6 research outputs found
Possible Effects Of Government Action To Curb Global Warming On Stock Market Performance
In recent years the stock market has experienced two steep declines. Between March 23, 2000 and October 9, 2002, the S & P 500 index fell from 1,527.35 to 776.76. After rising to an intraday high of 1,576.09 on October 11, 2007, the S & P 500 index fell to 676.53 on March 9, 2009 (GSPC Historical Prices S&P 500 Stock). Although the stock market has recovered in the years since, the double decline may make investors wonder if the stock market will decline again and what might cause any future decline. Finance theory (Block, 2010) suggests that corporate stock value is affected by investors’ expectations of economic growth. The theory of global warming (Brown, 2007) suggests that the production of carbon dioxide and other greenhouse gases causes global temperatures to rise and that the remedy would be the reduction of the production of greenhouse gases. If investors were to perceive that action to reduce greenhouse gases would also reduce economic growth, the result could be declines in stock market returns. This paper presents a theoretical discussion of the possibility that stock market declines may arise if investors were to expect that politicians could take drastic action to curb global warming
You Say IFRS, I Say FASBLets Call The Whole Thing Off
This paper discusses the noticeable nervousness of many US-based financial statement issuers in adopting IFRS. For contextual purposes, the paper provides an overview of the FASB/IFRS convergence so far and its probable future. A detailed review of convergence in accounting standards is explained through the respective standards for Pensions and Other Post-Employment Benefits. The paper concludes by suggesting that, while one set of global steps is a noble goal, it might not achieve the desired goal of comparability
Commercial Practices In The Ancient Indian Peninsula: Glimpses From Kautilyas Arthashastra
Very few westerners ever heard of Chanakya, a.k.a Kautilya. Kautilya is credited with compiling the treatise on statecraft called the Arthashastra. This treatise contains fifteen distinct chapters or parts encompassing all components of statesmanship that a ruler needs to run the affairs of his kingdom. This paper briefly narrates some of the commercial practices prevalent in Ancient India enumerated in Kautilyas Arthashastra during the Mauryan period
Teaching Corporate Social Responsibility In An MBA Program
This paper discusses the topic of corporate social responsibility (CSR) and proposes that CSR should be taught in an MBA program and, more specifically, in a Managerial Accounting course of an MBA program. CSR aligns strongly with other managerial accounting topics typically taught in an MBA Program such as the balanced scorecard and triple-bottom line reporting. In putting forward this suggestion, this paper proposes a definition of CSR, reviews recent literature relating to CSR, and provides several strategies for teaching and assessing students’ understanding and appreciation of CSR. In the results section of the paper, a content analysis of student essays provides an insight into how students view CSR. The paper concludes with an overview of what is attainable by teaching CSR in a Managerial Accounting MBA course
Prospect Of Distance Learning In Bangladesh
Many educational institutions in the United States are currently offering programs through distance learning, and that trend is rising. In almost all spheres of education a developing country like Bangladesh needs to make available the expertise of the most qualified faculty to her distant people. But the fundamental question remains as to whether distance learning is the right venue to achieve that goal. This paper tries to shed light on the prospects and problems of distance learning in Bangladesh