WENZHEN HUANG1,∗, TIRAWAT PHOOMBOPLAB2,3 and DARIUSZ CEGLAREK2,3 1Department of Mechanical Engineering, University of Massachusetts, Dartmouth, MA 02747, USA E-mail: [email protected] 2Department of Industrial and Systems Engineering, University of Wisconsin-Madison, Madison, WI 53706, USA 3International Digital Laboratory, WMG, University of Warwick, Coventry CV4 7AL, UK E-mail: {T.Phoomboplab...

This study uses a large sample of UK-listed funds to examine whether governance has an impact on two indicators of management performance: the level of fund-management fees and the discount at which a fund trades. Fees are important, because we find that a 1% rise in fees leads to a 1.5% fall in investor returns. Fees are higher for those funds which have large boards, few directors from outsid...

MICHELA OTTOBRE1, NATESH S. PILLAI2, FRANK J. PINSKI3 and ANDREW M. STUART4 1Department of Mathematics, Imperial College, 180 Queen’s Gate, SW7 2AZ, London, UK. E-mail: [email protected] 2Department of Statistics, Harvard University, 1 Oxford Street, Cambridge, MA 02138, USA. E-mail: [email protected] 3Department of Physics, University of Cincinnati, P.O. Box 210011, Cincinnati, OH ...

moebius syndrome is a rare congenital disorder of the facial and abducens nerve. other cranial nerves may be involved, such as v, ix and xii. several central nervous system anomalies including hypoplastic or dysplastic brain stem, straightening of the fourth ventricle floor, focal necrosis and calcifications of cranial nerve nuclei have been reported in association with moebius syndrome, but we...

Three new entities have been recently added to the group of glioneuronal tumors in the most recent update of the World Health Organization classification of tumors of the central nervous system: papillary glioneuronal tumor, rosetted glioneuronal tumor with neuropil-like islands, and rosette-forming glioneuronal tumor of the fourth ventricle. These tumors are relatively infrequent lesions, and ...

Compression of the fourth ventricle (CV4) is a well-known osteopathic procedure, utilized by osteopaths, osteopathic physicians, craniosacral therapists, physical therapists, and manual therapists as part of their healthcare practice based on some evidence suggesting impact on nervous system functions. The main objective of the study was to identify randomized controlled trials (RCTs) assessing...

ALEXANDROS BESKOS1, NATESH PILLAI2, GARETH ROBERTS3, JESUS-MARIA SANZ-SERNA4 and ANDREW STUART5 1Department of Statistical Science, UCL, Gower Street, London, WC1E 6BT, UK. E-mail: [email protected] 2Department of Statistics, Harvard University, Cambridge, MA 02138-2901, USA. E-mail: [email protected] 3Department of Statistics, University of Warwick, Coventry, CV4 7AL, UK. E-mail: garet...

In a recent article Steven Rosefielde has argued that (1) according to the best available statistics the postwar growth of Russia under the command system was surprisingly good (2) economic theory requires that nonmarket systems must fail by comparison with market economies (3) the statistics are therefore at fault: they “lied and were misconstrued” by western “statistically oriented comparativ...

This paper studies a strategic aspect of pro t-sharing in an oligopolistic industry with a monopoly union. Whenever a uniform pro t share exists in the industry, we show that a union that values the per worker remuneration positively, may have incentives to reduce industry employment, decreasing thus total output and causing total pro ts to increase. Thus, we show that pro t-sharing may lead to...