The Case of Sovereign Wealth Funds: A New (Old) Force in the Capital Markets

2017 ◽  
pp. 1-9
Author(s):  
George (Yiorgos) Allayannis ◽  
Rachel Loeffler
Keyword(s):  
Financial Services ◽  
Sovereign Wealth Funds ◽  
Investment Activity ◽  
Subprime Mortgage ◽  
Services Sector ◽  
The Road ◽  
Mortgage Crisis ◽  
On The Road ◽  
Global Financial System

In mid-January 2008, Merrill Lynch announced a $6.6 billion mandatory convertible-preferred share issuance, much of which was placed privately with the Kuwait Investment Authority (KIA), the Korean Investment Corporation (KIC), and the Mizuho Corporate Bank. The case is set during the subprime-mortgage crisis, which plagued banks and depleted their capital. It focuses on the decision of John Thain to issue capital and place it with sovereign wealth funds (SWFs) in an effort to stabilize the company and put it on the road to growth and profitability again. The case describes the various types and origins of SWFs, their orientation, and their recent intensive investment activity in the global financial-services sector. The case also discusses the transparency of SWFs and their role in the global financial system as liquidity-providing long-term players. Finally, Merrill Lynch's decision to issue the specific financial instrument to replenish its capital (mandatory convertible-preferred) and its terms are analyzed.

scholarly journals Kebijakan Peraturan OJK Terhadap Perbankan Syariah dalam Menghadapi Wabah Covid-19 di Era New Normal

2021 ◽  
Vol 4 (1) ◽  
pp. 43
Author(s):  
Inna Fauzi ◽  
Yassirlana Anjani
Keyword(s):  
Customer Service ◽  
Financial Services ◽  
Islamic Banking ◽  
Work Processes ◽  
Industry Growth ◽  
Services Sector ◽  
The Face ◽  
Descriptive Qualitative

<p><em>This study aims to examine the policy of Islamic banking law in maintaining its existence in the face of the plague that is hitting Indonesia. OJK (Financial Services Authority) has also made a number of policies that are used as an effort to save the economy in Indonesia. One of the regulations is stated in POJK  Number 18 / POJK.03 / 2020 concerning "Written Orders for Handling Bank Problems". The legal policy used by Islamic banking is to measure the new OJK regulations as the organizer of an integrated regulatory and supervisory system of all activities in the financial services sector. The method used in this research is descriptive qualitative. The method used in this research is descriptive qualitative. related to the world of banking. The method used in this research is descriptive qualitative. The object of this research is Islamic banking which has more religious wisdom. The results of this study indicate that Islamic banking is making service updates, considering that the transition of the banking world to digital can increase the efficiency of work processes and improve the quality of customer service, by digitizing during the pandemic. The bank has made long-term investments and it is projected that digital services will be one of the main drivers of sustainable banking industry growth in the context of fulfilling POJK Number 18 / POJK.03 / 2020.</em></p><p><em><br /></em></p>

A Closer Look at the Culture of Infidelity

2020 ◽  
pp. 180-200
Author(s):  
Steven M. Ortiz
Keyword(s):  
Professional Sports ◽  
Short Term ◽  
The Road ◽  
Emotional Relationships ◽  
The World ◽  
On The Road ◽  
The One ◽  
Communication Methods

This chapter takes a deeper look at the culture of infidelity that pervades the world of professional sports, why wives share a universal fear that their husbands will be unfaithful, and how they are affected by the possibility or actuality that their husbands will engage in sexual or emotional relationships with other women. Three patterns of infidelity are identified in the context of the sport marriage: the one-time encounter, the short-term affair, and the long-term affair. The concept of suspicion work is introduced to examine how wives try to manage the fear that their husbands may succumb to temptation and to specify how denial can be part of this process. The chapter discusses re-entry routines and communication methods some couples use when husbands return from travel, and the boundaries of fidelity and forgiveness wives establish as they attempt to cope with the realities of their husbands’ lives on the road.

scholarly journals Accurate whole-night sleep monitoring with dry-contact ear-EEG

2019 ◽  
Vol 9 (1) ◽  
Author(s):  
Kaare B. Mikkelsen ◽  
Yousef R. Tabar ◽  
Simon L. Kappel ◽  
Christian B. Christensen ◽  
Hans O. Toft ◽  
...  
Keyword(s):  
High Performance ◽  
Well Being ◽  
Extensive Study ◽  
Sleep Monitoring ◽  
The Road ◽  
Scalp Eeg ◽  
Dry Contact ◽  
Negative Effect ◽  
On The Road

