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Embryonic Stem Cells00:57

Embryonic Stem Cells

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Embryonic stem (ES) cells were first discovered in mice in 1981 by Martin Evans. In 1998, James Thomson identified a method to isolate embryonic stem cells from humans. Human embryonic stem cells (hESCs) are obtained from 3-5 day old embryos that remain unused after an in vitro fertilization procedure.
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Survival Curves01:18

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Survival curves are graphical representations that depict the survival experience of a population over time, offering an intuitive way to track the proportion of individuals who remain event-free at each time point. These curves are widely used in fields such as medicine, public health, and reliability engineering to visualize and compare survival probabilities across different groups or conditions.
The Kaplan-Meier estimator is the most common method for constructing survival curves. This...
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Assumptions of Survival Analysis01:15

Assumptions of Survival Analysis

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Survival models analyze the time until one or more events occur, such as death in biological organisms or failure in mechanical systems. These models are widely used across fields like medicine, biology, engineering, and public health to study time-to-event phenomena. To ensure accurate results, survival analysis relies on key assumptions and careful study design.
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Hazard Rate01:11

Hazard Rate

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The hazard rate, also known as the hazard function or failure rate, is a statistical measure used to describe the instantaneous rate at which an event occurs, given that the event has not yet happened. From a probabilistic perspective, it represents the likelihood that a subject will experience the event in a very small time interval, conditional on surviving up to the beginning of that interval. In terms of frequency, the hazard rate can be viewed as the ratio of the number of events to the...
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Barrett Esophagus-I: Introduction01:21

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Barrett's esophagus is a medical condition where the esophageal mucosa is significantly damaged by stomach acid or other digestive fluids, often due to long-term exposure associated with gastroesophageal reflux disease (GERD). In GERD, a weakened or abnormally relaxed lower esophageal sphincter allows stomach acid to flow persistently into the esophagus.
This constant acid exposure transforms the esophagus's pink mucosal lining (stratified squamous epithelium) into a type of lining more...
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Introduction To Survival Analysis01:18

Introduction To Survival Analysis

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Survival analysis is a statistical method used to study time-to-event data, where the "event" might represent outcomes like death, disease relapse, system failure, or recovery. A unique feature of survival data is censoring, which occurs when the event of interest has not been observed for some individuals during the study period. This requires specialized techniques to handle incomplete data effectively.
The primary goal of survival analysis is to estimate survival time—the time...
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Related Experiment Video

Updated: Aug 19, 2025

Development of Compendium for Esophageal Squamous Cell Carcinoma
03:36

Development of Compendium for Esophageal Squamous Cell Carcinoma

Published on: April 12, 2024

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ESG risks and corporate survival.

Gil Cohen1

  • 1Western Galilee Academic College, Acre, Israel.

Environment Systems & Decisions
|December 5, 2022
PubMed
Summary
This summary is machine-generated.

Corporate Environmental and Social risks negatively impact financial stability, increasing default risks. Mitigating these sustainability risks is crucial for improving corporate financial health and survival chances.

Keywords:
Altman ZCorporate governanceCorporate survivalEnvironmentalSocialSustainability

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Area of Science:

  • Finance
  • Corporate Sustainability
  • Risk Management

Background:

  • Companies face increasing scrutiny regarding sustainability issues.
  • Environmental, Social, and Corporate Governance (ESG) factors are gaining importance in financial analysis.
  • The link between sustainability risks and corporate financial stability remains under-researched.

Purpose of the Study:

  • To investigate the impact of corporate sustainability risk factors on financial stability.
  • To analyze the influence of ESG risks on the survival chances of S&P500 companies.
  • To provide empirical evidence on the financial implications of sustainability performance.

Main Methods:

  • Utilized S&P500 stock data from 2019 to 2021.
  • Calculated Altman's Z-score to assess financial stability and default risk.
  • Quantified the influence of Environmental (E), Social (S), and Governance (G) risk scores on financial stability.

Main Results:

  • Diminishing total ESG scores observed in S&P500 companies, indicating increased attention to sustainability.
  • Altman's Z-score was negatively impacted by Environmental (E) and Social (S) risks, but not by Governance (G) risks.
  • A significant negative relationship was found between E and S risks and corporate financial stability, suggesting increased default risk.

Conclusions:

  • High environmental and social risks can significantly reduce corporate financial stability and increase default costs.
  • Social risks demonstrate a particularly high sensitivity in affecting financial stability, especially for smaller firms.
  • Mitigating environmental and social sustainability risks is essential for enhancing corporate financial resilience and long-term survival.