...Marshall Digital Scholar Accounting Faculty Research Accountancy and Legal Environment 1-1-2009 An Analysis of Social Factors Influencing the Adoption of International Financial Reporting Standards Jeffrey J. Archambault Marshall University, archambault@marshall.edu Marie E. Archambault Marshall University, archambaultm@marshall.edu Follow this and additional works at: http://mds.marshall.edu/acct_faculty Part of the Accounting Commons, and the International Business Commons Recommended Citation Archambault, J.J. and Archambault, M.E. (2009) “An analysis of social factors influencing the adoption of International Financial Reporting Standards”, Journal for Global Business Advancement, 2 (1-2), pp. 38-53. This Article is brought to you for free and open access by the Accountancy and Legal Environment at Marshall Digital Scholar. It has been accepted for inclusion in Accounting Faculty Research by an authorized administrator of Marshall Digital Scholar. For more information, please contact zhangj@marshall.edu. An analysis of social factors influencing the adoption of International Financial Reporting Standards Jeffrey J. Archambault• and Marie E. Archambault Division of Accountancy and Legd Environment, Lewis College of Business, Marsh!.ll University, One John Marshall Drive, HuntingtOn, WV 25755, USA E-mail: archambault@marshall.ecil E-mail: arcbambaultm@marshaU.edu *Corresponding autho r Abstnct: This paper examines the decision of 120 countries to...
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...Curriculum Source References The following references were used in the CFA Institute-produced publications Quantitative Methods for Investment Analysis, Analysis of Equity Investments: Valuation, and Managing Investment Portfolios: A Dynamic Process. Ackerman, Carl, Richard McEnally, and David Ravenscraft. 1999. “The Performance of Hedge Funds: Risk, Return, and Incentives.” Journal of Finance. Vol. 54, No. 3: 833–874. ACLI Survey. 2003. The American Council of Life Insurers. Agarwal, Vikas and Narayan Naik. 2000. “Performance Evaluation of Hedge Funds with OptionBased and Buy-and-Hold Strategies.” Working Paper, London Business School. Ali, Paul Usman and Martin Gold. 2002. “An Appraisal of Socially Responsible Investments and Implications for Trustees and Other Investment Fiduciaries.” Working Paper, University of Melbourne. Almgren, Robert and Neil Chriss. 2000/2001. “Optimal Execution of Portfolio Transactions.” Journal of Risk. Vol. 3: 5–39. Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy.” Journal of Finance. Vol. 23: 589–699. Altman, Edward I. and Vellore M. Kishore. 1996. “Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds.” Financial Analysts Journal. Vol. 52, No. 6: 57−63. Altman, Edward I., R. Haldeman, and P. Narayanan. 1977. “Zeta Analysis: A New Model to Identify Bankruptcy Risk of Corporations.” Journal of Banking and Finance. Vol. 1: 29−54. Ambachtsheer, Keith, Ronald Capelle, and...
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...Toyota is renowned not only as one of the World's greatest manufacturers and for its Toyota Production System (TPS), but also as the company that inspired Lean Production (Lean). However, there is a common assumption that Lean Production and the Toyota Production System are identical. In this research paper we will compare TPS and Lean and will try to answer the question: Are there any differences between TPS and Lean and, if yes, what are they? Our approach to comparing TPS and Lean will be based on the 14 Management principles described in Jeffrey Liker's book The Toyota Way. We will briefly describe each TPS principle and then search the Lean literature: books, journal articles, and web-sites to find evidence of whether or not the same principle is present in Lean Production and whether there are any differences in the interpretation of the principle, its scope and depth. It is worth noting that this research paper will focus on one way comparison between TPS and Lean; we will not try to outline topics present in the Lean literature and then identify whether or not they are covered in the TPS literature. This research paper is based on the usage of three types of resources: books, articles and organizational web-sites. The books listed in the references section can be generally sub-divided into three groups: the origination of Lean and its connection to Toyota ([1] and [3]), books describing the Lean tools and providing limited guidance on the implementation of Lean ([2]...
