TY - JOUR TI - Liquidity, Accounting Transparency, and the Cost of Capital: Evidence from Real Estate Investment Trusts AU - Danielsen, Bartley AU - Harrison, David AU - Ness, Robert Van AU - Warr, Richard S. T2 - Journal of Real Estate Research DA - 2014/// PY - 2014/// VL - 36 IS - 2 ER - TY - JOUR TI - Predicting Scientific Oral Presentation Scores in a High School Photonics Science, Technology, Engineering and Mathematics (STEM) Program AU - Gilchrist, Pamela Olivia AU - Carpenter, Eric D. AU - Gray-Battle, Asia T2 - 12TH EDUCATION AND TRAINING IN OPTICS AND PHOTONICS CONFERENCE AB - A hybrid teacher professional development, student science technology mathematics and engineering pipeline enrichment program was operated by the reporting research group for the past 3 years. Overall, the program has reached 69 students from 13 counties in North Carolina and 57 teachers from 30 counties spread over a total of five states. Quantitative analysis of oral presentations given by participants at a program event is provided. Scores from multiple raters were averaged and used as a criterion in several regression analyses. Overall it was revealed that student grade point averages, most advanced science course taken, extra quality points earned in their most advanced science course taken, and posttest scores on a pilot research design survey were significant predictors of student oral presentation scores. Rationale for findings, opportunities for future research, and implications for the iterative development of the program are discussed. DA - 2014/// PY - 2014/// DO - 10.1117/12.2070741 VL - 9289 SP - SN - 0277-786X KW - photonics KW - STEM KW - high school KW - regression KW - public speaking ER - TY - JOUR TI - Piloting a Fiber Optics and Electronic Theory Curriculum with High School Students AU - Gilchrist, Pamela Olivia AU - Carpenter, Eric AU - Gray-Battle, Asia T2 - 12TH EDUCATION AND TRAINING IN OPTICS AND PHOTONICS CONFERENCE AB - Previous participants from a multi-year blended learning intervention focusing on science, technology, engineering and mathematics (STEM) content knowledge, technical, college, and career preparatory skills were recruited to pilot a new module designed by the project staff. Participants met for a total of 22 contact hours receiving lectures from staff and two guest speakers from industries relevant to photonics, fiber optics hands-on experimentation, and practice with documenting progress. Activities included constructing a fiber optics communication system, troubleshooting breadboard circuits and diagrammed circuits as well as hypothesis testing to discover various aspects of fiber optic cables. Participants documented their activities, wrote reflections on the content and learning endeavor and gave talks about their research experiences to staff, peers, and relatives during the last session. Overall, it was found that a significant gain in content knowledge occurred between the time of pre-testing (Mean=0.54) and post-testing time points for the fiber optics portion of the curriculum via the use of a paired samples t-test (Mean=0.71), t=-2.72, p<.05. Additionally, the electronic theory test results were not a normal distribution and for this reason non-parametric testing was used, specifically a Wilcoxon signed-ranks test. Results indicated a significant increase in content knowledge occurred over time between the pre- (Mdn=0.35) and post-testing time points (Mdn=0.80) z=-2.49, p<,05, r=-0.59 for the electronic theory portion of the curriculum. An equivalent control group was recruited from the remaining participant pool, allowing for comparison between groups. The program design, findings, and lessons learned will be reported in this paper. DA - 2014/// PY - 2014/// DO - 10.1117/12.2070742 VL - 9289 SP - SN - 1996-756X KW - photonics KW - fiber optics KW - electronic theory KW - high school ER - TY - JOUR TI - Capital structure, equity mispricing, and stock repurchases AU - Bonaime, Alice Adams AU - Oeztekin, Oezde AU - Warr, Richard S. T2 - JOURNAL OF CORPORATE FINANCE AB - We evaluate motives for share repurchases using a unified framework where a firm has a target capital structure and has equity that can be mispriced. We document that capital structure adjustments are a value-increasing motive for repurchases and that the extent to which adjusting capital structure through a repurchase creates value depends on the undervaluation of the firm. Underlevered and undervalued firms enjoy the greatest economic gains from a repurchase, as evidenced by the stock price reaction to the repurchase announcement, and these firms are more likely to announce a share repurchase program. DA - 2014/6// PY - 2014/6// DO - 10.1016/j.jcorpfin.2014.03.007 VL - 26 SP - 182-200 SN - 1872-6313 UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-84898815827&partnerID=MN8TOARS KW - Target leverage KW - Residual income model KW - Capital structure KW - Equity mispricing KW - Market timing KW - Share repurchase ER - TY - JOUR TI - Liquidity, accounting transparency, and the cost of capital: Evidence from real estate investment trusts AU - Danielsen, B. R. AU - Harrison, D. M. AU - Van Ness, R. A. AU - Warr, R. S. T2 - Journal of Real Estate Research DA - 2014/// PY - 2014/// VL - 36 IS - 2 SP - 221-251 ER -