The effect of financial leverage on real and accrual-based earnings management

Past research has documented a substitution effect between real earnings management (RM) and accrual-based earnings management (AM), depending on relative costs. This study contributes to this research by examining whether levels of (and changes in) financial leverage have an impact on this empirically documented trade-off. We hypothesise that in the presence of high leverage, firms that engage in earnings manipulation tactics will exhibit a preference for RM due to a lower possibility—and subsequent costs—of getting caught. We show that leverage levels and increases positively and significantly affect upward RM, with no significant effect on income-increasing AM, while our findings point towards a complementarity effect between unexpected levels of RM and AM for firms with very high leverage levels and changes. This is interpreted as an indication that high leverage could attract heavy outsider scrutiny, making it necessary for firms to use both forms of earnings management in order to achieve earnings targets. Furthermore, we document that equity investors exhibit a significantly stronger penalising reaction to AM vs. RM, indicating that leverage-induced RM is not as easily detectable by market participants as debt-induced AM, despite the fact that the former could imply deviation from optimal business practices.

Sexual System, Sex Ratio, and Group Living in the Shrimp Thor amboinensis (De Man): Relevance to Resource-Monopolization and Sex-Allocation Theories

The sexual system of the symbiotic shrimp Thor amboinensis is described, along with observations on sex ratio and host-use pattern of different populations. We used a comprehensive approach to elucidate the previously unknown sexual system of this shrimp. Dissections, scanning electron microscopy, size-frequency distribution analysis, and laboratory observations demonstrated that T amboinensis is a protandric hermaphrodite: shrimp first mature as males and change into females later in life. Thor amboinensis inhabited the large and structurally heterogeneous sea anemone Stichoclactyla helianthus in large groups (up to 11 individuals) more frequently than expected by chance alone. Groups exhibited no particularly complex social structure and showed male-biased sex ratios more frequently than expected by chance alone. The adult sex ratio was male-biased in the four separate populations studied, one of them being thousands of kilometers apart from the others. This study supports predictions central to theories of resource monopolization and sex allocation. Dissections demonstrated that unusually large males were parasitized by an undescribed species of isopod (family Entoniscidae). Infestation rates were similarly low in both sexes (approximate to 11%-12%). The available information suggests that T. amboinensis uses pure search promiscuity as a mating system. This hypothesis needs to be formally tested with mating behavior observations and field measurements on the movement pattern of both sexes of the species. Further detailed studies on the lifestyle and sexual system of all the species within this genus and the development of a molecular phylogeny are necessary to elucidate the evolutionary history of gender expression in the genus Thor.

Discourse strategies and power roles in student-led distance learning

The assertion of identity and power via computer-mediated communication in the context of distance or web-based learning presents challenges to both teachers and students. When regular, face-to-face classroom interaction is replaced by online chat or group discussion forums, participants must avail themselves of new techniques and tactics for contributing to and furthering interaction, discussion, and learning. During student-only chat sessions, the absence of teacher-led, face-to-face classroom activities requires the students to assume leadership roles and responsibilities normally associated with the teacher. This situation raises the questions of who teaches and who learns; how students discursively negotiate power roles; and whether power emerges as a function of displayed expertise and knowledge or rather the use of authoritative language. This descriptive study represents an examination of a corpus of task-based discussion logs among Vietnamese students of distance learning courses in English linguistics. The data reveal recurring discourse strategies for 1) negotiating the progression of the discussion sessions, 2) asserting and questioning knowledge, and 3) assuming or delegating responsibility. Power is defined ad hoc as the ability to successfully perform these strategies. The data analysis contributes to a better understanding of how working methods and materials can be tailored to students in distance learning courses, and how such students can be empowered by being afforded opportunities and effectively encouraged to assert their knowledge and authority.

