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munzig - 2003 - enron and the economics of corporate governance

Managing Information Risk and the Economics of Security

Managing Information Risk and the Economics of Security

... multi-factor authentication for fear of alienating customers. Hopefully the glare of the media will change user perspective on authentication. Managing Information Risk and the Economics of Security ... Websites and the Underground Economy on the Chinese Web 225 1 Introduction 225 2 Related Work 227 Managing Information Risk and the Economics of Security 3 the depth of coverage on security ... Policy and Regulation, Risk Management and Security Investment, Technology and Policy Adoption, Combating Cybercrime, Privacy and Trust. Information Risk and the Economics of Security presents the...
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Tài liệu Corporate Ownership structure and the Informativeness of Accounting Earnings in East Asia doc

Tài liệu Corporate Ownership structure and the Informativeness of Accounting Earnings in East Asia doc

... quality of accounting earnings, as proxied by the size of the firm’s auditor, positively affects the stock price informativeness of earnings. 2.3.2. The information argument Concentrating ownership ... value of equity in millions of U.S. dollar at the beginning of the year. Q = the market value of equity divided by the book value of total assets at the beginning of the year. LEV = the total ... between ownership concentration and earnings informativeness. As the incentive alignment and the information effects could coexist, the relation between ownership concentration and earnings informativeness...
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Tài liệu Historical Materialism and the Economics of Karl Marx pptx

Tài liệu Historical Materialism and the Economics of Karl Marx pptx

... will disentangle the puzzles into which they have fallen and help them tounderstand one another. The present state of the controversy about the value of the writings of Karl Marx obviously calls ... shown the sterility of the earlier political theory which thought only in terms of the individual and his state. The wonderful vitality of the Marxian theory of labour value in spite of all the ... but by the law of supply and demand. Where there are differences of ability there is some kind of monopoly, and where there ismonopoly, you cannot eliminate the influence of the relation of supply...
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Tài liệu Essays in the Economics of Crime and Punishment doc

Tài liệu Essays in the Economics of Crime and Punishment doc

... number of offenses and increase the optimal values of p andf. On the other hand, an increase in the other component of the cost of apprehension and conviction,hasno direct effect on the marginal ... gnvariables, and their the two first-order o and LIf and are notrecombine terms, to and Dwhere and The term on the increasing the numbeinfand in (22) throuto be in a region whe:22. The Mathematica ... that the prob-to the earnings of prisonment and pos-kegative relation for the sum isfixed, isin the regard to the profit of the y punishments should al-ount of the fine should bef the offender's...
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Ph.D. Program in “Economics and Management” Accounting and governace The role of Corporate Disclosure docx

Ph.D. Program in “Economics and Management” Accounting and governace The role of Corporate Disclosure docx

... to monitor the use of their capital once committed (the ex-post or stewardship role of accounting information). Information asymmetry harms these two main roles of accounting. In this course ... deadline for the submission is the last day of the final exam period. PhD Program in Economics and Management Advanced Financial Accounting Ph.D. Program in “Economics and ... course introduces students to the main theories behind disclosure (from agency theory – unrevealing principle – to cheap talk models) and to the main empirical research themes in existing disclosure...
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benston et al - following the money; the enron failure and the state of the corporate disclosure (2003)

benston et al - following the money; the enron failure and the state of the corporate disclosure (2003)

... : the Enron failure and the state of corporate disclosure / George Benston . . . [et al. ].p. cm.Includes bibliographical references and index.ISBN 0-8 15 7-0 89 0-4 (cloth : alk. paper)1. Disclosure ... Wagenhofer Following the Money0 0-0 890-FM 1/30/03 9:33 AM Page i Following the Money The Enron Failure and the State of Corporate Disclosure George Benston Michael BromwichRobert E. LitanAlfred ... fragmentation of the single standard and thus back to the currentsituation, or at least to a coexistence of two sets of standards, the interna-tional set and the country-specific set. In short, the search...
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bryce - pipe dreams; greed, ego and the death of enron (2003)

bryce - pipe dreams; greed, ego and the death of enron (2003)

... Enron board with investigating off -the- balance-sheet entities created by Fas-tow and his cronies. Of all the documents I used, the Powers Commit-tee report was the most important.In ... were there, too, all of them hoping to impress one or more of the 2,00 corporations that had set up tables at the brand-new sta-dium on the edge of downtown Houston on the ... Houston and feared retri-bution. All of them want to stay out of court. But they wanted the truestory of Enron& apos;s failure to be written. So they trusted me. And though...
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lin and liu - 2009 - the determinants of auditor switching from the perspective of corporate governance in china

lin and liu - 2009 - the determinants of auditor switching from the perspective of corporate governance in china

... of researchdifferentiating the two types of auditor switching. THE DETERMINANTS OF AUDITOR SWITCHING FROM THE PERSPECTIVE OF CORPORATE GOVERNANCE IN CHINA 477Volume 17 Number 4 July 2009 2009 ... switching occurs in Year 2003; 0 otherwiseYr03 = 1 if the switching occurs in Year 2004; 0 otherwise THE DETERMINANTS OF AUDITOR SWITCHING FROM THE PERSPECTIVE OF CORPORATE GOVERNANCE IN CHINA ... 0 otherwise THE DETERMINANTS OF AUDITOR SWITCHING FROM THE PERSPECTIVE OF CORPORATE GOVERNANCE IN CHINA 487Volume 17 Number 4 July 2009 2009 Blackwell Publishing LtdTABLE 4-2 Internal Corporate...
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lin and liu - 2010 - the determinants of auditor switching from the perspective of corporate governance in china

lin and liu - 2010 - the determinants of auditor switching from the perspective of corporate governance in china

... mechanisms and their auditor switching decisions in the Chinese context. Shortly after the founding of the People's Republic of China in 1949, the auditing profession in China diminished completely ... The determinants of auditor switching from the perspective of corporate governance in China Z. Jun Lin a,⁎, Ming Liu baDepartment of Accountancy and Law, Hong Kong Baptist ... or119Z.J. Lin, M. Liu / Advances in Accounting, incorporating Advances in International Accounting 26 (2010) 117–127controlling shareholders f rom infringing u pon the interests of the firm and other...
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munzig - 2003 - enron and the economics of corporate governance

munzig - 2003 - enron and the economics of corporate governance

... ABSTRACT In the wake of the demise of Enron, corporate governance has come to the forefront of economic discussion. The fall of Enron was a direct result of failed corporate governance and consequently ... GOVERNANCE Corporate Governance and the Principal-Agent Problem Before applying theory to the case of Enron, it is important to first discuss the nature of the principal-agent problem and the reasons ... the walls of Enron and our current theories on corporate governance, the firm, and executive compensation. In particular, I look at the role the principal-agent problem played at Enron and attempt...
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