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Separation of ownership and control

by Eugene F. Fama, Michael C. Jensen - JOURNAL OF LAW AND ECONOMICS , 1983
"... This paper analyzes the survival of organizations in which decision agents do not bear a major share of the wealth effects of their decisions. This is what the literature on large corporations calls separation of “ownership” and “control.” Such separation of decision and risk bearing functio ..."
Abstract - Cited by 1661 (8 self) - Add to MetaCart
because of an effective common approach to controlling the implied agency problems. In particular, the contract structures of all these organizations separate the ratification and monitoring of decisions from the initiation and implementation of the decisions.

Separation Logic: A Logic for Shared Mutable Data Structures

by John Reynolds , 2002
"... In joint work with Peter O'Hearn and others, based on early ideas of Burstall, we have developed an extension of Hoare logic that permits reasoning about low-level imperative programs that use shared mutable data structure. ..."
Abstract - Cited by 950 (6 self) - Add to MetaCart
In joint work with Peter O'Hearn and others, based on early ideas of Burstall, we have developed an extension of Hoare logic that permits reasoning about low-level imperative programs that use shared mutable data structure.

The separation of ownership and control in East Asian Corporations

by Stijn Claessens, Simeon Djankov, Larry H. P. Lang - Journal of Financial Economics , 2000
"... We examine the separation of ownership and control for 2,980 corporations in nine East Asian countries. In all countries, voting rights frequently exceed cash-#ow rights via pyramid structures and cross-holdings. The separation of ownership and control is most pronounced among family-controlled &quo ..."
Abstract - Cited by 603 (19 self) - Add to MetaCart
We examine the separation of ownership and control for 2,980 corporations in nine East Asian countries. In all countries, voting rights frequently exceed cash-#ow rights via pyramid structures and cross-holdings. The separation of ownership and control is most pronounced among family

Equivariant Adaptive Source Separation

by Jean-François Cardoso, Beate Laheld - IEEE Trans. on Signal Processing , 1996
"... Source separation consists in recovering a set of independent signals when only mixtures with unknown coefficients are observed. This paper introduces a class of adaptive algorithms for source separation which implements an adaptive version of equivariant estimation and is henceforth called EASI (Eq ..."
Abstract - Cited by 449 (9 self) - Add to MetaCart
(Equivariant Adaptive Separation via Independence) . The EASI algorithms are based on the idea of serial updating: this specific form of matrix updates systematically yields algorithms with a simple, parallelizable structure, for both real and complex mixtures. Most importantly, the performance of an EASI

Pictorial Structures for Object Recognition

by Pedro F. Felzenszwalb, Daniel P. Huttenlocher - IJCV , 2003
"... In this paper we present a statistical framework for modeling the appearance of objects. Our work is motivated by the pictorial structure models introduced by Fischler and Elschlager. The basic idea is to model an object by a collection of parts arranged in a deformable configuration. The appearance ..."
Abstract - Cited by 816 (15 self) - Add to MetaCart
In this paper we present a statistical framework for modeling the appearance of objects. Our work is motivated by the pictorial structure models introduced by Fischler and Elschlager. The basic idea is to model an object by a collection of parts arranged in a deformable configuration

ATTENTION, INTENTIONS, AND THE STRUCTURE OF DISCOURSE

by Barbara J. Grosz, Candace L. Sidner , 1986
"... In this paper we explore a new theory of discourse structure that stresses the role of purpose and processing in discourse. In this theory, discourse structure is composed of three separate but interre-lated components: the structure of the sequence of utterances (called the linguistic structure), a ..."
Abstract - Cited by 1259 (49 self) - Add to MetaCart
In this paper we explore a new theory of discourse structure that stresses the role of purpose and processing in discourse. In this theory, discourse structure is composed of three separate but interre-lated components: the structure of the sequence of utterances (called the linguistic structure

Large margin methods for structured and interdependent output variables

by Ioannis Tsochantaridis, Thorsten Joachims, Thomas Hofmann, Yasemin Altun - JOURNAL OF MACHINE LEARNING RESEARCH , 2005
"... Learning general functional dependencies between arbitrary input and output spaces is one of the key challenges in computational intelligence. While recent progress in machine learning has mainly focused on designing flexible and powerful input representations, this paper addresses the complementary ..."
Abstract - Cited by 624 (12 self) - Add to MetaCart
the complementary issue of designing classification algorithms that can deal with more complex outputs, such as trees, sequences, or sets. More generally, we consider problems involving multiple dependent output variables, structured output spaces, and classification problems with class attributes. In order

Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure

by Michael C. Jensen, William H. Meckling , 1976
"... This paper integrates elements from the theory of agency, the theory of property rights and the theory of finance to develop a theory of the ownership structure of the firm. We define the concept of agency costs, show its relationship to the ‘separation and control’ issue, investigate the nature of ..."
Abstract - Cited by 3043 (12 self) - Add to MetaCart
This paper integrates elements from the theory of agency, the theory of property rights and the theory of finance to develop a theory of the ownership structure of the firm. We define the concept of agency costs, show its relationship to the ‘separation and control’ issue, investigate the nature

OBB-Tree: A hierarchical structure for rapid interference detection

by S. Gottschalk, M. C. Lint, D. Manocha - PROC. ACM SIGGRAPH, 171–180 , 1996
"... We present a data structure and an algorithm for efficient and exact interference detection amongst complex models undergoing rigid motion. The algorithm is applicable to all general polygonal and curved models. It pre-computes a hierarchical representation of models using tight-fitting oriented bo ..."
Abstract - Cited by 845 (53 self) - Add to MetaCart
bounding box trees. At runtime, the algorithm traverses the tree and tests for overlaps between oriented bounding boxes based on a new separating axis theorem, which takes less than 200 operations in practice. It has been implemented and we compare its performance with other hierarchical data structures

The unity and diversity of executive functions and their contributions to complex “Frontal Lobe” tasks: a latent variable analysis

by Akira Miyake, Naomi P. Friedman, Michael J. Emerson, Alexander H. Witzki, Amy Howerter, Tor D. Wager - COGNIT PSYCHOL , 2000
"... This individual differences study examined the separability of three often postulated executive functions—mental set shifting ("Shifting"), information updating and monitoring ("Updating"), and inhibition of prepotent responses ("Inhibition")—and their roles in complex ..."
Abstract - Cited by 696 (9 self) - Add to MetaCart
Sorting Test (WCST), Tower of Hanoi (TOH), random number generation (RNG), operation span, and dual tasking. Confirmatory factor analysis indicated that the three target executive functions are moderately correlated with one another, but are clearly separable. Moreover, structural equation modeling
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