A, ,,, (, 2004), , 1997, 2001, ,,,,,, China Academic Journal Electronic Publishing House. All rights reserved.
|
|
- Jewel Ray
- 7 years ago
- Views:
Transcription
1 A ( ) A,, :,,, (, 2004),,, 1997, 2001,,,,,,,?,,,,, (2002),,,,,,,,,,,,,,,, 47
2 A,, : ;,,,,,,,,, ( ) A tiase Bamber Tse ( 1989 ) Chambers Penman (1984) Gu L i (2007) Kross Schr2 oeder (1984), (CAR), : CAR i = a 0 + a 1 R lag + a 2 PUL + a 3 EPS + a 4 Express + a 5 S ize + a 6 M TB + a 7 A ud it + a 8 L EV + a 9 P red ict + a 10 S T + a 11 Exchange + 1. Givoly Palmon ( 1982 ), (CAR ), CAR: AR i, t = R i, t - R t CAR i 3 = t AR i, t = - 3, R i, t : i t ; R t : i t ; AR i, t : i t ; CAR i : i t,,, [ - 3, 3 ] 2., 1984 Chambers Penman (Reporting Lag) (,, 2004;,, 2006;,,, 2006), R lag i = RD a te i - EstiD a te i : R lag i i ; RD ate i i ; EstiD ate i i,,,,,, Givoly Palmon (1982), Chambers Penman (1984), (2006) (2004),,,, (CAR) 3.,, :, ;, (2006 ) 11 3 ; (2006 )
3 ,,,,,,,,,, ( Ex2 p ress) (Predict),, A shton W illingham Elliott ( 1987 ) Basu ( 1997 ) Chambers Penman (1984) Givoly Palmon (1982) Kross Schroe2 der (1984) (2006) (2006), (Audit, 1, 0) (MTB, ) ( Size, ) ( PUL, ) (LEV, ) ( EPS, ) ( Exchange, 1, 0) ST ( ST, ST 1, 0) ( ) , 2984, ( 1),,,,, A % % % % % % % % % % % % % % % % M icrosoft Excel 2007 SPSS STATA 10,, Excel, SPSS STATA , :, (R lag > 0) ;, (R lag = 0) ;, (R lag < 0) 2 2 (CAR) , CSMAR 49
4 (CAR) , 70%, 20%, 10%, ( ),,,, (2006 ) ( 2),,,,,,, ( ), Pearson Spearman (, ),,, CAR, CAR > = 0 CAR < 0, 3 :, CAR (1) :, CAR 50 10%, ; (2) : CAR < 0, CAR,, CAR 1% ; CAR > = 0,, CAR, ( ), CAR (1) :, CAR 5%,, (2) : CAR < 0,, CAR 1% ; CAR > = 0,, CAR, CAR (1) : CAR,,, (2) : CAR < 0, CAR 1%,,,,, CAR, ; CAR > = 0,, CAR, CAR, : CAR,
5 , ; MTB CAR,, ; CAR > = 0 CAR,, (CAR > = 0),, 3 CAR > = 0 CAR < 0 CAR > = 0 CAR < 0 Constant R lag PUL EPS Size MTB 5149E E Audit LEV E E Predict ST Exchange E - 06 Exp ress R - squared Adjusted R - squared F - Vaule ,,,,,,,, : EA i, t ( ) = R lag i, t A ud it i, t S ize i, t + 4 L EV i, t + 5 EPS i, t + 6 PUL i, t + 7 A ud itqua t i, t + 8 DUA i, t + 9 IDR i, t + 11 ( EA),,,, Bhattacharya (2003), Bhattacharya (2003), : ACC i, t = CA i, t - CL i, t - CASH i, t + STD i, t - DEP i, t + TP i, t EA i, t = ACC i, t / TA i, t- 1, EA i, t = t i, ACC i, t = t i, CA i, t = t i, CL i, t = t i, CASH i, t = t i, STD i, t = t i, DEP i, t = t i, TP i, t = t i, TA i, t - 1 = t - 1 i 21 ( Reporting Lag),, (Audit, ), 51
6 (Auditquat, 1, 0) (,, 2006), ( IDR, ) (DUA, 1, 0) (, 2004) (Chow Wong - Boren, 1987) (Meek Roberts Gray, 1995 ) (B radbury, 1992 ) ( ) 1., ( 4) 25,, 22175,,,,,, 4 R lag R lag > < R lag < = < R lag < = R lag < = ( 5) :, 1%, %,, 2005 ( ),,,, 1%,,,,, 1%, ;, 1%,, 2005, (2004) ;,, (2004), Constant R lag Audit Size LEV , 52
7 EPS PUL Auditquat DUA IDR R - squared Adjusted R - squared ( ) OLS ( 6),, 5%,,,, ;,, ( 7),,,,, ( ), ( ),,,,,, EPS, 6 1 /4 2 /4 3 /4 4 /4 Constant R lag Audit Size LEV PUL Auditquat DUA IDR observations R - squared Adjusted R - squared ,, EPS ( 7) 2005 EPS, 53
8 7 EPS ( ),,,,,, ( 8),,,,, 10%, 5%,,,,,,, 8 Constant R lag Size LEV PUL Auditquat DUA EPS IDR R - squared Adjusted R - squared observations ( ) ( ) OLS, : EA i, t = 0 + j NUM ( j) + + j = - 25, - 20, - 15, - 10, - 5, - 1, 1, 5, 10, 15, 20, 25, NUM j, ( ) j, 1, 0 ( 9) : 25, 5%,, t Constant NUM NUM NUM NUM NUM NUM NUM Audit Auditquat DUA
9 t PUL IDR EPS Size LEV R - squared Adjusted R - squared Durbin - W atson stat A ,,, : ( ) CAR, ( ) CAR, CAR, CAR ;,, 25, ,,,,,,,, :., 4: , 8: , 8: , , , 4: 9 15,, , 2: 19 24, ( ), 1: 13 21, , 11: A shton R. H., J. J. W illingham, et al An Emp irical Analysis of Audit Delay. Journal of Accounting Research, B lackwell Publishing L im ited: A tiase R. K., L. S. Bamber, et al Timeliness of financial reporting, the firm size effect, and stock p rice reactions to annual earnings announcements. Contemporary Accounting Research, 5 ( 2) : Ball R. S. P. Kothari and A. Robin The Effect of International Institutional Factors on Properties of Accounting Earn2 ing. Journal of Accounting and Econom ics, 29: 1-51 Basu S The conservatism p rincip le and the asymmetric timeliness of earnings. Journal of Accounting and Econom ics, 24 (1) : 3-37 Bhattacharya U, Daouk H. and W elkerm The World Price of Earning Opacity. The Accounting Review, 78 ( 3) : Chambers A. E. and Penman S. H Timeliness of Reporting and the Stock Price Reaction to Earnings Announce2 ments. Journal of Accounting Research, Vol. 22 (1) : Givoly D. and Palmon D The Timeliness of Annual Earnings Announcement: Some Emp irical Evidence. The Account2 ing Review, July: Gu F. and J. Q. L i The Credibility of Voluntary D isclosure and Insider Stock Transactions. Journal of Accounting Re2 search, 45: (4) KrossW Earnings Announcement Time Lags. Journal of Business Research, Vol. 9: KrossW. and Schroeder D An Emp irical Investigation of the Effect of Quarterly Earnings Announcement Tim ing on Stock Returns. Journal of Accounting Research, 22:
