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Information and Investment Fraud Detection: Evidence from an Online Experiment
In: FRL-D-23-03774
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Childhood Exposure and Stock Market Participation
In: PBCSF-NIFR Research Paper
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Working paper
Do dividends and share repurchases convey information about financial strength? An exploration of the disparities between banks and industrial firms
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association
ISSN: 1475-6803
AbstractDiffering from prior literature, this article suggests dividends are positively associated with financial strength for both financial institutions (i.e., banks) and non‐financial firms (i.e., industrials), and that this relationship is much more pronounced for banks. We also find that the signaling impacts of dividend changes on financial strength are asymmetric for these two groups as a decrease (increase) in dividends is more powerful than an increase (decrease) for banks (industrials). This suggests that dividend cuts send a more significant negative signal of bank financial strength than similar decreases by industrial firms, and that dividend increases say more about industrials' improvements in financial strength than those by banks. Similar to dividends, share repurchases are indications of financial strength for industrials but not for banks. This suggests that share repurchases serve more as a buffer (substitute) of dividends for banks (industrials).
Government Affiliation and Peer-to-Peer Lending Platforms in China
In: PBCSF-NIFR Research Paper
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Working paper
Stock-Market Disruptions and Corporate Disclosure Policies
In: Journal of Corporate Finance, Forthcoming
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Working paper
Attention to Detail and Entrepreneurial Success
In: PBCSF-NIFR Research Paper Forthcoming
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Deciphering Big Data in Consumer Credit Evaluation
In: PBCSF-NIFR Research Paper
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Working paper
Evaluation of Workplace Exposures to Volatile Chemicals During COVID-19 Building Disinfection Activities with Proton Transfer Reaction Mass Spectrometry
In: Annals of work exposures and health: addressing the cause and control of work-related illness and injury, Band 67, Heft 4, S. 546-551
ISSN: 2398-7316
Abstract
We conducted an experimental case study to demonstrate the application of proton transfer reaction time-of-flight mass spectrometry (PTR-TOF-MS) for mobile breathing zone (BZ) monitoring of volatile chemical exposures in workplace environments during COVID-19 disinfection activities. The experiments were conducted in an architectural engineering laboratory—the Purdue zero Energy Design Guidance for Engineers (zEDGE) Tiny House, which served as a simulated workplace environment. Controlled disinfection activities were carried out on impermeable high-touch indoor surfaces, including the entry door, kitchen countertop, toilet bowl, bathroom sink, and shower. Worker inhalation exposure to volatile organic compounds (VOCs) was evaluated by attaching the PTR-TOF-MS sampling line to the researcher's BZ while the disinfection activity was carried out throughout the entire building. The results demonstrate that significant spatiotemporal variations in VOC concentrations can occur in the worker's BZ during multi-surface disinfection events. Application of high-resolution monitoring techniques, such as PTR-TOF-MS, are needed to advance characterization of worker exposures towards the development of appropriate mitigation strategies for volatile disinfectant chemicals.
Dynamics of nanocluster aerosol in the indoor atmosphere during gas cooking
In: PNAS nexus, Band 3, Heft 2
ISSN: 2752-6542
Abstract
Nanocluster aerosol (NCA: particles in the size range of 1–3 nm) are a critically important, yet understudied, class of atmospheric aerosol particles. NCA efficiently deposit in the human respiratory system and can translocate to vital organs. Due to their high surface area-to-mass ratios, NCA are associated with a heightened propensity for bioactivity and toxicity. Despite the human health relevance of NCA, little is known regarding the prevalence of NCA in indoor environments where people spend the majority of their time. In this study, we quantify the formation and transformation of indoor atmospheric NCA down to 1 nm via high-resolution online nanoparticle measurements during propane gas cooking in a residential building. We observed a substantial pool of sub-1.5 nm NCA in the indoor atmosphere during cooking periods, with aerosol number concentrations often dominated by the newly formed NCA. Indoor atmospheric NCA emission factors can reach up to ∼1016 NCA/kg-fuel during propane gas cooking and can exceed those for vehicles with gasoline and diesel engines. Such high emissions of combustion-derived indoor NCA can result in substantial NCA respiratory exposures and dose rates for children and adults, significantly exceeding that for outdoor traffic-associated NCA. Combustion-derived indoor NCA undergo unique size-dependent physical transformations, strongly influenced by particle coagulation and condensation of low-volatility cooking vapors. We show that indoor atmospheric NCA need to be measured directly and cannot be predicted using conventional indoor air pollution markers such as PM2.5 mass concentrations and NOx (NO + NO2) mixing ratios.