title: Phenomenology of hydromagnetic turbulence in a uniformly expanding medium

authors: Matthaeus, William H.

abstract: A simple phenomenology is developed for the decay and transport of turbulence in a constant-speed, uniformly expanding medium. The fluctuations are assumed to be locally incompressible, and either of the hydrodynamic or non-Alfvénic magnetohydrodynamic (MHD) type. In order to represent local effects of nonlinearities, a simple model of the Kaármá-Dryden type for locally homogeneous turbulent decay is adopted. A detailed discussion of the parameters of this familiar one-point hydrodynamic closure is given, which has been shown recently to be applicable to non-Alfvénic MHD as well. The effects of the large-scale flow and expansion are incorporated using a two-scale approach, in which assumptions of particular turbulence symmetries provide simplifications. The derived model is tractable and provides a basis for understanding turbulence in the outer heliosphere, as well as in other astrophysical applications.

text: Phenomenology of hydromagnetic turbulence in a uniformly expanding medium A simple phenomenology is developed for the decay and transport of turbulence in a constant-speed, uniformly expanding medium. The fluctuations are assumed to be locally incompressible, and either of the hydrodynamic or non-Alfvénic magnetohydrodynamic (MHD) type. In order to represent local effects of nonlinearities, a simple model of the Kaármá-Dryden type for locally homogeneous turbulent decay is adopted. A detailed discussion of the parameters of this familiar one-point hydrodynamic closure is given, which has been shown recently to be applicable to non-Alfvénic MHD as well. The effects of the large-scale flow and expansion are incorporated using a two-scale approach, in which assumptions of particular turbulence symmetries provide simplifications. The derived model is tractable and provides a basis for understanding turbulence in the outer heliosphere, as well as in other astrophysical applications.

year: 1996

title: An empirical investigation of agency costs and ownership structure in unlisted small businesses

authors: Wellalage, Nirosha Hewa

subjects: agency costs

abstract: The study uses panel data to investigate agency costs, both principal-agent (PA) and principal-principal (PP), in 240 small businesses not listed on the New Zealand Stock Exchange. Results show that both forms of agency cost vary according to industry, the life of the business and size. The results indicate that the degree of owner involvement in the business influences firm PA and PP agency costs. Moreover, this study finds non-linear relationship between agency costs and ownership structure align with convergence of interest hypothesis and managerial entrenchment hypothesis. It is noted that the distortion between equity returns and debt returns gives rise to a preference for quasi-equity and distorts the productive base and effective pricing of risk. The analysis indicates there is considerable variability in the burden of agency cost and that this raises the potential for regulatory and policy reforms that may enhance the productivity and growth in the sector.

text: An empirical investigation of agency costs and ownership structure in unlisted small businesses The study uses panel data to investigate agency costs, both principal-agent (PA) and principal-principal (PP), in 240 small businesses not listed on the New Zealand Stock Exchange. Results show that both forms of agency cost vary according to industry, the life of the business and size. The results indicate that the degree of owner involvement in the business influences firm PA and PP agency costs. Moreover, this study finds non-linear relationship between agency costs and ownership structure align with convergence of interest hypothesis and managerial entrenchment hypothesis. It is noted that the distortion between equity returns and debt returns gives rise to a preference for quasi-equity and distorts the productive base and effective pricing of risk. The analysis indicates there is considerable variability in the burden of agency cost and that this raises the potential for regulatory and policy reforms that may enhance the productivity and growth in the sector.

year: 2012

title: Using the stars to indigenize the public sphere: Matariki over New Zealand

authors: Hardy, Anna

subjects: Arts & Humanities

abstract: As the rate of affiliation to Christian identity continues to decline in Aotearoa New Zealand (only 49 percent of the population said they were Christian in the last census), public space has become more receptive to other forms of religiosity. In particular, community rituals around the winter movements of the Matariki (Pleiades) constellation have gained support since the year 2000. For instance, the capital city, Wellington, has replaced a centuries’ old British fireworks festival, Guy Fawkes, with an enlarged version of its Matariki celebrations: an action seen as a tipping point in the incorporation of Māori spiritual values into public life. Interactions between European colonisers and Māori have been characterised for more than 250 years by tensions between the relational thinking of Māori who see human beings as both participating in and constrained by an environment resonant with divine energies, and the quantitative, hierarchical, ‘Great Chain of Being’ model that had long been dominant among Europeans. Now, when the natural environment worldwide is under strain from population and economic pressures, it seems to some both appropriate and vital to look to epistemological and spiritual models that are intimately responsive to the specificities of location.

text: Using the stars to indigenize the public sphere: Matariki over New Zealand As the rate of affiliation to Christian identity continues to decline in Aotearoa New Zealand (only 49 percent of the population said they were Christian in the last census), public space has become more receptive to other forms of religiosity. In particular, community rituals around the winter movements of the Matariki (Pleiades) constellation have gained support since the year 2000. For instance, the capital city, Wellington, has replaced a centuries’ old British fireworks festival, Guy Fawkes, with an enlarged version of its Matariki celebrations: an action seen as a tipping point in the incorporation of Māori spiritual values into public life. Interactions between European colonisers and Māori have been characterised for more than 250 years by tensions between the relational thinking of Māori who see human beings as both participating in and constrained by an environment resonant with divine energies, and the quantitative, hierarchical, ‘Great Chain of Being’ model that had long been dominant among Europeans. Now, when the natural environment worldwide is under strain from population and economic pressures, it seems to some both appropriate and vital to look to epistemological and spiritual models that are intimately responsive to the specificities of location.

year: 2019