This paper empirically tests the impact of CEO's alumni relationships on the stock price crash risk during CEO turnover. Empirical tests find that CEOs' advantage among alumni networks will increase stock price crash risk during CEO turnover to some degree. However, this effect is built on the...

Warren Buffett is a long-term investor, but is required by law to disclose his trades on a quarterly basis. The market seems to under-react to the revelation of his trades. From 1980 to 2006, it has been possible to achieve investment results similar to Buffett's own simply by following his...

The weak inherent non-covalent interactions between carbon aerogel backbone nanoparticles obtained by pyrolysis of conventional organic aerogel can lead to poor mechanical properties. When applied in thermal protection system of high-speed spacecraft, the preparation of carbon aerogel insulation...

Inflation and foreign exchange raise new issues with respect to accounting representations of equity value. For example, inflation creates an earnings illusion as an artifact of the mismatching of expenses based on allocations of historical costs with current revenues in determining earnings....

The whole life of methanol fuel, produced by microalgae biomass which is a kind of renewable energy, is evaluated by using a method of life cycle assessment (LCA). LCA has been used to identify and quantify the environment emissions and energy efficiency of the system throughout the whole life...

A new conceptual perturbation model for characterizing the temperature fluctuation in living tissues was proposed based on the classical Pennes bioheat transfer equation. Closed-form analytical solutions to the new equation systems were obtained using the Green's function method. The...

A year-long field study of the thermal environment in university classrooms was conducted from March 2005 to May 2006 in Chongqing, China. This paper presents the occupants' thermal sensation votes and discusses the occupants' adaptive response and perception of the thermal environment in a...

Complex networks are constructed to study correlations between the closing prices for all US stocks that were traded over two periods of time (from July 2005 to August 2007; and from June 2007 to May 2009). The nodes are the stocks, and the connections are determined by cross correlations of the...

Prior research suggests that a high technology start-up's innovative capability and inter-firm network influence its performance and consequently, firm valuation. Few studies consider their joint influence and even fewer consider the temporal change of those effects on firm valuation. In this...