118 research outputs found
Note critiche inedite di Pieter Burman il Vecchio alle "Declamationes maiores" e ad altre opere latine
No full textCon il presente lavoro si propone l’editio princeps del manoscritto Periz. F. 4 A (Biblioteca Universitaria di Leida, ca. 1698-1715) contenente annotazioni critiche anonime a varie opere latine. Nell’introduzione si dimostra l’ipotesi di M. Winterbottom, secondo cui le annotazioni di prima mano (alle Declamationes maiores dello Pseudo-Quintiliano, alle Declamationes minores e al Dialogus de oratoribus di Tacito) sarebbero appunti di P. Burman il Vecchio destinati in dono a J. Perizonio, sebbe trascritti in bella copia da un segretario. Si dimostra, inoltre, che la seconda mano (annotazioni a Cornelio Nepote, Firmico Materno, Ovidio, Manilio) appartiene allo stesso Burman
Determinants of business angels investments: an empirical analysis of the italian informal venture capital market product=determinants-of-business-angels-investments-an-empirical-analysis-of-the-italian-informal-venture-capital-market
No full textThe aim of this study is to analyze the returns of business angels’ investments and their determinants. In this research the author wants to investigate the relationship existing between the performance of business angels investments and a series of explanatory variables widely used in the literature dealing with formal venture capital investments. Thanks to the data provided by surveyed business angels about their exits, it has been possible to build a dataset containing the details of about 90 disinvestments made in Italy during the 2007-2010 time period. This study shows that the most important features business angels look for when financing new firms is the management team, followed by the potential growth of the market. - See more at: http://dl4.globalstf.org/?wpsc-product=determinants-of-business-angels-investments-an-empirical-analysis-of-the-italian-informal-venture-capital-market#sthash.8tNaCe5V.dpu
What drives the returns of business angels’ investments? An empirical analysis of the Italian informal venture capital market
No full textThe aim of this study is to analyze the returns of business angels’ investments and their determinants. In this research the author wants to investigate the relationship existing between the performance of business angels’ investments and a series of explanatory variables widely used in the literature dealing with formal venture capital investments. Thanks to the data provided by surveyed business angels about their exits, it has been possible to build a dataset containing the details of about 90 disinvestments made in Italy during the 2007-2010 time periods. This study shows that the most important features business angels look for when financing new firms is the management team, followed by the potential growth of the market. Furthermore, the exit strategy and the industry financed have a significant impact on the IRR of angels’ investment
The EWMAST Control Charts with Estimated Limits: Properties and Recommendations.
No full textZhang extends the traditional EWMA control chart to the case of stationary processes, showing how the control limits can be analytically adjusted as a function of the process variance and autocorrelation. When parameters are unknown, the author also suggests how to estimate the control limits. Zhang's proposal is operationally simple and fully automatic. For this reason, it looks quite appealing from the practitioner's point of view. However, the impact of parameter estimation on the chart performance is not investigated. Since charts designed using estimated parameters can have an unsatisfactory behaviour, we study the impact of the estimation errors and give practical recommendations on the smallest sample size for which satisfactory accuracy is obtained
Musica humana
No full textLa musica di Federico Incardona è pensiero in suoni: la costruzione vi è sempre al servizio d'un discorso dialettico, denso e profondo, ma limpido e fluido
Operazioni straordinarie e tutela degli investitori: il caso della pressure to tender
No full textIl lavoro si propone di commentare la delibera CONSOB n. 17731 del 5 aprile 2011 con la quale è stato in più parti modificato il Regolamento Emittenti (Reg. n. 11971 del 14 maggio 1999) introducendo, fra le altre, disposizioni volte a contrastare la c.d. pressure to tender (o coazione a vendere).
Il fenomeno della pressure to tender si verifica quando i c.d. azionisti mar-ginali, ossia quegli oblati la cui adesione, singolarmente considerata, non è de-terminante per il successo dell’offerta, basano le proprie valutazioni in ordine alla convenienza di un’eventuale adesione non sull’effettiva convenienza del prezzo offerto ma sui propri timori sul deprezzamento dei titoli nell’ipotesi di successo dell’offerta medesima.
I problemi di coordinamento tra gli azionisti marginali nell’ambito della scelta circa l’adesione ad offerte pubbliche di acquisto c.d. coercitive sono da tempo oggetto di riflessione nell’esperienza giuridica statunitense, che ha ela-borato tutta una serie di correttivi volti ad assicurare che il trasferimento del controllo avvenga a seguito di una scelta non distorta da parte degli oblati.
L’articolo analizza i nuovi art. 39-bis e 40-bis del Regolamento Emittenti. In primo luogo si espone in maniera critica la scelta compiuta dalla CONSOB di limitare l’applicazione dei rimedi proposti alle sole offerte promosse da sog-getti che detengano una partecipazione rilevante nella società target (c.d. “insi-ders”). Conseguentemente, si segnalano i possibili arbitraggi normativi che una tale scelta potrebbe comportare con la disciplina in materia di operazioni con parti correlate di cui al Regolamento CONSOB n. 17221/10. In un secondo momento si pone l’attenzione ai tre diversi correttivi alla pressure to tender previsti dalla nuova normativa regolamentare: a) la necessità, prevista dall’art. 39-bis, di un parere degli amministratori indipendenti “sull’offerta e la congrui-tà del corrispettivo”; b) una riapertura dei termini dell’offerta (c.d. “second round requirement”); c) l’esenzione dall’applicazione del rimedio sub b) qualo-ra l’offerente subordini l’efficacia della propria offerta all’approvazione da parte di una “maggioranza della minoranza” (c.d. “voting requirement”).