10 under the new standard. The information content of m inority income also increased, and the increase is significantly higher than the information content in2 crease of other earnings components. Our results suggest that the imp lementation of the new accounting standards imp roves the information contents of con2 solidated financial statements. S igna ls of tim eliness of annua l reports: Ev idence from annua l reports of A - share Com pan ies W ang X iongyuan et al. B ased on the data of releasing time of the annual reports of A - share companies for 2004 and 2006, we exam ine the current - period signal of the time2 liness of annual report via the observation of the market reaction to it, and we also exam ine the future signal of the timeliness of annual report by checking the relation between the tim ing of annual report and next - period accounting information transparency. Our study finds that the timeliness of annual reports is significantly and negatively related to the market reaction. After controlling for the auditorπs op inion and earnings levelwe find that the timeliness is signif2 icantly and positively related to the next - period accounting information transparency, i. e., companies that release annual report earlier will have higher quality of information transparency and lower level of earnings management. This imp lies that various tim ing of disclosure delivers different signals of corpo2 rate information. Accoun ting Informa tion Tran sparency and Resources A lloca tion Eff ic iency: Theory and Em p ir ica l Ev idence Zhou Zhongsheng & Chen Hanw en Based on 1999 to 2004 all listed companies in Shanghai and Shenzhen stock market as samp le, this article studies accounting information transparency on the securities marketπs resources allocation efficiency through building a securitiesmarketπs resources allocation model. W e find there is a positive relationship between industryπs accounting information transparency and resources allocation in securities market. In addition, we find the comp lementary effect on resources allocation among accounting information transparency and p roperty right, p roduct marketπs competition. Issues on Corpora te Governance X ie Zhihua Abstract: This paper developed some new understandings against the conventional views on corporate governance goals, internal governance mechanism s, ex2 ternal governance and governance effects of incentive. These new understandings p rovide references to further imp rove corporate governance frameworks and effi2 ciency of corporate governance. M a ter ia l Flow Cost Accoun ting Ba sed on Env ironm en tm anagem en t and Its Applica tion Feng Q iaogen Environmental management accounting oriented to resource - saving focuses on environmentmanagement of enterp rises. A s one ofmost important parts of envi2 ronmental management accounting, material flow cost accounting (MFCA) may p lay a crucial role on environment management. The introduction ofmfca help s to integrate the business management and environment p rotection. This paper presents a case study on TNB, a famous pharmaceutical company. 94
Application Note: Cisco A S A - Ce r t if ica t e T o S S L V P N Con n e ct ion P r of il e Overview: T h i s a p p l i ca ti o n n o te e x p l a i n s h o w to co n f i g u r e th e A S A to a cco m
More informationAccounting Information and Stock Price Reaction of Listed Companies Empirical Evidence from 60 Listed Companies in Shanghai Stock Exchange
Journal of Business & Management Volume 2, Issue 2 (2013), 11-21 ISSN 2291-1995 E-ISSN 2291-2002 Published by Science and Education Centre of North America Accounting Information and Stock Price Reaction
More informationAN EVALUATION OF SHORT TERM TREATMENT PROGRAM FOR PERSONS DRIVING UNDER THE INFLUENCE OF ALCOHOL 1978-1981. P. A. V a le s, Ph.D.
