Applied Anisotropic Elasticity by R. F. S. Hearmon

And Cubic F O R M S

F INANCE R ESEARCH S EMINAR S UPPORTED BY U NIGESTION “ Good monitoring , bad monitoring

Are courts effective monitors of corporate decisions? In a controversial landmark case, the Delaware Supreme Court held directors personally liable for breaching their fiduciary duties, signaling a sharp increase in Delaware‘s scrutiny over corporate decisions. In our event study, low-growth Delaware firms outperformed matched nonDelaware firms by 1% in the three day event window. In contrast, ...

F INANCE R ESEARCH S EMINAR S UPPORTED BY U NIGESTION " Demand - Based Security Design

Uninformed investors facing future carrying cost (liquidity) shocks determine primary market prices for asset-backed securities. A liquidity provider subsequently buys tendered securities in competitive secondary markets. Liquidity provision is distorted by a speculator receiving a private signal regarding cash flow. Optimal structuring minimizes total trading loss and carrying cost discounts d...

M a R T I N F R E D R I K S S O N

Since most of the concepts and areas of research relevant to this thesis are related to fundamental data management issues (abstraction and representation) an appropriate start for this background analysis is to explain these fundamental issues. In the general case, the concepts of abstraction and representation are the means for us to perceive and interact with data in the most suitable manner...

July 1989 : Elected F . R . S . 1973 26 − − Lionel Edward