We examine the association between corporate governance and the restrictiveness of covenants used in U.S. private debt contracts. Both corporate governance and covenants have been shown to play a role in mitigating agency problems associated with debt, hence a relationship is expected between these two monitoring mechanisms. Accordingly we argue th

This paper presents the mechanism of multi-user navigation interaction in real-time as a high-priority objective in improving mobility services efficiency and effectiveness, and investigate the support of threedimensional representation in mobile device in aiding interactive navigation in an unknown environment. The paper is based on the fact that

الحمد لله رب العالمين والصلاة والسلام على سيد الأنبياء والمرسلين، سيدنا محمد وعلى آله وأصحابه أجمعين، و بعد ، فإن علماء هذه الأمة المرحومة، من المتقدمين والمتأخرين – رحمهم الله – قدموا خدمات

This study employed mixed method consisting qualitative and quantitative procedures to exa- mine the impact of ICT in teaching and learning at a University in Nigeria. The survey data were drawn from 593 respondents (students and lecturers) and was analyzed using linear regression. For the qualitative part, one-on-one and focus group interviews wer

This paper presents the design of Virtual-Learning Content Management System to be used by students and instructors a like using problem-based learning (PBL) as the instructional methodology. V-LCMS is designed and implemented at Mara Professional College Indera Mahkota (MPCIM). It details the rationale for implementing V-LCMS as well as reporting

Cermets become increasingly popular cutting insert in recent years. They are generally good when accuracy and finish are criteria for the operation. Several improvements have been made to increase their performance in machining process such as higher resistance to thermal deformation and lower conductivity than carbide tools that wear rapidly. This

This study is to examine the influence of customer knowledge management on customer lifetime value in the Islamic insurance industry. A research framework is proposed to determine the relations between customer knowledge management, trust, commitment and customer lifetime value. The population of the study will consist of customers who have subscri

Surface roughness affects the functional attributes of finished parts. Therefore, predicting the finish surface is important to select the cutting levels in order to reach the required quality. In this research an experimental investigation was conducted to predict the surface roughness in the finish end milling process with higher cutting speed. T

The August 2007 global financial crisis has been linked to the fiat monetary system. This has made the world political leaders to call for the rebuild of the world monetary system from the scratch as was done at Breton Wood. One of the suggested options is the adoption of an alternative monetary system based on gold. In these regard, some states in

The government retirement scheme is provided primarily as a financial facility for the pensionable government officers and their dependants upon retirement. However, the question whether it is subject to the fara’i distribution after the Muslim pensioner’s death is debatable. The current position is rather confusing because of the differences o