We also examine the determinants of the return gap. We ﬁnd that
estimated trading costs are negatively related to the return gap. Also,
most funds in our sample exhibit relatively large correlations between
the hypothetical holdings returns and the investor returns, indicating that
their actual investment strategies do not differ signiﬁcantly from their
disclosed strategies. However, some funds have relatively low correlations
between holdings and investor returns.
Students are expected to exhibit the Speaking and Listening Skills in both formal and
informal settings, adapting their language use accordingly. In particular, students
should be able to use formal Standard English when called for in academic and
Group and One-to-One:
Students are expected to utilize the speaking and listening skills in both groups and
one-to-one. The application of these skills may be different in varied settings.
Renowned businessman, political figure and philanthropist, Thomas J. Watson, Jr. once said, “I believe the real difference between success and failure in a corporation can be very often traced to the question of how well the organization brings out the great energies and talents of its people.”
This quote is a perfect illustration of how important employee development is to organizations’ success. A company may hire the smartest or best-fit employees, but if those employees aren’t developed or given opportunities to grow, the company isn’t reaching maximum success....
The Department of Defense (DoD), along with other federal agencies, is striving to improve the effectiveness and efficiency of its civilian workforce and to address impending personnel challenges, such as a significant increase in retirement rates. The Department is evaluating the extent to which a data-driven and
Another literature examines whether asset managers or sell-side analysts are better able to
collect private information on equities of corporations in their geographic area. For instance,
Coval and Moskowitz (1999) nd that fund managers are better able to select stocks of rms
headquartered nearby, while Cohen, Frazzini, and Malloy (2008) nd that fund managers with
past educational ties to corporate managers overweight and outperform in the stocks of those
PHI has often financed the delivery of larger treatment volumes by offering higher payments to
providers. Financial incentives linked to payment mechanisms exert a direct impact upon doctors’
productivity.32 This has contributed to a growth in the volumes of private hospital treatments in several
countries where doctors have both public and private sector engagements, as in Australia and Ireland
(Colombo and Tapay, 2003 and 2004b).
It is increasingly common to find tables with thousands of col-
umns – they arise when a particular object has thousands of meas-
ured attributes. Not infrequently, many of the values are null. For
example, an LDAP object has 7 required and a thousand optional
attributes. It is convenient to think of each object as a row of a
table, but representing it that way is very inefficient – both in
But large numbers of education Volunteers have enjoyed the challenge of making the impossible
possible. They've developed coping strategies and ways of teaching effectively in very large
classes. This book brings you some of those strategies in the hope that they will be of use to you.
We have included practical, obvious, and bold suggestions that have been made by Volunteers
Teaching English as a Foreign Language (TEFL) in well-established programs such as in
francophone Gabon, or Teaching English as a Second Language (TESL) in newer projects such
When stakeholders seek value protection and internal control assurance,
internal audit’s skill sets must reflect best-in-class capabilities in core financial
and compliance auditing. As stakeholder needs evolve, internal audit is often
called upon to do more to create value through operational improvement.
Delivering operational improvement typically requires a portfolio of skill sets
that build on core internal audit competencies to include risk management
and consultative capabilities.
Will your project lead to materials production or a
publication? If so, you need to get an estimate from the
printers or the organisation producing the materials.
Don’t forget the costs of distributing the materials if
this is part of your aims. CD-ROMs are often
cheaper than print nowadays. Do you have access to the computers and other hardware
you need for the project? Some publicly funded project
sources will contribute to buying what you need.
At the completion of work, the CQAM, PM, and WSDOT jointly conduct a final inspection of
the project. The final inspection includes inspection of the completed work, associated as-built
documents, certifications, and other documentation and contractor punch list item review. The
inspection is accomplished within five business days of notification that the project is ready for
During the inspection, quality control documentation may be reviewed.
Oracle Label Security adds extensive protection for sensitive information. It delivers multilevel
security capabilities to protect access to data right down to individual rows in tables and
addresses the real world data security and privacy problems faced by government and
commercial entities worldwide. Oracle Label Security can be combined with Virtual Private
Database, Secure Application Roles, and Oracle Database Vault to provide powerful solutions
for protecting personally identifiable information. ...
At the end of each testing session, the moderator, notetaker, and observer debriefed as a
group, identifying and summarizing the major themes and establishing what they
thought was or was not working in the notice. These summaries helped us hypothesize
the results of the testing. We used these explicit statements to triangulate7
and to test findings for biases that either confirm or refute hypotheses.
• There is need to diversify urban-development activities within the
municipality. An outward spread of these development activities and the creation
of satellite towns in areas such as Olkaria, Sulmac and Sharlimar would minimise
the pressure on the natural environment, land, forests, air and water resources, as
well as on the capacities of socio-economic infrastructures such as sewerage and
water supply facilities and roads. This will also result in a reduction of land use
conflicts, which is a major cause of environmental degradation in any given urban
In the Commonwealth of Pennsylvania, the authority also develops programs to
educate the public about reducing the risk of becoming a victim of auto theft. In
cooperation with the Philadelphia Eagles National Football League team, the
authority launched a print, radio and online campaign that educates the public
about auto theft prevention.
Uniform Crime Report Data from the Pennsylvania State Police showed that, since
the authority’s inception in 1995, annual auto theft rates have declined by nearly 50
Usually, art production is dealt
with by theories of creativity or portraits of the individual artist, while the
viewer’s encounter with art is considered in analyses of aesthetic experience
or explained by reference to empirical data about the mind/brain. This ap-
proach makes it seem as if artist and viewer relate to art in radically diﬀerent
ways. It may appear reasonable, inasmuch as the viewer’s relationship to art
in comparison to that of the artist is predominantly passive.
However, such a strategy is inappropriate for the United States in current
circumstances. Inflation expectations appear reasonably well-anchored, and both
inflation expectations and actual inflation remain within a range consistent with price
stability. In this context, raising the inflation objective would likely entail much greater
costs than benefits. Inflation would be higher and probably more volatile under such a
policy, undermining confidence and the ability of firms and households to make longer-
term plans, while squandering the Fed’s hard-won inflation credibility.
In 1997, both the underlying confidence and optimism are hard to sustain. The War on
Poverty and its successor programs seem to have made little impact on those populations
that are at the lowest economic levels in U.S. society. If anything, the widening income
distribution and the curbing of governmental expenditures for these groups have left
them worse off. Yet one result of the efforts to address poverty in the intervening years
has been the growth of well-articulated theoretical notions coupled with serious efforts
to ground these ideas in empirical analysis.
If a three-dimensional (3-D) item is small enough, it should be placed inside an envelope, as described above. The entry number label should be securely attached to the bottom of the entry. Insert two copies of the entry form inside the envelope. (If the entry is likely to tear the envelope when removing and replacing it, choose the method listed below.)
When a three-dimensional (3-D) item is over-sized and too large to fit inside an envelope, enclose the item inside an appropriately-sized box. Secure the entry number to the top of the box in the upper right hand corner. An entry...