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Nike Air Trainers a public firm Our empirical evidence
We investigate going-private decisions in response to the passage of the Sarbanes–Oxley Act of 2002 (SOX). We study firms that go private from 1998 to May 2005 and find: (1) the quarterly frequency of going-private transactions has increased after the passage of SOX, and (2) abnormal returns surrounding both the passage of SOX and the going-private announcement are significantly related to proxies for the costs and benefits of SOX and the net benefits of being a public firm. Our empirical evidence is broadly consistent with the notion that SOX has affected firms’ going-private decisions. The idea of balance scheme reduction is applied to the problem Nike Air Trainers of multi-component mass balance calculations. The parameters characterizing the plant streams are the total mass flow rate and the concentrations of individual components. Four categories of streams are distinguished according to the distribution of measured and unmeasured parameters. Two algorithms are presented based upon this reduction. Nike Air Max 90 Hyperfuse Algorithm CLASS is used to classify, i.e. find redundant and determinable parameters, and algorithm CHOICE is used to select the necessary measurements.