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In this chapter we provide analytical and Monte Carlo evidence that Chow and Predictive tests can be consistent against alternatives that allow structural change to occur at either end of the sample. Attention is restricted to linear regression models that may have a break in the intercept. The results are based on a novel reparameterization of the actual and potential break point locations. Standard methods parameterize both of these locations as fixed fractions of the sample size. We parameterize these locations as more general integer-valued functions. Power at the ends of the sample is evaluated by letting both locations, as a percentage of the sample size, converge to 0 or 1. We find that for a potential break point function, the tests are consistent against alternatives that converge to 0 or 1 at sufficiently slow rates and are inconsistent against alternatives that converge sufficiently quickly. Monte Carlo evidence supports the theory though large samples are sometimes needed for reasonable power.

In the current environment, an important firm asset is the employee knowledge base, which in a large part depends on employee willingness to share information. Yet prior research has noted that while employees are delighted to reveal success they are often reluctant to reveal errors. While there are many factors affecting managers’ reluctance to reveal errors, this study focuses on cultural differences between Chinese migrants and Anglo residents as well as the role of acculturation. This is particularly relevant given the very significant foreign direct investment into China, and migration of managers and high-end technical staff from portions of Greater China to the management and higher technical classes of the Anglo world. Prior studies including Chow, Harrison, McKinnon, and Wu (1999a). Accounting, Organizations and Society, 24, 561–582, Chow, Deng, and Ho (2000). Journal of Management Accounting Research, 12, 65–95, and Tinsley and Pillutla (1998). Journal of International Business Studies, 29(4), 711–728, provide conflicting views and evidence for differences in information sharing between Chinese and Anglo managers, and there is no accounting or management literature that deals with changes in information sharing behavior in the migration process.

This study employs an experiment to test for differences in individuals’ willingness to share information about a prior costing error. Using a sample of students from two different nationalities drawn from a major Australian university (Australian and Hong Kong SAR, China), this study finds that migrant Chinese share less information than Anglo-Australians. This study further provides empirical evidence that the relative change in willingness to share this information when the supervisor is removed from the decision context is lower for the migrant Chinese than for the Anglo-Australians. Finally, this study finds evidence for acculturation as the willingness of migrant Chinese managers changes with the length of their stay in the new society. Acculturation occurs relatively quickly and highly acculturated Chinese information-sharing behavior is not significantly different from the Australian-born subjects.

The purpose of this study is to evaluate the nutritional effects in Wistar rats of supplementation with stand-alone saturated fatty acid (SFA) or monounsaturated fatty acid (MUFA), the replacement of SFA by MUFA and the combination of both (SFA + MUFA) over a long period of time (13 weeks).

In total, 30 Wistar rats were used and randomly assigned to receive (n = 6): control – lab chow; lard (L20%) – lab chow with added lard (20%); olive oil (O20%) – lab chow with added olive oil (20%); lard replacement with olive oil (L20% –O20%) – during six weeks lab chow with added lard (20%) replaced by lab chow with added olive oil (20%) given during the past seven weeks of the trial; lard combination with olive oil (L10% + O10%) – lab chow with added lard (10%) and olive oil (10%). Food and caloric intake, weight gain, food and energy efficiency, body mass index, bone mineral composition and blood biochemistry were evaluated.

All diets with added fatty acids showed higher energy intake (p < 0.001), weight gain (p = 0.01), accumulation of adipose tissue (p = 0.02) and food and energy efficiency (p = 0.01) compared to the control group. All groups exhibited higher levels of blood triglycerides compared to the control group (p = 0.02). In addition, the L10% + O10% group developed hyperglycemia (p < 0.001); the L group showed higher amounts of non- high density lipoprotein (HDL-c) (p = 0.04); and the L20%−O20% group exhibited high levels of the triglyceride/HDL-c ratio (p = 0.04) in relation to the control.

These results indicate that regardless of the fatty acid type, consumption in large quantities of fatty acids for long periods of time can cause obesity and dyslipidemia.

We examine the empirical relationship between direct equity agency costs measures and corporate governance control mechanisms to control equity agency costs. We measure the three direct agency cost proxies commonly used in the literature: the operating expense; asset turnover; and selling, general, and administrative (SGA) ratios. Internal corporate governance control mechanisms examined are inside ownership (IO), outside ownership concentration (OC), the size of the board of directors (BODs), and the composition of the BODs (proportion of nonexecutive (NE) directors and separation of chief executive officer (CEO) and board chair). The external corporate governance control mechanism examined is the size of bank debt (short-term debt). Univariate and multivariate tests reveal that the only statistically significant relationship between corporate governance control mechanisms and direct equity agency cost measures is the negative relationship between the proportion of IO and direct agency costs. The asset utilization ratio (asset turnover) ratio is the best proxy for direct equity agency costs and can be useful for event studies of announcement period excess returns.

The purpose of this paper is to explore multilingual access in digital libraries and to present a case study of creating bilingual metadata records for the Tse-Tsung Chow Collection of Chinese Scrolls and Fan Paintings. The project, undertaken at the University of Wisconsin-Milwaukee Libraries, provides access to digital copies of calligraphic and painted Chinese scrolls and fans from the collection donated by Prof Tse-Tsung Chow (Cezong Zhou).

This paper examines the current approaches to multilingual indexing and retrieval in digital collections and presents a model of creating bilingual parallel records that combines translation with controlled vocabulary mapping.

