Digital Commons Network^™

Dunbar V. Google, United States District Court For The Northern District Of California

Historical and Topical Legal Documents

No abstract provided.

Bankers' Bonuses In The Management By Objectives (Mbo) System - Principles And Implementation. Restrictive Measures Within Systemic Risk Management, Rafał Płókarz

European Management Studies

The essay outlines a new approach towards bankers’ bonuses in the light of the recent EU and Polish regulations. There was a lot of abuse in bank management remunerations last years in financial markets. New regulations should challenge negative phenomenon but at the same time they also bear some risks and leave some questions unanswered. The author analyses an example of one of the largest Polish banks, which implemented the system of bonuses within the Management by Objectives (MbO) system. Drawing from a long financier’s experience the author empirically shows the imperfection of the MbO application, but not undermining the …

Factors Giving Rise To The Market Value Of The Electromechanical Industry Companies Listed On The Warsaw Stock Exchange, Michał Pachowski

European Management Studies

The aim of the article is to present connection between market value and chosen financial dates of polish companies listed on Warsaw Stock Exchange. This theoretical analysis has been supported by empirical study based on linear regression. This article is only part of a broader study which includes more than 104 quoted companies over the years 2000–2009.

The Economic Costs Of Economic Risk In The Financial Market, Renata Karkowska

European Management Studies

Review of the world literature on the nature of systemic risk indicates a large variation of the definition. One definition is as follows: systematic risk is the probability that the financial system will fall apart due to external actions, dysfunctions in the functioning of the systematically important financial institutions, or a loss of confidence among financial market participants, leading to the loss of market value of trust assets or their issuers of such a large scale in order to have a negative impact on the real side of the economy. This understanding of systemic risk diminishes public finances by: 1) …

The Rationality Of Individual Investors' Investment Decisions On The Polish Stock Market, Marcin Kalinowski, Grzegorz Krzykowski

European Management Studies

Commonly known financial theories presuppose the rational behavior of market participants. The following article pertains to the stock market and individual investors’ behavior on it. The aim of this work is to analyze individual investors’ behavior modes on the capital markets. The study is also aimed at evaluating the rationality of their behaviors. Additionally, the article strives to provide adequate answers to the following dilemmas: Do individual investors always take rational investment decisions on the stock market? Does the proportion of their participation on the market determine the type of investment decisions taken by other market players? The authors of …

Synthesis Of Studies On Costs Of Cash And Non-Cash Payment Instruments, Jakub Górka

European Management Studies

The article aims to present the synthetic conclusions from studies on costs of cash and non-cash payment instruments. The author analyzed the most important and most comprehensive surveys, which have until now been carried out in the world. Studies were mainly undertaken by central banks cooperating with other parties from the payment chain – commercial banks, payment services subcontractors, consumers and merchants. There is an ongoing debate about cashless society, the benefits of electronic payment instruments, the competitiveness of banknotes and coins. Therefore, the traditional means of payment is a good reference point to study of costs of non-cash payment …

The Polish Equity Release Services On The Basis Of International Examples. Current State Of The Polish System And Suggested Changes, Sebastian Skuza

European Management Studies

An ever growing group of old-age pensioners, whose retirement benefits are much lower than the income which they used to receive when they worked, searches for alternative sources of financing. A possible solution to solve a problem of the Polish potential old-age pensioner is to create mechanisms enabling them to derive financial benefits from the non-financial assets accumulated during their professional life. Such assets may be used as a source of a current additional income. One of the instruments allowing the retired to acquire additional funds is the so-called equity release. On the global markets this service has already been …

The Effectiveness Of Social Responsible Investment On The Stock Market, Teresa Czerwińska

European Management Studies

The aim of this work is to review the impact of Social Responsible Investment on the portfolio management and analyze the effectiveness of investment in socially responsible portfolio represented by RESPECT Index on the stock market. The outcome of the research carried out that investing in an index of socially responsible companies RESPECT characterized with exceptional levels of efficiency and relatively low investment risk during considered period. The results are quite unusual, since the global stock market returns of socially responsible indexes did not differ significantly from the rates of return of the traditional indices.

23rd Annual Mlk Gospel Festival, Natalya Grabavoy

News and Events (Discontinued Series)

No abstract provided.

Mlk Fellowship Dinner, Natalya Grabavoy

News and Events (Discontinued Series)

No abstract provided.

