On December 6, 1999, under Public Law 106-129, the Agency for Health Care Policy and Research (AHCPR) was reauthorized and renamed the Agency for Healthcare Research and Quality (AHRQ). The law authorizes AHRQ to continue its research on the cost, quality, and outcomes of health care, and expands its role to improve patient safety and address medical errors. This report may be used, in whole or...

The European Topic Centre on Air Pollution and Climate Change Mitigation (ETC/ACM) is a consortium of European institutes under contract of the European Environment Agency RIVM UBA-V ÖKO AEAT EMISIA CHMI NILU VITO INERIS 4Sfera PBL CSIC 2 Front page picture: Picture recreating citizens' participation in air quality monitoring by using low-cost sensors during their daily life, such as when commu...

This paper tests a model based on Wall's (Wall, L., 1989. Journal of Banking and Finance 13, 261±270) hypothesis of agency cost reduction using interest rate swaps. We ®nd a signi®cant positive relationship between the risk of the ®rm and the reduction of agency costs measured by the continuously compounded excess return (CAR) of the ®rm. Our ®ndings are consistent with WallÕs hypothesis and ot...

The paper analyzes the information and agency cost effects of bank equity stakes in a universal banking system where banks can also be shareholders in borrowing firms. We test the agency and signaling hypotheses explaining the bank motivations for holding equity of borrowing firms in the Spanish market and we analyze the share abnormal returns around the announcements of bank equity holdings. T...

Heavily subsidizing essential health products through existing health infrastructure could substantially improve health in sub-Saharan Africa. There is, however, widespread concern that poor governance – in particular, limited health worker accountability – seriously undermines the effectiveness of subsidy programs. Using innovative audits of targeted bed net distribution programs in Ghana, Ken...

This paper focuses on different avenues of corporate social responsibility as alternative methods for alleviating agency problems between shareholders and bondholders. Specifically, the paper documents the relationship between capital structure (leverage) and corporate social responsibility. Using agency theory, a positive causal relationship is shown between leverage and certain corporate soci...

The budget outline the White House unveiled on 28 February caps a week of startling news for NASA. On orders from the White House, NASA managers last week told Congress they intend to cancel plans for a Pluto flyby and a mission to study the solar wind. The agency is also following orders to make major cuts to the international space station after acknowledging huge cost overruns in the orbitin...

This paper analyzes a multi-task agency framework where the agent exhibits task-specific abilities. It illustrates how incentive contracts account for the agent’s task-specific abilities if contractible performance measures do not reflect the agent’s multidimensional contribution to firm value. This paper further sheds light on potential ranking criteria for performance measures in multi-task p...

This study investigates the relationship between capital structure and financial performance. It also examines moderating effect of agency theory on proposed relationship. Panel secondary data is collected for 11 industry firms quoted Iraqi Stock Exchange during period 2004-2020. Financial performance measured using ROA MBV. According to analysis, findings confirm that has a significant negativ...