a matter of increasing the existing statistical efforts and precision, there are more generic difficulties. Obviously, activity indicators of energy.......e. the investments into a specific type of (energy) sector or activity, and it may be seen from the ‘supplier’ perspective, i.e. the investors. Both approaches have their limitations and challenges. We point out that in order to understand the structural features of energy innovation investments it is necessary...

  17. Do investors value the FDA orphan drug designation?

    Science.gov (United States)

    Miller, Kathleen L

    2017-06-19

    The Orphan Drug Act is an important piece of legislation that uses financial incentives to encourage the development of drugs that treat rare diseases. This analysis studies the effects of a portion of the Orphan Drug Act, the orphan drug designation. Specifically, it studies the value that investors place on the orphan drug designation, by investigating how investors react to companies' announcing that their product has received the designation. The results, on average, show that the stock price of a company increases by 3.36% after the announcement of the designation, increasing the value of the company. The results are more pronounced for oncology drugs, and drugs being developed by the smallest companies. The orphan designation appears to be successful at generating positive value for companies, as seen by the positive and significant average increases in stock price.

  18. Water Finance Forum-Texas

    Science.gov (United States)

    Regional Finance Forum: Financing Resilient and Sustainable Water Infrastructure, held in Addison, Texas, September 10-11, 2015.Co-sponsored by EPA's Water Infrastructure and Resiliency Finance Center and the Environmental Finance Center Network.

  19. Forum outlines top emerging technologies

    Science.gov (United States)

    Extance, Andy

    2015-04-01

    Additive manufacturing, next-generation robotics, "sense and avoid" drones that fly themselves, artificial intelligence and "neuromorphic" computing have all made it into the World Economic Forum's top 10 emerging technologies for 2015.

  20. Custody chains and remoteness: disconnecting investors from issuers

    OpenAIRE

    Eva Micheler

    2014-01-01

    This paper shows that the current market infrastructure systemically prevents investors, both shareholders and bondholders, from exercising their rights against issuers. Equity and debt securities are now normally held through a chain of custodians. These custodians are connected with each other through contract law. There also exists legislation determining the relationship between custodians and their clients. It will be shown in the paper that custody chains have become independent from in...

  1. Investor decisions through the lens of behavioral economics

    Directory of Open Access Journals (Sweden)

    David S. Murphy

    2013-07-01

    Full Text Available Traditional economic theory postulates that people are rational. This implies that people make decisions to maximize their utility functions and to do this, that they have fully and correctly evaluated their preferences and limitations. Behavioral economics recognizes that this is not always true, that sometimes information is incomplete. This article is examines some of the effects of behavioral economics (which come largely from cognitive psychology in decision-making by investors in the stock exchanges.

  2. Shades of Climate Risk. Categorizing climate risk for investors

    OpenAIRE

    Clapp, Christa; Lund, Harald Francke; Aamaas, Borgar; Lannoo, Elisabeth

    2017-01-01

    Taking a starting point in the latest climate science, this report categorizes climate change risk according to timeframe and probability by region and highlights risks that require immediate attention from investors. Complementing the recent recommendations from the Financial Stability Board’s Task Force on Climate-Related Financial Disclosure to disclose potential impacts of climate-related risks and opportunities, guidance on scenarios for stress-testing is also provided. The report finds ...

  3. The impact of investor sentiment on the German stock market

    OpenAIRE

    Finter, Philipp; Niessen-Ruenzi, Alexandra; Ruenzi, Stefan

    2011-01-01

    This paper develops a broad-based sentiment indicator for Germany and investigates whether investor sentiment can explain stock returns on the German stock market. Based on a principal component analysis, we construct a sentiment indicator that condenses information of several well-known sentiment proxies. We show that this indicator explains the return spread between sentiment sensitive stocks and stocks that are not sensitive to sentiment fluctuations. Specifically, stocks that are difficul...

  4. Administrative barriers encountered in South Africa by foreign investors

    OpenAIRE

    2012-01-01

    M.Phil. The role of foreign direct investment, in driving economic growth and development has been a contested one. There have always been views in favour of FDI and against. Foreign investment is attracted by predictable, transparent, non-discriminatory regulations of the host country. Consequently, negative administrative barriers (legal and regulatory requirements for establishing, operating and locating a business) can deter foreign investors. Administrative processes in South Africa a...

  5. Forum on orthophotography: Summary Report

    Science.gov (United States)

    ,

    1990-01-01

    A Forum on Orthophotography was held on May 15, 1990, at the National Aeronautics and Space Administration's Goddard Space Flight Center in Greenbelt, Maryland. The forum was sponsored jointly by the U.S. Soil Conservation Service, the U.S. Geological Survey, the National Governors' Association, and the National Association of Counties. The purpose of the forum was to expand the understanding and use of orthophoto products among the user community, as well as among those currently considering, or as yet unfamiliar with, the use of these products. It was also intended to provide a forum for assessing requirements for, and interest in, orthophoto products and for the identification and discussion of issues and future needs concerning orthophoto use and coordination. The 1-day forum was organized into three major sessions that focussed on technical aspects, user applications, and management issues. The first session presented a brief background and overview of the technical characteristics of standard and digital orthophotos. The second session included formal presentations by Federal, State, and county government agencies on their current and planned applications of orthophoto products, with particular emphasis on their use within geographic information systems. In the third session, private industry addressed their community's interest, capabilities, and potential role. This session also included a proposal by the U.S. Soil Conservation Service for a national cooperative program for the production of l:12,000-scale orthophotoquad products. In addition to the formal presentations, the forum provided a time for open discussion in which attendees had an opportunity to exchange information and make statements about their needs or other items pertinent to the production and dissemination of orthophoto products. Several agency orthophoto product exhibits and interactive demonstrations were also available throughout the day. This report includes a forum agenda and

  6. Fagligt Forum ved en skillevej

    DEFF Research Database (Denmark)

    Bjerg, Claus

    2008-01-01

    Med cvu-bibliotekernes overgang til professionshøjskoler ændres det biblioteksfaglige landskab. Det har Fagligt Forum taget konsekvensen af og nedlægger sig selv i løbet af 2000......Med cvu-bibliotekernes overgang til professionshøjskoler ændres det biblioteksfaglige landskab. Det har Fagligt Forum taget konsekvensen af og nedlægger sig selv i løbet af 2000...

  7. Forum, Dedicated to Inclusive Education

    Directory of Open Access Journals (Sweden)

    Vachkov I.V.

    2015-06-01

    Full Text Available 26 – 27 of February 2015 in Kazan, in the University of Management “TISBI” been held National (All-Russian forum of promotion of ideas and principles of inclusive education (with international participants “Study and live together: open space of inclusion”. During the work of Forum the most topical questions of inclusive education implement in Russian Federation been discussed.

  8. The evolving cobweb of relations among partially rational investors

    Science.gov (United States)

    DiMeglio, Anna; Garofalo, Franco; Lo Iudice, Francesco

    2017-01-01

    To overcome the limitations of neoclassical economics, researchers have leveraged tools of statistical physics to build novel theories. The idea was to elucidate the macroscopic features of financial markets from the interaction of its microscopic constituents, the investors. In this framework, the model of the financial agents has been kept separate from that of their interaction. Here, instead, we explore the possibility of letting the interaction topology emerge from the model of the agents’ behavior. Then, we investigate how the emerging cobweb of relationship affects the overall market dynamics. To this aim, we leverage tools from complex systems analysis and nonlinear dynamics, and model the network of mutual influence as the output of a dynamical system describing the edge evolution. In this work, the driver of the link evolution is the relative reputation between possibly coupled agents. The reputation is built differently depending on the extent of rationality of the investors. The continuous edge activation or deactivation induces the emergence of leaders and of peculiar network structures, typical of real influence networks. The subsequent impact on the market dynamics is investigated through extensive numerical simulations in selected scenarios populated by partially rational investors. PMID:28196144

  9. Models of Investor Forecasting Behavior — Experimental Evidence

    Directory of Open Access Journals (Sweden)

    Federico Bonetto

    2017-12-01

    Full Text Available Different forecasting behaviors affect investors’ trading decisions and lead to qualitatively different asset price trajectories. It has been shown in the literature that the weights that investors place on observed asset price changes when forecasting future price changes, and the nature of their confidence when price changes are forecast, determine whether price bubbles, price crashes, and unpredictable price cycles occur. In this paper, we report the results of behavioral experiments involving multiple investors who participated in a market for a virtual asset. Our goal is to study investors’ forecast formation. We conducted three experimental sessions with different participants in each session. We fit different models of forecast formation to the observed data. There is strong evidence that the investors forecast future prices by extrapolating past price changes, even when they know the fundamental value of the asset exactly and the extrapolated forecasts differ significantly from the fundamental value. The rational expectations hypothesis seems inconsistent with the observed forecasts. The forecasting models of all participants that best fit the observed forecasting data were of the type that cause price bubbles and cycles in dynamical systems models, and price bubbles and cycles ended up occurring in all three sessions.

  10. An Overview of SBIR Phase 2 Physical Sciences and Biomedical Technologies in Space

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2015-01-01

    Technological innovation is the overall focus of NASA's Small Business Innovation Research (SBIR) program. The program invests in the development of innovative concepts and technologies to help NASA's mission directorates address critical research and development needs for agency projects. This report highlights innovative SBIR Phase II projects from 2007-2012 specifically addressing areas in physical sciences and biomedical technologies in space, which is one of six core competencies at NASA Glenn Research Center. There are twenty two technologies featured with emphasis on a wide spectrum of applications such as reusable handheld electrolyte, sensor for bone markers, wideband single crystal transducer, mini treadmill for musculoskeletal, and much more. Each article in this report describes an innovation, technical objective, and highlights NASA commercial and industrial applications. This report serves as an opportunity for NASA personnel including engineers, researchers, and program managers to learn of NASA SBIR's capabilities that might be crosscutting into this technology area. As the result, it would cause collaborations and partnerships between the small companies and NASA Programs and Projects resulting in benefit to both SBIR companies and NASA.

  11. An Overview of 2014 SBIR Phase 1 and Phase 2 Communications Technology and Development

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.; Morris, Jessica R.

    2015-01-01

    NASA's Small Business Innovation Research (SBIR) program focuses on technological innovation by investing in development of innovative concepts and technologies to help NASA mission directorates address critical research needs for Agency programs. This report highlights eight of the innovative SBIR 2014 Phase I and Phase II projects that emphasize one of NASA Glenn Research Center's six core competencies-Communication Technology and Development. The technologies cover a wide spectrum of applications such as X-ray navigation, microsensor instrument for unmanned aerial vehicle airborne atmospheric measurements, 16-element graphene-based phased array antenna system, interferometric star tracker, ultralow power fast-response sensor, and integrated spacecraft navigation and communication. Each featured technology describes an innovation, technical objective, and highlights NASA commercial and industrial applications. This report provides an opportunity for NASA engineers, researchers, and program managers to learn how NASA SBIR technologies could help their programs and projects, and lead to collaborations and partnerships between the small SBIR companies and NASA that would benefit both.

  12. 78 FR 11745 - Small Business Size Regulations, Small Business Innovation Research (SBIR) Program and Small...

    Science.gov (United States)

    2013-02-20

    ... / Wednesday, February 20, 2013 / Rules and Regulations#0;#0; ] SMALL BUSINESS ADMINISTRATION 13 CFR Part 121 RIN 3245-AG46 Small Business Size Regulations, Small Business Innovation Research (SBIR) Program and Small Business Technology Transfer (STTR) Program; Correction AGENCY: U.S. Small Business Administration...

  13. 77 FR 28520 - Small Business Size Regulations, Small Business Innovation Research (SBIR) Program and Small...

    Science.gov (United States)

    2012-05-15

    ... (SBIR) Program and Small Business Technology Transfer (STTR) Program AGENCY: Small Business... Small Business Technology Transfer (STTR) Programs. This proposed rule would implement provisions of the... Standards, or Edsel Brown, Assistant Director, Office of Technology, U.S. Small Business Administration, 409...

  14. 76 FR 77510 - Applications for New Awards; Small Business Innovation Research Program (SBIR)-Phase I

    Science.gov (United States)

    2011-12-13

    ..., including projects leading to the manufacture of such items as artificial intelligence or information... competitive three-phase process. The three phases of the SBIR program are: Phase I: Phase I projects determine... competitive or absolute preference over other applications. Each of the following invitational priorities...

  15. An Overview of SBIR Phase 2 Materials Structures for Extreme Environments

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2015-01-01

    Technological innovation is the overall focus of NASA's Small Business Innovation Research (SBIR) program. The program invests in the development of innovative concepts and technologies to help NASA's mission directorates address critical research and development needs for agency projects. This report highlights innovative SBIR Phase II projects from 2007-2012 specifically addressing Areas in Materials and Structures for Extreme Environments which is one of six core competencies at NASA Glenn Research Center. There are twenty three technologies featured with emphasis on a wide spectrum of applications such as fine-filament superconductor wire, composite oxide cathode materials, nano-composites, high radiation solar cell, wrapped multilayer insulation, thin aerogel, and much more. Each article in this booklet describes an innovation, technical objective, and highlights NASA commercial and industrial applications. This report serves as an opportunity for NASA personnel including engineers, researchers, and program managers to learn of NASA SBIR's capabilities that might be crosscutting into this technology area. As the result, it would cause collaborations and partnerships between the small companies and NASA Programs and Projects resulting in benefit to both SBIR companies and NASA.

  16. An Overview of 2014 SBIR Phase 1 and Phase 2 Air-Breathing Propulsion

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.; Morris, Jessica R.

    2015-01-01

    NASA's Small Business Innovation Research (SBIR) program focuses on technological innovation by investing in development of innovative concepts and technologies to help NASA mission directorates address critical research needs for Agency programs. This report highlights nine of the innovative SBIR 2014 Phase I and Phase II projects that emphasize one of NASA Glenn Research Center's six core competencies-Air-Breathing Propulsion. The technologies cover a wide spectrum of applications such as development of X-ray computed tomography (CT) imaging method for the measurement of complex 3D ice shapes, phased array techniques for low signal-to-noise ratio wind tunnels, compact kinetic mechanisms for petroleum-derived and alternative aviation fuels, and hybrid electric propulsion systems for a multirotor aircraft. Each featured technology describes an innovation, technical objective, and highlights NASA commercial and industrial applications. This report provides as an opportunity for NASA engineers, researchers, and program managers to learn how NASA SBIR technologies could help their programs and projects, and lead to collaborations and partnerships between the small SBIR companies and NASA that would benefit both.

  17. An Empirical Study of the Effect of Investor Sentiment on Returns of Different Industries

    Directory of Open Access Journals (Sweden)

    Chuangxia Huang

    2014-01-01

    Full Text Available Studies on investor sentiment are mostly focused on the stock market, but little attention has been paid to the effect of investor sentiment on the return of a specific industry. This paper constructs a proxy variable to examine the relationship between investor sentiment and the return of a specific industry, using the Principle Component Analysis, and finds that investor sentiment is positively correlated with the industry return of the current period and negatively correlated with that of one lag period; we classify investor sentiment as optimistic state and pessimistic state and find that optimistic investor sentiment has a positive effect on stock returns of most industries, while pessimistic investor sentiment has no effect on them; this paper further builds a two-state Markov regime switching model and finds that sentiment has different effect on different industries returns on different states of market.

  18. HIMSS Venture+ Forum and HX360 Provide Industry View of Health Technology Innovation, Startup and Investment Activity; Advancing the New Model of Care.

    Science.gov (United States)

    Burde, Howard A; Scarfo, Richard

    2015-01-01

    Presented by HIMSS, the Venture+ Forum program and pitch competition provides a 360-degree view on health technology investing and today's top innovative companies. It features exciting 3-minute pitch presentations from emerging and growth-stage companies, investor panels and a networking reception. Recent Venture+ Forum winners include TowerView Health, Prima-Temp, ActuaiMeds and M3 Clinician. As an industry catalyst for health IT innovation and business-building resource for growing companies and emerging technology solutions, HIMSS has co-developed with A VIA, a new initiative that addresses how emerging technologies, health system business model changes and investment will transform the delivery of care. HX360 engages senior healthcare leaders, innovation teams, investors and entrepreneurs around the vision of transforming healthcare delivery by leveraging technology, process and structure.

  19. Financial statistics of major U.S. investor-owned electric utilities 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    The Financial Statistics of Major US Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for making policy and decisions relating to investor-owned electric utility issues. The US electric power industry is a combination of electric utilities (investor-owned, publicly owned, Federal, and cooperatives) and nonutility power producers. Investor-owned electric utilities account for over three-fourths of electric sales and revenue. Historically, the investor-owned electric utilities have served the large consolidated markets. There is substantial diversity among the investor-owned electric utilities in terms of services, size, fuel usage, and prices charged. Most investor-owned electric utilities generate, transmit, and distribute electric power. Investor-owned electric utilities operate in all States except Nebraska; Hawaii is the only State in which all electricity is supplied by investor-owned electric utilities. 5 figs., 57 tabs.

  20. THE GREGARIOUS BEHAVIOR OF INVESTORS FROM BALTIC STOCK MARKETS

    Directory of Open Access Journals (Sweden)

    Pece Andreea Maria

    2015-07-01

    Full Text Available The main objective of this research is to investigate market participants’ gregarious behaviour in Baltic stock markets, namely Lithuania, Latvia and Estonia during the period January 2003-December 2013. The herding behaviour derives from the investors’ irrationality, who trade financial assets based on their positive expectations about prices future growth, generating manias among other market participants, thus ignoring the real return rates and the risk levels of their investments.The investors’ irrational behaviour is influenced by actions, feelings and impulses that are intertwined: mimicry, fear, trust, greed, optimism, pessimism, euphoria, panic. These features highlight an erroneous perception of investors in point of unsustained increase in prices, which has been generated by the stock prices deviations from their fundamental value.Under these premises, optimism, overreaction and speculative bubbles are appearing on the market and may constitute triggering factors of a financial crash.The probability of the occurrence of the speculative bubbles and financial crashes is influenced by the continuous entry on the market of new investors and less informed participants, which often act based on impulse, following a benchmark, without considering their own analysis and information that they hold. The existence of a “collective behaviour” of the investors, which is manifested by their tendency to imitate other market participants actions and to “follow the herd”, so ignoring their own beliefs, may increase market sensitivity to shocks and the probability of the occurrence of the systemic risk.In order to identify the investors’ herding behaviour, I have applied an adjusted CSSD model proposed by (Yao, Ma, Peng He, 2014, which implies the inclusion of two additional variables, the first one, to reduce the effect of multicollinearity and a second one, a lag term of the dependent variable, in order to improve the power of the

  1. 17. telekomunikacioni forum TELFOR 2009

    Directory of Open Access Journals (Sweden)

    Nebojša N. Gaćeša

    2010-04-01

    Full Text Available U Beogradu je 24, 25. i 26. novembra 2009. godine, u Sava centru, održan 17. telekomunikacioni forum TELFOR 2009, u organizaciji Društva za telekomunikacije – Beograd, „Telekom Srbija“ a. d., JP PTT saobraćaja „Srbija“, Elektrotehničkog fakulteta Univerziteta u Beogradu i IEEE Serbia & Montenegro ComSoc Chapter and Section. Telekomunikacioni forum TELFOR organizuje se sedamnaesti put kao domaći i regionalni godišnji skup stručnjaka koji rade u oblastima telekomunikacija i informacionih tehnologija. Učesnici su uglavnom telekomunikacioni inženjeri, ali i ekonomisti, pravnici, menadžeri, operatori i drugi. Na taj način TELFOR predstavlja forum u okviru kojeg se razmatraju sva relevantna pitanja telekomunikacija: tehnička, razvojna, regulatorna i ekonomska, pitanja proizvodnje opreme, usluga, servisa i funkcionisanja sistema.

  2. The Department of Defense FY 2000 Small Business Innovation Research (SBIR) Program: Program Solicitation 00.1

    National Research Council Canada - National Science Library

    2000-01-01

    ... (NIMA), and U.S. Special Operations Command (SOCOM), hereafter referred to as DoD Components, invite small business firms to submit proposals under this solicitation for the Small Business Innovation Research (SBIR) program...

  3. ECNS '99 - Young scientists forum

    DEFF Research Database (Denmark)

    Ceretti, M.; Janssen, S.; McMorrow, D.F.

    2000-01-01

    The Young Scientists Forum is a new venture for ECNS and follows the established tradition of an active participation by young scientists in these conferences. At ECNS '99 the Young Scientists Forum brought together 30 young scientists from 13 European countries. In four working groups......, they discussed emerging scientific trends in their areas of expertise and the instrumentation required to meet the scientific challenges. The outcome was presented in the Young Scientists Panel on the final day of ECNS '99. This paper is a summary of the four working group reports prepared by the Group Conveners....... (C) 2000 Elsevier Science B.V. All rights reserved....

  4. EFFECT OF INVESTOR SENTIMENT ON FUTURE RETURNS IN THE NIGERIAN STOCK MARKET

    Directory of Open Access Journals (Sweden)

    Udoka Bernard Alajekwu

    2017-06-01

    Full Text Available The study examined the effect of investor sentiment on future returns in the Nigerian stock market. The OLS regression and granger causality techniques were employed for data analyses. The results showed that (1 investor sentiment has a significant positive effect on stock market returns even after control for fundamentals such as Industrial production index, consumer price index and Treasury bill rate; (2 there is a uni-directional causality that runs from change in investor sentiment (ΔCCI to stock market returns (Rm. Derived finding showed that the inclusion of fundamentals increased the explanatory power of investor sentiment from 3.96% to 33.05%, though at both level, investor sentiment (ΔCCI has low explanatory power on stock market returns. The study posits existence of a dynamic relationship between investor sentiment and the behaviour of stock future returns in Nigeria such that higher sentiment concurrently leads to higher stock prices.

  5. Students' Critical Thinking in Online Discussion Forum

    OpenAIRE

    Fitriana, Sela; Anggia, Helta

    2016-01-01

    Online discussion forum is well-known in educational technology development especially in blended learning because it supports the traditional face to face (f2f) class. Online discussion forum is familiar as the leading of critical thinking process. This paper reports about qualitative study on web-based class by using blended learning focuses on online discussion forum. This study is held in order to analyze the critical thinking process that appears during online discussion forum class. Thi...

  6. The role of investor capabilities in public-to-private transactions

    OpenAIRE

    H. T.J. SMIT; W. DE MAESENEIRE

    2005-01-01

    In a public-to-private (PTP) acquisition, the gained control and the capabilities of the private equity investor affect strategic management of the firm and its value. We examine the role of idiosyncratic investor capabilities in the value appropriation from PTPs and provide implications for the changing market for private equity. Next to the traditional sources of value, we incorporate and value entrepreneurial aspects, investor specialisation, path-dependency and levering the private invest...

  7. Financial statistics of major US investor-owned electric utilities 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-01

    The Financial Statistics of Major U.S. Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State Governments, industry, and the general public with current and historical data that can be used for making policy and decisions relating to investor-owned electric utility issues.

  8. Financial statistics of major U.S. investor-owned electric utilities 1993

    Energy Technology Data Exchange (ETDEWEB)

    1995-01-01

    The Financial Statistics of Major US Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues.

  9. Online Broker Investors: Demographic Information, Investment Strategy, Portfolio Positions, and Trading Activity

    OpenAIRE

    Glaser, Markus

    2003-01-01

    It is often argued that the internet influences investor behavior. Furthermore, the recent 'bubble' in internet stocks is sometimes ascribed, at least in part, to online trading. However, little is known about how online investors actually behave. This paper contributes to fill this gap. A sample of approximately 3,000 online broker investors is studied over a 51 month period ending in April 2001. The main goal of this paper is to present various descriptive statistics on demographic informat...

  10. NASA's Management and Utilization of the Small Business Innovative Research (SBIR) Program

    Science.gov (United States)

    Mexcur, Winfield Paul

    2003-01-01

    The United Space Congress established the SBIR program in 1982 for the following purposes: ( 1) Stimulate technological innovation (2) Increase private-sector commercialization derived from federal R&D (3) Use small business to meet federal R&D needs (4) Foster and encourage participation by disadvantaged persons and women in technological innovation The STTR program was established in 1992 with the additional requirement of having a small business partner with a research institution (usually a university) for the purpose of transferring intellectual property from the research institution to the small business concern for enabling a government technical need and furthering the technological development for the purpose of developing commercial products. The government of Japan has established a program that models portions of the U.S. SBIR and STTR programs. They are very interested in how NASA has been so successful in fulfilling the Congressional objectives of these programs. In particular, they want to understand the management practices and incentives that are provided to enable partnerships between business enterprises, academia and government. The speech will also focus on some of the many successful technologies (on a conceptual level) that have been developed through NASA s SBIR and STTR programs and mechanisms used to promote cooperation between small businesses, large businesses, academia and government agencies within the United States. The speech is on a conceptual level, focusing on U.S. and NASA policies and management implementation practices. No enabling technical discussion will be held.

  11. The impacts of investor sentiment on different economic sectors: Evidence from Istanbul Stock Exchange

    Directory of Open Access Journals (Sweden)

    Utku Uygur

    2014-12-01

    Full Text Available The aim of this study is to construct a model for evaluating the effects of investor sentiment on the conditional volatility by measuring the effects of noise trader demand shocks on returns and volatility where EGARCH model is used to determine whether investor sentiment has more influence on the conditional volatility of various sector indexes. After controlling for macroeconomic shocks, weekly trading volume of Istanbul Stock Exchange 100 is used as investor sentiment proxy. Significant evidence is found that a change in investor sentiment has more influence on conditional volatility of industry, banking, and food and beverages sector indexes when compared with other sectors such as retail or telecommunication.

  12. Can Institutional Investors Fix the Corporate Governance Problem? Some Danish Evidence

    DEFF Research Database (Denmark)

    Rose, Caspar

    2005-01-01

    that the black box view of institutional investors should be abandoned. Therefore, it is suggested that a more careful analysis should be devoted to each institutional investor'sown legal environment. JEL Classification: L25, G2 and G3Keywords: Corporate governance, institutional investors, concentrated......It has been advocated within corporate governance that institutional investors may discipline management in listed firms and thereby alleviate the free rider problem associated with dispersed ownership. This article tests this hypothesis using a sample of Danish listed firms during 1998...

  13. On the relationship between investor sentiment, VIX and trading volume.

    Directory of Open Access Journals (Sweden)

    Simon Man Shing So

    2015-11-01

    Full Text Available As noise traders affect stock market by trading, sentiment, as a signal of noise, may have relationships with trading volume. This paper explores the effect of sentiment on the stock market’s trading volume. Increase in Volatility Index (VIX can explain the percentage increase in trading volume, but only in high VIX period. Besides, higher level of VIX is likely to be associated with greater variability of trading volume. The noise traders add liquidity to the market and provide more chances for investors to time their trade as the volatility of liquidity increases. These two kinds of impact lower rational investors’ required return. The noise traders not only drive the price deviating from fundamental value, but also influence the liquidity dimensions.

  14. Building capability through networking with investors and researchers

    DEFF Research Database (Denmark)

    Wang, Daojuan; Schøtt, Thomas

    A startup requires financing, typically, and the startup is based on innovation, often. Capabilities for innovation and financing may be built simultaneously and created jointly at inception. Co-creation of capabilities for financing and innovation is accounted for in this study. Co...... of startups at inception, by 9,161 entrepreneurs, surveyed in Global Entrepreneurship Monitor in 49 countries. Co-creation is found to be reduced by the entrepreneur’s networking in the private sphere of family and friends, but to be benefiting from networking in the public sphere, especially by networking...... with investors and researchers simultaneously. The findings contribute to understanding capability building as embedded in networks around the startup....

  15. Strategic versus financial investors: The role of strategic objectives in financial contracting

    NARCIS (Netherlands)

    Arping, S.; Falconieri, S.

    2009-01-01

    Strategic investors, such as corporate venture capitalists, engage in the financing of start-up firms to complement their core businesses and to facilitate the internalization of externalities. We argue that while strategic objectives make it more worthwhile for an investor to elicit high

  16. Strategic versus financial investors: the role of strategic objectives in financial contracting

    NARCIS (Netherlands)

    Arping, S.; Falconieri, S.

    2010-01-01

    Strategic investors, such as corporate venture capitalists, engage in the financing of start-up firms to complement their core businesses and to facilitate the internalization of externalities. We argue that while strategic objectives make it more worthwhile for an investor to elicit high

  17. Information and Heterogeneous Beliefs: Cost of Capital, Trading Volume, and Investor Welfare

    DEFF Research Database (Denmark)

    Christensen, Peter Ove; Qin, Zhenjiang

    advantage of the disagreements and the differences in confidence among investors. This leads to a higher growth in the investors' certainty equivalents and, thus, a higher equilibrium interest rate, whereas the ex ante risk premium on the risky asset is unaffected by the informativeness of the public...

  18. 12 CFR 630.3 - Publishing and filing the report to investors.

    Science.gov (United States)

    2010-01-01

    ... following reports in order to provide meaningful information pertaining to the financial condition and... report to investors shall present Systemwide combined financial statements and related footnotes deemed appropriate for the purpose of the report to provide investors with the most meaningful presentation...

  19. 76 FR 80868 - Increasing Access to Rural Community Investment Opportunities for Investors

    Science.gov (United States)

    2011-12-27

    ... investor, including, but not limited to, entities such as pension funds, commercial banking institutions... communities' access to capital by expanding the leveraging of USDA's community facilities loan funds. Given... pool capital from different investors to create a dedicated infrastructure investment fund to invest...

  20. How Severe Was the Impact of the Financial Crisis on Individual Investor Perceptions and Behavior?

    NARCIS (Netherlands)

    Hoffmann, A.; Post, T.; Pennings, J.M.E.

    2011-01-01

    Abstract: Based on a unique combination of monthly survey data and matching trading records, we examine how individual investor perceptions change and drive trading and risk-taking behavior during the 2007–2009 financial crisis. Investor perceptions fluctuate significantly, with risk tolerance and

  1. Perlindungan Hukum Bagi Investor Terhadap Praktik Kejahatan Insider Trading Pada Pasar Modal di Indonesia

    Directory of Open Access Journals (Sweden)

    Fadilah Haidar

    2016-04-01

    Full Text Available Abstract: Legal Protection for Investors Against Crime Practice Insider Trading In Stock Market in Indonesia. Legal protection for investors is a matter that is crucial to the survival of the business and investing world, a form of legal protection itself in the form of legal structure and legal substance both of which synergize in providing certainty and legal protection. In the absence of legal protection for investors against the crime of insider trading in the stock market it will create unfair market, the emergence of illicit profit, and untrustable adverse market investors.   Abstrak: Perlindungan Hukum Bagi Investor Terhadap Praktik Kejahatan Insider Trading Pada Pasar Modal di Indonesia. Perlindungan hukum bagi investor merupakan suatu hal yang krusial dalam kelangsungan dunia bisnis dan investasi, wujud dari perlindungan hukum itu sendiri berupa legal structure dan legal substance dimana keduanya saling bersinergi dalam memberi kepastian dan perlindungan hukum. Dengan tidak adanya perlindungan hukum bagi investor terhadap kejahatan insider trading di pasar modal maka akan tercipta unfair market, timbulnya illicit profit, dan untrustable market yang merugikan investor.  DOI: 10.15408/jch.v2i1.2311

  2. 78 FR 47479 - 30-Day Notice of Proposed Information Collection: Nonimmigrant Treaty Trader/Investor Application

    Science.gov (United States)

    2013-08-05

    ... Notice of Proposed Information Collection: Nonimmigrant Treaty Trader/Investor Application ACTION: Notice... (OMB). You may submit comments by the following methods: Email: [email protected]v . You must... Information Collection: Nonimmigrant Treaty Trader/Investor Application OMB Control Number: OMB-1405-0101 Type...

  3. The Regulation of Retail Investment Services in the EU: Towards the Improvement of Investor Rights?

    NARCIS (Netherlands)

    Cherednychenko, O.O.

