Analysts' Forecasts and the Broker Relationship

Analysts' ability to forecast earnings per share has been the subject of considerable debate. A concern highlighted in previous research is the agency problem which may arise when analysts have a close working relationship with the firms for which they are providing forecasts. This paper provides evidence that this relationship does not improve the accuracy of the earnings forecasts, but stimulates optimistic forecasts. In addition, the paper examines whether firm size is a factor in forecast accuracy or bias.     

Differential reporting in Germany - A historical analysis

Based on a contingent perspective of accounting change, this paper reviews the historical development of differential reporting in Germany, by drawing on primary and secondary sources. The main objective of the paper is to shed light on the driving forces and main influential parameters that have shaped the existing differential reporting framework. This historical approach supplies interesting insights for the current discussion on differential reporting in Germany produced by the EU Regulation on the application of International Accounting Standards.     

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.     

“标杆示范法”在企业思想政治工作中的应用探索

标杆示范法,是对集体及个人的经验、好的做法进行梳理,在梳理的同时归纳成一系列比较高的标准作为标杆,然后通过多种途径、利用各种有效手段进行示范、推广和学习,使这种高标准由某一个点渗透到更多的面,最终带动整个组织提高管理水平。对＂标杆示范法＂在国有企业的党支部建设、班组建设、员工队伍建设等思想政治工作领域的应用,形成有效的定标、对标、践标、标准化工作的思想政治工作流程进行探索和阐述。     

Tari–tax reforms and market access

Reducing taris and increasing consumption taxes is a standard IMF advice to countries that want to open up their economy without hurting government finances. Indeed, theoretical analysis of such a tari–tax reform shows an unambiguous increase in welfare and government revenues. The present paper examines whether the country that implements such a reform ends up opening up its markets to international trade, i.e. whether its market access improves. It is shown that this is not necessarily so. We also show that, comparing to the reform of only taris, the tari–tax reform is a less efficient proposal to follow both as far as it concerns market access and welfare.     

模糊综合评价在企业战略定位中的应用研究

根据企业经营战略SWOT矩阵分析原理设计了一套用于企业经营战略选择和评价体系,并利用模糊综合评价模型给出企业经营战略评价的方法。     

支持向量机在航材供应模型中的研究

针对部队航材供应量预测过程中,样本采集数目较少的实际情况,采用了一种新的预测方法—支持向量机。该方法基于统计学习理论的原理,较好地解决了小样本的学习问题。并以某部队2000～2007年某项航材供应量为学习样本,建立了该项航材的供应量预测模型。计算结果表明,这种方法比传统的方法具有更少的误差和更好的预测精度。     

启发式教学法在高等数学教学中的应用

在高等数学教学中运用启发式教学法,让学生了解数学概念是怎样形成的,数学问题是怎样提出的,数学结论是怎样应用的,以及结论之间存在怎样的内在联系,有助于激发学生的学习兴趣,由消极被动学习变积极主动学习,并能提高学生分析问题解决问题的能力。     

关于财政学专业人才培养与课程体系、教学方式改进的思考

社会经济的发展对专业人才提出了更高更多的要求,传统财政学专业在新的形势下面临着机遇和挑战,为了财政学专业可持续发展,必须对财政学专业人才培养目标进行重新定位,对财政学专业课程体系进行优化,改进教学方式,为培养新形势下的财政学专业人才打下坚实的基础。