Non-audit fees, long-term auditor–client relationships and earnings management

We examine whether auditor independence is affected by the amount spent on non‐audit services. Faster growth in non‐audit fees and longer time periods over which non‐audit services are purchased might reduce the auditor's independence from that client. Our results do not provide any support for a relationship between non‐audit fee growth rates or the length of time of the non‐audit fee relationship with the client and discretionary accruals, our measure of earnings management. We do find some evidence that the interaction of the non‐audit fee time‐period measures and client importance is positive and significantly related to discretionary accruals.     

创新内涵下的知识密集型服务业盈利模式研究

知识密集型服务的本质是一种服务提供者与客户高度交互的知识创新过程,从服务创新的整合模型出发,提出知识密集型服务的创新要素,并从创新对价值创造环节的介入深度程度,将该行业的盈利模式分为直接提供知识服务的盈利模式、提供创新平台的盈利模式、整合创新要素的盈利模式三种类型,研究了每种模式的特征和盈利模式设计要点。     

对集团客户信贷风险的认识与防范

集团客户是各家商业银行竞争营销的热点,但其风险日渐显现。集团客户法律责任承担的分散性和经济利益的一体性,以及监督制约机制的不规范和治理结构不尽完善等问题,使其比单一客户风险水平更高,商业银行的单一客户信贷管理手段显然不适应对集团客户的管理。通过对集团客户风险的剖析,建议对集团客户信贷管理实施严格筛选、定期访问、加强信息管理和风险预警等新举措。     

离岸IT服务外包发包方选择承接商的影响因素研究——基于上海地区的实证分析

本文基于上海地区,利用与本土IT外包承接企业有业务往来的跨国公司(发包方)数据,对离岸IT服务外包发包方选择承接商的影响因素进行研究。实证分析结果显示,承接企业的项目运营交付能力、国际市场品牌竞争力、行业知识和领域经验、技术和创新能力、风险管控能力等对发包方选择服务外包承接商有显著影响,跨文化沟通和协调、成本竞争力的影响不显著。本土服务外包承接企业可以根据这些因素有针对性地提升其在国际接包市场上的竞争力。     

Peculiarities of public sector clients in service innovations

This paper analyses knowledge-intensive business service firms and their innovation activities in the context of federal government procurement with empirical evidence from Swiss information technology firms. The paper contributes to the growing literature on knowledge-intensive business services by expanding the concept to also capture public sector clients. It focuses in particular on the ways in which having a public sector client influences a knowledge-intensive business service firm’s ability to innovate, opportunities for interactive learning with their clients, and ways in which having a public sector client allows a firm to diversify. The paper shows that having a federal agency as a client is quite different from a private sector client particularly with regard to multi-party systems on the client side, the importance of informal interactions, and the role of public reputation.     

A multidimensional analysis of supply chain integration in canadian manufacturing

Supply chain management is a key element in companies' competitiveness. We surveyed 512 Canadian manufacturers, most of which were small or medium‐sized enterprises (SMEs). Our survey was structured around four dimensions of supply change integration, namely: nesting, collaboration, financial incorporation, and distancing. In this paper we describe the use of supply chain management practices and show that their use is dependent on the nature of the business partners (i.e., upstream or downstream positioning of partnership in chain logistics of businesses studied), business field (i.e., sector of activities in which the business operates), and organizational size. Our findings suggest that supply chain practices were used more intensively with clients than with suppliers. They also show that practitioners and scholars need to qualify the concept of integration which is often used in a one‐dimensional perspective. Copyright © 2010 ASAC. Published by John Wiley & Sons, Ltd.     

物流配送决策模型

物流配送决策是一个涉及多种因素、多个目标要求的问题,常见的决策模型有单配送中心多用户模型、多配送中心多用户模型及时间窗约束模型,本文对上述模型都进行了深入的研究和论述。     

渠道管理中重点客户的选择

重点客户在渠道管理中的地位越来越重要，利用对客户的定性和定量评估提出一个客户选择区隔图来确定企业中重点客户的名单是本文提出的一个解决方案。     

小额贷款公司中小企业法人客户信用风险评估研究

论文选取我国商业性小额贷款公司面临的信用风险作为研究对象,集中研究针对中小企业法人客户的小额贷款信用风险的评估。文章结合小额贷款公司经营模式和放贷对象的具体特点,基于软硬信息框架设计出一套适合我国小额贷款公司中小企业法人客户的信用风险评估体系,并通过层次分析法和模糊综合评价方法确定各个指标的权重配置。案例试算表明,该模型对于小额信贷公司的信用风险具有良好的评估效果,能为小贷公司的信用风险防范和信贷决策提供有效指导。     

The effects of corporate governance and audit and non-audit fees on IPO Value

This paper examines the effects of non-executive board members, audit committee composition and financial expertise, and fees paid to audit firms on the value of 375 UK initial public offerings (IPOs). Empirical findings show that underpricing decreases in audit fees whereas it increases in non-audit fees. A higher proportion of non-executive directors on the firm’s board and audit committees with a higher proportion of non-executive directors and financial accounting expertise of their members positively moderate the inter-relationships between underpricing and both audit and non-audit fees paid by companies going through an IPO. Further investigations using the adjusted price-to-book value as a proxy for firm value at IPO confirm our main findings that internal governance mechanisms may complement services provided by the auditors in terms of generating higher valuations. Controlling for the simultaneous determination of audit and non-audit fees, our results remain consistent.