AN EVALUATION OF SHORT TERM TREATMENT PROGRAM FOR PERSONS DRIVING UNDER THE INFLUENCE OF ALCOHOL 1978-1981 P. A. V a le s, Ph.D. SYNOPSIS Two in d ep en d en t tre a tm e n t g ro u p s, p a r t ic ip
More informationW Regional Cooperation in the Field of A u tom otiv e E ngineering in S ty ria Dr. Peter Riedler 2 9.1 1.2 0 1 1 i e n GmbH Graz B u s ines s S trategy S ty ria 2 0 2 0 H is tory 1 9 9 4 1 9 9 5 1 9 9
More informationH ig h L e v e l O v e r v iew. S te p h a n M a rt in. S e n io r S y s te m A rc h i te ct
H ig h L e v e l O v e r v iew S te p h a n M a rt in S e n io r S y s te m A rc h i te ct OPEN XCHANGE Architecture Overview A ge nda D es ig n G o als A rc h i te ct u re O ve rv i ew S c a l a b ili
More informationI n la n d N a v ig a t io n a co n t r ib u t io n t o eco n o m y su st a i n a b i l i t y
I n la n d N a v ig a t io n a co n t r ib u t io n t o eco n o m y su st a i n a b i l i t y and KB rl iak s iol mi a, hme t a ro cp hm a5 a 2k p0r0o 9f i,e ls hv oa nr t ds eu rmv oedye l o nf dae cr
More informationPut the human back in Human Resources.
Put the human back in Human Resources A Co m p l et e Hu m a n Ca p i t a l Ma n a g em en t So l u t i o n t h a t em p o w er s HR p r o f essi o n a l s t o m eet t h ei r co r p o r a t e o b j ect
More informationSCHOOL PESTICIDE SAFETY AN D IN TEG R ATED PEST M AN AG EM EN T Statutes put into law by the Louisiana Department of Agriculture & Forestry to ensure the safety and well-being of children and school personnel
More information1.- L a m e j o r o p c ió n e s c l o na r e l d i s co ( s e e x p li c a r á d es p u é s ).
PROCEDIMIENTO DE RECUPERACION Y COPIAS DE SEGURIDAD DEL CORTAFUEGOS LINUX P ar a p od e r re c u p e ra r nu e s t r o c o rt a f u e go s an t e un d es a s t r e ( r ot u r a d e l di s c o o d e l a
More informationPositioning 40 and 100 GbE in data center inter-sw itch l ink ap p l ications and 40GbE PM D recom m endations Adam Carter, Cisco Al essan dro B arb ieri, Cisco 1 m Data Center inter-s w itc h l ink ap
More informationJournal of Internet Banking and Commerce
Journal of Internet Banking and Commerce An open access Internet journal (http://www.icommercecentral.com) Journal of Internet Banking and Commerce, April 2016, vol. 21, no. 1 The Effect of Accounting
More informationi n g S e c u r it y 3 1B# ; u r w e b a p p li c a tio n s f r o m ha c ke r s w ith t his å ] í d : L : g u id e Scanned by CamScanner
í d : r ' " B o m m 1 E x p e r i e n c e L : i i n g S e c u r it y. 1-1B# ; u r w e b a p p li c a tio n s f r o m ha c ke r s w ith t his g u id e å ] - ew i c h P e t e r M u la e n PACKT ' TAÞ$Æo
More informationLehman Brothers UK Holdings Limited In Administration
www.pwc.co.uk Lehman Brothers UK Holdings Limited In Administration Joint Administrators progress report for the period 29 September 2013 to 28 March 2014 24 April 2014 Contents Section 1 Purpose of the
More informationACE-1/onearm #show service-policy client-vips
M A C E E x a m Basic Load Balancing Using O ne A r m M ode w it h S ou r ce N A T on t h e C isco A p p licat ion C ont r ol E ngine Goal Configure b a s ic l oa d b a l a nc ing (L a y er 3 ) w h ere
More informationCALCULATING THE EFFECT OF EMPLOYEE STOCK OPTIONS ON DILUTED EPS
CALCULATING THE EFFECT OF EMPLOYEE STOCK OPTIONS ON DILUTED EPS Warrick van Zyl Lecturer School of Accountancy University of the Witwatersrand Johannesburg 2000 South Africa +27844524983 warrick.vanzyl@wits.ac.za
More informationIronPort Gateway Security Products The Leader in Communication Security Reiner Baumann IronPort Systems The Principles of Industry Leadership A n a l y s t L e a d e r s h i p R e c o g n i z e d a s t
More informationThe Stock Market s Reaction to Accounting Information: The Case of the Latin American Integrated Market. Abstract
The Stock Market s Reaction to Accounting Information: The Case of the Latin American Integrated Market Abstract The purpose of this paper is to explore the stock market s reaction to quarterly financial
More informationAccounting Conservatism: A Study of Market-Level and Firm-Level Explanatory Factors 1
Accounting Conservatism: A Study of Market-Level and Firm-Level Explanatory Factors 1 Jingjing Xu 2 and Changjiang Lu 3 Fudan University Abstract This paper investigates the factors affecting the conservatism
More informationCORSO AVANZATO DI NEGOZIAZIONE Un laboratorio intensivo per lo sviluppo e la pratic a d elle c apac ità neg oz iali Scotwork Italia S.r.l. C op y rig h t 2 0 0 6 1 O I m p l t l t z o l N o z n n l h l
More informationSoftware Quality Requirements and Evaluation, the ISO 25000 Series
Pittsburgh, PA 15213-3890 Software Quality Requirements and Evaluation, the ISO 25000 Series PSM Technical Working Group February 2004 Dave Zubrow Sponsored by the U.S. Department of Defense Background
More informationL a h ip e r t e n s ió n a r t e r ia l s e d e f in e c o m o u n n iv e l d e p r e s ió n a r t e r ia l s is t ó lic a ( P A S ) m a y o r o
