Financial Reporting Quality and Investment Efficiency Rodrigo S. Verdi The Wharton School University of Pennsylvania 1303 Steinberg Hall-Dietrich Hall Philadelphia‚ PA 19104 Email: rverdi@wharton.upenn.edu Phone: (215) 898-7783 Abstract This paper studies the relation between financial reporting quality and investment efficiency on a sample of 49‚543 firm-year observations between 1980 and 2003. Financial reporting quality has been posited to improve investment efficiency‚ but there has been
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The technical article I read was called "Ultra sound warning: Procedure may harm unborn babies’ brains." This article explained the danger to unborn babies when ultrasounds are performed on the mother to be. Research has been conducted to test the danger of ultrasounds on unborn mice. The research has shown some of the dangerous sides of ultrasounds. The mice were injected while in the womb to track their brain development. There were 335 mice injected. The research showed that the
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FDA CONTINUES WARNING ON COUNTERFEIT TOUCH BLOOD GLUCOSE TEST STRIPS Back in 2005‚ Food and Drug Administration (FDA) has alerted the public to counterfeit blood glucose test strips being sold in the United States claiming different models and under different brands. Upon tracing the origin of these counterfeited medicines‚ the authorities had found same copies distributed in developing countries including Jakarta‚ Indonesia‚ Bangkok‚ Thailand and some part of Northern Australia. Ten years later
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On the afternoon of May 1‚ the World Natural Heritage of Zhangjiajie‚ Hunan Wulingyuan Scenic Zone usher in thunderstorms‚ Tianzishan wonders of scenic spots in the rain‚ a large area of the sea of clouds‚ especially fairy flowers Yubi peak‚ West attractions Yunhai staggering‚ so tourists from home and abroad and Photography enthusiasts revel meantime‚ the openers. Deng reason photo (Xinhua survey they will be removed from this? - Zhangjiajie‚ Lushan‚ Wudalianchi by UNESCO yellow card incident
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Kessler had several problems addressing tobacco. Since no agency had complete control over tobacco‚ Kessler needed to establish power to justify tobacco regulation‚ and to do so‚ numerous FDA workers needed to research tobacco and its components. Kessler and the FDA needed evidence to prove that tobacco was drug that altered the structure and function of the body so that they can establish their jurisdiction. When the FDA and Kessler discovered that the tobacco companies knowingly controlled how much
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Should the legal use age of tobacco be raised? The use of tobacco has become a custom in the American lifestyle. The number of people that use and/or are addicted to nicotine is at an all time high and the number of teenagers that use it is growing even greater. So knowing these facts the question has started to arise‚ should the legal use age of tobacco be raised? Throughout this paper we will discuss what the pros and cons would be if the legal use age were to be raised. The pros of this happening
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The Impact of National Early Warning Systems (N.E.W.S.) of WANEP on Peace and Security in Nigeria and Ghana By Ifeanyi Okechukwu C. 161669 A Dissertation Submitted to the Department of Peace and Conflict‚ Institute of African Studies‚ University of Ibadan‚ Ibadan in Partial Fulfillment of the Requirement for the Award of Degree of Master of Arts (M.A.) in Peace and Conflict Studies Supervisor: Dr. Nathaniel Danjibo September 2012 1 CERTIFICATION I certify that this research work
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Bakery‚ Confectionery‚ Tobacco Workers and Grain Millers International Union Labor unions are an important part of the American workforce‚ as well as American history. For example‚ did you know that Martin Luther King‚ Jr. was assassinated while supporting a garbage workers strike in Memphis? Throughout the years‚ labor unions have been simultaneously celebrated by the working man‚ and hated by the various industries that employ them. In this assignment‚ I will research a labor union‚ provide
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3. Should the U.S. government support U.S. tobacco company interests abroad? In 1986‚ tobacco companies reminded the country that‚ “Tobacco is intimately and historically associated with American diplomacy.” Shortly after‚ the relationship between the country and Big Tobacco changed with the Clinton Administration. During his time as president‚ Clinton worked to eliminate aggressive promotion of tobacco overseas by the Office of the US Trade Representative. In 1993‚ an interagency task force
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26-27 1. Executive Summary During past 100 years‚ British American Tobacco (Malaysia) (BAT (M)) has sustained and slowly become the market leader in Malaysia since established in 1912. Core competence of BAT (M) is the strong financial support from the mother company and it ranked among 25 top companies on Bursa Malaysia in terms of capital. Besides that‚ it owned 61% of market shares in the tobacco industry
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