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Revisiting Firm-Specific Determinants of Dividend Policy: Evidence from Turkey
This study investigates the effects of firm-specific factors on dividend policies of Turkish publicly listed firms in the post-2003 period. The paper focuses on this period, because Turkish authorities and regulators implemented various major economic and structural reforms for market integration and made significant changes in the regulatory framework of cash dividend policy rules starting with the fiscal year 2003. We analyse a panel dataset of 264 firms traded in the Istanbul Stock Exchange (ISE) over the period 2003-2012 and our results reveal that profitability, debt, growth, firm age and firm
size are the most important firm-specific characteristics determining cash dividend payment decisions of ISE-listed firms. The findings, thus, suggest that more profitable, more mature and larger size firms are more likely to pay dividends (and distribute higher dividends), whereas firms with higher growth (investment opportunities) and more debt are less likely to pay dividends (and distribute lower dividends) in the Turkish market. Overall, we detect that the firm-specific determinants that affect corporate dividend policies of ISE firms do follow similar patterns of dividend policy factors in more
developed economies after the implementation of major developments in the post-2003 period, and
hence such reforms make Turkish firms to be comparable to their counterparts in developed markets in terms of dividend policy setting process
Academic Magic: Performance and the Communication of Fundamental Ideas.
This paper advances the case for how performance magic can be used as a larger medium for communicating fundamental ideas and addressing enduring questions. The paper begins with a stylized definition of performance magic as having a role for ‘disruption’ and ‘subversion’ in terms of audience perception of reality as well as an audience’s set of beliefs, predispositions, and ‘lifeworlds’. The section also engages with performance magicians as well as luminaries from the occult and Western esoteric traditions to illustrate the disruptive function of magicians broadly understood. The second part provides an overview of mentalism and mystery entertainment as a sub-genre within performance magic that is highly amenable to a more academic frame and mode of delivery. The third part outlines how key principles and effects from this sub-genre of performance magic can be applied to two broad areas of academic concern: (1) epistemology and the human condition, and (2) larger political and philosophical questions of morality, justice, rights, agency, and the power of the state. The paper concludes with a short summary and implications for the future of performance magic that moves beyond mere entertainment
Practical implementation of duobinary pulse position modulation using FPGA and visible light communication
Low bandwidth expansion modulation schemes are preferred for free space and optical fibre data transmission, where limited bandwidth is available. One such scheme is duobinary pulse position modulation (DuoPPM), which is the subject of this paper. DuoPPM scheme is not as sensitive to bandwidth expansion issues as digital PPM, with a line rate of twice the data rate. This paper discusses first time practical implementation of DuoPPM coding scheme and its application in free space using visible light LED (30 W) for transmission purposes. Experimental results achieved at the data rate of 14 Mbit/s indicate an error rate that is better than 1 error in 109.The main aim is to analyse the practicality, robustness and limitations of DuoPPM
Hairdressing in space: Depiction of gender in science books for children
Stereotypes in the media both reflect and perpetuate the notion that science is a masculine pursuit. The aim of the current study is to explore whether such stereotypes extend to imagery within children’s science books. In order to determine the extent of stereotypes in gender representation both quantitative and qualitative analyses were conducted. Results demonstrated that overall females were under-represented in images across the books surveyed. Analyses of images of adults demonstrated under-representation of women in both physics and mathematics books, but images of children showed no significant difference between genders. Analyses of the target age of the children’s books revealed that books targeted at older children contained fewer images of adult females. Qualitative visual analyses revealed that books about space exploration trivialized women’s expertise, diminished their perceived technical competence, failed to acknowledge their contribution or presence, and represented them in a manner which suggested that they were passive, lower status, and superficial. Books about science that are currently available to children in libraries are not balanced in terms of their representation of gender. Imagery in children’s books of women actively participating in scientific occupations would help to demonstrate that careers in these areas are meaningful, fulfilling and achievable for women
Introduction to Themed Issue: Trans* Policy, Practice and Lived Experience within a European Context
A kaleidoscopic view of the territorialized consumption of place
Drawing on Brighenti’s (2010, 2014) theoretical exposition of territorology, we extend current conceptualisations of place within the marketing literature by demonstrating that place is relationally constructed through territorialising consumption practices which continuously produce and sustain multifarious versions of place. In our fieldwork, we embrace a non-representational sensitivity and employ a multi-sensory ethnography, thus helping to illuminate the performative aspects of everyday life relating to people who use urban green spaces. Our analysis articulates three key facets relating to the process of territorialising consumption practices: (1) Tangible and intangible elements of boundary-making; (2) Synchronicity of activities; and (3) Sensual experiences. Taken together these facets advance a kaleidoscopic perspective in which spatial, temporal and affective dimensions of the micro-practices of consumption territories-in-the-making are brought into view. Moreover, our empirical research adds an affective dimension to Brighenti’s theoretical elucidation of the formation and dissolution of territories, thereby incorporating sensual imaginations and bodily experiences into the assemblages of heterogeneous materials that sustain territories
Forensic Entomology:an overview.