La parte finale dell’articolo pone a confronto i due diversi strumenti corret-tivi del second round requirement e del voting requirement, prendendo in con-siderazione anche le contigue discipline in tema di OPA preventiva parziale e OPA residuale ex artt. 107-108 T.U.F. oltre che in materia di fusione semplificata ex art. 2505-bis c.c., per poi esporre le ragioni di una preferenza per il se-condo dei due.The paper proposes a comment on the CONSOB resolution n. 17731 of April, 5, 2011, which modified the Stock Exchange Regulations for Listed Companies (Res. n. 11971 of May, 14, 1999, “Regolamento Emittenti”) by providing new remedies to the pressure to tender phenomenon.
The pressure to tender phenomenon happens when tender decisions of mar-ginal investors facing a takeover are not based on their own opinion on the of-fered acquisition price but on the fear that, if they do not tender, the bidder might still gain the control and their minority shares could consequentially be depreciated.
Marginal investors’ coordination problem in coercive tender offers has re-ceived much attention in United States, where Courts have designed many dif-ferent remedies aimed to assure an “undistorted choice”, when the bid succeeds only if the offered price is higher than the “independent target’s value”.
The paper analyses art. 39-bis and art. 40-bis of the Regolamento Emittenti. Firstly, the author cr
Testing the domain-general nature of monitoring in the spatial and verbal cognitive domains
No full textWhile it is well-established that monitoring the environment for the occurrence of relevant events represents a key executive function, it is still unclear whether such a function is mediated by domain-general or domain-specific mechanisms. We investigated this issue by combining event-related potentials (ERPs) with a behavioral paradigm in which monitoring processes (non-monitoring vs. monitoring) and cognitive domains (spatial vs. verbal) were orthogonally manipulated in the same group of participants. They had to categorize 3-dimensional visually presented words on the basis of either spatial or verbal rules. In monitoring blocks, they additionally had to check whether the word displayed a specific spatial configuration or whether it contained a certain consonant. The behavioral results showed slower responses for both spatial and verbal monitoring trials compared to non-monitoring trials. The ERP results revealed that monitoring did not interact with domain, thus suggesting the involvement of common underlying mechanisms. Specifically, monitoring acted on lower-level perceptual processes (as expressed by an enhanced visual N1 wave and a sustained posterior negativity for monitoring trials) and on higher-level cognitive processes (involving larger positive modulations by monitoring trials over frontal and parietal scalp regions). The source reconstruction analysis of the ERP data confirmed that monitoring was associated with increased activity in visual areas and in right prefrontal and parietal regions (i.e., superior and inferior frontal gyri and posterior parietal cortex), which previous studies have linked to spatial and temporal monitoring. Our findings extend this research by supporting the domain-general nature of monitoring in the spatial and verbal domains
"Through Humility the Path to Godliness Ascends on High": St. Augustine's Challenge to Modern Thought on Humility and Greatness
No full textDegree awarded: Ph.D. Systematic Theology. The Catholic University of America"Through Humility the Path to Godliness Ascends on High": St. Augustine's Challenge to Modern thought on Humility and GreatnessJoseph John McInerney, Ph.D.Director: Joseph E. Capizzi, Ph.D. "Everyone who exalts himself will be humbled, and he who humbles himself will be exalted" (Lk 14:11). Few thinkers in the Christian tradition place greater emphasis on this Gospel principle than Augustine of Hippo. Augustine asserts that humility is the key to one's salvation and is the foundation of a person's greatness. Humility plays no such role, however, in the thought of classical or modern philosophers. The moral theories of Aristotle, Plotinus, Hume, and Nietzsche espouse little relation between humility and moral excellence or propose a view of that relationship in which humility is opposed to greatness. The purpose of this study is to detail the moral principles various thinkers use to approach the ideas of humility and greatness, thus demonstrating the manner in which each author comes to a particular conclusion regarding the relationship between the two principles. The focus of the study will be upon Augustine's conception of humility and greatness, as his understanding is unique in the positive value it attributes to humility in its relation to human excellence. Following an introductory chapter, the second section of the study describes classical conceptions of humility and greatness, investigating the views of Aristotle, the Stoic school of thought, Cicero, and Plotinus. The following three sections are devoted to the principles in which Augustine grounds his view of humility and greatness and a description of the relationship itself. Section three examines the scriptural and philosophical presuppositions that form Augustine's view of the relationship. The fourth section investigates the relation of humility to Augustine's understanding of morality. Section five details Augustine's explicit presentation of the relationship between humility and greatness. Following the description of Augustine's thought the sixth section examines the presentation of humility and greatness in the works of David Hume and Friedrich Nietzsche. The seventh and final section provides a concluding analysis on the basis of Alasdair MacIntyre's methodology for comparing rival theories of moral enquiry. The study concludes that Augustine's position regarding the importance of humility to human greatness provides significant resources to the understanding of greatness lacking in authors who neglect or repudiate that importance.Made available in DSpace on 2012-11-01T17:08:16Z (GMT). No. of bitstreams: 1
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