Most of the research in comparative corporate governance has, implicitly or explicitly, taken the US as benchmark. But recent corporate scandals, such as Enron and Worldcom, question this alleged supremacy. What went wrong? In this chapter we claim that the problem is not just lack of appropriate disclosure or legislation, but a more fundamental one: deficient incentives for the media to expose...

subject in the following involved, not to say ungrammatical, sentence: " I may add that, as Surgeon to the Evelina Hospital for Children, these deformities of the body have occupied much of my thought and attention, with an earnest desire to erase from the chapter of accidents as many as possible of such unsightly disfigurements; so that in the inevitable struggle for supremacy, in after life, ...

The social force model which belongs to the microscopic pedestrian studies has been considered as the supremacy by many researchers and due to the main feature of reproducing the self-organized phenomena resulted from pedestrian dynamic. The Preferred Force which is a measurement of pedestrian’s motivation to adapt his actual velocity to his desired velocity is an essential term on which the mo...

This article discusses the limits of the transaction cost explanation of the existence of the firm. It develops three simple models that compare the profitability of firms and markets, two without transaction costs related to market trading. In both firms and markets it is assumed that skills increase due to a static specialisation effect. In addition, in the first two models, firms benefit fro...

An Unified Power Flow Controller (UPFC) is a typical Flexible AC Transmission System (FACTS) device playing a vital role as a stability aid for large transient disturbances in an interconnected power system.This paper deals with the design of Feedback Linearising Controller (FBLC) for UPFC.The disturbances are created in the SMIB system and the results are simulated.The results proved the supre...

Ohm’s law, a linear drift velocity response to the applied electric field, has been and continues to be the basis for characterizing, evaluating performance, and designing integrated circuits, but is shown not to hold its supremacy as channel lengths are being scaled down. In the high electric field, the collision-free ballistic transport is predicted, while in low electric field the transport ...

Data stream is a newly emerging data model for applications like environment monitoring, Web click stream, network traffic monitoring, etc. It consists of an infinite sequence of data points accompanied with timestamp coming from external data source. Typically data sources are located onsite and very vulnerable to external attacks and natural calamities, thus outliers are very common in the da...

This paper characterizes general optimization problems into four categories based on the solution representation schemes, as they have been the key to the design of various evolutionary algorithms (EAs). Four EAs have been designed for different formulations with the aim of utilizing similar and generalized strategies for all of them. Several modifications to the existing EAs have been proposed...