    2010-01-01

    Despite the fact that a substantial body of European Community (EC) law already exists to protect retail investors, the markets in retail investment services and products in the EU remain fragmented. Moreover, the recent financial crisis has undermined investor confidence in financial markets more

  4. Young physicists' forum

    Energy Technology Data Exchange (ETDEWEB)

    T. Adams et al.

    2001-11-02

    The Young Physicists' Forum was an opportunity for the younger members of the particle-physics community to gather at Snowmass 2001 and to study and debate major issues that face the field over the next twenty years. Discussions were organized around three major topics: outreach and education, the impact of globalization, and building a robust and balanced field. We report on the results of these discussions, as presented on July 17, 2001.

  5. Loss Aversion: A Comparison of Investment Decision Making Between Individual Investors and Pension Funds in Brazil

    Directory of Open Access Journals (Sweden)

    William Eid Junior

    2009-08-01

    Full Text Available This article compares the application of a loss aversion utility function with a traditional Von Neumann-Morgenstern utility function aiming to test whether the first form of utility could better replicate the actual behavior of Brazilian investors concerning the choice of optimum investment portfolio. The results generated by both functions, in terms of stock market participation in the optimum investment portfolio, are compared with real aggregate data from two types of Brazilian investors (pension funds and individual investors. The analysis indicates that: i the traditional utility function should be rejected as an adequate model to replicate Brazilian individual investors behavior in the stock market; and ii Brazilian individual investors behavior are better replicated by a loss aversion utility function.

  6. 77 FR 76215 - Small Business Size Regulations, Small Business Innovation Research (SBIR) Program and Small...

    Science.gov (United States)

    2012-12-27

    ... that the proposed rule would create a security risk and permit mission critical and sensitive... affiliation with companies with different goals and risk but merely with shared investors. The respondent... subcontracting all of its work to another company that is other than small or otherwise does not meet the...

  7. SATISFACTION OF RETAIL INVESTORS ON THE STRUCTURAL EFFICIENCY OF THE MARKET: EVIDENCE FROM A DEVELOPING COUNTRY CONTEXT

    Directory of Open Access Journals (Sweden)

    Mamunur Rashid

    2009-01-01

    Full Text Available Satisfied investors are a necessary element of the stock market. They help to finance rapid expansion in developing countries. This study explores the components of market structure that contribute to the satisfaction level of retail investors. Around 300 retail investors from 25 randomly selected brokerage houses registered with the Dhaka Stock Exchange, Bangladesh were surveyed using a structured questionnaire. Analyses reveal that most investors were young and inexperienced but educated, with shortages of skills and income. The investors put the strongest emphasis on effective investment analysis, followed by ease of the transaction process, effective information management and timely risk management. The trading experience of these investors was used as a moderating variable to investigate the impact of demographic variables and found to be insignificant. The study suggests the importance of effective regulation, disclosure requirements to ensure a supply of quality information, investor education and technology driven trading in brokerage houses for overall investor satisfaction.

  8. EERE-SBIR technology transfer opportunity. H2 Safety Sensors for H2

    Energy Technology Data Exchange (ETDEWEB)

    Johnston, Mariann R. [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

    2015-12-01

    The Office of Energy Efficiency and Renewable Energy’s Fuel Cell Technologies Office (FCTO) works in partnership with industry (including small businesses), academia, and DOE's national laboratories to establish fuel cell and hydrogen energy technologies as economically competitive contributors to U.S. transportation needs. The work that is envisioned between the SBIR/STTR grantee and Los Alamos National Laboratory would involve Technical Transfer of Los Alamos Intellectual Property (IP) on Thin-film Mixed Potential Sensor (U.S. Patent 7,264,700) and associated know-how for H2 sensor manufacturing and packaging.

  9. Ultra-secure RF Tags for Safeguards and Security - SBIR Phase II Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Twogood, Richard E [Dirac Solutions Inc., Pleasanton, CA (United States)

    2015-01-27

    This is the Final Report for the DOE Phase II SBIR project “Ultra-secure RF Tags for Safeguards and Security.” The topics covered herein include technical progress made, progress against the planned milestones and deliverables, project outcomes (results, collaborations, intellectual property, etc.), and a discussion on future expectations of deployment and impacts of the results of this work. In brief, all planned work for the project was successfully completed, on or ahead of schedule and on budget. The major accomplishment was the successful development of a very advanced passive ultra-secure RFID tag system with combined security features unmatched by any commercially available ones. These tags have high-level dynamic encrypted authentication, a novel tamper-proofing mechanism, system software including graphical user interfaces and networking, and integration with a fiber-optic seal mechanism. This is all accomplished passively (with no battery) by incorporating sophisticated hardware in the tag which harvests the energy from the RFID readers that are interrogating the tag. Based on initial feedback (and deployments) at DOE’s Lawrence Livermore National Laboratory (LLNL), it is anticipated these tags and their offspring will meet DOE and international community needs for highly secure RFID systems. Beyond the accomplishment of those original objectives for the ultra-secure RF tags, major new spin-off thrusts from the original work were identified and successfully pursued with the cognizance of the DOE sponsor office. In particular, new classes of less sophisticated RFID tags were developed whose lineage derives from the core R&D thrusts of this SBIR. These RF “tag variants” have some, but not necessarily all, of the advanced characteristics described above and can therefore be less expensive and meet far wider markets. With customer pull from the DOE and its national laboratories, new RFID tags and systems (including custom readers and software) for

  10. Subsurface Monitor for Dissolved Inorganic Carbon at Geological Sequestration Site Phase 1 SBIR Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Sheng Wu

    2012-08-03

    Phase I research of this SBIR contract has yielded anticipated results and enable us to develop a practical new instrument to measure the Dissolved Inorganic Carbons (DIC) as well as Supercritical (SC) CO2 in underground brine water at higher sensitivity, lower cost, higher frequency and longer period of time for the Monitoring, Verification & Accounting (MVA) of CO2 sequestration as well as Enhanced Oil Recovery (EOR). We show that reduced cost and improved performance are possible; both future and emerging market exist for the proposed new instrument.

  11. CERN hosts Physics and Society Forum

    CERN Multimedia

    Katarina Anthony

    2012-01-01

    On 28-29 March, CERN hosted the fifth edition of the European Physical Society's “Physics and Society” forum. The forum addresses the role of physicists in general society – be they in education, politics, industry or communication. This year, attendees looked at how physicists have adapted - and can continue to adapt - to work in the economic marketplace.   “The forums began back in 2006, as a special closing event for the 2005 World Year of Physics,” explains Martial Ducloy, former President of the French Physical Society and Chair of the EPS Forum Physics and Society. “We decided to keep the sessions going, as they gave physicists a venue to discuss the non-scientific issues that influence their daily work. As the world's largest international physics laboratory – and the venue for this year's EPS Council – CERN seemed the ideal place to host this year's forum.” The forum ...

  12. Morocco calls for investors; Le Maroc en appelle aux investisseurs

    Energy Technology Data Exchange (ETDEWEB)

    Rigaud, Ch.

    2011-03-15

    Morocco imported more than 96% of its energy between 2002 and 2009. Moreover the economic and social development of the country requires important energy needs that will grow by 5% a year. The Morocco government has launched an ambitious plan for developing renewable energies that aims at trebling its today's production of electricity by 2020. 2000 MW of solar energy will be installed on 5 sites and at least 2000 MW of wind energy will also be installed. Morocco's potential for wind energy is assessed to reach 25000 MW. The investment for the solar program will reach 6.5*10{sup 9} euros. The aim of the energy policy is also to create jobs and develop local skills for manufacturing components of wind turbines and solar panels. The idea is that investors produce in Morocco for the local energy market and for export to African countries. Exports of renewable energy toward Europe will also be possible as Morocco is the only Arab country to be connected on the European frequency. A third submarine power cable between Morocco and Europe is being installed. (A.C.)

  13. Calisthenics with Words: The Effect of Readability and Investor Sophistication on Investors’ Performance Judgment

    Directory of Open Access Journals (Sweden)

    Xiao Carol Cui

    2016-01-01

    Full Text Available Since the 1990s, the SEC has advocated for financial disclosures to be in “plain English” so that they would be more readable and informative. Past research has shown that high readability is related to more extreme investor judgments of firm performance. Processing fluency is the prevalent theory to explain this: higher readability increases the investor’s subconscious reliance on the disclosure, so positive (negative news leads to more positive (negative judgments. The relationship may not be so simple, though: drawing on research from cognitive psychology, I predict and find that investor financial literacy simultaneously influences investor decision-making, and that it has an interactive effect with readability. When presented with financial disclosure containing conflicting financial information, investors with higher financial literacy make more negative judgments than investors with low financial literacy when the disclosure is easy to read, but the effect becomes insignificant when the disclosure becomes difficult to read. This effect is moderated by a comprehension gap between the two investor groups. Financial literacy and readability interact to impact both how and how well the investor processes financial information.

  14. Does Online Investor Sentiment Affect the Asset Price Movement? Evidence from the Chinese Stock Market

    Directory of Open Access Journals (Sweden)

    Chi Xie

    2017-01-01

    Full Text Available With the quick development of the Internet, online platforms that provide financial news and opinions have attracted more and more attention from investors. The question whether investor sentiment expressed on the Internet platforms has an impact on asset return has not been fully addressed. To this end, this paper uses the Baidu Searching Index as the agent variable to detect the effect of online investor sentiment on the asset price movement in the Chinese stock market. The empirical study shows that although there is a cointegration relationship between online investor sentiment and asset return, the sentiment has a poor ability to predict the price, return, and volatility of asset price. Meanwhile, the structural break points of online investor sentiment do not lead to changes in the asset price movement. Based on the empirical mode decomposition of online investor sentiment, we find that high frequency components of online investor sentiment can be used to predict the asset price movement. Thus, the obtained results could be useful for risk supervision and asset portfolio management.

  15. Forum: Interpersonal Communication in Instructional Settings: Improving Situational Awareness for Instructional Communication Research: A Forum Response

    Science.gov (United States)

    Titsworth, Scott

    2017-01-01

    In this response, Scott Titsworth analyzes similarities among the forum essays and then offers ideas for how instructional communication scholars might adopt greater situational awareness in research, theory, and application of their work. [Other essays in this forum include: (1) FORUM: Interpersonal Communication in Instructional Settings: The…

  16. Mobile Internet Start-ups as a Potential Market for Angel Investors

    OpenAIRE

    Luo, Xi

    2012-01-01

    The aims of the study are to assess the mobile internet start-up’s market value for angel investors and how to become an efficient angel investor with reliable marketing strategy. In the Introduction section, the overview of this thesis is indicated. In the second Theoretical Frame-work chapter, the introduction of current mobile internet and angel investor is described. In the Empirical Part, the main emphases are taken on the analysis of angel investor’s development with a new concept...

  17. Investor responsibility and Norway’s Government Pension Fund – Global

    Directory of Open Access Journals (Sweden)

    Hilde W. Nagell

    2011-05-01

    Full Text Available This article identifies and critically examines three differentaspects of investor responsibility. First, investors haveresponsibilities toward their clients (the so-called fiduciaryduties. Second, investors are responsible for taking steps toreduce the risk that an investment directly or indirectlycontributes to harm (avoid complicity. Finally, investorsshould take into consideration the symbolic and signallingeffects of an investment decision. This article discusses howthese responsibilities should be interpreted and also howthey play out in practice. Norway’s Government PensionFund is used as a case in point.

  18. An Overview of Materials Structures for Extreme Environments Efforts for 2015 SBIR Phases I and II

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2017-01-01

    Technological innovation is the overall focus of NASA's Small Business Innovation Research (SBIR) program. The program invests in the development of innovative concepts and technologies to help NASA's mission directorates address critical research and development needs for Agency projects. This report highlights innovative SBIR 2015 Phase I and II projects that specifically address areas in Materials and Structures for Extreme Environments, one of six core competencies at NASA Glenn Research Center. Each article describes an innovation, defines its technical objective, and highlights NASA applications as well as commercial and industrial applications. Ten technologies are featured: metamaterials-inspired aerospace structures, metallic joining to advanced ceramic composites, multifunctional polyolefin matrix composite structures, integrated reacting fluid dynamics and predictive materials degradation models for propulsion system conditions, lightweight inflatable structural airlock (LISA), copolymer materials for fused deposition modeling 3-D printing of nonstandard plastics, Type II strained layer superlattice materials development for space-based focal plane array applications, hydrogenous polymer-regolith composites for radiation-shielding materials, a ceramic matrix composite environmental barrier coating durability model, and advanced composite truss printing for large solar array structures. This report serves as an opportunity for NASA engineers, researchers, program managers, and other personnel to learn about innovations in this technology area as well as possibilities for collaboration with innovative small businesses that could benefit NASA programs and projects.

  19. 77 FR 13683 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2012-03-07

    ... Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY: Federal...-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting Forum (ACF) to discuss... Charting Forum. BILLING CODE M ...

  20. Cambodia Development Research Forum II | IDRC - International ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Cette subvention permet au Cambodia Development Resource Institute de collaborer avec sept partenaires pour poursuivre les travaux du Cambodia Development Research Forum. Les idées maîtresses du forum sont le fruit d'une rencontre, en 2007, de tous les groupes et particuliers subventionnés par le CRDI au ...

  1. 2009 SREB State Leadership Forum Report

    Science.gov (United States)

    Southern Regional Education Board (SREB), 2009

    2009-01-01

    The Southern Regional Education Board (SREB) Learning-Centered Leadership Program hosted its sixth Annual State Leadership Forum May 7 and 8, 2009, in Atlanta. More than 160 education leaders, district officials and policymakers from 25 states attended the forum to hear from practitioners who are getting results in student learning amidst…

  2. The Copenhagen Forum 1996-2016

    DEFF Research Database (Denmark)

    Ry Nielsen, Jens Carl; Raine, John

    2016-01-01

    Purpose: This chapter tells the story of the initiation, development (over two decades) and collective contribution of the Copenhagen Forum since its foundation in 1996. This Forum comprises a grouping of teachers and directors of masters-level public administrative programmes (notably the MPA) f...

  3. The forum as a friend: parental mental illness and communication on open Internet forums.

    Science.gov (United States)

    Widemalm, My; Hjärthag, Fredrik

    2015-10-01

    The aim of this study was to identify how daughters or sons to parents suffering from mental illness perceive their situation. The objective was to provide new knowledge based on what they communicate on open Internet forums. The sample consisted of forum posts written by individuals who reported that they had mentally ill parents. Data collection comprised 301 comments from 35 forum threads on 5 different Swedish Internet forums, and predetermined inclusion criteria were used. Data were analyzed qualitatively using thematic analysis. The analysis generated four themes: "Caregiver burden," "Knowledge seeking," "Support from the forum," and "Frustration and powerlessness over health care." The results showed that parents' mental illness affected the forum writers on several levels, and they often felt stigmatized. The writers often lacked knowledge of their parents' mental illness and sought out Internet forums for information and support from peers in similar situations. The psychiatric care given to the parents was a source of dissatisfaction among the forum writers, who often felt that their parents did not receive adequate care. This study shows that fear of stigmatization and perceived lack of care and support caused forum writers to anonymously seek out Internet forums for information and support from others with similar experiences. The role of social support and the attractiveness of anonymity and availability typical for open Internet forums ought to be considered by health care professionals and researchers when developing new ways for providing support for children or adolescents with a mentally ill parent.

  4. Understanding investors' decisions to purchase innovative products : Drivers of adoption timing and range

    NARCIS (Netherlands)

    Hoffmann, A.O.I.; Broekhuizen, T.L.J.

    2010-01-01

    This paper integrates findings from marketing and finance literature to increase our understanding of consumers' decisions to purchase innovative investment products. Two different surveys administered to individual investors examine the psychological and sociological drivers of dispositional

  5. Professional versus family management in Brazilian fashion retail companies: exploring value-investors' perceptions

    National Research Council Canada - National Science Library

    Clarice Secches Kogut; Denise Fleck

    2017-01-01

    ... of management might have delivering longterm performance and value creation to shareholders. Six investors from top value investment funds were interviewed regarding the management of seven fashion retail Brazilian companies...

  6. Information and Heterogeneous Beliefs: Cost of Capital, Trading Volume, and Investor Welfare

    DEFF Research Database (Denmark)

    Christensen, Peter Ove; Qin, Zhenjiang

    In an incomplete market setting with heterogeneous prior beliefs, we show that public information can have a substantial impact on the ex ante cost of capital, trading volume, and investor welfare. In a model with exponential utility investors and an asset with a normally distributed dividend......, the Pareto efficient public information system is the system which enjoys the maximum ex ante cost of capital, and the maximum expected abnormal trading volume. The public information system facilitates improved dynamic trading opportunities based on heterogeneously updated posterior beliefs in order to take...... information system. In an effectively complete market setting, in which investors do not need to trade dynamically in order to take full advantage of their differences in beliefs, the ex ante cost of capital and the investor welfare are both higher than in the incomplete market setting...

  7. Lacking Community Out-Reach of Chinese Mining Investors in the Arctic

    DEFF Research Database (Denmark)

    Zeuthen, Jesper Willaing

    and Arctic Canada, potential Chinese investors have been met with even more suspicion than elsewhere. National governments are worried about what state owned Chinese investors will mean for their control over national resources while local governments and the public fear what Chinese investors will mean...... for labour conditions and local environment. They fear a lack of social corporate responsibility (CSR) from Chinese investors. This paper assumes that the possible interest in Arctic mineral resources by the Chinese state combined with a strong demand from Greenland and Canada would make the Arctic a most...... likely place for a Chinese strategic move towards increased focus on gaining good-will by delivering above law requirements on issues of importance for local communities, i.e.: environmental protection, work places, labour conditions and investments in infrastructure. The paper first studies whether...

  8. A PLS Approach to Measuring Investor Sentiment in Chinese Stock Market

    Directory of Open Access Journals (Sweden)

    Gang He

    2017-01-01

    Full Text Available We select five objective sentiment indicators and one subjective sentiment indicator to build investor sentiment composite index in Chinese stock market by using the partial least squares. The reason why we do that is to improve the shortcomings of the principal component analysis, which was adopted to build investor sentiment composite index in the pioneering research. Moreover, due to the large proportion of individual investors in Chinese stock market and the rapid change of investor sentiment, we innovatively use the weekly data with smaller information granularity and higher frequency. Through empirical tests for its reasonability and market’s predictive capability, we find that this index appears to fit the data better and improves prediction.

  9. Principle guided investing: the use of negative screens and its implications for green investors

    OpenAIRE

    Arx, Urs von

    2005-01-01

    In recent years Socially Responsible Investment (SRI) has received considerable attention from both private investors as well as pension funds. Despite this proliferation in interest, several topics are still unresolved, namely selection methods, performance and effects regarding sustainability. This paper examines how green investors can induce firms to invest in cleaner production technology by using exclusionary investment screens. SRI is more likely to be successful when abatement costs a...

  10. Investment Preference and Strategies of Foreign Institutional Investors Across Different Industries in Taiwan

    OpenAIRE

    Mei-Ling Chen; Fu-Lai Lin; Mei-Chin Hung; Kai-Li Wang

    2009-01-01

    This paper investigates the investment preference of foreign institutional investors across different industries in Taiwanese stock market. By employing the idea of Fama and French (1992) three-factor model with investment strategy, the investment preference is a function of beta value, company size, book-market ratio and investment strategy. Our empirical results find that foreign institutional investors in all five industries adopt momentum strategies in their investment preference. Next, i...

  11. Empirical evidence on risk aversion for individual romanian capital market investors

    OpenAIRE

    Cristian PAUN; Radu MUSETESCU; Iulian BRASOVEANU; Alina DRAGHICI

    2008-01-01

    The evolution of stock prices is influenced by the expectations of investors regarding the earning prospects associated to each listed company. One of the key elements of investment decision is the positive relationship between risk and return. Risky securities are preferred to less risky ones only if there is a higher pay-off in the long run that could compensate the investors. The previous studies proved that expected return direct correlated with risk and, due to the presence of risk avers...

  12. Automated System for Aneuploidy Detection in Sperm Final Report CRADA No. TC-1364-96: Phase I SBIR

    Energy Technology Data Exchange (ETDEWEB)

    Wyrobek, A. J. [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States); Dunlay, R. T. [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States)

    2017-10-19

    This project was a relationship between Lawrence Livermore National Laboratory (LLNL) and Biological Detection, Inc. (now known as Cellomics, Inc.) It was funded as a Phase I SBIR from the National Institutes of Health (NIH) awarded to Cellomics, Inc. with a subcontract to LLNL.

  13. 77 FR 23228 - Notice of Submission for OMB Review; Small Business Innovation Research (SBIR) Program-Phase II...

    Science.gov (United States)

    2012-04-18

    ... Public Law 106-554, the ``Small Business Reauthorization Act of 2000, H.R. 5667'' enacted on December 21... Notice of Submission for OMB Review; Small Business Innovation Research (SBIR) Program--Phase II--Grant Application Package SUMMARY: This application package invites small business concerns to submit a Phase II...

  14. 77 FR 23229 - Submission for OMB Review; Small Business Innovation Research (SBIR) Program-Phase I-Grant...

    Science.gov (United States)

    2012-04-18

    ... Law 106- 554, the ``Small Business Reauthorization Act of ] 2000, H.R. 5667'' enacted on December 21... Submission for OMB Review; Small Business Innovation Research (SBIR) Program--Phase I--Grant Application Package SUMMARY: This application package invites small business concerns to submit a Phase I application...

  15. An Overview of In-Space Propulsion and Cryogenics Fluids Management Efforts for 2014 SBIR Phases I and II

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2016-01-01

    NASA's Small Business Innovation Research (SBIR) program focuses on technological innovation by investing in the development of innovative concepts and technologies to help NASA's mission directorates address critical research and development needs for Agency programs. This report highlights 11 of the innovative SBIR 2014 Phase I and II projects from 2010 to 2012 that focus on one of NASA Glenn Research Center's six core competencies-In-Space Propulsion and Cryogenic Fluids Management. The technologies cover a wide spectrum of applications such as divergent field annular ion engines, miniature nontoxic nitrous oxide-propane propulsion, noncatalytic ignition systems for high-performance advanced monopropellant thrusters, nontoxic storable liquid propulsion, and superconducting electric boost pumps for nuclear thermal propulsion. Each article describes an innovation and technical objective and highlights NASA commercial and industrial applications. This report provides an opportunity for NASA engineers, researchers, and program managers to learn how NASA SBIR technologies could help their programs and projects, and lead to collaborations and partnerships between the small SBIR companies and NASA that would benefit both.

  16. SBIR and STTR Program for Assistive Technology Device Development: Evaluation of Impact Using an ICF-Based Classification

    Science.gov (United States)

    Bauer, Stephen M.; Arthanat, Sajay

    2010-01-01

    The purpose of this paper was to evaluate the impact of Small Business Innovation Research (SBIR) and Small Business Technology Transfer Research (STTR) grant programs of 5 federal agencies National Institutes of Health (NIH), National Science Foundation (NSF), U.S. Department of Education (USDE), U.S. Department of Agriculture (USDA), and…

  17. Attractiveness of Serbian retail industry for foreign investors with reference to the company Delhaize Group

    Directory of Open Access Journals (Sweden)

    Stankov Biljana

    2016-01-01

    Full Text Available Trade in Serbia is a very attractive economic area for foreign investors. After the manufacturing sector, this area attracted the most foreign investors in the recent years. By participating in macroeconomic indicators of the Serbian economy, trade contributes to the intensification of country's economic growth and development and FDI inflows increase, and thus the promotion of capital accumulation. Since 2000 when Serbia faced more intensive coming of foreign investors, retail industry attracted a significant number of foreign investors. Apart from bringing fresh capital, these investors contributed to the development of modern forms of retail trade, as well as the reorientation of retailers who are now increasingly concerned about the needs and wishes of consumer. As a result, they put aside the range and characteristics of the products they sell. One of the biggest foreign investors in Serbia, and certainly the most powerful participant in the retail market, Delhaize Group is a company based in Belgium. Recognizing the benefits of retail trade in Serbia, as well as excellent prospects of its future development, Delhaize Group took advantage of a favorable opportunity and invested in the purchase of the retail chain Delta Maxi, a former regional leader. Consequently, it achieved the biggest market share and enter into competition with other powerful companies such as Agrokor, Mercator and Metro. Delhaize Group is certainly a leading retailer of food and other products in Southeast Europe and in the United States, but it also appears to be a leader of sustainable and ethical business in its field.

  18. Investor-State Dispute Settlement Mechanism: The Quest for a Workable Roadmap

    Directory of Open Access Journals (Sweden)

    Sachet Singh

    2013-01-01

    Full Text Available The last decade has witnessed an unprecedented increase in the use of investor-State arbitration, highlighting numerous shortcomings of the existing investor-State dispute settlement system. The legitimacy of the International Investment regime has been under severe criticism due to the growing discontent amongst the investors as well as the host States. The increased litigation has led to both the process and the outcome being questioned and has undermined the growth of harmonious relationships between foreign investors and host States. The object of this paper is to explore a workable roadmap for the investor-State dispute settlement mechanism by tracing the evolution of the existing system and by analysing the dispute settlement mechanism in major international investment agreements. Furthermore, it highlights the causes and the possible consequences of the denunciation of Bilateral Investment Treaties ('BITs' and the International Centre for Settlement of Investment Disputes ('ICSID' by host nations, which have been plagued by a myriad of investment suits. The authors suggest the need for doing away with highly protective investor-State dispute settlement mechanisms ('ISDSMs' in future investment agreements and recommend the need for designing an appellate mechanism for bringing consistency and predictability to the system.

  19. SBIR Technology Applications to Space Communications and Navigation (SCaN)

    Science.gov (United States)

    Liebrecht, Phil; Eblen, Pat; Rush, John; Tzinis, Irene

    2010-01-01

    This slide presentation reviews the mission of the Space Communications and Navigation (SCaN) Office with particular emphasis on opportunities for technology development with SBIR companies. The SCaN office manages NASA's space communications and navigation networks: the Near Earth Network (NEN), the Space Network (SN), and the Deep Space Network (DSN). The SCaN networks nodes are shown on a world wide map and the networks are described. Two types of technologies are described: Pull technology, and Push technologies. A listing of technology themes is presented, with a discussion on Software defined Radios, Optical Communications Technology, and Lunar Lasercom Space Terminal (LLST). Other technologies that are being investigated are some Game Changing Technologies (GCT) i.e., technologies that offer the potential for improving comm. or nav. performance to the point that radical new mission objectives are possible, such as Superconducting Quantum Interference Filters, Silicon Nanowire Optical Detectors, and Auto-Configuring Cognitive Communications

  20. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Photo 01: Thérèse Wolf, Secretary of Forum Engelberg; Alain Hervé; Horst Wenninger; and Alexander Höchli, Forum member and former Landammann of the canton of Obwalden, at the CMS detector's assembly site.

  1. Suisse Romande forum meets at CERN

    CERN Document Server

    2005-01-01

    The subject of the «Forum des 100» meeting held at CERN on 9 June was «Suisse Romande: Une région en quête de succès» (a region in search of success). Organised by the magazine l'Hebdo and the Rezonance.ch association, the forum was attended by numerous representatives from politics, industry and education and consisted of a day of lectures and debates. Pascal Couchepin, Head of the Swiss Federal Department of Home Affairs, and Luc Ferry, philosopher and former French Education Minister, were among those who took part in the forum.

  2. 77 FR 15398 - Attentive Driving: Countermeasures for Distraction Forum

    Science.gov (United States)

    2012-03-15

    ... SAFETY BOARD Attentive Driving: Countermeasures for Distraction Forum The National Transportation Safety Board (NTSB) will convene a forum, Attentive Driving: Countermeasures for Distraction, which will begin... the forum, and all five NTSB Board Members will serve as members of the Board of Inquiry. The forum is...

  3. Hyperemesis Gravidarum | Isaacs | Obstetrics and Gynaecology Forum

    African Journals Online (AJOL)

    Obstetrics and Gynaecology Forum. Journal Home · ABOUT · Advanced Search · Current Issue · Archives · Journal Home > Vol 17, No 4 (2007) >. Log in or Register to get access to full text downloads.

  4. Low-level waste forum meeting reports

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1992-12-31

    This report provides highlights from the 1992 fall meeting of the Low LEvel Radioactive Waste Forum. Topics included: disposal options after 1992; interregional agreements; management alternatives; policy; and storage.

  5. Low-level waste forum meeting reports

    Energy Technology Data Exchange (ETDEWEB)

    Sternwheeler, W.D.E.

    1992-12-31

    This paper provides highlights from the 1992 winter meeting of the Low Level Radioactive Wastes Forum. Topics of discussion included: legal information; state and compact reports; freedom of information requests; and storage.

  6. Titaanide heitlus: Forum Cinemas vs Cinamon

    Index Scriptorium Estoniae

    2009-01-01

    Cinamon Group avab Solarise keskuses uue Cinamoni kinoketti kuuluva kino, mis konkureerib Coca-Cola Plazaga (võrdlev tabel, allikad: Cinamoni turundusjuht Evelyn Laar ja Forum Cinemas' levijuhi asetäitja Timo Diener)

  7. Competition, Regulation and Development Research Forum ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Institution. CUTS International. Institution Country. United Kingdom. Institution Website. http://www.cuts-london.org. Outputs. Evaluations. External review of project "Competition, Regulation and Development Research Forum (CDRF) : Competition and Regulatory Implementation Issues in Developing Countries" : final report.

  8. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrive Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Photo 01: CERN Director-General Prof. Luciano Maiani (left) speaks to Forum members and public figures from the Geneva area during the visit. In the background is Jean-Claude Landry from the Department of the Interior, Agriculture and Environment, State of Geneva. Photo 02: CERN Director-General Prof. Luciano Maiani (left) speaks to Forum members and public figures from the Geneva area during the visit. In the background is Bernard Ecoffey, Founder of the Forum Engelberg.

  9. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. He is seen here (right) in discussion with Bernard Ecoffey, Founder of the Forum Engelberg.

  10. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. He is pictured here (right) alongside CERN Director-General Prof. Luciano Maiani during the visit of Forum members to CERN.

  11. THE ATTRACTIVENESS OF ROMANIA FOR VENTURE CAPITAL AND PRIVATE EQUITY INVESTORS

    Directory of Open Access Journals (Sweden)

    BUZILǍ Brîndușa Maria

    2012-06-01

    Full Text Available This report examines Romania’s attractiveness for investors in terms of each of the six key drivers suggested by Groh, et al (2010 study: Economic Activity, Depth of Capital Market, Taxation, Investor Protection and Corporate Governance, Human and Social Environment, and Entrepreneurial Culture. The findings indicate that final position in Groh’s - The attractiveness of 27 European countries for Venture Capital and private Equity investors - top is justified. Nevertheless, the Romanian decision-makers managed, through considerable efforts, by means of various programs developed together with several European and international institutions, to create certain opportunities of improvement of the Romanian entrepreneurial environment and stimulation of innovation. This paper has certain limits; therefore the future research in this field might lead to a more thorough analysis of the difficulties that Romania faces in attracting private equity investors. The methods employed have in view the results from the literature in this field regarding the research issue, the US Commercial Service’s recommendations (Doing Business in Romania: 2013 and various statistics. Competent opinions in this field have been analyzed: investors, authorities, organizations, institutions.

