Accounting Conservatism in China* Donglin Xiaa and Song Zhub‚** b School of Economics and Management‚ Tsinghua University‚ China School of Economics and Business Administration‚ Beijing Normal University‚ China a Abstract A principal-agent relationship exists among creditors‚ shareholders and management‚ and information asymmetry among them leads to asymmetric loss functions‚ which induces conservative accounting. This paper investigates the determinants of accounting conservatism using accrual-based
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If I was asked to define ‘ideology’ I would say it is the name of the lens you see the world through. Everyone has a different ideology‚ which is shaped based on their life experience thus far and can change over time. One’s ideology can explain why they like or dislike certain things and whether they are a hopeful or cynical being. Personally‚ I would describe myself to be a hopeful person‚ and the reasoning behind it lies within my past. My parents and I are immigrants‚ we moved to Canada when
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Rightists are split into two ideologies such as far-right ideology and fringe-right ideology. Far-right ideology refers to a strong support for social order and traditional values (p. 198). The far right has a racial and religious viewpoint‚ and does not participate in political violence. “Fringe-right ideology
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* IDEOLOGY * DEFINE IDEOLOGY? According to a reputable dictionary ideology is best described as‚ the body of ideas reflecting the social needs and aspiration of an individual‚ group class/ culture. It is beliefs that form the basis of a political‚ economic system. * ADVANTAGES OF IDEOLOGY * Allows or portrays different views of those in a society * It shows individuals wants or needs in a society * Also in terms of an economy‚ it presents the rules or beliefs of a government/
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Table of content 1 Introduction ………………………………………………………………….2 2 Brief description of the Company ……………………………………………3 3 Individual Attitude and Personalities…………………………………………4 4 Group or Teamwork…………………………………………………………..5 5 Leadership………………………………………………………………...…..6 6 Organizational Politics………………………………………………………..7 7 Organizational Change…………………………………………………..……8 8 Conclusion………………………………………………………………..…...9 References………………………………………………………………….…..10 Appendix Introduction Zara - a quality
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Chapter 9 Question 2 Trace the origin of the law of blasphemy and explain the relevance or otherwise of this law Introduction Blasphemy is the act of insulting or showing open disrespect of God through display of inappropriate behavior towards holy personages‚ religious artifacts‚ customs and beliefs. The word "blasphemy" came via Middle English blasfemen‚ from which the English term "blame" came into existence (Wikipedia.com n.d). Blasphemy is regarded as an offense against the community
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Differentiate between capitalism and socialism and indicate which of the two socio-economic systems is more appropriate for sustained growth and development INTRODUCTION 1. This essay shall bring out the difference between capitalism and socialism. In so doing‚ first‚ the terminologies used shall be defined and some quotes noted by early writers. The full differences between the two socio-economic systems will be discussed after which a more appropriate system will be selected and thereafter
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Although the process and product of the translation are nearly interrelated‚ the ideology of the translation can be followed in both of them. Tymoczko (2003) states that the ideology of the translation could be a combination of the content of the source text and modifications made in the source text during the process of rendering the context to the target text. ‘The ideology of translation resides not only in the text translated‚ but also in the voicing and stance of the translator‚ and in its relevance
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By: Casilda Adames E-mail: cassieluvbug@aol.com Core Studies 3 Casilda Adames Take-Home Exam November 16‚ 1999 The ruling ideology dealing with welfare is a negative view among the majority of Americans. It states that welfare recipients are lazy people who have lots of children and collect checks for a long period of time. This statement is believed mostly among higher-class people because they feel that if they can work hard for their money‚ welfare recipients can do the same‚ and not live
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different ideologies emerged about politics‚ freedom‚ and life in general. Many events were started by clashes between supporters of each idea and these clashes forced many people to fight for their beliefs. Three of the main ideas that arose from this time period were liberalism nationalism and socialism. The basic ideas that founded liberalism and socialism are somewhat contradictory. Liberalism is completely focused upon the good of the individual where socialism is focused on the good of society
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