The uncertainty about the future of firms must be modeled and incorporated in the valuation of enterprises outside the explicit period of analysis, i.e., in the continuing or terminal value （TV）. There is a multipli...The uncertainty about the future of firms must be modeled and incorporated in the valuation of enterprises outside the explicit period of analysis, i.e., in the continuing or terminal value （TV）. There is a multiplicity of factors that influence the TV of firms which are not being considered within current evaluation models. This aspect leads to the incurring of unrecoverable errors, thus leading to values of goodwill or bad will far away from the substantial value of intrinsic assets. As a consequence, the evaluation results will be presented markedly different from market values. There is no consensus in the scientific community about the method of computation of the TV as a forecast in an infinite horizon. The size of the terminal, or non-explicit period, assumed as infinite, is never called into question by scientific literature, or the probability of business bankruptcy. This paper aims to promote a study of the existing literature on the TV, to highlight the fragility of the evaluation models of companies that have been used by the academic community and by financial analysts, and to point out lines for future research to minimize these errors.展开更多
The purpose of this project is to reach more students in food, agricultural, and environmental sciences with a globalized undergraduate curriculum, by providing contextually-rich reusable learning objects （RLOs） and...The purpose of this project is to reach more students in food, agricultural, and environmental sciences with a globalized undergraduate curriculum, by providing contextually-rich reusable learning objects （RLOs） and authentic case studies that address multidisciplinary issues. Reusable learning objects （RLOs） are self--contained, digital learning activities that range in length from 2 to 15 minutes. RLOs can contain a wide array of media, including text, web sites, charts, maps, models, PowerPoint presentations, photos, case studies, simulations, video clips, audio clips, and assessments, Food and agricultural sciences faculty at the University of Florida, the University of Georgia, and Texas A＆M University have been selected to be part of a Faculty Learning Community that Will work together in curriculum and RLO development, and will participate in an international study experience funded by this project. For each experience, a group of approximately ten faculty and three project team members will spend roughly two weeks in a Latin American/Caribbean basin country. Various social science data collection processes and evaluation strategies will be the focus of the presentation. The use of preflective and reflective instruments to measure initial attitudes or beliefs about the context-rich multidisciplinary experience and expected gains from participating in the curricula development will be demonstrated.展开更多
The research performance of top universities in China is revealed in this study and analyzed using the essential science indicators(ESI) database.Different types of bibliometric indicators are applied in this study,in...The research performance of top universities in China is revealed in this study and analyzed using the essential science indicators(ESI) database.Different types of bibliometric indicators are applied in this study,including publication output and impact indicators.This study finds that the academic performance of universities in China is advancing rapidly,with many universities coming out near the top of the rankings,especially in terms of quantity of papers.The quantitative performance of universities in China is remarkable.The research results show that there is a considerable gap between quality and quantity of research output at the top universities of China,with research influence concentrated on some specific fields for selected universities.Engineering,Chemistry and Material Science are the fields with relatively outstanding performance in the top universities.展开更多
文摘The uncertainty about the future of firms must be modeled and incorporated in the valuation of enterprises outside the explicit period of analysis, i.e., in the continuing or terminal value （TV）. There is a multiplicity of factors that influence the TV of firms which are not being considered within current evaluation models. This aspect leads to the incurring of unrecoverable errors, thus leading to values of goodwill or bad will far away from the substantial value of intrinsic assets. As a consequence, the evaluation results will be presented markedly different from market values. There is no consensus in the scientific community about the method of computation of the TV as a forecast in an infinite horizon. The size of the terminal, or non-explicit period, assumed as infinite, is never called into question by scientific literature, or the probability of business bankruptcy. This paper aims to promote a study of the existing literature on the TV, to highlight the fragility of the evaluation models of companies that have been used by the academic community and by financial analysts, and to point out lines for future research to minimize these errors.
文摘The purpose of this project is to reach more students in food, agricultural, and environmental sciences with a globalized undergraduate curriculum, by providing contextually-rich reusable learning objects （RLOs） and authentic case studies that address multidisciplinary issues. Reusable learning objects （RLOs） are self--contained, digital learning activities that range in length from 2 to 15 minutes. RLOs can contain a wide array of media, including text, web sites, charts, maps, models, PowerPoint presentations, photos, case studies, simulations, video clips, audio clips, and assessments, Food and agricultural sciences faculty at the University of Florida, the University of Georgia, and Texas A＆M University have been selected to be part of a Faculty Learning Community that Will work together in curriculum and RLO development, and will participate in an international study experience funded by this project. For each experience, a group of approximately ten faculty and three project team members will spend roughly two weeks in a Latin American/Caribbean basin country. Various social science data collection processes and evaluation strategies will be the focus of the presentation. The use of preflective and reflective instruments to measure initial attitudes or beliefs about the context-rich multidisciplinary experience and expected gains from participating in the curricula development will be demonstrated.
基金Supported by the National Natural Science Fund Program(No.71073153)
文摘The research performance of top universities in China is revealed in this study and analyzed using the essential science indicators(ESI) database.Different types of bibliometric indicators are applied in this study,including publication output and impact indicators.This study finds that the academic performance of universities in China is advancing rapidly,with many universities coming out near the top of the rankings,especially in terms of quantity of papers.The quantitative performance of universities in China is remarkable.The research results show that there is a considerable gap between quality and quantity of research output at the top universities of China,with research influence concentrated on some specific fields for selected universities.Engineering,Chemistry and Material Science are the fields with relatively outstanding performance in the top universities.
