700 research outputs found
The effects of corporate governance on shareholder value creation during the internationalization of emerging market firms
No full textInternational investors' reactions to cross-border acquisitions by emerging market multinationals
No full textHow do international investors react to announcements of cross-border mergers and acquisitions (CM&As) by emerging market multinational enterprises (EMNEs)? Using a unique and manually-constructed firm-level dataset, this paper examines the stock price reactions to CM&A announcements made over the period 1991-2010 by Chinese MNEs listed on the Hong Kong Stock Exchange and the wealth impacts of their corporate governance. Our empirical findings confirm a positive stock price reaction on average, and suggest that international investors react positively to the presence of large shareholders, but negatively to the presence of institutional shareholders. There is a negative impact if the largest shareholder is either the State or the corporate founder. We suggest that this is because the international investors perceive potential principal-principal conflicts in such ownership/control constellations and discount equity prices accordingly. We also find that Board size and independence have positive effects on the price reaction, but that large supervisory boards engender negative reactions. © 2013 Elsevier Ltd
W ślady Boya : Julian Rogoziński, tłumacz Prousta
No full textNajsłynniejszy polski tłumacz literatury francuskiej Tadeusz Boy-Żeleński przełożył w latach 1936-1939 cykl powieściowy W poszukiwaniu straconego czasu. Niestety wybuch II wojny światowej uniemożliwił wydanie dwóch ostatnich części. Autor przekładu zginął rozstrzelany przez Niemców w 1941 roku, a rękopisy niewydanych tomów spłonęły w warszawskim mieszkaniu tłumacza podczas Powstania Warszawskiego. W niniejszym artykule autorka przybliża sylwetkę następcy Boya – Juliana Rogozińskiego, autora pierwszego opublikowanego przekładu Czasu odnalezionego, siódmego tomu najsłynniejszej powieści Marcela Prousta.Between 1936 and 1939, Poland’s most famous translator of French literature, Tadeusz Boy-Żeleński, translated Proust’s cycle of novels, Remembrance of Things Past. Alas, the outbreak of WWII prevented the publication of Boy’s translation of the last two volumes. In 1941 Boy was executed by the Nazis, and in 1944 his unpublished volumes were destroyed by fire during the Warsaw insurrection. In this paper, the author introduces Boy’s successor, Julian Rogoziński, author of the first published translation into Polish of Time Regained, the final volume of Proust’s novel
Research and Design of Urban Landscapes: The Delft Approach: Interview with Dr. Steffen Nijhuis, Delft University of Technology
No full textIn this essay, the Delft Approach refers to a particular landscape architecture approach to understand and design urban landscapes, which is developed in the Faculty of Architecture and Built Environment at Delft University of Technology (the Netherlands) since 1947 (Fig. 1-2). The Delft approach focusses on urban landscapes as a scale continuum, employs design research and research through design as important teaching and research strategies, and regards mapping and drawing as important tools for thinking. The typical Dutch geographic context and spatial planning traditions are the foundation for this approach. As head of research of Landscape Architecture in the Faculty of Architecture and Built Environment at Delft University of Technology (the Netherlands), Dr. Nijhuis has expertise in landscape-based urbanism, GIS applications and visual landscape research. He was invited to participate in the 2019 International Landscape Architecture Symposium held at Beijing Forestry University. Landscape Architecture Journal is honored to invite him to this inclusive interview to introduce the background and principles of this approach, and illustrate the application of this method with projects.Green Open Access added to TU Delft Institutional Repository 'You share, we take care!' - Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.Urban Desig
Revisión del estado del arte del tópico Energy Harvesting de baja potencia y su óptima aplicación en una boya de monitoreo para piscicultura
No full textSe dejo propuesto un sistema de alimentación implementable en el corto pazo para el prototipo de boya existente.Se hizo una revisión del estado del arte del tópico energy harvesting con el fin de identificar la mejor forma de alimentar una boya de monitoreo para piscicultura diseñada para flotar en estanques.Ingeniero ElectrónicoPregrad
Mapping Research Trends and Hotspots in the Link between Alzheimer’s Disease and Gut Microbes over the Past Decade: A Bibliometric Analysis
No full textAlzheimer’s disease (AD) is a globally prevalent neurodegenerative disorder, the underlying causes and mechanisms of which remain elusive. The emerging interest in the potential connection between gut microbes and AD prompted our study to investigate this field through bibliometric analysis. To examine research trends over the past decade, we collected relevant data using search terms associated with gut microbiota and AD from the Web of Science Core Collection. Our analysis involved various tools, including R (version 4.2.2), VOSviewer (version 1.6.18), CiteSpace software (version 6.2.R1), and an online bibliometric platform. Our findings identified a total of 1170 articles published between 2012 and 2022, indicating a consistent growth of research interest in this area. Notably, China significantly contributed with 40.7% (374) of the publications, signifying its prominent role in this field. Among the journals, the Journal of Alzheimer’s Disease published the highest number of articles (57; 4.9%). In terms of author influence, Wang Y, with an H-index of 13, emerged as the most influential author. Additionally, Shanghai Jiaotong University was the most productive institution, accounting for 66 articles (5.6%). Through keyword analysis, we grouped high-frequency keywords into six clusters: gut microbiota, AD, neuroinflammation, gut-brain axis, oxidative stress, and chain fatty acids. Chain fatty acids, oxidative stress, and the gut-brain axis emerged as dominant research topics in the past five years. Recent studies have specifically focused on “nlrp3 inflammasome” and “clearance” (2020–2022), indicating shifting research interests within this field. This bibliometric analysis aims to provide insights into the evolving landscape of research on the gut microbiota and AD. Our results identify key research trends and themes while highlighting potential research gaps. The findings offer valuable perspectives for future investigations, advancing our understanding of AD and exploring potential therapeutic strategies