  12. Pengaruh Tingkat Adopsi IFRS dan Proteksi Investor terhadap Persistensi Laba: Analisis Lintas Negara Emerging Markets

    Directory of Open Access Journals (Sweden)

    Ikrima Shobriati

    2016-12-01

    Full Text Available Abstract. The purpose of this study is to provide empirical evidence about the effect of IFRS adoption and investor protection on earnings persistence. Based on prior studies, there are some problems that existed in the accounting practices in emerging markets such as less an accountant who have good qualifications, incomplete accounting information or inaccuracy of time in preparing financial statements, the lack of accounting data that are used for internal management incentives, the lack of legislation, auditing standards and procedure of accounting standards and this issues will can affect the quality of accounting information that reported in financial statements. So this view initiate to investigate extensively about the effect of institutional factors on earnigs persistence.This study uses panel data with 12.903 firm-year observations in emerging markets evidence from 2011 to 2013. To measure IFRS adoption uses score based on three distinctions of the type from IFRS adoption in respective countries. And then for dependent variable in this study is earnings persistence. While for the investor protection uses strength of investor protection index proxy from World Bank.The findings imply that in the context of emerging markets, IFRS adoption is not associated with future earnings persistence. While a stronger investor protection in the country significantly correlated with greater earnings persistence. Keywords: IFRS adoption, investor protection, earnings persistence, emerging markets, properties of earnings

  13. Islamic and conventional bank market value: Manager behavior and investor sentiment

    Directory of Open Access Journals (Sweden)

    Mouna Abdelhedi-Zouch

    2016-12-01

    Full Text Available This paper studies the effect of bank manager behavior and investor behavior on market value of Islamic and conventional banks in the Middle East and North Africa region. Firstly, our analysis denoted the positive effect of discretionary behavior of manager on both types of banks on share prices since discretionary behavior transmits to investor a positive signal of future earnings’ prospects. Also, we find that the conventional bank stock prices response is very high to negative signal compared with positive signal. This result is explained by prospect theory and loss aversion bias which specified that individuals are more sensitive to losses than gains of same magnitude. In particular, we discover that the negative effect of non-discretionary behavior is much lower on Islamic bank value since investors give more confidence to Islamic bank because they are motivated by the idea that Islamic banks are safer than conventional banks. Secondly, the results show that investor sentiment affects significantly both bank market prices. Thus, both Islamic and conventional banks’ market value depends similarly on manager and investor behavior. The implication of this paper is that Islamic bank concentrations reveal a positive effect on their price values because of the recently increased investments in Islamic banks.

  14. Financial statistics of major US investor-owned electric utilities 1992

    Energy Technology Data Exchange (ETDEWEB)

    1993-12-28

    The Financial Statistics of Major US Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues. The Financial Statistics of Major US Investor-Owned Electric Utilities publication provides information about the financial results of operations of investor-owned electric utilities for use by government, industry, electric utilities, financial organizations and educational institutions in energy planning. In the private sector, the readers of this publication are researchers and analysts associated with the financial markets, the policymaking and decisionmaking members of electric utility companies, and economic development organizations. Other organizations that may be interested in the data presented in this publication include manufacturers of electric power equipment and marketing organizations. In the public sector, the readers of this publication include analysts, researchers, statisticians, and other professionals engaged in regulatory, policy, and program areas. These individuals are generally associated with the Congress, other legislative bodies, State public utility commissions, universities, and national strategic planning organizations.

  15. The Virtual Astronomical Observatory Users Forum

    Science.gov (United States)

    Muench, August A.; Emery Bunn, S.; Astronomical Observatory, Virtual

    2013-01-01

    We present the online forum astrobabel.com, which has the goal of being a gathering place for the collective community intelligence about astronomical computing. The audience for this forum is anyone engaged in the analysis of astronomical or planetary data, whether that data be observational or theoretical. It is a free, community driven site where discussions are formulated primarily around the "question and answer" format. Current topics on the forum range from “Is there a photometry package in Python?” to “Where are the support forums for astronomy software packages?” and “Why is my SDSS SkyQuery query missing galaxies?” The poster will detail the full scope of discussions in the forum, and provide some basic guidelines for ensuring high quality forum posts. We will highlight the ways astronomers can discover and participate in discussions. Further, we view this as an excellent opportunity to gather feedback and feature requests from AAS221 attendees. Acknowledgement: The Virtual Astronomical Observatory (VAO) is managed by the VAO, LLC, a non-profit company established as a partnership of the Associated Universities, Inc. and the Association of Universities for Research in Astronomy, Inc. The VAO is sponsored by the National Science Foundation and the National Aeronautics and Space Administration.

  16. An explanatory study of the use of e-mail investor communication by South African listed companies

    OpenAIRE

    Roelof Baard; George Nel

    2016-01-01

    Background: Although research shows that almost all listed companies have corporate websites with dedicated investor relations (IR) sections that enable companies to ‘push’ information to investors, it was argued that such an asymmetrical approach to communication is insufficient for companies wishing to exercise good IR. The purpose of this study was to test the effectiveness of the Internet to act as a mechanism to achieve more interactive communication between companies and investors.Objec...

  17. Ambiguity and Investment Decisions: An Empirical Analysis on Mutual Fund Investor Behaviour

    Directory of Open Access Journals (Sweden)

    Chao Tang

    2017-09-01

    Full Text Available The paper empirically studies the relationship between ambiguity and mutual fund investor behaviour. Theoretical models for investment decisions incorporating ambiguity motivate our analyses. While the models indicate that investors would less likely to invest in financial markets when ambiguity increases, there is rare empirical evidence in natural occurring financial data to examine this hypothesis. In this paper, we test the hypothesis with equity fund flow data as for investment decisions and ambiguity with the degree of disagreement in equity analysts’ prediction about asset returns. Our results support the hypothesis that increases in ambiguity could lead to less fund flows and this result remains consistently when adding various control variables affecting fund flows. Besides, we find that heterogeneous impacts of ambiguity: equity funds with high yield targets and active management style are affected more than funds investing in stable stocks; funds with larger proportion of institutional investors are more sensitive and affected by the ambiguity.

  18. DOE SBIR Phase II Final Report: Distributed Relevance Ranking in Heterogeneous Document Collections

    Energy Technology Data Exchange (ETDEWEB)

    Abe Lederman

    2007-01-08

    This report contains the comprehensive summary of the work performed on the SBIR Phase II project (“Distributed Relevance Ranking in Heterogeneous Document Collections”) at Deep Web Technologies (http://www.deepwebtech.com). We have successfully completed all of the tasks defined in our SBIR Proposal work plan (See Table 1 - Phase II Tasks Status). The project was completed on schedule and we have successfully deployed an initial production release of the software architecture at DOE-OSTI for the Science.gov Alliance's search portal (http://www.science.gov). We have implemented a set of grid services that supports the extraction, filtering, aggregation, and presentation of search results from numerous heterogeneous document collections. Illustration 3 depicts the services required to perform QuickRank™ filtering of content as defined in our architecture documentation. Functionality that has been implemented is indicated by the services highlighted in green. We have successfully tested our implementation in a multi-node grid deployment both within the Deep Web Technologies offices, and in a heterogeneous geographically distributed grid environment. We have performed a series of load tests in which we successfully simulated 100 concurrent users submitting search requests to the system. This testing was performed on deployments of one, two, and three node grids with services distributed in a number of different configurations. The preliminary results from these tests indicate that our architecture will scale well across multi-node grid deployments, but more work will be needed, beyond the scope of this project, to perform testing and experimentation to determine scalability and resiliency requirements. We are pleased to report that a production quality version (1.4) of the science.gov Alliance's search portal based on our grid architecture was released in June of 2006. This demonstration portal is currently available at http://science.gov/search30

  19. Equity Capital and Restructuring of Cooperatives as Investor-Oriented Firms

    OpenAIRE

    Lee F. Schrader

    1989-01-01

    The inability of financially successful cooperatives to recognize appreciation of patron’s equity creates a dilemma for cooperative members. The value of an enterprise as an investor-oriented firm may exceed the value of patron’s participation in a limited patronage horizon. This difference has been a factor in the decision of several cooperatives to restructure wholly or partially as investor-oriented firms. Reasons for valuation differences are discussed and related to six cases of coop...

  20. MACROECONOMIC OUTLOOK THROUGH THE EYES OF INVESTORS: FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENT

    Directory of Open Access Journals (Sweden)

    Olivera Ecaterina OROS

    2014-05-01

    Full Text Available A country's economy growth is depending on the investments, either direct or indirect, made in it. Also, the level of the foreign direct investments is a relevant indicator for other potential investors. While lenders are looking at the financial statement to understand the company's ability to repay debt, the investors are looking at the financial statements to understand the company's ability to grow. The IASB's Conceptual framework for financial reporting offers a standardized model of financial statement that is about to change.

  1. Investor reaction to strategic emphasis on earnings numbers: An empirical study

    Directory of Open Access Journals (Sweden)

    M. Shibley Sadique

    2013-10-01

    Full Text Available We analyze the earnings information and stock prices of S&P500 firms and find that investors following S&P500 stocks (i respond more to pro forma earnings than to GAAP earnings, (ii respond to an emphasis on pro forma earnings, and (iii are fixated on pro forma earnings. We provide the first direct evidence that a strategic emphasis on earnings numbers may affect return volatility. Further, our results do not support the argument that a larger investor response to Street earnings might be driven by large differences between the Street numbers and GAAP numbers.

  2. Evaluation of an online medical teaching forum.

    Science.gov (United States)

    Ravindran, Rahul; Kashyap, Mavin; Lilis, Lydia; Vivekanantham, Sayinthen; Phoenix, Gokulan

    2014-07-01

    Social media is increasingly being used for teaching and assessment. We describe the design and implementation of a Facebook© teaching forum for medical students, and evaluate its effectiveness. A Facebook© teaching forum was set up in a London Hospital to assist with learning and assessment for undergraduate medical students. An independent online survey was used to collate their experiences. Accessibility to the forum, usefulness in stimulating peer-to-peer discussion and the use of weekly formative assessments were evaluated using a Likert scale. In total, 91 per cent (n=68/75) of students who had Facebook© joined the teaching forum. The majority of students completed the questionnaire (n=39/68, 57%). All students visited the teaching forum group at least once a week. A significant proportion attempted all 10 question sets (n=16/39, 41%). Students felt more comfortable asking questions in the forum than in ward rounds and clinics (n=22/39, 56%). The general consensus was that Facebook© could be used for educational purposes, with just 5 per cent of students (n=2/39) thinking that Facebook© should only be used socially and with 92 per cent believing that the forum helped to achieve the learning objectives of the curriculum (n=36/39). Facebook© provides a safe environment for learning and discussion amongst medical undergraduates undergoing their clinical attachments. Furthermore, through formative assessments set by a medical educator, it provides a useful revision tool for summative assessments and reinforces knowledge learned through conventional teaching methods. © 2014 John Wiley & Sons Ltd.

  3. An Overview of Communications Technology and Development Efforts for 2015 SBIR Phase I

    Science.gov (United States)

    Nguyen, Hung D.; Steele, Gynelle C.

    2017-01-01

    This report highlights innovative SBIR 2015 Phase I projects specifically addressing areas in Communications Technology and Development which is one of six core competencies at NASA Glenn Research Center. There are fifteen technologies featured with emphasis on a wide spectrum of applications such as novel solid state lasers for space-based water vapor dial; wide temperature, high voltage and energy density capacitors for aerospace exploration; instrument for airborne measurement of carbonyl sulfide; high-power tunable seed laser for methane Lidar transmitter; ROC-rib deployable ka-band antenna for nanosatellites; a SIC-based microcontroller for high-temperature in-situ instruments and systems; improved yield, performance and reliability of high-actuator-count deformable mirrors; embedded multifunctional optical sensor system; switching electronics for space-based telescopes with advanced AO systems; integrated miniature DBR laser module for Lidar instruments; and much more. Each article in this booklet describes an innovation, technical objective, and highlights NASA commercial and industrial applications. space-based water vapor dial; wide temperature, high voltage and energy density capacitors foraerospace exploration; instrument for airborne measurement of carbonyl sulfide; high-power tunable seed laser formethane Lidar transmitter; ROC-rib deployable ka-band antenna for nanosatellites.

  4. Turnable Semiconductor Laser Spectroscopy in Hollow Optical Waveguides, Phase II SBIR

    Energy Technology Data Exchange (ETDEWEB)

    Gregory J. Fetzer, Ph.D.

    2001-12-24

    In this study a novel optical trace gas sensor based on a perforated hollow waveguide (PHW) was proposed. The sensor has been given the acronym ESHOW for Environmental Sensor using Hollow Optical Waveguides. Realizations of the sensor have demonstrated rapid response time (<2s), low minimum detection limits (typically around 3 x 10-5 absorbance). Operation of the PHW technology has been demonstrated in the near-infrared (NIR) and mid0infrared (MIR) regions of the spectrum. Simulation of sensor performance provided in depth understanding of the signals and signal processing required to provide high sensitivity yet retain rapid response to gas changes. A dedicated sensor electronics and software foundation were developed during the course of the Phase II effort. Commercial applications of the sensor are ambient air and continuous emissions monitoring, industrial process control and hazardous waste site monitoring. There are numerous other applications for such a sensor including medical diagnosis and treatment, breath analysis for legal purposes, water quality assessment, combustion diagnostics, and chemical process control. The successful completion of Phase II resulted in additional funding of instrument development by the Nations Institute of Heath through a Phase I SBIR grant and a strategic teaming relationship with a commercial manufacture of medical instrumentation. The purpose of the NIH grant and teaming relationship is to further develop the sensor to monitor NO in exhaled breath for the purposes of asthma diagnosis.

  5. DoE Phase II SBIR: Spectrally-Assisted Vehicle Tracking

    Energy Technology Data Exchange (ETDEWEB)

    Villeneuve, Pierre V. [Space Computer Corporation, Los Angeles, CA (United States)

    2013-02-28

    The goal of this Phase II SBIR is to develop a prototype software package to demonstrate spectrally-aided vehicle tracking performance. The primary application is to demonstrate improved target vehicle tracking performance in complex environments where traditional spatial tracker systems may show reduced performance. Example scenarios in Figure 1 include a) the target vehicle obscured by a large structure for an extended period of time, or b), the target engaging in extreme maneuvers amongst other civilian vehicles. The target information derived from spatial processing is unable to differentiate between the green versus the red vehicle. Spectral signature exploitation enables comparison of new candidate targets with existing track signatures. The ambiguity in this confusing scenario is resolved by folding spectral analysis results into each target nomination and association processes. Figure 3 shows a number of example spectral signatures from a variety of natural and man-made materials. The work performed over the two-year effort was divided into three general areas: algorithm refinement, software prototype development, and prototype performance demonstration. The tasks performed under this Phase II to accomplish the program goals were as follows: 1. Acquire relevant vehicle target datasets to support prototype. 2. Refine algorithms for target spectral feature exploitation. 3. Implement a prototype multi-hypothesis target tracking software package. 4. Demonstrate and quantify tracking performance using relevant data.

  6. 76 FR 27738 - Order of Suspension of Trading; In the Matter of Diversified Investors Corp. (n/k/a Diverse...

    Science.gov (United States)

    2011-05-12

    ... COMMISSION Order of Suspension of Trading; In the Matter of Diversified Investors Corp. (n/k/a Diverse Holdings Corp.), Drew Resources (n/k/a Galloway Energy, Inc.), DTI Medical Corp., DTLL, Inc. (n/k/a... Diversified Investors Corp. (n/k/a Diverse Holdings Corp.) because it has not filed any periodic reports since...

  7. Equilibrium in Securities Markets with Heterogeneous Investors and Unspanned Income Risk

    DEFF Research Database (Denmark)

    Christensen, Peter Ove; Larsen, Kasper; Munk, Claus

    We provide the first closed-form solution for the equilibrium risk-free rate and the equilibrium stock price in a continuous-time economy with heterogeneous investor preferences and unspanned income risk. We show that lowering the fraction of income risk spanned by the market produces a lower equ...

  8. effect of poverty on risk attitude of rural women investors in osun

    African Journals Online (AJOL)

    Dr Mrs Ayinde

    ABSTRACT. In investments, profit is the main reward for risk bearing. A riskless business may promote poverty. Poverty influences the capacities and willingness to acquire new knowledge and apply new technologies. This study sought mainly to determine the effect of poverty on risk attitude of rural women investors.

  9. 77 FR 68854 - Highland Associates, Inc. and Financial Investors Trust; Notice of Application

    Science.gov (United States)

    2012-11-16

    ... amending Subadvisory Agreements. \\5\\ A ``Multi-manager Notice'' will be modeled on a Notice of Internet... majority of the company's outstanding voting securities. Rule 18f-2 under the Act provides that each series... that, from the perspective of the investor, the role of the Subadvisers is substantially equivalent to...

  10. How investor perceptions drive actual trading and risk-taking behavior

    NARCIS (Netherlands)

    Hoffmann, A.O.I.; Post, T.; Pennings, J.M.E.

    2015-01-01

    Recent work in behavioral finance showed how investors' perceptions (i.e., return expectations, risk tolerance, and risk perception) affect hypothetical trading and risk-taking behavior. However, are such perceptions also capable of explaining actual trading and risk-taking behavior? To answer this

  11. The role of institutional investors in promoting long-term value ...

    African Journals Online (AJOL)

    ... capital markets is owned by a concentrated group of mutual funds (collective investment schemes), pension plans, and other institutional investors such as hedge funds and medical aid schemes. Therefore the power to veto or at least control programs of raising dividends, increasing share buybacks, spinning off company ...

  12. Fanning the flames? : How media coverage of a price war impacts retailers, consumers and investors

    NARCIS (Netherlands)

    van Heerde, H.J.; Gijsbrechts, E.; Pauwels, K.

    2015-01-01

    This paper explores how media coverage of a price war impacts customer, retailer and investor reactions over time. Based on data covering a Dutch supermarket price war (2003–2005), the authors find that price reductions, and especially deep ones, trigger media coverage of the price conflict. This

  13. Investor sentiment and return comovements : Evidence from stock splits and headquarters changes

    NARCIS (Netherlands)

    Kumar, A.; Page, J.; Spalt, O.G.

    2013-01-01

    We examine whether the trading activities of retail and institutional investors cause comovements in stock returns. Around stock splits, retail trading correlations (RTCs) decrease with stocks in the presplit price range and increase with stocks in the post-split price range. These shifts in RTCs

  14. Equivalent risky allocation: The new ERA of risk measurement for heterogeneous investors

    NARCIS (Netherlands)

    Plunus, S.; Gillet, R.; Hübner, G.M.B.J.

    2015-01-01

    This paper introduces an investor-specific risk measure derived from the linear-exponential (linex) utility function. It combines the notions of risk perception and risk aversion. To make this measure interpretable and comparable with others like variance or value-at-risk, it is translated into an

  15. 77 FR 3294 - Comment Request for Study Regarding Financial Literacy Among Investors

    Science.gov (United States)

    2012-01-23

    ... respect to financial intermediaries, investment products, and investment services; the most useful and... engaging a financial intermediary or purchasing an investment product or service that is typically sold to... Request for Study Regarding Financial Literacy Among Investors AGENCY: Securities and Exchange Commission...

  16. Do investors and entrepreneurs match? : Evidence from The Netherlands and Sweden

    NARCIS (Netherlands)

    Polzin, Friedemann|info:eu-repo/dai/nl/413317404; Sanders, Mark|info:eu-repo/dai/nl/175620059; Stavlöt, Ulrika

    Entrepreneurs and investors face challenges in the 'thin market' for early stage entrepreneurial finance. Improving this situation has been a priority of policy makers for at least a decade, however, the challenges in this matching process are still poorly understood. Theory suggests that matching

  17. 13 CFR 107.1570 - Distributions by Licensee-optional Distribution to private investors and SBA.

    Science.gov (United States)

    2010-01-01

    ... private investors and SBA. If you have outstanding Participating Securities or Earmarked Assets, you may... Capital Impairment. (v) The Distribution does not reduce your Regulatory Capital (excluding commitments... contrary to section 303 of the Act. (2) SBA's share of Distribution. (i) If your Capital Impairment...

  18. Mean Reversion in Stock Prices: Implications for Long-Term Investors

    NARCIS (Netherlands)

    Spierdijk, L.; Bikker, J.A.

    2012-01-01

    This paper discusses the implications of mean reversion in stock prices for longterm investors such as pension funds. We start with a general definition of a meanreverting price process and explain how mean reversion in stock prices is related to mean reversion in stock returns. Subsequently, we

  19. A Portrait of Hedge Fund Investors: Flows, Performance and Smart Money

    NARCIS (Netherlands)

    G. Baquero; M.J.C.M. Verbeek (Marno)

    2005-01-01

    textabstractWe explore the flow-performance interrelation by explicitly separating the investment and divestment decisions of hedge fund investors. The results show that different determinants and evaluation horizons underlie both decisions. While money inflows are sensitive to past long-run

  20. Study on financial risk towards individual investor as strategy to improve urban community empowerment

    Science.gov (United States)

    Leon, F. M.; Aprilia, A.

    2018-01-01

    Investor will be always influenced by its risk tolerance when investing, each investor has own risk tolerance that differ to another, although this still being questioned until now. This research aimed to know the influence of demography factor in distinguish and classify Financial Risk Tolerance (FRT) and Financial Risk Taking Behavior (FRB) to individual investor. Methodology in this research is data that used as primary data which distributed by offline and online. The sample in this research is 642 respondents in Jakarta. Logistic regression is analyze method that used in this research. The research found that there is influence of gender, marital, status, education and income level to Financial Risk Tolerance (FRT) and Financial Risk Taking Behavior (FRB). For FRT significantly 0.000 for gender and marital status; 0.010 for education and 0.001 for income level. Whereas for FRB significantly 0.000 for gender; 0.003 for marital status and 0.010 for education level. The research contribution is crucial for financial advisor to notice the characteristic investor based on demography factor such as gender, marital, status, education level and income level. Therefore, this research able to give optional decision for appropriate investment to clients as ones of strategy to improve urban community empowerment.

  1. Stakeholder relations and stock returns : On errors in investors' expectations and learning

    NARCIS (Netherlands)

    Borgers, A.C.T.; Derwall, J.M.M.; Koedijk, C.G.; Ter Horst, J.R.

    2013-01-01

    A significant number of institutional investors publicly state the belief that corporate stakeholder relations are associated with firm value in a manner that the financial market fails to understand. We investigate whether stakeholder information predicted risk-adjusted returns due to errors in

  2. Implementasi Tanggung Jawab Investor Relations Pada Corporate Website 9 Perusahaan Fortune 2012

    OpenAIRE

    Rebecca, Patricia

    2013-01-01

    Penelitian ini dilakukan untuk mengetahui Implementasi Tanggung Jawab Investor Relations pada Corporate Website: 9 Perusahaan Terbaik Fortune Indonesia 2012 dengan menggunakan Metode Analisis Isi Kuantitatif. Sample penelitian ini merupakan corporate website dari 9 Perusahaan Fortune Indonesia Terbaik 2012, yaitu Perusahaan-Perusahaan tercatat dengan peringkat tertinggi dari setiap jenis industri berbeda menurut pembagian IDX (Indonesia Exchange Index). Penelitian ini dilakukan dengan menggun...

  3. THE IMPACT OF THE INTERNET ON TRADING – A THEORETICAL APPROACH ON THE INVESTOR

    OpenAIRE

    Marinoiu Ana Maria; Voicu-Dorobantu Roxana

    2009-01-01

    The paper presents the theories behind the impact of the Internet on financial trading from a theoretical approach of the attitude of the investor.The paper answersm by refering to international literature on the subject to questions such as: Why are the

  4. THE IMPACT OF THE INTERNET ON TRADING – A THEORETICAL APPROACH ON THE INVESTOR

    Directory of Open Access Journals (Sweden)

    Marinoiu Ana Maria

    2009-05-01

    Full Text Available The paper presents the theories behind the impact of the Internet on financial trading from a theoretical approach of the attitude of the investor.The paper answersm by refering to international literature on the subject to questions such as: Why are the

  5. Dutch investors and the drainage of Hatfield Chase, 1626 to 1656

    NARCIS (Netherlands)

    Cruijningen, van P.J.

    2016-01-01

    This article tries to disentangle the financial consequences of the drainage of Hatfield Chase by Sir Cornelius Vermuyden and a group of Dutch investors. Recently discovered documents in the Noord-Holland Archives at Haarlem throw a new light on this enterprise. They show that losses incurred by the

  6. Do executives' backgrounds matter to IPO investors? Evidence from the life science industry.

    Science.gov (United States)

    Chok, Jay; Qian, Jifeng

    2013-01-01

    In this study, we focus on the impact of senior executives' industry backgrounds on the amount of capital raised in the stock market. The primary contribution of the study entails applying the upper echelon theory to the initial public offering (IPO) phenomenon. Specifically, we hypothesize that the industry backgrounds of corporate executives affect the amount of capital that the firm raised in the primary stock market. We argue that the firm's future investment strategies are unobserved by the investors ex-ante and investors expect firms' investment strategies to be based on the executives' industry backgrounds. As a result, the executives' industry backgrounds influence the investors' expectations about what investment strategies the firm is likely to deploy. Furthermore, the above logic also suggests that executives of different industry backgrounds should prefer different investment strategies corresponding with demand for different amount of capital. As a result, we expect the industry backgrounds to covary with the capital raised from both the supply and demand perspectives. To test the hypotheses, we ran a reduced econometric model wherein the executives' background predicts the amount of capital raised. Regression analyses suggest that the capital raised is negatively associated with the number of senior executives with prior career experience in the healthcare and genomic sectors but positively associated with the number of senior executives with prior career experience in regulatory affairs. The results provide tentative support for the notion that investors infer corporate strategies from senior executives' industry backgrounds.

  7. The Impact of Conventional and Unconventional Monetary Policy on Investor Sentiment

    DEFF Research Database (Denmark)

    Lutz, Chandler

    2015-01-01

    the fed funds rate is at its zero lower bound, research results indicate that expansionary unconventional monetary policy shocks also have a large and positive impact on investor mood. Together, our findings highlight the importance of both conventional and unconventional monetary policy...

  8. 77 FR 22622 - AP Henderson Group, BPO Management Services, Inc., Capital Mineral Investors, Inc...

    Science.gov (United States)

    2012-04-16

    ... From the Federal Register Online via the Government Publishing Office SECURITIES AND EXCHANGE COMMISSION AP Henderson Group, BPO Management Services, Inc., Capital Mineral Investors, Inc., CardioVascular... lack of current and accurate information concerning the securities of BPO Management Services, Inc...

  9. Institutional Investor Preferences and Executive Compensation (Revision of 2011-103)

    NARCIS (Netherlands)

    McCahery, J.A.; Sautner, Z.

    2012-01-01

    Abstract: In this paper, we investigate the attitudes of institutional investors, such as hedge funds, insurance companies, mutual funds and pension funds, towards a key corporate governance mechanism, namely executive compensation. We document the preferences they have about both the level and

  10. 7 CFR 4290.1500 - Restrictions on distributions to RBIC investors while RBIC has outstanding Leverage.

    Science.gov (United States)

    2010-01-01

    ... RBIC has outstanding Leverage. 4290.1500 Section 4290.1500 Agriculture Regulations of the Department of... AGRICULTURE RURAL BUSINESS INVESTMENT COMPANY (âRBICâ) PROGRAM Financial Assistance for RBICs (Leverage) Distributions by Rbics with Outstanding Leverage § 4290.1500 Restrictions on distributions to RBIC investors...

  11. Investor-State Dispute Settlement and the Future of the Precautionary Principle

    Directory of Open Access Journals (Sweden)

    Davies Haydn

    2016-12-01

    Full Text Available The proliferation of bilateral investment treaties and investment chapters in trade megatreaties and the associated increase in the preference of investors for investor-state dispute settlement has given rise to concerns that the regulatory sovereignty of both developed and developing states might be compromised. In response to these concerns many trade agreements (including the recently concluded Comprehensive Economic Trade Agreement between the European Union (EU and Canada have incorporated provisions designed to protect the regulatory sovereignty of nation states, especially in relation to labour standards, public health, phytosanitary and environmental protection. This paper examines the nature and scope of environmental protection measures in investment chapters and attempts to analyse the extent to which these measures will, in practice, prevent challenges by investors seeking to chill or prevent environmental regulations which might threaten their investments. The analysis concentrates particularly on measures based on the precautionary principle and uses the current EU restrictions on neonicotinoid pesticides as a case study. The paper concludes that the measures included in investment chapters designed to prevent such challenges by investors will not necessarily achieve the desired level of protection for environmental regulatory sovereignty.

  12. FIAP Forum on Entrepreneurship in Physics

    Science.gov (United States)

    2015-03-01

    With the changes in science as globalization has taken root, the future role of physicists becoming a part of the industrial physics community is more imperative. When 80% of graduating physicists will not be employed in academic positions, and 50% of all jobs for these physicists will be industrial sector, the importance of bringing our next generation of scientists up to speed on industrial applications is becoming much more important with the rapid, world-wide development of technology. FIAP is initiating a forum on entrepreneurship as a major role for the next generation of scientists. As physicists are problem solvers and the entrepreneurial experience is all about problem solving: whether involving technology, building a team, or financing a business. This forum seeks to link successful entrepreneurial physicists with the upcoming generation, through the dissemination of their global expertise and experience. The forum will consist of a panel discussion and then be open to question and answers from the audience.

  13. The 8th Japan Bioanalysis Forum symposium.

    Science.gov (United States)

    Matsumaru, Takehisa

    2017-11-01

    The 8th Japan Bioanalysis Forum symposium, the Tower Hall Funabori, Tokyo, Japan, 8-9 February 2017 The 8th Japan Bioanalysis Forum (JBF) symposium was successfully held between 8 and 9 February 2017 at the Tower Hall Funabori, Tokyo, Japan. In total, 24 speakers from Japan, USA and Europe gave presentations regarding the immunogenicity of biopharmaceuticals, ICH S3A Q&A microsampling, ICH M10 bioanalytical method validation, large molecule analysis through LC-MS, auditing activities for bioanalysis and biomarker bioanalysis. Achievements regarding eight diverse themes were also shared by Japan Bioanalysis Forum discussion groups. Over 300 scientists from regulatory agencies, industry and academia actively took part in discussions during the symposium. This article provides the highlights of all the topics discussed in this symposium.

  14. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Photo 01: Raymond Battistella - Director-General of SIG, Geneva's utilities provider (left) - and Bernard Ecoffey, Founder of the Forum Engelberg. In the background is the CMS magnet system under construction. The red concentric rings are part of the barrel yoke, which returns the magnetic flux generated by the superconducting coil. Supported from the innermost barrel ring is the outer cylinder of the vacuum tank that will house the superconducting coil. Photo 02: Alexander Höchli, member of the Institutional Committee of Forum Engelberg and former Landammann of the canton of Obwalden (left), with Raymond Battistella, Di...

  15. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996.Seated here at a presentation by Peter Jenni, spokesperson for the ATLAS collaboration, during the visit of Forum members and Geneva public figures are Bernard Ecoffey, Founder of the Forum Engelberg (left), and Jean-Claude Landry, Department of the Interior, Agriculture and Environment, state of Geneva. Photo 01: (left to right) Bernard Ecoffey, Jean-Claude Landry and Peter Jenni. Photos 02, 03: (left to right) Jean-Claude Landry, Bernard Ecoffey and Peter Jenni.

  16. 3rd Developers@CERN Forum

    CERN Multimedia

    CERN. Geneva

    2017-01-01

    It's about U and I !   The Developers@CERN Forum is an event by developers, for developers, aimed at promoting knowledge and experience sharing. This edition will take place at the IT Amphitheatre, on the 13th, 14th and 15th of February afternoons. It will consist of a series of short presentations and workshops. The topic for this conference will be Frontend & User interfaces. Have you got an idea for a presentation or workshop? Then, tell us about it (deadline on 27th of January). Registration will open in November. Please subscribe to developers-forum-announce@cern.ch mailing list for further information. This event will be made by developers for developers. We are counting on your presence, but also on your contributions! To learn more about the initiative, read the CERN Bulletin article. Organization You can get in touch us at developers-forum-organizers@cern.ch.

