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Published online by Cambridge University Press: 14 August 2015
Accretion disk coronae around compact objects are the result of strong magnetic activity in the inner regions of accretion disks. Part of the accreting energy is dissipated in te corona and can be observed as hard X-ray emission with a time variability caused by the coronal structures. The interaction of disk coronae with neutron stars and black holes may cause quaslperiodlc oscillations respectively flare type emission.