Impact of Compositions and Characteristics of Board of Directors and Earnings Management on Fraud

[[abstract]]This paper examines the effects of board of director characteristics and compositions, earnings management on fraud for Taiwan listed SES and OTC companies. The effects of Institutional director holding, the duality of board chair and CEO have not influence on fraud before the act of the independent directors and auditor, but Institutional director holding, the duality of board chair and CEO has negative influence on fraud afterward. The discretionary working capital accrual has not influence on fraud and the interaction of institutional director holding and the discretionary working capital accrual has negative influence on fraud before the act of the independent directors and auditor, but the discretionary working capital accrual has negative influence on fraud afterward. The interaction of independent director holdings and the discretionary accrual has positive influence on fraud after the act of the independent directors and auditor. It is ironical to promotion of the corporate government system in Taiwan that increasing independence director holdings would increase the influence of discretionary accrual on fraud.[[incitationindex]]SSCI[[booktype]]電子

The Effect of Congressional Sessions on the Stock Market in Emerging Democracy: the Case of Taiwan

Political uncertainty, Congressional effect, Volatility asymmetry, EGARCH-M

Computing regression quantiles to analysis the relationship between market behavior and political risk

[[abstract]]The modern tendency of Japanese politics-economy interaction has affected emerging countries. This article examines the influence of the House of Representatives sessions on returns to Nikkei 225. The conventional linear regression can only describe the impact of averages on returns, but cannot completely present all the possible relationships between the two. In order to avoid the restrictions of the above mentioned method, this article performs quantile regression to analyze the influence of the House of Representatives sessions on the returns of Nikkei 225. Meanwhile, quantile regression provides a more complete description of analysis on relationships between stock market behavior and parliament effects.[[notice]]補正完畢[[incitationindex]]SCI[[booktype]]紙

BIOMECHANICAL ANALYSIS OF HIGH-LOW IMPACT AEROBIC DANCE AND STEP AEROBICS

The purpose of this study was to compare the kinematics and kinetics both in high-Iow impact aerobic dance and step aerobics. Six female subjects performed front knee lift movements under high-Iow impact aerobics and two-step heights (10, 20 cm) in step aerobics. One Peak high-speed camera (120 Hz) and one Kistler force plate (600 Hz) were synchronized to collect the data. An ANOVA for repeated measures was used to identify differences for each dependent variable. The result indicated that it is important to flex at the knee and ankle joints in order to absorb and reduce the shock in the landing phase. When compared to the low impact front knee lift, high impact front knee lift and two-step heights of step aerobics had significant shorter time to first peak impact force and higher values for first peak impact force, passive impact impulse, and total work

The Relationship between Stock Market Reaction and Issuing DRs in Taiwan Listed Companies

This investigation utilized the event study methodology to examine the information effect of announcements on depositary receipt listing and stock reward fluctuation behavior during 1990 to 2006. Empirical evidence demonstrates that listing depositary receipts leads to negative abnormal returns around the recommendation date. Furthermore, the stock market exhibits negative abnormal returns near the recommendation date when listed depositary receipts in the electronics industries, but the stock prices in the non-electronics industries are not immediately influenced by the announcement of DRs

Online assessment of patients' views on hospital performances using Rasch model's KIDMAP diagram

<p>Abstract</p> <p>Background</p> <p>To overcome the drawback of individual item-by-item box plots of disclosure for patient views on healthcare service quality, we propose to inspect interrelationships among items that measure a common entity. A visual diagram on the Internet is developed to provide thorough information for hospitals.</p> <p>Methods</p> <p>We used the Rasch rating scale model to analyze the 2003 English inpatient questionnaire data regarding patient satisfactory perception, which were collected from 169 hospitals, examined model-data fit, and developed a KIDMAP diagram on the Internet depicting the satisfaction level of each hospital and investigating aberrant responses with Z-scores and MNSQ statistics for individual hospitals. Differential item functioning (DIF) analysis was conducted to verify construct equivalence across types of hospitals.</p> <p>Results</p> <p>18 of the 45 items fit to the model's expectations, indicating they jointly defined a common construct and an equal-interval logit scale was achieved. The most difficult aspect for hospitals to earn inpatients' satisfaction were item 29 (staff told you about any medication side effects to watch when going home). No DIF in the 18-item questionnaire was found between types of hospitals, indicating the questionnaire measured the same construct across hospitals. Different types of hospitals obtained different levels of satisfaction. The KIDMAP on the Internet provided more interpretable and visualized message than traditional item-by-item box plots of disclosure.</p> <p>Conclusion</p> <p>After removing misfit items, we find that the 18-item questionnaire measures the same construct across types of hospitals. The KIDMAP on the Internet provides an exemplary comparison in quality of healthcare. Rasch analysis allows intra- and inter-hospital performances to be compared easily and reliably with each other on the Internet.</p

Light scattering properties beyond weak-field excitation in a few-atom system

In the study of optical properties of large atomic system, a weak laser driving is often assumed to simplify the system dynamics by linearly coupled equations. Here we investigate the light scattering properties of atomic ensembles beyond weak-field excitation through cumulant expansion method. By progressively incorporating higher-order correlations into the steady-state equations, an enhanced accuracy can be achieved in comparison to the exact solutions from solving a full density matrix. Our analysis reveals that, in the regime of weak dipole-dipole interaction (DDI), the first-order expansion yields satisfactory predictions for optical depth, while denser atomic configurations necessitate consideration of higher-order correlations. As the intensity of incident light increases, atom saturation effects become noticeable, giving rise to significant changes of light transparency, energy shift, and decay rate. This saturation phenomenon extends to subradiant atom arrays even under weak driving conditions, leading to substantial deviations from the linear model. Our findings demonstrate the potential of mean-field models as good extensions to linear models as it balances both accuracy and computational complexity, which can be an effective tool for probing optical properties in large atom systems. However, the crucial role of higher-order cumulants in large atom systems under finite laser field excitations remains unclear since it is challenging theoretically owing to the exponentially-increasing Hilbert space in such light-matter interacting systems.Comment: 4 figure

Electronic transport and device prospects of monolayer molybdenum disulphide grown by chemical vapour deposition

Layered transition metal dichalcogenides display a wide range of attractive physical and chemical properties and are potentially important for various device applications. Here we report the electronic transport and device properties of monolayer molybdenum disulphide (MoS2) grown by chemical vapour deposition (CVD). We show that these devices have the potential to suppress short channel effects and have high critical breakdown electric field. However, our study reveals that the electronic properties of these devices are at present, severely limited by the presence of a significant amount of band tail trapping states. Through capacitance and ac conductance measurements, we systematically quantify the density-of-states and response time of these states. Due to the large amount of trapped charges, the measured effective mobility also leads to a large underestimation of the true band mobility and the potential of the material. Continual engineering efforts on improving the sample quality are needed for its potential applications.Comment: 23 pages, 5 figure