Social media are platform-agnostic, which means that they can generally be accessed through any
Internet-enabled device, including personal computers and (increasingly) smartphone and tablet
devices but also via gaming consoles and new generation televisions. They are ideal places to connect
and engage with people who would not traditionally think about talking to their parliament or making
submissions on legislation. Social media provide an interactive and bidirectional experience.
This research includes four major steps. The first step involves general
information collection, including both first-hand and second-hand data, in order to
identify major themes from the literature. Surveys and interviews are conducted, in
which a list of important factors in successful leadership are identified. With these factors,
expert interviews, conducted in the second step, are used to decide the most significant
factors among them. The third step is the case study to show the importance of those
factors and how they work in the construction field.
Relatively recently, after the availability of scanned data from supermarkets some
authors started studying the choices of individual consumers in response to price discounts
rather then focusing on the overall store sales. Such approach allows to separate
the eect price reduction has on the number of items individual consumer buys from
the number of consumers price reduction attracts to the shop. Moreover, it became
possible to see which goods consumers purchase together and how this behavior changes
in response to price reductions. Van den Poel et al.
Our main empirical ndings are as follows. We nd that a range of nancial and macroeconomic
variables prove helpful in selecting funds that are capable of generating future alphas. In particular,
we nd evidence that a number of investment strategies (that use macroeconomic variables to
predict fund returns) generate out-of-sample alphas from 7-9%/year (after fund-level trading costs
and fees), when measured with a single-factor model, and from 12-13%/year with a four-factor
model that controls for fund exposures to size, book-to-market, and momentum.
In the CRSP data set, different classes of the same fund appear as different funds. We
identify the classes that belong to the same fund and obtain fund-level information by averaging
(weighting the classes by total net assets) the class-level data provided by CRSP. We also
exclude index funds from our sample. Since the index identifier in CRSP is only available as of
2003, we use funds' names to determine whether they are index funds or not. For SRI funds, we
double-check the classification manually to make sure that we do not unnecessarily delete SRI
funds from the sample. We...
Ubiquitous learning and foreign language learning in listening
Ubiquitous learning enables learners to learn in their daily life and helps them to
overcome limitations of time and space. Learners who study a foreign language with
mobile devices will be able to experience learning from an authentic situation and have
their learning performance enhanced (Nash, 2007), as multiple sense stimuli may be
more helpful to learners in absorbing knowledge. So far, ubiquitous learning has been
implemented in many types ...
If a football star touts a deodorant soap, an actress starts everyday with brand. A coffee, a
tennis pro get stamina from Brand X cereal and if a talk show host drives a certain car it does not
mean that your going to do that. I agree with Jozui if an atractive talk-show host gets paid to
pretend to drive a car, it does not mean that your going to go buy one.
It would be good boycotting this kind of advertisement but theres always a positive &
negative side to the advertisements. Boycotting this advertisement will be good so...
The intent of the Preliminary Design submittal is to provide a formal opportunity for WSDOT,
the Contractor, various design team disciplines, and other approved project stakeholders to
review the construction documents in order to ensure that: the design is progressing
appropriately and proceeding in the right direction; the plans reflect Contractor requirements for
construction; design features are coordinated; and there are no fatal flaws within a given
discipline or between disciplines.
The main regulatory changes made during 2010 where in New Zealand, Chile, Hungary and Turkey.
With regards to New Zealand, responses contained in Tables 1 and 4 have been modified to reflect the
requirement of a restriction on the amount of Growth Assets being not less than 15% or more than 25% of
the default allocated members assets in growth assets for the KiwiSaver
In Chile, the Investment Regime changed the definition of hedging in January 2010. Until 2009, the
hedging was made in relation to the denomination currency of mutual funds and investment funds.
This thesis makes several meaningful contributions to the literature and the practical
perspective. First, it is conducted in a different setting from most previous studies. Thus, it
provides an out-of-sample test for the theories and empirical models so far established.
