the role of international accounting standards in transitional
... The results reported in Section 4, show that after controlling for cash flows, accruals computed using both PRC and IAS standards have a strong positive association with future operating cash flows. When we examine the explanatory power of accruals under each standard separately, we find that neithe ...
... The results reported in Section 4, show that after controlling for cash flows, accruals computed using both PRC and IAS standards have a strong positive association with future operating cash flows. When we examine the explanatory power of accruals under each standard separately, we find that neithe ...
2016 Form 10-K - PSEG Investor Relations
... that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these ...
... that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these ...
KELLOGG CO (Form: 10-K, Received: 02/24/2014 16
... government trade policies. The cost of such commodities may fluctuate widely due to government policy and regulation, weather conditions, climate change or other unforeseen circumstances. Continuous efforts are made to maintain and improve the quality and supply of such commodities for purposes of o ...
... government trade policies. The cost of such commodities may fluctuate widely due to government policy and regulation, weather conditions, climate change or other unforeseen circumstances. Continuous efforts are made to maintain and improve the quality and supply of such commodities for purposes of o ...
- Franklin Templeton Investments
... outcome, strong job gains reported after period-end resulted in the Fed raising interest rates at its December meeting. The bond markets already reflected higher interest rates in November. In all economic environments, we are committed to our long-term perspective and disciplined investment approac ...
... outcome, strong job gains reported after period-end resulted in the Fed raising interest rates at its December meeting. The bond markets already reflected higher interest rates in November. In all economic environments, we are committed to our long-term perspective and disciplined investment approac ...
US Government II Unit 8: Macroeconomics and Personal Finance
... Unit Reading McGraw‐Hill: Networks; Chapter 16‐Lesson 3: Demand and Supply in a Market Economy pp. 452‐459 McGraw‐Hill: Networks; Chapter 17‐Lesson 2: Economic Flow and Economic Growth pp. 471‐476 McGraw‐Hill: Networks; Chapter 17‐Lesson 3: Capitalism and Free Enterprise pp. 477‐481 ...
... Unit Reading McGraw‐Hill: Networks; Chapter 16‐Lesson 3: Demand and Supply in a Market Economy pp. 452‐459 McGraw‐Hill: Networks; Chapter 17‐Lesson 2: Economic Flow and Economic Growth pp. 471‐476 McGraw‐Hill: Networks; Chapter 17‐Lesson 3: Capitalism and Free Enterprise pp. 477‐481 ...
When Marketing Strategy First Meets Wall Street
... channel partners, attractive price premiums, useful defense against new entrants), leading to superior future cash flows with a healthier financial outlook. If so, pre-IPO marketing spendings may help provide information about the true value of the firm and reduce the information asymmetry in IPOs, ...
... channel partners, attractive price premiums, useful defense against new entrants), leading to superior future cash flows with a healthier financial outlook. If so, pre-IPO marketing spendings may help provide information about the true value of the firm and reduce the information asymmetry in IPOs, ...
Stylized Facts for Business Cycles in Turkey Harun ALP Yusuf Soner BAŞKAYA
... Business cycles are defined as regular patterns in fluctuations in economic activity and recurrent patterns displayed by the data. Using the adjective business to restrict the concept to fluctuations in economic activity and adding the noun cycle to bar out fluctuations, which do not recur with a me ...
... Business cycles are defined as regular patterns in fluctuations in economic activity and recurrent patterns displayed by the data. Using the adjective business to restrict the concept to fluctuations in economic activity and adding the noun cycle to bar out fluctuations, which do not recur with a me ...
CEO Job Security and Risk-Taking
... Although most companies disclose the length of their CEO’s employment contract, some may omit such legally required disclosure even though their CEO is under a fixed-term contract. To put the number of our sample contracts into perspective: Gillan et al. (2009) survey all S&P 500 firms in 2000 and f ...
... Although most companies disclose the length of their CEO’s employment contract, some may omit such legally required disclosure even though their CEO is under a fixed-term contract. To put the number of our sample contracts into perspective: Gillan et al. (2009) survey all S&P 500 firms in 2000 and f ...
2Q 2016 Form 10-Q (PDF 540 KB)
... (a) See “Supplemental information – Explanation of GAAP and Non-GAAP financial measures” beginning on page 49 for a reconciliation of Non-GAAP measures. (b) Non-GAAP information for all periods presented excludes the net income (loss) attributable to noncontrolling interests of consolidated investme ...
... (a) See “Supplemental information – Explanation of GAAP and Non-GAAP financial measures” beginning on page 49 for a reconciliation of Non-GAAP measures. (b) Non-GAAP information for all periods presented excludes the net income (loss) attributable to noncontrolling interests of consolidated investme ...
