This study examines the effect of corporate liquidity and investor protection on the relation between financial distress and equity returns using a European sample over the 2002-2016 period. The results show that returns are hump-shaped and decreasing for increasing default risk. This can be rationalized by corporate liquidity indicating that higher cash holdings decrease liquidity risk. Moreov...

Eye protection during surgical procedures has gained more attention with the increasing prevalence of viral diseases among the population (1, 3-5). Until now, no vaccination exists against Hepatitis C and HIV (1). Prevention therefore remains crucial (4, 5). Viral screening has no sense as a routine technique, since often results are only known after the surgery (4). Financial budgets become ti...

The problem of efficiency in the IT systems is now widely discussed. One of the factors affecting the performance of IT systems is implementation and maintaining a high level of security. In many cases the guaranteed security level is too high in relation to the real threats. The implementation and maintenance of this protection level is expensive in terms of both productivity and financial cos...

The need for a motor protection system can be well understood by the fact that motors are integral device in any of the present day industries. Malfunctioning or any other faults in motor can halt the functioning of such industries. This can cause huge financial losses. So an efficient motor protection system is necessary. The present research work deals with the application of Labview for moto...

Relying on the perfect integration of Internet technology, new business format and financial services, the Internet finance is developing at an unexpected speed, bringing impacts to Chinese-funded banks in the traditional business and emerging areas such as customization. Based on the preliminary study of the close contact between Chinese-funded banks and Internet financial enterprises as well ...

Despite Taiwan financial institutions’ huge investments in online financial services systems, Taiwan consumers’ adoption of online financial services has been slower than anticipated. So far, online financial services research in Taiwan is still in its infancy, hence receiving little academic attention. This suggests a need to understand Taiwan Internet users’ adoption behavior of online financ...