V e r s i ó n P á g i n a 1 G U I A D E M A N E J O D E H I P E R T E N S I O N E S C E N C I A L 1. D E F I N I C I O N. L a h ip e r t e n s ió n a r t e r ia l s e d e f in e c o m o u n n iv e l d
More informationThe Business Case for D om aink ey s I d ent ified M ail Andy Spillane V ic e P r es ident, Y ah o o! M February 13, 2006 ail 1 Fighting Spam & Email Abuse R eq uir es a M ulti-fac eted Appr o ac h DomainKeys
More informationC o a t i a n P u b l i c D e b tm a n a g e m e n t a n d C h a l l e n g e s o f M a k e t D e v e l o p m e n t Z a g e bo 8 t h A p i l 2 0 1 1 h t t pdd w w wp i j fp h D p u b l i c2 d e b td S t
More informationAccounting Conservatism and Auditing Quality: an Applied Study. On Egyptian Corporations
Accounting Conservatism and Auditing Quality: an Applied Study On Egyptian Corporations Sameh M. Reda Reyad College of Business and Finance, Ahlia University, PO box 10878, Manama, Bahrain. E-mail: samirad41@hotmail.com.
More informationM Mobile Based Clinical Decision Support System Bhudeb Chakravarti & Dr. Suman Bhusan Bhattacharyya Provider & Public Health Group, VBU-HL P S aty am C om puter S ervices L im ited Bhudeb_ C hak ravarti@
More informationEM EA. D is trib u te d D e n ia l O f S e rv ic e
EM EA S e c u rity D e p lo y m e n t F o ru m D e n ia l o f S e rv ic e U p d a te P e te r P ro v a rt C o n s u ltin g S E p p ro v a rt@ c is c o.c o m 1 A g e n d a T h re a t U p d a te IO S Es
More informationBeverlin Allen, PhD, RN, MSN, ARNP
Pressure Ulcers & Nutritional Deficits in Elderly Long-Term Care Patients: Effects of a Comprehensive Nutritional Protocol on Pressure Ulcer Healing, Length of Hospital Stay & Health Care Charges Beverlin
More informationUnit 16 : Software Development Standards O b jec t ive T o p r o v id e a gu ide on ho w t o ac h iev e so f t wa r e p r o cess improvement through the use of software and systems engineering standards.
More informationB R T S y s te m in S e o u l a n d In te g r a te d e -T ic k e tin g S y s te m
Symposium on Public Transportation in Indian Cities with Special focus on Bus Rapid Transit (BRT) System New Delhi 20-21 Jan 2010 B R T S y s te m in S e o u l a n d In te g r a te d e -T ic k e tin g
More informationInternationalization strategy of the SEPT Program Design of market-oriented training and ed u c ation p rod u c ts Utz D o r n b e r g e r ( Un i v e r s i ty o f L e i p zi g ) & N g u y e n T h i T h
More informationASCENT TM Integrated Shipment Management
ASCENT TM Integrated Shipment Management Software Solutions Production mail Shipping systems Copier systems Facsimile systems Mailing systems Management services Financial services Consulting Supplies
More informationHarmonization of Indian Accounting Practices with IFRS- Analysis in terms of Cash flow Predictability and Persistence
International Journal of Computational Engineering & Management, Vol. 6 Issue 3, May 203 5 Harmonization of Indian Accounting Practices with IFRS- Analysis in terms of Predictability and Persistence Shobana
More informationWorkload Management Services. Data Management Services. Networking. Information Service. Fabric Management
The EU D a t a G r i d D a t a M a n a g em en t (EDG release 1.4.x) T h e Eu ro p ean Dat agri d P ro j ec t T eam http://www.e u - d a ta g r i d.o r g DataGrid is a p ro j e c t f u n de d b y th e
More informationBewährte Six Sigma Tools in der Praxis
Frankfurt School of Finance & Management 2. ProcessLab-Workshop 03.2.2008, 8h Bewährte Six Sigma Tools in der Praxis A. Raab BB Certified GE Commercial Finance Agenda Intro Teaser Vortrag Break Out Sessions
More informationCollaboration in Public H e alth be tw e e n U niv e rs ity of H e id e lbe rg and U niv e rs ity of D ar e s S alaam How t h e c oop e r a t i on e m e r g e d Informal c ont ac t s from e arly 1 9
More informationFunding health care: The role of public and private and the role of the actuary
Funding health care: The role of public and private and the role of the actuary Alva ro Castro-Gutiérrez and Giovanna Ferrara Sw itzerland In te r na tion a l He a lth Se m in a r 27th ICA, Cancun 2002
More informationHow To Be A Successful Thai
D The Joint Master of Science eg ree C ou rse in V eterinary P u b l ic H eal th ( MScVPH), F U -C MU Dr. L e rt ra k S ri k i t j a k a rn R e g i o n a l C e n t re f o r V e t e ri n a ry P u b l i
More informationThe Relationship between Financial Accounting Information and Market Values of Quoted Firms in Nigeria
The Relationship between Financial Accounting Information and Market Values of Quoted Firms in Nigeria Adaramola Anthony Olugbenga, Department of Banking and Finance, Faculty of Management Sciences, Ekiti
More informationA n d r e w S P o m e r a n tz, M D
T e le h e a lth in V A : B r in g in g h e a lth c a r e to th e u n d e r s e r v e d in c lin ic a n d h o m e A n d r e w S P o m e r a n tz, M D N a tio n a l M e n ta l H e a lth D ir e c to r f
More informationIntraday Timing of Management Earnings Forecasts: Are Disclosures after Trading Hours Effective?