Social Situations And Alcohol: The Effect Of Social Context On Alcohol Expectancies, Idan Ariel

USF Tampa Graduate Theses and Dissertations

Alcohol is one of the most widely used recreational drugs in the United States today, despite being associated with a myriad of negative effects. Alcohol consumption occurs most frequently within social contexts, and seems to be strongly related to many social factors. It is known that an individual's expectations of the effects of alcohol influences his/her drinking behavior, and that social alcohol expectancies are some of the most frequently reported expectancies. In this study, we explored the relationship between alcohol expectancies and social influences by examining whether exposure to a social context would differentially activate alcohol expectancies. 115 young-adult male …

Pearl District Market Study, Thomas Potiowsky, Scott Stewart

Northwest Economic Research Center Publications and Reports

Economic viability assessment of the Pearl District in Portland, including descriptions of demography, industry, and office space supply and demand.

The Enduring Impact Of One-Session Exposure Treatment On Selective Processing Bias And Explicit Memory Avoidance In Snake- And Spider-Fearful Participants, Karen Stanley-Kime

Master's Theses and Doctoral Dissertations

The prevalence of anxiety disorders in the general population makes clarification of variables that contribute to the onset or maintenance of these disorders essential. Two such contributory variables are anxiety-induced selective processing bias and theorized subsequent explicit memory avoidance. The purpose of the present study was to examine the impact of one-session in vivo exposure treatment on selective processing bias and explicit memory avoidance immediately following successful treatment of stimulus-specific anxiety as well as at one-week and one-month follow-up. Participants (N = 60) were assigned to one of three groups: (1) the treatment group, composed of individuals who were fearful …

George Dibble And The Struggle For Modern Art In Utah, Sarah Dibble

Theses and Dissertations

In this thesis I explore the spread of modern art to conservative regions of the country, in particular Utah. By using George Dibble as a case study this thesis will also address the struggle that Utah artists had to endure to have their progressive ideas in art be accepted in such a conservative area. It will address the criticism that Dibble had to endure by discussing specific incidents involved with certain works of art. Although there were plenty of people who did not like modern art, there were some institutions and people who were advocates of this progressive form of …

Methods For Identifying Acoustic Emissions From The Front Face Of A Small Piezoelectric Blower, Brad K. Solomon

Theses and Dissertations

This thesis focuses on identifying acoustic noise generating components in piezoelectric blowers through transverse velocity measurements and the development of a numerical fluid model. Piezoelectric ceramics have proven useful for many industries and areas of research involving: high precision actuators, noise control, ultrasonic devices, and many other areas. As of late, a unique adaptation of piezoelectric ceramics is surfacing in the area of pumping and cooling. Air pumps that use these ceramics replace the traditional electric motor, resulting in lower power consumption, less moving parts, constant pressure gradients, lower overall weight, and a low profile. The current drawback of this …

Cost Accounting Applied To Farming In Southwest Michigan, Toni Fisher

Honors Theses

The purpose of this study is to discuss how cost accounting is applied to the farming process. Specifically, this study evaluates and defines costs incurred within the farming industry where products are produced and sold after being generated from raw materials. Successful farmers must know the costs of raw materials acquired to produce cash corps.

While there are many types of crops farmed in southwest Michigan, this study specializes in cash crops, specifically corn and soybean production. Cost accounting methods applicable to the farming industry are introduced, discussed and applied in this study. A spreadsheet is presented which displays typical …

New Statutory Standards For Local Government Unit Debt, Łukasz Satoła

European Management Studies

The article presents rules on borrowing capacity of local governments, introduced under the new law on public finance. Characteristics of different types of constraints used in local government debt limiting have been made. The theoretical terms and practical examples of solutions indicated in the European Union countries were also presented. The construction of a new debt ratio based on the categories of operating surplus was described. On this basis, an analysis of the creditworthiness of local governments was performed. The results indicate that the creditworthiness of most units will be reduced as a result of implementing the new statutory provisions. …

Estimating The Risk Of Changes In Stock Prices By Field Division, Grzegorz Przekota

European Management Studies

This work concerns the problem of risk measurement in share prices. The classic measures are the most popular: variance, standard deviation and coefficient of variation. Among the most popular non-classical measure is the fractal dimension, including the Hurst exponent. The paper proposes an alternative method of calculating the fractal dimension of time series. It determines how strongly the time series fulfills its space and is used inter alia for the characterization of stock market data series due to the degree of “fraying”. Fractal dimension was calculated for time series trading stock indices WIG and WIG20 in 2008-2011. The results can …