  17. The metabolism and growth of web forums.

    Directory of Open Access Journals (Sweden)

    Lingfei Wu

    Full Text Available We view web forums as virtual living organisms feeding on user's clicks and investigate how they grow at the expense of clickstreams. We find that PV(t (the number of page views in a given time period and UV(t (the number of unique visitors in the time period of the studied forums satisfy the law of the allometric growth, i.e., PV(t ~ UV(t((θ. We construct clickstream networks and explain the observed temporal dynamics of networks by the interactions between nodes. We describe the transportation of clickstreams using the function D(i ~ T(i(γ, in which T(i is the total amount of clickstreams passing through node i and D(i is the amount of the clickstreams dissipated from i to the environment. It turns out that γ, an indicator for the efficiency of network dissipation, not only negatively correlates with θ, but also sets the bounds for θ. In particular, 1/γ > θ when 0 1. Our findings have practical consequences. For example, θ can be used as a measure of the "stickiness" of forums, which quantifies the stable ability of forums to remain users "lock-in" on the forum. Meanwhile, the correlation between γ and θ provides a method to predict the long-term "stickiness" of forums from the clickstream data in a short time period. Finally, we discuss a random walk model that replicates both of the allometric growth PV(t ~ UV(t(θ and the dissipation function D(i ~ T(γ(i.

  18. Can investor sentiment be used to predict the stock price? Dynamic analysis based on China stock market

    Science.gov (United States)

    Guo, Kun; Sun, Yi; Qian, Xin

    2017-03-01

    With the development of the social network, the interaction between investors in stock market became more fast and convenient. Thus, investor sentiment which can influence their investment decisions may be quickly spread and magnified through the network, and to a certain extent the stock market can be affected. This paper collected the user comments data from a popular professional social networking site of China stock market called Xueqiu, then the investor sentiment data can be obtained through semantic analysis. The dynamic analysis on relationship between investor sentiment and stock market is proposed based on Thermal Optimal Path (TOP) method. The results show that the sentiment data was not always leading over stock market price, and it can be used to predict the stock price only when the stock has high investor attention.

  19. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Horst Wenninger (left) in animated discussion with Alexander Höchli, member of the Institutional Committee of Forum Engelberg and former Landammann of the canton of Obwalden.

  20. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Photo 01: Members of the Forum Engelberg and public figures from Geneva visit SM18, the test hall for LHC magnets: (left to right) N. Siegel, Prof. Dr. Med. Bernard Mach, Mr Alexander Höchli, H. Wenninger, Mrs Mireille Quirina, Mme Konrade Von Bremen, Mrs Thérèse Wolf, Prof. Roger Berthouzoz, Mrs Marie-Anne Heimo, Mr Bernard Ecoffey.

  1. Federal Interagency Forum on Aging-Related Statistics

    Science.gov (United States)

    ... FAQ Search X Aging Stats Previous Next The Forum continues to explore ways of providing an easy- ... first in a series of infographics that the Forum will develop and release online. During 2017 - 2018, ...

  2. User Contribution Measurement in Online Forum with Fraud Immunity

    OpenAIRE

    Guo-Ying Wang; Shen-Ming Qu

    2013-01-01

    It's very important to reward the contributive users of online forums, for that almost all contents are provided by users in such forums. There should be some rewards for contributive users, and rewards should be proportional to the contributions. So the determination and measurement of user contributions are needed in online forums. At the same time, some users may do some fake contributions to obtain more rewards. In this paper, we analyzed possible frauds in online forum, examined features...

  3. Parallel tools GUI framework-DOE SBIR phase I final technical report

    Energy Technology Data Exchange (ETDEWEB)

    Galarowicz, James [Argo Navis Technologies LLC., Annapolis, MD (United States)

    2013-12-05

    Many parallel performance, profiling, and debugging tools require a graphical way of displaying the very large datasets typically gathered from high performance computing (HPC) applications. Most tool projects create their graphical user interfaces (GUI) from scratch, many times spending their project resources on simply redeveloping commonly used infrastructure. Our goal was to create a multiplatform GUI framework, based on Nokia/Digia’s popular Qt libraries, which will specifically address the needs of these parallel tools. The Parallel Tools GUI Framework (PTGF) uses a plugin architecture facilitating rapid GUI development and reduced development costs for new and existing tool projects by allowing the reuse of many common GUI elements, called “widgets.” Widgets created include, 2D data visualizations, a source code viewer with syntax highlighting, and integrated help and welcome screens. Application programming interface (API) design was focused on minimizing the time to getting a functional tool working. Having a standard, unified, and userfriendly interface which operates on multiple platforms will benefit HPC application developers by reducing training time and allowing users to move between tools rapidly during a single session. However, Argo Navis Technologies LLC will not be submitting a DOE SBIR Phase II proposal and commercialization plan for the PTGF project. Our preliminary estimates for gross income over the next several years was based upon initial customer interest and income generated by similar projects. Unfortunately, as we further assessed the market during Phase I, we grew to realize that there was not enough demand to warrant such a large investment. While we do find that the project is worth our continued investment of time and money, we do not think it worthy of the DOE's investment at this time. We are grateful that the DOE has afforded us the opportunity to make this assessment, and come to this conclusion.

  4. 76 FR 53530 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2011-08-26

    ... Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY: Federal...-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting Forum (ACF) to discuss... given of a meeting of the FAA Aeronautical Charting Forum to be held from October 25 through October 27...

  5. 78 FR 12415 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2013-02-22

    ... Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY: Federal...-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting Forum (ACF) to discuss...), notice is hereby given of a meeting of the FAA Aeronautical Charting Forum to be held from April 23...

  6. 78 FR 11236 - Positive Train Control Public Forum

    Science.gov (United States)

    2013-02-15

    ... SAFETY BOARD Positive Train Control Public Forum On Wednesday, February 27, 2013, the National Transportation Safety Board (NTSB) will convene a Forum titled, ``Positive Train Control: Is it on Track?'' The Forum will begin at 9:00 a.m. is open to all and the attendance is free (no registration required). The...

  7. 75 FR 54221 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2010-09-03

    ... Aeronautical Charting Forum Meeting AGENCY: Federal Aviation Administration (FAA), DOT. ACTION: Notice of... Administration (FAA) Aeronautical Charting Forum (ACF) to discuss informational content and design of... the FAA Aeronautical Charting Forum to be held from October 26 through October 28, 2010, from 8:30 a.m...

  8. 78 FR 52230 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2013-08-22

    ... Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY: Federal...-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting Forum (ACF) to discuss...), notice is hereby given of a meeting of the FAA Aeronautical Charting Forum to be held from October 29...

  9. 76 FR 68828 - Pipeline Safety: Emergency Responder Forum

    Science.gov (United States)

    2011-11-07

    ... Administration [Docket ID PHMSA-2011-0295] Pipeline Safety: Emergency Responder Forum AGENCY: Pipeline and Hazardous Materials Safety Administration (PHMSA), DOT. ACTION: Notice of Forum. SUMMARY: PHMSA is co-sponsoring a one-day Emergency Responder Forum with the National Association of Pipeline Safety...

  10. 78 FR 27444 - Forum Investment Advisors, LLC, et al.;

    Science.gov (United States)

    2013-05-10

    ... COMMISSION Forum Investment Advisors, LLC, et al.; Notice of Application May 6, 2013. AGENCY: Securities and... exemption from sections 12(d)(1)(A) and 12(d)(1)(B) of the Act. Applicants: Forum Investment Advisors, LLC (``FIA''), Forum ETF Trust (the ``Trust''), and Foreside Fund Services, LLC (collectively, ``Applicants...

  11. 75 FR 44759 - Department of Commerce Business Forum

    Science.gov (United States)

    2010-07-29

    ... Department of Commerce Business Forum AGENCY: U.S. Department of Commerce. ACTION: Notice of a public meeting... preregister, please send an e-mail to DOCBusinessForum[email protected] with attending personnel names... DOCBusinessForum[email protected] by August 6, 2010. Please put ``Accommodations'' in the subject line. In...

  12. 75 FR 11225 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2010-03-10

    ... Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY: Federal... Forum (ACF 10-01) to discuss informational content and design of aeronautical charts and related.... App. II), notice is hereby given of a meeting of the FAA Aeronautical Charting Forum to be held from...

  13. 78 FR 19024 - Lithium Ion Batteries in Transportation Public Forum

    Science.gov (United States)

    2013-03-28

    ... SAFETY BOARD Lithium Ion Batteries in Transportation Public Forum On Thursday and Friday, April 11-12, 2013, the National Transportation Safety Board (NTSB) will convene a forum titled, ``Lithium Ion Batteries in Transportation.'' The forum will begin at 9:00 a.m. on both days and is open to all. Attendance...

  14. 76 FR 71081 - Public Aircraft Oversight Safety Forum

    Science.gov (United States)

    2011-11-16

    ... SAFETY BOARD Public Aircraft Oversight Safety Forum The National Transportation Safety Board (NTSB) will convene a Public Aircraft Oversight Safety Forum which will begin at 9 a.m., Wednesday, November 30, 2011. NTSB Chairman Deborah A.P. Hersman will chair the two-day forum and all five Board Members will...

  15. 77 FR 50759 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2012-08-22

    ... TRANSPORTATION Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY... announces the bi-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting Forum... hereby given of a meeting of the FAA Aeronautical Charting Forum to be held from October 23 through...

  16. 76 FR 12211 - Government/Industry Aeronautical Charting Forum Meeting

    Science.gov (United States)

    2011-03-04

    ... Federal Aviation Administration Government/Industry Aeronautical Charting Forum Meeting AGENCY: Federal...-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting Forum (ACF) to discuss... of a meeting of the FAA Aeronautical ] Charting Forum to be held from April 26 through April 28, 2011...

  17. 75 FR 39209 - U.S.-China Environmental Industries Forum

    Science.gov (United States)

    2010-07-08

    ... International Trade Administration U.S.-China Environmental Industries Forum AGENCY: International Trade... on Commerce and Trade (JCCT) in its formulation of a U.S.-China Environmental Industries Forum... INFORMATION: Background: The biennial U.S.-China Environmental Industries Forum was created by the JCCT...

  18. CERN Apps meet in a forum

    CERN Multimedia

    Antonella Del Rosso

    2013-01-01

    In the fast-evolving world of mobile apps, creativity and usability are key words. For the time being, the number of CERN apps is quite limited but the situation could quickly change. An information-sharing forum set up by the IT Department is a starting point to channel your creativity with the help of experts, best practices and useful guidelines.   The CAPPS (CERN Apps) Forum was set up about a year ago. Its members come from various departments and meet every two or three months to update each other on the apps that are in preparation, share the latest news on the available software, discuss best practices and so on. “The Forum is open to anybody wanting to develop apps at CERN,” explains David Foster, Deputy Department Head and initiator of the CAPPS Forum. “Developers, communication experts and IT infrastructure experts meet and discuss various topics, from branding-related issues to coding and implementation solutions. The aim is to go forward in a coherent way...

  19. Space Radiation Program Element Tissue Sharing Forum

    Science.gov (United States)

    Wu, H.; Mayeaux, B M.; Huff, J. L.; Simonsen, L. C.

    2016-01-01

    Over the years, a large number of animal experiments have been conducted at the NASA Space Radiation Laboratory and other facilities under the support of the NASA Space Radiation Program Element (SRPE). Studies using rodents and other animal species to address the space radiation risks will remain a significant portion of the research portfolio of the Element. In order to maximize scientific return of the animal studies, the SRPE has recently released the Space Radiation Tissue Sharing Forum. The Forum provides access to an inventory of investigator-stored tissue samples and enables both NASA SRPE members and NASA-funded investigators to exchange information regarding stored and future radiobiological tissues available for sharing. Registered users may review online data of available tissues, inquire about tissues posted, or request tissues for an upcoming study using an online form. Investigators who have upcoming sacrifices are also encouraged to post the availability of samples using the discussion forum. A brief demo of the forum will be given during the presentation

  20. Obstetrics and Gynaecology Forum: Editorial Policies

    African Journals Online (AJOL)

    Focus and Scope. Obstetrics and Gynaecology Forum is written by specialists in the field. It aims, primarily, to present articles on the practice of Obstetrics and Gynaecology in South Africa and is distributed to G.Ps and to specialists concerned with the rendering of healthcare to women.

  1. School PE through Internet Discussion Forums

    Science.gov (United States)

    Lauritsalo, Kirsti; Sääkslahti, Arja; Rasku-Puttonen, Helena

    2015-01-01

    Background: Physical education is a subject that generates strong feelings and emotions, as can be seen in written accounts of PE experiences. It is also important to listen to students' voices in the research context. Nowadays, students can be listened to in a new way--through the Internet. Various discussion forums on the Internet make it…

  2. Facilitating Learning Spaces in Forum Theatre

    Science.gov (United States)

    Rae, Jan

    2013-01-01

    Purpose: The purpose of this paper is to evaluate the extent to which forum theatre interventions can support non-hierarchical approaches to learning, development and change management initiatives in organisations. Design/methodology/approach: Semi-structured interviews were carried out with theatre consultancies, actors/facilitators,…

  3. Low-level waste forum meeting reports

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-31

    This paper provides highlights from the 1995 summer meeting of the Low Level radioactive Waste Forum. Topics included: new developments in state and compacts; federal waste management; DOE plans for Greater-Than-Class C waste management; mixed wastes; commercial mixed waste management; international export of rad wastes for disposal; scintillation cocktails; license termination; pending legislation; federal radiation protection standards.

  4. ITU World Youth Forum visits CERN

    CERN Document Server

    2009-01-01

    About 250 students selected by the International Telecommunication Union (ITU) to participate in the 2009 Youth Forum made CERN a primary destination for this year’s World Youth Forum event. The 250 students participating in the 2009 Youth Forum attend a presentation in the Globe of Science and Innovation.On Tuesday 6 October, the group visited several sites including the Microcosm exhibition and the ATLAS cavern to get a glimpse of what CERN does and the exciting science that is studied here. Since 2001 and every three years, the ITU World Forum brings together young men and women, aged 18-23, to learn about new technologies and the world around them. This year’s group included participants from one hundred and twenty-five different countries. This was the first time that the event involved a visit to CERN. When asked why CERN was a destination, Pascal Biner, organizer of the visit for ITU, explained that CERN was a necessary stop given the Forum’s base in Gen...

  5. Data Dance: An Interactive Movement Forum.

    Science.gov (United States)

    Green, Jill

    This paper describes and discusses the interactive movement forum and the process of working on it as data itself. The paper revisits the theme of the creative process from a postmodern perspective, particularly considering creativity in relationship to women's bodies and detailing the problematic aspects of working with students in an artistic…

  6. Asynchronous Forums in EAP: Assessment Issues

    Directory of Open Access Journals (Sweden)

    Sara Kol

    2008-06-01

    Full Text Available This paper reports on a pilot and a subsequent study that focused on the assessment of student writing in asynchronous text-stimulated forum discussions. The study, which was conducted in advanced English for Academic Purposes (EAP courses, aimed at determining suitable assessment criteria for written academic discussions. In addition, the study tapped student attitudes toward forums, checked the effect of forum participation on student writing, and characterized the text-stimulated forum discussions.Based on a content analysis of the pilot data, the constructs of reflection and interaction were selected as assessment criteria to be evaluated in the main study. These criteria were found to be usable but insufficient for student assessment in the EAP courses. A questionnaire showed that the student attitudes were positive and that most students felt that their writing improved, even though an analysis of language complexity showed no significant improvement. A qualitative analysis of the transcripts revealed deep student involvement with the content and with their peers as well as an academic register interspersed with conversational interactions.

  7. Authorship Analysis on Dark Marketplace Forums

    NARCIS (Netherlands)

    Spitters, M.; Klaver, F.; Koot, G.; Staalduinen, M.V.

    2015-01-01

    Anonymity networks like Tor harbor many underground markets and discussion forums dedicated to the trade of illegal goods and services. As they are gaining in popularity, the analysis of their content and users is becoming increasingly urgent for many different parties, ranging from law enforcement

  8. Women and Disabilities: A National Forum.

    Science.gov (United States)

    Boyle, Gail; And Others

    1988-01-01

    The paper reports on a June, 1988, Canadian forum concerned with oppression of disabled women, especially women with mental handicaps. Specifically addressed were issues concerning employment, education, reproductive rights, violence against women, sexuality, motherhood, participation in the women's movement, and inclusion in research and policy…

  9. Radioprotectors and Radiomitigators for Improving Radiation Therapy: The Small Business Innovation Research (SBIR) Gateway for Accelerating Clinical Translation.

    Science.gov (United States)

    Prasanna, Pataje G S; Narayanan, Deepa; Hallett, Kory; Bernhard, Eric J; Ahmed, Mansoor M; Evans, Gregory; Vikram, Bhadrasain; Weingarten, Michael; Coleman, C Norman

    2015-09-01

    Although radiation therapy is an important cancer treatment modality, patients may experience adverse effects. The use of a radiation-effect modulator may help improve the outcome and health-related quality of life (HRQOL) of patients undergoing radiation therapy either by enhancing tumor cell killing or by protecting normal tissues. Historically, the successful translation of radiation-effect modulators to the clinic has been hindered due to the lack of focused collaboration between academia, pharmaceutical companies and the clinic, along with limited availability of support for such ventures. The U.S. Government has been developing medical countermeasures against accidental and intentional radiation exposures to mitigate the risk and/or severity of acute radiation syndrome (ARS) and the delayed effects of acute radiation exposures (DEARE), and there is now a drug development pipeline established. Some of these medical countermeasures could potentially be repurposed for improving the outcome of radiation therapy and HRQOL of cancer patients. With the objective of developing radiation-effect modulators to improve radiotherapy, the Small Business Innovation Research (SBIR) Development Center at the National Cancer Institute (NCI), supported by the Radiation Research Program (RRP), provided funding to companies from 2011 to 2014 through the SBIR contracts mechanism. Although radiation-effect modulators collectively refer to radioprotectors, radiomitigators and radiosensitizers, the focus of this article is on radioprotection and mitigation of radiation injury. This specific SBIR contract opportunity strengthened existing partnerships and facilitated new collaborations between academia and industry. In this commentary, we assess the impact of this funding opportunity, outline the review process, highlight the organ/site-specific disease needs in the clinic for the development of radiation-effect modulators, provide a general understanding of a framework for gathering

  10. The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors

    Directory of Open Access Journals (Sweden)

    Jingmin Wang

    2017-07-01

    Full Text Available A virtual power plant (VPP is a special virtual unit that integrates various distributed energy resources (DERs distributed in the generation and consumption sides. The optimal configuration scheme of the VPP needs to break the geographical restrictions to make full use of DERs, considering the uncertainties. First, the components of the DERs and the structure of the VPP are briefly introduced. Next, the cubic exponential smoothing method is adopted to predict the VPP load requirement. Finally, the optimal configuration of the DER capacities inside the VPP is calculated by using portfolio theory and genetic algorithms (GA. The results show that the configuration scheme can optimize the DER capacities considering uncertainties, guaranteeing economic benefits of investors, and fully utilizing the DERs. Therefore, this paper provides a feasible reference for the optimal configuration scheme of the VPP from the perspective of investors.

  11. MODEL BELIEF-ADJUSMENT DAN PERSEPSI INVESTOR: EKSPERIMENTASI RANGKAIAN INFORMASI PENDEK SEDERHANA DAN RESPONS SIMULTAN

    Directory of Open Access Journals (Sweden)

    I WAYAN SUARTANA

    2007-07-01

    Full Text Available The previous research found that there was effect of positive and negativeinformation order of company annual reports. The objective of this research is to examinewhether the order of positive and negative information of a company in the president letterin annual reports can influence the perception of the investor about the company. Thesubjects of this research are the students of Magister of Management Program in one ofState University in Indonesia. The method used is laboratory experiment. The result of thisresearch implies that the ordering of positive and negative information of a company inimpression management of annual reports can influence investor's perception. Positiveinformation presented at the first part will result in positive judgment on the previous andpotential performance compare with receiving negative information on the first part.

  12. Trading strategies of institutional investors in a limit order book market

    Directory of Open Access Journals (Sweden)

    chen Naiwei

    2016-01-01

    Full Text Available The study aims to examine the trading strategies of institutional investors in limit order book market. The study modifies assumptions of prior studies [1,2] to match actual situations or facilitate calculations. First, to match actual situations or facilitate calculations. First, the investors’ objective in the study is profit maximization rather than minimization of trading costs. Second, time is continuous rather than discrete. Third, price impact functions are non-linear and take the quadratic form that features increasing prices. Study results indicate that institutional investors adopt the increasing trading strategy if the permanent price impact dominate whereas they adopt the decreasing trading strategy if the transient price impact dominates. In addition, the average trading strategy is adopted if and only if the permanent and transient price impacts are combined in some fixed proportions.

  13. Mood and the Market: Can Press Reports of Investors' Mood Predict Stock Prices?

    Science.gov (United States)

    Scherbaum, Charles A.; Kammeyer-Mueller, John D.

    2013-01-01

    We examined whether press reports on the collective mood of investors can predict changes in stock prices. We collected data on the use of emotion words in newspaper reports on traders' affect, coded these emotion words according to their location on an affective circumplex in terms of pleasantness and activation level, and created indices of collective mood for each trading day. Then, by using time series analyses, we examined whether these mood indices, depicting investors' emotion on a given trading day, could predict the next day's opening price of the stock market. The strongest findings showed that activated pleasant mood predicted increases in NASDAQ prices, while activated unpleasant mood predicted decreases in NASDAQ prices. We conclude that both valence and activation levels of collective mood are important in predicting trend continuation in stock prices. PMID:24015202

  14. An Empirical Study on the Relationship between Investor Protection, Government Behavior, and Financial Development

    Directory of Open Access Journals (Sweden)

    Chien-Chi Chu

    2017-11-01

    Full Text Available We studied the relationship between investor protection, government behavior, and financial development using data covering six provinces (Guangdong, Jiangsu, Shandong, Zhejiang, Henan, and Sichuan and two provincial-level cities (Beijing and Shanghai in China for the period 2005–2014. Using panel data estimation techniques, we found that there is a positive relationship between investor protection and financial development; by contrast, highly-intense government intervention leads to more financial impediments. Moreover, government intervention in education could promote financial development through its contribution to having a higher amount of the fund supply. Our empirical findings have important implications for policy-makers in terms of reforming the capital market regulation.

  15. Effects of Common Factors on Dynamics of Stocks Traded by Investors with Limited Information Capacity

    Directory of Open Access Journals (Sweden)

    Songtao Wu

    2017-01-01

    Full Text Available An artificial stock market with agent-based model is built to investigate effects of different information characteristics of common factors on the dynamics stock returns. Investors with limited information capacity update their beliefs based on the information they have obtained and processed and optimize portfolios based on beliefs. We find that with changing of concerned information characteristics the uncertainty of stock price returns rises and is higher than the uncertainty of intrinsic value returns. However, this increase is constrained by the limited information capacity of investors. At the same time, we also find that dependence between returns of stock prices also increased with the changing information environment. The uncertainty and dependency pertaining to prices show a positive relationship. However, the positive relationship is weakened when taking into account the features of intrinsic values, based on which prices are generated.

  16. Investor herds and oil prices evidence in the Gulf Cooperation Council (GCC equity markets

    Directory of Open Access Journals (Sweden)

    Talat Ulussever

    2017-09-01

    Full Text Available This paper scrutinizes the effect of crude oil prices on herd behavior among investors in the Gulf Cooperation Council (GCC stock markets. Using firm level data from Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, Dubai and Abu Dhabi stock exchanges, we examine equity return dispersions within industry portfolios and test whether investor herds exist in these markets. We then assess whether crude oil price movements have any effect on the investment behavior of traders in the aforementioned markets. Our findings reveal significant evidence supporting herd behavior in all GCC equity markets with the exception of Oman and Qatar, more consistently during periods of market losses. Furthermore, we find significant oil price effects on herd behavior in these markets, particularly during periods of extreme positive changes in the price of oil. Our findings suggest that investors’ tendency to act as a herd in the said markets is significantly affected by the developments in the oil market.

  17. Faktor Demografis, Personality Traits, dan Overconfidence (Survey Terhadap Investor Saham di Yogyakarta

    Directory of Open Access Journals (Sweden)

    Liring Dwi Utami

    2016-06-01

    Full Text Available AbstrakPenelitian ini bertujuan untuk mengetahui hubungan antara faktor demografi, personality traits dan overconfidence pada Investor saham di Yogyakarta. Faktor demografis yang digunakan berupa jenis kelamin, usia, pendidikan dan lama investasi sedangkan personality traits menggunakan the big five personality. Penelitian ini menggunakan kuesioner yang disebar kepada 100 orang investor yang dipilih secara random. Sebanyak 87 kuesioner digunakan, sedangkan 13 lainnya didiskualifikasi karena jawaban kuesioner yang tidak lengkap. Data diolah menggunakan SPPS dengan alat ukur Chi Square dan Pearson Correlation. Hasil dari penelitian menemukan bahwa semua faktor demografi yaitu usia, jenis kelamin, pendidikan dan lama investasi tidak berhubungan dengan overconfidence. Hasil lain menunjukkan adanya hubungan yang positif antara conscientiousness dengan overconfidence. Sedangkan extraversion, agreeableness, neuroticism dan openness to experience tidak mempunyai hubungan dengan overconfidence.AbstractThis study aims to determine the relationship between demographic factors, personality traits, and overconfidence with stock investors in Yogyakarta. Demographic factors used are gender, age, education and time frame of holding, while the big five personality was used as a proxy of personality traits. This study used a questionnaire distributed to 100 randomly selected investors. A total of 87 questionnaires were used, while the other 13 were disqualified because of incomplete answers to the questionnaire. The data were processed using chi square and Pearson correlation. The results of the study found that all the demographic factors (age, gender, education and time frame holding had no association with overconfidence. Other results showed a positive relationship between conscientiousness with overconfidence. Whereas extraversion, agreeableness, neuroticism and openness to experience were not related to overconfidence.

  18. Follow Me on Twitter: Attracting Mutual Fund Investor Attention through Social Media

    OpenAIRE

    Kim, Sora

    2017-01-01

    This paper studies mutual funds' use of social media (Twitter) as a new marketing instrument and its effects on the behavior of mutual fund investors. Using hand-collected data from Twitter regarding 175 mutual fund families, I find that mutual fund families are more likely to introduce Twitter when they have star funds in the family and when they are introducing new funds. The average inception size of new funds after a family joined Twitter is significantly larger than before joining Twitte...

  19. Informal Networks and Start-Up Entrepreneurs in Spain: Networking Other Entrepreneurs and Angel Investors

    OpenAIRE

    Aliaga Isla, Rocio

    2014-01-01

    This paper contributes by containing an examination of the impact of informal networks, such as personally knowing other entrepreneurs and having access to business angel investors, have upon start-up entrepreneurs in Spain. In addition, a pseudo-panel approach is used with micro data from the Spanish Global Entrepreneurship Monitor (GEM) adult population survey over the period 2006-2009. This technique overcomes limitations found when using cross-sectional data. Moreover, this includes a sho...

  20. The Effect of Effective Corporate Governance Structure in Improving Investors' Confidence in the Public Financial Information

    OpenAIRE

    Nabil Alnaser; Osama Samih Shaban; Ziad Al-Zubi

    2014-01-01

    The primary goal of corporate governance is to create a balance of power-sharing among shareholders, directors, and management to enhance shareholder value and protect the interests of other stakeholders. Effective corporate governance structure improves investor confidence, it ensures corporate accountability, enhances the reliability and quality of public financial information, and enhances the integrity and efficiency of the capital market. The study has covered 10 public companies in Jord...

  1. Land grab. More investors offer hospitals cash for their real estate as providers hunt for capital.

    Science.gov (United States)

    Evans, Melanie

    2011-03-07

    More real estate investors are offering hospitals cash for real estate as providers tap into their assets for capital. But if REITs are banking on providers cashing in their real estate chips, that's not happening yet, says Mike O'Keefe, left, of Navigant Consulting. The capital flooding into healthcare real estate has met with a limited supply of sellers. "That's what's driving some of this consolidation," O'Keefe said.

  2. Heterogeneous Investors, Negotiation Strength & Asset Prices in Private Markets: Evidence from Commercial Real Estate

    OpenAIRE

    David C. Ling

    2013-01-01

    We examine the impact of heterogeneous investors with asymmetric bargaining positions on transaction prices in private commercial real estate markets. Using a dataset that contains nearly 100,000 commercial real estate transactions during 1997-2009, we examine the extent to which common conditions of sale and buyer characteristics affect bargaining power and negotiated prices. We find that tax-motivated buyers seeking to complete a delayed Section 1031 exchange pay an average price premium of...

  3. Risky Business or Risky Politics: What Explains Investor-State Disputes?

    OpenAIRE

    Phillips Williams, Zoe

    2017-01-01

    Although not a clear cut question of treaty compliance, this project takes as its theoretical point of departure two potentially opposing explanations for state compliance with international agreements, and asks whether investor-state disputes are better explained by shifting state preferences toward FDI (or a particular investment), or the lack of state capacity to maintain an investment-friendly environment. The project is structured around three sub-research questions: 1) which domestic...

  4. International investors' reactions to cross-border acquisitions by emerging market multinationals

    OpenAIRE

    Ning, L.; Kuo, JM; Strange, R.; Wang, Boya

    2014-01-01

    How do international investors react to announcements of cross-border mergers and acquisitions (CM&As) by emerging market multinational enterprises (EMNEs)? Using a unique and manually-constructed firm-level dataset, this paper examines the stock price reactions to CM&A announcements made over the period 1991-2010 by Chinese MNEs listed on the Hong Kong Stock Exchange and the wealth impacts of their corporate governance. Our empirical findings confirm a positive stock price reaction on averag...

  5. A psicologia do mercado acionário: representações sociais de investidores da BOVESPA sobre as oscilações dos preços The stock market psychology: social representations of BOVESPA investors about oscillation of prices

    Directory of Open Access Journals (Sweden)

    Tatiana Renaux Tomaselli

    2007-12-01

    Full Text Available Diferentes formas de entender o ser humano levam a psicologia e a economia a diferentes concepções do mercado acionário. Este artigo utiliza-se da teoria das representações sociais para entender esta prática social a partir dos próprios investidores. Partindo da teoria das representações sociais e contribuições de alguns estudos cognitivos aplicados ao campo da tomada de decisão, pudemos compreender a visão do grupo estudado. Foram analisados 94 fóruns de discussão, onde foram identificados 317 investidores. Nossas conclusões mostram que para o grupo investigado o mercado é formado por pessoas em relação, e a oscilação dos preços é atribuída à disputa entre grandes e pequenos investidores.Different ways to understand the human being have taken economy and psychology to different conceptions of stock market. This article has used the social representation theory to understand this social practice applied by the investors themselves. Starting from the social representations theory and some cognitive studies about decision making, we achieved the group's point of view. We analyzed 94 discussion forums in which 317 investors have been identified. Our conclusion shows that for the examined group the market is formed by people in interaction and prices' oscillation is attributed to the competition among big and small investors.

  6. Providing Value to New Health Technology: The Early Contribution of Entrepreneurs, Investors, and Regulatory Agencies

    Science.gov (United States)

    Lehoux, Pascale; Miller, Fiona A.; Daudelin, Geneviève; Denis, Jean-Louis

    2017-01-01

    Background: New technologies constitute an important cost-driver in healthcare, but the dynamics that lead to their emergence remains poorly understood from a health policy standpoint. The goal of this paper is to clarify how entrepreneurs, investors, and regulatory agencies influence the value of emerging health technologies. Methods: Our 5-year qualitative research program examined the processes through which new health technologies were envisioned, financed, developed and commercialized by entrepreneurial clinical teams operating in Quebec’s (Canada) publicly funded healthcare system. Results: Entrepreneurs have a direct influence over a new technology’s value proposition, but investors actively transform this value. Investors support a technology that can find a market, no matter its intrinsic value for clinical practice or healthcare systems. Regulatory agencies reinforce the "double" value of a new technology—as a health intervention and as an economic commodity—and provide economic worth to the venture that is bringing the technology to market. Conclusion: Policy-oriented initiatives such as early health technology assessment (HTA) and coverage with evidence may provide technology developers with useful input regarding the decisions they make at an early stage. But to foster technologies that bring more value to healthcare systems, policy-makers must actively support the consideration of health policy issues in innovation policy. PMID:28949463

  7. Providing Value to New Health Technology: The Early Contribution of Entrepreneurs, Investors, and Regulatory Agencies.