Intraday Timing of Management Earnings Forecasts: Are Disclosures after Trading Hours Effective? Soo Young Kwon* Korea University Mun Ho Hwang Korea University Hyun Jung Ju Korea University * Corresponding
More informationUNDERSTANDING FLOW PROCESSING WITHIN THE CISCO ACE M ODULE Application de liv e r y pr odu cts can distr ib u te tr af f ic to applications and w e b se r v ice s u sing v ar y ing le v e ls of application
More informationUS 20020072350A1 (19) United States (12) Patent Application Publication (10) Pub. No.: US 2002/0072350 A1 Fukuzato (43) Pub. Date: Jun.
US 20020072350A1 (19) United States (12) Patent Application Publication (10) Pub. No.: US 20020072350 A1 Fukuzato (43) Pub. Date: Jun. 13, 2002 (54) BACKUP METHOD OF APPLICATIONS OF PORTABLE CELLULAR PHONE
More informationMa teria ls to fix p osters to the b oa rd s will b e p rovid ed b y the organization at the Conference site.
Dear Participant, We would like to welc ome you to the 2nd International Conference on Biodegradable Polymers and Sustainable Composites (BIOPOL-2009) a nd wish you a pleasant stay in our city. Below you
More informationSTOCK PRICE REACTION TO ANNUAL EARNINGS ANNOUNCEMENT IN BOMBAY STOCK EXCHANGE
IMPACT: International Journal of Research in Business Management (IMPACT: IJRBM) ISSN(E): 2321-886X; ISSN(P): 2347-4572 Vol. 2, Issue 5, May 2014, 25-30 Impact Journals STOCK PRICE REACTION TO ANNUAL EARNINGS
More informationP R E F E I T U R A M U N I C I P A L D E J A R D I M
D E P A R T A M E N T O D E C O M P R A S E L I C I T A O A U T O R I Z A O P A R A R E A L I Z A O D E C E R T A M E L I C I T A T с R I O M O D A L I D A D E P R E G O P R E S E N C I A L N 034/ 2 0
More informationDoes Accounting Quality Change Following a Switch from U.S. GAAP to IFRS? Evidence from Germany. Stephen Lin* William Riccardi Changjiang (John) Wang
Does Accounting Quality Change Following a Switch from U.S. GAAP to IFRS? Evidence from Germany Stephen Lin* William Riccardi Changjiang (John) Wang Florida International University January 2012 *corresponding
More informationThe Journal of Applied Business Research July/August 2009 Volume 25, Number 4
Corporate Reputation And Earnings Quality Christopher Luchs, Ball State University, USA Marty Stuebs, Baylor University, USA Li Sun, Ball State University, USA ABSTRACT Investor confidence and the quality
More informationCampus Sustainability Assessment and Related Literature
Campus Sustainability Assessment and Related Literature An Annotated Bibliography and Resource Guide Andrew Nixon February 2002 Campus Sustainability Assessment Review Project Telephone: (616) 387-5626
More informationProfessor Eli Bartov. Ph.D. Seminar, Fall 2006 B10.4311.01: EQUITY VALUATION & ACCOUNTING DATA
Professor Eli Bartov Ph.D. Seminar, Fall 2006 B10.4311.01: EQUITY VALUATION & ACCOUNTING DATA 1. Format The class format will be as follows: (i) (ii) In each class we will cover 2-4 published and/or working
More informationIntroduction. 15.511 Corporate Accounting Summer 2004. Professor SP Kothari Sloan School of Management Massachusetts Institute of Technology
Introduction 15.511 Corporate Accounting Summer 2004 Professor SP Kothari Sloan School of Management Massachusetts Institute of Technology June 7, 2004 1 Session 1: Agenda Administrative matters Discussion
More informationAssistant Professor William E. Simon Graduate School of Business Administration, University of Rochester, 1999-2005
Vita Joanna S. Wu January 2012 William E. Simon Graduate School of Business Administration Tel: (585) 275 5468 University of Rochester Fax: (585) 442 6323 Rochester, NY 14627 wujo@simon.rochester.edu Academic
More informationIII Bienal de Autismo Página 1 / 43
III Bienal de Autismo Página 1 / 43 A Direcção da APPDA N ort e dá -v os as B oas V in das à I I I B ien al de Au t is m q u e es t a corres p on da à s v os s as ex p ect at iv as com o t em a em deb
More informationBonn Declaration on Regional Cooperation in Quality Assurance in Higher Education Adopted on 20 June 2007 during the Conference Enhancing Quality Across Borders R egional Cooperation in Quality Assurance
More information3 k t h R e m e A c c e s s b t t t V T T c h t h p V T. Cl ic e ot rad io ut on nex o PN unnel yp e and oose e ap rop riat e PN unnel Int erfac e. 4.
