We investigate the impacts of electricity market restructuring on fuel effciency, utilization and, new to this area, cost of coal purchases among coal-fired power plants using a panel data set from 1991 to 2005. Our study focuses exclusively on coal-fired power plants and uses panel data covering several years after implementation of restructuring. The estimation compares how investor-owned (IO...

I examine how financially distressed firms choose among three alternatives: traditional Chapter 11 bankruptcy, prepackaged bankruptcy, and out-of-court restructuring. In doing so, I investigate firm performance and capital structure, as well as the previously undocumented role of managerial discretion. My sample consists of 198 observations and 174 poorly performing firms that start restructuri...

Bank Rakyat Indonesia (BRI) succeeded in loan restructuring the Micro Small Medium Enterprises (MSMEs) segment. Loan has pushing BRI to achieve highest financial performance. This study aims determine success factors of BRI's restructuring. The research object is Credit Restructuring and Recovery Division. applies a qualitative case study. Interviews documentation were used collect data. findin...

Xyloglucan endotransglycosylases (XETs) cleave and then re-join xyloglucan chains and may thus contribute to both wall-assembly and wall-loosening. The present experiments demonstrate the simultaneous occurrence in vivo of two types of interpolymeric transglycosylation: "integrational" (in which a newly secreted xyloglucan reacts with a previously wall-bound one) and "restructuring" (in which o...

The voting arrangements used by creditors during debt restructuring are prespecified, often by statute. For example, U.S. law stipulates unanimous agreement outside bankruptcy, but allows for a supermajority vote in Chapter 11 bankruptcy. We analyze the effect of voting rules on the welfare of debtors and their creditors in restructuring negotiations. When markets are liquid, the “toughness” en...

A major restructuring of the Sophomore level “Introduction to Design Theory” course at the United States Air Force Academy has recently been completed. The most significant aspect of this restructuring is the addition of a redesign component to the course. In order to gauge the effectiveness of this restructuring, a questionnaire was developed to determine student rating of the course content l...

P roviding high quality emergency care to acutely ill and injured patients has become more challenging than ever. There are increasing pressures from all sorts of different directions. Patients quite rightly expect better treatment, delivered with better communication. At the same time, emergency treatments have become increasingly sophisticated. As a result, it might be expected that it would ...

Poor branching decisions in a search tree can increase solve time by orders of magnitude. We introduce a new approach where, instead of committing to the tree so far, we restructure the tree throughout the search. This has the advantages of removing unnecessary decisions from the tree and relocating important decisions closer to the root. We define two tree-modifying operators: delete and promo...

The compaction of granular packings or soils is a collective process which for higher densities becomes increasingly slower reaching glassy behaviour. We present a study of this problem from various points of view, in particular we will represent the evolving force network that percolates through the system by an inverse fiber rupture model.

The paper deals with the policies for an idealized transition of a National System of Innovation (NSI) from a system reflecting a relatively closed industrializing economy to an NSI which reflects the conditions of a well-developed "Information Society" and "Learning Economy". The analysis of the transition process analyse the NSI from the viewpoint of the needs of the existing firms of the bus...