No abstract

Digital elevation models and aerial photographs provide evidence of past drainage diversions associated with known and inferred active faults in Northern Algeria. The El Asnam anticline is a fault‐bend fold that is growing in response to displacement on the historically active El Asnam fault. The diversion of the Fodda River and a sequence of uplifted palaeovalleys across the anticline formed in response to the active southwestward propagation of the Sidi Ada–El Ardja segment of the El Asnam anticline. Deformation associated with the 1980 El Asnam earthquake (Ms 7.3) and its effect on drainage demonstrate the occurrence of coseismic uplift of the El Asnam anticline associated with slip on the underlying thrust fault. Similar geomorphic relations are observed between the Isser River and the Thenia fault. Diversions of the Isser River and evidence for Quaternary uplift indicate that the Thenia fault, which is close to Algiers, is tectonically active and should be considered to be a source of potentially damaging earthquakes.

No abstract

This paper investigates the market timing hypothesis of capital structure using a sample of 1,077 Chinese firms for the period 1992 to 2007. We find that market timing plays a significant role in capital structure decisions. However, market timing effects are not persistent and disappear within three years. The results suggest the prominent role played by the government in timing of security issues.