منابع مشابه
Distance Matters
Giant strides in information technology at the turn of the century may have unleashed unreachable goals. With the invention of groupware, people expect to communicate easily with each other and accomplish difficult work even though they are remotely located or rarely overlap in time. Major corporations launch global teams, expecting that technology will make “virtual collocation” possible. Fede...
متن کاملDistance Matters! Shareholder Proximity and Corporate Policies
This paper investigates whether proximity to institutional shareholders influences corporate policies. We find that firms with high local institutional ownership are more profitable, less risky, and have a better governance structure. Specifically, these firms are less likely to engage in undesirable corporate activities such as aggressive earnings management or option back-dating and are there...
متن کاملDistance Still Matters: Evidence from Municipal Bond Underwriting
We provide evidence of “soft” information production in investment banking. Using 2191 municipal bond offerings from 1997-2001, we find that “local” investment banks have substantial comparative and absolute advantages over non-local counterparts – locals charge lower fees and sell bonds at lower yields. Local investment banks’ strongest comparative advantage is at underwriting bonds with highe...
متن کاملDistance Matters: Geo-social Metrics for Online Social Networks
Online Social Networks (OSNs) are increasingly becoming one of the key media of communication over the Internet. The potential of these services as the basis to gather statistics and exploit information about user behavior is appealing and, as a consequence, the number of applications developed for these purposes has been soaring. At the same time, users are now willing to share information abo...
متن کاملPhilosophy matters in brain matters
PURPOSE Although most neuroscientists and physicians would argue against Cartesian dualism, Descartes's version of the psyche/soma divide, which has been controversial since he proposed it in the seventeenth century, continues to haunt contemporary neurological diagnoses through terms such as functional, organic, and psychogenic. Drawing on my own experiences as a person with medically unexplai...
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ژورنال
عنوان ژورنال: Journal of Trauma and Acute Care Surgery
سال: 2017
ISSN: 2163-0755
DOI: 10.1097/ta.0000000000001508