Impacts of the timing of the discovery of a subsequent event on the auditors’ approach to subsequent events

This study investigates the underlying causes affecting auditors’ approaches to subsequent events. As auditors are required to perform the majority of subsequent events procedures near the due date of the audit report, I examine whether auditors are less likely to make adjustments or disclosures regarding subsequent events that occur after the audit completion, but before issuing the audit report. Results indicate that auditors were less likely to adjust Type I events that occurred after audit completion when the risk was low, but not when the risk was high. This was not the case for Type II events, which only require disclosure.     

广州降水与太阳活动及ENSO的关系

文章通过相关性计算得出,太阳黑子对广州降水的影响比南方涛动对广州降水的影响显著,相关系数分别为0．507和0．388,都通过了99％的显著性检验。同时,统计了1950年以来的ENSO事件,并与广州降水作了对应分析。得出结论,ENSO暖事件将使广州降水量减少;相反,ENSO冷事件则使广州降水量增加。     

Disclosure Versus Recognition: Inferences from Subsequent Events

Standard setters explicitly state that disclosure should not substitute for recognition in financial reports. Consistent with this directive, prior research shows that investors find recognized values more pertinent than disclosed values. However, it remains unclear whether reporting items are recognized because they are more relevant for investing decisions, or whether requiring recognition itself prompts differing behavior on the part of firms and investors. Using the setting of subsequent events, I identify the differential effect of requiring disclosure versus recognition in a setting where the accounting treatment of an item is exogenously determined. For comparable events, I find a stronger initial market response for firms required to recognize relative to firms that must disclose, although the large magnitude of the identified effect calls into question whether this difference can be attributed to accounting treatments alone. In examining various reasons for the stronger market response to recognized values, I fail to find support for the hypothesis that this difference is due to differential reliability of disclosed and recognized values. I do find some evidence that investors underreact to disclosed events, consistent with investors incurring higher processing costs when using disclosed information.     

Reactions to abusive supervision: examining the roles of emotions and gender in the USA

Abusive supervision leads to many detrimental outcomes, yet the role of gender and emotions has received little attention. We applied affective events theory to study emotions in a new context. Using qualitative and quantitative methods, we tested a conditional process model of the effects of abusive supervision on subordinate work and job withdrawal as mediated by negative emotions and moderated by gender. We found support for our proposed model. Specifically, abusive supervision increased work and job withdrawal via victims’ negative emotional reactions. When negative emotions are low, women are more likely to engage in work withdrawal; when negative emotions are high, men are more likely to do so. Additionally, men experiencing high negative emotions are likely to quit their job.     

基于朴素贝叶斯模型的电子证照用证智能推荐

数字政务是数字政府建设中的重要组成部分,研究电子证照智能服务有助于数字政务改革。结合朴素贝叶斯模型与某省政务数据构建用证预测模型,并对模型的有效性进行检验。结果表明：法人类型高频办件前10种组合占全部组合的49.46%,远高于个人类型政务服务事件;全省范围内个人用证、法人用证推荐准确率分别可达到53.22%、68.51%,按地市构建模型能够有效提升准确率,部分区域准确率最高可达96.24%;缩小判定政务服务事件先后关系时间窗口,推荐准确率明显降低。研究结果表明了研究方法的有效性,有关方法和结论对提升政府效能具有支撑参考作用。     

城市住宅高空坠物的建筑设计原因分析

分析研究了国内学术界和建筑界对高空坠物引发安全问题的关注情况以及国内建筑设计规范对防止相关事件发生的设计规定,并以城市住宅建筑为例,对高空坠物事件发生的建筑设计原因及其相关的设计规范做了深入地探讨和详细地论述.     

关于基层人民银行进一步加强金融突发事件应急管理机制建设的思考

金融突发事件应急机制是针对金融突发事件而建立的一套防范处置体系。当前全球金融危机的爆发使国际金融环境危机四伏,而我国金融业还处于体制改革和机制更新阶段,因此金融突发事件出现的几率也呈现逐渐上升的趋势。为避免和减少金融突发事件所造成的损失,基层人民银行应进一步加强应急机制建设,增强应对突发金融事件的能力,保障人民银行的资金财产安全。     

How Have Restaurant Firms Responded to Food Safety Crises? Evidence From Media Coverage

Media communication has become a crucial part of crisis communications due to the rapid dissemination of information along with its immense impact on consumers and other stakeholders. Based on a structured content analysis of electronic media reports on restaurant-associated food safety crises from 1993 to 2015, this study examined media reporting patterns focusing on three elements: instructing information, crisis response strategies, and stakeholders. This study also identified the effect of situational factors (severity of risk and crisis type) on the media reporting patterns using Chi-square tests. The results indicated that restaurant firms were more likely to use proactive than passive response strategies, and identified primary stakeholders during a food safety crisis such as regulatory agencies, victims, and customers. Finally, two situational factors were found to influence the pattern of media reporting. The media reporting patterns were found to vary by risk severity and crisis type.     

Extreme events and the cumulative distribution of net gains in gambling and structured products

We argue that ethical principles in advertising and market communication cannot be properly discovered and applied to gambling without a deep understanding of its probabilistic implications, in particular when extreme events are influential. We carry out a probabilistic analysis of lottery games with lifetime prizes in order to derive sound recommendations about the pertinent information that should be communicated to nudge gamblers. We propose to focus on the cumulative distribution of net gains, for which there is currently no information available to gamblers. This holds true for structured products in which extreme events matter as well.     

The economic burden of common adverse events associated with metastatic colorectal cancer treatment in the United States

Aims: Adverse events (AEs) associated with treatments for metastatic colorectal cancer (mCRC) may compromise the course of treatment, impact quality-of-life, and increase healthcare resource utilization. This study assessed the direct healthcare costs of common AEs among mCRC patients in the US.

Methods: Adult mCRC patients treated with chemotherapy or targeted therapies were identified from administrative claims databases (2009–2014). Up to the first three mCRC treatment episodes per patient were considered and categorized as with or without the AE system/organ category during the episode. Total healthcare costs (2014 USD) were measured by treatment episode and reported on a monthly basis. Treatment episodes with the AE category were matched by treatment type and line of treatment to those without the AE category. Adjusted total cost differences were estimated by comparing costs during treatment episodes with vs without the AE category using multivariate regression models; p-values were estimated with bootstrap.

Results: A total of 4158 patients with ≥1 mCRC treatment episode were included (mean age?=?59 years; 58% male; 60% with liver and 14% with lung metastases; 2,261 [54%] with a second and 1,115 [27%] with a third episode). On average, two treatment episodes were observed per patient with an average length of 166 days per episode. Adjusted monthly total cost difference by AE category included hematologic ($1,480), respiratory ($1,253), endocrine/metabolic ($1,213), central nervous system (CNS; $1,136), and cardiovascular ($1,036; all p?Limitations: Claims do not include information on the cause of AEs, and potentially less severe AEs may not have been reported by the physician when billing the medical service. This study aimed to assess the association between costs and AEs and not the causation of AEs by treatment.

Conclusions: The most costly AEs among mCRC patients were hematologic, followed by respiratory, endocrine/metabolic, CNS, and cardiovascular.