Search results for " Restructuring"
showing 10 items of 50 documents
Skutki tzw. postępowania incydentalnego w słowackim prawie restrukturyzacyjnym
2019
This study is devoted to the analysis of Slovak restructuring law limited to the interpretation of § 124 sec. 6 ZoKR. The provisions of Slovak law in relation to claims reported but not recognized in the restructuring proceedings allow creditors to bring legal action against the debtor, under the so-called incidental action. The effects of the court’s decision issued after conducting such proceedings are set out in § 124 sec. 6 ZoKR. The content of the study presents arguments for the thesis that the term “ne mozno voci dlznikovi vymahat”, as used in § 124 para. 6 ZoKR, carries a substantive effect of the expiry of the claim, but as a result of the court’s recognition of the case in an inci…
Pricing and hedging GDP-linked bonds in incomplete markets
2018
Abstract We model the super-replication of payoffs linked to a country’s GDP as a stochastic linear program on a discrete time and state-space scenario tree to price GDP-linked bonds. As a byproduct of the model we obtain a hedging portfolio. Using linear programming duality we compute also the risk premium. The model applies to coupon-indexed and principal-indexed bonds, and allows the analysis of bonds with different design parameters (coupon, target GDP growth rate, and maturity). We calibrate for UK and US instruments, and carry out sensitivity analysis of prices and risk premia to the risk factors and bond design parameters. We also compare coupon-indexed and principal-indexed bonds. F…
Pricing and Hedging GDP-Linked Bonds in Incomplete Markets
2017
We model the super-replication of payoffs linked to a country's GDP as a stochastic linear program on a discrete time and state-space scenario tree to price GDP-linked bonds. As a byproduct of the model, we obtain a hedging portfolio. Using linear programming duality we also compute the risk premium. The model applies to coupon-indexed and principal-indexed bonds, and allows the analysis of bonds with different design parameters (coupon, target GDP growth rate, and maturity). We calibrate for UK and US instruments and carry out a sensitivity analysis of prices and risk premia to the risk factors and bond design parameters. We also compare coupon-indexed and principal-indexed bonds. Results …
L’actionnariat des salariés influencet-il la rémunération des dirigeants ?
2017
International audience; Cet article étudie la relation entre les composantes variables de la rémunération en actions de l’entreprise des dirigeants et des actionnaires salariés. En utilisant un échantillon de données issu du SBF 120 sur la période 2004-2009, nous étudions en particulier : (i) la relation entre le montant des stock-options attribuées aux dirigeants et l’actionnariat salarié ; (ii) la relation entre le rapport du montant des stock-options sur la rémunération totale des dirigeants et l’actionnariat salarié. La relation est significativement négative dans les deux cas montrant que l’actionnariat salarié tend à limiter la composante stok-options de la rémunération des dirigeants…
L’actionnariat des salariés influence-t-il la rémunération des dirigeants ?
2017
International audience; Cet article étudie la relation entre les composantes variables de la rémunération en actions de l’entreprise des dirigeants et des actionnaires salariés. En utilisant un échantillon de données issu du SBF 120 sur la période 2004-2009, nous étudions en particulier : (i) la relation entre le montant des stock-options attribuées aux dirigeants et l’actionnariat salarié ; (ii) la relation entre le rapport du montant des stock-options sur la rémunération totale des dirigeants et l’actionnariat salarié. La relation est significativement négative dans les deux cas montrant que l’actionnariat salarié tend à limiter la composante stok-options de la rémunération des dirigeants…
Effectiveness of a school-based multicomponent program for the treatment of children with ADHD
2002
The objective of this study was to evaluate the efficacy of a multicomponent program for treating attention-deficit/hyperactivity disorder (ADHD) carried out by teachers in a classroom context. Dependent measures included neuropsychological tasks, behavioral rating scales for parents and teachers, direct observation of behavior in the classroom, and academic records of children with ADHD. Fifty children with ADHD participated in the study. The teachers of 29 of the 50 students were trained in the use of behavior modification techniques, cognitive behavior strategies, and instructional management strategies. The other 21 students formed the control group. Parents' and teachers'ratings detec…
Prevalence and predictors of secondary traumatic stress symptoms in health care professionals working with trauma victims: A cross-sectional study
2021
Introduction Medical personnel is an occupational group that is especially prone to secondary traumatic stress. The factors conditioning its occurrence include organizational and work-related factors, as well as personal features and traits. The aim of this study was to determine Secondary Traumatic Stress (STS) indicators in a group of medical personnel, considering occupational load, job satisfaction, social support, and cognitive processing of trauma. Material and methods Results obtained from 419 medical professionals, paramedics and nurses, were analyzed. The age of study participants ranged from 19 to 65 (M = 39.60, SD = 11.03). A questionnaire developed for this research including q…
The Improvement of Moral Development Through an Increase in Reflection. A Training Programme
1998
Abstract In this study a training programme was implemented to increase reflectivity in 13‐and 14‐year‐old children in the 8th grade of a primary school in Spain. We hoped to confirm that an increase in reflectivity would promote moral development in these children. We did not use classical techniques for improving moral development (values clarification, moral dilemmas, etc.) but, rather, cognitive techniques to increase reflectivity‐‐ problem‐solving, self‐instruction, scanning strategies, and so on. We used Cairns and Cammock's Matching Familiar Figures Test (MFF20) (1978) and Rest's Defining Issues Test (DIT) (1986) as measuring instruments. As we had supposed prior to the intention, we…
A job resources-based intervention to boost work engagement and team innovativeness during organizational restructuring
2018
Purpose The purpose of this paper is to investigate the effectiveness of a job resources-based intervention aimed at proactively increasing work engagement and team innovativeness during organizational restructuring using a person-centered approach. Design/methodology/approach The intervention was conducted in two organizations: two departments served as participants (n=82) and two as controls (n=52). The aim was to first identify sub-groups of employees with different developmental patterns of work engagement, and then to determine whether these sub-groups benefited differently from the intervention with respect to team innovativeness and work engagement. Findings Latent profile analysis …
Somatic Symptom Disorder
2016
Somatic Symptom Disorder (SSD) represents a novel diagnosis that was first introduced in the fifth edition of the Diagnostic and Statistical Manual of Mental Disorders . SSD is characterized by at least one persistent somatic symptom accompanied by dysfunctional cognitive, affective, or behavioral reactions. With the exact causes and maintaining factors still being unknown, multidisciplinary theoretical approaches (i.e., biological, psychological, social explanatory) are necessary for understanding the development and maintenance of SSD. Regarding the psychotherapeutic treatment of SSD, modular cognitive behavioral treatment approaches which focus on cognitive restructuring, stress reductio…