C i s c o P r o f i l e C o n t a c t s & F e e d b a c k H e l p Cisc o SM B Sup p ort Assist ant Configure ASA/PIX as Easy VPN Server or Client H om e > W ork W it h M y Sec urit y D ev ic es > Cisc
More informationS E 5/9. Checks & Forms for. BIS Software www.bisformsdivision.com 888.629.9640
BTM MO _TH ER SAFE PO SS 89 70 DEN E. H VE AMPD R FA 303-, C EN X; 74 O AV 30 0-62 8023 E. 3-22 06 1 0-74 24 IBIL ITIE S ST AT DA TE E RE FE RE NC E DAT AC E CO UN T NU CO DE ME NT MBE R DE SC DA TE RIPT
More informationT ra d in g A c tiv ity o f F o re ig n In s titu tio n a l In v e s to rs a n d V o la tility
T ra d in g A c tiv ity o f F o re ig n In s titu tio n a l In v e s to rs a n d V o la tility V. Ravi Ans human Indian Ins titute of Manag ement B ang alore Rajes h Chakrabarti Indian S chool of Bus ines
More informationG S e r v i c i o C i s c o S m a r t C a r e u ي a d e l L a b o r a t o r i o d e D e m o s t r a c i n R ل p i d a V e r s i n d e l S e r v i c i o C i s c o S m a r t C a r e : 1 4 ع l t i m a A c
More information1. Oblast rozvoj spolků a SU UK 1.1. Zvyšování kvalifikace Školení Zapojení do projektů Poradenství 1.2. Financování 1.2.1.
1. O b l a s t r o z v o j s p o l k a S U U K 1. 1. Z v y š o v á n í k v a l i f i k a c e Š k o l e n í o S t u d e n t s k á u n i e U n i v e r z i t y K a r l o v y ( d á l e j e n S U U K ) z í
More informationLASIK - P u b l i c a t i o n s b y D r. G u l a n i A r u n C. G u l a n i, M. D., M. S. Director: Gulani Vision Institute F orm er C h ief : C or nea, E x ter nal D isease & L aser -R ef r ac tiv e S
More informationLecture 8: Stock market reaction to accounting data
Lecture 8: Stock market reaction to accounting data In this lecture we will focus on how the market appears to evaluate accounting disclosures. For most of the time, we shall be examining the results of
More informationSTUDY THE RELATIONSHIP BETWEEN INVESTMENT OPPORTUNITIES AND EARNINGS STABILITY OF FIRMS IN TEHRAN SECURITIES EXCHANGE
2014 Vol. 4 (S4), pp. 24482455/Parvin and Mehrdad STUDY THE RELATIONSHIP BETWEEN INVESTMENT OPPORTUNITIES AND EARNINGS STABILITY OF FIRMS IN TEHRAN SECURITIES EXCHANGE Parvin Nafei 1, 2 and *Mehrdad Ghanbari
More informationNOTE:ThisdocumentappliestoentitiesoperatedbyBarickGoldCorporation (Barick).EntitiesnotdirectlyoperatedbyBarickarenotwithinthescopeofthis
NOTE:ThisdocumentappliestoentitiesoperatedbyBarickGoldCorporation (Barick).EntitiesnotdirectlyoperatedbyBarickarenotwithinthescopeofthis document(e.g.acaciaminingplc.,ma aden,andtheporgerajointventure).
More informationMONTANA CHILD SUPPORT GUIDELINES Worksheet A
Worksheet A Worksheets included in this calculation: Cause/Case Num ber A 9 B 9 Mother's name Father's name Children for whom this calculation is made: Name Date of Birth Name Date of Birth ALL AMOUNTS
More information<?xml version="1.0" encoding="utf-8"?> <soapenv:envelope xmlns:soapenv="http://schemas.xmlsoap.org/soap/envelope/"
Applicazioni Java W S con Ax is sistema di tr ac c iab il ità ag r o al imen tar e Ing. Mario G.C.A. Cimino M.G.C.A.Cimino, Applicazioni Java-W S con Ax is, D ipar t ime nt o d i I ng e g ne r ia d e ll
More informationSchool of Business Prerequisite and CPT or OPT List
COURSE NUMBER COURSE TITLE 1 ACCT 201 Principles of Financial Accounting BBA Program of Study First Prerequisite First Prerequisite or OPT Qualified 2 ACCT 202 Principles of Managerial Accounting BBA ACCT
More informationUAE Rent Inflation & Impact on the Job Market
RESEARCH UAE Rent Inflation & Impact on the Job Market United Arab Emirates 2005 UAE Rent Inflation & Impact on the Job Market EXECUTIVE SUMMARY Recent increases in accommodation rentals across the UAE
More informationproxy cert request dn, cert, Pkey, VOMS cred. (short lifetime) certificate: dn, ca, Pkey mod_ssl pre-process: parameters->
Overview of the New S ec u rity M od el WP6 Meeting V I D t G R I D C o nf er enc e B r c el o ne, 1 2-1 5 M y 2 0 0 3 Overview focus is on VOMS C A d e t il s r e in D 7. 6 Se cur it y D e sig n proxy
More informationPeach State Reserves 40 1(k) and 457 Plans
Peach State Reserves 40 1(k) and 457 Plans W hy save w ith Peach State Reserves? (PSR) Answer: 25% of your life could be spent in retirem ent You could leave em ploym ent with the state before you re vested
More informationAbnormal Audit Fees and Audit Opinion Further Evidence from China s Capital Market
