864 research outputs found
Theoretical studies of the historical development of the accounting discipline: a review and evidence
No full textMany existing studies of the development of accounting thought have either been atheoretical or have adopted Kuhn's model of scientific growth. The limitations of this 35-year-old model are discussed. Four different general neo-Kuhnian models of scholarly knowledge development are reviewed and compared with reference to an analytical matrix. The models are found to be mutually consistent, with each focusing on a different aspect of development. A composite model is proposed. Based on a hand-crafted database, author co-citation analysis is used to map empirically the entire literature structure of the accounting discipline during two consecutive time periods, 1972–81 and 1982–90. The changing structure of the accounting literature is interpreted using the proposed composite model of scholarly knowledge development
Measuring the gains from international portfolio diversification
No full textStock market ; Capital assets pricing model
Aspects of the fantastic grotesque in the works of V. Mayakovsky, M. Bulgakov and E. Schwartz
No full textThe grotesque in Soviet literature ls a field of study whlch has been neglected both in the Soviet Union and the West. In the Soviet Union interest in the grotesque reached a high point in the formalist criticism of the twenties, since the grotesque is one of the most clearly expressed devices of defamiliarisation. After a long period of taboo a revival takes place in the sixties. An attempt has been made in thls thesis to define the grotesque and to apply this definition to the works of V. Mayakovaky, M. Bulgakoy and E. Schwartz. We are primarily concerned with the structural features of their grotesque and the relationshlp of these to comedy and tragedy. While very similar in its structure and its use of comedy devices, the grotesque of all three writers differs substantially in its nature. We have attempted to establish the reasons for the differences and to define the function of their grotesque
Some remarks on the colour patterns of east African freshwater crabs
No full textVery few accounts of African potamonids refer to natural colouration, and the author cannot recall any describing colour patterns. The generally undistinguished appearance of these crabs is well illustrated by Rathbun (1921) on the Congo Brachyura which includes collector's notes on a number of potamonid species. This article is based on remarks extracted from a communication sent to Dr. C. H. Fernando in connection with the article "Colour patterns in Ceylonese freshwater crabs (Patomonidae)", Bulletin of the Fisheries Research Station, Ceylon, v. 21.1(1970), pp. 1-4
Some remarks on the colour patterns of east African freshwater crabs
No full textVery few accounts of African potamonids refer to natural colouration, and the author cannot recall any describing colour patterns. The generally undistinguished appearance of these crabs is well illustrated by Rathbun (1921) on the Congo Brachyura which includes collector's notes on a number of potamonid species. This article is based on remarks extracted from a communication sent to Dr. C. H. Fernando in connection with the article "Colour patterns in Ceylonese freshwater crabs (Patomonidae)", Bulletin of the Fisheries Research Station, Ceylon, v. 21.1(1970), pp. 1-4.Department of Fisheries, Fisheries Research Station, Ceylon now incorporated in: National Aquatic Resources Research and Development Agency, Sri Lank
The AM Canum Venaticorum binary SDSS J173047.59+554518.5
No full textThe AM Canum Venaticorum (AM CVn) binaries are a rare group of hydrogen-deficient, ultrashort period, mass-transferring white dwarf binaries and are possible progenitors of Type Ia supernovae. We present time-resolved spectroscopy of the recently discovered AM CVn binary SDSS J173047.59+554518.5. The average spectrum shows strong double-peaked helium emission lines, as well as a variety of metal lines, including neon; this is the second detection of neon in an AM CVn binary, after the much brighter system GP Com. We detect no calcium in the accretion disc, a puzzling feature that has been noted in many of the longer period AM CVn binaries. We measure an orbital period, from the radial velocities of the emission lines, of 35.2 ± 0.2 min, confirming the ultracompact binary nature of the system. The emission lines seen in SDSS J1730 are very narrow, although double-peaked, implying a low-inclination, face-on accretion disc; using the measured velocities of the line peaks, we estimate i ≤ 11°. This low inclination makes SDSS J1730 an excellent system for the identification of emission lines
Retirement 20/20: Innovation in Pension Design
No full textToday, both the United States and Canada are experiencing a decline in Single-Employer Sponsored Defined Benefit (DB) Pension plans. In some instances, they are being replaced by Defined Contribution (DC) or Individual Account [e.g., 401(k)] plans; in other cases, by nothing. It appears that traditional sponsors of DB plans have concluded that their cost (or its variability) is larger than the rewards (e.g., a loyal work force). At the same time, two stock market meltdowns in less than a decade have indicated to all the frailties of Individual Account DC systems. What we need is a new pension system that brings most of the advantages of the DB and DC plans to the participants, while minimizing their disadvantages. We must also recognize the skill set of the participants (e.g., do not expect a blue collar worker to be an investment professional) and not anticipate or require anomalous markets (e.g., ever-stronger equity returns). Size matters. Larger plans can run at lower per unit expense ratios, and can also achieve entry into a wide variety of investment products (e.g., private placements) not available to a small plan. Larger funds also benefit from risk sharing through “Law of Large Numbers”. The model proposed is a “Jointly Governed Target Benefit Pension plan”. Such plans would have many features in common with today’s Ontario Multi-Employer Pension Plans (MEPPs), the Canada/Quebec Pension Plans (C/QPP), TIAA-CREF in the United States and the Dutch national plan. For the plan sponsor, this is a DC plan. Inherent in the concept are that smaller plans (and even individual plans) could commingle their assets to achieve “size” (e.g. a minimum investment portfolio of $10B). Investment management would be at arm’s length from the plan itself.Target Benefit, Joint Governance, Commingled Assets
The Private Cost of Long-Term Care in Canada: Where You Live Matters
No full textCanadians expect the same access to health care whether they are rich or poor, and wherever they live, often without direct charge at the point of service. However, we find that the private cost of long-term care differs greatly across the country, and within provinces, we find substantial variation, depending on income level, marital status, and, in Quebec alone, on assets owned. A non-married person with average income would pay more than twice as much in the Atlantic provinces as in Quebec, while a couple with one in care would pay almost four times as much in Newfoundland as in Alberta.long-term care, private cost
- …
