Search results for "LIST"

Value Creation When Acquiring Public vs Private Firms. Spanish Evidence

2013

We investigate shareholder value creation of Spanish listed firms in response to announcements of acquisitions of unlisted companies and compare this experience to the purchase of listed firms over the period 1991–2011. Similar to foreign markets, acquirers of listed targets earn insignificant average abnormal returns. However, acquirers of listed targets that perform a first bid show significant negative abnormal returns. Acquirers of unlisted targets gain significant positive average abnormal returns. When we relate these results to company and transaction characteristics our evidence suggests that the listing status effect is mainly associated with the fact that unlisted firms tend to be…

The Effects of Internationalization on CEO Compensation

2004

This study examines the relation between the internationalization of firms and CEO compensation. Starting from a sample of Norwegian and Swedish listed firms, we analyze the effects of internationalization as manifest in the capital market (international cross-listing), the market for corporate control (foreign board membership), and the product and service market (export and foreign sales). We conclude that all three markets contribute positively to the compensation level of CEOs. We argue that part of the higher CEO compensation in internationally oriented firms - as compared to less internationalized firms within the same country - reflects a risk premium for reduction in job security.Pu…

Fondos-buitre / 1

2007

Trading Nokia: The roles of the Helsinki vs the New York stock exchanges

2004

We use the Autoregressive Conditional Duration (ACD) framework of Engle and Russell (1998) to study the effect of trading volume on price duration (ie the time lapse between consecutive price changes) of a stock listed both in the domestic and the foreign market. As a case study we use the example of Nokia's share, which is actively traded both in the Helsinki Stock Exchange and the New York Stock Exchange (NYSE). We find asymmetry in the volume-price duration relationship between the two markets. In the NYSE the negative relationship is much stronger and exists both during and outside common trading hours. Outside common trading hours no such relationship is significant in Helsinki. Based …

An exploratory approach for benefits management in e-government: Insights from 48 Norwegian government funded projects

2008

Author's version of a chapter in Proceeding of 41th Hawaii International Conference on System Sciences. Also available from the publisher at http://dx.doi.org/10.1109/HICSS.2008.55 Efforts to improve governance and government functions through the use of information technology continue to draw considerable parts of the budgets of government agencies. To meet public and political demands for increased visibility of effects of e- Government investments, there is a trend to extend existing practices of evaluation towards more holistic management practices, commonly referred to as benefits management. However, benefits management practices and effects of such practices are poorly documented. Th…

Jaunas iezīmes un pretrunu pieaugums mūsdienu kapitālisma ekonomikā. 1.sējums

1977

Rakstu krājums domāts tiem, kas interesējas par kapitālisma politisko ekonomiju.

Quantum inductive inference by finite automata

2008

AbstractFreivalds and Smith [R. Freivalds, C.H. Smith Memory limited inductive inference machines, Springer Lecture Notes in Computer Science 621 (1992) 19–29] proved that probabilistic limited memory inductive inference machines can learn with probability 1 certain classes of total recursive functions, which cannot be learned by deterministic limited memory inductive inference machines. We introduce quantum limited memory inductive inference machines as quantum finite automata acting as inductive inference machines. These machines, we show, can learn classes of total recursive functions not learnable by any deterministic, nor even by probabilistic, limited memory inductive inference machin…

Complexity of probabilistic versus deterministic automata

2005

Combining Top-down and Bottom-up Visual Saliency for Firearms Localization

2014

Object detection is one of the most challenging issues for computer vision researchers. The analysis of the human visual attention mechanisms can help automatic inspection systems, in order to discard useless information and improving performances and efficiency. In this paper we proposed our attention based method to estimate firearms position in images of people holding firearms. Both top-down and bottom-up mechanisms are involved in our system. The bottom-up analysis is based on a state-of-the-art approach. The top-down analysis is based on the construction of a probabilistic model of the firearms position with respect to the people’s face position. This model has been created by analyzi…

Primo Convegno Nazionale della Società dei territorialisti e delle territorialiste: tra approccio multidisciplinare, ritorno alla terra, valore umano…

2014

Prendendo spunto dal Primo Convegno Nazionale della Società dei Territorialisti e delle Territorialiste, che ha avuto luogo a Milano nei giorni del 17 e 18 maggio 2013, si riflette e si ripercorre la via che ha portato la pianificazione territoriale da un approccio al territorio per parti separate a quello di una lettura e progettazione di tipo sistemico ed organico che mira al superamento della precedente settorialità: l’approccio territorialista. La visione e il metodo territorialista implementa la multidisciplinarietà propria della pianificazione territoriale coinvolgendo l’identità dei luoghi, la partecipazione degli abitanti, la produzione sociale e condivisa di paesaggi, la proposta d…