This paper explores rent-seeking behavior in a heavily regulated equity-financing market. Using manually-collected information about ownership changes from China's IPO application filings for the Growth Enterprise Market (GEM), we find that over a third of firms receive late-stage private equity...

To investigate the coupled conduction-radiation heat transfer in C/SiC composites, a multiscale numerical method is proposed in this paper. The multiscale method combines a three-scale physical model and a multiscale mathematical method for predicting the thermal conductivity of composite...

"Almost all economists, whether classical, neoclassical or Marxist, have failed in their analyses of capitalism to take into account the underpinning systems of accounting. This book draws attention to this lacuna, focusing specifically on the concept of capital: a major concept that dominates...

Purpose This chapter gives in “Introduction to the Human Capital Issue” a critical analysis of the standard (economic) Human Capital (HC) theory, with the help of some “traditional” (founding) accounting concepts. From this study, to avoid the accounting and social issues highlighted in...

This paper has three objectives: (1) To introduce a theoretical solution to the issue of non-additivity between assets in place, relying on an accounting-based valuation approach; (2) To explain how such an approach can be implemented empirically by measuring synergies between assets; (3) To...