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The Ecological Importance of High-Severity Fires, presents information on the current paradigm shift in the way people think about wildfire and ecosystems. While much of the current forest management in fire-adapted ecosystems, especially forests, is focused on fire prevention and suppression, little has been reported on the ecological role of fire, and nothing has been presented on the importance of high-severity fire with regards to the maintenance of native biodiversity and fire-dependent ecosystems and species. This text fills that void, providing a comprehensive reference for documenting and synthesizing fire's ecological role
In: A RAND note N-3501-HCFA
In: RAND Library collection
World Affairs Online
In: [Report] R-3887-HCFA
In: Rand library collection
Underpricing refers to the phenomenon of abnormal first-day returns from initial public offerings (IPOs). Without doubt, any US investor would agree that one day-returns of 11.4% on average are exceptional and a worthwhile investment. Since then many studies have proven that it is a persistent phenomenon and also occurs on markets all over the world. The most puzzling question for scientists is why companies are leaving this money on the table and do not set an offering price that reflects the market demand at the offering date. The main focus of this paper is whether and how the findings of past research, primarily conducted for the US market, apply to the German IPO market. As a result, both investors and issuers shall receive practical implications for their decision-making within the IPO process. This study comprises a brief description of some important theoretical aspects that shape the price setting of an IPO. It focuses on business valuation as it is the basis for setting the price of an IPO. Furthermore, the most common price setting mechanisms are explained. Past research results and theories with regard to IPO underpricing will be outlined and put into relation to the upcoming analysis. This also includes the long-run performance of IPOs and deals especially with the question of whether IPOs are systematically overvalued by investors and, if so, why. The empirical analysis consists of a deduction of influencing variables and an applying theoretical model. Finally, OLS results will be presented and interpreted, which also includes practical implications for both, issuers and investors. Justyna Dietrich, M.Sc., was born in 1984 in Jaslo (Poland). After finishing school in Germany, she decided to study Business Administration (B.A.) at the Berlin School of Economics and Law, majoring in Finance Accounting in 2009. These studies allowed the author to deepen her knowledge in financial markets resulting in the successful graduation in International Finance (M.Sc.) in 2010, also at the Berlin School of Economics and Law. While still studying, she also gained several years of practical experience in the IT sector. After graduation, she commenced her work in a business consulting company specializing in the financial industry. With a keen interest in Behavioral Finance and Strategy, the author decided to reflect IPO underpricing respectively from these two points of view.
In: DHHS publication
In: (OHDS) 81-30325
In: Diskussionspapierreihe Nr. 169
In: Health Systems Research Ser.
In: Transportation infrastructure : roads, highways, bridges, airports and mass transit
Intro -- ROADS AND DRIVERS -- ROADS AND DRIVERS -- CONTENTS -- PREFACE -- Chapter 1 CHARACTERISTICS OF CRASH INJURIES AMONG YOUNG, MIDDLE-AGED, AND OLDER DRIVERS: TECHNICAL REPORT* -- 1. Executive Summary -- 2. Introduction -- 2.1. Background -- 2.2. Object of the Study -- 3. Data and Methods -- 4. Driver Overall Injury Severity -- 4.1. Driver Overall Injury Severity -- 4.2. Driver Overall Injury Severity by Gender -- 5. Driver Injury Severity by Crash Modes -- 5.1. Driver Injury Severity in Rollover Crashes -- 5.2. Driver Injury Severity in Non-Rollover Crashes -- 5.3. Driver Injury Severity by Seat Belt Use -- 5.4. Logistic Regression Modeling on Driver Injury Severity -- 6. Driver Injured Body Region -- 6.1. Rollover Crashes -- 6.2. Non-Rollover Crashes -- Frontal Impact Crashes -- Right-Side Impact Crashes -- Rear-Impact Crashes -- Left-Side-Impact Crashes -- 7. Driver Injury Contact Sources -- 7.1. Rollover Crashes -- 7.2. Non-Rollover Crashes -- Frontal Impact Crashes -- Right-Side-Impact Crashes -- Rear-Impact Crashes -- Left-Side-Impact Crashes -- 8. Discussions -- 9. Conclusions -- References -- 11. Appendix -- 11.1. Driver Overall Injury Severity -- 11.2. Driver Overall Injury Severity by Gender -- 11.3. Driver Injury Severity by Crash Modes -- 11.4. Driver Injury Severity by Seat Belt Use -- 11.5. Driver Injured Body Region -- 11.6. Driver Injury Contact Sources -- Chapter 2 IMPROVING SAFETY AND MOBILITY FOR OLDER ROAD USERS IN AUSTRALIA AND JAPAN* -- Executive Summary -- 1. Background -- Purpose -- Organization of Report -- Scan Team Members -- Issues of Interest -- Host Delegations -- 2. A Systems Approach to Safety Benefits Older Road Users -- Strategic Safety Plans -- Strategic Partnering -- Local Governments -- Motoring Clubs -- Health Service Providers, Insurance Companies, and Retirement Planners.