    Science.gov (United States)

    Lehoux, Pascale; Miller, Fiona A; Daudelin, Geneviève; Denis, Jean-Louis

    2017-01-25

    New technologies constitute an important cost-driver in healthcare, but the dynamics that lead to their emergence remains poorly understood from a health policy standpoint. The goal of this paper is to clarify how entrepreneurs, investors, and regulatory agencies influence the value of emerging health technologies. Our 5-year qualitative research program examined the processes through which new health technologies were envisioned, financed, developed and commercialized by entrepreneurial clinical teams operating in Quebec's (Canada) publicly funded healthcare system. Entrepreneurs have a direct influence over a new technology's value proposition, but investors actively transform this value. Investors support a technology that can find a market, no matter its intrinsic value for clinical practice or healthcare systems. Regulatory agencies reinforce the "double" value of a new technology-as a health intervention and as an economic commodity-and provide economic worth to the venture that is bringing the technology to market. Policy-oriented initiatives such as early health technology assessment (HTA) and coverage with evidence may provide technology developers with useful input regarding the decisions they make at an early stage. But to foster technologies that bring more value to healthcare systems, policy-makers must actively support the consideration of health policy issues in innovation policy.

  8. An investor perspective on forming and funding your medical device start-up.

    Science.gov (United States)

    Mas, Juan-Pablo; Hsueh, Brian

    2017-06-01

    Novel and transformative medical technologies of all forms have the potential to make a significant positive impact on the lives of patients and on the health care system, and one common pathway for guiding such innovations from concept through commercialization is via the formation of a company. For entrepreneurs looking to build a medical technology company, several common challenges await, including questions around how and where to raise funding. Here, we review key considerations for the formation of medical technology companies as viewed through the lens of an investor. We survey common sources of capital for early-stage companies, including grants, angel investors, and venture capital, and offer insights into how to differentiate among them to select the best partners for your start-up׳s needs. Finally, we discuss the critical components of pitching your ideas to potential investors, and offer guidance on best practices and common mistakes. We hope this primer on fundamental concepts and the various health care funding alternatives will prepare entrepreneurs to achieve their mission to improve patients׳ lives through commercialization of their medical innovations. Copyright © 2017 Elsevier Inc. All rights reserved.

  9. Financial impacts of nonutility power purchases on investor-owned electric utilities

    Energy Technology Data Exchange (ETDEWEB)

    1994-06-01

    To assist in its these responsibilities in the area of electric power, EIA has prepared this report, Financial Impacts of Nonutility Power Purchases on Investor-Owned Electric Utilities. The primary purpose of this report is to provide an overview of the issues surrounding the financial impacts of nonutility generation contracts (since the passage of the Public Utility Regulatory Policies Act of 1978) on investor-owned utilities. The existing concern in this area is manifest in the provisions of Section 712 of the Energy Policy Act of 1992, which required State regulatory commissions to evaluate various aspects of long-term power purchase contracts, including their impact on investor-owned utilities` cost of capital and rates charged to customers. The EIA does not take positions on policy questions. The EIA`s responsibility is to provide timely, high quality information and to perform objective, credible analyses in support of the deliberations by both public and private decision-makers. Accordingly, this report does not purport to represent the policy positions of the US Department of Energy or the Administration.

  10. Investors' perspective and needs in the process of developing a business plan

    Directory of Open Access Journals (Sweden)

    Stankov Biljana

    2015-01-01

    Full Text Available A business plan is a very important written document about the current state and future intentions of the company and it meets the information and other needs of a wide range of users, regardless of the size of the company and its organizational structure, or belonging to particular economic activity; regardless of the stage of the life cycle in which the company is located and the like . A business plan is written by the existing, established companies for different needs as well as by startup companies that are eager to show the profitability of the business venture and the success of business ideas realization. The business plan often stands out as a means to establish initial communication between entrepreneurs and financing sources, as well as for their initial meeting. The research problem relates to highlighting the business plan as a very powerful means in the hands of entrepreneurs in applying for obtaining the necessary financial resources. The subject of the research includes the analysis of the differences between the many users of a business plan with an emphasis on commercial banks, investment funds and private investors, as financiers of the business venture and the most important users. The aim of the research relates to highlighting the needs of investors and appreciation of their perspectives in the process of developing a business plan, because without a quality business plan investor is at risk of unsafe moving through a very uncertain and changing environment.

  11. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. He is pictured here (centre) with (left to right) Raymond Battistella, Director-General of SIG, Geneva's utilities provider; Michel Della Negra; Marie-Anne Heimo; Jean-Claude Landry; and Bernard Ecoffey, Founder of the Forum Engelberg, in front of the CMS detector under construction. Visible are three of the five concentric rings forming the barrel yoke which returns the magnetic flux generated by the superconducting coil.

  12. Forum Engelberg, 1-4 March 2004

    CERN Multimedia

    2004-01-01

    The 2004 Forum Engelberg will pay tribute to its President, Hubert Curien, a former President of the CERN Council and former French Minister for Research. The subject of this year's conference, which will take place in Lucerne from 1st to 4th March 2004, is "Science on the Agenda of European Politics." This year, there will be talks by numerous speakers, including the directors of the seven European intergovernmental scientific organisations (EIROforum) and the European Commissioner for Research, Philippe Busquin. The highlights of the conference will include an Interdisciplinary Scientific Programme on 2nd and 3rd March, a session on e-science and the Grid on 4th March and a Young Scientists Programme. The programme and registration forms are available at http://www.forum-engelberg.org/

  13. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President, Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996 - is pictured here. Photo 01: Hubert Curien in front of the first half of the CMS detector's barrel hadronic calorimeter (HCAL). The barrel HCAL is a cylindrical structure which will surround the collision region and measure the energy of quarks and jets emerging at large angles relative to the beam direction. Photo 02: Hubert Curien (left) with Bernard Ecoffey, Founder of the Forum Engelberg, in front of the first half of the CMS detector's barrel hadronic calorimeter.

  14. Forum on specification and Design Languages

    CERN Document Server

    Maehne, Torsten

    2015-01-01

    This book brings together a selection of the best papers from the sixteenth edition of the Forum on specification and Design Languages Conference (FDL), which was held in September 2013 in Paris, France. FDL is a well-established international forum devoted to dissemination of research results, practical experiences and new ideas in the application of specification, design and verification languages to the design, modeling and verification of integrated circuits, complex hardware/software embedded systems, and mixed-technology systems. • Covers applications of formal methods for specification, verification and debug; • Includes embedded analog and mixed-signal system design; • Enables model-driven engineering for embedded systems design and development.

  15. Inauguration du C/R Forum (Belgique

    Directory of Open Access Journals (Sweden)

    2009-04-01

    Full Text Available Le 16 février dernier, la Vlaamse beroepsvereniging Conservatie en Restauratie Forum (C/R Forum a été constituée à l'initiative de 18 personnes du milieu de la conservation/restauration et du secteur de la protection du patrimoine. Etant donné que la conservation et la gestion du patrimoine culturel mobilier et immobilier de même que la formation et la recherche relèvent des communautés et des régions, la nécessité est apparue depuis un certain temps de créer une organisation Flamande au sei...

  16. Regulatory environment and its impact on the market value of investor-owned electric utilities

    Science.gov (United States)

    Vishwanathan, Raman

    While other regulated industries have one by one been exposed to competitive reform, electric power, for over eighty years, has remained a great monopoly. For all those years, the vertically integrated suppliers of electricity in the United States have been assigned exclusive territorial (consumer) franchises and have been closely regulated. This environment is in the process change because the electric power industry is currently undergoing some dramatic adjustments. Since 1992, a number of states have initiated regulatory reform and are moving to allow retail customers to choose their energy supplier. There has also been a considerable federal government role in encouraging competition in the generation and transmission of electricity. The objective of this research is to investigate the reaction of investors to the prevailing regulatory environment in the electric utility industry by analyzing the market-to-book value for investor-owned electric utilities in the United States as a gauge of investor concern or support for change. In this study, the variable of interest is the market valuation of utilities, as it captures investor confidence to changes in the regulatory environment. Initially a classic regression model is analyzed on the full sample (of the 96 investor-owned utilities for the years 1992 through 1996), providing a total number of 480 (96 firms over 5 years) observations. Later fixed- and random-effects models are analyzed for the same full-sample model specified in the previous analysis. Also, the analysis is carried forward to examine the impact of the size of the utility and its degree of reliability on nuclear power generation on market values. In the period of this study, 1992--1996, the financial security markets downgraded utilities that were still operating in a regulated environment or had a substantial percentage of their power generation from nuclear power plants. It was also found that the financial market was sensitive to the size of

  17. [Development and validation of a questionnaire about the main variables affecting the individual investor's behavior in the Stock Exchange].

    Science.gov (United States)

    Pascual-Ezama, David; San Martín Castellanos, Rafael; Gil-Gómez de Liaño, Beatriz; Scandroglio, Bárbara

    2010-11-01

    Development and validation of a questionnaire about the main variables affecting the individual investor's behavior in the Stock Exchange. There is a considerable lack of information about the methodology usually used in most of the studies about individual investor's behavior. The studies reviewed do not show the method used in the selection of the items or the psychometric properties of the questionnaires. Because of the importance of investment in the Stock Exchange nowadays, it seems relevant to obtain a reliable instrument to understand individual investor's behavior in the Stock Exchange. Therefore, the goal of the present work is to validate a questionnaire about the main variables involved in individual investors' behavior in the Stock Exchange. Based on previous studies, we elaborated a questionnaire using the Delphi methodology with a group of experts. The internal consistency (Cronbach alpha=.934) and validity evidence of the questionnaire show that it may be an effective instrument and can be applied with some assurance.

  18. Take part in the Poster Forum

    CERN Multimedia

    2008-01-01

    The CERN Control Week will run from 17 to 23 May 2008. For the first time, the IT-CO group will be organising a "poster forum" on the theme of process control, which will be held in the main hall of Building 500 in Meyrin, near Restaurant No. 1 (see Bulletin No. 16/2008). If you wish to take part, there is still time to send your posters to Mathias Dutour or Stefan Lueders.

  19. Low-level waste forum meeting reports

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1992-12-31

    This paper provides highlights from the spring meeting of the Low Level Radioactive Waste Forum. Topics of discussion included: state and compact reports; New York`s challenge to the constitutionality of the Low-Level Radioactive Waste Amendments Act of 1985; DOE technical assistance for 1993; interregional import/export agreements; Department of Transportation requirements; superfund liability; nonfuel bearing components; NRC residual radioactivity criteria.

  20. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. This series of photos was taken during a speech he made as part of a visit to CERN.

  1. Online Gaming as a Virtual Forum

    OpenAIRE

    Payne, Matthew

    2005-01-01

    Due to concerns over its perceived ills, especially to children, most social science research on video gaming has focused on behavioral effects and content analysis. Meanwhile, surprisingly little qualitative research has been conducted on the social aspects of videogame culture. In their article, "Television as a Cultural Forum," Horace Newcomb and Paul Hirsch argue that television raises more questions than its narratives’ conclusions answer. In doing so, television becomes a cultural site ...

  2. The second rheumatic heart disease forum report.

    Science.gov (United States)

    Zühlke, Liesl J; Engel, Mark E; Remenyi, Bo; Wyber, Rosemary; Carapetis, Jonathan

    2013-09-01

    The second rheumatic heart disease (RHD) forum was held on February 18, 2013, at the Sixth World Congress of Pediatric Cardiology and Cardiac Surgery in Cape Town, South Africa, to focus attention on key areas in global RHD control, management, and prevention. Building on the foundation of the first RHD forum, over 150 interested participants met to discuss critical issues on the RHD landscape. Unique to this meeting was a mixture of diverse backgrounds and disciplines, all crucially important to the conversation around RHD control and prevention. Some clear priorities have emerged for RHD activities in the next era: the necessity for political intervention and policy change; increasing the health workforce by incorporating teaching, training, and task-shifting; revitalizing the research agenda by merging basic, clinical, and translational research; and obtaining universal access to high-quality penicillin. There was also an urgent request for new resources; for existing resources to be further developed, improved, and shared across platforms; and for resources to be supported in the nonmedical arena. Finally, the necessity of involving the patient community in the ongoing discussion was highlighted. The participants of both the first and second RHD forum represent a new, thriving, and growing community of RHD activists who should usher in a new era of significant improvements in RHD control and prevention. Copyright © 2013 World Heart Federation (Geneva). Published by Elsevier B.V. All rights reserved.

  3. 2nd Developers@CERN Forum

    CERN Multimedia

    CERN. Geneva

    2016-01-01

    Are you a Python guru or would you like to learn?   The Developers@CERN Forum is an event by developers, for developers, aimed at promoting knowledge and experience sharing. This edition will take place at the IT Amphitheatre, on the 30th and 31st of May afternoons. It will consist of a series of short presentations and workshops. The topic for this conference will be Python at CERN: language, frameworks and tools. Have you got an idea for a presentation or workshop? Then, tell us about it (deadline on 9th of May). Registration will open in early May. Please subscribe to developers-forum-announce@cern.ch mailing list for further information. This event will be made by developers for developers. We are counting on your presence, but also on your contributions! To learn more about the initiative, read the CERN Bulletin article. Organization You can get in touch us at developers-forum-organizers@cern.ch.

  4. The role of investor protection in corporate governance and accounting harmonization: Cross-country analysis in Asia

    Directory of Open Access Journals (Sweden)

    Ratna Wardhani

    2015-08-01

    Full Text Available The purpose of this research is to analyze the effect of law system for investor protection on implementation of corporate governance at company level and degree of convergence of local accounting standards to IFRS (International Financial Reporting Standards. The result shows that investor protection has positive effect on implementation of corporate governance and degree of convergence of local standard to IFRS. The evidence is consistent with the argument that firm can establish law environment well for their own, but the quality of corporate investor protection via implementation of corporate governance mechanisms will depend on efficiency of judicial system of the country where the firm operates; and the quality of accounting standard in one country is a signal of country’s commitment to investor protection in order to provide good protection for its investor; a country will tend to adopt higher quality of accounting standard to ensure financial reporting transparency. This indicates that investor protection can be the key to the quality of other governance mechanisms, both at institutional level such as accounting standards, and also at firm level such as corporate governance implementation.

  5. The Rights of Foreign Investors Over Land According to Investment Protection Treaties: a View from Latin America

    Directory of Open Access Journals (Sweden)

    Nicolás M. Perrone

    2016-01-01

    Full Text Available In the last ten years foreign investment in agriculture has increased notably in Latin America. Foreign investors, as much private as state, are interested in agricultural production, either for an expected benefit, or to assure the food supply. This increase in investment can be positive for the countries of the region. Nevertheless, in order to carry out this determination it is necessary to understand, among other things, the legal effects of these investment flows. This work maintains that the property rights acquired by foreign investors over the land and their agricultural undertakings may be different from the rights of national investors. This is because of foreign investment protection treaties. The strengthening of the rights of foreign investors affects the relationship between these investors and the receiving state. This article analyzes the effects of the rights of foreign investors in relation to five categories of state initiatives. Specifically, they are 1 the right to export production or the cost of exportation in the face of commercial and taxation measures; the right to continue a project in the face of changes within the regulatory paradigm; 3 the right to continue a project in the face of political change or new social preferences; 4 the right to receive better compensation in the face of agricultural reforms or programmes of historical reparation; 5 the right to maintain the business plan in the face of a food crisis.

  6. PREFACE: IV Nanotechnology International Forum (RUSNANOTECH 2011)

    Science.gov (United States)

    Dvurechenskii, Anatoly; Alfimov, Mikhail; Suzdalev, Igor; Osiko, Vyacheslav; Khokhlov, Aleksey; Son, Eduard; Skryabin, Konstantin; Petrov, Rem; Deev, Sergey

    2012-02-01

    Logo The RUSNANOTECH 2011 International Forum on Nanotechnology was held from 26-28 October 2011, in Moscow, Russia. It was the fourth forum organized by RUSNANO (Russian Corporation of Nanotechnologies) since 2008. In March 2011 RUSNANO was established as an open joint-stock company through the reorganization of the state corporation Russian Corporation of Nanotechnologies. RUSNANO's mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. Within the framework of the Forum Science and Technology Program, presentations on key trends of nanotechnology development were given by foreign and Russian scientists, R&D officers of leading international companies, universities and scientific centers. The science and technology program of the Forum was divided into four sections as follows (by following hyperlinks you may find each section's program including videos of all oral presentations): Nanoelectronics and Nanophotonics Nanomaterials Nanotechnology and Green Energy Nanotechnology in Healthcare and Pharma (United business and science & technology section on 'RUSNANOTECH 2011') The scientific program of the forum included more than 50 oral presentations by leading scientists from 15 countries. Among them were world-known specialists such as Professor S Bader (Argonne National Laboratory, USA), Professor O Farokzhad (Harvard Medical School, USA), Professor K Chien (Massachusetts General Hospital, USA), Professor L Liz-Marzan (University of Vigo), A Luque (Polytechnic University of Madrid) and many others. The poster session consisted of over 120 presentations, 90 of which were presented in the framework of the young scientists' nanotechnology papers competition. This volume of Journal of Physics: Conference Series includes a selection of 47 submissions. Section editors of the proceedings: Nanoelectronics and nanophotonics Corresponding Member of Russian Academy of

  7. Et forligsforum for børsnoterede selskaber og erstatningssøgende investorer

    DEFF Research Database (Denmark)

    Werlauff, Erik

    2014-01-01

    Artiklen analyserer den hollandske model for gruppeforlig ud fra et selskabs- og børsretligt perspektiv. Artiklen anskuer WCAM- proceduren hovedsageligt som et forum og værktøj for selskaber samt for aktionærer, der kræver erstatning på grundlag af utilstrækkelig eller manglende offentliggørelse ...

  8. 77 FR 26049 - Reaching Zero: Actions to Eliminate Substance-Impaired Driving Forum

    Science.gov (United States)

    2012-05-02

    ...-Impaired Driving Forum The National Transportation Safety Board (NTSB) will convene a Public Forum to... Deborah A.P. Hersman will chair the two-day forum and all five Board Members will participate. The forum... forum will identify the most effective, data-driven, science- based actions needed to ``reach zero...

  9. A Semantics-Based Information Distribution Framework for Large Web-Based Course Forum System

    Science.gov (United States)

    Chim, Hung; Deng, Xiaotie

    2008-01-01

    We propose a novel data distribution framework for developing a large Web-based course forum system. In the distributed architectural design, each forum server is fully equipped with the ability to support some course forums independently. The forum servers collaborating with each other constitute the whole forum system. Therefore, the workload of…

  10. IDENTIFIKASI EKSPEKTASI INVESTOR MELALUI KEBIJAKAN STRUKTUR MODAL, PROFITABILITAS, UKURAN PERUSAHAAN DAN GCPI

    Directory of Open Access Journals (Sweden)

    Sugeng Haryanto

    2014-09-01

    Full Text Available Penelitian ini bertujuan untuk menganalisis pengaruh kausalitas antara kebijakan struktur modal, ukuran perusahaan, profitabilitas yang diukur dengan ROA dan perapan GCG yang diukur dengan Good Corporate Perception Index (GCPI terhadap ekspektasi investor yang diukur dengan nilai perusahaan. Teknik  sampling yang digunakan dalam penelitian ini adalah purposive sampling. Sampel dalam penelitian ini adalah perusahan yang go public dan masuk dalam Indonesia Most Trusted Companies. Periode penelitian selama tahun 2012 dan 2013, serta mempublikasikan laporan keuangan 2012-2013. Jumlah sampel sebanyak 48 perusahaan. Teknik analisis yang digunakan regresi linier berganda. Hasil penelitian menunjukkan bahwa kebijakan struktur modal dan ukuran perusahaan tidak berpengaruh, sedangkan profitabilitas dan GCPI berpengaruh terhadap ekspektasi investor. Secarasimultan variabel kebijakan struktur modal, ukuran peusahaan, profitabilitas dan GCPI berpengaruh terhadap ekspektasi investor.The objective of the study was to analyze the causality influence among capital structure policy, firm size, profitability which was measured by ROA and the implementation of GCG which was measured by Good Corporate Perception Index  (GCPI toward the investors’ expectations which was measured by the company value. It was a purposive sampling study. The samples of this study were go public companies listed on the Indonesia’s Most Trusted Companies. The period of the study was in 2012 and 2013, and financial reports from 2012 to 2013. The total samples were 48 companies. The data were analyzed by multiple linear regressions. The result of the study showed that the capital structure policy and firm size did not  give any influence, whereas the profitability and GCPI gave influence toward the investors’ expectations. Furthermore; capital structure policy, firm size, profitability and GCPI variables influenced simultaneously toward investors’ expectations.

  11. Form and Function in Doing Business Rankings: is Investor Protection in Italy Still so Bad?

    Directory of Open Access Journals (Sweden)

    Luca Enriques

    2016-07-01

    Full Text Available The World Bank’s Doing Business Report (DBR ranks every year numerous jurisdictions across the globe according to their ability to facilitate business activities. Among the indexes contributing to the definition of the global competitiveness of the legislations, the “Protecting investors index” (PII measures the protection of minority shareholders in listed companies. In this paper, we analyse the DBR’s assessment of the Italian regulatory framework on investor protection. We find that the PII falls short of properly evaluating the applicable rules. First, it underrates Italy because the DBR evaluation falls short of properly evaluating the role performed by independent directors under Italian rules on related party transactions. In particular, the DBR fails to properly account for independent directors’ power to veto unfair transactions before they are submitted to the board, a safeguard that ensures minority investors’ protection at least as well as mandatory abstention by conflicted directors. Second, past DBR overrated the PII, so that subsequent reforms that substantially improved investor protection have not been grasped by more recent assessments, giving the misleading impression that no relevant changes have occurred. Far from representing one of the multiple coding errors reported in the literature, these flaws aptly show that the DBR methodology, while correctly attempting to preserve consistency in the evaluation of different jurisdictions, adopts an excessively formalistic approach and disregards the function of the rules it scrutinizes. In light of the influence that the DBR exerts on national policymakers, this approach is detrimental because it might induce window-dressing reforms. Moreover, it may rule out experimentation, which is key to ensuring that the applicable rules keep pace with the variety of techniques adopted to expropriate minority shareholders.

  12. Finding Question-Answer Pairs from Online Forums

    DEFF Research Database (Denmark)

    Cong, Gao; Wang, Long; Lin, Chin-Yew

    2008-01-01

    Online forums contain a huge amount of valuable user generated content. In this paper we address the problem of extracting question-answer pairs from forums. Question-answer pairs extracted from forums can be used to help Question Answering services (e.g. Yahoo! Answers) among other applications....... We propose a sequential patterns based classification method to detect questions in a forum thread, and a graph based propagation method to detect answers for questions in the same thread. Experimental results show that our techniques are very promising....

  13. Pandemic influenza communication: views from a deliberative forum

    National Research Council Canada - National Science Library

    Rogers, Wendy A; Street, Jackie M; Braunack-Mayer, Annette J; Hiller, Janet E

    2009-01-01

    To use a deliberative forum to elicit community perspectives on communication about pandemic influenza planning, and to compare these findings with the current Australian national communication strategy...

  14. Forum Theater’s potential as a Research Tool

    Directory of Open Access Journals (Sweden)

    Andrea Calsamiglia Madurga

    2016-03-01

    Full Text Available We present a theoretical and epistemological reflection on Forum Theater’s potential as a Research Tool. Our presence on social action and research has led us to a double reflection on qualitative research’s limitations on the affect studies and the Forum Theater’s potential as a research tool to tackle research about affects. After some specific experiences in action research (qualitative research on romantic love and gender violence, and the creation process of the Forum Theater “Is it a joke?”, we explore Forum Theatre’s possibilities as a research tool in the feminist epistemology framework.

  15. How Investor Structure Influences the Yield, Information Dissemination Efficiency, and Liquidity

    Directory of Open Access Journals (Sweden)

    Hongli Che

    2014-01-01

    Full Text Available This essay focuses on the investor structure of the stock index futures market and uses agent-based computational finance method to discuss how the volume-synchronized probability of informed trading (VPIN affects market absolute yield, information dissemination efficiency, and liquidity with different ratios of informed traders in the market. The result shows that the higher the proportion of informed traders is, the more the volatility of the market is. Furthermore, the result indicates that when the proportion of informed traders in the stock index futures market accounts for 1/3-1/2, the transparency and liquidity of the market will be better.

  16. Empirical Analysis of the Financial Behavior of Investors with Brand Approach (Case Study: Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Asgarnezhad Nouri Bagher

    2017-03-01

    Full Text Available Behavioral science in the field of finance and investment is among new topics raised in recent years. The relationship between financial sciences and other fields of social sciences such as financial psychology has caused researchers to do many researches regarding the behavior of investors in the financial markets and their reactions to different situations. Based on the theories of financial behavior, shareholders' decision to buy and sell stocks is under the influence of internal and external psychological factors. Through designing and experimental testing of the model of investors' financial behavior in the Tehran Stock Exchange with an emphasis on brand, this study was an attempt to investigate the influence of these factors. To this end, financial, psychological and social factors were considered as the most important external factors influencing the behavior of investors and, considering the mediating role of brand awareness, their impact on perceived risk and perceived return as well as investment intention was tested. The research population consisted of all individual investors in the Tehran Stock Exchange. In order to determine the sample size, considering unlimited population, Cochran formula was used and hence the sample size was determined to be 145. For data collection, standard questionnaire was used. Confirmatory factor analysis was used to test the reliability of the questionnaire and the research hypotheses were tested using path analysis. The results showed that psychological factors have a positive impact on perceived risk and returns. Financial factors had a positive impact on perceived risk but no impact on perceived return. The impact of social factors on perceived risk and perceived return was not confirmed. Moreover, the results showed that brand awareness has a moderating role in the relationship between social factors and perceived risk and return. However, its moderating role was not confirmed in the relationship

  17. Investor sentiment and stock returns: Evidence from provincial TV audience rating in China

    Science.gov (United States)

    Zhang, Yongjie; Zhang, Yuzhao; Shen, Dehua; Zhang, Wei

    2017-01-01

    In this paper, we advocate the provincial TV audience rating as the novel proxy for the provincial investor sentiment (PIS) and investigate its relation with stock returns. The empirical results firstly show that the PIS is positively related to stock returns. Secondly, we provide direct evidence on the existence of home bias in China by observing that the provincial correlation coefficient is significantly larger than the cross-provincial correlation coefficient. Finally, the PIS can explain a large proportion of provincial comovement. To sum up, all these findings support the role of the non-traditional information sources in understanding the "anomalies" in stock market.

  18. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Pictured here in front of String 2 - the full-scale test facility for LHC sytems - are (left to right) H. Wenninger, Mme M. Quirina, Mme Marie-Anne Heimo, N. Siegel, Mme Konrade Von Bremen, Prof. Roger Berthouzoz, Mme Thérèse Wolf, Prof. Dr. Med. Bernard Mach and M. Alexander Höchli.

  19. Forum of Mathematics for Industry 2013

    CERN Document Server

    Anderssen, Robert; Cheng, Jin; Fukumoto, Yasuhide; McKibbin, Robert; Polthier, Konrad; Takagi, Tsuyoshi; Toh, Kim-Chuan

    2014-01-01

    This book is a collection of papers presented at the Forum “The Impact of Applications on Mathematics” in October 2013. It describes an appropriate framework in which to highlight how real-world problems, over the centuries and today, have influenced and are influencing the development of mathematics and, thereby, how mathematics is reshaped, in order to advance mathematics and its application. The contents of this book address productive and successful interaction between industry and mathematicians, as well as the cross-fertilization and collaboration that result when mathematics is involved with the advancement of science and technology.

  20. HEDS-UP Mars Exploration Forum

    Science.gov (United States)

    Budden, Nancy Ann (Editor); Duke, Micheal B. (Editor)

    1998-01-01

    In the early 1990s, Duke and Budden convened a series of workshops addressing mission rationale, exploration objectives, and key constraints and issues facing human crews on Mars. The focal point was "why" the U.S. should fly humans to Mars. In the mid-1990s, strategies for a Mars mission matured and evolved, driven formally by NASA Johnson Space Center's Office of Exploration. In 1997, NASA published a report capturing the current thinking: the NASA Mars Reference Mission. In the 1997-1998 school year, HEDS-UP sponsored six universities to conduct design studies on Mars exploration, using the Reference Mission as a basis for their work. The 1998 Mars Exploration Forum presents the results of these university studies, suggesting "how" we might explore Mars, in terms of specific technical components that would enable human missions to Mars. A primary objective of the HEDS-UP Mars Exploration Forum was to provide a forum for active interaction among NASA, industry, and the university community on the subject of human missions to Mars. NASA scientists and engineers were asked to present the state of exploration for Mars mission options currently under study. This status "snapshot" of current Mars strategies set the stage for the six HEDS-UP universities to present their final design study results. Finally, a panel of industry experts discussed readiness for human missions to Mars as it pertains to the aerospace industries and technologies. A robust poster session provided the backdrop for government-industry-university discussions and allowed for feedback to NASA on the Mars Reference Mission. The common thread woven through the two days was discussion of technologies, proven and emerging, that will be required to launch, land, and sustain human crews on the Red Planet. As this decade (and indeed this millenium) draws to a close, Mars will continue to loom in our sights as the next target for human space exploration. It is our hope that the efforts of the Mars

  1. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Photo 01: Jean-Claude Landry, Department of the Interior, Agriculture and Environment, state of Geneva (right) in discussion with Peter Jenni, spokesperson for the ATLAS collaboration.

  2. 78 FR 25079 - Forum on Environmental Measurements Announcement of Competency Policy for Assistance Agreements

    Science.gov (United States)

    2013-04-29

    ... AGENCY Forum on Environmental Measurements Announcement of Competency Policy for Assistance Agreements... Agreements. SUMMARY: The Environmental Protection Agency's Forum on Environmental Measurements (FEM) is... and Technology Policy Council) established the Forum on Environmental Measurements (FEM) as a standing...

  3. A year in the life of an investor relations manager in the hydrogen technology section

    Energy Technology Data Exchange (ETDEWEB)

    Merer, R.M.; Dundas, A.J. [Stuart Energy Systems, Toronto, ON (Canada)

    2001-06-01

    The technical and cost challenges of hydrogen technology were discussed. Stuart Energy manufactures appliances that generate hydrogen from water, using electricity. The basis for the water electrolysis process is hydrogen generation and supply. This is the basis for fuel cell technology for all applications, energy storage, grid stabilization, and electric power generation from renewable energy sources. Stuart Energy develops the technology for the hydrogen economy for industrial, transportation, and regenerative power markets. In the past decade, the company has reduced the cost and size of its equipment significantly, creating a viable solution to the infrastructure needs of a hydrogen based economy. This presentation focused in part on the new techniques that are necessary to attract and maintain investor interest in Stuart Energy with particular emphasis on investor emotions since Stuart Energy's initial public offering (IPO) in October 2000. At the time, oil prices were high and hydrogen technology was in demand. Since that time, the hydrogen index has dropped significantly and share values are far from their peak. The author explained how stock valuation is determined and emphasized that the hydrogen economy will be built on steady technology development and not on volatile shareholder emotions. The technology promises to generate and use hydrogen in a manner that offers the same or better performance than today's technology, at greater convenience and lower cost. Hydrogen also offers benefits of energy security, higher efficiency and sustainable development. 1 ref.

  4. The Spreading of Financial Crisis: Effect of Investor Behavior or of Economic Channels

    Directory of Open Access Journals (Sweden)

    Ruxandra Vilag

    2011-05-01

    Full Text Available Objectives It’s very important to quantify the influence of various factors in the development offinancial crisis. Once these factors can be determined we can attempt to stop this phenomenon or at leastminimize its effects. Prior Work Previous studies have shown that the phenomenon of globalization makesextremely disturbing phenomena quickly transmitted from one market to another, provided that these marketswill be connected. But what is the explanation when countries not linked in any way react in same way at theappearance of disturbances in one of the country? Approach We study the phenomenon of contagion bycomparing the economy and financial market evolution, in Romania, during the last global financial crisis.Results We can conclude that the Romanian market actually reacts to the behavior of investors while the inthe real economy effects are felt much later and/or have a weaker intensity. Implications For investors it’simportant to follow their expectations of the market evolution much more than the current economicconditions. Value Knowing the influence of various factors in the evolution of financial markets we willknow what steps must be taken so that these crises will not be felt in the real economy or their impact will bereduced.

