53 research outputs found
Rescue craft davit performance on an FPSO in heavy sea states & davit design proposal
No full textThe aim of this research is to increase the workability of a rescue craft launch and retrieval system on FPSOs in heavy sea states. Although a rescue craft’s purpose is to improve safety, multiple incidents recorded in the GISIS database have proven that the launch and recovery operation can be dangerous or even deadly. The problem research shows that the davit system is the main cause for incidents, which are related to design flaws, lack of maintenance and human errors, the three parameters for a successful launch. The opinion of the author is that a different type of launch and recovery system can lead to improvement of these three parameters and to an increased workability of the system. To compare a new design with the conventional design, a computational model of both designs is built in Matlab to simulate the launch of a rescue craft from an FPSO in various sea states. The conventional model shows dangerous accelerations in high sea states and the risk to collide with the hull of the FPSO. The concept design aims to reduce these motions and, in addition, provide a more redundant design with easy maintenance and focused on reducing human errors. After comparison, the concept design proves to reduce dangerous motions during launch and increase the workability in high sea states, while being very simplistic, robust and easy to operate. However, in the splash zone the concept model does not mitigate dangerous motions sufficiently. To further substantiate this conclusion, it is advised to further investigate the splash zone model and to develop a more detailed model of the concept design
MAIN CHARACTERISTIC OF DAVIT GURAMISHVILI MINDSET IN WORLDLITERATURE AND INTERCULTURAL CONTEXT
No full textDavit Guramishvili heritage and his mindset demands its discussion
in the context of interculturalism. At the same time, we have to
consider the attitude with the traditional cultural heritages and at
the other hand with the Christian literary heritage and tradition for
the reasonthat it is based on the roots of middle age Georgian literary
in horizontal and vertical view, also on the symbols and use its
fictional examples. It has link with the paradigm structure of Biblical
world. In the late middle ages after the renaissance, it was linked with the processes developed according cultural direction, literary
directions. All of this took place and were based on the Cristian religion.
We have to pay attention to the special connection with the
folklore in Davit Guramihvili’s poetry. Author to emphasize his emotions
uses folk tradition. It is the most important aspect to his poetry
that he was very close not only to the Georgian folk materials but
also was using Ukrainian materials. He was using the mindset system
from folklore motifs and formal variation. It is not unusual to find
the pastoral symbols for the reason that the author developed such
a lyrical poetry on the based of folklore and the Bible. Those symbols
were used in “Happy Summer” well known with another name
“Thorny Shepherd”. Mindset system of Davit Guramishvili contains
paradigms form the epoch. What about the renaissance, Davit Guramishvili’s
heritage has renaissance feeling only on the base of religion
and it is connected to the spiritual raising theory. In his poetry
we equally met old and new epoch.
Research history is very rich and especially in context of the Bible,
but still the main aspects remain as gap and needs consideration.
In parallel of literary design he was free and dedicated author
to the own ideas, spiritual and intellectual possibilitiesand fictional
fantasy and with his poetic experience was making special system
of mindset. In our research work we make the base of intercultural
and allegoric understading of Davit Guramishvili’s heritage interpretation
Dispersion in analysts' forecasts: does it make a difference?
Full text linkFinancial analysts are an important group of information intermediaries in the capital markets. Their reports, including both earnings forecasts and stock recommendations, are widely transmitted and have a significant impact on stock prices (Womack 1996; Lys and Sohn 1990, among others). Empirical accounting research frequently relies on analysts' forecasts to construct proxies for variables of interest. For example, the error in mean forecast is used as a proxy for earnings surprise (e.g., Brown et al.1987; Wiedman 1996; Bamber et al.1997). More recent papers provide evidence that the mean consensus forecast is used as a benchmark for evaluating firm performance. (Degeorge et al. 1999; Kasznik and McNichols 2002; Lopez and Rees 2002).
