Value based performance reporting : a study of the information used by Australasian analysts in their assessment of long-term firm performance (value) : a thesis presented in partial fulfillment of the requirements for the degree of Master of Business Studies in Accounting, Massey University

Public company shareholders and potential investors rely on statutory and voluntary disclosures to enable an informed assessment of company performance and value. It is widely acknowledged that traditional historic accrual accounting measures do not offer a complete picture of firm performance, and that there is demand for an expanded set of performance indicators to service the needs of concerned stakeholders. The reliance on voluntary disclosure of company specific non-financial information is of particular concern to this thesis as the examination of existing literature displays evidence that such areas of performance are under-reported externally. With reference to a range of performance indicators that New Zealand and Australian Chartered Financial Analysts identify as relevant in their assessment of performance and value, this study identifies areas of performance that are under-reported by management and where information asymmetry is proposed to exist. The issue of under-reporting is assessed through gap analysis comparing the surveyed analysts ratings for the 'predictive value' (PV) measure of each performance item/indicator to the respective ratings for 'ease of acquisition' (EA). The study finds that analysts rely on a broad range of financial and non-financial information in their assessment of firm performance. More specifically the reporting of traditional financial information remains relevant and the extent of its provision is adequate, however the study finds that in many cases information not forming part of traditionally reported financial information has 'predictive value' relevance but is relatively more difficult to acquire. The thesis research findings therefore indicate that information reporting reliant on voluntary disclosure is at greater risk of being under-reported (externally). Such under-reporting has been found to be associated with non-financial information that relies on management identifying relevant company specific measures and subsequent voluntary disclosure. In an attempt to emphasise the importance of restoring the information balance between management and interested external parties (for performance assessment and valuation purposes), the thesis will include an exploration and discuss of literature on the benefits associated with full disclosure, along with potential means of identifying relevant measures for external reporting

On “Liberation”

When the editor asked me along with other ex-editors to offer some thoughts on the occasion of The China Quarterly's 50th anniversary, I was at a loss. At the celebration which David Shambaugh held for the 35th anniversary in 1995, I wrote fairly extensively about the founding and early development of the journal (No.143, pp. 692–96) and did not have much to add. So I made the suggestion that I should reprise a special feature of the first China Quarterly. For that founding issue, I solicited a number of senior Sinologues to give their appraisal of the PRC on the occasion of its tenth anniversary. Could I, now senior, be given a similar opportunity to look back at the founding of the PRC on the occasion of its 60th anniversary? This article is the consequence of the editor's kind agreement.Governmen

Inheriting a Grant Portfolio: A Case on Grantmaking in Water Management

This case study is meant to stimulate problem solving and serve as a springboard for conversation for grantmakers on the subject of beginning a new programme area at a foundation. This short book is based on an actual experience of a programme officer at the Ford Foundation working with water management. The case study is one in a series by GrantCraft on basics for grantmakers and is sponsored by the Ford Foundation

MS 054 Guide to Murdina MacFarquhar Desmond, MD Papers (1948-1986)

The Murdina MacFarquhar Desmond, MD papers contains photographs of Dr. Desmond as a medical student, Naval officer, and a faculty member of Baylor College of Medicine. The main portion of her papers deal with her work at Jefferson Davis Hospital, including grants she received from the John A. Hartford Foundation, and at Texas Children\u27s Hospital. See more at MS 054

A Descriptive Analysis of Varicella Infections Among Patients Presenting to Emergency Departments in North Carolina

Varicella, or chickenpox, is a highly communicable infectious disease which, in the prevaccine era, contributed to significant morbidity and mortality among the general population, as well as resulted in substantial costs to society. Following US vaccine licensure in 1995, a significant decline in disease, hospitalizations, and deaths began and has continued. The Healthy People 2010 goal related to varicella is disease reduction; in contrast, the goal of the CDC is disease elimination. State and national vaccination rates have steadily risen since 1995, with a current national rate of 85%. Although significant decreases in disease are evident and vaccination rates have increased, cases of disease, hospitalizations, and deaths still occur. Surveillance is a necessary component of vaccination programs in order to monitor impact, identify factors that allow cases to continue to occur, and to guide state policy. The Council of State and Territorial Epidemiologists (CSTE) recommended that each state institute an ongoing surveillance system to monitor the impact of varicella vaccination on the incidence of varicella by 2005. In response to this recommendation, North Carolina implemented a sentinel ED surveillance system. The system, although efficient, has limitations, but the resulting data demonstrate a low incidence of disease in the Emergency Department setting with minimal burden on North Carolina emergency healthcare systems.Master of Public Healt