  5. Using Neural Data to Test A Theory of Investor Behavior: An Application to Realization Utility.

    Science.gov (United States)

    Frydman, Cary; Barberis, Nicholas; Camerer, Colin; Bossaerts, Peter; Rangel, Antonio

    2014-04-01

    We use measures of neural activity provided by functional magnetic resonance imaging (fMRI) to test the "realization utility" theory of investor behavior, which posits that people derive utility directly from the act of realizing gains and losses. Subjects traded stocks in an experimental market while we measured their brain activity. We find that all subjects exhibit a strong disposition effect in their trading, even though it is suboptimal. Consistent with the realization utility explanation for this behavior, we find that activity in the ventromedial prefrontal cortex, an area known to encode the value of options during choices, correlates with the capital gains of potential trades; that the neural measures of realization utility correlate across subjects with their individual tendency to exhibit a disposition effect; and that activity in the ventral striatum, an area known to encode information about changes in the present value of experienced utility, exhibits a positive response when subjects realize capital gains. These results provide support for the realization utility model and, more generally, demonstrate how neural data can be helpful in testing models of investor behavior.

  6. A Corporate Veto on Health Policy? Global Constitutionalism and Investor-State Dispute Settlement.

    Science.gov (United States)

    Hawkins, Benjamin; Holden, Chris

    2016-10-01

    The importance of trade and investment agreements for health is now widely acknowledged in the literature, with much attention now focused on the impact of investor-state dispute settlement (ISDS) mechanisms. However, much of the analysis of such agreements in the health field remains largely descriptive. We theorize the implications of ISDS mechanisms for health policy by integrating the concept of global constitutionalism with veto point theory. It is argued that attempts to constitutionalize investment law, through a proliferation of International Investment Agreements (IIAs), has created a series of new veto points at which corporations may seek to block new policies aimed at protecting or enhancing public health. The multiplicity of new veto points in this global "spaghetti bowl" of IIAs creates opportunities for corporations to venue shop; that is, to exploit the agreements, and associated veto points, through which they are most likely to succeed in blocking or deterring new regulation. These concepts are illustrated with reference to two case studies of investor-state disputes involving a transnational tobacco company, but the implications of the analysis are of equal relevance for a range of other industries and health issues. Copyright © 2016 by Duke University Press.

  7. KETIDAKSEIMBANGAN HAK DAN KEWAJIBAN ANTARA INVESTOR ASING DENGAN PEKERJA INDONESIA DALAM PENGATURAN PENANAMAN MODAL DAN KETENAGAKERJAAN

    Directory of Open Access Journals (Sweden)

    Mrs. Sulistyowati

    2015-10-01

    Full Text Available This research purports to identify and find the form of imparity on the rights and obligations of the foreign investors and Indonesian workers in Indonesian regulations of investment law. The imparity is shown in: (idiscrepancies in minimum wage among employee working in foreign investment and domestic investment;(ii rights and obligations; as well as (iii legal culture which perceives Indonesian employee as one ofthe production factors. Such imparity, however, are not without purpose. It is aimed to complete verticalharmonization to avoid overlapping regulations. Nonetheless, the author finds this imparity still bringmore favour to the foreign investors.   Penelitian ini ditujukan untuk mengidentifikasi dan menemukan bentuk-bentuk ketidakseimbangan hak dan kewajiban antara penanam modal asing dan pekerja Indonesia dalam peraturan perundang-undanganmengenai penanaman modal. Ketidakseimbangan tampak pada: (i upah minimum yang sama terhadappekerja Indonesia baik yang bekerja di PMA maupun PMDN; (ii hak dan kewajiban; serta (iii budayahukum yang menganggap pekerja Indonesia sebagai salah satu faktor produksi yang sama halnya denganfaktor produksi lainnya. Ketidakseimbangan ini bukanlah tanpa tujuan. Ketidakseimbangan yang adaditujukan untuk menciptakan harmonisasi vertikal dalam rangka menghindari kebijakan yang tumpangtindih. Hanya saja, penulis berpendapat bahwa ketidakseimbangan ini masih lebih menguntungkanpenanam modal asing.

  8. KETIDAKSEIMBANGAN HAK DAN KEWAJIBAN ANTARA INVESTOR ASING DENGAN PEKERJA INDONESIA DALAM PENGATURAN PENANAMAN MODAL DAN KETENAGAKERJAAN

    Directory of Open Access Journals (Sweden)

    Mrs. Sulistyowati

    2015-10-01

    Full Text Available This research purports to identify and find the form of imparity on the rights and obligations of the foreign investors and Indonesian workers in Indonesian regulations of investment law. The imparity is shown in: (idiscrepancies in minimum wage among employee working in foreign investment and domestic investment;(ii rights and obligations; as well as (iii legal culture which perceives Indonesian employee as one ofthe production factors. Such imparity, however, are not without purpose. It is aimed to complete verticalharmonization to avoid overlapping regulations. Nonetheless, the author finds this imparity still bringmore favour to the foreign investors. Penelitian ini ditujukan untuk mengidentifikasi dan menemukan bentuk-bentuk ketidakseimbangan hak dan kewajiban antara penanam modal asing dan pekerja Indonesia dalam peraturan perundang-undanganmengenai penanaman modal. Ketidakseimbangan tampak pada: (i upah minimum yang sama terhadappekerja Indonesia baik yang bekerja di PMA maupun PMDN; (ii hak dan kewajiban; serta (iii budayahukum yang menganggap pekerja Indonesia sebagai salah satu faktor produksi yang sama halnya denganfaktor produksi lainnya. Ketidakseimbangan ini bukanlah tanpa tujuan. Ketidakseimbangan yang adaditujukan untuk menciptakan harmonisasi vertikal dalam rangka menghindari kebijakan yang tumpangtindih. Hanya saja, penulis berpendapat bahwa ketidakseimbangan ini masih lebih menguntungkanpenanam modal asing.

  9. Description and experience: How experimental investors learn about booms and busts affects their financial risk taking.

    Science.gov (United States)

    Lejarraga, Tomás; Woike, Jan K; Hertwig, Ralph

    2016-12-01

    A few years ago, the world experienced the most severe economic crisis since the Great Depression. According to the depression baby hypothesis, people who live through such macroeconomic shocks take less financial risk in their future lives (e.g., lower stock market participation). This hypothesis has previously been tested against survey data. Here, we tested it in a simulated experimental stock market (based on the Spanish stock index, IBEX-35), varying both the length of historical data available to participants (including or excluding a macroeconomic shock) and the mode of learning about macroeconomic events (through sequential experience or symbolic descriptions). Investors who learned about the market from personal experience took less financial risk than did those who learned from graphs, thus echoing the description-experience gap observed in risky choice. In a second experiment, we reversed the market, turning the crisis into a boom. The description-experience gap persisted, with investors who experienced the boom taking more risk than those who did not. The results of a third experiment suggest that the observed gap is not driven by a wealth effect, and modeling suggests that the description-experience gap is explained by the fact that participants who learn from experience are more risk averse after a negative shock. Our findings highlight the crucial role of the mode of learning for financial risk taking and, by extension, in the legally required provision of financial advice. Copyright © 2016 Elsevier B.V. All rights reserved.

  10. FINANCING MECHANISMS FOR INVESTMENT PROJECTS IN THE AGRICULTURAL SECTOR OF UKRAINE'S ECONOMY INVOLVING ANGEL INVESTORS

    Directory of Open Access Journals (Sweden)

    T. Nagachevska

    2014-06-01

    Full Text Available The challenges connected with attracting foreign investments into the agricultural sector of the Ukrainian economy as well as diversification of forms of international investments are actual due to the immediate needs of realization of innovative development, technological upgrading and strengthening of agricultural sector attractiveness on the world market. Current situation and problems connected with attracting foreign investments into the agricultural sector of the Ukrainian economy are revealed. It is detected that level of attracting foreign investments into the agricultural sector of Ukraine and into AIC together don't meet the needs of its innovative potential. The following factors of agricultural sector attractiveness have been considered: high soil fertility and favorable weather conditions for growing crops; export capacity; high yield of the Ukrainian farming companies; undervalued assets and low level of capitalization of agricultural companies; attractive tax regime for agricultural producers. It is recommended that agricultural producers should indicate these factors in investment proposals and projects that they present to potential international investors. State investment policy in the agricultural sector is viewed to consolidate the resource base and the sources of investment have been determined. Suggestions to expand the financing mechanisms for investment projects in the agricultural sector involving angel investors have been justified. Economic feasibility of attracting foreign investments for financing of innovation activity of farming companies has been revealed. The key requirements and main stages of investments of angel investment association have been described.

  11. Forum on Specifications and Design Languages 2012

    CERN Document Server

    2014-01-01

    This book brings together a selection of the best papers from the fifteenth edition of the Forum on specification and Design Languages Conference (FDL), which was held in September 2012 at Vienna University of Technology, Vienna, Austria.  FDL is a well-established international forum devoted to dissemination of research results, practical experiences and new ideas in the application of specification, design and verification languages to the design, modeling and verification of integrated circuits, complex hardware/software embedded systems, and mixed-technology systems.  ·         Covers Assertion Based Design, Verification & Debug; ·         Includes language-based modeling and design techniques for embedded systems; ·         Covers design, modeling and verification of mixed physical domain and mixed signal systems that include significant analog parts in electrical and non-electrical domains; ·         Includes formal and semi-formal system level design methods fo...

  12. European Non Destructive Examination Forum (ENDEF)

    Energy Technology Data Exchange (ETDEWEB)

    Deffrennes, M. [EC, DG XVII, Nuclear Energy, Brussels (Belgium); Engl, G. [Siemens AG Energieerzeugung KWU, Erlangen (Germany); Estorff, U. von [EC, JRC/IAM, Petten (Netherlands)

    1998-11-01

    ENDEF, an initiative of the European Commission, DG XVII (Energy) was well supported by the European industrial institutions working in assistance with nuclear industrial organisations in the CEEC`s (Central and Eastern European Countries) and NIS`s (New Independent States). This Forum provides effectively a platform for open discussion between representatives of industrial actors active in the NDE (Non Destructive Examination)/ISI (In Service Inspection) field with the purpose to establish a co-operation pattern between qualified representatives of the EU (European Union) industry to offer a better co-ordinated and well defined assistance to the CEEC`s and NIS in the field of NDE/ISI, and to lay the ground for further industrial co-operation. ENDEF developed a strategy to follow for the establishment of co-operation projects. This strategy is now used to understand the extent of past or present assistance projects and to identify the areas where more co-operation is needed. ENDEF encourages the creation in the NIS`s and CEEC`s of similar forums in order to increase the co-operation and co-ordination. ENDEF is also working in perfect agreement with the European Network ENIQ, piloted by the European plant operators. This identity of views lead to the leadership by the ENDEF co-ordinator of the ENIQ Task 3 involving Applications of the European Methodology for ISI qualification in the CEEC`s and NIS`s and presently fully integrated in ENDEF. (orig.)

  13. Proceedings of the business and investment forum 'renewable energy in Africa'. A Thermie and UNESCO action; Recueil des interventions du forum d'affaires 'energies renouvelables en Afrique'. Une action du programme Thermie et de l'Unesco

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-07-01

    One of the objectives of THERMIE (which is the demonstration component of the Research and Technological Development JOULE-THERMIE programme of the European community in non-nuclear energy technologies) is to promote co-operation in the field of renewable energy technologies between the European Union and African countries. The World Solar Programme 1996-2005 adopted during the Harare summit (September 96) organised by UNESCO in co-operation with the European Commission, recommends a wider use of renewable energy sources, through the implementation of national high priority projects. This Business and investment Forum is an integral part of the follow-up to the World Solar Summit. Following QUITO in September 98 and HARARE in March 99, similar events will be organised in other Regions, with an ADEME co-ordination. The Forum was specifically targeted at decision and policy-makers, local authorities, investors and international co-operation agencies, industrialists, institutional representatives and programme managers working in the field of Renewable Energy. One of the main goals of this Forum is to promote investments and financing opportunities for projects using efficient renewable energy technologies, for a sustainable development in Africa. (author)

  14. 76 FR 13984 - Cloud Computing Forum & Workshop III

    Science.gov (United States)

    2011-03-15

    ... National Institute of Standards and Technology Cloud Computing Forum & Workshop III AGENCY: National... announces the Cloud Computing Forum & Workshop III to be held on April 7 and 8, 2011. The event will include... tactical Cloud Computing program, including progress on the NIST efforts to advance open standards in...

  15. 75 FR 64258 - Cloud Computing Forum & Workshop II

    Science.gov (United States)

    2010-10-19

    ... National Institute of Standards and Technology Cloud Computing Forum & Workshop II AGENCY: National... announces the Cloud Computing Forum & Workshop II to be held on November 4 and 5, 2010. This workshop will provide information on a Cloud Computing Roadmap Strategy as well as provide an updated status on NIST...

  16. The Madikwe Forum: a comprehensive partnership for supporting ...

    African Journals Online (AJOL)

    ... the operation of the forum as well as a lack of focus on monitoring and evaluation, which requires the forum's urgent attention. Keywords: ACHAP, donors, international organisations, multisectoral collaboration, public–private partnerships, sub-Saharan Africa, sustainability. African Journal of AIDS Research 2012, 11(1): ...

  17. Report on the UN University Midday Forum on Partnerships

    NARCIS (Netherlands)

    2010-01-01

    textabstractThis report summarizes and discusses the UN University Midday Forum on cross-sector partnerships held in July 2010. On the 30th of June 2010, at 13:30 pm New York Time, the United Nations University organized the UNU Midday Forum on public-private partnerships.The main speaker at the

  18. Economic Research Forum - Core Support 2012-2014 | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Economic Research Forum - Core Support 2012-2014. The Economic Research Forum (ERF) is a Cairo-based regional economics research network with 269 affiliate researchers. It promotes economic research on inclusive sustainable development in the Middle East and North Africa. Over the next three years, its work will ...

  19. 27th USDA interagency research forum on Invasive species

    Science.gov (United States)

    Katherine A. McManus

    2016-01-01

    This meeting was the 27th in a series of annual USDA Interagency Research Forums that are sponsored by the Forest Service, Animal and Plant Health Inspection Service, National Institute of Food and Agriculture, and Agriculture Research Service. The Group’s original goal of fostering communication and providing a forum for the overview of ongoing research among the...

  20. 26th USDA interagency research forum on invasive species

    Science.gov (United States)

    Katherine A. McManus; Kurt W. Gottschalk

    2015-01-01

    This meeting was the 26th in a series of annual USDA Interagency Research Forums that are sponsored by the Forest Service, Animal and Plant Health Inspection Service, National Institute of Food and Agriculture, and Agriculture Research Service. The Group's original goal of fostering communication and providing a forum for the overview of ongoing research among the...

  1. Building Problem Forums: On Troubleshooting in the Professional Writing Classroom

    Science.gov (United States)

    Vealey, Kyle P.

    2016-01-01

    This article describes the use of "problem forums" in undergraduate professional writing courses as a technique for facilitating and sustaining learning from increasingly complex, messy, and wicked problems that are characteristic of 21st-century work. Problem forums are designed to scaffold project team discussions of rhetorical,…

  2. Online self-help forums on cannabis: A content assessment.

    Science.gov (United States)

    Greiner, Christian; Chatton, Anne; Khazaal, Yasser

    2017-10-01

    To investigate online self-help forums related to cannabis users who were searching for help on the Internet. We analyzed the content of 717 postings by 328 users in three online forums in terms of fields of interest and self-help mechanisms. Only English-language forums that were free of charge and without registration were investigated. The main self-help mechanisms were disclosure and symptoms, with relatively few posts concerning legal issues and social perceptions. The forums differed significantly in all fields of interest and self-help mechanisms except for social network and financial and vocational issues. Highly involved users more commonly posted on topics related to diagnosis, etiology/research, and provision of information and less commonly on those related to gratitude. Correlation analysis showed a moderate negative correlation between emotional support and illness-related aspects and between emotional support and exchange of information. Cannabis forums share similarities with other mental health forums. Posts differ according to user involvement and the specific orientation of the forum. The Internet offers a viable source of self-help and social support for cannabis users, which has potential clinical implications in terms of referring clients to specific forums. Copyright © 2017 Elsevier B.V. All rights reserved.

  3. The Environmental and Ecological Forum 1970-1971.

    Science.gov (United States)

    Atomic Energy Commission, Washington, DC. Office of Information Services.

    This report contains the papers presented in the 1970-1971 Environmental and Ecological Forum series, planned to provide an overview of the significant environmental, social, and economic aspects of electric power generation, more specifically, the pros and cons of nuclear power production. The Forum was organized as a public service to foster…

  4. Pandemic influenza communication: views from a deliberative forum.

    Science.gov (United States)

    Rogers, Wendy A; Street, Jackie M; Braunack-Mayer, Annette J; Hiller, Janet E

    2009-09-01

    To use a deliberative forum to elicit community perspectives on communication about pandemic influenza planning, and to compare these findings with the current Australian national communication strategy. Deliberative forum of 12 persons randomly selected from urban South Australia. Forum members were briefed by experts in infection control, virology, ethics and public policy before deliberating on four key questions: what, how and when should the community be told about pandemic influenza and by whom? The forum recommended provision of detailed and comprehensive information by credible experts, rather than politicians, using a variety of media including television and internet. Recommendations included cumulative communication to build expertise in the community, and specific strategies to include groups such as young people, people with physical or mental disabilities, and rural and remote communities. Information provided should be practical, accurate, and timely, with no 'holding back' about the seriousness of a pandemic. The forum expressed confidence in the expert witnesses, despite the acknowledged uncertainty of many of the predictions. The deliberative forum's recommendations were largely consistent with the Australian national pandemic influenza communication strategy and the relevant literature. However, the forum recommended: release of more detailed information than currently proposed in the national strategy; use of non-political spokespersons; and use of novel communication methods. Their acceptance of uncertainty suggests that policy makers should be open about the limits of knowledge in potentially threatening situations. Our findings show that deliberative forums can provide community perspectives on topics such as communication about pandemic influenza.

  5. Drivers of city development: Moscow Urban Forum review

    Directory of Open Access Journals (Sweden)

    I. A. Vershinina

    2015-01-01

    Full Text Available This review is dedicated to the problems of modern cities, which discussed on IV Moscow Urban Forum in December 2014. Participants of this Forum discussed possibilities and challengers that affect modern megacities and revealed the prospects of their development, which are considered not only in terms of efficient management, but also from the viewpoint of city residents.

  6. The Madikwe Forum: a comprehensive partnership for supporting ...

    African Journals Online (AJOL)

    ... this success. However, problems exist regarding the operation of the forum as well as a lack of focus on monitoring and evaluation, which requires the forum's urgent attention. Keywords: ACHAP, donors, international organisations, multisectoral collaboration, public–private partnerships, sub-Saharan Africa, sustainability

  7. Transitioning through College with Diabetes: Themes Found in Online Forums

    Science.gov (United States)

    Ravert, Russell D.; Boren, Suzanne A.; Wiebke, Emily

    2015-01-01

    Objective: Content analysis of Internet-based diabetes forum text was used to examine the experiences encountered by students with diabetes transitioning into and through college. Participants: Forum posts (N = 238) regarding attending college with diabetes were collected and analyzed. Methods: Thematic coding was used to identify prominent…

  8. Practicing Multilingual Identities: Online Interactions in a Korean Dramas Forum

    Science.gov (United States)

    Kim, Grace MyHyun

    2016-01-01

    This article presents the language practices of global youth who populate an online discussion forum devoted to Korea-produced dramas. Qualitative data included the writing, visual images, and interactions created within the forum. Findings revealed youth from geographically disparate places using new media affordances to engage with a minority…

  9. IDRC at the Africa Green Revolution Forum 2017 | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2017-10-13

    Oct 13, 2017 ... This year's Africa Green Revolution Forum (AGRF) in Abidjan, Côte d'Ivoire, was attended by close to 1000 participants including policymakers, agricultural businesses, researchers, and agriculture donors. IDRC hosted several events throughout the Forum, which ran from September 4-8.

  10. How value-glamour investors use financial information:UK evidence of investor’s confirmation bias

    OpenAIRE

    Doung, C.; Pescetto, G.; Santamaria, D.

    2014-01-01

    The paper investigates investor’s behaviour in the context of value–glamour investing and fundamental analysis, and provides a direct test of the confirmation bias by bringing together the evidence from several strands of literature into a well-defined framework of investor behaviour. The empirical evidence presented is in line with a model of\\ud investor’s asymmetric reaction to good and bad news due to confirmation bias. Pessimistic value investors typically under-react to good financial in...

  11. NEVER BOUGHT, ALWAYS SOLD: Salesmanship, the Small Investor, and the Early Postwar Surge in Mutual Fund Participation

    Directory of Open Access Journals (Sweden)

    Janice M. Traflet

    2009-01-01

    Full Text Available Though today millions of investors flock to them, in 1945, mutual funds exuded no widespread appeal. This essay examines how, why, and when mutual funds first began to regain — and, indeed, exceed — the popularity they had only briefly enjoyed in the 1920s. A key focus is on the role of marketers in stimulating popular interest in mutual funds, particularly among small investors. As will be argued, the surge in mutual fund participation, which began in earnest after the Second World War, should be considered neither accidental nor inevitable.

  12. National Quality Forum Metrics for Thoracic Surgery.

    Science.gov (United States)

    Cipriano, Anthony; Burfeind, William R

    2017-08-01

    The National Quality Forum (NQF) is a multistakeholder, nonprofit, membership-based organization improving health care through preferential use of valid performance measures. NQF-endorsed measures are considered the gold standard for health care measurement in the United States. The Society of Thoracic Surgeons is the steward of the only six NQF-endorsed general thoracic surgery measures. These measures include one structure measure (participation in a national general thoracic surgery database), two process measures (recording of clinical stage and recording performance status before lung and esophageal resections), and three outcome measures (risk-adjusted morbidity and mortality after lung and esophageal resections and risk-adjusted length of stay greater than 14 days after lobectomy). Copyright © 2017 Elsevier Inc. All rights reserved.

  13. Forum Math-for-Industry 2015

    CERN Document Server

    Broadbridge, Philip; Fukumoto, Yasuhide; Kamiyama, Naoyuki; Mizoguchi, Yoshihiro; Polthier, Konrad; Saeki, Osamu

    2017-01-01

    This book is a collection of papers presented at the “Forum Math-for-Industry 2015” for which the unifying theme was “The Role and Importance of Mathematics in Innovation”, held at the Institute of Mathematics for Industry, Kyushu University, October 26–30, 2015. The theme highlights two key roles that mathematics plays in supporting innovation in science, technology, and daily life, namely, needs-based and idea-based. For the former, mathematics assists with sorting through the possibilities and putting matters on a more rigorous foundation, and for the latter, mathematical models of the possible implementations play a key role. The book gives excellent examples of how mathematics assists with stimulating innovation and, thereby, highlights the importance and relevance of the concept Mathematics_FOR_Industry. The contents of this volume address productive and successful interaction between industry and mathematicians, as well as the cross-fertilization and collaboration that result when mathematics...

  14. Ambient Assisted Living : Italian forum 2013

    CERN Document Server

    Siciliano, Pietro; Germani, Michele; Monteriù, Andrea

    2014-01-01

    This book presents the refereed proceedings of the Fourth Italian Forum on Ambient Assisted Living (AAL), held in Ancona, Italy, in October 2013. A wide range of issues are covered, and new technological developments are described which will support the autonomy and independence of individuals with special needs through an innovative and integrated approach, designed to respond to the socio-economic challenges of an aging population. Topics addressed include: health and well-being, prevention and rehabilitation, and support for care providers; active aging and its social implications; services for the frail elderly with health problems and their families; nutrition; ICT platforms/technologies for the benefit of the elderly; home automation and control technologies (autonomy, safety, and energy saving); smart cities and smart communities; telemedicine, telerehabilitation, and telecare; mobility, participation, and social inclusion; games and fun for the elderly; building design; social housing; interface desig...

  15. HP-SEE User Forum 2012

    CERN Document Server

    Karaivanova, Aneta; Oulas, Anastasis; Liabotis, Ioannis; Stojiljkovic, Danica; Prnjat, Ognjen

    2014-01-01

    This book is a collection of carefully reviewed papers presented during the HP-SEE User Forum, the meeting of the High-Performance Computing Infrastructure for South East Europe’s (HP-SEE) Research Communities, held in October 17-19, 2012, in Belgrade, Serbia. HP-SEE aims at supporting and integrating regional HPC infrastructures; implementing solutions for HPC in the region; and making HPC resources available to research communities in SEE, region, which are working in a number of scientific fields with specific needs for massively parallel execution on powerful computing resources. HP-SEE brings together research communities and HPC operators from 14 different countries and enables them to share HPC facilities, software, tools, data and research results, thus fostering collaboration and strengthening the regional and national human network; the project specifically supports research groups in the areas of computational physics, computational chemistry and the life sciences. The contributions presented i...

  16. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Photo 01: (left to right) Konrade Von Bremen, Claude-Olivier Rochat, T. Virdee and Guillaume Pictet in front of one of the two end-caps of the CMS detector at the assembly site. The brass structure in the top right-hand corner is part of the hadronic calorimeter that will measure the energy of strongly interacting particles produced in collisions at the LHC.

  17. Forum of Mathematics for Industry 2014

    CERN Document Server

    Broadbridge, Philip; Fukumoto, Yasuhide; Kajiwara, Kenji; Takagi, Tsuyoshi; Verbitskiy, Evgeny; Wakayama, Masato

    2016-01-01

    This book is a collection of papers presented at the conference “Forum Math-for-Industry 2014” for which the unifying theme was “Applications + Practical Conceptualization + Mathematics = fruitful Innovation” in October 2014. This epigram encapsulates the dynamics of the process that takes an application through to an innovation. Industrial mathematics can be viewed as the causal engine that implements the epigram by taking an Application such as input and convolving it with a mixture of Practical Conceptualization and Mathematics to generate a fruitful Innovation as output. The book illustrates various aspects of the two-way interaction between applications and their association highlighting how practical conceptualization assists with the linking of the question that encapsulates the current application to the relevant mathematics. The contents of this volume address productive and successful interaction between industry and mathematicians, as well as the cross-fertilization and collaboration that r...

  18. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. Photo 01: (left to right) Mrs Mireille Quirina; D. Denegri, Physics Coordinator, CMS experiment; and Mrs Marisa Jaconi at the CMS detector's assembly site. In the background is the CMS magnet system under construction. The red concentric rings are part of the barrel yoke, which returns the magnetic flux generated by the superconducting coil. Supported from the innermost barrel ring is the outer cylinder of the vacuum tank that will house the superconducting coil.

  19. Members of the Forum Engelberg visit CERN

    CERN Document Server

    Patrice Loïez

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President is Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996. He is seen here visiting building SM18, which houses String 2: the test facility for LHC systems. Photo 01: (left to right) Mme Jaconi, Prof. Roger Berthouzoz, M. Guillaume Pictet, M. Claude Bagnoud, R. Saban and Hubert Curien. Photo 02: (left to right) R. Saban, M. Jean-Claude Rochat, Hubert Curien and M. Guillaume Pictet. Photo 03: (left to right) R. Saban, M. Jean-Claude Rochat and Hubert Curien.

  20. PREFACE: Rusnanotech 2010 International Forum on Nanotechnology

    Science.gov (United States)

    Kazaryan, Konstantin

    2011-03-01

    The Rusnanotech 2010 International Forum on Nanotechnology was held from November 1-3, 2010, in Moscow, Russia. It was the third forum organized by RUSNANO (Russian Corporation of Nanotechnologies) since 2008. In March 2011 RUSNANO was established as an open joint-stock company through the reorganization of the state corporation Russian Corporation of Nanotechnologies. RUSNANO's mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. Within the framework of the Forum Science and Technology Program, presentations on key trends of nanotechnology development were given by foreign and Russian scientists, R&D officers of leading international companies, universities and scientific centers. The science and technology program of the Forum was divided into eight sections as follows (by following hyperlinks you may find each section's program including videos of all oral presentations): Catalysis and Chemical Industry Nanobiotechnology Nanodiagnostics Nanoelectronics Nanomaterials Nanophotonics Nanotechnolgy In The Energy Industry Nanotechnology in Medicine The scientific program of the forum included 115 oral presentations by leading scientists from 15 countries. Among them in the "Nanomaterials" section was the lecture by Dr Konstantin Novoselov, winner of the Nobel Prize in Physics 2010. The poster session consisted of over 500 presentations, 300 of which were presented in the framework of the young scientists' nanotechnology papers competition. This volume of the Journal of Physics: Conference Series includes a selection of 57 submissions. The scientific program committee: Prof Zhores Alferov, AcademicianVice-president of Russian Academy of Sciences, Nobel Prize winner, Russia, Chairman of the Program CommitteeProf Sergey Deev, Corresponding Member of Russian Academy of SciencesHead of the Laboratory of Molecular Immunology, M M Shemyakin and Yu A Ovchinnikov

  1. Asset price and trade volume relation in artificial market impacted by value investors

    Science.gov (United States)

    Tangmongkollert, K.; Suwanna, S.

    2016-05-01

    The relationship between return and trade volume has been of great interests in a financial market. The appearance of asymmetry in the price-volume relation in the bull and bear market is still unsettled. We present a model of the value investor traders (VIs) in the double auction system, in which agents make trading decision based on the pseudo fundamental price modelled by sawtooth oscillations. We investigate the system by two different time series for the asset fundamental price: one corresponds to the fundamental price in a growing phase; and the other corresponds to that in a declining phase. The simulation results show that the trade volume is proportional to the difference between the market price and the fundamental price, and that there is asymmetry between the buying and selling phases. Furthermore, the selling phase has more significant impact of price on the trade volume than the buying phase.

  2. GAME THEORY: MINIMISING THE COST OF CAPITAL VS. MAXIMISING THE RETURN OF INVESTORS

    Directory of Open Access Journals (Sweden)

    Mihaela Brindusa Tudose

    2014-12-01

    Full Text Available The application of game theory to financial transactions focuses on two categories of stakeholders: users of financing (firms and providers of financing (investors. The core of game theory consists in the strategy that a partner is able to build starting from the possible decisions of the other partner (each party having opposing interests. In fact, we deal here with a cooperative game in which both opponents seek to maximise their own chances of winning. The article aims to highlight the manner in which mathematical game theory is transposed in the field of corporate finance by balancing the firm’s objectives (maximising market value by minimising the cost of raising capital and the investors’ objectives (maximising returns on investments. The intended novelty of this paper lies in developing a model for optimising a firm’s financial structure and assessing it in terms of investors’ interests.

  3. The ethical commitment of independent directors in different contexts of investor protection

    Directory of Open Access Journals (Sweden)

    Isabel María García-Sánchez

    2015-04-01

    Full Text Available The purpose of this study is to compare, for countries with different legal environments, the degree to which boards of directors may improve corporate ethical behaviour by designing codes of ethics. These codes address issues such as a company's responsibility regarding the quality of its products and services, compliance with laws and regulations, conflicts of interest, corruption and fraud, and protection of the natural environment. Using a sample of firms from 12 countries, we obtain evidence that a greater presence of independent directors on the board leads to the existence of more complex codes of ethics. Moreover, there are significant differences between countries with high levels and countries with low levels of investor protection as regards the effectiveness of independent directors in constraining unethical behaviour by managers.

