Earnings management and corporate social responsibility

By drawing on stakeholder-agency theory and the earnings management framework, we hypothesize a positive connection between corporate social responsibility and earnings management. We argue that earnings management damages the interests of stakeholders. Hence, managers who manipulate earnings can deal with stakeholder activism and vigilance by resorting to corporate social responsibility (CSR) practices. Furthermore, CSR is a powerful tool that can be used to garner support from stakeholders and, therefore, provides an avenue for entrenchment to those managers that manipulate earnings, so as to reduce significantly their chances of being fired. Finally, we expect that the positive connection between corporate social responsibility and financial performance is negatively moderated when combined with earnings management practices. We demonstrate empirically our theoretical contention by making use of a database comprising 593 firms from 26 nations for the period 2002-2004

Women in Computer Science

For this week’s unit, Gender at work, I chose to focus my investigation on gender in the computing industry. More specifically, the goal of my research was to uncover some of the reasons behind the lack of female representation in the computer science world. As a minority in computer science, this investigation has been very personal to me because it has allowed me to learn more about some of the institutional oppressors that have been adopted over time to further marginalize minority populations and allow a certain demographic to flourish. As you may have learned from our previous discussions and explorations in Sociology, that demographic is the average white, able-bodied, Christian male. I have reviewed a plethora of scholarly articles and have made note of some of the frequent themes that have led to the lack of female representation in computer science, and have compiled all these claims and conversations into this presentation. My findings have been astonishing, to say the least, and I am happy to share this information with you in the slides to come.https://digitalcommons.tacoma.uw.edu/gender_studies/1064/thumbnail.jp

Corporate ethical identity as determinant of firm performance : a test of the mediating role of stakeholder satisfaction

In this article, we empirically assess the impact of the Corporate Ethical Identity (CEI) on the firm's financial performance. Drawing on formulation of both normative and instrumental stakeholder theory, we argue that firms with a strong ethical identity achieve greater degree of stakeholder satisfaction, which in turn, positively influence the firms' financial performance. We further analyze two different dimensions of the CEI of firms: corporate revealed ethics and corporate applied ethics. Our results indicate that while revealed ethics has informational worth and enhance shareholder value, applied ethics has a positive impact through the improvement of stakeholder satisfaction. However, revealed ethics by itself (i.e. decoupled from ethical initiatives) is not sufficient to boost economic performance

The influence of blockholders on R and D investments intensity : evidence from Spain

This article studies the relationship between the presence of large shareholders in the ownership structure of firms and R and D investment. In our analysis, we consider the influence of three types of blockholders: banks, non-financial corporations, and individuals. Moreover, we incorporate an additional feature largely ignored in previous research, namely the number of blockholders. Consistent with our theoretical contention, our results indicate that the impact of large shareholders on the R and D investment is (1) negative when blockholders are banks, (2) positive when blockholders are non- financial corporations, and (3) null when blockholders are individuals. In addition, we find a systematic negative relationship between the number of blockholders and R and D investment. Finally, we contribute to current literature by extending our analysis in two novel ways. First, we test the impact of each blockholder type contingent to the life-cycle stage of firms. Second, we analyze the influence that the combined effect between blockholder type and R and D investment has on the firm's economic performance. Results of these extensions provide relevant implications for policy makers and academic research

Los grandes problemas nacionales. La burguesía, la oligarquía y el Estado

Un pensamiento no agobiado por el último grito de la moda literaria o artística..., por los malabarismos o abstraccionismos de los genios u oráculos; no, de ninguna manera; se trata de otra orientación de ideas, de otro tipo de preocupación, del pueblo mexicano y sus anhelos, del pueblo mexicano y sus caminos emprendidos cien veces, del pueblo mexicano y su destino pendiente de realización... "...Editorial Nuestro Tiempo recoge y reúne ese pensamiento a través de dos escritores ya distinguidos, ya 'quemados', por haber hecho muy suya desde hace tiempo tal tipo de preocupación: Jorge Carrión y Alonso Aguilar...

La burguesía, la oligarquía y el estado

Tanto a través de la Colección en que aparece este volumen -Los Grandes Problemas Nacionales- como de otras: Desarrollo, Teoría e Historia, La Cultura al Pueblo, Latinoamérica Hoy, etc., la Editorial Nuestro Tiempo ha dado a conocer varios estudios en los que, desde diferentes perspectivas y planes analíticos se intenta ahondar en el examen de cuestiones fundamentales ligadas a la estructura social y a la lucha de clases. Tal interés obedece a la convicción de que una de las más graves fallas de la ciencia social burguesa consiste, precisamente, en ignorar o al menos en no explicar los problemas propiamente estructurales y concretamente la influencia de la lucha de clases sobre los principales fenómenos socioeconómicos y, en última instancia, sobre el curso de la historia. Más no son sólo o siquiera fundamentalmente inquietudes académicas las que nos han movido a trabajar en esa dirección. Estamos convencidos, además, de que el estudio de las clases, y en particular de la clase dominante y del proletariado en nuestro país, son políticamente esenciales para poder, a partir del examen riguroso de la realidad y no de esquemas librescos divorciados de ella, impulsar con éxito la lucha revolucionaria

New canonical analysis for higher order topologically massive gravity

A detailed Gitman-Lyakhovich-Tyutin analysis for higher-order topologically massive gravity is performed. The full structure of the constraints, the counting of physical degrees of freedom, and the Dirac algebra among the constraints are reported. Moreover, our analysis presents a new structure of the constraints and we compare our results with those reported in the literature where a standard Ostrogradski framework was developed