Creating multilingual metadata records for cultural heritage materials is in an early phase of development. Bilingual metadata created through human translation and controlled vocabulary mapping represents one of the approaches to multilingual access in digital libraries. Multilingual indexing of collections of international origin addresses the linguistic needs of the target audience, connects the digitized objects to their respective cultures and contributes to richer descriptive records. The approach that relies on human translation and research can be undertaken in small-scale digitization projects of rare cultural heritage materials. Language and subject expertise are required to create bilingual metadata records.

This paper presents the results of a case study. The approach to multilingual access that involves research, and it relies on human translation that can only be undertaken in small-scale projects.

This case study of creating parallel records with a combination of translation and vocabulary mapping can be useful for designing similar bilingual digital collections.

This paper also discusses the obligations of holding institutions in undertaking digital conversion of the cultural heritage materials that originated in other countries, especially in regard to providing metadata records that reflect the language of the originating community.

The research and practice in multilingual indexing of cultural heritage materials are very limited. There are no standardized models of how to approach building multilingual digital collections. This case study presents a model of providing bilingual access and enhancing the intellectual control of cultural heritage collections.

Consequent to an arson fire killing 17 persons in a Hong Kong karaoke in 1997, fire safety provisions in karaokes has raised public concern. Government officers and the services industry have agreed to upgrade fire safety provisions. But before deciding what to do, facilities for the existing karaokes are the subject of a review. A simple fire safety ranking system was proposed in 1999 for existing karaokes. They were grouped on the basis of their fire facilities and management system. The system was criticized for being inapplicable to local industry, as a result of failing to solicit views from the services industry. That system has since been revised. Trial runs in 19 existing karaokes were carried out in 2000. Now, the system is more suited for local use as it is simple. Hence advocates the use of the system to the Hong Kong Fire Authority for assessing fire safety of existing karaokes.

The purpose of this paper is to check and fill the gap between the existing fire safety regulations for newly built tall buildings in Bulgaria and those in areas with rapid economic growth in the Asia-Oceania regions like the Hong Kong Special Administrative Region and Mainland China, by making comparative analysis and identifying good practices. The main focus is on the development of fire safety designs, facilities and management, which shall be recognized as essential parts of facility management in tall buildings.

Bulgarian regulations are analyzed and then compared with those in the Hong Kong Special Administrative Region and Mainland China. In addition, the scientific aspect of fire load density in the fire codes is discussed. The possibility of implementing a fire engineering approach to supplement prescriptive codes is outlined. The essential roles of fire safety management and fire safety culture are presented.

Key points and recommendations that are worthy for discussion about incorporation in the Bulgarian tall buildings fire safety requirements are upgraded requirements for fire load density, detection and sprinkler systems in tall residential buildings, refuge floors, ventilation/air conditioning control systems, full-scale burning tests and fire engineering approach. The importance of fire safety management is emphasized as a main, key component in facility management.

The research is the first study focusing on implementation of additional and specific fire safety regulations for tall buildings in Bulgaria.

This paper examines the Random Walk Hypothesis (RWH) for aggregate New Zealand share market returns, as well as the CRSP NYSE‐AMEX (USA) index during the 1980‐2001 period. Using several indices, we rely on the variance‐ratio test and find evidence to support the rejection of the RWH with some evidence of a momentum effect. However, we find evidence to suggest the behaviour of share prices to be time‐dependent in New Zealand. For example, we find the indices tested were closer to random after the 1987 share market crash. Further analysis showed even stronger results for periods subsequent to the passage of the Companies Act 1993 and the Financial Reporting Act 1993. We also find evidence that indices based on large capitalisation stocks are more likely to follow a random walk compared to those based on smaller stocks. For the USA index, we find stronger evidence of random behaviour in our sample period compared to the earlier period examined by Lo and Mackinlay (1988)

To present conversion of the advection upwind splitting method (AUSM+) from the conventional density‐based and coupled formulation to the pressure‐based and segregated formulation.

The spatial discretization is done by a finite volume method. A collocated grid cell‐center formulation is used. The pressure‐correction procedure is set up in the usual way for a compressible flow problem. The conventional Rhie‐Chow interpolation methodology for the determination of the transporting velocity, and the conventional central interpolation for the pressure at the control volume faces, are replaced by AUSM+ definitions.

The AUSM+ flux definitions are spontaneously well suited for use in a collocated pressure‐correction formulation. The formulation does not require extensions to these flux definitions. As a consequence, the results of a density‐based fully coupled method, are identical to the results of a pressure‐based segregated formulation. The advantage of the pressure‐correction method with respect to the density‐based method, is the higher efficiency for low Mach number applications. The advantage of the AUSM+ flux definition for the transporting velocity with respect to the conventional Rhie‐Chow interpolation, is the improved accuracy in high Mach number flows. As a consequence, the combination of AUSM+ with a pressure‐correction method leads to an algorithm with improved performance for flows at all Mach numbers.

A new methodology, with obvious advantages, is composed by the combination of ingredients from an existing spatial discretization method (AUSM+) and an existing time stepping method (pressure‐correction).

Cultural studies in business and economics research are still limited to particular cultures. Knowledge on cultural differences may help international corporations to adapt management practices according to the markets they are operating in. The purpose of this paper is to study the issue of escalation of commitment and framing in a new cultural setting involving Germany and Vietnam. This setting is unique and particularly interesting, for Germany being the biggest European market and Vietnam being one of the fastest growing emerging markets in Asia.

The authors use a lab experiment with student participants from Germany and Vietnam.

In a 2×2 in between-experiment, the authors find strong support that Vietnamese participants have a stronger tendency to invest additional resources and evidence that negatively framed information leads to the higher escalation of commitment. Implications are discussed.

The unique empirical comparison is important because differences between other western and eastern countries do not necessarily generalize to the setting.