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... This paper will explore the history of DNA profiling in the criminal justice system. While it is a common misconception that James Watson and Francis Crick discovered DNA in the 1950s, it was actually discovered in the 1800s. The molecule now known as DNA was first identified in the 1860s by a Swiss chemist called Johann Friedrich Miescher. Johann set out to research the key components of white blood cells, part of our body’s immune system. The main source of these cells was pus-coated bandages collected from a nearby medical clinic....
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...RESEARCH 2015 R E S E A R C H , 2 015 The Doctoral Programs at Harvard Business School educate scholars who make a difference in the world through rigorous academic research that influences practice. More than 140 strong, HBS doctoral students represent diverse backgrounds, degrees, undergraduate schools, and disciplines includ— ing economics, engineering, mathematics, physics, psychology, and sociology. They examine the most critical issues in business management through rigorous research, creating and disseminating new knowledge as the next generation of thought leaders. By the time they graduate, students will have authored and co-authored publications with faculty members, who often become important mentors, colleagues, and collaborators. ACCOUNTING AND MANAGEMENT Chattopadhyay, Akash , Matthew R. Lyle, and Charles C.Y. Wang. “Accounting Data, Market Values and the Cross-Section of Expected Returns Worldwide.” Working Paper, April 2015. (Revise and resubmit to Journal of Accounting and Economics.) Gow, Ian D., Sa-Pyung Sean Shin, and Suraj Srinivasan. “Activist Directors: Determinants and Consequences.” HBS Working Paper 14-120, June 2014. Gow, Ian D., Sa-Pyung Sean Shin, and Suraj Srinivasan. “Consequences to Directors of Shareholder Activism.” HBS Working Paper 14-071, February 2014. Ioannou, Ioannis, Shelley Xin Li, and George Serafeim. “The Effect of Target Difficulty and Incentives on Target Completion: The Case of Reducing Carbon Emissions.”...
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...Research Paper Number of Third Year Students Having a Grade of 79 and Below (focusing on 2nd Grading; pertaining all subjects) Ritchie Alquisola Perny Austria Mirasol Abrenica Niña Mae Acabal Badian National High School Badian, Cebu S.Y. 2012-2013 Rowena Espinosa Statistics Teacher INTRODUCTION This research about the “Number of third Year Students Having a Grade of 79 and Below” aims to come up a summary of a list of third year students who received a grade of 79 and below during their second grading period, pertaining all subjects. The researchers interviewed each student from six (6) different sections out of nine (9) sections in third year. This represents 67% out of 100%. The six (6) sections were Archimedes, Aristotle, Einstein, Euclid, Kepler, and Newton. The three (3) sections which were not interviewed were Plato, Pythagoras, and Socrates. Results of the study showed that out of 479 third year students, 179 or 37% of these received a grade of 79 and below during their second grading period. To make this research valid, researchers also included the “Slovine’s Formula”, construction of “Frequency Distribution Table”, “Graphical Display of Data”, and the name of the students which were interviewed. SLOVINE’S FORMULA n=N1+Ne2 n=1791+179(0.05)2 n=123.45 ~ 123 RespondentsArchimedesAristotleEinsteinEuclidKeplerNewton | Population391738252436 | Percentage39179=0.22100=22%17179=0.09100=9%38179=0.22100=22%25179=0.14100=14%24179=0.13100=13%36179=0...
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...CHAPTER-1 INTRODUCTION BACKGROUND OF THE STUDY:- Once the seventh largest company in America, Enron was formed in 1985 when InterNorth acquired Houston Natural Gas. The company branched into many non-energy-related fields over the next several years, including such areas as Internet bandwidth, risk management, and weather derivatives (a type of weather insurance for seasonal businesses). Although their core business remained in the transmission and distribution of power their phenomenal growth was occurring through their other interests. Fortune Magazine selected Enron as "America's most innovative company" for six straight years from 1996 to 2001. Then came the investigations into their complex network of off-shore partnerships and accounting practices The saga of the ENRON Corporation has been unfolding in the media for well over a year. In the span of only three years, ENRON has gone from public and professional acclaim of the company and its senior executives to scorn, infamy and bankruptcy. Its public auditing firm, Arthur Andersen, has basically been destroyed, as well as publicly disgraced. Tens of thousands of employees and investors have been emotionally and financially affected. Major financial services firms in banking, securities brokerage and insurance have been, and may yet be, drawn into the legal battles regarding who is to blame for the ENRON failure. Enron grew wealthy due largely to marketing, promoting power, and its high stock price. Enron was...