Abnormal Audit Fees and Audit Opinion Further Evidence from China s Capital Market Zanchun Xie a, Chun Cai a and Jianming Ye b,* a School of Accounting, Southwestern University of Finance and Economics,
More informationP R E F E I T U R A M U N I C I P A L D E J A R D I M
C O N T R A T O N 7 8 / 2 0 1 4 C o n t r a t o d e P r e s t a ç ã o d e S e r v i ç o s A d v o c a t í c i o s q u e e n t r e s i c e l e b r a m o M u n i c í p i o d e J A R D I M - M S e A IR E
More informationi-pro M anagem ent Software ASC970 system Explanation of new functions for Ver. 8.0
i-pro M anagem ent Software ASC970 system Explanation of new functions for Ver. 8.0 Security System s B usiness D ivision Panasonic System N etw orks Co., Ltd. 2 ASE901 function (Option software for ASM
More informationCHAPTER I INTRODUCTION
CHAPTER I INTRODUCTION 1.1 Background Earnings figure, notwithstanding its several definitions, has been widely considered as one of the most referred to figures in companies financial statements. Sadka
More informationThe Role of Accounting Conservatism in a well-functioning Corporate Governance System
MPRA Munich Personal RePEc Archive The Role of Accounting Conservatism in a well-functioning Corporate Governance System Supreena Narayanan and Mike Burkart Stockholm School of Economics 3. February 2005
More informationB I N G O B I N G O. Hf Cd Na Nb Lr. I Fl Fr Mo Si. Ho Bi Ce Eu Ac. Md Co P Pa Tc. Uut Rh K N. Sb At Md H. Bh Cm H Bi Es. Mo Uus Lu P F.
Hf Cd Na Nb Lr Ho Bi Ce u Ac I Fl Fr Mo i Md Co P Pa Tc Uut Rh K N Dy Cl N Am b At Md H Y Bh Cm H Bi s Mo Uus Lu P F Cu Ar Ag Mg K Thomas Jefferson National Accelerator Facility - Office of cience ducation
More informationDiscussion of The Role of Volatility in Forecasting
C Review of Accounting Studies, 7, 217 227, 22 22 Kluwer Academic Publishers. Manufactured in The Netherlands. Discussion of The Role of Volatility in Forecasting DORON NISSIM Columbia University, Graduate
More informationUnderstanding, Modelling and Improving the Software Process. Ian Sommerville 1995 Software Engineering, 5th edition. Chapter 31 Slide 1
Process Improvement Understanding, Modelling and Improving the Software Process Ian Sommerville 1995 Software Engineering, 5th edition. Chapter 31 Slide 1 Process improvement Understanding existing processes
More informationWorkload Management Services. Data Management Services. Networking. Information Service. Fabric Management
The EU D a t a G r i d I n f o r m a t i o n a n d M o n i t o r i n g S er v i c es The European D at ag ri d P roj ec t Team http://www.eu- d a ta g r i d.o r g DataGrid is a p ro j e c t f u n de d
More informationIntИg r a ti o n d e s s o l u ti o ns IB M e t C i s c o : C o l l a b o r a ti o n e t C o m m u ni c a ti o ns U ni f i Иe s ( U C 2 ) Mathieu in tr at Sales Business ev elop ent anag er om unic at
More informationThe relationship between Board Independence and Accounting Conservatism and the effect of the Financial Crisis
Faculty of Economics & Business MSc Accountancy & Control 2013-2014 Master Thesis The relationship between Board Independence and Accounting Conservatism and the effect of the Financial Crisis Final version
More informationexcellence in ever y sear c h we conduct. Biophar maceuticals Sales & Mar keting Human Resour ces
A b o u t J D Fa r r e l l & A s s o c i a t e s We a r e w h a t w e r e p e a t e d ly d o. E x c e l l e n c e t h e n i s n o t a n a c t, bu t a h a b i t. A r i s t o t l e We u n d e r s t a n d
More informationSCO TT G LEA SO N D EM O Z G EB R E-
SCO TT G LEA SO N D EM O Z G EB R E- EG Z IA B H ER e d it o r s N ) LICA TIO N S A N D M ETH O D S t DVD N CLUDED C o n t e n Ls Pr e fa c e x v G l o b a l N a v i g a t i o n Sa t e llit e S y s t e
More informationPSTN. Gateway. Switch. Supervisor PC. Ethernet LAN. IPCC Express SERVER. CallManager. IP Phone. IP Phone. Cust- DB
M IPCC EXPRESS Product Solution (IPCC - IP Co n t a c t Ce n t e r ) E i n f ü h r u n g Ü b e r h u nd e r t M il l io ne n N u t ze r - P r o g no s e n zu f o l g e w e r d e n e s in d ie s e m J ah
More informationHow to Successfully Integrate with ERP and Expense Management Systems
Treasury and Trade Solutions Citi Commercial Cards Innovation, Efficiency, Simplicity. 2015 Commercial Cards Conference May 18-20, 2015 How to Successfully Integrate with ERP and Expense Management Systems
More information(12) Patent Application Publication (10) Pub. No.: US 2013/0325512 A1 Kim et al. (43) Pub. Date: Dec. 5, 2013
