Earnings management and abnormal returns: Evidence from the 1970–1972 Price Control Regulations

We examine the association between abnormal returns and earnings management in the context of price control regulations to test the construct validity of the earnings management model. Abnormal returns are used as a market–based measure, and discretionary accruals are employed to measure earnings management. Our results support the hypotheses that (1) price control regulations affect firms' security prices negatively, (2) firms make income–decreasing discretionary accruals to increase the likelihood of price increase approval, and (3) firms that are affected most negatively by the regulations manage earnings more aggressively. We conclude that the earnings management model we use in this study is capable of predicting opportunistic discretionary accruals.     

Managing Earnings with Intercorporate Investments

Abstract:  We explore to what extent firms deliberately manage their financial reports by exploiting the flexibility of generally accepted accounting principles. Using a sample of Oslo Stock Exchange-listed firms with 20–50% equity holdings in other firms, we find that firms with high financial leverage tend to maximize reported earnings from these investments through their choice between the cost method and the equity method, possibly in an attempt to reduce debt renegotiation costs or to avoid regulatory attention. In contrast, managers do not systematically bias reported earnings to extract private benefits or to signal revised expectations about future cash flows. Firms use different earnings management tools in a consistent way, as the earnings effect of the cost/equity choice is not offset by discretionary accruals.     

复杂性管理策略:关注整体性

复杂性管理的策略首先要关注和认识复杂系统的整体性,这要通过关注系统的结构、多元化的视角、容忍模糊性和不确定性、借助直觉等手段来达到。在关注和认识整体性的基础上,需要进一步维护和促进复杂系统的整体性,这需要通过保护系统的自组织、创造自组织环境条件、发现和维护序参量、鼓励多元化以及与环境相协调来达成。     

高职高专院校学生职业意识的培养

在大学生就业难的背景下,初步分析了学生职业意识的内涵和意义,探讨学生应具备的职业意识的主要内在构成要素,提出培养学生职业意识的途径和方法。     

心理电影赏析：大学生心理健康教育的新途径

心理电影借助电影这一载体普及心理健康知识,能够给大学生带来生活的启发和感悟,帮助他们学会自我心理调适,从而以和谐健康的心态面对美丽的人生。心理学影片赏析是对心理学电影在专业维度上的心理学探讨,不仅能展现心理学的奇特魅力,探寻人类心灵深处的奥秘,更能让大学生在获得知识和思索自身的同时,满足视觉享受,放松心灵。大学应该开设心理电影赏析课,精心选择适宜的影片,并有针对性地进行解析。     

英语里非真实移动中的移动知觉

英语里非真实移动中的移动知觉表现在相对移动、闪动、观察格局的移动及其产生的视角变化、观察角度转换、语言概念等级变化、诱动、观察者与观察对象之间的距离变化、语义及概念的复现等方面,这些知觉产生了相应的语义结构和语言活动,反映了认知中的变化、发展、矛盾,融合了不同个体在认知心理和客体的客观真实性。对其探讨有助于揭示认知发展和语言发展轨迹。     

当前我国政府绩效管理问题探析

当前,我国政府绩效管理中存在的问题,主要是政府绩效管理缺乏统一的政策指导和制度保障,对政府缋效管理的理论研究与实践发展滞后,社会参与机制不完善,激励制度匮乏等。我国应通过立法来推进政府绩效管理的制度化和规范化;学习和借鉴西方先进思想,加强政府绩效管理的理论研究,建立有效的绩效评估指标体系和完善的激励制度。从而提高我国政府效能。增强政府管理能力。     

边境城市发展需求管理理论初探与研究——以广西区崇左市为例

对边境城市的关注与建设是关系到国家社会安定团结的重要策略。以崇左市这个边境城市的建设为背景,从马斯洛需求层次理论和科学建设城市观的角度出发,把边境城市的发展提到了对其城市建设的需求管理上,把成功打造边境城市品牌的名片纳入到了边境城市提升经济地位的中心策略里,强调了满足边境城市发展的需求管理理论,可以有效地建立于邻国的友好往来、互惠互利的关系,并给边民们在心理上建立了有效的安定繁荣的心理效应,使得他们能够在此安居乐业,共创美好和平的新生活。