Our thesis on cloud providers is: the market will consolidate to a few massively-scaled participants. Quizlet's traffic has grown at least 50% a year for the past 7 years. If this trend continues then our cloud footprint will inevitably scale up as well. It's imperative that Quizlet run...
The yellow bars are distributions of all eigenvalues calculated from the empirical correlation matrix of 468 daily logged return series, and the red curve is the theoretical distribution predicted from the random matrix theory by using a random matrix of the same size as the empirical correlation ...
The mean of financial leverage is 0.58, which indicates that the debt-to-asset ratio of the firm is 58%. The mean size of the companies is 13.8, with a minimum value of 9.01 and the maximum value of 19.27. Table 2. Descriptive statistics of variables. 4.2. Descriptive Statistics for ...
Aligned with the guiding principles espoused by influential entities such as the Organization for Economic Co-operation and Development (OECD) [20], environmental efficiency is conceptualized as the ratio of the value of products and services obtained by an economy in its production and operation ...
As a result, the impact of environmental regulation on the capability of enterprises to seek green innovation has become a hot topic in academic circles, and the influencing mechanism, prerequisite and approach of different types of environmental regulations have different incentive effects on green ...
𝑖i means the sharing ratio of project output for private investors and 0≤𝑖<10≤i<1. In some PPP projects, apart from the fixed payment, the private investors can also gain a certain sharing ratio of the output of projects. Therefore, the output assigned to the governments is (1...
𝑆𝐼𝑍𝐸𝑖𝑡−1SIZEit−1 = The firm size in year t − 1, which is equal to the natural logarithm of the book value of the firm’s assets. 𝐿𝐸𝑉𝑖𝑡−1LEVit−1 = The financial leverage of the company in year t − 1, which is equal to the ratio of...
Consumers’ demands for compensation are inherently price-sensitive [31], and it is necessary to take the terminal market as a breakthrough, adjust the structure of financial subsidies, increase the types of subsidies for terminal products, and improve product price leverage. The pricing mechanism ...
In the future, it may further be of interest to leverage the uncertainty information given by the GP regressor to decide in which regions of parameter space the surrogate is reliable enough to provide a delayed acceptance proxy. The second challenge is a convenient representation of the joint ...
The problem of determining the cost of equity is crucial to the development of organizations. It is an essential means of calculating value creation. The financial literature has proposed several models for estimating the cost of equity, such as the capital asset pricing model (CAPM). However, ...