AbstractSleep is a key phenomenon to both understanding, diagnosing and treatment of many illnesses, as well as for studying health and well being in general. Today, the only widely accepted method for clinically monitoring sleep is the polysomnography (PSG), which is, however, both expensive to perform and influences the sleep. This has led to investigations into light weight electroencephalography (EEG) alternatives. However, there has been a substantial performance gap between proposed alternatives and PSG. Here we show results from an extensive study of 80 full night recordings of healthy participants wearing both PSG equipment and ear-EEG. We obtain automatic sleep scoring with an accuracy close to that achieved by manual scoring of scalp EEG (the current gold standard), using only ear-EEG as input, attaining an average Cohen’s kappa of 0.73. In addition, this high performance is present for all 20 subjects. Finally, 19/20 subjects found that the ear-EEG had little to no negative effect on their sleep, and subjects were generally able to apply the equipment without supervision. This finding marks a turning point on the road to clinical long term sleep monitoring: the question should no longer be whether ear-EEG could ever be used for clinical home sleep monitoring, but rather when it will be.

Ex-Servicemen on the Road: Travel and Homelessness

2000 ◽  
Vol 48 (3) ◽  
pp. 331-348 ◽  
Author(s):  
Paul Higate
Keyword(s):  
Alcohol Use ◽  
Gender Ideology ◽  
High Mobility ◽  
Homeless Population ◽  
The Road ◽  
On The Road ◽  
The Military ◽  
Open Road ◽  
Masculine Gender

An emerging literature has recently attempted to address the transitory characteristics of the single homeless population. In this paper I contribute to this focus by arguing that one way in which to account for the high mobility of the insecurely accommodated is to focus on its gendered groundings. Drawing on a study of seventeen homeless ex-servicemen, I explore the long-term influence of military-masculine gender ideology in a civilian environment pervaded by disadvantage. The themes of the emotions, camaraderie, alcohol use and ‘freedom from the military’ are discussed within an empirical and theoretical framework. In conclusion, it is suggested that a number of ex-servicemen are both disposed to, and equipped for, a life on the road, and may become ‘addicted’ to travel and fleeting fixedness to place. It is hoped that these comments have a wider generalisability, and may throw light on the deeper underpinnings of movement for homeless (non ex-service) men, a number of whom may romanticise their lives ‘on the open road'.

On the road in Highlands Papua New Guinea: intimacy and ethnographic method

2012 ◽  
Vol 12 (5) ◽  
pp. 575-587 ◽  
Author(s):  
Neil Maclean
Keyword(s):  
Papua New Guinea ◽  
Participant Observation ◽  
New Guinea ◽  
The Road ◽  
On The Road

Drawing on Schutz’s treatment of the We-relationship and of meaning contexts, and on Michael Jackson’s exploration of the ambiguities of the intersubjective, this article examines the methodological implications of the empathic orientation developed in the context of intimacy for a discipline based on participant observation. I argue that moments of ‘breakdown’, a classic way in which ethnographic questions are revealed, are predicated on the intentional dynamics of intersubjective relationships. I draw on a particular experience of ‘breakdown’ on an overnight truck trip in Highlands Papua New Guinea juxtaposed with expectations of intimacy developed over long-term fieldwork spanning 12 years.

scholarly journals Developing And Implementing A Measure Of Sustainability For Workforce And Economic Development Projects In Northeast Pennsylvania

2010 ◽  
Vol 8 (12) ◽  
Author(s):  
David M. Gilfoil ◽  
Robert T. Brill
Keyword(s):  
Economic Development ◽  
Workforce Development ◽  
Financial Services ◽  
Font Size ◽  
Validity And Reliability ◽  
Wall Street ◽  
Call To Action ◽  
Services Sector ◽  
Sustainability Index

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;"><span style="mso-bidi-font-size: 10.0pt;"><span style="font-size: x-small;"><span style="font-family: Times New Roman;">As part of a Wall Street West (WSW) grant, a project team was assembled to investigate the effectiveness of other WSW grantees working on various projects to impact the long term economic development of the financial services sector of the Northeast Pennsylvania (NEPA) corridor.<span style="mso-spacerun: yes;">&nbsp; </span>Because sustainability of grant work was deemed critical by project leaders, a literature search was undertaken to identify factors that contribute to sustainability.<span style="mso-spacerun: yes;">&nbsp; </span>Twelve factors were culled from the literature, reviewed with WSW executives and project grantees, and ultimately combined (using a BARS assessment methodology) to form an economic or workforce development Sustainability Index.<span style="mso-spacerun: yes;">&nbsp; </span>This paper reviews the logic and the steps taken to develop the Sustainability Index, discusses the validity and reliability of the instrument, and shows how it was used to measure and report the relative importance of sustainability factors in economic development activities.<span style="mso-spacerun: yes;">&nbsp; </span>The authors issue a call to action to further develop and refine the instrument across a variety of application venues.</span></span></span></p>

scholarly journals The Road to Accountable and Dependable Manufacturing

Automation ◽  
2021 ◽  
Vol 2 (3) ◽  
pp. 202-219
Author(s):  
Jan Pennekamp ◽  
Roman Matzutt ◽  
Salil S. Kanhere ◽  
Jens Hiller ◽  
Klaus Wehrle
Keyword(s):  
Product Information ◽  
Product Lifecycle Management ◽  
Security And Privacy ◽  
Efficient Production ◽  
Business Relationships ◽  
Process Data ◽  
The Road ◽  
Blockchain Technology ◽  
On The Road