Another stream of research uses the forecast dispersion as a proxy for the uncertainty or the degree of consensus among analysts and focuses on the information properties of analysts (e.g., Daley et al. 1988; Ziebart 1990; Imhoff and Lobo 1992; Lang and Lundholm 1996; Barron and Stuerke 1998; Barron et al. 1998). In this paper I combine the two streams of research, and investigate how lack of consensus changes the information environment of analysts and whether the markets perceive this change. More specifically, I investigate the amount of private information in a divergent earnings estimate (i.e. one that is above or below the consensus), whether the markets react to it at either the time of the forecast release, at the realization of actual earnings, and whether Regulation Fair Disclosure has changed the information environment differently for high and low dispersion firms
One Pastoral Poem of Davit Guramishvili
Full text link“The Book Cheerful Summer” of Georgian Writer, which is created by the pastoral theme of Davit Guramishvili, which echoes The Russian Folklore. The poem is a small genre and carries bucolic-pastoral characteristics. The author of the poem echoes the revival period of European-Russian pastoral theme, in addition, he has a moral character – who is the shepherd boy- Katsvia, who is grown up with Christian values, denying the familiar and eccentric relationships. In The poem there are conflicts between two worlds - carnival Life and traditional values. The first of them is the shepherd girl, the second one is the shepherd boy – Katsvia. This poem is considered as a writer's testament is a didactic and moral. At the same time, the author refuses in his dominant epoch on “the three styles theory” and the folk, where he appeals the simple narrate, the verification is original, the narrate is interesting and it is featured by the lightness of folklore and feminine expressions
Epoch Reality in Davit Turdospireli's Brief Fictional Narrative
No full text Despite the strict canonical description for brief prose, Davit Turdospireli\u27s brief fictional narrative not only give us a glimpse into the spiritual world of the writer and share his subjective feelings, but also clearly present a number of contemporary epochal problems of the writer. Davit Turdospireli was involved in active social and political life from an early age, while still studying at the seminary, he edited the literary and journalistic magazine "Our flag" and the almanac "Pirveli Talva". Gendarmerie carefully followed the socio-political steps of the young writer. Davit Turdospireli\u27s miniature prose echoes in many ways the historical-political and cultural-social existence of Georgians at the beginning of the twentieth century. The historical and political events in the country pushed the writer to different ways of disguising what he had to say. In some cases, he tried to show the way to salvation for the country that had been disenfranchised, and in some cases, he created works with almost the same title and completely different content. The reason for the distress revealed in the miniature by covering it with "withered leaves" is undoubtedly caused by the contemporary presence of the writer. In the miniature dated 1916, "Love", seemingly a searcher of the philosophy of love, who has not heard anything about its annals since the beginning of the world, calls the reader to enjoy the charm of freedom and selfless struggle to break the shackles of slavery. The work on Davit Turdospireli\u27s autographs has revealed a number of nuances characteristic of the writer\u27s creative process. What is especially characteristic of his manuscripts, which are mostly black autographs and clearly show the writer\u27s creative work process, are signed and undated by the author. We think that the writer deliberately did not date his manuscripts. As we have already mentioned, despite the fact that he tried to convey his message to the readers by various means, the undated manuscripts was probably one of the ways to protect free thought. Davit Turdospireli\u27s miniatures, despite the persecution and harassment of free thought, interestingly reveal writer’s attitude to the historical and political existence of the country, at the same time, they also draw crystal paths for a better life of the country.