Inhaltsangabe:Abstract: In their role as financial intermediaries, banks have the inherent task of assuming risks. This statement follows Diamond s model (1984) that financial intermediaries exist because they have a comparative advantage in the production of private information. Higher competition and complexity as well as a riskier environment however have increased the importance of managing and controlling one of the banks core risks: credit risk. Before analysing the implications on specific credit risk instruments, the thesis will describe the relevant content of The New Basel Capital Accord and explain the general context of credit risk and capital management within a bank. An analysis of the implications of The New Basel Capital Accord implies the question of how the new incentive structures will modify credit risk and capital management activities within banks and shape the competitive environment of the banking industry. More specifically, it will be investigated how the significance and type of credit risk and capital management will change and what effect The New Basel Capital Accord will have on the development of credit risk measurement instruments. The paper will also describe the impacts of the new Accord on the market for credit derivatives and securitizations and on the structure of these transactions. Moreover, it is important to consider how the scarce and essential resource capital will be affected and what potential conclusions can be drawn. The thesis will show that The New Basel Capital Accord is a major step forward in banking regulation that will better align regulatory and economic capital. It will encourage the usage of internal rating approaches, credit derivatives and securitizations. It will also influence capital allocation and lead to an extended use of active portfolio management. As a consequence of changed incentive structures the analysis will indicate that The New Basel Capital Accord will be an important driver for the advancement and improvement of credit risk measurement and internal credit risk models. Inhaltsverzeichnis:Table of Contents: Table of FiguresII Table of EquationsIII Table of AbbreviationsIV 1.Introduction1 1.1Motivation1 1.2Outline2 1.3Definitions4 2.Current Basel Accord and The New Basel Capital Accord in comparison5 2.1Current Basel Accord in practice5 2.2Merits and weaknesses of the current Basel Accord6 2.3Objectives of The New Basel Capital Accord 7 2.4Key [...]
This open access book provides an exhaustive picture of the role that annulment conflicts play in the EU multilevel system. Based on a rich dataset of annulment actions since the 1960s and a number of in-depth case studies, it explores the political dimension of annulment litigation, which has become an increasingly relevant judicial tool in the struggle over policy content and decision-making competences. The book covers the motivations of actors to turn policy conflicts into annulment actions, the emergence of multilevel actors’ litigant configurations, the impact of actors’ constellations on success in court, as well as the impact of annulment actions on the multilevel policy conflicts they originate from.
Elite Malay women’s polygamy narratives are multiple and varied, and their sentiments regarding the practice are conflicted, as they are often torn between personal and religious convictions. This volume explores the ways in which this increasingly prominent practice impacts Malay gender relations. As Muslims, elite Malay women may be forced to accept polygamy, but they mostly condemn it as women and wives, as it forces them to manage their lives and loves under the “threat” of polygamy from a husband able to marry another woman without their knowledge or consent; a husband that is married but available.
This is about the story of Mary. She was sixteen years old then, tall and beautiful. A person knows when one is pretty. You could see it plainly in your mirror, or you could notice it by the look men and boys give you when you pass by them, swinging your hips, showing your open lips. That's Mary...
Available online: https://pub.norden.org/temanord2024-502/ Eunomia Research & Consulting and Mepex Consult AS were commissioned by the Nordic Working Group for Circular Economy to carry out a study on production and recycling of batteries used in electrical vehicles (EVs) with a focus on the Nordic region. The study sought to contribute to building knowledge around technologies and procedures capable of reducing emissions and minimising environmental risks across the EV battery value chain, and to provide initial findings that may inform future Best Available Techniques Reference documents. The EV battery value chain is experiencing rapid growth and evolution at all stages. Each of these stages, and associated technologies, are accompanied by environmental risks, waste products and emissions. Additionally, distinct barriers to the circularity of batteries include degradation of battery capacity and complexity of technologies and supply chains.
Based on extensive research of British documents from the Public Records Office, and American documents from the National Archives and several Presidential Libraries, this book surveys events in Kuwait from the beginning of the twentieth century until the Second World War, and explains Britain's initial interest in the ruling al-Sabah family, before focusing on the post-1945 period.
