Abstract: In a first step, this ERP derives the theoretical necessity to provide voluntary strategic and non-financial Information. It is argued that companies are an integral part of a common environment and society, acting in a framework of interdependent relationships. A company is more and more seen as a community of interests of different groups, and it can only act in an optimal way if the demands of all groups are taken into account and its behaviour is adjusted accordingly. In this context, interest groups' demands for company Information depend an the possibilities of improvements in decision making or monitoring that arise with its use, which in turn is mainly determined by the potential of Information to reduce uncertainty in the areas of interest. For external decision-makers, uncertainty often arises from sources about which conservative company statements provide little insight. Due to the traditional, finance-oriented concept of disclosure, this is particularly true for strategic and non-financial aspects. Related additional Information that is voluntarily provided can considerably reduce uncertainty, even more so as part of audited statements. Conventional financial reporting and existing disclosure requirements will generally not nearly satisfy those information needs of user groups. Any economic action, though, should only be taken if related benefits are exceeding related costs. This priority of economicalness also holds for companies' production, processing and disclosure of Information. Therefore, it is necessary to consider as detailed as possible potential opportunities and disadvantages for voluntarily disclosing company Information both an and outside capital markets. This is done in a second major part of the present work. First, voluntary disclosure can potentially affect share prices and thereby the market value of the firm, markets not being strong-form efficient. So, by giving company Information, a higher market value can directly be induced, thereby potentially lowering the cost of capital which, for example, improves the company's competitive position in the battle for cheap additional financing. [...]
Four generations in space searching for a new world and today they learn how their insignificant band came to command a monolithic ship known as Protostar...exactly, one hundred years after stepping aboard. From the depths of the NORAD command center, they trace the passion and sacrifices that lead to a last ditch effort to find civilization a new home. "Riters" embodies the spirit of works like "Catch 22," and the sixties cult classic, "Been Down So Long, It Looks Like Up to Me." Combining the absurd and insightful with the hysterical and tragic, Harris choreographs an unexpected embrace of opposites in a world far stranger than one where machines are conscious.
Tie Your Own Flies' is both a comprehensive primer for the beginner, and a definitive reference for experienced anglers already tying their own flies. Each chapter is conveniently presented as a lesson in fly tying. The author, Roy Patrick, is an expert angler, who has taught hundreds of students, has written several books and countless articles on fishing. In other words, you are in good hands.
Public opinion polls have become increasingly prominent during elections, but how they affect voting behaviour remains uncertain. In this work, we estimate the effects of poll exposure using an experimental design in which we randomly assign the availability of polls to participants in simulated election campaigns. We draw upon results from ten independent experiments conducted across six countries on four continents (Argentina, Australia, Canada, New Zealand, the United Kingdom, and the United States) to examine how polls affect the amount of information individuals seek and the votes that they cast. We further assess how poll effects differ according to individual-level factors, such as partisanship and political sophistication, and the content included in polls and how it is presented. Our work provides a comprehensive assessment of the power of polls and the implications for poll reporting in contemporary elections.
M. N. Roy, the founder of the Communist Party of India, has been described by Robert C. North as ranking "with Lenin and Mao Tse-tung." This book, focusing on the career of Roy, traces the development of communism and nationalism in India from 1920 to 1939. Originally published in 1971. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Kung Fu has evolved from a traditional means of defence to become a system of attacking and defending oneself, with or without weapons, exercising the body and maintaining good physical and mental health. As such, these practices have found an international following. Yet what has remained a largely unexplored area is the scientific principles behind these martial arts. This book not only covers the brief history of Chinese martial arts, but also brings together the wisdom of a Kung Fu grand master with a scientist and teacher to explain the scientific reasons why Kung Fu is the powerful practice that it is. Using the principles of physics, biomechanics and biology, with a number of drawings showing some basic postures of Kung Fu, the authors present a deep understanding of how the styles, the specific movements and methods of attack and defence operate.
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