  4. Personality Traits and Susceptibility to Behavioral Biases among a Sample of Polish Stock Market Investors

    Directory of Open Access Journals (Sweden)

    Rzeszutek Marcin

    2015-09-01

    Full Text Available The aim of this paper is to investigate whether susceptibility to selected behavioral biases (overconfidence, mental accounting and sunk-cost fallacy is correlated with the Eysenck’s [1978] personality traits (impulsivity, venturesomeness, and empathy. This study was conducted on a sample of 90 retail investors frequently investing on the Warsaw Stock Exchange. Participants filled out a survey made up of two parts: 1 three situational exercises, which assessed susceptibility to behavioral biases and 2 an Impulsiveness Questionnaire, which measures impulsivity, venturesomeness, and empathy. The results demonstrated the relationship between venturesomeness and susceptibility to all behavioral biases explored in this study. We find that higher level of venturesomeness was linked with a lower probability of all behavioral biases included in this study.

  5. Investor to State Dispute Cases on the NAFTA: Facts and Implications

    Directory of Open Access Journals (Sweden)

    Kwan-Ho Kim

    1998-09-01

    Full Text Available Korea is about to take part in the MAI (Multilateral Agreement on Investment and sign the Korea-US investment agreement and so on. One major way to testify the possible trade dissensions we might face under these agreements is to observe the dissension cases under the NAFTA investment agreement which is similar to these agreements. The problems which found in NAFTA dissension cases, such as the discordant standing points among sections, the relationship between the central government and local governments, the coherence of the policies and the unreasonable domestic regulations are also our problems. The dissensions causing by the oversea investors might blemish the image of the country which attracts investments. The most ideal way is to prevent the dissensions. If it happened, it should be solved in a friendly way. This thesis discussed the grievance machinery or trouble shooter which was recently added into the investment promotion act and the effective operation of the foreign investment committee.

  6. Influence of the Investor's Behavior on the Complexity of the Stock Market

    Science.gov (United States)

    Atman, A. P. F.; Gonçalves, Bruna Amin

    2012-04-01

    One of the pillars of the finance theory is the efficient-market hypothesis, which is used to analyze the stock market. However, in recent years, this hypothesis has been questioned by a number of studies showing evidence of unusual behaviors in the returns of financial assets ("anomalies") caused by behavioral aspects of the economic agents. Therefore, it is time to initiate a debate about the efficient-market hypothesis and the "behavioral finances." We here introduce a cellular automaton model to study the stock market complexity, considering different behaviors of the economical agents. From the analysis of the stationary standard of investment observed in the simulations and the Hurst exponents obtained for the term series of stock index, we draw conclusions concerning the complexity of the model compared to real markets. We also investigate which conditions of the investors are able to influence the efficient market hypothesis statements.

  7. A Tale of Two Small Business Grants: The Best of Times, the Worst of Times from the NASA Ames Small Business Innovative Research (SBIR) Program

    Science.gov (United States)

    Kojiro, Daniel R.; Lee, Geoffrey S.

    2006-01-01

    The purposes of the SBIR Program are to: stimulate technological innovation in the private sector; strengthen the role of Small Business Concerns (SBCs) in meeting Federal research and development needs; increase the commercial application of these research results; and encourage participation of socially and economically disadvantaged persons and women-owned small businesses. The process can be highly rewarding, providing the small business with resources to pursue research and development with a focus on providing NASA with new and advanced capabilities. We present two examples of how the NASA Ames SBIR Program has addressed these purposes, nurturing innovative ideas from small, businesses into commercially viable products that also address analytical needs in space research. These examples, from the Science Instruments for Conducting Solar System Exploration Subtopic, describe the journey from innovative concept to analytical instrument, one successful and one hampered by numerous roadblocks (including some international intrigue}.

  8. Importance of foreign investors for Russian power industry in prospect of energy revolution

    Directory of Open Access Journals (Sweden)

    Yaroslava N. Zubkova

    2017-01-01

    Full Text Available The article discusses current state of Russian electric power industry and the main problems of its development in the future of global energy revolution, which will lead to a significant increase in share of renewable energy in global production and consumption of energy and use of industrial energy storage, and will make it possible to change the structure of the industry and significantly reduce electricity prices. Traditional energy generation displacement by renewables associated with emergence of new, more cost effective technologies. Producers of “disruptive technologies” receive advantages over importers of innovations, which are especially noticeable during the formation of the new technological wave. Considering possibilities of effective development of Russian power industry, it is important to take into account the realities, including high level of depreciation of equipment, lack of capital and technologies. Currently, in the field of technology in the power industry innovative economies of Japan, USA, UK, Canada, as well as dynamically developing economy of China are leading. The high level of patent activity in these countries is caused by presence of infrastructure which promotes the commercialization of new technologies and free access to investment capital. In Russia technological exports in power sector occurs mainly due to foreign projects of Rosatom. Operation of foreign-made equipment which accounts for a significant proportion of fixed assets and problems with the development and introduction of competitive technologies are complicated by the lack of investment in domestic market. For maintenance of imported equipment Russian companies have to buy spare parts abroad and to enter into service contracts with foreign suppliers. High depreciation of fixed assets also determines the need for new investment inflows into the sector. Thus the existing dependence on foreign investors is supposed to increase. In the short term

  9. Importance of foreign investors for Russian power industry in prospect of energy revolution

    Directory of Open Access Journals (Sweden)

    Yaroslava N. Zubkova

    2017-01-01

    Full Text Available The article discusses current state of Russian electric power industry and the main problems of its development in the future of global energy revolution, which will lead to a significant increase in share of renewable energy in global production and consumption of energy and use of industrial energy storage, and will make it possible to change the structure of the industry and significantly reduce electricity prices. Traditional energy generation displacement by renewables associated with emergence of new, more cost effective technologies. Producers of “disruptive technologies” receive advantages over importers of innovations, which are especially noticeable during the formation of the new technological wave. Considering possibilities of effective development of Russian power industry, it is important to take into account the realities, including high level of depreciation of equipment, lack of capital and technologies. Currently, in the field of technology in the power industry innovative economies of Japan, USA, UK, Canada, as well as dynamically developing economy of China are leading. The high level of patent activity in these countries is caused by presence of infrastructure which promotes the commercialization of new technologies and free access to investment capital. In Russia technological exports in power sector occurs mainly due to foreign projects of Rosatom. Operation of foreign-made equipment which accounts for a significant proportion of fixed assets and problems with the development and introduction of competitive technologies are complicated by the lack of investment in domestic market. For maintenance of imported equipment Russian companies have to buy spare parts abroad and to enter into service contracts with foreign suppliers. High depreciation of fixed assets also determines the need for new investment inflows into the sector. Thus the existing dependence on foreign investors is supposed to increase. In the short term

  10. Do corporate Web sites in Africa communicate investor information according to best practice guidelines?

    Directory of Open Access Journals (Sweden)

    G. Nel

    2007-11-01

    Full Text Available Corporate Web sites have become very popular media of information over the past decade. The Investor Relations Society published best practice Web site guidelines in December 2006 to guide companies seeking to improve the quality of their on-line communication with investors via their corporate Web sites. Guidelines were given for presentation (the way in which information is communicated and content (the information that is communicated. This study focused only on content. A 20-point checklist was developed from the prescribed best practice. The checklist focused on the six categories of best practice that entail company information, annual reports of the current year and archive, relevant news, shareholder information, bondholder information, corporate governance and corporate responsibility. Seventy-eight companies in Africa (40 from South Africa and 38 from the 'rest of Africa', that is Egypt, Kenya, Morocco, Nigeria and Tunisia were evaluated against this checklist. Companies from the 'rest of Africa' rated lower than South African companies in all categories on the checklist. Although South African companies received ratings above 90% for all categories, besides bondholder information, many of these companies do not supply shareholder, corporate governance and corporate responsibility information via dedicated sections on their corporate Web sites. The results for companies from the 'rest of Africa' were disappointing, especially with regard to communication of annual reports, shareholder information, bondholder information and corporate responsibility. Although possible reasons for these disappointing results are discussed in this study, further research should be conducted to determine the reason(s why important elements of information are not communicated via corporate Web sites.

  11. Defense Small Business Innovation Research Program (SBIR). Volume 4. ARPA, DNA, BMDO, and SOC0M Abstracts of Phase 1 Awards 1993

    Science.gov (United States)

    1993-01-01

    the eye can be used by the computer as a pointing device (like a mouse ). If both eyes are tracked and a display provided for each eye, pointing can be... Marek Elbaum Title: Direct Detection Range-doppler Laser Radar 47 BMDO SBIR PHASE I AWARDS Abstract: The team of Electro-Optical Sciences (EOS) and...strategic defense, ground based strategic defense, theater missile defense, anti -ship missile defense, air defense, as well as numerous other tactical

  12. Can anonymous posters on medical forums be reidentified?

    Science.gov (United States)

    Bobicev, Victoria; Sokolova, Marina; El Emam, Khaled; Jafer, Yasser; Dewar, Brian; Jonker, Elizabeth; Matwin, Stan

    2013-10-03

    Participants in medical forums often reveal personal health information about themselves in their online postings. To feel comfortable revealing sensitive personal health information, some participants may hide their identity by posting anonymously. They can do this by using fake identities, nicknames, or pseudonyms that cannot readily be traced back to them. However, individual writing styles have unique features and it may be possible to determine the true identity of an anonymous user through author attribution analysis. Although there has been previous work on the authorship attribution problem, there has been a dearth of research on automated authorship attribution on medical forums. The focus of the paper is to demonstrate that character-based author attribution works better than word-based methods in medical forums. The goal was to build a system that accurately attributes authorship of messages posted on medical forums. The Authorship Attributor system uses text analysis techniques to crawl medical forums and automatically correlate messages written by the same authors. Authorship Attributor processes unstructured texts regardless of the document type, context, and content. The messages were labeled by nicknames of the forum participants. We evaluated the system's performance through its accuracy on 6000 messages gathered from 2 medical forums on an in vitro fertilization (IVF) support website. Given 2 lists of candidate authors (30 and 50 candidates, respectively), we obtained an F score accuracy in detecting authors of 75% to 80% on messages containing 100 to 150 words on average, and 97.9% on longer messages containing at least 300 words. Authorship can be successfully detected in short free-form messages posted on medical forums. This raises a concern about the meaningfulness of anonymous posting on such medical forums. Authorship attribution tools can be used to warn consumers wishing to post anonymously about the likelihood of their identity being

  13. Low-Level Waste (LLW) forum meeting report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-31

    The Low-Level Radioactive Waste Forum (LLW Forum) is an association of state and compact representatives, appointed by governors and compact commissions, established to facilitate state and compact implementation of the Low-Level Radioactive Waste Policy Act of 1980 and the Low-Level Radioactive Waste Policy Amendments Act of 1985 and to promote the objectives of low-level radioactive waste regional compacts. The LLW Forum provides an opportunity for state and compact officials to share information with one another and to exchange views with officials of federal agencies and other interested parties.

  14. Forum for Almen Medicinske ph.d.-studerende

    DEFF Research Database (Denmark)

    Vedsted, Peter; Waldorff, Frans Boch; Eriksson, Tina

    Rapport fra første fællesmøde mellem nuværende og kommende almenmedicinske ph.d.-studerende. Rapporten anbefaler dannelse af et egentligt almenmedicinsk ph.d.-forum, der søges optaget i DSAM som en interessegruppe. Ph.d.-forum betragter sig som en ressource ved forskellige initiativer og ønsker...... blandt andet at arbejde for en værdig ansættelse af yngre forskere. Blandt de konkrete forslag, Ph.d.-forum har stillet, er almenmedicinske ph.d.-kurser og ph.d.-stipendium med henblik på udarbejdelse af protokol....

  15. LLW Forum meeting report, October 26--27, 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1994-12-31

    The Low-Level Radioactive Waste Forum (LLW Forum) is an association of state and compact representatives, appointed by governors and compact commissions, established to facilitate state and compact implementation of the Low-Level Radioactive Waste Policy Act of 1980 and the Low-Level Radioactive Waste Policy Amendments Act of 1985 and to promote the objectives of low-level radioactive waste regional compacts. The LLW Forum provides an opportunity for state and compact officials to share information with one another and to exchange views with officials of federal agencies and other interested parties. This report details activities of the meeting held October 26-27, 1994.

  16. Conversation Trees: A Grammar Model for Topic Structure in Forums

    OpenAIRE

    Louis, Annie; Cohen, Shay B.

    2015-01-01

    Online forum discussions proceed differently from face-to-face conversations and any single thread on an online forum contains posts on different subtopics. This work aims to characterize the content of a forum thread as a conversation tree of topics. We present models that jointly per- form two tasks: segment a thread into sub-parts, and assign a topic to each part. Our core idea is a definition of topic structure using probabilistic grammars. By leveraging the flexibility of two grammar for...

  17. LLW Forum meeting report, February 13--16, 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-08-01

    The Low-Level Radioactive Waste Forum (LLW Forum) is an association of state and compact representatives, appointed by governors and compact commissions, established to facilitate state and compact implementation of the Low-Level Radioactive Waste Policy Act of 1980 and the Low-Level Radioactive Waste Policy Amendments Act of 1985 and to promote the objectives of low-level radioactive waste regional compacts. The LLW forum provides an opportunity for state and compact officials to share information with one another and to exchange views with officials of federal agencies and other interested parties. This report details activities at the meeting held February 13-16, 1996.

  18. Foreign versus domestic institutional investors in emerging markets: Who contributes more to firm-specific information flow?

    Directory of Open Access Journals (Sweden)

    Jeong-Bon Kim

    2015-03-01

    Full Text Available Using a large sample of firms listed on the Korea Stock Exchange over 1998–2007, this study investigates whether and how trading by foreign and domestic institutional investors improves the extent to which firm-specific information is incorporated into stock prices, captured by stock price synchronicity. We find, first, that stock price synchronicity decreases significantly with the intensity of trading by foreign investors and domestic institutional investors. Second, trading by foreign investors facilitates the incorporation of firm-specific information into stock prices to a greater extent than trading by aggregate domestic institutions. Third, among domestic institutions with differing investment horizons, short-term investing institutions, such as securities and investment trust companies, play a more important role in incorporating firm-specific information into stock prices via their trading activities, compared with long-term investing institutions, such as banks and insurance companies. Finally, we provide evidence suggesting that trading by foreign and domestic short-term institutions reduces the extent of accrual mispricing. Our results are robust to a variety of sensitivity checks.

  19. 77 FR 8179 - Disclosure to Investors in System-wide and Consolidated Bank Debt Obligations of the Farm Credit...

    Science.gov (United States)

    2012-02-14

    ... institution's financial integrity, and its independence is essential to investor confidence in the transparency of audited financial statements. The 2006 rulemaking required that audit committees at banks and... System institutions and to govern the disclosure of financial information to shareholders of, and...

  20. Potential and actual FDI spillovers in global value chains : the role of foreign investor characteristics, absorptive capacity and transmission channels

    OpenAIRE

    Winkler, Deborah

    2013-01-01

    Using newly collected survey data on direct supplier-multinational linkages in Chile, Ghana, Kenya, Lesotho, Mozambique, Swaziland, and Vietnam, this paper first evaluates whether foreign investors differ from domestic producers in terms of their potential to generate positive spillovers for local suppliers. It finds that foreign firms outperform domestic producers on several indicators, b...

  1. UCITS and tax risk management - A survey on the disclosure of tax affairs from the perspective of investors

    NARCIS (Netherlands)

    Adema, Raymond; Bouwman, Jan; Groefsema, Nineke; Grooten, Willemein

    2017-01-01

    In this paper the current state of the tax information disclosed by UCITS to (invited) investors is investigated. It concerns a survey of the prospectus, KID and annual reports of UCITS located in Luxembourg. For this survey, Luxembourg has been chosen, as approximately 33% of the UCITS are located

  2. 78 FR 28273 - Alpine Investors IV SBIC, LP; Notice Seeking Exemption Under Section 312 of the Small Business...

    Science.gov (United States)

    2013-05-14

    ... Investment Act, Conflicts of Interest Notice is hereby given that Alpine Investors IV SBIC, LP, 3 Embarcadero Center, Suite 2330, San Francisco, CA, a Federal Licensee under the Small Business Investment Act of 1958... percent of the stock of Great Bay Software, Inc., to fund transaction fees, and for working capital...

  3. Investments in the Dutch onshore wind energy industry: A review of investor profiles and the impact of renewable energy subsidies

    NARCIS (Netherlands)

    Niesten, Eva; Jolink, Albert; Chappin, Maryse|info:eu-repo/dai/nl/304835056

    The 2020 renewable energy targets have stimulated the debate on the efficacy of policy schemes. Discussion on the efficacy of these schemes has largely been on the growth in the share of renewable energy, and less on the alignment of policies to the needs of investors. However, research in this

  4. The effect of different needs, decisionmaking processes and networkstructures on investor behavior and stock market dynamics : a simulation approach

    NARCIS (Netherlands)

    Hoffmann, Arvid O.I.; Jager, Wander

    2004-01-01

    Striking investor and stock market behaviour have been recurrent items in the worldwide press for the recent past. Crashes and hypes like the Internet bubble are often hard to explain using existing finance frameworks. Therefore, the authors provide a complementing multitheoretical framework that is

  5. The disarticulated forms of neoliberal urbanism in the XXI century: the case of Barcelona Forum 2004

    Directory of Open Access Journals (Sweden)

    Angelino Mazza

    2012-12-01

    Full Text Available The contradictions within the policies of requalification of the City of Barcelona have become more evident in relation to some of the most recent urban transformations, as in the case of the project for the renewal of the Diagonal-Mar area; urban space where the Forum of Cultures 2004 has been held. The Forum turned into a failure, according to the paradigm of the criticisms, on the cultural and, above all, political (or marketing level; in its urban dimension, it has been the expression of the city that mires to the global insertion: it is a urban planning which is prevalently oriented to the external demand. The regeneration of the Diagonal-Mar has shown a scant consideration of social objectives, with the creation of spaces, where the concept of value of exchange predominates over the value of use. The actor (public and above all private investors, that participated to the redaction of the project of urban renewal of the area, produced a great propagandistic effort, presenting it as an open cultural initiative which can assume also the social criticisms.A lot of social and civil organization did not participate, and their proposals have not been accepted, and so, today, urban and social processes, rebound on the success or failure of the urban planning in an important area of the city. From that, what Borja (2005 defines the “urban malaise of Barcelona” starts, over the years of social and economic growth, the inhabitants of Barcelona fell a certain malaise, which is highlighted by the today’s crisis. The big urban projects do not generate any enthusiasm, citizens feel themselves progressively less owners of the own city, the architecture of the “great singular objects” does not represent the element of identity of the society. By scanning those urban imaginaries from a theoretical-conceptual viewpoint, which is formal and empiric, the question emerges, if the punctual urban planning operation of a sector could create evaluations

  6. 75 FR 82400 - Development of Health Risk Assessment Guidance; Public Forum

    Science.gov (United States)

    2010-12-30

    ...; Public Forum AGENCY: Centers for Disease Control and Prevention (CDC), Department of Health and Human... would hold a public forum in early February 2011 to obtain additional public comment. Today's notice announces the public forum. DATES: The public forum will be held on: Tuesday, February 1, 2011, from 9 a.m...

  7. Proceedings of the Fifth Triennial Software Quality Forum 2000, Software for the Next Millennium, Software Quality Forum

    Energy Technology Data Exchange (ETDEWEB)

    Scientific Software Engineering Group, CIC-12

    2000-04-01

    The Software Quality Forum is a triennial conference held by the Software Quality Assurance Subcommittee for the Department of Energy's Quality Managers. The forum centers on key issues, information, and technology important in software development for the Nuclear Weapons Complex. This year it will be opened up to include local information technology companies and software vendors presenting their solutions, ideas, and lessons learned. The Software Quality Forum 2000 will take on a more hands-on, instructional tone than those previously held. There will be an emphasis on providing information, tools, and resources to assist developers in their goal of producing next generation software.

  8. Agent-based Modeling Simulation Analysis on the Regulation of Institutional Investor's Encroachment Behavior in Stock Market

    Directory of Open Access Journals (Sweden)

    Yang Li

    2014-05-01

    Full Text Available Purpose: This study explores the effective regulation of institutional investor's encroachment behavior in stock market. Given the theoretical and practical importance, the present study examines the effect of the self-adaptive regulation strategy (adjusting the regulation factors such as punishment and the probability of investigating successfully in time for the sake of the small & medium-sized investor protection.Design/methodology/approach: This study was carried out through game theory and agent-based modeling simulation. Firstly, a dynamic game model was built to search the core factors of regulation and the equilibrium paths. Secondly, an agent-based modeling simulation model was built in Swarm to extend the game model. Finally, a simulation experiment (using virtual parameter values was performed to examine the effect of regulation strategy obtained form game model.Findings: The results of this study showed that the core factors of avoiding the institutional investor's encroachment behavior are the punishment and the probability of investigating successfully of the regulator. The core factors embody as the self-adaptability and the capability of regulator. If the regulator can adjust the regulation factors in time, the illegal behaviors will be avoided effectively.Research limitations/implications: The simulation experiment in this paper was performed with virtual parameter values. Although the results of experiment showed the effect of self-adaptive regulation, there are still some differences between simulation experiment and real market situation.Originality/value: The purpose of this study is to investigate an effective regulation strategy of institutional investor's encroachment behavior in stock market in order to maintain market order and protect the benefits of investors. Base on the game model and simulation model, a simulation experiment was preformed and the result showed that the self-adaptive regulation would be effective

  9. KEWENANGAN OTORITAS JASA KEUANGAN MENGENAI PERLINDUNGAN HUKUM BAGI INVESTOR TERHADAP TINDAKAN TIPPEE YANG MELAKUKAN INSIDER TRADING DALAM PERDAGANGAN SAHAM

    Directory of Open Access Journals (Sweden)

    Made Dwi Juliana

    2015-07-01

    Full Text Available One type of a criminal in the capital market is the practice of  insider trading. Insider trading is an act that involves a group of insider in the capital market who deliberately exploit information that has not been released to investors with the advantages. In insider trading there are two actors such as party directly as an insider who works in the company or indirect as tippee party who obtain confidential information from an insider. Tippee is the party who receives confidential information from an insider either passively or actively against the law or not against the law for personal gain in the stock trading. This is very detrimental to the investors in the stock trading. Because of that if needs the protection for investors against the actions of the Tippee.  This study discusses two (2 problem first about the subject matter of the action form Tippee in insider trading to the stock at Indonesia and the second about OJK authority on legal protection for investors in case of insider trading by the Tippee in capital market activities. This research is a normative law. The Method approach is the approach of legislation, conceptual approach and comparative approach. Legal materials used are primary and secondary legal materials. Mechanical collection of legal materials is through the study of literature that further uses analysis techniques that description techniques and interpretation. The results shows that this form of action Tippee can be done actively and passively. Actively to perform an unlawful act such as stealing information. In is not trying to fight the law, but to obtain inside information and legal safeguards for investors to act with regard to insider trading Tippee do give legal certainty through legislation and legal certainty by the OJK through law enforcement

  10. An explanatory study of the use of e-mail investor communication by South African listed companies

    Directory of Open Access Journals (Sweden)

    Roelof Baard

    2016-04-01

    Full Text Available Background: Although research shows that almost all listed companies have corporate websites with dedicated investor relations (IR sections that enable companies to ‘push’ information to investors, it was argued that such an asymmetrical approach to communication is insufficient for companies wishing to exercise good IR. The purpose of this study was to test the effectiveness of the Internet to act as a mechanism to achieve more interactive communication between companies and investors.Objectives: The objectives of the study were to measure the responsiveness, timeliness and relevance of companies’ responses to e-mail requests, and to test for the determinants (size, market-to-book ratio, profitability, leverage and liquidity thereof.Method: The mystery investor approach and a content analysis were used to study the e-mail handling performance of companies. The associations between company-specific characteristics were statistically tested.Results: It was found that the e-mail handling performance of companies in this study was poor compared with previous studies. Significant relationships between company size and responsiveness and relevance, and between market-to-book ratio and relevance were reported, as well as between the contact method used to request information and relevance and the use of social media and timeliness.Conclusion: Specific areas where companies could improve their investor communications were identified. The need for further research was discussed to explain some of the relationships found, as well as those not found, in contrast to what was expected. Future research is warranted to examine the relationship between the e-mail handling performance of companies and information asymmetry and the cost of equity of companies.

  11. Simulation Tool for Dielectric Barrier Discharge Plasma Actuators at Atmospheric and Sub-Atmospheric Pressures: SBIR Phase I Final Report

    Science.gov (United States)

    Likhanskii, Alexandre

    2012-01-01

    This report is the final report of a SBIR Phase I project. It is identical to the final report submitted, after some proprietary information of administrative nature has been removed. The development of a numerical simulation tool for dielectric barrier discharge (DBD) plasma actuator is reported. The objectives of the project were to analyze and predict DBD operation at wide range of ambient gas pressures. It overcomes the limitations of traditional DBD codes which are limited to low-speed applications and have weak prediction capabilities. The software tool allows DBD actuator analysis and prediction for subsonic to hypersonic flow regime. The simulation tool is based on the VORPAL code developed by Tech-X Corporation. VORPAL's capability of modeling DBD plasma actuator at low pressures (0.1 to 10 torr) using kinetic plasma modeling approach, and at moderate to atmospheric pressures (1 to 10 atm) using hydrodynamic plasma modeling approach, were demonstrated. In addition, results of experiments with pulsed+bias DBD configuration that were performed for validation purposes are reported.

  12. CARICOF - The Caribbean Regional Climate Outlook Forum

    Science.gov (United States)

    Van Meerbeeck, Cedric

    2013-04-01

    Regional Climate Outlook Forums (RCOFs) are viewed as a critical building block in the Global Framework for Climate Services (GFCS) of the World Meteorological Organization (WMO). The GFCS seeks to extend RCOFs to all vulnerable regions of the world such as the Caribbean, of which the entire population is exposed to water- and heat-related natural hazards. An RCOF is initially intended to identify gaps in information and technical capability; facilitate research cooperation and data exchange within and between regions, and improve coordination within the climate forecasting community. A focus is given on variations in climate conditions on a seasonal timescale. In this view, the relevance of a Caribbean RCOF (CARICOF) is the following: while the seasonality of the climate in the Caribbean has been well documented, major gaps in knowledge exist in terms of the drivers in the shifts of amplitude and phase of seasons (as evidenced from the worst region-wide drought period in recent history during 2009-2010). To address those gaps, CARICOF has brought together National Weather Services (NWSs) from 18 territories under the coordination of the Caribbean Institute for Meteorology and Hydrology (CIMH), to produce region-wide, consensus, seasonal climate outlooks since March 2012. These outlooks include tercile rainfall forecasts, sea and air surface temperature forecasts as well as the likely evolution of the drivers of seasonal climate variability in the region, being amongst others the El Niño Southern Oscillation or tropical Atlantic and Caribbean Sea temperatures. Forecasts for both the national-scale forecasts made by the NWSs and CIMH's regional-scale forecast amalgamate output from several forecasting tools. These currently include: (1) statistical models such as Canonical Correlation Analysis run with the Climate Predictability Tool, providing tercile rainfall forecasts at weather station scale; (2) a global outlooks published by the WMO appointed Global Producing

  13. EPA National Center for Computational Toxicology UPDATE (ICCVAM public forum)

    Science.gov (United States)

    A presentation to the ICCVAM Public Forum on several new and exciting activities at NCCT, including Chemical library update, Chemistry Dashboard, Retrofitting in vitro assays with metabolic competence and In vitro PK.

  14. Malaria in pregnancy | Petro | Obstetrics and Gynaecology Forum

    African Journals Online (AJOL)

    Obstetrics and Gynaecology Forum. Journal Home · ABOUT · Advanced Search · Current Issue · Archives · Journal Home > Vol 17, No 4 (2007) >. Log in or Register to get access to full text downloads.

  15. Large River Monitoring Forum Fish Assemblage Database 2016

    Data.gov (United States)

    U.S. Geological Survey, Department of the Interior — The Large River Monitoring Forum compiled fish assemblage data for five large rivers in the U.S. as a part of a coordinated effort to compare and contract river...

  16. Assessing Army Professional Forums Metrics for Effectiveness and Impact

    National Research Council Canada - National Science Library

    Cianciolo, Anna T; Heiden, Charles G; Prevou, Michael I

    2006-01-01

    ... meet the challenges brought on by Army transformation. Army professional forums (APFs), powered by advances in collaborative toolsets and multimedia presentation software, provide a means for leader self-development and professional growth...

  17. Musharraf to address World Economic Forum at Davos

    CERN Multimedia

    2006-01-01

    President General Pervez Mushrraf will lead Pakistan's delegation to the annual meeting of world economic forum at Davos. The theme of this year's meeting beginning on January 25 is "The Creative Imperative" (1 page)

  18. STUDENT FORUMS AS MOTIVATION FOR CREATIVE AND SCIENTIFIC RESEARCH WORK

    Directory of Open Access Journals (Sweden)

    Ms. Nelly A. Finskaya

    2016-06-01

    Full Text Available The paper considers participating of students in the annual electronic Student forums of RANS as motivation to continue their scientific activity and research of cross-cultural communication in the sphere of professional education .

  19. Rapport fra 2nd Supply Chain Leaders Forum 2013

    DEFF Research Database (Denmark)

    Knak, Henrik; Hald, Kim Sundtoft

    2013-01-01

    Dette års udgave af Supply Chain Leaders Forum diskede op med innovation, inspiration og ny indsigt i outsourcing. Konferencen var arrangeret i et samarbejde mellem Copenhagen Business School og Tata Consultancy Services. (Artiklen er på engelsk).......Dette års udgave af Supply Chain Leaders Forum diskede op med innovation, inspiration og ny indsigt i outsourcing. Konferencen var arrangeret i et samarbejde mellem Copenhagen Business School og Tata Consultancy Services. (Artiklen er på engelsk)....

  20. Entity-Based Discussion Forum for Drupal 7

    OpenAIRE

    Werling, Rasmus

    2011-01-01

    This thesis describes the planning and creation of an entity-based discussion forum module for the content management system Drupal 7. The main focus is on how the new entities in Drupal 7 are taken into use in a discussion forum module created from scratch. Also the database structure, the different implemented features and the integration with the Views module are explained. The major differences between Drupal 6 and Drupal 7 are dealt with as well: how everything circled around nod...

  1. Simple Machines Forum, a Solution for Dialogue Optimization between Physicians

    Directory of Open Access Journals (Sweden)

    Laura SÎNGIORZAN

    2013-02-01

    Full Text Available We developed an instrument which can ensure a quick and easy dialogue between the physicians of the Oncology Institute and family physicians. The platform we chose was Simple Machines Forum (abbreviated as SMF, a free Internet forum (BBS - Bulletin Board System application. The purpose of this article is not to detail the software platform, but to emphasize the facilities and advantages of using this solution in the medical community.

  2. Members of the Forum Engelberg visit CERN

    CERN Multimedia

    Maximilien Brice

    2002-01-01

    The Forum Engelberg is an annual interdisciplinary conference held in Engelberg, Switzerland intended to act as an international platform for debate and exchange of views on key issues affecting scientific research, technology, economics and philosophy. Its President, Hubert Curien - former French Minister of Research and Space Research, and President of the CERN Council from 1994 to 1996 - is seen here visiting the ATLAS experiment. Photo 01: Hubert Curien (left) with Peter Jenni, spokesman for the ATLAS collaboration, in front of the barrel toroid coil casing for the ATLAS detector. Photo 02: Hubert Curien (left) with Peter Jenni in front of the liquid-argon barrel cryostat in the ATLAS assembly hall. Photo 03: Hubert Curien (left) and Peter Jenni in front of the liquid-argon barrel electromagnetic calorimeter in the ATLAS assembly hall. Photo 04: Hubert Curien (centre), Peter Jenni and Wendy Korda in front of a barrel toroid coil casing in the ATLAS assembly hall. Photo 06: Hubert Curien (left) and Peter J...