The Internet of Things provides manufacturing with rich data for increased automation. Beyond company-internal data exploitation, the sharing of product and manufacturing process data along and across supply chains enables more efficient production flows and product lifecycle management. Even more, data-based automation facilitates short-lived ad hoc collaborations, realizing highly dynamic business relationships for sustainable exploitation of production resources and capacities. However, the sharing and use of business data across manufacturers and with end customers add requirements on data accountability, verifiability, and reliability and needs to consider security and privacy demands. While research has already identified blockchain technology as a key technology to address these challenges, current solutions mainly evolve around logistics or focus on established business relationships instead of automated but highly dynamic collaborations that cannot draw upon long-term trust relationships. We identify three open research areas on the road to such a truly accountable and dependable manufacturing enabled by blockchain technology: blockchain-inherent challenges, scenario-driven challenges, and socio-economic challenges. Especially tackling the scenario-driven challenges, we discuss requirements and options for realizing a blockchain-based trustworthy information store and outline its use for automation to achieve a reliable sharing of product information, efficient and dependable collaboration, and dynamic distributed markets without requiring established long-term trust.

Adhesive-Free Bonding of Web-Like Plastic-Metal Combinations at Low Temperatures

2019 ◽  
Vol 809 ◽  
pp. 392-397
Author(s):  
Andreas Lehm ◽  
Diana Romstedt ◽  
Vinzenz Schoenberner ◽  
Hannes Till Meyer ◽  
Marko Eichler
Keyword(s):  
Low Temperatures ◽  
Research Projects ◽  
The Road ◽  
The Past ◽  
Plastic Metal ◽  
On The Road ◽  
New Research ◽  
Polymer Foils ◽  
Technology Focus

A couple of research projects could demonstrate the adhesive-free bonding of metal and polymer foils very well in the past. The remaining issues on the road to industrial usage of this technology focus on higher process velocities, quality management and process behaviour during long-term usage. For this purpose, a new research project was initiated to concentrate on the maximum achievable adhesion between the two bonding partners at line speeds up to 10 m/min

The IMO Initial Strategy for the Reduction of GHGs from International Shipping: A Commentary

2019 ◽  
Vol 34 (3) ◽  
pp. 482-512
Author(s):  
Aldo Chircop
Keyword(s):  
International Standards ◽  
Shipping Industry ◽  
Short Term ◽  
International Convention ◽  
International Shipping ◽  
The Road ◽  
Initial Strategy ◽  
On The Road

AbstractIn 2018 the IMO adopted the initial Strategy for the international shipping industry’s reduction of global greenhouse gas emissions towards achieving the goal set in the 2015 Paris Agreement. At this time the Strategy is no more than a preliminary structure to frame the measures that will need to be adopted for the short, medium and long terms. In the short term (2018–2023) a first suite of measures will be adopted, and the initial Strategy will be revised and adopted as changed in 2023 with proposed measures for the medium term (2023–2030) and long term (2030–2050 and beyond). New international standards, tools and best practices will be needed to supplement the existing energy efficiency management rules in the International Convention on the Prevention of Pollution from Ships, 1973/78. This article discusses the Strategy and the role of the IMO in leading the shipping industry on the road to decarbonization.

scholarly journals Construction of a dynamic arrival time coverage map for emergency medical services

2018 ◽  
Vol 10 (1) ◽  
pp. 167-173 ◽  
Author(s):  
Adam Piórkowski
Keyword(s):  
Emergency Medical Services ◽  
Arrival Time ◽  
Medical Services ◽  
The Road ◽  
Emergency Medical ◽  
Long Term Trends ◽  
Static Version ◽  
On The Road ◽  
Dynamic Version

Abstract This article presents a design of coverage maps for emergency journeys made by emergency medical services. The system was designed for the Malopolskie Voivodeship Office in Cracow, Poland. The proposed solution displays maps of the ambulance coverage of areas and ambulance’s potential journey times. There are two versions of the map: static and dynamic. The static version is used to appropriately allocate ambulances to cover an area with the ability to reach locations in less than 15 or 20 minutes; the dynamic version allows monitoring of ambulance fleets under normal conditions or in the event of a crisis. The article also presents the results of archival data related to the movement of ambulances on the roads of Malopolskie Voivodship. Particular attention was paid to the relation between the speed of vehicles and the traffic on the road, the day of the week or month, and long-term trends. The collected observations made it possible to assume a general model of ambulance movement in the voivodeship to calculate arrival time coverage maps.

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