30,547 research outputs found
Golden Parachutes, Incentives, and the Cost of Debt
Get PDFWe examine the relation between the presence of golden parachutes and the cost of debt financing. We hypothesize that since golden parachutes compensate CEOs in the event of termination, CEOs with golden parachutes will have an incentive to increase firm risk and decrease effort, and this will lead to a higher cost of debt. Consistent with these hypotheses, we document a significant positive relation between the use of golden parachutes and the cost of debt. We confirm these results with a natural experiment using a difference-in-difference specification based on a 2004 change in IRS tax regulations. Moreover, we find that the adoption of a golden parachute is associated with an increase in firm risk, a higher likelihood of CEO turnover, and a lower operating performance. Overall, the evidence suggests that golden parachutes are primarily negative for the firm and for debt holders in particular.Golden parachutes, cost of debt, takeover probability, firm risk, CEO turnover
Marita Golden, 20th Annual ODU Literary Festival
No full textMarita Golden, is the author of the autobiography Migrations of the Heart and the novels A Woman’s Place, Long Distance Life, and And Do Remember Me. She is the editor of the anthology Skin Deep, a collection of fiction and non-fiction on the subject of race by black and white women writers. Her most recent book is Saving Our Sons: Raising Black Children in a Turbulent World. Ms. Golden holds the position of Senior Writer in the M.F.A. Graduate Writing Program at Virginia Commonwealth University in Richmond, Virginia. Her writing has been widely anthologized and is used in college courses around the country. She is also founder of the Zora Neale Hurston/Richard Wright Award for emerging African-American writers of fiction
Taxes on severance pay, corporate governance and golden handshakes
Get PDFThis paper puts forward an explanation of the rapid increase in golden handshake provision in Europe over the last ten years, based on both enhanced investor protection and attractive tax codes for severance pay. This article takes up a framework in which asymmetric information about the quality of the match between CEO and firm explains the use of golden handshakes for CEOs. It shows how corporate governance and taxation can modify the magnitude and the use of golden handshakes and thus CEO turnover rates. The second-best optimal taxation rate depends on the kind of private benefits accorded to the CEO. I show that golden handshakes should be taxed in the same way as CEO incomes. However, nonpecuniary private benefits strengten the agency cost and require some transfers for firms providing parachute-type contracts. In effect, this means partial exemption. An improvement in the quality of corporate governance should lead to smaller golden handshakes, higher turnover-performance sensitivity and the disappearance of advantageous tax codes for termination pay.CEOs turnover ; corporate governance ; golden handshakes ; optimal taxation ; severance pay.
Modeling effects of urban heat island mitigation strategies on heat-related morbidity: a case study for Phoenix, Arizona, USA
No full textabstract: This established model is applied here to show the relative effects of four common mitigation strategies: increasing the overall (1) emissivity, (2) percentage of vegetated area, (3) thermal conductivity, and (4) albedo of the urban environment in a series of percentage increases by 5, 10, 15, and 20% from baseline values.Corresponding Author:
Jay S. Golden
Arizona State University
[email protected]
Data collection for the identified patients occurred only once with the pre- or post-intervention data collection. Secondary data collection would only occur if the patient were to undergo a code status change again with another procedure during the same hospital stay while admitted to the identified units.