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...modern technology such as electromyography that measures the activity of smile muscles in the face. But I personally think this kind of technology might end up in biased results. Smiling doesn’t always reflect happiness; it might be forcefully done, people might be forced to smile because it is part of their daily work to be gracious and pleasant, so we can’t base our results on one such factor as smile muscles rather there should be more than one factor taken into consideration while measuring happiness. Studies also report how forceful smiling led employees to distress and eventually quitting work. A research paper was published in the Academy of Management Journal, in which a sample of bus drivers were studied for their fake emotions and the after effects of these emotions. As Joanna (2009) discusses, ‘Surface acting’ and ‘Deep Acting’ were the two variables of study. A research found that when these bus drivers were forced to smile and suppress the negative thoughts, they ended up worsening their moods and quitting from work. On the other hand when the...
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...Systems Research and Behavioral Science Syst. Res. 15, 365–372 (1998) & Research Paper Evolution and Thermodynamics: The New Paradigm{ Jeffrey S. Wicken* Department of Biochemistry, Penn State University, Erie, Pennsylvania, USA This paper introduces the new evolutionary paradigm born of the synthesis of Darwinism and thermodynamics. It also introduces this volume, whose theme is the integration of life and social process with physical law. The sense of this expansion is as follows: Darwinism has come under intense scrutiny in recent years, from several fields. These range from statistical mechanics to developmental biology. In this paper, I will discuss the direction the revision of the Darwinian program is taking through thermodynamics, which is the science of irreversible process and self-organization. My objective is to show the coherence of life with the rest of nature. # 1998 John Wiley & Sons, Ltd. Keywords evolution; emergence; thermodynamics INTRODUCTION Evolutionary theory is presently undergoing the kind of massive conceptual restructuring that marked the two great scientific revolutions of our century: relativity and quantum mechanics. Like those two revolutions, the one occurring in evolutionary theory has tremendous practical and epistemological implications for understanding, and dealing with, nature. Much is dissonant in the Darwinian world. The ecological relationality of life had, from the time of Aristotle, suggested a functional order of nature...
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...Section 7: Conclusion Section China and the World: Scenarios to 2025 7 Conclusion Given the importance of China today, there can Wild cards are low probability events which be no doubt that the determination of Chinese would have a significant impact if they were to leadership to maintain the course of reform will occur. In the case of China they could include : be a decisive factor in the global future. It is • A possible Taiwan conflict : equally true that the support of other global How would China react if Taiwan were to players and their preparedness to welcome declare independence ? For many years China in its gradual rise in greatness will have a independence was not an issue as the direct impact on how China emerges. Given the Kuomintang rulers of Taiwan claimed they close connection between China and global were the real government of China and welfare, these scenarios indicate that outsiders had no interest in relinquishing their claim must appreciate the scale of the challenges on sovereignty. But independence has faced by the government in Beijing, and that become an issue with the rise of generations those in China need to comprehend the born and raised on the island. They have sensitivities of outsiders to its rise. successfully established democratic rule and some do not want to be subject to rule Raising awareness of differing sensitivities is an important role that scenarios can play. from a distant capital. The implications of...
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...Barbara W. “Cash Cropping and Upstream-downstream Tensions: The Case of Jambi in the Seventeenth and Eighteenth Centuries”. In Southeast Asia in the Early Modern Era: Trade, Power, and Belief, edited by Anthony Reid. Ithaca, N.Y.: Cornell University Press, 1993. Baker, M. H. Sabah: The First Ten Years as a Colony. Kuala Lumpur: Malaysia Publishing House, 1965. Black, Ian. “The Ending of Brunei Rule in Sabah, 1878–1902”. Journal of the Malayan Branch of the Royal Asiatic Society 41, no. 2 (1968): 176–92. ———. A Gambling Style of Government: The Establishment of Chartered Company Rule in Sabah, 1878–1915. Kuala Lumpur: Oxford University Press, 1985. ———. “The Rundum Rebellion of 1915 in Sabah: Millenarianism and Social Protest”. Paper presented at the Seminar Sejarah dan Masyarakat Sabah [Seminar on the History and Society of Sabah], Kota Kinabalu, 12–16 August 1981. Blood, Doris E. “The Lotud”. In The Social Organization of...