  3. 5th Physics and Society Forum - EPS

    CERN Multimedia

    2012-01-01

    The Fifth Physics and Society Forum, organized by the European Physical Society, will take place at CERN from 28 to 29 March 2012. 
The purpose of the meeting is to explore the challenges experienced by physicists who leave their field of study to pursue alternative careers in the market place outside of teaching and university-based research. 
     It is widely recognized that a knowledgeable society is a prerequisite for growth. Value is only created if knowledge can be transformed into know-how and "know-how-to-do". Today it is widely recognized that a society is unable to grow and sustain an advanced science system unless equally advanced production is present. Today production is off-shored to emerging economies in Asia and elsewhere where labour costs are more favourable. European physicists therefore have the choice of being smarter, working harder and working cheaper or moving into other fields. 

 Registration is open until 1st March 2012. Please ...

  4. Commonwealth Local Government Forum Pacific Project

    Directory of Open Access Journals (Sweden)

    Terry Parker

    2008-04-01

    Full Text Available The Commonwealth Local Government Forum (CLGF Pacific Project works with local government and other stakeholders in nine Pacific Island countries – Cook Islands, Fiji Islands, Kiribati, Samoa, Papua New Guinea, Solomon Islands, Tonga, Tuvalu and Vanuatu. It seeks to strengthen local democracy and good governance, and to help local governments deal with the increasing challenges of service delivery and urban management in the unique Pacific environment. Human settlement patterns in the region are changing rapidly. The Pacific has traditionally been a rural agricultural/subsistence society, but this is no longer the case. The accelerated pace of urbanisation has impacted significantly on Pacific nations and in the very near future the majority of Pacific Islanders will be found in urban areas. Already over 50% of Fiji’s population are urban dwellers. Rapid urbanisation brings with it unique challenges and opportunities. Local governments are at the forefront of this phenomenon, with the responsibility to manage urban development and the transition from rural areas to cities and towns. Their success or failure to manage urbanisation and provide the required levels of physical and social infrastructure will affect many lives in a new urban Pacific. The project now has three components – the main Pacific Regional Project and two country-specific programmes: the Honiara City Council Institutional Capacity Building Project and the Commonwealth Local Government Good Practice Scheme in Papua New Guinea.

  5. Investor's and procurement guide South Africa. Pt. 1. Heavy minerals, rare earth elements, antimony

    Energy Technology Data Exchange (ETDEWEB)

    Graupner, Torsten; Schwarz-Schampera, Ulrich [Bundesanstalt fuer Geowissenschaften und Rohstoffe (BGR), Berlin (Germany); Hammond, Napoleon Q.; Opperman, Rehan; Long' a Tongu, Elisa; Kenan, Abdul O.; Nondula, Unathi; Tsanwani, Matamba [Council for Geoscience (CGS), Pretoria (South Africa). Dept. of Mineral Resources Development; Liedke, Maren; Marbler, Herwig [Bundesanstalt fuer Geowissenschaften und Rohstoffe (BGR), Berlin (Germany). Deutsche Rohstoffagentur (DERA)

    2014-03-15

    This is the first part of the ''Investor's and Procurement Guide South Africa'', a handbook for investing and doing business in South Africa's mineral industry. It is anticipated that this publication will aid potential investors into considering South Africa as an investment destination, not only for raw materials, but also for related industries. This manual supplements the many publications available on the economic geology and mineral wealth in South Africa and has been designed to guide prospective and current investors, suppliers and mine equipment exporters through the process of doing business in Africa's biggest and dynamic economy. As well as detailing the mineral raw materials heavy minerals, rare-earth metals and antimony, the handbook provides a general introduction to South Africa and its infrastructure, the economical, political and judicial frame of the South African mining industry and an overview of the economic geology. South Africa has a long and complex geological history which dates back in excess of 3.6 billion years. The country has a vast mineral wealth, undoubtedly due to the fact that a significant proportion of the Archaean and younger rocks have been preserved. The mining of the enormous Witwatersrand gold deposits, commencing in 1886, has led to the establishment of South Africa's well-developed infrastructure and to the sustained growth of an industrial and service sector in the country. With the world's largest resources of PGMs, gold, chromite, vanadium and manganese and significant resources of iron, coal and numerous other minerals and metals, the minerals industry will continue to play a pivotal role in the growth of South Africa's economy in the foreseeable future. South Africa is one of the top destinations in Africa for foreign direct investments. South African headquartered companies have been major investors into foreign direct investments on the African continent in the past

  6. Genreanalyse af Investor Relations Newsletters. En teoretisk og empirisk baseret genreanalyse af tyske Investor Relations nyhedsbreve med fokus på identifikation og adskillelse af funktionelle træk

    DEFF Research Database (Denmark)

    Pedersen, Anne Grethe Julius

    2007-01-01

    My PhD-thesis focuses on genre analysis within the field of German applied linguistics, with the emphasis on the identification of functional moves in Investor Relations (IR) newsletters from chemical companies in Germany. IR newsletters are offered as an email subscription-based service...... of how to identify move structures and functional boundaries is also part of the investigation, for which a systemic functional perspective on language use was chosen....... on corporate websites and addressed primarily to investors. The aim of my PhD thesis is to propose an explanatory genre description of IR Newsletters concentrating on constitutive factors like contextual aspects incorporating communicative purposes, functional moves and lexicogrammatical features. The question...

  7. Cash-Cow into the Purse of Malaysian Property Investors: Students Housing Investment

    Directory of Open Access Journals (Sweden)

    Zubairu Abubakar Ghani

    2017-08-01

    Full Text Available Growing demand for higher education (HE and increasing students enrolment in higher education institutions (HEI has been a global issue especially in the last three decades and housing the growing student population has become a dilemma for all concern HEIs stakeholders. Globally increasing demand for HE and enrolment has long been not corresponding with student housing supply. Most HEIs provide housing accommodation for a small proportion of their total students’ population while the majority depend on private rental sector for their alternative housing. In most of the HEIs neighbouring community residential houses were rented out to students. These houses are not sufficient to accommodate the teaming student population because the market is dominated by traditional small-scale private developers. However, with the continuing expansion and demand for HE, increasing enrolment and increasing students housing demand, the study highlighted and suggested for private investors to pull up and dig into student housing investment. This will ameliorate and fill the shortfall created by inadequacy of HEIs housing provision. Student housing investment is a resilient market, lucrative venture and guaranteed cash cow.

  8. PERSEPSI INVESTOR TERHADAP PERUBAHAN PENYAJIAN KEPENTINGAN NONPENGENDALI SEBELUM DAN SESUDAH BERLAKU EFEKTIFNYA PSAK 4 (REVISI 2009

    Directory of Open Access Journals (Sweden)

    Margaret Margaret

    2016-06-01

    Full Text Available This study aims to examine investors’ perception toward changes in noncontrolling interest presentation before and after the effective date of PSAK 4 (Revised 2009. The perception is determined from the value relevance of noncontrolling interest component, whether the value relevance is negative (liabilities or positive (equity. PSAK 4 (1994 regulated that noncontrolling interests should be presented as mezzanine items, meanwhile PSAK 4 (Revised 2009 regulated that noncontrolling interests should be presented as equity in consolidated statement of financial position. Sample of this study consists of 137 listed companies in Indonesia Stock Exchange (IDX from various industry sectors with six years observation. This study used regression method for panel data. The result shows that before the effective date of PSAK 4 (Revised 2009, investors perceived noncontrolling interests as equal to liabilities. After the effective date of PSAK 4 (Revised 2009, changes in noncontrolling interests presentation as equity do not change investors’ perception as equity. This result gives evidence that changes in presentation of an item in financial statement do not necessarily change investors’ perception toward a financial statement item.

  9. Combinatorial Algorithms for Portfolio Optimization Problems - Case of Risk Moderate Investor

    Science.gov (United States)

    Juarna, A.

    2017-03-01

    Portfolio optimization problem is a problem of finding optimal combination of n stocks from N ≥ n available stocks that gives maximal aggregate return and minimal aggregate risk. In this paper given N = 43 from the IDX (Indonesia Stock Exchange) group of the 45 most-traded stocks, known as the LQ45, with p = 24 data of monthly returns for each stock, spanned over interval 2013-2014. This problem actually is a combinatorial one where its algorithm is constructed based on two considerations: risk moderate type of investor and maximum allowed correlation coefficient between every two eligible stocks. The main outputs resulted from implementation of the algorithms is a multiple curve of three portfolio’s attributes, e.g. the size, the ratio of return to risk, and the percentage of negative correlation coefficient for every two chosen stocks, as function of maximum allowed correlation coefficient between each two stocks. The output curve shows that the portfolio contains three stocks with ratio of return to risk at 14.57 if the maximum allowed correlation coefficient between every two eligible stocks is negative and contains 19 stocks with maximum allowed correlation coefficient 0.17 to get maximum ratio of return to risk at 25.48.

  10. Estimating potential stranded commitments for U.S. investor-owned electric utilities

    Energy Technology Data Exchange (ETDEWEB)

    Baxter, L.; Hirst, E.

    1995-01-01

    New technologies, low natural gas prices, and federal and state utility regions are restructuring the electricity industry. Yesterday`s vertically integrated utility with a retail monopoly franchise may be a very different organization in a few years. Conferences, regulatory-commission hearings, and other industry fora are dominated by debates over the extent and form of utility deintegration, wholesale competition, and retail wheeling. A key obstacle to restructuring the electricity industry is stranded commitments. Past investments, power-purchase contracts, and public-policy-driven programs that made sense in an era of cost-of-service regulation may not be cost-effective in a competitive power market. Regulators, utilities, and other parties face tough decisions concerning the mitigation and allocation of these stranded commitments. The authors developed and applied a simple method to calculate the amount of stranded commitments facing US investor-owned electric utilities. The results obtained with this method depend strongly on a few key assumptions: (1) the fraction of utility sales that is at risk with respect to competition, (2) the market price of electric generation, and (3) the number of years during which the utility would lose money because of differences between its embedded cost of production and the market price.

  11. Heterogeneous Investors, Negotiation Strength & Asset Prices in Private Markets: Evidence from Commercial Real Estate

    Directory of Open Access Journals (Sweden)

    David C. Ling

    2013-08-01

    Full Text Available We examine the impact of heterogeneous investors with asymmetric bargaining positions on transaction prices in private commercial real estate markets. Using a dataset that contains nearly 100,000 commercial real estate transactions during 1997-2009, we examine the extent to which common conditions of sale and buyer characteristics affect bargaining power and negotiated prices. We find that tax-motivated buyers seeking to complete a delayed Section 1031 exchange pay an average price premium of 12.5% when purchasing smaller properties. However, these price premiums for exchange motivated buyers are not observed among more expensive properties. We find strong evidence that out-of-state buyers pay significantly more (8 - 11% premium for commercial properties than in-state buyers. Consistent with our expectations, we find that sellers of distressed properties negotiate significantly lower transaction prices (13 - 15% discount than sellers of non-distressed properties, all else equal. Finally, we find evidence that REITs pay price premiums between 14 - 16% for office and industrial and retail properties. Our results strongly support the notion that relative bargaining power influences negotiated transaction prices.

  12. Africa's developing nuclear landscape holds potential for investors

    Energy Technology Data Exchange (ETDEWEB)

    Shepherd, John [nuclear 24, Brighton (United Kingdom)

    2015-08-15

    Africa is continuing to draw interest from potential nuclear investors as more of the region's nations consider the prospects for launching civil nuclear programmes. Much of the interest has been driven by South Africa, which announced its intention to push ahead with building a new fleet of nuclear power plants more than two years ago. South Africa's Department of Energy said it aims to select a ''strategic partner or partners'' for its planned new nuclear programme by the end of fiscal year 2015. The country's existing twin-unit Koeberg is the African continent's sole nuclear power plant, but expectations are high that this will change. According to 'The World Nuclear Supply Chain: Outlook 2030', released at the start of this year by the World Nuclear Association, Africa and Latin America could see investments of $ 20 billion (Euro 18.2 bn) and $ 14 billion, respectively over the next 15 years.

  13. Europe’s Elite Football: Financial Growth, Sporting Success, Transfer Investment, and Private Majority Investors

    Directory of Open Access Journals (Sweden)

    Marc Rohde

    2016-06-01

    Full Text Available Europe’s elite football clubs are a small group of about 30 clubs mostly originating from the Big Five leagues in England, Italy, Spain, Germany, and France. These clubs top Deloitte’s Football Money League ranking Europe’s top football clubs by revenues. They also win the vast majority of national and European football competitions, and account for the major share of FIFA World Cup appearances. Nevertheless, empirical analyses studying the antecedents of financial success of this peculiar sample are rare. This paper extends previous research by building an empirical model of financial performance and applying it to a unique, high-quality dataset of the top 30 EU football clubs by club revenues analyzed over ten consecutive seasons from 2004 to 2013. Fixed effects models are performed to account for time trends and club fixed effects. The results show that financial success is driven by national and international sporting success, as well as brand value; sporting success is driven by team investments, and team investments tend to be driven by (foreign private majority investors.

  14. Users’ attention behaviors and features in internet forum

    Directory of Open Access Journals (Sweden)

    Yong-Zhong Sha

    2015-11-01

    Full Text Available Purpose: Attention resource is scarce. Organizing community activities in online forums faces the challenge of attracting users’ limited attention. Understanding how users of online forums allocate, maintain, and change their attentional focus and what features of online forms influence their attention behaviors is critical for effective information design. This paper seeks understanding of users’ attention behaviors and features when they participate in discussions in online forums. Design/methodology/approach: A conceptual model was established to explore the indicator system of attention’s measurement. The related attention data were collected from Alexa Access Statistics Tool and Katie community. Then this paper computed the correlation coefficient and regression relationship between the indicators of visual attention and cognitive attention. Thereafter this paper analyzed and discussed users’ attention behaviors and features in Internet forum. Findings: Relevant bivariate correlation analysis and regression analysis discovers that Internet forum's attention is mainly as visual attention in users’ early involvement. Attention resources can be transformed. In a deep participation, users’ cognitive attention is more significant. Meanwhile cognitive attention behaviors’ further development will lead to the phenomenon that cognitive attention input is prone to increase faster in the early duration. That means in-depth discussion and interaction are more likely to appear in the early stages of participation. Research limitations/implications: There are some limitations about this study. The indicators are not comprehensive enough because factors affecting the distribution of attention resources in Internet forums are complex. We didn’t distinguish different types of Internet forums when we collected the relevant data. Future research will focus more on how to obtain comprehensive attention data. Originality/value: T his paper

  15. Investigating the effect of adjusted DuPont ratio and its components on investor's decisions in short and long term

    Directory of Open Access Journals (Sweden)

    Parvaneh Khaleghi Kasbi

    2014-03-01

    Full Text Available This paper investigates the effect of adjusted DuPont ratio and its components on investors’ decisions in short and long term. The primary objective of this study is to find the effect of adjusted DuPont ratio and its components on herding behavior of investors in one and several year period. Hence, 85 corporations as the member of Tehran stock exchange over the period 2006-2011 are selected. In order to recognize the herding, by market index consideration, the herded β and in order to hypothesis validity SPSS software and multivariable linear regression have been used. As the results of this study indicate, the adjusted DuPont ratio and its components have more effect on investors’ decisions in short term but in long the period, the effect of this ratio on herding investors’ behavior are reduced. Furthermore, from the two components of adjusted DuPont ratio, profit margin has more effect on investor's decisions.

  16. DOES CONSIDERATION OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE ISSUES BY INSTITUTIONAL INVESTORS INFLUENCE SOCIAL RESPONSIBLE INVESTMENT DECISIONS IN SOUTH AFRICA?

    OpenAIRE

    Ogbuka, Blessing Anwuri; Fakoya, Michael

    2016-01-01

    Institutional investors have a fiduciary duty to manage the funds entrusted to them by contributors without pursuing their own self-interest. Adhering to the practice of sustainable and responsible investment is inconsistent with their fiduciary duties of generating profitable returns to contributors because it limits their choices of investment. In South Africa, the Code for Responsible Investing recommends the integration of environmental, social and governance issues into ...

  17. The diversification benefits from Islamic investment during the financial turmoil: The case for the US-based equity investors

    Directory of Open Access Journals (Sweden)

    Buerhan Saiti

    2014-12-01

    Our findings based on the Dynamic Conditional Correlation (DCC tend to suggest: both the conventional and Islamic MSCI indices of Japan, GCC ex-Saudi, Indonesia, Malaysia and Taiwan provide better diversification benefits compared to Korea, Hong Kong, China and Turkey. It tends to suggest that the Islamic countries provide better diversification benefits compared to the Far East countries with strong policy implications for the domestic and international investors in their portfolio diversification for hedging against unforeseen risks.

  18. Identification of the Situation of Renewable Energy Alternatives in the Criteria known by private sector investors (Case study: Iran)

    OpenAIRE

    Aslani, Alireza; Naaranoja, Marja; Antila, Erkki; Golbaba, Mostafa

    2016-01-01

    Due to the diversified potentials of renewable energies in Iran, exploitation deployment of these resources as cleaner energies is one of the suggested strategies to minimize the fossil fuel usage and reduce the environmental footprints. In this relate in order to have the application of renewable energy economically, the government tries to diffuse these resources pervasively by private sectors supporting. As investment behaviour depends on the investment risk, investors have obscurities and...

  19. DIALOGISM IN THE DISCUSSION FORUMS IN ONLINE EDUCATION

    Directory of Open Access Journals (Sweden)

    Carmem Lúcia de Oliveira MARINHO

    2014-12-01

    Full Text Available The digital genre, Discussion Forums, if constitutes as the main instrument of asynchronous communication and interaction of the Education in the distance online. Essentially a space of debates, in the education/learning modality, the Forum possess a pedagogical character, instrument that can promote of the collective and collaborative construction of the knowledge in Virtual Environments of Learning. The use of the dialogic language practiced by Educators and learners in Forums should, in thesis, to stimulate the debate, specifically the verbal interaction between these interlocutors. This article searched to analyze the verbal communication between educators and learners in Discussion Forums. When analyzing a Forum promoted in a course in the modality Blended Learning, on the basis of the Dialogism, theoretical boarding presented by Bakhtin (1995, 2011, and in studies of the EAD as Moore and Kearsley (2010 and Cabral and Cavalcante (2010, this work evidenced that, even integral of language, the Dialogism still is hidden in discourses in this genre, harming the interaction and collaborative construction of knowledge in modality.

  20. JASAL Forum 2011: Growing Trends in Self-Access Learning

    Directory of Open Access Journals (Sweden)

    Azusa Kodate

    2012-03-01

    Full Text Available The annual JASAL forum was held in Tokyo in 2011 in keeping with the theme of the JALT 2011 conference, ‘Teaching, Learning, and Growing’.Drawing on the theme of this year’s JASAL forum, ‘Growing Trends in Self-Access Learning’, several different trends emerged from the two paper and five poster presentations that illustrate the ongoing growth of the field. Contents of the presentations varied widely from an administrative operation of a self-access centre (hereafter SAC to research findings about SAC users. Having approximately 45 people including presenters at the forum, active discussions in which they shared ideas and professional practices were generated. One of the common points which emerged in the forum was that the form of learning that SACs provide is becoming more accepted and valued by educational institutions, and this has led to an increase in the number of SACs nationwide in Japan. Against this background, three themes were evident in the presentations given at this year’s forum: focusing on the physical learning environment, providing easier access to learners, and supporting learning processes.

  1. COMPARATIVE ANALYSIS OF THE TURKISH FOOTBALL CLUB WEB SITES IN THE STOCK EXCHANGE IN ISTANBUL ON THE RELATIONSHIP BETWEEN THE COMPETITIVE INVESTORS IN THE UNITED KINGDOM

    Directory of Open Access Journals (Sweden)

    Fatih TEMİZEL

    2017-04-01

    Full Text Available Since the 1980s, the development of financial liberalization and information technologies has increased the awareness of stakeholders of companies and has enabled investor relations to reach professional dimensions. In this study, it is aimed to contribute to the development of the management of the investor relations of football clubs and to the correct pricing of market values in Stock Exchange Istanbul. For this reason, information will be given about the areas that football clubs which are public offering in Borsa İstanbul and developed markets, distinguish between their web sites and their investor relations in their web sites. When the said websites are examined, the score cards prepared by the Association of Turkish Investor will be used for club activity reports, financial results explanations and website evaluations.

  2. LLW Forum meeting report, April 25--27, 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1994-12-31

    The Low-Level radioactive Waste Forum is an association of representatives of states and compacts established to facilitate state and compact commission implementation of the Low-Level Radioactive Waste Policy Act of 1980 and the Low-Level Radioactive Waste Policy Amendments Act of 1985 and to promote the objectives of low-level radioactive waste regional compacts. The Forum provides an opportunity for states and compacts to share information with one another and to exchange views with officials of federal agencies. LLW Forum participants include representatives from regional compacts, designated host states, unaffiliated states, and states with currently-operating low-level radioactive waste facilities. This quarterly meeting was held April 25-27, 1994 and activities during the first quarter of 1994 are detailed..

  3. LLW Forum meeting report, January 24--26 1990

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1990-12-31

    The Low-Level Radioactive waste Forum is an association of representatives of states and compacts established to facilitate state and compact commission implementation of the Low-Level Radioactive Waste Policy Act of 1980 and the Low-Level Radioactive Waste Policy Amendments Act of 1985 and to promote the objectives of low-level radioactive waste regional compacts. The Forum provides an opportunity for states and compacts to share information with one another and to exchange views with officials of federal agencies. LLW Forum participants include representatives from regional compacts, designated host states, unaffiliated states, and states with currently-operating low-level radioactive waste facilities. This quarterly meeting was held January 24-26, 1990.

  4. Analysis of user activities on popular medical forums

    Science.gov (United States)

    Kamalov, M. V.; Dobrynin, V. Y.; Balykina, Y. E.; Martynov, R. S.

    2017-10-01

    The paper is devoted to detailed investigation of users’ behavior and level of expertise on online medical forums. Two popular forums were analyzed in terms of presence of experts who answer health related questions and participate in discussions. This study provides insight into the quality of medical information that one can get from the web resources, and also illustrates relationship between approved medical experts and popular authors of the considered forums. During experiments several machine learning and natural language processing methods were evaluated against to available web content to get further understanding of structure and distribution of information about medicine available online nowadays. As a result of this study the hypothesis of existing correlation between approved medical experts and popular authors has been rejected.

  5. COMPARATIVE ANALYSIS OF THE TURKISH FOOTBALL CLUB WEB SITES IN THE STOCK EXCHANGE IN ISTANBUL ON THE RELATIONSHIP BETWEEN THE COMPETITIVE INVESTORS IN THE UNITED KINGDOM

    OpenAIRE

    TEMİZEL, Fatih; Ulvi ÇOBAN

    2017-01-01

    Since the 1980s, the development of financial liberalization and information technologies has increased the awareness of stakeholders of companies and has enabled investor relations to reach professional dimensions. In this study, it is aimed to contribute to the development of the management of the investor relations of football clubs and to the correct pricing of market values in Stock Exchange Istanbul. For this reason, information will be given about the areas that football clubs which ar...

  6. [Marijuana, health, disease, and freedom: analysis of an Internet forum].

    Science.gov (United States)

    Lefèvre, F; Simioni, A M

    1999-11-01

    This paper takes a Health Education perspective to analyze a debate forum on the Brazilian Internet site entitled "Universo On-Line", in which the following questions were addressed: "Do you believe that marijuana is harmful to one's health?" "In your opinion, should marijuana use be decriminalized?" By applying qualitative discourse analysis techniques to responses from the forum, we were able to identify six main types of discourse, reflecting the opinions of six "collective subjects" concerning drugs, health, disease, and freedom and existing as social representations in the current Brazilian collective imagination. Research on these social representations allows one to establish criteria for intervention in the field of Health Education.

  7. Balkan Print Forum – Dynamic Balkan Print Media Community

    Directory of Open Access Journals (Sweden)

    Rossitza Velkova

    2011-11-01

    Full Text Available Founded in October 2006, the Balkan Print Forum is gradually becoming an important regional institution. Its main targets are to share experiences and know-how,to initiate and intensify contacts and to support joint projects in the Balkan region.Since drupa 2008 there are 11 member countries of the Balkan Print Forum:Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Greece, Hungary, Romania, Serbia, Slovenia and Turkey. Partners of BPF are some companies and universities from Russia and Ukraine.

  8. Meeting report: Global vaccine and immunization research forum.

    Science.gov (United States)

    Ford, Andrew Q; Touchette, Nancy; Fenton Hall, B; Hwang, Angela; Hombach, Joachim

    2018-02-08

    Building on the success of the first Global Vaccine and Immunization Research Forum (GVIRF), the World Health Organization, the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health in the United States of America, and the Bill & Melinda Gates Foundation convened the second GVIRF in March 2016. Leading scientists, vaccine developers, and public health officials from around the world discussed scientific advances and innovative technologies to design and deliver vaccines as well as novel tools and approaches to increase the uptake of vaccines throughout the world. This report summarizes the discussions and conclusions from the forum participants. Copyright © 2018.

  9. Corporate planning and LAN information systems as forums

    CERN Document Server

    Sabre, Ru Michael

    1992-01-01

    Corporate Planning and LAN: Information Systems as Forums provides information pertinent to the Forum Information System (FIS), a conceptual basis for all corporate planning. This book presents an information system which, by means of LAN, organizational development style prototyping, and organizational learning utilization, can open communications among managers, executives, owners, and employees in a corporate setting.Organized into 10 chapters, this book begins with an overview of the four phases to the eventual use of the FIS in a corporate setting. This text then explores FIS as part of a

  10. JASAL Forum 2012: Making a Difference through Self Access

    Directory of Open Access Journals (Sweden)

    Satomi Shibata

    2013-03-01

    Full Text Available This article reports on the JASAL Forum held at the JALT Conference in Hamamatsu on October 13th, 2012. JASAL, the Japanese Association of Self Access Learning, was set up in 2005 by Garold Murray and Lucy Cooker to provide a support network for educators and administrators involved with self-access language learning centers (hereafter SACs in Japan. It holds a forum annually at JALT (the Japan Association for Language Teaching conference. It has been a great success and providing information and support to those who are involved with SACs in Japan.

  11. 75 FR 41577 - VBA/VHA Musculoskeletal Forum: Improving VA's Disability Evaluation Criteria

    Science.gov (United States)

    2010-07-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF VETERANS AFFAIRS VBA/VHA Musculoskeletal Forum: Improving VA's Disability Evaluation Criteria AGENCY: Department of... Veterans Benefits Administration (VBA)/Veterans Health Administration (VHA) Musculoskeletal Forum...

  12. 76 FR 74776 - Forum-Trends in Extreme Winds, Waves, and Extratropical Storms Along the Coasts

    Science.gov (United States)

    2011-12-01

    ... the forum Web site at https://sites.google.com/a/noaa.gov/extreme-winds-waves-extratropical-storms... this forum become available, they may be found at https://sites.google.com/a/noaa.gov/extreme-winds...

  13. Eawag Forum Chriesbach - Detailed energy balance - Final report; Energie-Detailbilanz des Eawag Forum Chriesbach - Schlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Guettinger, H.; Lichtensteiger, T.; Mauz, M. [Eidgenoessische Anstalt fuer Wasserversorgung, Abwasserreinigung und Gewaesserschutz, EAWAG, Duebendorf (Switzerland); Velsen, S. van [3-Plan Haustechnik AG, Winterthur (Switzerland); Lehmann, B.; Frank, T.; Dorer, V.; Beerle, D. [Eidgenoessische Materialpruefungs- und Forschungsanstalt, EMPA, Duebendorf (Switzerland)

    2009-06-15

    In June 2006 Eawag moved into its new headquarters, Forum Chriesbach. The building's external appearance is striking owing to the 1232 blue glass panels which clad the compact 6-storey rectangular structure. Eawag Forum Chriesbach houses 150 workplaces, a staff cafeteria, meeting and seminar rooms as well as the library of Eawag and Empa. It is an exemplary illustration of 'sustainable' construction design and is one of the best known buildings in Switzerland. It has been awarded several prizes and described in numerous national and international publications. The building is modern, functional, aesthetic, and uses a unique array of sources for heating, including the sun as well as waste heat from light sources, electric appliances and people. Cooling requirements are very low. Only electricity requirements and the embedded energy of construction materials are of significance. Approximately one third of the electricity required, namely 70 MWh/a, is produced by photovoltaic panels on the roof, and the rest is purchased as renewable electricity from the utilities under the label 'nature-made star'. During a two-year optimization period the building's control system was adjusted and know-how was transferred from planners and builders to owners and facility managers. From autumn 2007 Eawag, Empa and 3-Plan Haustechnik AG carried out temperature and energy measurements to determine the extent to which original planning assumptions and simulation forecasts corresponded to actual experience. Computer simulations with TRNSYS have revealed the relative contribution of individual building components to the overall energy balance and their sensitivity to external parameters. Temperatures during hot summer days have remained in comfortable ranges below 26 {sup o}C and have usually ranged between 20 and 23 {sup o}C in winter. Although heating and electricity requirements have exceeded predicted levels, at 5.7 kWh/m{sup 2} weighted energy reference

  14. 78 FR 32239 - Request for Applicants for Appointment to the United States-Brazil CEO Forum

    Science.gov (United States)

    2013-05-29

    ... International Trade Administration Request for Applicants for Appointment to the United States- Brazil CEO Forum... 2007, the Governments of the United States and Brazil established the U.S.-Brazil CEO Forum. This... representatives to the U.S. Section of the Forum. The term of the current representatives to the U.S. Section will...

  15. 78 FR 77621 - Forum To Discuss Proposed Changes To Implement the Hague Agreement Concerning International...

    Science.gov (United States)

    2013-12-24

    ... United States Patent and Trademark Office 37 CFR Parts 1, 3, 5 and 11 Forum To Discuss Proposed Changes... States Patent and Trademark Office (``USPTO'' or ``Office'') is convening a forum to discuss... title I of the PLTIA and seeking written comments on the proposals. The forum is an additional way for...

  16. Experiences of a Newbie Helper in a Free, Open, Online, Mathematics Help Forum Community

    Science.gov (United States)

    van de Sande, Carla

    2013-01-01

    Free, open, online help forums are open to the public and allow students to anonymously seek homework help from volunteers who have the time, willingness, and experience to respond. These forums offer affordable, accessible, and efficient help given as a social, public endeavor. Some forums exhibit a strong sense of virtual community, especially…

  17. 75 FR 10814 - Proposed Programmatic Safe Harbor Agreement for the Sacramento River Conservation Area Forum in...

    Science.gov (United States)

    2010-03-09

    ... Conservation Area Forum in Shasta, Tehama, Butte, Glenn, Colusa, Yolo, and Sutter Counties, CA AGENCY: Fish and... application for an Enhancement of Survival Permit from the Sacramento River Conservation Area Forum (applicant... Conservation Area Forum under the Act (16 U.S.C 1531 et seq.). The permit application includes a proposed Safe...

  18. 76 FR 12337 - Request for Applicants for Appointment to the United States-Brazil CEO Forum

    Science.gov (United States)

    2011-03-07

    ... International Trade Administration Request for Applicants for Appointment to the United States- Brazil CEO Forum... 2007, the Governments of the United States and Brazil established the U.S.-Brazil CEO Forum. This... of the Forum. The current U.S. Section term will expire on June 11, 2011. DATES: Applications should...

  19. The Stem Advisory Forum: A Means of Allowing People to Influence the Government's STEM Initiatives

    Science.gov (United States)

    Onion, Alice; Follett, Brian

    2011-01-01

    This paper gives a short overview of the UK government's STEM agenda and then considers one aspect in depth--the STEM Advisory Forum. It explains how the Forum operates to draw together views from across the STEM community through online discussions and face-to-face events. Four examples are given of topics that have been dealt with by the Forum.…

  20. Reflections on 'medical tourism' from the 2016 Global Healthcare Policy and Management Forum

    NARCIS (Netherlands)

    Crooks, V.A.; Ormond, M.E.; Jin, Ki Nam

    2017-01-01

    In October 2016, the Global Healthcare Policy and Management Forum was held at Yonsei University, Seoul, South Korea. The goal of the forum was to discuss the role of the state in regulating and supporting the development of medical tourism. Forum attendees came from 10 countries. In this short