Identification of oxidative products of pterostilbene and 3'-hydroxypterostilbene in vitro and evaluation of anti-inflammatory and anti-cancer cell proliferative activity
No full textPterostilbene (trans-3,5-dimethoxy-4ʹ-hydroxystilbene) is an important phenolic compound which is reported as a potential anti-oxidative, anti-inflammatory, and anti-cancer agent. It is a natural compound and belongs to the group of phytoalexins, agents produced by plants to fight infections like chemicals and fungal. In nature, pterostilbene can be oxidized by peroxidase from fungus, and peroxidase also exists in human body. So it may undergo oxidative process in human as well. 3ʹ-hydroxypterostilbene is another natural phenolic compound and also is a metabolite of pterostilbene identified in mouse. The two adjacent hydroxyl groups in its molecule indicate that it may have a stronger bioactivity than pterostilbene. To understand the possible oxidative reaction and major products in metabolic process, this research use peroxidase and phosphate-citrate buffer to simulate the peroxidation of pterostilbene and 3ʹ-hydroxypterostilbene in vitro. The major oxidative products were identified as pterostilbene trans dehydrodimer and 3ʹ-hydroxypterostilbene trans dehydrodimer by LC/MS and NMR. The anti-inflammatory and anti-cancer cell proliferative activity of three compounds, pterostilbene, 3ʹ-hydroxypterostilbene, and pterostilbene trans dehydrodimer, was evaluated in this research. In anti-inflammatory evaluation, Griess assay was used to measure the nitric oxide production in RAW264.7 cells which were treated with the three compounds at different concentration. In anti-cancer cell proliferative study, MTT assay was used to measure the cell viability of two cancer cell lines: drug-sensitive HL-60 leukemia cell line and drug-resistant MDA-MB231 breast cancer cell line. According to our data, 3ʹ-hydroxypterostilbene had a significant anti-inflammatory and anti-cancer cell proliferative activity.M.S.Includes bibliographical referencesby Boya Li
Evolutionary Analysis of Prefabrication Implementation in Construction Projects under Low-Carbon Policies
No full textIn the context of carbon peak and carbon neutral policies, low-carbon construction has been the focus of most countries worldwide. As one of the most effective ways to achieve green construction, many countries have launched low-carbon policies to promote the development of prefabrication. However, the effectiveness and influencing factors of low-carbon policies on prefabrication need to be further verified under the dynamic game between the government and the construction enterprise. Therefore, this study considered subsidy and carbon tax policies and developed an evolutionary game model to promote the development of the prefabricated construction market. The evolutionary stable strategy of the government and construction enterprise under different scenarios was obtained. Subsequently, a numerical analysis was conducted to further investigate the impact of the key factors on the stable strategy. The results showed that an appropriate hybrid policy of subsidies and taxes could positively promote the prefabrication implementation of the construction enterprise. The government should adopt an appropriate policy intensity according to the maturity of the market. This study can provide effective guidance and practical enlightenment for the government to achieve low-carbon, green, and sustainable construction
Concurrent validity of the MacArthur communicative development inventory, the Ages and Stages Questionnaires and the Bayley Scales of Infant and Toddler Development: A study in rural China
No full textWe aimed to evaluate the validity of the Ages and Stages Questionnaires Edition 3 (ASQ-3) and the MacArthur communicative development inventory (CDI) as a screening measure for children at risk of language development delay in western rural China, by comparing them to the Bayley Scales of Infant and Toddler Development (BSID-III). We administered the BSID-III on 1,079 children (aged 8–24 months) and administered the ASQ-3 and the CDI to their caregivers. We found a significant, low-to-moderate correlation between the three scales. Further, correlation strength increased with age of the child and was stronger when the mother was the primary caregiver. We also found that the sensitivity and specificity of the ASQ-3 ranged widely. The overall findings suggest that the ASQ-3 and the CDI may not be very accurate screening tools for identifying language development delays in children, especially those under 17 months or whose primary caregiver is not their mother. Highlights: We evaluated the accuracy of language sections of three scales (CDI, ASQ-3 and BSID-III) for rural children in western China. Multiple methods were utilized and showed a significant, low-to-moderate correlation between the three scales. Our findings revealed that both ASQ-3 and CDI are not accurate screening tools for identifying language development delays in children.1
Research on the Corporate Bond Risk Factors
No full text2nd International Conference on Finance, Investment and Business Analysis (FIBA 2023)The global bond market is greater than the global equity market meanwhile it grows gradually in recent years. Issuing corporate bonds is an ideal channel for enterprises to raise funds in the course of COVID-19 and also provides resilience in the market. Moody's, Standard & Poor's and Fitch are well-known global credit rating agencies and suggest investors purchasing investment-grade bonds for reasonable risks and returns. But local credit rating agencies have limited capacities to appraise local bonds. In the COVID-19 crisis, widen yield spreads represent likelihood of default which can be a measure of credit risk. Besides, government interventions (i.e., Quantitative Easing Program) can effectively eliminate credit risks and Confucian culture is a factor in assessing credit risks of corporate bonds. As for liquidity risk, Chinese bond market is less liquid than the US bond market and financial bonds are the most liquid in the Chinese market. The liquidity risk is caused by inaccurate information and market risk tolerance whereas market risk tolerance integrates credit and liquidity, the main measurement of liquidity risk is transaction cost which means that higher transaction cost can impede liquidity in the bond market. Finally, market risk comprises of COVID-19 pandemic, market design and biodiversity risk. The epidemic tightens the financial condition of developing countries and depreciates the currency of the bond market which raises term structure of interest rate up. A well-designed financial market system can help stabilize fluctuations during financial crisis. Besides, biodiversity risk is relevant to the operation apartment of companies
- …
