13,327 research outputs found

    “It’s made a huge difference” : recognition, rights and the personal significance of Civil Partnership

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    In this paper we map briefly some of the arguments around the meaning and significance of the introduction of Civil Partnership in England and Wales, and in this way show how contested these meanings are. We then turn to our empirical data to explore the extent to which these arguments and issues are part of the everyday decision making processes of same sex couples who have decided to register their partnerships or to undergo a commitment ceremony of some kind. In doing this, we were interested in how people make their own meanings (if they do) and whether they actually frame important decisions in their lives around the ideas that are part of the current political debates. We are interested in whether the public debates are featured in the accounts of our interviewees but our concern is also that these broader political debates appear to offer two alternatives to same sex couples. In one scenario same sex couples appear to be striking a blow for equality and are cultural heroes, in the other they appear as cultural dupes who are unintentionally falling into a government trap to de-radicalise their relationships and defuse the possibility of a queer alternative to heteronormativity. Our data give some insight into how same sex couples negotiate these alternatives and may, in fact, circumnavigate them

    The Rise of Accelerated Seasoned Equity Underwritings

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    Seasoned equity offerings (SEOs) executed through accelerated underwritings have increased global market share recently, raising over 850billionsince1998,andnowaccountforoverhalf(twothirds)ofthevalueofU.S.(European)SEOs.Weexamine31,242globalSEOs,executedduring19912004,whichraiseover850 billion since 1998, and now account for over half (two-thirds) of the value of U.S. (European) SEOs. We examine 31,242 global SEOs, executed during 1991-2004, which raise over 2.9 trillion for firms and selling shareholders. Compared to fully marketed deals, accelerated offerings occur more rapidly, raise more money, and require fewer underwriters. Importantly, accelerated deals reduce total issuance cost by about 250 basis points. Accelerated deals sell equal fractions of primary and secondary shares, whereas in traditional SEOs primary shares dominate. Announcement period returns are comparable for traditional and accelerated offerings, while secondary and mixed offerings trigger more negative market responses than do primary offerings. We conclude that this rapid, worldwide shift towards accelerated underwriting creates a spot market for SEOs, and represents the long-predicted shift towards an auction model for seasoned equity sales.Equity Offerings, Underwriting, Investment Banking

    The economics of country choice

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    Mining topological relations from the web

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    Topological relations between geographic regions are of interest in many applications. When the exact boundaries of regions are not available, such relations can be established by analysing natural language information from web documents. In particular we demonstrate how redundancy-based techniques can be used to acquire containment and adjacency relations, and how fuzzy spatial reasoning can be employed to maintain the consistency of the resulting knowledge base

    Why do firms go public? evidence from the banking industry

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    The lack of data on private firms has made it difficult to empirically examine theories of why firms go public. However, both public and private banks must disclose financial information to regulators. We exploit this requirement to explore the going-public decision. Our results indicate that banks that convert to public ownership are more likely to become targets than control banks that remain private. Banks that go public are also more likely to become acquirers than control banks. IPO banks grow faster than control banks after going public, although there is some evidence that their performance deteriorates.Financial institutions

    Stoichiometry of δ subunit containing GABAA receptors.

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    Although the stoichiometry of the major synaptic αβγ subunit-containing GABAA receptors has consensus support for 2α:2β:1γ, a clear view of the stoichiometry of extrasynaptic receptors containing δ subunits has remained elusive. Here we examine the subunit stoichiometry of recombinant α4β3δ receptors using a reporter mutation and a functional electrophysiological approach

    Cosmic ray tables - Asymptotic directions, variational coefficients and cut-off rigidities IQSY instruction manual no. 10

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    Cosmic ray deflections in geomagnetic field, variational coefficients, and diurnal intensity variations - table

    How has the relationship between parental education and child outcomes changed in Australia since the 1980s?

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    Published version of the paper reproduced here with permission from the publisherThis paper examines how the relationship between parents’ educational achievement (a marker of their socio‑economic status) and children’s early developmental outcomes has evolved in Australia since the early 1980s. The specific focus of this paper is whether the gradient in children’s early developmental outcomes by parents’ education has changed since the 1980s. A comparative analysis of two surveys is undertaken that follows Australian cohorts of children through their early years – the Australian Temperament Project (following children born in Victoria in the early 1980s) and the Longitudinal Study of Australian Children (following a representative sample of children born in Australia in 1999). The analysis shows that the relationship between parental education and children’s early developmental outcomes does not in general appear to have changed greatly over the years. The gradient associated with behaviour difficulties, persistence in behaviour difficulties over time, and in reading skills has either remained the same or strengthened somewhat, while the gradient associated with social skills has weakened. The paper concludes with a discussion of issues that might explain these trends
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