დავით თურდოსპირელის მინიატურები, მიუხედავად მცირე პროზისთვის დამახასითებელი მკაცრი კანონიკისა, არა მხოლოდ მწერლის სულიერ სამყაროში გვახედებს და მისი სუბიექტური განცდების თანაზიარს გვხდის, არამედ მთელი რიგი სიცხადით წარმოაჩენს მწერლის თანადროულ ეპოქალურ პრობლემებს. დავით თურდოსპირელი ადრეული ასაკიდან ჩაერთო აქტიურ საზოგადოებრივ-პოლიტიკურ ცხოვრებაში, ჯერ კიდევ სემინარიაში სწავლის პერიოდში რედაქტორობდა ლიტერატურულ-პუბლიცისტურ ჟურნალს „ჩვენი დროშა“ და ალმანახს „პირველი ტალღა“. ჟანდარმერია ყურადღებით ადევნებდა თვალყურს ახალგაზრდა მწერლის საზოგადოებრივ-პოლიტიკურ ნაბიჯებს. დავით თურდოსპირელის მინიატურული პროზა მრავალმხრივ ეხმიანება მეოცე საუკუნის დასაწყისის ქართველთა ისტორიულ-პოლიტიკურ თუ კულტურულ-საზოგადოებრივ ყოფას. მწერალს ქვეყანაში განვითარებულმა ისტორიულ-პოლიტიკურმა მოვლენებმა სათქმელის შენიღბვის სხვადასხვა გზისკენ უბიძგა. რიგ შემთხვევაში თუ შეფარვით ცდილობდა უფლებააყრილი ქვეყნისთვის გზა ხსნისა ეჩვენებინა, რიგ შემთხვევაში კი თითქმის ერთი და იმავე სათაურით აბსოლუტურად განსხვავებული შინაარსის ნაწარმოებებს ქმნიდა. მინიატურაში „მჭკნარის ფოთლებთან“ შეფარვით განმჟღავნებული ურვის მიზეზი უთუოდ მწერლის თანადროული ყოფითაა გამოწვეული.1916 წლით დათარიღებულ მინიატურაში „სიყვარული“ ერთ შეხედვით სიყვარულის ფილოსოფიის მაძიებელი, ქვეყნიერების დასაბამიდან დღემდე მისი მატიანისა რომ ვერაფერი გაუგია რა, თავისუფლების ხიბლით ტკობისა და მონობის ბორკილების დასამასხვრევად თავგანწირული ბრძოლისიკენ მოუწოდებს მკითხველს.დავით თურდოსპირელის ავტოგრაფებზე მუშაობამ მწერლის შემოქმედებითი პროცესისთვის დამახასიათებელი არაერთი ნიუანსი გამოკვეთა. რაც განსაკუთრებით დამახასიათებელია მისი ხელნაწერებისთვის, რომლებიც ძირითადად შავი ავტოგრაფებია და ნათლად გვიჩვენებს მწერლის შემოქმედებითი მუშაობის პროცესს, ავტორის მიერ ხელმოწერილი და დაუთარიღებელია. ვფიქრობთ, მწერალი შეგნებულად არ ათარიღებდა თავის ხელნაწერებს. როგორც უკვე აღვნიშნეთ, მიუხედავად იმისა, რომ თავისი სათქმელის მკითხველამდე მიტანას სხვადასხვა საშუალებებით ცდილობდა, ხელნაწერების დაუთარიღებლობაც, ალბათ, ერთ-ერთი ხერხი იყო თავისუფალი აზრის დასაცავად.დავით თურდოსპირელის მინიატურები, მიუხედავად თავისუფალი აზრის დევნა-შევიწროებისა, საინტერესოდ ავლენს მწერლის დამოკიდებულებას თანადოულ ისტორიულ-პოლიტიკურ ყოფასთან, ამავდროულად ქვეყნის უკეთესი მერმისისთვის ბრძოლის გზებსაც სახავს
Walking the Talk? Jesuit Universities and Fossil Fuel Investments
Full text linkThe student-led fossil fuel divestment (FFD) movement urges universities to remove investments in fossil fuel firms from their endowment portfolios to inspire reductions in carbon emissions and help control climate change. This article explores the movement in U.S.-based Jesuit universities by documenting their endowment size, current divestment status, and rationale for or against divesting. These institutions held a total of US$13.8 billion in their endowments as of 2019, making their investment decisions relevant and material. The article in general examines the alignment of divestment actions with the commitments of Jesuit universities to environmental stewardship and social justice as expressed in their mission statements and Pope Francis’s encyclical Laudato Si’. Two out of the 27 Jesuit universities in the U.S., namely, Georgetown and Seattle University, were already committed to FFD by April 2020; after accounting for branch campuses, this represents a commitment of 13.3% among all U.S.-based Jesuit universities. This is appreciably higher than the 4.12% divestment rate among all private 4-year universities in the United States. Each of the 27 U.S.-based Jesuit universities was contacted to verify their endowment size, divestment status, and position on FFD. The 13 who responded stated their commitment to environmental protection and sustainability, and some reported their rationale for or against divesting. Results suggest that the investment strategies of Jesuit universities are a “work in progress,” and are likely to evolve as they align with their common Roman Catholic and Jesuit identity and mission. The reasons stated for deciding not to divest, moreover, are consistent with previous literature. A second article in this issue of the Journal of Management for Global Sustainability explores those reasons in detail and broadens the theme of divesting to encompass any organization
