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The Effect of Audit Qualifications on Investor Assessments of Financial Performance When Management Reports Conservatively in Periods of Strong Financial Performance
This paper discusses a study that was in which a field experiment was conducted using 45 experienced investors to examine how audit accounting-choice qualifications on income-decreasing accounting changes in years of strong financial performance affect investor assessments of strategic reporting, current financial performance, and future financial performance. We find that...
Tags: Financial Performance, Financial, Audit, Operational Accounting, Financial Accounting, Investor Assessment, Qualification, Finance
White papers 2004-07-01

Additional Resources

A.M. Best Places Ratings of The Exchange Insurance Company Limited Under Review With Negative Implications
OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating of B++ Good and issuer credit rating of "bbb+" of The Exchange Insurance Company Limited Exchange under review with negative implications. The ratings have been placed under review whilst A.M. Best assesses the implications of the...
Articles 2008-11-10
Biggest investor calls in valuers to assess Woolworths' property
Ardeshir Naghshineh, Woolworths' largest shareholder with a 10 per cent stake in the high street retailer, has hired the property consultants, CB Richard Ellis CBRE, to make an independent valuation of the company's property portfolio. The Iranian property tycoon who chairs the Targetfollow Group, which owns London's...
Articles 2008-11-09
China Education Resources Corporate Update
China Education Resources Inc. ("China Education", "CER", "the Company") (TSX VENTURE: CHN) (PINK SHEETS: CHNUF) today provided shareholders and investors an update on its business performance, current assessment of performance and changes to its business strategy. BUSINESS STRATEGY The goal of CER has always been to position CERSP.com as China's...
Articles 2008-11-06
Greenberg Glusker Formalizes Real Estate Restructuring and Loan Workout Group
Firm Leverages Its Real Estate, Land Use, Tax, Bankruptcy, Business and Litigation Expertise To Address Market Opportunities and Challenges LOS ANGELES -- Greenberg Glusker today announced that it has formed a real estate restructuring and loan workout group to address current economic circumstances specific to the real estate...
Articles 2008-11-06
Darnley Bay Resources Limited: Private Placement-Debt Conversion and Corporate Update
Darnley Bay Resources Limited (TSX VENTURE: DBL) announces that La Prairie Ltd., a company controlled by Leon La Prairie, Chairman of the company, has agreed to accept payment of $400,000 in the form of 1,600,000 common shares of the company, at $0.25 per share, bringing his post-closing percentage to 8.5%...
Articles 2008-11-04
Learn about the China Cable Television Market Assessment and Forecast to 2012
NEW YORK -- Reportlinker.com announces that a new market research report related to the Television industry is available in its catalogue. China Cable Television Market Assessment and Forecast to 2012 http://www.reportlinker.com/p096726/China-Cable-Television- Market-Assessment-and-Forecast-to-2012.html One of the 'BRIC' countries and the biggest television market in the...
Articles 2008-11-04
Private equity; history, governance and operations
Private equity; history, governance and operations. Ed. by Harry Cendrowski et al. John Wiley & Sons 2008 457 pages $90.00 Hardcover HG4751 This guide to private equity investing is aimed at students, private equity...
Articles 2008-11-01
Taleo to Present at Goldman Sachs Software and IT Services Retreat 2008
Taleo (NASDAQ: TLEO), the leading provider ofon-demand talent management solutions, today announced that MichaelGregoire, Chairman and Chief Executive Officer, will present at the GoldmanSachs Software and IT Services Retreat on November 5th, 2008 at 12:30 PMEST in New York. Gregoire will also participate on a panel of executivesleading a...
Articles 2008-10-30
3rd Quarter Investor Update 2008
Serabi Mining plc ("Serabi or "the Company") the AIM listed goldproduction and exploration company, with operations in Brazil(AIM: SRB), announces that it has today issued its 3rd Quartershareholder update. The full pdf file can be accessed directly from the Company'swebsite www.serabimining.com The highlights of the update are: - Production...
