We develop and test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data on cross-border mergers and acquisitions (M&A) and corporate governance in 22 countries, we find that cross-border M&As are associated with subsequent improvements in the governance, valuation, and productivity of the target firms’ local rivals. This positive spillover effect is stronger when the acquirer is from a country with stronger shareholder protection and if the target’s industry is more competitive. We conclude that the international market for corporate control promotes the adoption of better corporate governance practices around the world.
Design of Very High-Frequency Multirate Switched-Capacitor Circuits presents the theory and the corresponding CMOS implementation of the novel multirate sampled-data analog interpolation technique which has its great potential on very high-frequency analog frond-end filtering due to its inherent dual advantage of reducing the speed of data-converters and DSP core together with the specification relaxation of the post continuous-time filtering. This technique completely eliminates the traditional phenomenon of sampled-and-hold frequency-shaping at the lower input sampling rate. Also, in order to tackle physical IC imperfections at very high frequency, the state-of-the-art circuit design and layout techniques for high-speed Switched-Capacitor (SC) circuits are comprehensively discussed: -Optimum circuit architecture tradeoff analysis -Simple speed and power trade-off analysis of active elements -High-order filtering response accuracy with respect to capacitor-ratio mismatches -Time-interleaved effect with respect to gain and offset mismatch -Time-interleaved effect with respect to timing-skew and random jitter with non-uniformly holding -Stage noise analysis and allocation scheme -Substrate and supply noise reduction -Gain-and offset-compensation techniques -High-bandwidth low-power amplifier design and layout -Very low timing-skew multiphase generation Two tailor-made optimum design examples in CMOS are presented. The first one achieves a 3-stage 8-fold SC interpolating filter with 5.5MHz bandwidth and 108MHz output sampling rate for a NTSC/PAL CCIR 601 digital video at 3 V. Another is a 15-tap 57MHz SC FIR bandpass interpolating filter with 4-fold sampling rate increase to 320MHz and the first-time embedded frequency band up-translation for DDFS system at 2.5V. The corresponding chip prototype achieves so far the highest operating frequency, highest filter order and highest center frequency with highest dynamic range under the lowest supply voltage when compared to the previously reported high-frequency SC filters in CMOS.
A complete reference text to airdrop recovery systems with self-inflating airbags, focusing on analysis, test data, and engineering practicalities Comprehensively covers the fundamental theories, design, matching, and analysis of airdrop recovery systems that include a parachute and self-inflating airbag system Gives step-by-step guidance to aid readers in analyzing and designing their own recovery systems Highlights advanced research programs in the field of airdrop recovery systems, such as simulation and optimization methods.
PREMIO ALVES REDOL Em A Hora das Neblinas, assistimos ao regresso de D. Sebastiao a uma Lisboa tomada por nevoeiros literais e simbolicos, que a envolvem e aos poucos vao limitando os percursos dos seus moradores. A cidade que se nos depara e uma Lisboa metaforica, futura mas quase contemporanea da nossa, cujos habitantes se foram esquecendo das glorias do seu passado e se encontram agora amorfos, tomados de uma mediocridade peconhenta, o que faz com que quase ninguem comemore o regresso de D. Sebastiao. Acompanhamos a odisseia do rei e a sua estupefaccao para com o que vai vendo, ao mesmo tempo que vamos testemunhando a sua humanidade, as suas fraquezas e duvidas, a sua ignorancia da missao a que esta destinado. Desfilam a nossa frente personagens bizarras e inesqueciveis, apresentando-se o romance como um fresco de uma certa modernidade, no qual as proprias palavras que o compoem sao postas em causa, rasuradas, reinventadas, ao ritmo diabolico do progresso inexoravel do nevoeiro.
We develop and test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data on cross-border mergers and acquisitions (M&A) and corporate governance in 22 countries, we find that cross-border M&As are associated with subsequent improvements in the governance, valuation, and productivity of the target firms’ local rivals. This positive spillover effect is stronger when the acquirer is from a country with stronger shareholder protection and if the target’s industry is more competitive. We conclude that the international market for corporate control promotes the adoption of better corporate governance practices around the world.
Manuel Rui’s early prose fiction focused on relations in colonial Angolan society and, in part, functioned as a contestation of Portuguese politics and culture. Rui continues to explore the complexities of Angolan life in Yes, Comrade! The stories in Yes, Comrade! communicate a sense of the atmosphere in a city occupied by rival nationalistic factions and a colonial power. The political center of consciousness is clearly the revolutionary MPLA (Popular Movement for the Liberation of Angola), which won the struggle in the political and military arena. Using immediate events as well as cultural and linguistic codes, Rui brilliantly explores the ramifications of political independence and nation-state formation. Manuel Rui is one of the leading writers postcolonial Angolan fiction. He has published several works of fiction and poetry, including Regresso Adiado, Memoria de Mar, and Quem me dera ser onda. Yes, Comrade! (originally published as Sim Camarada!) is the first of his works available in English translation. Ronald W. Sousa is professor of cultural studies and comparative literature at the University of Minnesota. He is the author of The Rediscoverers: Major Figures in the Portuguese Literature of National Regeneration and the translator of Clarice Lispector’s The Passion according to G.H. (Minnesota, 1988). Gitahi Gititi is an assistant professor of English at the University of Rhode Island at Kingston. He has taught literature at Kenyatta University in Nairobi, Kenya, and at Yale University. “...and along all the roads of tears flowers raged, saying, with a smile: ‘Yes, comrade!’” Despite his stature as one of Angola’s most important contemporary writers. Manuel Rui’s prose has never before been translated into English. With the publication of Yes, Comrade!, the non-Portuguese reader will be introduced to this essential work of Angolan fiction that offers a stunning portrait of revolutionary Angola in the 1960s and 1970s. Fascinating and extremely intricate, Yes, Comrade! emerges as a telling fictional portrayal of an extremely complex political and cultural scenario.
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