Brookfield Business Partners LP
... “net income (loss) attributable to parent company and unitholders” to add a missing bracket in the third column entitled “nine months ended September 30, 2016” from “18” to “(18)”. The corrected financial statements and management’s discussion and analysis are being submitted with this Form 6-K/A as ...
... “net income (loss) attributable to parent company and unitholders” to add a missing bracket in the third column entitled “nine months ended September 30, 2016” from “18” to “(18)”. The corrected financial statements and management’s discussion and analysis are being submitted with this Form 6-K/A as ...
The Adoption of IFRS in the EU and New Zealand
... have confidence in. Besides investors and analysts, other stakeholders such as employees, creditors, suppliers, customers, lenders and non-governmental organisations are voicing their need for top quality information on which to base their investment decisions. They want to compare the information p ...
... have confidence in. Besides investors and analysts, other stakeholders such as employees, creditors, suppliers, customers, lenders and non-governmental organisations are voicing their need for top quality information on which to base their investment decisions. They want to compare the information p ...
Dividend Changes and Future Profitability: The role of earnings
... recognized in earnings when anticipated whereas profits should be recognized only when earned” (p.2126). Their findings were later contested by Grullon et al. (2005) who argue Nissim and Ziv’s assumption of linear earnings expectations is inappropriate and the results obtained under this false assum ...
... recognized in earnings when anticipated whereas profits should be recognized only when earned” (p.2126). Their findings were later contested by Grullon et al. (2005) who argue Nissim and Ziv’s assumption of linear earnings expectations is inappropriate and the results obtained under this false assum ...
The monetary policy of the ECB (Third edition, May 2011)
... Since its inception the ECB has adopted a clear monetary policy strategy, which has been effective both in turbulent times and during quieter periods. Since 1998 the ECB has defined price stability as a year-on-year increase in the Harmonised Index of Consumer Prices for the euro area of below 2% ov ...
... Since its inception the ECB has adopted a clear monetary policy strategy, which has been effective both in turbulent times and during quieter periods. Since 1998 the ECB has defined price stability as a year-on-year increase in the Harmonised Index of Consumer Prices for the euro area of below 2% ov ...
Does the Purpose of a Loan Matter?
... borrowers and lenders of loans for restructure projects,13 which require more monitoring, we find that propensity of covenant inclusion is much more sensitive to restructure loans than operations loans. This is especially true for collateral requirement and capital raising restrictions, as supporte ...
... borrowers and lenders of loans for restructure projects,13 which require more monitoring, we find that propensity of covenant inclusion is much more sensitive to restructure loans than operations loans. This is especially true for collateral requirement and capital raising restrictions, as supporte ...
fundamental review of the generic drugs market
... should seek to ameliorate this situation where it occurs and protect against any supply problems that could arise. The pattern of UK generic manufacturing ownership has changed significantly in the last ten years, moving towards large international generic manufacturers, with subsidiaries in up to 1 ...
... should seek to ameliorate this situation where it occurs and protect against any supply problems that could arise. The pattern of UK generic manufacturing ownership has changed significantly in the last ten years, moving towards large international generic manufacturers, with subsidiaries in up to 1 ...
Tier 1 capital
... capital base satisfies, in both form and substance, all applicable requirements in this Prudential Standard for the particular category of capital in which it is included. An ADI must not incorporate a component of capital as part of its capital base where that component does not meet, or is inconsi ...
... capital base satisfies, in both form and substance, all applicable requirements in this Prudential Standard for the particular category of capital in which it is included. An ADI must not incorporate a component of capital as part of its capital base where that component does not meet, or is inconsi ...
Did the recent financial crisis affect credibility of credit rating agencies?
... As mentioned earlier, the purpose of credit rating agencies is to close the information gap existing between lenders and borrowers by providing independent ratings. Next to that, Sylla (2001) mentions the agency theory as one of the explanations for importance of rating corporates. The principal-age ...
... As mentioned earlier, the purpose of credit rating agencies is to close the information gap existing between lenders and borrowers by providing independent ratings. Next to that, Sylla (2001) mentions the agency theory as one of the explanations for importance of rating corporates. The principal-age ...
printmgr file
... in accordance with accounting principles generally accepted (“GAAP” or “R.O.C. GAAP”) in the Republic of China (“R.O.C.” or “Taiwan”) have not been included below. In addition to preparing financial statements in accordance with IFRSs as issued by the IASB included in this annual report, we also pre ...
... in accordance with accounting principles generally accepted (“GAAP” or “R.O.C. GAAP”) in the Republic of China (“R.O.C.” or “Taiwan”) have not been included below. In addition to preparing financial statements in accordance with IFRSs as issued by the IASB included in this annual report, we also pre ...