Most Initial Public Offerings (IPOs) feature share lockup agreements, which prohibit insiders and other pre-IPO shareholders from selling their shares for a specified period of time following IPO. We explore possible reasons why some IPO firms voluntarily agree to have a much longer lockup...

Joint ownership of assets by two partners can have an adverse effect on the incentives to invest and can result in unstable and inefficient organizational structures. Control sharing, however, plays an important role in economic, political, and social institutions. There is scarce empirical...

Introduction, project objectives and project background: This initiative to this project, including the original project proposal, goes back to Professor Kevin Chen (he is no longer with the Department of Rural Economy). The project was initially scheduled to begin on 2004/05/01. When I took...

"This paper analyzes Alberta consumers' perceptions toward extrinsic and intrinsic attributes of bison and beef steaks. In contrast to published Canadian consumer studies on bison meat that were undertaken prior to May 2003, before the first BSE case of Canadian origin was identified in beef...

The quality and safety traceability system of agricultural products is an important measure to protect the quality and safety of agricultural products. Farmers and food enterprises are main operators of the traceability system. If they are effectively encouraged to practice traceability system,...

In China, the area of existing buildings in urban and rural has exceeded 43 billion m2 at present and more than 90% of them are high energy consumption buildings, which have poor thermal insulation performance, low energy efficiency technologies and equipments, and severe energy waste in HVAC...

This paper attempts to make use of a Copula-based GARCH (Generalized AutoRegressive Conditional Heteroskedasticity) Model to find out the relationships between the volatility of rubber futures returns in the Agricultural Futures Exchange of Thailand (AFET) and other four main markets, namely,...

Non-cyanide alkaline bath was used to prepare copper thin films. Influences of various temperatures on deposition rates, surface morphologies and microstructures of films were investigated. Copper thin films prepared from non-cyanide alkaline bath show typical nodular structures. Copper films...

As Chinese economy system has been depended more on the import of petroleum with the development of China, the change in the price of international oil have caused concern among economists and policy makers. This paper is to present a financial Computable General Equilibrium (CGE) model of the...

In this paper, we improve Lee–Seo’ bimodal image segmentation model using a regularization term. This regularization term will maintain the smoothness of the level set function and decrease the level set function’ oscillations around the desired steady state when the noise level is lager....