Extending political participation in China: new opportunities for citizens in the policy process

Authoritarian political systems are portrayed as offering few opportunities for citizens to participate in politics – particularly in the policy process. This paper’s contribution is to set out new mechanisms that enable Authoritarian political systems are portrayed as offering few opportunities for citizens to participate in politics – particularly in the policy process. This paper’s contribution is to set out new mechanisms that enable Chinese citizens to evaluate government performance, contribute to decision-making, shape policy agendas and feed back on implementation. Based on fieldwork in the city of Hangzhou, we argue that the local party-state orchestrates citizen participation in the policy process, but members of the public nevertheless do have influence. Political participation is widening in China, but it is still controlled. It is not yet clearly part of a process of democratization, but it does establish the principle of citizen rights to oversee the government

Modeling inpatient and outpatient antibiotic stewardship interventions to reduce the burden of Clostridioides difficile infection in a regional healthcare network

Antibiotic exposure can lead to unintended outcomes, including drug-drug interactions, adverse drug events, and healthcare-associated infections like Clostridioides difficile infection (CDI). Improving antibiotic use is critical to reduce an individual's CDI risk. Antibiotic stewardship initiatives can reduce inappropriate antibiotic prescribing (e.g., unnecessary antibiotic prescribing, inappropriate antibiotic selection), impacting both hospital (healthcare)-onset (HO)-CDI and community-associated (CA)-CDI. Previous computational and mathematical modeling studies have demonstrated a reduction in CDI incidence associated with antibiotic stewardship initiatives in hospital settings. Although the impact of antibiotic stewardship initiatives in long-term care facilities (LTCFs), including nursing homes, and in outpatient settings have been documented, the effects of specific interventions on CDI incidence are not well understood. We examined the relative effectiveness of antibiotic stewardship interventions on CDI incidence using a geospatially explicit agent-based model of a regional healthcare network in North Carolina. We simulated reductions in unnecessary antibiotic prescribing and inappropriate antibiotic selection with intervention scenarios at individual and network healthcare facilities, including short-term acute care hospitals (STACHs), nursing homes, and outpatient locations. Modeled antibiotic prescription rates were calculated using patient-level data on antibiotic length of therapy for the 10 modeled network STACHs. By simulating a 30% reduction in antibiotics prescribed across all inpatient and outpatient locations, we found the greatest reductions on network CDI incidence among tested scenarios, namely a 17% decrease in HO-CDI incidence and 7% decrease in CA-CDI. Among intervention scenarios of reducing inappropriate antibiotic selection, we found a greater impact on network CDI incidence when modeling this reduction in nursing homes alone compared to the same intervention in STACHs alone. These results support the potential importance of LTCF and outpatient antibiotic stewardship efforts on network CDI burden and add to the evidence that a coordinated approach to antibiotic stewardship across multiple facilities, including inpatient and outpatient settings, within a regional healthcare network could be an effective strategy to reduce network CDI burden

Using supply chain data to monitor zero deforestation commitments: an assessment of progress in the Brazilian soy sector

Zero deforestation commitments (ZDCs) are voluntary initiatives where companies or countries pledge to eliminate deforestation from their supply chains. These commitments offer much promise for sustainable commodity production, but are undermined by a lack of transparency about their coverage and impacts. Here, using state-of-the-art supply chain data, we introduce an approach to evaluate the impact of ZDCs, linking traders and international markets to commodity-associated deforestation in the sub-national jurisdictions from which they source. We focus on the Brazilian soy sector, where we find that ZDC coverage is increasing, but under-represents the Cerrado biome where most soy-associated deforestation currently takes place. Though soy-associated deforestation declined in the Amazon after the introduction of the Soy Moratorium, we observe no change in the exposure of companies or countries adopting ZDCs to soy-associated deforestation in the Cerrado. We further assess the formulation and implementation of these ZDCs and identify several systematic weaknesses that must be addressed to increase the likelihood that they achieve meaningful reductions in deforestation in future. As the 2020 deadline for several of these commitments approaches, our approach can provide independent monitoring of progress toward the goal of ending commodity-associated deforestation