(19) United States US 20130325512Al (12) Patent Application Publication (10) Pub. No.: US 2013/0325512 A1 Kim et al. (43) Pub. Date: Dec. 5, 2013 (54) ELECTRONIC MEDICAL RECORD SYSTEM Publication Classi?cation
More informationHow To Make A Programmable Logic Network From A Program To A Program
Àug.19,19694 c. CHEMLA :TAL ' 3,462,738. _ POLYPHASE PRIORITY DETERMINING SYSTEM Filed May 19, 1966 s sheets-*sheet x l I I I ` ` i i tu t1 t2 t3 t1. t5 te t7 te ts îlo tu t1: ha tu. BY mventors. clauos
More informationCorporate Governance and Audit Report Lag in Nigeria
Corporate Governance and Audit Report Lag in Nigeria Abstract Ilaboya, O. J. (PhD, FCA, FCTI) & Iyafekhe Christian (B.Sc,M.Sc) Department of Accounting Faculty of Management Sciences University of Benin
More informationProject Management Capacity Assessment in the
Project Management Capacity Assessment in the Western Balkans Tatjana Lukić Senior ICT Industry Advisor April 6th, 2010. Presentation Agenda Assessment background and goals, why is PM important Current
More informationEvidence on the Contracting Explanation of Conservatism
Evidence on the Contracting Explanation of Conservatism Ryan Blunck PhD Student University of Iowa Sonja Rego Lloyd J. and Thelma W. Palmer Research Fellow University of Iowa November 5, 2007 Abstract
More informationAuto mo tive Cor po ra tion TC 237 TRANSFER CASE PARTS MAN UAL
Auto mo tive Cor po ra tion TC 237 TRANSFER CASE PARTS MAN UAL Fabco Automotive Corporation, Livermore, CA Ph: (925) 454-9500 Fax: (925) 454-9501 1-(800) 967-8838 www.fabcoautomotive.com See Note 5 See
More informationOFFICE OF ECONOMIC ANALYSIS MEMORANDUM
OFFICE OF ECONOMIC ANALYSIS MEMORANDUM TO: Donald Nicolaisen, Chief Accountant FROM: Office of Economic Analysis 1 DATE: March 18, 2005 RE: Economic Perspective on Employee Option Expensing: Valuation
More informationAcademic Appointment Full Professor Simon School of Business, University of Rochester, since 2013.
Vita Joanna S. Wu July 2013 Simon School of Business Tel: (585) 275 5468 University of Rochester Fax: (585) 442 6323 Rochester, NY 14627 joanna.wu@simon.rochester.edu Academic Appointment Full Professor
More informationSAP ALL-IN-ONE ERP PACKAGE LOCALISED FOR AUSTRALIA
SAP All-in-One ERP Package Localised for Australia Solution Brief SAP ALL-IN-ONE ERP PACKAGE LOCALISED FOR AUSTRALIA A Fully Integrated Predefined Solution to Improve Business Processes, Enhance Collaboration,
More informationPurpose of presentation
ECONOMIC REGULATION Purpose of presentation To provide the Status Quo on Economic Regulation To indicate the ideal situation WHERE DOES THE MANDATE COME FROM? Constitution Water Services Act Section 10
More informationm Future of learning Zehn J a hr e N et A c a d ei n E r f o l g s p r o g r a m Cisco E x p o 2 0 0 7 2 6. J u n i 2 0 0 7, M e sse W ie n C. D or n in g e r, b m u k k 1/ 12 P r e n t t z d e r p u t
More informationS. 4041. To amend the Electronic Fund Transfer Act to provide protection. consumers who have prepaid cards, and for other purposes.
II TH CONGRESS D SESSION S. 0 To amend the Electronic Fund Transfer Act to provide protection for consumers who have prepaid cards, and for other purposes. IN THE SENATE OF THE UNITED STATES DECEMBER,
More informationInformed trading before earnings shock
Informed trading before earnings shock Tae-Jun Park Sungkyunkwan University and KCMI Email: tjpark@kcmi.re.kr Youngjoo Lee Sogang University Email: yjlee20@gmail.com Kyojik Roy Song * Sungkyunkwan University
More informationNew Institutional Accounting Research
Issues in Financial Accounting New Institutional Accounting Research Professor Tianyu Zhang Email: tyzhang@cuhk.edu.hk Tel: (852) 3493-7841 1. Objectives The main objective of the course is to provide
More informationHow To Understand The Role Of Financial Reporting In A Company
THE ROLE OF FINANCIAL REPORTING IN REDUCING FINANCIAL RISKS IN THE MARKET S. P. Kothari* Increased globalization of financial and product markets has raised the interest of both market participants and
More informationFirst A S E M R e c to rs C o n f e re n c e : A sia E u ro p e H ig h e r E d u c a tio n L e a d e rsh ip D ia l o g u e Fre ie U n iv e rsitä t, B e rl in O c to b e r 2 7-2 9 2 0 0 8 G p A G e e a
More informationQ & A for the IEEE Comprehensive HealthCare Plan Transition
Q & A for the IEEE Comprehensive HealthCare Plan Transition It is important for the insured to make an informed decision and enroll in the alternative medical coverage that will best meet his or her medical
More information