Leverage instability and persistence: Evidence from the United States and Europe

We find that leverage behavior both in level and time-series variation is very similar between the United States and Europe throughout the 1990-2013 period. Leverage regimes are simultaneously unstable and persistent for both regions. We define instability as the extent to which firms largely deviate from their long-term leverage mean, while persistence as the extent to which today’s leverage influences its future levels. We then show that this simultaneous evidence imply a mean-reversion behavior of leverage and discuss some of its implications for future research on this field.

Which communication strategy should a male luxury (fashion) brand – associated with a luxury car brand – develop, in order to increase its awareness in Europe

This work project explores how a male luxury (fashion) brand (subsidiary) that is associated with a luxury car brand (parent company) should develop its communication strategy in order to increase awareness in Europe. For this purpose a quantitative research was conducted. The aim was to find out whether the company in question had low brand awareness among European luxury consumers. Hereafter, a qualitative research revealed important insights in regard to luxury communication among male luxury consumers. Both the results of the research and the recommendations of luxury experts laid the foundation for the development of a solution-oriented communication strategy. The result of the analysis crystallizes the importance of the shared heritage and the synergistic effects, of which the subsidiary should make vast use when communicating.

The relationship between liquidity and profitability in the food & beverage industry evidence from Europe and United States

This Work Project clarifies the relationship between liquidity and profitability based on a sample in the Food & Beverage (F&B) industry, and comparing the largest European and United States companies. The research concludes that liquidity, proxied by current ratio or quick ratio, correlates with return on assets taken as the measure of profitability, and so does the cash conversion cycle and its components. Moreover, company size correlates with liquidity, and indirectly affects ROA. This research contributes and addresses to managers in the F&B industry and recommends how they should act in order to improve profitability in the industry.

Interdisciplinary knowledge transfer and technological applications for assessment, strengthening and monitoring of timber structures in Europe

COST (European Co-operation in the field of scientific and technical research) is the longest running framework for research co-operation iri Europe, having been established in 1971 by a Ministerial Conference attended by Ministers for Science and Technology from 19 countries. Today COST is used by the scientific communities of 35 European countries to cooperate in exchanging knowledge and technology developed within research projects supported by national or European funds. The main objective of COST is to contribute to the realization of the European Research Área (ERA) anticipating and complementing the activities of the' Framework Programmes, constituting a "bridge" towards the scientific communities of emerging countries, increasing the mobility of researchers across Europe and fostering the establishment of "Networks of Excelience". Another essential objective is the knowledge transfer between the scientific soc'iety and industry. It is widely acknowledged that European scientific performance in relation to investment in science is excellent but technological and commercial performance has steadily worsened. The present paper discusses how the COST Action's instruments, from training schools to short scientific missions and workshops have been used within The COST ACTION FP11O1 Assessment, Reinforcement and Monitoring of Timber Structures to achieve such objectives.

Assessment of national parks affected by naturbanization processes in Southern Europe

This paper assesses land-use changes related to naturbanization processes on three biosphere reserves in Southern Europe. A comparative analysis has been done on the National Parks in Peneda-Ger^es in North Portugal, C_evennes in South France and Sierra Nevada in South Spain, using Corine Land Cover data from 1990 until 2006. Results indicate that the process of land-use intensification is taking place in the frame of naturbanization dynamics that could jeopardize the role of Protected Areas. Focusing on the trends faced by National Parks and their surrounding territories, the analysis demonstrates, both in quantitative and spatial terms, the intensification processes of land-use changes and how it is important to know them for coping with increasing threats. The article concludes that in the current context of increasing stresses, a broader focus on nature protection, encompassing the wider countryside, is needed if the initiatives for biodiversity protection are to be effective.

Europe du Sud: Italie, Espagne et Portugal: priorité à l'éducation aux médias

(Excerto) Partant d'une perspective comparative de plusieurs recherches realisees en ltalie au cours des demieres annees sur les mineurs et Ia television, Elisa Manna, de Ia Fondation Censis souligne le besoin pour Ia recherche de rompre avec les hyperspecialisations academiques. Elle propose des pistes de comparaisons et de confrontations de methodes, de techniques et de resultats, sans jamais perdre de vue les recherches empiriques sur le terrain. II est impensable aujourd'hui, souligne Elisa Manna, de continuer a separer, d'un cote le monde institutionnel de Ia culture qui, prive des outils de connaissance necessaires, serait oblige d'agir a l'aveuglette, et d'autre part celui de Ia recherche academique et privee, fragmentee, divisee et frustree par l'impossibilite de faire valoir ses efforts d 'un point de vue operationnel.

The Youth Discourses on EU-ropeanization in the New European Countries and the Margins of Europe (Working paper) 

სტატია მომზადდა ევროაკადემიის მეორე გლობალური კონფერენციისთვის „ევროპა შიგნით და გარეთ: მრავალრიცხოვანი დამკვირვებლების თვალით დანახული ევროპა და ევროპელები"

The Western Imaginary and the Imagined Strategies against it in the New European Countries and the Margins of Eastern Europe (Working paper) 

სტატია მომზადდა ევროაკადემიის საერთაშორისო კონფერენციისთვის „აღმოსავლეთ ევროპის ხელახლა გამოგონება"

diskursive Legitimation der Europäischen Union : eine lexikometrische Analyse zur Verwendung des sprachlichen Zeichens Europa/Europe in deutschen, französischen und britischen Wahlprogrammen zu den Europawahlen zwischen 1979 und 2004

Magdeburg, Univ., Fak. für Geistes-, Sozial- und Erziehungswiss., Diss., 2010

The status of the sauropterygian reptile genera Ceresiosaurus, Lariosaurus, and Silvestrosaurus from the Middle Triassic of Europe / Olivier Rieppel --.

n.s. no.38(1998)