We address explicitly the issue of risk in the theory of the firm. To that end, we present a model in which the shareholders’ portfolio selection of assets and the decisions of the firm are jointly determined through the market process. The model allows to study the role of markets and prices on the type of risky activities undertaken by a firm and the allocation of random profit among sharehol...

Using a database of all Missouri insanity acquittees committed on July 1, 1997 (N = 873) and all insanity acquittees unconditionally released from 1986 through 1997 (N = 193), this study calculated the lengths of commitment and identified variables associated with the unconditional release of insanity acquittees from indefinite commitment by the mental health and criminal justice systems. The s...

A (t, n) secret sharing (SS) scheme can be divided into two protocols: share generation protocol and secret reconstruction protocol. In share generation protocol, a mutually trusted dealer selects a secret and distributes shares to shareholders secretly; in secret reconstruction protocol, a group of t qualified shareholders pool their shares together to reconstruct the secret. However, in secre...

This paper proposes to rely on power indices to measure the amount of control held by individual shareholders in corporate networks. The value of the indices is determined by a complex voting game viewed as the composition of interlocked weighted majority games; the compound game reflects the structure of shareholdings. The paper describes an integrated algorithmic approach which allows to deal...

Abstract The present study analyses the relationship between psychopathic traits, four facets of psychopathy (i.e., interpersonal, affective, lifestyle, and antisocial), type crime committed intrafamilial extrafamilial child sexual abuse; nonsexual crimes). Self-Report Psychopathy Scale – Short Form (SRP-SF) Marlowe-Crowne Social Desirability were completed by 110 male individuals who sexually ...

In February 2017, Braz de Aviz, Prefect of the Congregation for Institutes Consecrated Life and Societies Apostolic Life, acknowledged in an interview that some 70 “new spiritual movements” were under investigation abusive behavior committed by their founders. The number cases remain undetected is probably large. This article uses example these communities to analyze precarious tension between ...

background: tramadol is an analgesic drug used for treatment of moderate to severe pain. according to  side effects of tramadol overdose, this study aimed to evaluate epidemiological characteristics of patients who admitted with tramadol overdose in imam khomeini hospital - kermanshah from march 2008 to march 2009. methods: in this descriptive- analytical study, all profiles of poisoned subject...

In his latest book “Firm Commitment” Colin Mayer argues that current-shareholder value orientation leads to the exploitation of both current as well as future stakeholder groups. Drawing on research conducted throughout his entire career, Mayer asserts that market processes distort resources operating to the exploitation of stakeholders to those who have the most opportunity to use them—current...

An S-Corp election can have positive and negative impacts on the valuation of a minority interest in a closely-held company depending on the specific facts pertinent to the company. In the majority of cases, the S-Corp election has a net positive economic impact to the fair market value of a minority interest, but the net effect can vary materially between shareholders of the same company, and ...