A firm’s announcement that it intends to restructure based on tracking stock is usually associated with a significantly positive stock price reaction, at least in the short-run. Typically, this reaction has been attributed to expected reductions in a diversification discount, via reduced agency costs and/or reduced informational asymmetries. The existing literature has investigated this latter ...

The traditional view of iconic memory as a precategorical, high-capacity, quickly decaying visible memory has recently come under attack (e.g., Coltheart, 1980). Specifically, distinctions have been drawn between visible persistence, or the phenomenal trace of an extinguished stimulus, and informational persistence, knowledge about the visual properties of the stimulus. In the present research ...

With ever-increasing amounts of information on the World Wide Web, an effective interface for displaying search results is required. Recent studies have developed various novel approaches for visual summaries, aiming to improve the effectiveness of search results. In this study we evaluate the effectiveness of four types of visual summary: thumbnails, salient images, visual snippets and visual ...