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Semi-strong form efficiency is generally supported by event studies, especially these on daily returns testing the market's reaction to accounting earnings. Nevertheless, the Post-Earnings-Announcement Drift (PEAD) anomaly, being inconsistent with semi-strong form efficiency, seems to have survived robustness tests through the years. This paper examines the reaction of ATHEX in response to fiscal year 2006 annual earnings announcements of 20 high capitalisation companies. The common event study methodology is being used in order to define expected returns and trace the abnormal performance of ...

This paper seeks to analyze the role that literature has performed throughout the last years, the conflicts derived from the academic views, and how literature is an essential tool for the comprehensive study of a second language, as an integral part of the educational process. The Model suggested enhances the figure of the teacher and promotes the skills, knowledge and attitudes of the students within a multicultural environment.

Realism contends that conflict is intrinsically linked to natural resource endowment. This is the basis upon which the 'resource curse' theory is premised. Idealists on their part however view natural resource endowment as an avenue for economic growth and improved social and economic welfare of resource-rich communities. Their strong belief in the progressive potential of natural resources underpins the 'rentier state' theory. Soon after the discovery of a 'world class' oil deposit in Amuru district in northern Uganda, the 'black gold' discovery has quickly proved its unpleasant consequenc...

The purpose of the qualitative case study was to explore and identify the patterns and types of obstacles women in the information technology (IT) field experience in advancing to leadership positions and to explore the mentor-mentee relationship of female organizational leaders in the IT field and its effect on the advancement of women to leadership positions. The sample consisted of two groups of women, one in leadership (10 cases) and the other in nonleadership (10 cases) positions, in the IT field in the eastern United States. Content analysis and NVivo 7 software were used to analyze the ...

With over thirty-five years in the making, hip-hop has grown and developed into a global phenomenon. Despite its global expansion from the Bronx, New York, in the 1970s, the hip-hop arts confront criticism, both aesthetically and culturally. Repeatedly criticized as an art that glorifies misogyny, pimping, prostitution, objectification of women, crime, homophobia, and other forms of discrimination, scholars denounce the hip-hop arts as ignorant, offensive garbage, devoid of any aesthetics and culture. However, this is a limited, one-sided view of the hip-hop arts and culture. From local urban ...

Using a qualitative ethnographic approach, this research investigated the situation of the Tsotsil language spoken in Chenalhó, Chiapas, Mexico, by focusing on the implementation of a Spanish-Tsotsil bilingual elementary school. It was possible to discover that the Tsotsil language is still alive and that most parents who participated in this research transmit it to their children. However, there are students who prefer Spanish instead of their native language Tsotsil, due to the negative attitudes they have towards it such as “it is the language of old fashioned people while Spanish is the la...

When in 1900 David Hilbert produced a list of 23 mathematical problems and expressed optimism in the power of the human mind to proffer positive solutions to them, little did he know that it would take much of the century for solutions to be found for some of the problems. The problems numbered 1, 2, and 10 which concern mathematical logic and which gave birth to what is called the entscheidungsproblem or the decision problem were eventually solved though in the negative by Alonzo Church and Alan Turing in their famous Church-Turing thesis. Given any fixed machine M and input n, there are gamm...

This study was conducted in order to define what constitutes color education in the undergraduate interior design curriculum. The study was also intended to assess students' knowledge of color upon completing their design education and preparing to enter the profession. The research for this study was conducted via the following: an evaluation of the curriculum of 96 accredited interior design programs and several course syllabi and supporting materials; a survey of final-year students regarding their views of color education; an interview with a former Council for Interior Design Accredit...

Since the 1960s, a new subgenre (cruel-Jidaigeki) has been introduced to Japanese period films, with its own rules. This subgenre requires a new hero. During this research, I found out that Sanjuro, the first recognised hero of this genre, who appears in Yojimbo for the first time and stands as the model for the other cruel-period films, is indeed a complicated man. Firstly, he is after money. The idea is that because he exemplifies the modern Japanese man who is trapped in a new money-oriented society, he needs to represent the financial difficulties of common men. Secondly, in the course of ...

Weeping Widows and Warrior Women will consider the plays of Shakespeare's first tetralogy, which includes 1, 2, 3 Henry VI and Richard III, through a feminist critical perspective. It will assess the female characters of these plays through their speech and actions rather than giving credence to external evaluations of them, whether from other characters or a perceived stance of the playwright. The goal throughout is to divorce previously seldom-studied characters from oppressive patriarchal interpretations of their actions in order to bring them in line with a feminist understanding of fully ...