The Results Of The Tests Of Semi-Strong Efficient Market Hypothesis On The Example Of The Warsaw Stock Exchange In The Period 2005-2011, Damian Bulski, Marian Górski

European Management Studies

The paper presents results of the Semi-strong Efficient Market Hypothesis introduced in to the literature by E. Fama. The hypothesis assumes that the prices of the securities almost instantly reflect the significant public information. We tested the influence on the yearly rate of return on the shares quoted on the Warsaw Stock Exchange (WSA) in the period 2005–2011 the indicators as follows: market capitalization of the company (CAP), Price Earnings Ratio (PE), Price/Book Value Ratio (P/BV), Dividend Yield (DY), beta - risk factor from the Capital Asset Pricing Model (CAPM). Usefulness of above factors in construction maximizing profit shares portfolio …

The Cost Of Equity Capital On Capital Market, Radosław Winiarski

European Management Studies

As far as capital investments and market acquisitions are concerned every project has its own unique cost of capital. Is it possible that in the era of financial markets and credit rating agencies, rate of return for equity investors is still intuitive category? How to find alternative cost of capital engaged in assets of comparable risk level? In case of capital migration and assets prices fluctuation these are crucial questions. There aren’t known in theory and verified in practice models that wouldn’t be challenged. This sad conclusion concerns developed markets as well as emerging ones.

Flexible Approach In Monetary Policy During Instability Of The Markets. Quantitative Easing Policy, Katarzyna Nagraba

European Management Studies

Monetary policy is an important pillar of the economy and it affects the development of each country indirectly. Depending on the strategy which is implemented, it can either stimulate the economy or slow down its growth. The aim of this study was to present a new approach in monetary policy, which has become extremely popular in the United States during the financial crisis. As the interest rates were very low and the monetary policy couldn’t use its basic tool to stimulate the economy, the quantitative easing policy has been implemented. As the article intends to present the most actual information …

The Economic Costs Of Economic Risk In The Financial Market, Justyna Przychodzeń

European Management Studies

The global financial crisis uncovered the weakness of institutional environment in Europe as well as in the world. Contemporary capital markets in the face of crisis did not meet expectations of both investors and regulators and generated huge economic as well as social costs. The aim of the paper is to analyze the consequences of the global financial crisis on European capital markets and formulation of a new paradigm of its development.

Money Laundering Risk Management In Banking System, Patrycja Chodnicka

European Management Studies

The issue of risks concerning the money laundering in the European banking system is discussed in the article. Two approaches used by regulators to prevent the mentioned phenomenon: rule-based approach and risk-based approach are described. The author also identified strategies used by banks as entities functioning to maximizing profit in conditions of full and incomplete information having by the FIU. Then, the European countries were analyzed in respect of participating reports on suspicious transactions in the total number of reports sent by all the obligated entities to the national financial intelligence units. Verified was also the value of two indicators: …

Analyzing The Market - Mapping Quality Analysis Of Wig20 By The Exchange Traded Fund, The First Fun On The Polish Market, Patrycja Chodnicka, Piotr Jaworski

European Management Studies

The basic goal of this article is the analysis of Exchange Traded Fund market in Poland. After making researches of world literature about the above - mentioned phenomenon, some hypothesis were revised. The linear regression of Jensen model was used for comparison the value of above the average rate of return on the only one ETF for WIG20 index which is traded on the Warsaw Stock Exchange with those received on the index. On its results it was concluded that ETF does not provide any positive excess returns over its benchmark. Lack of market timing skills was showed on the …

Graduate Student Research Meeting Minutes, Wku Graduate Council

Graduate School

Meeting minutes.

The Value Of The Death Of Christ, Norm Mathers

SOR Faculty Publications and Presentations

No abstract provided.

Controlling The Weather: A Study Of Law And Regulatory Processes (Howard J. Taubenfeld, Editor), S. Houston Lay

St. John's Law Review

No abstract provided.

The "Hot Issue": Possible Hidden Causes, Hugh L. Sowards, James S. Mofsky

St. John's Law Review

No abstract provided.

Nyse Rules And The Antitrust Laws--Rule 394--Necessary Restrictions Or Illegal Refusal To Deal?, St. John's Law Review

St. John's Law Review

No abstract provided.

The Pragmatic Interpretation Of Section 16(B) And The Need For Clarification, Hal M. Bateman

St. John's Law Review

No abstract provided.