Search results for "CLOSURE"
showing 10 items of 411 documents
Credit Risk Disclosure Practices in the Annual Financial Reporting of Large Italian Banks
2019
Risk disclosure in banking is particularly important for the efficacy of market discipline, the assessment of bank performance, the efficiency of the financial market, and the overall stability of the financial system. The European banking union and the financial crisis have enhanced the strategic role of credit risk disclosure in banking. The topic of this chapter is the evaluation of credit risk disclosure practices in banks’ annual financial reporting. The empirical research is conducted on a sample of ten large Italian banks. The authors employ content analysis and provide a hybrid scoring model for the assessment of credit risk disclosure. The chapter provides empirical findings which …
The Impact of Corporate Governance on Internet Financial Reporting in Concentrated Ownership Companies
2013
In the context of agency theory this study investigates the effect of corporate governance (CG) on Internet Fianncial Reporting disclosure (IFR) in concentrated ownership envitonment, such as Italy. We hypothesize that IFR may be explain in term of increasing trasparency in order to defen minority shareholder interest, so we predict, and find, a positive association between the extent of a firm's IFR and its CG and a negative assocaition between IFR and ownership structure. Abstract. This study investigates, upon agency theory, the effect of corporate governance (CG) on Internet Financial Reporting disclosure (IFR) in an ownership concentrated environment, such as Ita-ly. We hypothesize tha…
Intellectual capital disclosure in sustainability reports
2013
The purpose of this chapter is to analyze the level and the quality of voluntary disclosures of Intellectual Capital (IC) in the sustainability reports on a sample of Italian listed companies. The authors conducted an analysis of twelve sustainability reports for two years (2009-2010). These are related to six firms selected among the most capitalized 37 Italian listed companies. To investigate the “level of disclosure,” the authors identified the presence of IC information, while to evaluate the “IC quality,” they constructed a voluntary disclosure index based on content analysis. IC information disclosure is more likely present in sustainability reports of firms with a higher levels of ap…
RECOGNIZABLE PICTURE LANGUAGES
1992
The purpose of this paper is to propose a new notion of recognizability for picture (two-dimensional) languages extending the characterization of one-dimensional recognizable languages in terms of local languages and alphabetic mappings. We first introduce the family of local picture languages (denoted by LOC) and, in particular, prove the undecidability of the emptiness problem. Then we define the new family of recognizable picture languages (denoted by REC). We study some combinatorial and language theoretic properties of REC such as ambiguity, closure properties or undecidability results. Finally we compare the family REC with the classical families of languages recognized by four-way a…
Evidence for Early Closure Attachment on First Pass Reading Times in French
1997
An eye-tracking experiment was conducted in French with sentences of the form “N V N1of-N2 who …” Example: “A journalist approached the barrister (male) of the singer (female) who seemed more confident (masculine or feminine gender) than (s)he ought to be.” The results are consistent with those of Cuetos and Mitchell (1988). French readers, like Spanish readers, prefer early closure (and are garden-pathed when the sentence turns out to be a late-closure attachment). This effect was exhibited by first-pass reading times that are usually assumed to reflect initial syntactic commitments. These results are discussed in relation to Frazier and Clifton's recent proposals concerning attachment me…
Closure to “Applying Hypothesis of Self-Similarity for Flow-Resistance Law in Calabrian Gravel-Bed Rivers” by Vito Ferro and Paolo Porto
2019
Analysis of microsphere oblique impact with planar surfaces based on the independent friction-restitution approach
2020
The independent friction restitution closure (IFR) previously applied to describe planar oblique impact of a homogeneous sphere on an infinitely massive rough plane is applied here to microsphere collisions and is extended to describe horizontal launch experiments. The model provides analytical solutions of the motion equations based on a unique set of values of the coefficients of normal and tangential restitution and friction. Comparison with experimental data in literature for the impact of microspheres of diameter <100 mu m yields a satisfactory agreement between experimentation and theory.
Low-Prandtl Number Natural Convection in Volumetrically Heated Rectangular Enclosures - III. Shallow Cavity, AR=0.25
2001
Abstract Natural convection in a volumetrically heated rectangular enclosure filled with a low-Prandtl number (Pr=0.0321) fluid was studied by direct numerical two-dimensional simulation. The enclosure had isothermal side walls and adiabatic top/bottom walls. The aspect ratio was 4 and the Grashof number Gr, based on conductive maximum temperature and cavity width, ranged from 3.79 × 104 to 1.26 × 109. According to the value of Gr, different flow regimes were obtained: steady-state, periodic, and chaotic. The first instability of the steady-state solution occurred at Gr≈3×105; the resulting time-periodic flow field consisted of a central rising plume and of convection rolls, periodically ge…
MHD free convection in a liquid-metal filled cubic enclosure. II. Internal heating
2002
The buoyancy-driven magnetohydrodynamic flow in a liquid-metal filled cubic enclosure was investigated by three-dimensional numerical simulation. The enclosure was differentially heated at two opposite vertical walls, all other walls being adiabatic, and a uniform magnetic field was applied orthogonal to the temperature gradient and to the gravity vector. The Rayleigh number was 105 and the Prandtl number was 0.0321 (characteristic of Pb–17Li at 573 K). The Hartmann number was made to vary between 102 and 103 and the electrical conductance of the walls between 0 and ∞. The continuity, momentum and enthalpy transport equations, in conjunction with a Poisson equation for the electric potentia…