Second, this study fills one of the gaps in mutual fund studies by asking whether the
findings in developed markets carry over to emerging markets.
Subject to a number of exceptions, fund managers
that are SEC-registered investment advisers may not
charge any type of performance fee or carried interest
to their fund investors.
72 Rule 205-3 of the Investment
Advisers Act of 1940, as amended (the “Advisers Act”),
allows registered fund managers to charge such fees
to “qualiﬁ ed clients.”73 Rule 205-3 historically deﬁ ned
“qualiﬁ ed clients” as clients with at least $750,000 in as-
sets under management or a net worth of at least $150
Monocropping can be used as a metaphor to describe educational systems in many developing
countries. Education Volunteers are aware of the intense stress experienced by students whose
families' hopes are pinned on their eventual success in a centralized academic system of
education. The stress for you might come in trying to balance your students' expectations with
your own inclinations, born of your experience in a system which, at least theoretically, aspires to
equality and encourages diversity.
The remainder of the paper is as follows. The next section defines the standard approach
and the notion of luck. Then, we define the F DR and explain our new methodology
which allows us to compute the F DR among the best and worst funds separately.
Section 3 presents the performance measures, the estimation technique to compute the
p-values as well as the mutual fund data. Section 4 contains the empirical analysis of
the impact of luck on performance across the four investment categories. Section 5 concludes.
We identified 39 funds for which direct support was provided and a no-action letter was not
requested. We also noted numerous funds for which a no-action request was made but no support was
subsequently disclosed. By reviewing the financial statements, we obtain additional information on the
nature and amount of support on an ex post basis. Finally, as previously noted, our data set focuses only
on direct support to U.S.
These simple measures of support do not take into account two very important factors. First, if support
had not been provided to the funds, it is likely that increased investor redemptions would have resulted
and reduced each fund’s AUM, thus magnifying the impact of the losses for remaining investors.
Second, the use of a 0.5% threshold is conservative because it assumes that there are no unsupported
losses in each supported fund. For example, if a fund had a total combined realized and unrealized loss of
0.7%, support of only 0.
By the 1980s, however, manufacturing losses in both new and old plants were being exac-
erbated by foreign competition. As the United States embraced free trade, the aggregate
effect was beneficial, but in some sectors and regions adverse impacts were undeniable,
especially in older cities. The rise of new competitors—notably from Japan—opened the
way to globalization of consumer goods production, both durable and nondurable, that
was cheaper and frequently better.
This analysis of East Asian corporations allows us to study the subject of earnings
informativeness in a different ownership context from that of the research on U.S.
corporations. Our research results are also rich in policy implications. In general, our
results support Ball, Kothari, and Robin (2000) by finding that policy makers should
consider a country’s overall institutional environment before prescribing a comprehensive
set of rules and regulations for corporate reporting.
As the ratio of oxygen to fuel (or air to fuel) decreases, the products change from the
desired carbon dioxide to the undesired carbon monoxide and then to soot (which is almost
pure carbon) or unburned heptane. When an engine is operating on a high value of air/fuel
ratio, we say the engine is running lean. Sometimes we may also speak of a lean-burning
engine. When the air/fuel ratio is low, we say that the engine is running or burning rich.
The carburetor or fuel injector system of an engine can be adjusted, at least to some extent,
to change this ratio. It would seem,...
We met first in September and were required to report by the end of the year.
The FRC’s announcement invited comments on the issues raised in our terms of
reference. In addition, we wrote to representative organisations and to leading
audit firms inviting their comments and assistance. A list of those who offered
comments is given in Appendix V. We have looked at experience in other
countries and noted current developments in the United States, the European
Union and elsewhere – see Appendix III.
The information required during implementation is
determined primarily by the scope of the project –
namely the purpose, results, activities, resource
requirements and budget – and by the management
arrangements (roles and responsibilities).
At the purpose and result levels, the key indicators and
sources of verification contained in the Logframe
matrix provide the focus for information collection and