ARTICLE IN PRESS Journal of Financial Economics 80 (2006) 511–529 www.elsevier.com/locate/jfec CEO incentives and earnings management$ Daniel Bergstressera‚Â Thomas Philipponb a Harvard Business School‚ Boston MA 02163‚USA NYU Stern School of Business‚ New York‚ NY 10012‚USA b Received 25 September 2003; accepted 13 October 2004 Available online 22 December 2005 Abtract We provide evidence that the use of discretionary accruals to manipulate reported earnings is more pronounced
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Page 2 7 . di -0.8072^2 -.65157184 8 . reg mpg weight foreign Source SS df MS Model Residual 1619.2877 824.171761 2 71 809.643849 11.608053 Total 2443.45946 73 33.4720474 mpg Coef. weight foreign _cons -.0065879 -1.650029 41.6797 Std. Err. .0006371 1.075994 2.165547 Number of obs F( 2‚ 71) Prob > F R-squared Adj R-squared Root
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Prob > chi2 = 0.0000 Log likelihood = -1547.9709 Pseudo R2 = 0.0536 ------------------------------------------------------------------------------ daysabs | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- mathnce | -.0035232
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will inevitably produce miscarriage of justice.” In an imaginary world the law would always give the correct results but in a real world it’s the other way. When they don’t which way do they tend to err? Which way do we want to err? We want the law to err on the side of acquitting guilty people rather than convicting ones. It is generally accepted that the price of a fair Criminal Justice System will be acquittal on a technicality of those who have committed criminal offences
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University of Hong Kong Introductory Econometrics (ECON0701)‚ Fall 2013 22 November 2013 Further Issues in Using OLS with Time Series Data • Last time‚ we discussed the assumptions necessary for OLS parameter estimates to be consistent in a time series context. • We also compared these assumptions with the assumptions necessary for OLS to be unbiased. • In general‚ the conditions are more restrictive for OLS to be unbiased than for OLS to be consistent‚ so in a time series context‚ it
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Penney WedBetter Professor James Barney LSTD502 Criminal Law Case Brief: State v Stark October 19‚ 2014 Citation: State v. Stark‚ 832 P.2d 109 (Wash.App. 1992) Posture: Stark appealed upon conclusion of a criminal jury and bench trial to Washington Appellate court from in which he was found guilty of three counts of second-degree assault as a result of exposing three female partners to HIV virus on over 6 occasions where he used a condom some of the time and after vaginal intercourse ejaculated
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FUNDAMENTALCONCEPTS OF ACCOUNTING Accounting is the language of business and it is used to communicate financial information. In order for that information to make sense‚ accounting is based on 12 fundamental concepts. These fundamental concepts then form the basis for all of the Generally Accepted Accounting Principles (GAAP). By using these concepts as the foundation‚ readers of financial statements and other accounting information do not need to make assumptions about what the numbers mean
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Telegraph. Retrieved from http://www.telegraph.co.uk/technology/video-games/7808860/Computer-gamers-have-reactions-of-pilots-but-bodies-of-chain-smokers.html Dobnik‚ V. (2004). Surgeons may err less by playing video games. Retrieved from http://www.nbcnews.com/id/4685909/ns/technology_and_science-games/t/surgeons-may-err-less-playing-video-games/#.UaI5odKnq-k Gallagher‚ D. (2013). 7 health benefits of playing video games. Retrieved from http://theweek.com/article/index/241121/7-health-benefits-of-playing-video-games
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SOLUTIONS TO SELECTED PROBLEMS FROM NAHMIAS’ BOOK CHAPTER 2 FORECASTING 2.13 Fcst 1 Fcst 2 Demand Err 1 Err 2 Er1^2 Er2^2 |Err1| 223 210 256 33 46 1089 2116 33 289 320 340 51 20 2601 400 51 430 390 375 -55 -15 3025 225 55 134 112 110 -24 -2 576 4 24 190 150 225 35 75 1225 5625 35 550 490 525 -25 35 625
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