Search results
1 – 10 of 148In order to develop our understanding of valuation models and so extend this to encompass the important area of performance measurement and its interpretation, it is essential to…
Abstract
In order to develop our understanding of valuation models and so extend this to encompass the important area of performance measurement and its interpretation, it is essential to have a framework which will enable such developments to take place. This paper presents a theoretical model based on a certainty equivalent approach which enables the market risk of individual properties and portfolios to be assessed on an expectations basis. The data requirements for using the model are not onerous and with simple extensions it can be adapted to cope with changes in risk that occur when variations in the lease structure are anticipated. Understanding the influence of systematic or market risk is essential if our understanding of valuation is to improve. Systematic risk is the single most important factor which determines the premium which should be allowed to compensate for risk. This aspect has been largely ignored in the property literature with the result that risk premium figures are frequently assumed to be constant across all sectors and properties. This paper derives a model which attempts to overcome some of these problems. Due to data limitations empirical tests of the model cannot be regarded as conclusive. However, those tests that have been carried out suggest that the model could be used for estimating the required rate of return of both sectors and individual properties. It also has considerable potential in estimating growth expectations for groups of properties and can thus be used in the decision‐making process. Much, however, remains to be done.
Details
Keywords
J.A. von Fraunhofer and G.A. Pickup
In the previous two articles the emphasis was on wet and electrochemical techniques, with particular reference to the potentiostat. The physical examination of corrosion products…
Abstract
In the previous two articles the emphasis was on wet and electrochemical techniques, with particular reference to the potentiostat. The physical examination of corrosion products is of equal importance, especially, for example, in the study of oxidation by dry gases at elevated temperatures where electrochemical studies are not normally feasible. In this article the application of physical techniques to corrosion studies will be discussed.
Hüseyin Koçak, Turgut Öziş and Ahmet Yıldırım
This paper aims to apply He's homotopy perturbation method (HPM) to obtain solitary solutions for the nonlinear dispersive equations with fractional time derivatives.
Abstract
Purpose
This paper aims to apply He's homotopy perturbation method (HPM) to obtain solitary solutions for the nonlinear dispersive equations with fractional time derivatives.
Design/methodology/approach
The authors choose as an example the nonlinear dispersive and equations with fractional time derivatives to illustrate the validity and the advantages of the proposed method.
Findings
The paper extends the application of the HPM to obtain analytic and approximate solutions to the nonlinear dispersive equations with fractional time derivatives.
Originality/value
This paper extends the HPM to the equation with fractional time derivative.
Details
Keywords
WHEN the temperature of the gas reaches the high level, the molecules begin to break up into atoms or groups of atoms, which after recombination form new and smaller molecules of…
Abstract
WHEN the temperature of the gas reaches the high level, the molecules begin to break up into atoms or groups of atoms, which after recombination form new and smaller molecules of a simpler structure. For instance, tri‐atomic molecules after having been split form diatomic ones. This process is called the dissociation of gases. The newly‐formed molecules, when colliding, again form molecules of the original gas, so two processes are occurring simultaneously. However, the higher the temperature, the larger the percentage of dissociated molecules.
The study aims to examine the effect of knowledge management strategy (KMS) on knowledge-sharing behavior (KSB) and its subsequent effect on knowledge performance (KP). It also…
Abstract
Purpose
The study aims to examine the effect of knowledge management strategy (KMS) on knowledge-sharing behavior (KSB) and its subsequent effect on knowledge performance (KP). It also throws light on the mediating role of KM enablers (KMEs) and KSB.
Design/methodology/approach
In purview of previous literature, several hypotheses were framed. Structural equation modeling (SEM) using SPSS 20, PROCESS macro and AMOS 20 was used to examine the research hypotheses in a sample of empirical data collected from 350 employees of information technology (IT) service provider firms.
Findings
This paper empirically proves the existence of mediation effect of the proposed mediators (KME, KSB) between predictors (KMS, KSB) and outcomes (KSB, KP) in different hypothesized relationships. Result provides empirical evidence toward the positive influence of KMS dimensions (internal-oriented KMS, external-oriented KMS) on KSB and also confirms the influence of KSB on KP.
Research limitations/implications
This study examines the effect of KMS and KSB on KP with reference to the IT sector, thereby limiting generalization to other sectors. Practical and managerial implications have been discussed in the later sections of the study.
Originality/value
This study adds value to the existing KM literature by adjoining the links among knowledge strategy, sharing behavior and performance.
Details
Keywords
A scheme for conversion from magnetic tape to computer control of an industrial robot has been developed. Programming has been extended from the normal teach capability to…
Abstract
A scheme for conversion from magnetic tape to computer control of an industrial robot has been developed. Programming has been extended from the normal teach capability to operation from a remote hand‐held joystick as well as from the computer console.
FAILURE of panels under static compression, or for that matter under any loads, involves a vast array of problems ranging from properties of material to initial instability and…
Abstract
FAILURE of panels under static compression, or for that matter under any loads, involves a vast array of problems ranging from properties of material to initial instability and post‐buckling phenomena as occurring in various types of panels. It is not intended here to do justice to all these aspects of the subject but to select a single—but at the same time very important—topic, develop its analysis as fully as possible, and present the results in a readily applicable form. The structure investigated is the single skin stiffened panel under compression and the mode of failure considered, denoted by flexural cum torsional failure, involves predominantly flexure and torsion of the stringer with a wavelength of greater order of magnitude than stringer height and pitch. By torsional deformation of the stringer we understand a rotation of its undistorted cross‐section about a longitudinal axis R in the plane of the plate, the position of which will be selected later on (see FIG. 1b). The panel may, of course, also fail in a local mode of stringer and plate with a short wave‐length of the order of magnitude of stringer height and pitch, but the analysis of this case is not included here (see, however, Argyris and Dunne). Note that a local mode of deformation of a stringer formed by straight walls is commonly defined as a distortion of the cross‐section in which the longitudinal edges where two adjacent walls meet remain straight (see FIG. 1c).