Auditor conservatism and voluntary disclosure: Evidence from the Year 2000 systems issue

This study further examines the phenomenon of conservative auditor behaviour by considering the level of voluntary disclosure of Year 2000 remediation information in company annual reports. Previous studies have provided evidence of conservative auditor behaviour by examining the link between Big 6 auditor choice and accruals (Francis and Krishnan 1999; Becker et al ., 1998; Defond and Subramanyam 1998). Protecting their reputation capital increases Big 6 auditor incentives to act conservatively to avoid litigation risk. We propose and find that Big 6 auditor clients disclose more Year 2000 remediation information than non–Big 6 auditor clients.     

"十四五"规划时期中国需要开展农民工市民化攻坚战

农民工市民化攻坚战是要在基本实现社会主义现代化新阶段的15年内使得近两亿已经和将要在城镇稳定就业的农民工中的大多数基本上成为市民；其必要性在于，这是新阶段基本实现社会主义现代化的客观要求、基本实现高质量新型城镇化和优化城乡结构的主要任务、更好地解决“三农”问题的重要措施、促进城镇发展和稳定的有益途径，是农民工市民化更有效的战略措施，也有助于推动全面深化改革、有效扩大内需；其可能性在于，无论从资金筹集方面来看，还是从制度改革创新方面来看，都基本具备实现农民工市民化的条件；其主要战略措施包括，由党和国家统一规划部署、综合配套、协调推进，实行市民化和回乡创业就业双管齐下的战略方针，以相关制度改革创新和有效筹集使用相关资金为战略重点等。     

“三个差距”的变动趋势及调整对策:重庆个案

贫富、城乡、区域三个差距已成为现阶段经济社会发展的障碍。以重庆为个案,测算并计量分析其三个差距的变动趋势。基于此,十二五期间,重庆必须完善微观分配制度、加强宏观调控,同时实施社保、金融等各方面的综合配套改革措施,以便顺利实现缩小三个差距、促进共同富裕的战略目标,更好地促进经济社会的全面发展。     

深入社会改革,加快建设和谐无锡——无锡“十二五”社会改革途径探讨

经过三十多年的改革开放以后,无锡和全国一样,经济社会有了巨大的发展,但是,社会发展滞后于经济发展的情况仍然存在,急需深入社会改革,推动社会发展。本文在回顾无锡在"十一五"期间社会改革取得的成就基础上,分析了无锡社会发展存在的问题和面临的挑战和机遇,提出了"十二五"期间无锡深化社会改革的目标以及在政府职能转换、社会管理模式创新、实现公共服务均等化和城乡协调发展等四个方面的改革建议,最后提出了保障改革的一些措施。     

Two-Sided Bounds for Ruin Probabilities when the Adjustment Coefficient does not Exist

In this paper, we derive two-sided bounds for the ruin probability in the compound Poisson risk model when the adjustment coefficient of the individual claim size distribution does not exist. These bounds also apply directly to the tails of compound geometric distributions. The upper bound is tighter than that of Dickson (1994). The corresponding lower bound, which holds under the same conditions, is tighter than that of De Vylder and Goovaerts (1984). Even when the adjustment coefficient exists, the upper bound is, in some cases, tighter than Lundberg's bound. These bounds are applicable for any positive distribution function with a finite mean. Examples are given and numerical comparisons with asymptotic formulae for the ruin probability are also considered.     

KLSE Long Run Overreaction and the Chinese New-Year Effect

This study investigates long run overreaction and seasonal effects for Malaysian stocks quoted on the Kuala Lumpur Stock Exchange (KLSE), for the period 1986–1996. Stocks exhibiting extreme returns relative to the market over a three year period experience a reversal of fortunes during the following three years. There is also evidence that employing a contrarian trading strategy may yield excess returns. Of particular interest is the apparent existence of a Chinese New Year effect in both the level of market returns, and the overreaction profile for KLSE stocks. These seasonalities mirror the January-effect observed in US markets.     

2009年上半年新疆农户固定资产投资调查分析

本文对新疆30个县（市）1550户农民固定资产投资情况进行了调查分析,认为2009年以来,随着中央和自治区继续加大对新疆农村的各项投入和惠农富农政策的逐步落实到位,农民收入持续增长,农户投资热情高涨,农民生产性和生活性的固定资产均保持了较快增长,农业和农村经济呈现良好发展态势。     

"十三·五"时期贵州省保持适度投资规模的研究

西部大开发以来,贵州投资规模逐年扩大,属于典型的投资拉动型经济.贵州省要实现与全国同步小康目标,在"十三五"时期仍需保持适度投资规模和增长速度,同时要提高投资质量和效率.     

Evaluation of student feedback

We examine a flexible assessment system that allows students to determine the weights allocated to each course component and to re-allocate the weights in response to achieved scores. The flexibility is intended to encourage students’ participation in the learning process, thereby promoting self-regulated learning skills. We compare this assessment system to a traditional system and to another system, in which the students may choose their own weights but cannot change them later in the term. We examine the impact on students’ motivation as measured by the Motivated Strategies for Learning Questionnaire (MSLQ), as well as the impact on grades and students’ attitudes. Our results indicate little improvement in motivation, grades or attitudes when students design and commit to their grading plans early in the term. However, the more flexible system, which allows for re-allocation, appears to improve students’ grades, self-reported motivation and attitudes.     

Reference Publication Year Spectroscopy (RPYS) with publications in the area of academic efficiency studies: what are the historical roots of this research topic?

In this study, we explore the historical roots of the relatively new topic in scientometrics of academic efficiency assessments. We are interested in the contributions of researchers from the past which have been revealed as important for the topic in the long run. The technique of Reference Publication Year Spectroscopy (RPYS) has been recently introduced which is based on the analysis of the frequency with which references are cited in the publications of a specific research field (here: academic efficiency assessments). The study is based on papers conducted for a systematic review of empirical articles on technical efficiency in academic research production: 60 papers (published between 1992 and 2012) and 1314 cited references. Results indicated that 5 peaks are clearly identifiable until 2000. They correspond, respectively, to the years 1957 (The founding article of Farrell), 1978 (Proposition of a new promising approach: the Data Envelopment Analysis (DEA) by Charnes et al.), 1988 (Research-teaching multi-output model and integration of quality indicators), 1990 (DEA in the service of Research Assessment Exercise) and 1997 (Introduction of weight restrictions in DEA). The peaks are described with the underlying publications and recent developments (since 2000) in the area of academic efficiency studies are outlined.