This case describes an American leather firm in China that has obtained a reputation for high productivity, excellent quality without QC inspectors, and very low turnover, in spite of offering only industry average compensation. Though many scholars and practitioners contend that “soft”...

Using a sample consisting of firms from 20 countries, we investigate whether conditional conservatism affects the value relevance of accounting earnings. We find that the association of conditional conservatism with the value relevance of accounting earnings depends on the country-specific level...

Unlike Stigler's original estimates, our re-estimation of his equations yields results which are consistent with economic theory. However, they raise questions regarding the extent to which the data provide a measure of support for the implications of his theory. Stigler's theoretical...

Rarely can there have been so much media attention on Africa as there was in the twelve months leading up to the G8 summit in July 2005. The crescendo of media coverage which greeted the Commission for Africa's report and the following Live8, Make Poverty History and G8 gatherings came after a...