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...Politics Research Paper Danica Misic The Death Penalty and Politics Introduction The death penalty seems like a dreadful phrase at first glance, especially for those who are facing it. People convicted and sentenced to the death penalty usually have a long wait ahead of them. Some of these people facing the death penalty are looking forward to their execution, and some are dreading it. What exactly is the death penalty? To some it may be freedom once carried out, and to others it is retribution, a political tool, a means for producing money, or a deterrent for future crimes. It is important that the United States come to some conclusion so we can end the death penalty debate; we want the truth, not assumptions that can be argued to no end. This paper will discuss the ins and outs of the death penalty, why it has created much debate, why it is not a deterrent of murder, and that it is mostly used as a political tool. There have been many studies done to both effects; the death penalty deters crime, or it does not deter crime because the previous studies were flawed. First presented is a brief history to better understand where the death penalty comes from. The next section will discuss the modern approaches to the death penalty including landmark cases that changed the way the death penalty is executed in the United States. Following this section is an explanation of deterrence and its effects, and other controversies that exist. Finally the paper will discuss...
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...Illegal Immigration and Border Policy In recent years, Illegal immigration has been a contemporary political and social debate. It has been the platform of many politicians, especially in the southwest, and it is often a popular subject in news media. People in favor of strict immigration policy often claim that illegal immigrants are costly to the American economy and that they take American jobs. The border control policy is ineffective, it is often too costly for its effectiveness. Border policies have increased the number of immigrant deaths in the deserts of border states. Not only that but the US/Mexico border is harmful to the environment. The anti-immigration policy that's currently in effect goes against a rich cultural history in North America. Lastly, popular arguments made for strict immigration will be brought to light. In 2006, George W. Bush signed H.R. 6061, also known as the Secure Fence Act, in an attempt to increase border security and expand the US/Mexico Border. Prompted by heightened national security measures after 9/11, the bill was designed to "help protect the American people" and marked " an important step toward immigration reform" (Bush 2006). The bill doubled funding for border security, increasing expenditures from $4.6 billion in 2001 to $10.4 billion in 2006. This money went to "[authorize] the construction of hundreds of miles of additional fencing along our Southern border" and to "[deploy] thousands of National Guard members to assist...
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...Kale(1985) & Black(1986) |If traders trade on “noise” signals, unrelated to fundamental data, then share price can deviate from intrinsic value. | | |Shleifer (2000) |Two major foundation of behavioral finance: | | |Limited arbitrage | | |Investor sentiment | |Shleifer (2000) |Investor sentiment is mainly driven by two phenomena: | | |The tendency of people to view events as representative of some specific | | |class and ignore the laws of probability in the process | | |And conservatism. | |Lee, Shleifer & Thaler (1991) |CEFD suggest that as the discount increase, retail investor sentiment | | |decrease. | |Barber, Odean and Zhu(2006)...
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...COURSE REQUIREMENTS Final course grades will be based on student performance on three written assignments and on student participation in class discussions. Written Assignments. Each student will be expected to submit two individual case analyses that indicate what the student learned from reading and discussing the case in question. The case analyses should be one single spaced typewritten page long and should be submitted the week after the case that they address is discussed in class. Individual case analyses will be graded on a scale from 1-3 and together will comprise 10% of a student’s final grade. Each student should also form a group with three to four other students to complete a case study of a real organization. The research for this case study can be carried out using primary sources (e.g., participation observation and/or interviews) or secondary sources (e.g., books, articles, or prepared cases about a target organization). Thus, group members need not have worked in an organization to use it as the subject of their final case analysis. Other case analysis topics may also be acceptable. Final...
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