No full textDiscordant CPR continues to occur in hospitals across the U.S leading to undesirable patient health outcomes, patient dissatisfaction, and related legal and malfeasance difficulties. In hospitals where discordant CPR occurs, a gap in code status order versus action was identified. Many hospitals choose to invoke a Full code status prior to patients undergoing procedure or surgery in contrast to the patient’s elected code status of MDNR or DNR. After procedure, the code status is not returned to the original order and discordant CPR can occur. An intervention was introduced using a smartphrase in the EMR. The intervention alerted providers to evaluate the code status order and return to the original order when appropriate. An increase in return to original code status order post- procedure was achieved. No discordant CPR events occurred for those patients whose code status order was not returned to the original
Golden sections of inter-atomic distances as exact ionic radii of atoms
Get PDFThe Golden ratio which appears in the geometry of a variety of creations in Nature is found to arise right in the Bohr radius of the hydrogen atom due to the opposite charges of the electron and proton. The bond length of the hydrogen molecule is the diagonal of a square on the Bohr radius and hence also has two Golden sections, which form the cationic and anionic radii of hydrogen. It is shown here that these radii account quantitatively for the bond lengths of many hydrides when added to the atomic and Golden ratio based ionic radii of many other atoms
Golden Proportion in Computational Analysis: Reflecting the Universal Beauty
No full textAbstract: Numerous mathematics concepts or figures in human history had significantly improved in reputation as a result of their obscure meanings. Golden proportions and other associated ideas, including the golden ratio, are one of the concepts that had received an extraordinary breakthrough in terms of their recognition received by humans, due to the spiritual characteristics of golden proportions’ physical existence. Under the general umbrella of golden proportions encloses concepts such as the golden ratio, Golden geometric shapes, golden angle, and the Fibonacci sequence. Often referred to as the golden section, divine proportion, golden ratio or golden mean in Mathematics, is known as an irrational number, equivalent to 1.618, represented by phi (Φ), a Greek symbol. Golden ratio is found across all of nature, such as animals, plants, weather, solar systems, and even in the universe. The application of the Fibonacci sequence can be witnessed in various fields, which including architecture, design, medical, environment and science. Continuous of this, the golden ratio was applied in various computer science applications, such as the development and analysis of, data structures, and algorithms and solving mathematical problems. It is mainly involved in data compression, sorting algorithm, generating random numbers, and connecting points on a computer display. This review is discussed the golden ratio in nature and its applications in the area of computer science and mathematics.
Keywords: Natural beauty, Fibonacci sequence, golden ratio, Mathematics.
Title: Golden Proportion in Computational Analysis: Reflecting the Universal Beauty
Author: Nagomi Gopinath
International Journal of Novel Research in Computer Science and Software Engineering
ISSN 2394-7314
Vol. 10, Issue 2, May 2023 - August 2023
Page No: 34-43
Novelty Journals
Website: www.noveltyjournals.com
Published Date: 17-July-2023
DOI: https://doi.org/10.5281/zenodo.8155033
Paper Download Link (Source)
https://www.noveltyjournals.com/upload/paper/Golden%20Proportion%20in%20Computational-17072023-4.pdfInternational Journal of Novel Research in Computer Science and Software Engineering, ISSN 2394-7314, Novelty Journals, Website: www.noveltyjournals.co
Cleanthes, Chrysippus and the Pythagorean Golden Verses
No full textCITATION: Thom, J. C. 2001. Cleanthes, Chrysippus and the Pythagorean Golden Verses. Acta Classica, 44(1).This article re-examines the literary relationship between the Stoics Cleanthes and Chrysippus and the Pythagorean Golden Verses. Contrary to scholarly consensus, I shall argue that the two Stoics show literary dependence on the Pythagorean poem, and not vice versa. Previous scholars have dated the Golden Verses sometime in the Imperial period and they consequently either argue for direct dependence of the Golden Verses on the Stoic authors, or for a shared dependence on a hypothetical third text. If one examines the literary relationships between the various texts critically, while bracketing the chronological problem, it becomes evident that the far more traditional Pythagorean poem must have been used by the more sophisticated Stoic authors, instead of the author of the former having simplified his Stoic sources. This conclusion has important implications for the value of the Golden Verses within the Pythagorean tradition.Publisher's versio
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Retraction: Site‐specific recombination of nitrogen‐fixation genes in cyanobacteria by XisF–XisH–XisI complex: Structures and models, William C. Hwang, James W. Golden, Jaime Pascual, Dong Xu, Anton Cheltsov, Adam Godzik
Get PDFThe above article from the Proteins: Structure, Function, and Bioinformatics, published online on 1 September 2014 in Wiley Online Library as Accepted Article (http://onlinelibrary.wiley.com/doi/10.1002/prot.24679/full), has been retracted by agreement between William C. Hwang, James W. Golden, Jaime Pascual, Dong Xu, Anton Cheltsov, Adam Godzik, the Editor‐in‐Chief, Bertrand E. Garcia‐Moreno, and Wiley Periodicals, Inc. The retraction has been agreed because submission was made without agreement from co‐author Adam Godzik
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