Auditors' Responses to Workload Imbalance and the Impact on Audit Quality*

Using detailed data for fieldwork hours and audit hours by rank from audit engagements in Korea, we examine whether audits conducted under workload imbalance, proxied by busy‐season audits, impair audit quality, and how auditors adjust staff assignments for busy‐season audits. We generally find that busy‐season audits are associated with lower audit quality, and that audit firms reduce the involvement of senior auditors during busy‐season audits. In addition, the greater the involvement of senior auditors and junior auditors, the lesser the deterioration in audit quality. Finally, although there is no increase in interim audits in response to workload imbalance during busy seasons, increasing interim audits can mitigate the negative impact of busy‐season audits on audit quality. Our results are relevant to auditors and regulators, who have expressed concerns about the adverse effects of workload imbalance on audit quality.     

Microcredit games with noisy signals: Contagion and free-riding

The advent of microcredit financing has remarkably improved access to credit for the poor in many developing countries. Although several microcredit programs have adopted the joint liability scheme, economic theory suggests that joint liability could increase strategic default through contagion and free-riding. This paper aims at studying the extent of free-riding and contagion in joint liability lending. By using data from experimental repayment games conducted in Vietnam, with noisy signals that resemble actual microcredit programs, we found that subjects were motivated to free-ride under the joint liability scheme. While most empirical research in this area has focused on the problem of contagion, our findings point to the significance of investigating free-riding behavior under joint liability schemes. Analyses reveal that the free-riding tendency may be led by the irresponsiveness of repayment and shouldering behavior to the partner’s seemingly strategic default in the previous round.     

企业海外投资的环境责任风险

随着我国"走出去"开放战略的实施,中国企业海外投资的规模迅猛发展,海外投资中的环境责任风险事件也时有发生,引发了国际舆论的关注。基于我国海外投资中产生环境责任风险的主要原因和体现,需要寻求防范和降低海外投资环境责任风险的对策,完善我国海外投资机制。这不仅能给中国企业海外投资创造更有利条件,也能进一步提升中国的国际形象。     

论责任保险与侵权法融合过程中几个冲突的解决

侵权法与责任保险是现代损害赔偿体系中两种重要的制度,二者相互影响:侵权法的发展催生了责任保险,与此同时,责任保险的发展也对侵权法起反作用。两种制度在运行中呈不断融合之势,但在这种不断融合的过程中存在诸多冲突。本文就侵权法与责任保险相融合过程中出现的损害赔偿请求权与责任保险金请求权,损害赔偿请求权与责任保险代位求偿权以及损害赔偿体系中的责任"竞合"等冲突提出了解决办法。     

劳务派遣关系中雇主责任之分配与承担——西方及台湾地区的经验借鉴

随着《劳动合同法》的颁布和劳务派遣在我国的增加,理论界加强了对劳务派遣的研究,但劳务派遣中雇主责任的研究和立法方面不够成熟。对英、美、法等国以及我国台湾地区劳务派遣立法进行比较与借鉴,结合我国实际情况进行分析,建议我国劳动派遣法制应具体划分劳动派遣中雇主义务与责任,在外部责任承担方式上应该选择双重责任或连带责任,在内部责任分配上可以允许通过契约实现意思自治。     

当前我国环境污染责任保险发展的主要问题及对策建议

我国环境污染责任保险的试点已取得较大进展,但其发展仍然十分滞后,在发展中还存在经营风险大、经营技术落后、法律法规建设缺位、政府支持不足等问题。环境污染责任保险要健康有序的发展,必须改进保险经营技术;建立有效的风险分散机制;加快法律法规建设,使环境污染责任保险走上规范化、制度化发展的轨道;发挥政府的主导作用,切实推动环境污染责任保险的发展。     

论保险人明确说明义务的范围

保险人需明确说明的＂免除保险人责任的条款＂应包括免除或者限制保险人责任的条款,其并不局限于保险合同中约定的＂除外责任＂条款;投保人已知或应知的免除或者限制保险人责任的免责条款,即便保险人未明确说明,也不应导致该条款不生效力。     

期权模型在财产保险偿付能力研究中的应用

期权模型已广泛应用于金融保险业。本文将期权定价模型运用于财产保险的偿付能力分析。在保险被视为公司的负债且保险的需求函数与偿付能力不足风险成反比的假设下,可通过选择偿付能力不足风险的水平来实现保险人的利润最大化。     

唐朝司法官责任制度与现实借鉴

唐朝的司法官责任制度具有鲜明的特色和深厚的政治文化基础.详备、严格、体系化的法官违法责任制度,为当今法治国家的构建提供有益思考.