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This paper integrates elements from the theory of agency, the theory of property rights and the theory of finance to develop a theory of the ownership structure of the firm. We define the concept of agency costs, show its relationship to the 'separation and control' issue, investigate the nature of the agency costs generated by the existence of debt and(More)
Acknowledgments We recognize the work of those in the field, notably members of the marine mammal stranding network, some of whom are listed on the first page. Much information on ship strikes to large whales would not be available were it not for the dedication and expertise of those who assess the condition of stranded and floating dead animals and(More)
(2007). Hip, thigh and calf muscle atrophy and bone loss after 5-week bed rest inactivity. Limitations of preschool instruments and standards for minimal levels of technical adequacy. (1987). Development of a questionnaire for the assessment of active and passive coping strategies in chronic pain patients. A new scale of social desirability independent of(More)
Vertical elevation relative to mean sea level is a critical variable for the productivity and stability of salt marshes. This research classified a high spatial resolution Airborne Data Acquisition and Registration (ADAR) digital camera image of a salt marsh landscape at North Inlet, South Carolina, USA using an artificial neural network. The remote(More)
The article analyses the role of the Commission, the Parliament, and the Council in the two main legislative procedures in the European Union: cooperation and co-decision (I). We use the legislative history of some 5,000 parliamentary amendments. These procedures have been the subject of a great deal of theoretical debate. According to conventional wisdom(More)
Learning and accumulation of new knowledge in an organization always require two transformation processes: one transformation process from data to information and another from information to (new) knowledge. This is so because only information, and not knowledge, can be shared and spread among the members of the organization. This article describes these(More)
General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. ? Users may download and print one copy of any publication from(More)
Inhabitants in smart environments are often authenticated when they enter the smart environment, e.g., through biometrics or smart-/swipe-card systems. It may sometimes be necessary to re-authenticate when an inhabitant wishes to enter a restricted area or access ambient services or location based information, e.g., it is common to have swipe card terminals(More)
Two studies examined early perceptual processing and explicit racial categori-zation of racially ambiguous faces. Participants viewed racially ambiguous faces as well as faces of Whites, Asians, and Blacks while event–related brain potentials (ERPs) were recorded. Initial perceptual processes, indexed by ERP components occurring within 200 ms of stimulus(More)