Search results for "versification"
showing 10 items of 185 documents
Differences and similaritites between corporate governance principles in Islamic banks and Conventional banks
2017
Abstract The purpose of this paper is to present the some differences and similarities between corporate governance principles in Islamic banks and conventional banks by paradigmatic diversification. Since Corporate governance in Islamic banks is a social phenomenon in Islamic societies, the paper uses social theory paradigms (functionalist, interpretive, radical humanist and radical structuralist) to compare between corporate governance in Islamic banks and conventional banks. This paper demonstrates that mainstream corporate corporate governance theories are not a law of nature but a social construct.
Unravelling biodiversity, evolution and threats to conservation in the Sahara-Sahel
2013
Deserts and arid regions are generally perceived as bare and rather homogeneous areas of low diversity. The Sahara is the largest warm desert in the world and together with the arid Sahel displays high topographical and climatic heterogeneity, and has experienced recent and strong climatic oscillations that have greatly shifted biodiversity distribution and community composition. The large size, remoteness and long-term political instability of the Sahara-Sahel, have limited knowledge on its biodiversity. However, over the last decade, there have been an increasing number of published scientific studies based on modern geomatic and molecular tools, and broad sampling of taxa of these region…
Do Cross-Country Differences in Accounting Conservatism Explain Variations in the Degree of Investor Diversification?
2009
We show that the level of conditional accounting conservatism of foreign markets is significantly and positively associated with decisions to diversify portfolios internationally. This positive association could be either because conditional conservatism per se is attractive to international investors, or because the un-modelled factors that attract foreign investors to a country also cause these countries to adopt conditionally conservative accounting practices. However, if conditional conservatism serves to alleviate foreign investors’ concerns related to insiders having asymmetric access to information then one would also expect the chosen mode of entry into a foreign market (as foreign …
The influence of conditional conservatism on ownership dispersion: An international analysis
2013
ABSTRACTWe study the influence of conditional accounting conservatism on domestic investor diversification decisions. We argue that a conservative accounting system that promotes the dissemination of bad news and which constrains managers from engaging in opportunistic activities reduces the need for investors to concentrate their ownership, and consequently helps investors to diversify their investments. Through a country-level analysis we show that increased domestic conditional conservatism and higher domestic diversification opportunities lead to higher levels of domestic ownership diversification. Our results are robust to alternative estimates of conditional conservatism, and indicate…
Unveiling the Antecedents of International Diversification: An Agency Theory Approach
2014
While various studies have developed hypotheses about the antecedents of international diversification drawing mainly on the resource-based view, the behavioral theory of the firm, and the transaction costs literature, we advance our understanding by investigating the explanatory power of agency costs of free cash flow arguments. Using a sample panel of 167 Italian firms longitudinally evaluated during the 1980-2010 period, this study tests whether the firm’s choice to spread operations in multiple foreign countries is conditioned by excess of free cash flow and debt, especially in firm-contexts where agency problems are exacerbated by managers or large shareholders’ opportunism. We find th…
Unveiling the Antecedents of International Diversification: An Agency Theory Approach
2014
While various studies have developed hypotheses about the antecedents of international diversification drawing mainly on the resource-based view, the behavioral theory of the firm, and the transaction costs literature, we advance our understanding by investigating the explanatory power of agency costs of free cash flow arguments. Using a sample panel of 167 Italian firms longitudinally evaluated during the 1980-2010 period, this study tests whether the firm’s choice to spread operations in multiple foreign countries is conditioned by excess of free cash flow and debt, especially in firm-contexts where agency problems are exacerbated by managers or large shareholders’ opportunism. We find th…
Aerobic Metabolism: Benefits from an Oxygenated World
2010
In the preceding chapter, we have emphasized the dangers that the advent of dioxygen presented to the existing anaerobic organisms, and the ways they evolved to deal with the problems. However, this is only part of the story and were it to have ended here, we and the world we know would not exist. What happened instead was quite remarkable; for life seized upon an opportunity presented by the presence of free dioxygen to become many-fold more efficient in extracting energy from foodstuffs. As we shall see, this aerobic, oxidative metabolism opened in turn a multitude of new opportunities for growth and diversification.
Rileggendo il «Within piscator» di Letaldo di Micy
2017
Il saggio propone una presentazione complessiva del «Within piscator» («De quodam piscatore quem ballena absorbuit»), poemetto latino del X secolo comunemente attribuito a Letaldo di Micy. La disamina dell’opera si sviluppa in varie direzioni: tradizione manoscritta ed edizioni critiche; vita e opere di Letaldo di Micy; rapporti con la tradizione classica, biblica e cristiana; "status quaestionis" e interpretazioni critiche; problemi testuali e filologici; lingua e stile; metrica e versificazione. This essay offers a comprehensive analysis of the «Within piscator» («De quodam piscatore quem ballena absorbuit»), latin short poem of the Xth century, commonly attributed to Letaldus of Micy. Th…
Expanding Horizons: The 3rd European Alternative Finance Industry Report
2018
The 3rd Annual European Alternative Finance Report presents the most comprehensive analysis of the status of alternative finance industry in Europe, covering more countries, alternative finance models, as well as industry trends and developments than was available in its predecessors. Much effort has been placed on data quality verifications and clarifications in an ongoing productive and collaborative dialogue with all platform informants and research partners. Here, we wish to acknowledge their invaluable contributions, without which this report could not have been written. Overall, the data collected shows that 2016 saw European alternative finance doubling its volumes from 2015, and con…
Variation and change in English resultative constructions
2010
AbstractThe system of English resultative constructions is in a state of flux characterized by variation between two of its most prominent competitors,way-constructions as inShe worked herwayto the topand reflexive structures as inShe worked herselfto the top.Although this competition has occasionally been addressed in the literature (cf. Jackendoff, 1990:213; Kirchner, 1951:158; Salkoff, 1988:54ff.), the present findings reveal that the long-standing rivalry between these structures has resulted in an increased use of theway-construction at the expense of reflexive structures. In addition, the coexistence ofway-constructions with semantically overlapping reflexive structures eventually cul…