We use different types of fibers to produce yarn. Cotton still remains the most important natural fiber and is therefore treated in depth at our textile manufacturing in Shaoxing. Many variable processes are available at the spinning and fabric-forming stages coupled with the complexities of the fi...
Introduction A large asset-pricing literature seeks to explain the cross-sectional pattern of stock returns based on exposures to aggregate risk factors such as size and book-to-market ratios, or firm-specific risk linked to observable firm characteristics. One variable that has so far been ...
He was able to use the RR variable stars to determine the distances to 93 globular clusters, and realized that they were much farther than had been thought, with some as far away as 100,000 light years. He also realized that almost all of the globular clusters he was observing were in ...
Today, businesses such as "merchants and master manufacturers" are not the only capital owners. Rather, in the U.S., states have amassed significant amounts of capital and control of business through state pension funds. This raises the question of whether the actions of public pension funds ...
Vue.js is a widely adopted framework known for its flexibility and gradual adoption, making it suitable for both small projects and large applications. On the other hand, Svelte stands out with its compiler-based approach, which results in highly efficient and performant code, making it an ...
To avoid a shareholder vote, acquirers increase equity issuance and cut payout to raise the portion of cash in mixed-payment deals. Employing a regression discontinuity design, we show a positive causal effect of shareholder voting con- centrated among acquirers with higher institutional ownership. ...
Abstract ESG ratings deliver the short-hand evaluation that investors need to incorporate environmental, social, and governance aspects in their decision-making. In this capacity, they give direction to the ESG movement and define its objectives. The paper argues that an ESG rating can serve two ...
and procedures 37 Events after the reporting date 38 Authorisation of financial statements Appendices to the IFRS Example Consolidated Financial Statements Appendix A: Organising the statement of profit or loss by function of expenses Appendix B: Statement of comprehensive income presented...
This was achieved by: Aiding the local economy in the places we travel We work very closely with the local communities through which we pass. The guides, cooks, porters and drivers employed for our trips come from the surrounding villages, as does much of our food and other supplies. ...