When considering supply side factors, we study characteristics of the financial sector that would
influence the speed of adoption of mutual funds. We examine the effect of bank concentration,
restrictions placed on banks to enter the securities business, the number of distribution channels available
for funds, the presence of an explicit deposit insurance system for banks, and the time and cost to set up a
new fund. We find that nations that restrict banks from entering the securities business have smaller
equity and bond fund sectors. In addition, countries with a...
Manufacturing companies deploy sensors in their products to return a stream of telemetry.
Sometimes this is used to deliver services like OnStar, that delivers communications, security and
navigation services. Perhaps more importantly, this telemetry also reveals usage patterns, failure
rates and other opportunities for product improvement that can reduce development and
The proliferation of smart phones and other GPS devices offers advertisers an opportunity to
target consumers when they are in close proximity to a store, a coffee shop or a restaurant.
This book attempts to describe some of the basic grammatical characteristics of the
English language in a way accessible to most students of English. For this reason we
start at the beginning and take as little as possible for granted. Definitions are given for
grammatical concepts when they are first used and there is a glossary at the back of the
book to remind the reader of these as he or she works through it. At ...
To come up with a quality product and service, somebody has to oversee or
supervise the project. This applies to any project in any field of human endeavour
other than projects in distance education. It can then be underscored that unlike the
conventional face-to-face classroom situation, DE practitioners have to bear in mind
that the management of projects, in the various sections, drives a given DE
institution. This is what makes working in a DE environment exciting and
distinguishable from other pedagogic and andragogic circumstances.
Another aspect which impacts the operation
of the AMCs is the increased level of
regulatory disclosure requirements. Over the
years, the information and data disclosures
required from AMCs and schemes have
increased steadily. Operating teams are
required to make multiple disclosures at
regular intervals, which in turn increase
The latest downswing in ME was induced by the bursting of the real estate bubble in the
US and the subsequent global crisis in the financial markets. External drivers, such as oil
price shocks, have often triggered slumps in ME. The major difference to past slumps lies
in the fact that the risks have not yet faded out and global disequilibria are sustainable,
creating a slightly gloomy outlook on the industry, which will be further discussed in
The long-term outlook for ME in the EU-27 is closely related to regional trends, above all
to the degree...
Each one of the pollution control strategies discussed here has some cost associated with it.
Another ‘strategy’ is available also, of course. It is to take no action at all. In the electric
power industry, utilities would not be required to install and operate emission control
devices, and would thus be encouraged to burn the most inexpensive fuel. In the Northeast
and Midwest this would continue to be high-sulfur coal. If the option of doing nothing
were adopted, our energy would be less expensive and we would perceive that we are
All of this very detailed information, upbeat as well as terrible, is conveyed by Bob Seamans in his fac-
tual presentation of the sequence of major activities involved and is amplified by his personal and profes-
sional anecdotes. This is truly a unique and important record of the Apollo program’s achievements and the
United States’ demonstrated capability and technological preeminence. I hope this capability will be
advanced broadly as we move forward with innovative and beneficial aeronautics, space exploration, space
science, and applications activities.
The database we are releasing today is an updated version of the one we used for the original
report. It has been a work-in-progress, and we have further refined it as we have obtained
additional details. In particular, we uncovered new information for many of the 919 cases,
including details about initial announcement dates and the reasons for the restatements. We
performed analyses with the new information and determined that the new data resulted in
only minor changes to the effects and trends we had initially reported. ...
Algebra is a wonderful tool for testing and
predicting our understanding of the world. The
Xs, Ys and Zs in the algebra mean something
real. Algebra lets us take a word description of
the world and change it into a mathematical
description which is really useful. Clothing
designers use algebra to work out how best
to cut cloth, engineers use algebra to design
cars, boats and aeroplanes and the next
generation of medicines customised to our
genetic individuality will use algebra. Plumbers
and carpet fitters use algebra to work out how
to cut pipes or carpets to fit a space...
Are these practices making a difference? According
to survey respondents, organizational project
management maturity is improving (Figure 2). Twenty
percent describe their organizations as having “high”
overall project management maturity, up from 11%
in 2006. Perhaps not surprisingly, larger firms tend
to report higher maturity levels. Nearly 30% of
firms with at least US$1 billion in annual revenues
report a high maturity level compared to just 10%
of those with annual revenues under US$50 million.
The stem, which connects the actuator and disk, is responsible for positioning the disk.
Stems are typically forged and connected to the disk by threaded or welded joints. For
valve designs requiring stem packing or sealing to prevent leakage, a fine surface finish
of the stem in the area of the seal is necessary. Typically, a stem is not considered a
pressure boundary part.
Connection of the disk to the stem can allow some rocking or rotation to ease the
positioning of the disk on the seat. Alternately, the stem may be flexible enough to let
the disk position itself against the seat.
In brief, this dissertation presents four major contributions: (1) Regulatory actors affect strat-
egy formation. In particular, and in a situation when a regulator changes from protecting the
firm to promoting change, the consistency between resource allocations and the official con-
cept of corporate strategy decreases when regulatory involvement increases. (2) Internal
alignments are contingent upon the perceived opportunity structure of a regulatory initiative.
How, now, are these remarks to be applied in such a way as to yield an account of our
aesthetic pleasure in some more sophisticated aesthetic object such as a dramatic work? We are
confronted, first of all, by a manifold of actions on the stage. These provoke involvement: the
aesthetic enjoyment of a drama would seem indeed to rest on a peculiar sort of `comfortable
sympathy' with the characters we perceive (cf. 151). But they provoke also empathy-feelings,
which are however experienced as phantasy-material only. And now these two sorts of feelings
Developing an effective leadership team involves a process. Over time, an effective team develops a
comfortable discipline of working together. They develop the ability to balance their conversations both on
big strategic questions and small next steps. The best regional leadership teams operate in a warm permissive
atmosphere in which honest perspectives, whether hostile or friendly, can be accepted and discussed in an
How did these leadership teams evolve? First, they do not emerge magically from a static list of
There are different types of sanitization for each type of media. We have divided media
sanitization into four categories: disposal, clearing, purging and destroying. Disposal exists
where media are just tossed out with no special disposition given to them. Some media can be
simply disposed if information disclosure would have no impact on organizational mission,
would not result in damage to organizational assets, would not result in financial loss or would
not result in harm to any individuals.
To address this need, PricewaterhouseCoopers has developed the Hub and
Spokes Resource Model
The Hub and Spokes Resource Model assumes that certain core internal audit
resources and capabilities will remain resident within the company. This “hub”
provides internal audit with the leadership, continuity and experience that are
unique to your organisation. The “spokes” in the model represent elements of
a possible cosourcing relationship.
The philosophy of art tends towards analysing the relations
between art and such matters as the True and the Good, matters which are beyond the
formal qualities of works of art. It is perhaps worth emphasizing that practices similar to
those of Western art criticism and philosophy are to be found in other cultures. These
practices are worthy of study in their own right. According to the terminology adopted in
this essay, however, they are not the aesthetics of a society, but its art criticism or its
Critics sometimes point out that public transit requires more public subsidy per
passenger-mile than automobile travel, but this comparison is unfair (“Transit
Evaluation,” VTPI 2009). About half of transit subsidies are intended to provide basic
mobility (service at times and locations with low demand, and special services for people
with disabilities), which requires large subsidy per passenger-mile. Transit operates on
major urban corridors where any form of transport is costly to provide.