Xem 1-20 trên 63 kết quả Inherent differences
  • 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.

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  • We have not named people, agencies, or projects in this book. The authors have done this both to honor the privacy of conversations and to reflect the fact that any comment we quote represents a widely-shared viewpoint rather than that of a single individual. The Listening Project (through which these conversations occurred) was not evaluating individual projects or agencies, but instead focused on understanding the long-term, cumulative effects of different types of international aid efforts on people, communities, and their societies over time. ...

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  • The code executed by the replica proxy for supporting Byzantine clients is presented in Figure 4. To be able to compare if the sequence of operations submitted initially is the same that is submitted at commit time, the coor- dinator also logs the operations and their results as they are executed (line 42). At commit time, if the received list differs from the log, the coordinator discards exe- cuted operations in the current transaction and executes operations in the received list, as any other replica.

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  • 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 workplace settings. 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.

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  • In the absence of further guidance on the relative importance of the two argu- ments, our prior about the relative smartness of institutional versus individual money f lows remains neutral.With regard to the direction ofmoney f lows, there are at least two reasons to believe that investors’ fund sells have a weaker as- sociation with future performance than their fund buys. First, the disposition effect discussed in Odean (1998) suggests that sell decisions are generally not optimallymade.

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  • In fact, as in many recent publications in mathematics educa- tion, much of what is described . . . reflects two movements, “sit- uated learning” and “constructivism”, which have been gaining influence on thinking about education and educational research. In our view, some of the central educational recommendations of these movements have questionable psychological foundations.

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  • It is important to note that the requirements for sustainability condi- tions vary by subsection because they are inherently different. In par- ticular, these requirements to create sustainability may be more difficult to achieve in practice in water and sanitation, in drainage, and in the transportation subprojects than they are in building schools or clinics.

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  • Social funds should not replace the public sector in tasks that are the government’s inherent responsibility. To do so can undermine ongoing public sector reform and institution-building programs. The objective of funds should be to reinforce and broaden, rather than supplant, the role of state institutions in the social field. Undoubtedly, in many countries, fund portfolios are going to continue to have schools and health posts and other such social projects because funds have been shown to be effective in that role.

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  • This conversation is an opportunity to rethink how commitments on gender equality can be anchored in development partnerships with different actors in the context of post-Rio and post-2015. Participants are expected to discuss innovative thinking on how MA must advance conceptually and how gender equality can be anchored at the heart of this discussion.

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  • 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.

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  • 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.

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  • Bear these in mind as you go through the training. We now turn to the definition of a project. The shortest definition of a project is one given by Juran (cited in Lewis, 2002:2). He defines it as a problem scheduled for solution. Lewis (2002) himself defines a project as: A multi-task that has performance, cost, time, and scope requirements and is done only one time. That means a project has specific performance requirements that have to be met (performance); a budget (cost); a definite starting and ending points (time); and clearly defined range of work to be done...

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  • The Shares have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States persons, except in a transaction which does not violate the securities laws of the United States of America.

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  • Hollywood’s loss, in terms of the general narrowing of the horizons of possibility at the heart of the studio-led machine, was to be the gain of a newly consolidating form of independent production and distribution that was beginning to take shape during the 1980s, and into which some of the inheritance of the Renaissance was carried. The term ‘independent’ has had rather different connotations at different periods in the history of American cinema. In the 1930s, for example, it signified ‘something less than trash’.

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  • 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. ...

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  • The resulting view, that financial markets can be subject to inherent instability, induces governments to intervene to provide depositor protection in some form or other. Explicit deposit insurance is one approach, while an explicit or implicit deposit guarantee is another. In either case, general prudential supervision also occurs to limit the risk incurred by insurers or guarantors. To control the incentives of bank owners who rely too heavily on government funded deposit insurance, governments typically enforce some control over bank owners.

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  • The selection of neo-institutional theory as theoretical lens for the dissertation rests on several arguments. 3 First, the theory bears significant potential to generate fresh insights into the strategy formation process (Mintzberg and Lampel, 1999; Hensmans, 2003). Second, it con- ceptualizes very well the environment, its actors, its creation, and its internal functioning (Scott, 2001).

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  • 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 percent.

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  • Individual demand gives the quantity purchased for each price. Analogously, the market demand gives the quantity purchased by all the market participants – the sum of the individual demands – for each price. This is sometimes called a “horizontal sum” because the summation is over the quantities for each price. An example is illustrated in Figure 2-7. For a given price p, the quantity q1 demanded by one consumer, and the quantity q2 demanded by a second consumer are illustrated. The sum of these quantities represents the market demand, if the market has...

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  • 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.

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