Mergers

Using small matched samples of companies which are, and are not, highly involved in acquisition in the period 1986-90, an investigation is mounted to ascertain whether "acquisitiveness" has any impact upon the remuneration of the top directors over and above what one would expect because of the growth in "size". The evidence suggests it does, if returns to share options are included in the measure of remuneration.

Reconnection of superfluid vortex bundles

Using the vortex filament model and the Gross Pitaevskii nonlinear Schroedinger equation, we show that bundles of quantised vortex lines in helium II are structurally robust and can reconnect with each other maintaining their identity. We discuss vortex stretching in superfluid turbulence and show that, during the bundle reconnection process, Kelvin waves of large amplitude are generated, in agreement with the finding that helicity is produced by nearly singular vortex interactions in classical Euler flows.Comment: 10 pages, 7 figure

The International Convention on the Elimination of All Forms of Discrimination Against Women: A Comparison of Its Implementation and the Role of Non-Governmental Organisations in the United Kingdom and Hong Kong

Although the Convention on the Elimination of All Forms of Discrimination Against Women ( CEDAW ) was implemented in Hong Kong a full ten years after its enactment in the United Kingdom, evidence suggests that it is having a more practical impact in Hong Kong than in the United Kingdom largely because Hong Kong women\u27s organizations are making more use of CEDAW in their current lobbying efforts. This article introduces CEDAW and its enforcement mechanisms, and compares its implementation in the two jurisdictions. The authors analyze the extent to which CEDAW is considered in public policy making, the extent to which the judiciary has relied upon CEDAW in deciding cases, and the participation of nongovernmental organizations in the reporting process. The article concludes with a comparison of the two jurisdictions and examines the opportunities for more effective implementation of CEDAW

Kidnapping Politics in East Asia

Introduction: History is filled with political abductions, incidents in which individuals are kidnapped and held hostage by hostile groups or states to gain leverage or legitimacy for their cause.1 Such episodes have been used since antiquity to highlight the failure of rulers to perform their single-most important function-- protecting citizens from harm. Consequently, kidnappings have opened up deep political chasms and often have been used by political actors to identify enemies, distill collective fears, clarify national deficiencies, redefine frontiers, and mobilize social movements. They have long figured in justifications for both aggression and conciliation with neighbors. Some political actors have capitalized on captivity to frame and highlight national weakness and the fecklessness of leaders. Others have spun out accounts of heroism to demonstrate national strength and visionary leadership. Either way, the manipulation of the captivity passion for political ends often has been used to generate public sympathy to reorient national policies.Henry Luce FoundationChiang Ching-kuo Foundation for International Scholarly Exchang

Dynamics of vortex tangle without mutual friction in superfluid 4^4He

A recent experiment has shown that a tangle of quantized vortices in superfluid $^4$He decayed even at mK temperatures where the normal fluid was negligible and no mutual friction worked. Motivated by this experiment, this work studies numerically the dynamics of the vortex tangle without the mutual friction, thus showing that a self-similar cascade process, whereby large vortex loops break up to smaller ones, proceeds in the vortex tangle and is closely related with its free decay. This cascade process which may be covered with the mutual friction at higher temperatures is just the one at zero temperature Feynman proposed long ago. The full Biot-Savart calculation is made for dilute vortices, while the localized induction approximation is used for a dense tangle. The former finds the elementary scenario: the reconnection of the vortices excites vortex waves along them and makes them kinked, which could be suppressed if the mutual friction worked. The kinked parts reconnect with the vortex they belong to, dividing into small loops. The latter simulation under the localized induction approximation shows that such cascade process actually proceeds self-similarly in a dense tangle and continues to make small vortices. Considering that the vortices of the interatomic size no longer keep the picture of vortex, the cascade process leads to the decay of the vortex line density. The presence of the cascade process is supported also by investigating the classification of the reconnection type and the size distribution of vortices. The decay of the vortex line density is consistent with the solution of the Vinen's equation which was originally derived on the basis of the idea of homogeneous turbulence with the cascade process. The obtained result is compared with the recent Vinen's theory.Comment: 16 pages, 16 figures, submitted to PR

Japan’s Nuclear Hedge: Beyond "Allergy" and Breakout

This chapter examines the future of Japan’s hedged dependence on U.S. extended deterrence and encourages more imaginative thinking about potential outcomes and strategic implications as the second nuclear age unfolds