Special edition of the Federal register, containing a codification of documents of general applicability and future effect as of July 1 ... with ancillaries.
The Wamira people of Papua New Guinea display what outsiders would describe as an obsession with food. Who owns how many pigs, how much taro grows in whose garden, and who contributes what food at a feast, are all questions uppermost in their thoughts. Wamirans account for this preoccupation by saying that they suffer from perpetual famine. They explain this by means of an elaborate and colorful myth about Tamodukorokoro, a monster who would have brought them abundant food, but whom, in typical Wamiran style of fearing what they desire, they chased away. In this carefully crafted and beautifully evocative book, Kahn, who lived with the Wamira people for two and a half years, argues that Wamirans famine has in fact little to do with the belly. For Wamirans, concepts of food and hunger are cultural constructs. By means of food, they objectify emotions, balance relations between men and women, communicate rivalries among men, and ultimately, control the ambivalent desires that they fear would otherwise control them. Effectively combining analyses of myths and symbols with analytical accounts of subsistence and ritual behavior, Kahn writes with a degree of nuance that takes the reader beyond academic analyses into the experience of the ethnographer and the daily lives of the people with whom she resided.
Kracauer. Film, medium of a disintegrating world. -- Curious Americanism. -- Benjamin. Actuality, antinomies. -- Aura: the appropriation of a concept. -- Mistaking the moon for a ball. -- Micky-maus. -- Room-for-play. -- Adorno. The question of film aesthetics. -- Kracauer in exile. Theory of film.
A nuanced study of early Christian exegesis Miriam DeCock analyzes four important early Christian treatments of the Gospel of John, including commentaries by Origen and Cyril from the Alexandrian tradition and the homilies of John Chrysostom and the commentary of Theodore of Mopsuestia, which represent Antiochian traditions. DeCock maintains that the traditional distinction between nonliteral and literal interpretations in these two early Christian centers remains helpful despite recent challenges to the paradigm. She argues that a major and abiding distinction between the two schools lies in the manner in which Alexandrian and Antiochian authors apply the gospel text to their respective communities. DeCock demonstrates that the Antiochenes find primarily literal moral examples and doctrinal teachings in John's Gospel, whereas the Alexandrians find both these and nonliteral teachings concerning the immediate situation of the church and of its individual members. Features An examination of each author's interpretations of a selection of texts Focused explorations of John 2; 4; and 9-11 in early Christian exegesis A study of early literal non-literal interpretations of John's Gospel
The Transplanted Executive provides a comprehensive resource for managers of any nationality striving to understand the diversity of workplace values and traditions - and how they can be used to maximize employee efficiency, morale, and the bottom line. Offering sensible solutions to everyday problems, this informative volume shows how employees with different cultural religious, and ethnic backgrounds respond to specific managerial techniques. Further, they describe why the same management practices used in the same country can generate success for some, but failure for others. Each chapter focuses on a different management problem - effective communication, motivation of workers, turning groups into teams, leadership skills, and quality management production - and following each chapter are quick reference charts that neatly summarize the text. The authors also include a table which provides cultural profiles of nearly 50 countries from major business centers around the world.
Environment perception with cameras is an important requirement for many applications for autonomous vehicles and robots. This work presents a stereoscopic omnidirectional camera system for autonomous vehicles which resolves the problem of a limited field of view and provides a 360° panoramic view of the environment. We present a new projection model for these cameras and show that the camera setup overcomes major drawbacks of traditional perspective cameras in many applications.
