125,429 research outputs found

    How Does Law Affect Finance? An Empirical Examination of Tunneling in an Emerging Market

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    This paper documents that law affects finance in emerging markets through the methods used by controlling shareholders to “tunnel” wealth out of the firm. We find that Bulgarian securities law enabled financial tunneling via dilution and freeze-out tender offers. During the period 1999- 2001, about two-thirds of the 1,040 firms on the Bulgarian Stock Exchange were delisted. Freeze-out tender offers for minority shares averaged about 25% of the shares’ intrinsic value. Bulgarian securities law changes in 2002 made financial tunneling more costly for controlling shareholders. Subsequent increases in stock market valuations and liquidity suggest that controlling shareholders have shifted from financial tunneling to less value-destroying methods, such as transfer pricing, to extract wealth from firms.Tunneling, freeze-out, controlling shareholders, appraisal rights, preemptive rights

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Dispelling the Myths Behind First-author Citation Counts

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    We conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more sophisticated methods

    Replication package for: "Taste-Based Gender Favouritism in High Stakes Decisions: Evidence from The Price Is Right"

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    <p>Atanasov, P., Dana, J., & Klein Teeselink, B. (2023). <em>Own-gender favoritism in high stakes decisions: Taste-based discrimination on The Price Is Right. </em><strong>Economic Journal.</strong></p&gt

    A reflection on modelling and examination of paramagnetic molecules for magnetic storage and molecular spintronics

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    Paramagnetic molecules featuring preferred orientation of their magnetic moments (magnetic anisotropy, single-molecule magnets, SMMs) are quite promising candidates for use in electronic devices like data storage and quantum computers (q-bits). In 2013, the authors published two papers on FeIIX2 with pseudolinear cores (J. M. Zadrozny, M. Atanasov, A. M. Bryan, C.-Y. Lin, B. D. Rekken, P. P. Power, F. Neese, and J. R. Long, Chem. Sci., 2013, 4, 125–138, https://doi.org/10.1039/C2SC20801F and M. Atanasov, J. M. Zadrozny, J. R. Long and F. Neese, Chem. Sci., 2013,4, 139–156, https://doi.org/10.1039/C2SC21394J). Combining computational tools with ab initio ligand field theory, design principles have been formulated to afford predictions of SMM prior to their later synthesis. These efforts resulted in a linear CoIIC2 SMM with magnetic anisotropy, the maximum possible for a 3d complex

    Consumption of animal products in Bulgaria: The case for change

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    Animal. Products. in. Bulgaria: The. Case. for. Change. Septemvrina Kostova University for National and World Economy, Bulgaria Borislav Atanasov University for National and World Economy, Bulgaria Dora Marinova Curtin University, Australia ABSTRACT This chapter analyses the trends in production and consumption of animal-based food products, including meat, dairy, eggs and fish, in Bulgaria between 2010 and 2015. Against decreasing population, the production of livestock, ..

    Pragmatic Case Studies as a Source of Unity in Applied Psychology

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    To unify or not to unify applied psychology: that is the question. In this article we review pendulum swings in the historical efforts to answer this question—from a comprehensive, positivist, “top-down,” deductive yes between the 1930s and the early 60s, to a postmodern no since then. A rationale and proposal for a limited, “bottom-up,” inductive yes in applied psychology is then presented, employing a case-based paradigm that integrates both positivist and postmodern themes and components. This paradigm is labeled “pragmatic psychology” and, its specific use of case studies, the “Pragmatic Case Study Method” (“PCS Method”). We call for the creation of peer-reviewed journal-databases of pragmatic case studies as a foundational source of unifying applied knowledge in our discipline. As one example, the potential of the PCS Method for unifying different angles of theoretical regard is illustrated in an area of applied psychology, psychotherapy, via the case of Mrs. B. The article then turns to the broader historical and epistemological arguments for the unifying nature of the PCS Method in both applied and basic psychology.Peer reviewe

    Dr. Edwin Wright Collection: Author Unknown

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    Notes - The author relates several short stories about his neighbours including Alex McDonell, homesteading and life around Meanook and Athabasca (1 page
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