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The dissertation consists of four essays on the quality of audited financial statements. The first analysis investigates the association between several regulations of the audit market and earnings characteristics. The second essay differentiates between different drivers of audit quality after an auditor change by comparing the effects of voluntary and mandatory auditor changes. The third study analyses the different strategies of Big4 and non-Big4 auditors in dealing with Level 3 fair values. The fourth part examines banks' valuation behavior concerning Level 3 fair values.
Managers in international joint ventures work with resources contributed by investors from multiple nationalities. Fan Wu shows through a series of experimental studies among students and managers from China, South Korea, Germany, and the USA that cultural affinity between the manager and one of the investors and career perspectives with one of the investors are strongly motivating managers to make biased decisions. The two mechanisms can be used to balance each other out in staffing key positions in international joint ventures for optimal control over managerial decisions.
Trotz einer sehr hohen Anzahl potenzieller Anbieter von Prüfungsleistungen dominieren die vier größten internationalen Wirtschaftsprüfungsgesellschaften, die Big Four, den deutschen Prüfungsmarkt. Dies gilt insb. für den Bereich der Pflichtprüfungen bei börsennotierten Unternehmen, in dem kumulierte Marktanteile von über 90% die Regel sind. Diese Situation ließ in den vergangenen Jahren auf nationaler wie auch europäischer Ebene die Befürchtung aufkommen, dass hohe Konzentrationsstände bei abnehmender Prüfungsqualität und gleichzeitig sinkendem Wettbewerb zu steigenden Preisen für Leistungen der Abschlussprüfer führen könnten. Die Zielsetzung der Arbeit ist die Evaluierung...
Audit Regulations, Audit Market Structure, and Financial Reporting Quality provides a structured overview of the empirical and analytical literature on the effects of audit market regulations. After a short introduction, the monograph is organized as follows. Chapter II addresses the structure of the audit markets of industrialized countries. First presenting an overview of the concentration metrics used to describe the structure of an audit market or a market segment, then providing the empirical findings on audit market concentration at the national level and presenting an overview of the main reasons that led to the currently high degree of concentration. Chapter III summarizes the reason...
When the people of Judah were taken captive by the Babylonians, their world was drastically changed. While in exile they experienced shame, guilt, fear, and displacement. However, their God had been traumatized by their behavior and also grieved with them. Yet, Yahweh gave them a second chance by forgiving them and bringing them home. God offered them hope, mercy, and love. The prophets were God's chosen messengers, not only to provide a new vision of what could be, but to suffer with the people. These servants were caught in the middle between a passionate God and traumatized people. As the people returned to Jerusalem to rebuild their city and their lives, the prophets were with them to remind them that God had not abandoned them. The author suggests that the prophets live on today through the church as those who engage their community, fight for people's hearts, and remind others that God gives second chances. Clark shares stories from his personal ministry to the marginalized in Portland, Oregon, who seek relief from shame, suffering, and hopelessness. In this hope our community receives new vision through a loving God and persistent prophets.
This volume is written in the context of trauma hermeneutics of ancient Jewish communities and their tenacity in the face of adversity (i.e. as recorded in the MT, LXX, Pseudepigrapha, the Deuterocanonical books and even Cognate literature. In this regard, its thirteen chapters, are concerned with the most recent outputs of trauma studies. They are written by a selection of leading scholars, associated to some degree with the Hungaro-South African Study Group. Here, trauma is employed as a useful hermeneutical lens, not only for interpreting biblical texts and the contexts in which they were originally produced and functioned but also for providing a useful frame of reference. As a consequence, these various research outputs, each in their own way, confirm that an historical and theological appreciation of these early accounts and interpretations of collective trauma and its implications, (perceived or otherwise), is critical for understanding the essential substance of Jewish cultural identity. As such, these essays are ideal for scholars in the fields of Biblical Studies—particularly those interested in the Pseudepigrapha, the Deuterocanonical books and Cognate literature.
Anderson himself became influential in the American Newspaper Publishers Association and served for many years on the Board of Visitors of the United States Naval Academy. He was entertained at the White House by three different presidents and was a confidante of some of the most powerful politicians of his time. But through it all, he remained an approachable man whose first concern was his own community."--Jacket.
The Late Assyrian Empire (c. 900 - 612 BCE) was the first state to rule over the major centres of the Middle East, and the Late Assyrian court inhabited some of the most monumental palaces of its time. The Architecture of Late Assyrian Royal Palaces is the first volume to provide an in-depth analysis of Late Assyrian palatial architecture, offering a general introduction to all key royal palaces in the major centres of the empire: Assur, Kaluhu, Dur-Sharruken, and Nineveh. Where previous research has often focused on the duality between public and private realms, this volume redefines the cultural principles governing these palaces and proposes a new historical framework, analysing the spatial organization of the palace community which placed the king front and centre. It brings together the architecture of such palaces as currently understood within the broader framework of textual and art-historical sources, and argues that architectural changes were guided by a need to accommodate ever larger groups as the empire grew in size.
Gililov, Secretary of the Russian Academy of Sciences' Shakespeare Committee, sets out in intricate detective-novel detail why he believes the fifth Earl of Rutland and his wife actually wrote most of Shakespeare's work.
Return to the dark and haunting world of Rosemary’s Baby in Ira Levin’s beguiling sequel, Son of Rosemary. Levin’s Rosemary’s Baby, one of the best-selling books of all time, is the iconic classic that ushered in the era of modern horror. This shocking and darkly comic sequel is set well after the harrowing events of the first book, and is just as compelling and suspenseful. It is now 1999, and Rosemary Woodhouse awakens from a decades-long coma to find herself in a drastically changed world. She soon discovers her son is already thirty-three years old, an a charismatic spiritual leader worshipped the world over, preaching a message of tolerance and peace. But is “Andy” the savior the troubled world so desperately needs, or is he his father’s son—the Antichrist? Master of suspense Ira Levin’s sardonic and thought-provoking exploration of good and evil, Son of Rosemary, finds Rosemary and her child reunited in a battle of wills that could determine not just the course of the new millennium—but the very fate of humankind.