Anhand verschiedener Beispiele zeigen die Autoren die Bedeutung der Kristallographie für Chemie und Biochemie auf und bieten somit eine gute Zusammenfassung der allgemeinen Prinzipien der Kristallstrukturanalyse. Zum einen sollen Interessierte, die diese Methode nicht selbst durchführen, in die Lage versetzt werden, deren Ergebnisse zu interpretieren. Zum anderen wird dem Leser deutlich gemacht, welche Bedeutung die ungeheure Datenmenge, die sich aus dieser Methode ergibt, einerseits für die Chemie sowie andererseits für die Biochemie hat. Das Buch ist verständlich geschrieben und mit zahlreichen Abbildungen versehen. Durch die Darstellung der Kristallstrukturanalyse im Vergleich zu anderen Methoden ist das Werk auch besonders für fortgeschrittene Studenten geeignet, die sich mit der Kristallographie vertraut machen wollen.
Boca Raton. South Florida's wealthy enclave of sand, surf, martinis, and murder . . . From high society "Boca Babe" to Harley-riding private eye, Harriet Horowitz has established her rep as a kick-ass P.I. with an insider's connection to both the high life and the low life of Florida's Palm Beach coast. Like "Junior" Castellano, a big-time land developer who hires Harriet to find the silver-haired gigolo who broke Mama Castellano's heart, Harriet is practical when it comes to solving problems. Simple enough, until the Boca police find Junior bulldozed at one of his construction sites. Was Junior killed by his mother's con man? Or by a bitter ex-wife or spurned ex-girlfriend? Maybe by his estranged sons? And what about the bartender at Hog Heaven, who was about to lose her home in a trailer park because of Junior's latest land development deal? Harriet will do whatever it takes to protect others. Even if Junior Castellano's enemy list is longer than the reservations at a Boca cocktail bar, and the scheme he was hatching was big enough to destroy the whole city. A hurricane is heading toward Boca. It should be named Harriet.
The Health Care Dilemma should be of interest to local and international health care constituencies, including leaders of health care delivery networks, academic professionals, students, and government and ministerial authorities globally with interest in health care systems and policy development.The patient case studies collected in this book provide first-hand accounts of health care delivery in multiple settings in a variety of national and local systems. These accounts, focusing on real experiences and real patients, transcend the rhetoric of political debate about health care delivery. The cases offer lessons for how we might draw on the virtues of other health care systems, understand strengths and shortcomings in our current system, and work toward potential improvements.All royalties derived from the sale of this book are contributed to the Harvard Macy Institute in support of the worldwide community of health care professionals innovating through education.
Marine Ecotoxicology: Current Knowledge and Future Issues is the first unified resource to cover issues related to contamination, responses, and testing techniques of saltwater from a toxicological perspective. With its unprecedented focus on marine environments and logical chapter progression, this book is useful to graduate students, ecotoxicologists, risk assessors, and regulators involved or interested in marine waters. As human interaction with these environments increases, understanding of the pollutants and toxins introduced into the oceans becomes ever more critical, and this book builds a foundation of knowledge to assist scientists in studying, monitoring, and making decisions that affect both marine environments and human health. A team of world renowned experts provide detailed analyses of the most common contaminants in marine environments and explain the design and purpose of toxicity testing methods, while exploring the future of ecotoxicology studies in relation to the world’s oceans. As the threat of increasing pollution in marine environments becomes an ever more tangible reality, Marine Ecotoxicology offers insights and guidance to mitigate that threat. Provides practical tools and methods for assessing and monitoring the accumulation and effects of contaminants in marine environments Unites world renowned experts in marine ecotoxicology to deliver thorough and diverse perspectives Builds the foundation required for risk assessors and regulators to adequately assess and monitor the impact of pollution in marine environments Offers helpful insights and guidance to graduate students, ecotoxicologists, risk assessors, and regulators interested in mitigating threats to marine waters
