changes in credit risk may arise when either the value or the risk of corporate assets changes. changes in the equity value associated with the changes in the asset value and changes in asset risk can be characterized into potentially countervailing direct and indirect effects. the indirect effect of risk on equity value is a function of factors that affect the debt value of including leverage,...

BACKGROUND Holding orders help transition admitted emergency department (ED) patients to hospital beds. OBJECTIVE To describe the effect of ED holding orders. METHODS We conducted a single-site retrospective study of ward admissions from the ED to the hospital internal medicine (HIM) service over 2 years. Patients were classified based on whether the ED did (group 1) or did not (group 2) wr...

In the present study, we experimentally tested the role of hand motor circuits in simple-arithmetic strategies. Educated adults solved simple additions (e.g., 8 + 3) or simple subtractions (e.g., 11 - 3) while they were required to retrieve the answer from long-term memory (e.g., knowing that 8 + 3 = 11), to transform the problem by making an intermediate step (e.g., 8 + 3 = 8 + 2 + 1 = 10 + 1 ...

Today’s IP network layer provides little to no protection against misconfiguration or malice. Despite some progress in improving the robustness and security of the IP layer, misconfigurations and attacks still occur frequently. We show how a network layer that provides accountability, i.e., the ability to associate each action with the responsible entity, provides a firm foundation for defenses...

Yeast cells are known to actively partition organelles between the mother and bud during division. Mitochondria, for example, are subjected to both retention and ordered movement to ensure that a proper fraction of the organelles end up in each cell after cytokinesis. In the case of peroxisomes, researchers knew that a subset of the organelles moved into the bud in a myosin-dependent manner, bu...

By applying knowledge of the "turn-of-the-month" effect investors will improve the risk-adjusted performance of their retirement accounts by using a simple and easily implemented "switching" strategy. Our exploitation of the turn-of-the-month anomaly achieves a 17. 7 percent average annual rate of return by switching between a money market account and a broad market indexed stock account. This ...

The advent of New Zealand’s world-leading Digital Strategy underpins the increasing importance of ICTs in community settings. It also marks a significant change in government policy and the first time a government has adopted a whole of government approach to ICTs. This article provides a personal view of the policy process for creating the Digital Strategy, presented by one of the participants...

This paper will discuss recent initiatives to encourage the development of broadband networks in New Zealand. It is widely believed that the availability of good quality broadband will lead to improved economic development at the regional level. This paper considers the role played by both national and regional government in improving access to broadband. At a national level the government has ...

Organizations are increasingly adopting digital strategies and investing heavily in digital technologies and initiatives. However, to date, there does not appear to be a clear understanding of digital strategies and their purpose, which forms the motivation for this research. This research-in-progress study aims to address this research gap by exploring 1) the various conceptions of digital str...