In a multiperiod investment framework, firms with high expected growth earn higher expected returns than firms with low expected growth, holding investment and expected profitability constant. This paper forms cross-sectional growth forecasts, and constructs an expected growth factor that yields...

Der vom Bundesministerium für Wirtschaft und Energie initiierte Fachdialog Ordnungsrahmen für die digitale Wirtschaft soll staatlichen Handlungsbedarf und staatliche Handlungsoptionen für die Etablierung eines kohärenten Ordnungsrahmens aufzeigen, der Wirtschaft und Gesellschaft einerseits...

Communispace is the market leader in creating and managing private, brand-focused online communities for major corporate clients. These communities have provided its clients with insights into how consumers view their brands, with quick feedback on potential marketing decisions, and with a...

The current second round distress in the Nigerian financial system within two decades is capable of causing a total systemic collapse of the entire Nigerian financial system (which includes the organs of the capital market). The approach of this article is not to look at AMCON alone as an...

According to PETWORLD financials, the year 2012 had seen a dip in sales, fewer people coming into its stores, and comparable store sales that were weaker than expected. Competition in the pet-care market was increasingly fierce with a variety of players, big and small, fighting for market share....

Individual vulnerability has triggered a vivid debate in the data protection field. However, the efforts to define and protect vulnerable individuals in data protection law (building on a blurred notion of “data power” imbalance) appear still incomplete, under both a theoretical and a...

Lignin hydropyrolysis characteristics were investigated in a high-pressure micro-reactor with on-line analysis. The effects of atmosphere, pressure, and temperature on product formation during lignin pyrolysis were quantitatively studied. The formation mechanisms of typical products were...