Articles 2008-10-28
KeenHire, Inc. Expands to Silicon Valley
KeenHire, Inc., a full service behavioralinterviewing & selection solutions firm announced today it has opened anoffice in San Jose, California to serve high touch, high tech start ups &established firms on the west coast. Originating in Chicago, KeenHire's newSilicon Valley office responds to market demand for a presence in theentrepreneurial...
Articles 2008-10-28
India central bank keeps rates on hold, stocks dive
MUMBAI AFP — India's central bank kept interest rates steady Friday, disappointing investors who pushed shares to a three-year low, but declared it was ready to act swiftly to deal with the global financial crisis. Reserve Bank of India governor D. Subbarao said the country had been "reasonably...
Articles 2008-10-24
The wages of greed: credit meltdown
THE SOURCES of the current economic crisis are complex and the blame for the crisis difficult to assess precisely. But it's clear that for years leading investment firms have disregarded the common good and even their own long-term interest in their quest for profits. A market for capital...
Articles 2008-10-21
Wesfarmers looks at ways to reduce debt
SYDNEY -- Wesfarmers Ltd. is assessing a variety of measures to cut a $3 billion Australian debt if it is unable to refinance funds it borrowed to acquire the Coles Group last year. Chief financial officer Gene Tilbrook said at a presentation for investors and analysts that he...
Articles 2008-10-20
Wavecom Awarded Trophy for Excellence in Corporate Governance from EthiFinance "Les Etoiles"
Award given by sustainable investors ISSY-LES-MOULINEAUX, France -- Regulatory News: Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) received the distinction of being awarded the 2008 trophy for excellence in Corporate Governance from EthiFinance an independent extra-financial research agency dedicated to the Corporate Social Responsibility CSR assessment required by Socially...
Articles 2008-10-17
Dollar egdes higher against euro in anxious trading
LONDON AFP — The dollar edged higher against the euro in volatile trading Friday, with investors anxious and uncertain about the direction of the global economy. The uncertainty, analysts said, has favoured the dollar, which is seen as a safe haven in such circumstances. The euro...
Articles 2008-10-17
BIA Appoints Richard Leggett CEO
Business IntelligenceAdvisors, Inc. ("BIA"), an independent research and advisory services firmwhich pioneered the use of behavior assessment and intelligence-basedtechniques to evaluate corporate disclosure and provide transparency toinstitutional investors, announced the appointment of Richard Leggett asChairman and Chief Executive Officer of the firm. Mr. Leggett, who brings nearly 18 years of...
Articles 2008-10-14
Socially Responsible Investing: Investment Management Firm Jantz Morgan Engages IBM to Help Assess, Develop Corporate Social Responsibility Strategy
IBM (NYSE: IBM) is providing consulting servicesto help Boston-area financial investment firm Jantz Morgan LLC integratecorporate social responsibility throughout its business strategy andoperations. Through this engagement signed in 3Q, the objective of this initiative byJantz Morgan is to ensure that CSR informs all aspects of its business andreflects the values...
Articles 2008-10-10
PCG Asset Management Signs-On to the UN Principals for Responsible Investment
LA JOLLA, Calif. -- PCG Asset Management PCG AM, a leading private equity consultant, announced today that the firm has become a signatory for the UN Principals for Responsible Investment UN PRI. The UN Principals for Responsible Investment provide a framework by which institutional investors can evaluate their...
Articles 2008-10-08
Who's Developing What in Global Biopharmaceuticals? Read This Assessment of 50 Leading Companies and Discover the Latest Research and Performance
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ab4b51/whos_developing_w) has announced the addition of the "Who's Developing What in Global Biopharmaceuticals?" report to their offering. A critical assessment of 50 leading companies, their research, products, partners and performance. The biopharmaceutical R&D sector is taking an ever more important...
Articles 2008-10-03
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