Insects are the most important, in terms of number and diversity, group of animals on the earth. Insects have colonized all the world’s environments and are associated with both human life and death. Although their economical and sanitary importance is well documented, in the past few years they have been used also in a forensic context. In forensic entomology, necrophagous insects have proved useful in; studying postmortem interval (PMI), postmortem transfer (the movement of a body from one location to another after death), presence of drugs or poisons, and in identifying the victim and/or the suspect. Many species can be used to estimate the minimum PMI (mPMI), according to the stage of cadaver decomposition, body exposure, geographical region, and season. The most important British flies of forensic interest are described
What do introduction sections tell us about the intent of scholarly work: A contribution on contributions
This paper presents empirical examination of the semantics of contribution claims in the introduction sections of journal articles, a significantly under-examined area of scholarly activity, which underpins the methodical act of communicating the value of research to an audience. The paper presents a systematic review of 538 papers in three leading industrial marketing journals, Industrial Marketing Management, the Journal of Business & Industrial Marketing and the Journal of Business-to-Business Marketing and uses a phased approach to categorize contribution claims made by authors in their introductions and abstracts. The paper identifies four main categories of contribution, defined as incremental, revelatory, replicatory and consolidatory, with sub-categorizations within them, and reports on the proportionality of these strategies in the sample while capturing the semantic games played by authors in pursuit of these claims. Specific findings are of interest to industrial marketers, but the conceptual framework and systematic methods presented in the paper are transferable to any discipline or body of work, and therefore have broader disciplinary appeal. Findings are also of interest to authors, reviewers and editors for coalescing fragmented understanding of contribution strategies into a coherent framework for action
Spirituality in nursing education: knowledge and practice gaps
Nursing philosophy is fundamentally based on an ethos of holistic care. However, spiritual aspects of care are often neglected. There are questions about how spirituality is currently approached and to what extent student nurses feel competent in assessing and delivering spiritual care in practice. A literature review (1993-2017) was performed, using a systematic approach. From the themes identified in the literature review, five major knowledge and practice gaps were noted in nurse education. These were: lack of ontological integration; lack in phenomenological understanding; lack of support and environmental constraints; curriculum structure and unprepared Faculty. Developing competency to deal with spiritual issues in nursing education is still a challenge. Issues of conceptual clarity and articulation around the ontological and phenomenological aspects of nursing must be addressed to prepare nurses to provide truly holistic care, including spiritual and existential issues. Adequate preparation, environmental support for both nursing educators and students, and explicit representation of spirituality in the nursing curriculum will facilitate this. An emphasis on the philosophical underpinnings of nursing care is needed to rebalance existing nursing education to embrace caring for spiritual needs as part of holistic care
Changing Operating Lists on the Day of Surgery - a Service Evaluation
This study aims to explore how often the operating list is changed on the day of surgery, and the reasons why this may occur. The purpose being to analyse the wider potential impact of changing the list on the day of surgery has on patient safety, patient satisfaction and theatre efficiency. Survey data was collected across a multi-specialty elective operating department. The findings demonstrated a significant (P <0.001) change in operating lists occurred in 37.3% of sessions with a variety of potentially avoidable reasons. We concluded that improved organisation and communication before the planned session could reduce the occurrence of changes, increasing patient safety, theatre efficiency and potentially reducing incidents