... which are seen as a form of market imperfection. Themainstream theoryof the firm evolved under the paradigm of the agency theory and the transaction costs theory as a theoryof economic organizationrather ... amendment of the existing theoryof financial intermediation.The structure of this paper is as follows. First, we introduce the foundations of the modern literature of financial intermediation theory. ... an Amended Theory 39 activity. However, this is not the focus of that theory. The theoryof the firmis preoccupied with the functioning of the corporate enterprise in the context of market structures...
... efficiently, the reputationalcapital of an agent must equal the present value of the stream of future profits, or franchise value, of her business.The concept of reputational capital is meaningful ... determined on the basis of the riskstructure of their portfolios. Of course, using capital ratios as a supervisory device for monitoringand enforcing appropriate risk management requires that ... interaction effects between assets in the same portfolio: if the asset pricesshow negative correlations, the capital necessary to back the overall portfolio exposure againstthe risk of counterparty default...
... elaboration of thefield of strategic design management. AUTHOR CONTACT DETAILSAnne Beim: Associate Professor, Centre of IndustrialisedArchitecture, Royal Danish Academy of Fine Arts, School of Architecture, ... understanding of design management and of the skills that effective design managers shouldpossess. The currently poor understanding of the role of design managers within different contexts (e.g.design office, ... of latedesign changes. According to the interviewees, theseproblems emerged mainly as a result of: the unusualcomplexity of the project; deficient selection of localdesign offices; lack of...
... domain, X(f )issimplyacopyofthespectrum˜X(f) shifted to a center frequency of f =+fcand a mirror copy of ˜X(f)shiftedto a center frequency of f = −fc.The operation of modulation can be defined ... coherence if the magnitude of the carrier wave does notchange over a spatial displacement of the receiver. Once again, we express the condition of spatial coherence in terms of the static narrowband ... The theory is applicable to any type of wireless data transmission, regardless of bandwidth, carrier frequency, or environment of operation.The final chapters of the dissertation deal with applied...
... behavior of the number of multiplications is also quadratic.Convolution algebras are derived from algebras of polynomials. Given a polynomial P (u) of degree D, one can define an algebra of dimension ... IntroductionComplexity theoryof computation attempts to determine how “inherently” difficult are certaintasks. For example, how inherently complex is the task of computing an inner product of twovectors of length ... original proof); the reference I like best is Adrian Albert’s book [1]. Thetheorem asserts that the tensor product of fields is isomorphic to a direct sum of fields, and theproof of the theorem...
... number of collisions per particle (a measure of time), given byτ ≡t0T1/2(t)dt.The use of this measure of time renders the equations of motion linear.The three eigenvalues of this ... of the linearised Boltzmann equation, at each order in theexpansion. Since the solution of equations of the type of Eq. (12.22) is determinedup to the addition of an arbitrary combination of ... shearedsystem is of a much higher granular temperature than that expected on the basis of steady-state solutions of the corresponding hydrodynamic equations. In this case the 208 Theoryof rapid granular...
... An overview of the clinical managementof spasticity 3is worth undertaking simply to be sure of alleviat-ing at least the neural component of the hypertonia.Thereis often a gratifying ... overview of the clinical managementof spasticity 7treatment such as heat and advice on the use of hydrotherapy as well as the prescription of splintsand casts. At this point the input of an orthotist ... of the positiveeffects of the UMN syndrome but at the same timemake some of the negative effects worse. The pur-poses and goals of medication need to be care-fully annotated and the use of...
... basicprocesses of project portfolio management: initiative reviews, projectaudits, and ongoing portfolio valuation.IT PPM is in the unique position of being able to support the proj-ects in their portfolio ... version of resource balancing called AARK management. AARK management splits the classic definition of resources into four subcategories of resources that are each valuable to the success of any ... Architecture 1396 AssetManagement 1416.1 Inventories 1426.1.1 Static Inventories 1436.1.2 Dynamic Inventories 1436.2 Enterprise AssetManagement 1466.2.1 Financial AssetManagement 1496.2.2...
... into a theoryof inventive problem solving which he named TRIZ.3.0 TRIZ: The Theoryof Inventive Problem SolvingThere are a number of laws in the theoryof TRIZ. One of them is the Law of Increasing ... Xerox Corporation 7.0 TRIZ SoftwareBecause TRIZ is built on a database of hundreds of thousands of patents, principles, operators, contradictions, etc. use of software helps engineers with ... nonmoving object 3. Length of moving object 4. Length of nonmoving object 5. Area of moving object 6. Area of nonmoving object 7. Volume of moving object 8. Volume of nonmoving object 9. Speed...
... EFFICIENCY OF CAPITAL 12. THE STATE OF LONG-TERM EXPECTATION 13. THE GENERAL THEORYOF THE RATE OF INTEREST 14. THE CLASSICAL THEORYOF THE RATE OF INTEREST o APPENDIX ON THE RATE OF INTEREST ... advantages of private and national thrift, the traditional attitude towards the rate of interest, the classical theoryof unemployment, the quantity theoryof money, the unqualified advantages of laissez-faire ... and of the trade cycle. Another feature, especially characteristic of this book, is the theoryof the rate of interest. In recent times it has been held by many economists that the rate of current...
... for More Professional Speaking and Writing Tips and tricks gleaned from UGA’s Foundations of Leadership and Management Program Presenting Before a Group Strive for a quality of naturalness ... presentation an extension of yourself. Never try to be someone you’re not. Analyze aspects of your personality that appeal to others. Practice speaking to a professional group as though ... That’s all! Now don’t you feel smarter? Business Skills Quiz 16. Which of the following is not a poor professional use of email? a. It is okay to reprimand someone by email. b. You can send...
... providers to reap the fullbenefits of fiber and operate a highly profitable network.Fundamentals of Fiber Cable Management 8/05 ã 10273 Fundamentals of Fiber Cable Management 13www.adc.com ã +1-952-938-8080 ... protected from physical damage.Fundamentals of Fiber Cable Management The Four Elements of Fiber Cable Management All four elements of fiber cable management come together in the fiber distribution ... couplers Fundamentals of Fiber Cable Management WHITE PAPER 8/05 ã 10273 Fundamentals of Fiber Cable Management 23www.adc.com ã +1-952-938-8080 • 1-800-366-3891The focus of the purchasing decision...