Inhaltsangabe:Abstract: In their role as financial intermediaries, banks have the inherent task of assuming risks. This statement follows Diamond s model (1984) that financial intermediaries exist because they have a comparative advantage in the production of private information. Higher competition and complexity as well as a riskier environment however have increased the importance of managing and controlling one of the banks core risks: credit risk. Before analysing the implications on specific credit risk instruments, the thesis will describe the relevant content of The New Basel Capital Accord and explain the general context of credit risk and capital management within a bank. An analysis of the implications of The New Basel Capital Accord implies the question of how the new incentive structures will modify credit risk and capital management activities within banks and shape the competitive environment of the banking industry. More specifically, it will be investigated how the significance and type of credit risk and capital management will change and what effect The New Basel Capital Accord will have on the development of credit risk measurement instruments. The paper will also describe the impacts of the new Accord on the market for credit derivatives and securitizations and on the structure of these transactions. Moreover, it is important to consider how the scarce and essential resource capital will be affected and what potential conclusions can be drawn. The thesis will show that The New Basel Capital Accord is a major step forward in banking regulation that will better align regulatory and economic capital. It will encourage the usage of internal rating approaches, credit derivatives and securitizations. It will also influence capital allocation and lead to an extended use of active portfolio management. As a consequence of changed incentive structures the analysis will indicate that The New Basel Capital Accord will be an important driver for the advancement and improvement of credit risk measurement and internal credit risk models. Inhaltsverzeichnis:Table of Contents: Table of FiguresII Table of EquationsIII Table of AbbreviationsIV 1.Introduction1 1.1Motivation1 1.2Outline2 1.3Definitions4 2.Current Basel Accord and The New Basel Capital Accord in comparison5 2.1Current Basel Accord in practice5 2.2Merits and weaknesses of the current Basel Accord6 2.3Objectives of The New Basel Capital Accord 7 2.4Key [...]
Master's Thesis from the year 2008 in the subject Business economics - General, grade: 71 % - A, University of Newcastle, language: English, abstract: There is a high failure rate in cross-border M&A. Many of them fail due to cultural differences of the combining organisations. This study examines the role of culture in cross-border M&A regarding national and organisational culture among other factors that are important for a successful integration strategy in M&A across borders. The factors discussed are based on empirical findings, and on literature that in the analysis, proved to corroborate the findings of the primary data, or insights based on these findings. Since many authors comply with DaimlerChrysler having failed because of two heterogeneously organisational cultures and different management styles trying to combine into a new culture, this topic was of special interest of the researcher. DaimlerChrysler is being used as a case study approach in this research to find out how important the role of culture in cross-border M&A is. Furthermore, it has been observed, that the controversial evidence in the literature if many cross-border M&A fail due to cultural differences is of interest concerning the research objectives and the literature revealed that in this area little research is done so far. Therefore, one objective of this research is to fill the gap in the literature regarding national and organisational culture when integrating one firm with another or by forming an entirely new one in cross-border M&A The analysis of primary data in form of semi-structured interviews has uncovered that the cause of the cultural differences is not always apparent and ignored particularly in business. However, cultural differences are not the only cause for cross-border M&A failure as there are other important factors to take into account.
An exhilarating chronicle of the most revolutionary advancements in recent-and future-technology Which new technologies are bound to have the biggest impact on our lives in the years ahead? This groundbreaking book looks at the latest technological superstars destined to reshape the upcoming century and offers easy-to-understand, engaging explanations of what they are, how they work, and how they will affect our lives. Written by a senior editor of Scientific American, the world's premier science magazine, and based on in-depth interviews with today's leading innovators as well as extensive research of the latest scientific literature, Who Gives a Gigabyte? takes you on a fast-paced tour into the brave new world of gene therapy, quantum computation, designer drugs, and recyclable cars. Surveying the wide range of technological wonders, the authors investigate such diverse realms of scientific advancement as computing, telecommunications, laser beams, bioengineering materials, and alternative energy sources. From the Human Genome Project, which aims to spell out every letter of our genetic inheritance, to the implications of altering genes in important agricultural projects, to new strategies for attacking malignant cancer cells without the damaging side effects of traditional treatments, to the startling but still unsuccessful attempts to make computer software more like the human mind, Who Gives a Gigabyte? demystifies the technology of today and provides an enlightening glimpse into the limitless possibilities of tomorrow. "An enjoyable and rewarding book."-Choice "An informative overview of new and emerging technologies."-Booklist "The reward for the reader is a solid grounding in technological literacy."-Scientific American
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