The role of corporate governance in meeting or beating analysts' forecast
No full textMeeting or beating analysts' forecasts is a topic of considerable interest in the academic and business communities. Some studies indicate a favorable market response when firms meet or beat analysts' earnings forecasts, but others suggest managers opportunistically manage earnings to achieve earnings targets. We investigate the relation between corporate governance mechanisms and meeting or exceeding analysts' expectations and find that attributes of corporate governance are related to the likelihood of consistently meeting or exceeding consensus forecasts. We extend current literature by showing that some attributes of strong corporate governance mechanisms lower agency costs associated with consistently meeting or beating analysts' expectations. We also find that compensation committees reward managers for consistently meeting or beating analysts' forecasts.
Character Drawing Techniques in Davit Kldiashvili’s Literary Works
Full text linkAll of David Kldiashvili’s characters are decorated with individual
features. The question arises: What makes same so individual? What is
the writer’s technique of drawing characters and what determines their
different literary image? Analysis of Kldiashvili’s short stories shows
that at first the author describes a character by author’s discussion and
then by their way of speech. Speech, phrases give him the peculiarity,
which other characters lack. The most famous story by Davit Kldiashvili
is Samanishvili’s Stepmother. Author starts the story by describing Bekina
Samanishvili: “Bekina Samanishvili, of course, was a poor noble, quite
poor even…” This is followed by the description of Bekina’s property and
his attitude towards his situation – “Bekina believed himself to be rich
and there was no man on earth who could make Bekina to admit his
poverty.” This attitude is by the author’s assessment, expressed in the
words of others: “As they say in Imereti region, Bekina was always “dressed
up.” (Kldiashvili 1988 : 94). Along with the author’s words, Kldiashvili’s
character is also well described by his own style of speech. About his
daughter-in-law
giving birth often, the old man smilingly says: “Woman,
in some cases, being good in something is not beneficiary, it is harmful
even…” While commenting to his son that his decision to marry will not harm the family, Bekina says: “My good man, why would it kill you if I bring
some old woman here?... How can you be afraid of an old woman, you,
poor man?! (Kldiashvili 1988 : 97). With these words Bekina neutralizes
his serious decision and makes the expected severity of this decision
for his son seem easier. When Bekina learns about his son’s intension
to choose the twice widowed, childless woman for his father, he asks a
humorous question: “If that cursed woman makes me to follow those two
previous, what will you do then? Ha? Ah, ah, ah!” When Platon borrows
peasant Pavlia Gomiashvili’s old horse to travel, Bekina ironically asks:
“Who did he get this stallion from, Melano, my dear?” and adds: “It might
fall down on the way, woman!” Irony and lightness characterizes Bekina’s
narrative. Even when the tragedy happens, Bekina does not refrain from
recognizing his mistake and attempts to neutralize the complexity of his
child’s situation: “I wish I would have died… Wish I would have been eaten
by the grave like Marika and never seen this day!” This phrase is full of
grief and completes the character’s image.
As an example, we have discussed Bekina’s literary image from
Kldiashvili’s works. In general, observation of his characters by Davit
Kldiashvili has shown to us that the writer repeats the given scheme
of describing characters almost everywhere – author’s description is
replaced by the character’s action, author’s assessment of that action and
character’s dialogue with other character, which even sharper reveals his
image – nature and mood
Analysts' Forecasts in 'Good-News' and 'Bad-News' Environments: Evidence of Economic Significance of the Differential Variance
No full text- …