Modular Product Verifications Based on Design for Assembly

The desire to conquer markets through advanced product design and trendy business strategies are still predominant approaches in industry today. In fact, product development has acquired an ever more central role in the strategic planning of companies, and it has extended its influence to R&D funding levels as well. It is not surprising that many national R&D project frameworks within the EU today are dominated by product development topics, leaving production engineering, robotics, and systems on the sidelines. The reasons may be many but, unfortunately, the link between product development and the production processes they cater for are seldom treated in depth. The issue dealt with in this article relates to how product development is applied in order to attain the required production quality levels a company may desire, as well as how one may counter assembly defects and deviations through quantifiable design approaches. It is recognized that product verifications (tests, inspections, etc.) are necessary, but the application of these tactics often result in lead-time extensions and increased costs. Modular architectures improve this by simplifying the verification of the assembled product at module level. Furthermore, since Design for Assembly (DFA) has shown the possibility to identify defective assemblies, it may be possible to detect potential assembly defects already in the product and module design phase. The intention of this paper is to discuss and describe the link between verifications of modular architectures, defects and design for assembly. The paper is based on literature and case studies; tables and diagrams are included with the intention of increasing understanding of the relation between poor designs, defects and product verifications.

Framväxten av sociala rörelsers globala politik

The emergence of social movements’ global politics Globalization not only transforms capital, media and technology, but also creates conditions for global politics, beyond ”international politics”. New transnational public arenas emerge, where a broad range of actors articulate demands and interests. A globalized political infrastructure arise from the combination of the (1) internal transnational mobilization within two opposing global networks: movements’ World Social Forum and political economy elites’ World Economic Forum; and a global connection with (2) regular dramatic street protests during multilateral regime summits; and (3) a permanent and virtual network of information communication technology that enables new forms of action, organization and mobilization. Together these arenas make participatory and global politics possible for social movements. Regime confrontations are formed by the new global media of ICT in a way that transforms the struggle into a political drama, where activists’ diversity of tactics – The Majority Drama, The Carnival, and The David-Goliath Drama – creates both competition and collaboration. These arenas are only emerging and this new form of global political structure creates both possibilities and problems. Still, a unique potential to democratize politics is created.

Wolves in sheeps' clothing: Creationist manipulation of Kansas science standards

So the question that animates this paper is this: what happens when a state's education policy seeks to make popular social and religious values a central part of its education standards in direct confrontation with the Establishment Clause of the First Amendment of the U.S. Constitution? I will try to answer that question in three ways. First, I will examine the tactics used in the manipulation of curricula to reflect social and religious values, with special focus on the Kansas case. Second, I will try to ascertain the determinants of success in these efforts; under what conditions are movements to impose creation science on public school curricula likely to succeed, and when to fail? Third, I will try to place these struggles over educational curricula, and between religion and science, in broader context, focusing on what they tell us about the nature of public policy making in the contemporary United States.

Opting out of oppositionality : toward an informed and engaged "third wave" feminism

I begin by citing a definition of "third wave" from the glossary in Turbo Chicks: Talking Young Feminisms at length because it communicates several key issues that I develop in this project. The definition introduces a tension within "third wave" feminism of building and differentiating itself from second wave feminism, the newness of the term "third wave," its association with "young" women, complexity of contemporary feminisms, and attention to multiple identities and oppressions. Uncovering explanations of "third wave" feminism that go beyond, like this one, generational associations, is not an easy task. Authors consistently group new feminist voices together by age under the label "third wave" feminists without questioning the accuracy of the designation. Most explorations of "third wave" feminism overlook the complexities and distinctions that abound among "young" feminists ; not all young feminists espouse similar ideas, tactics, and actions; and for various reasons, not all young feminists identify with a "third wave" of feminism. Less than a year after I began to learn about feminism I discovered Barbara Findlen's Listen Up: Voices From the Next Feminist Generation. Although the collection nor its contributors declare association with "third wave" feminism, consequent reviews and citations in articles identify it, along with Rebecca Walker's To Be Real: Telling the Truth and Changing the Voice of Feminism, as a major text of "third wave" feminism. Re-reading Listen Up since beginning to research "third wave" feminism, I now understand its fundamental influence on my research questions as a starting point for assessing persistent exclusion in contemporary feminism, rather than as a revolutionary text (as it is claimed to be in many reviews). Findlen begins the introduction with the bold claim, "My feminism wasn't shaped by antiwar or civil rights activism ..." (xi). Framing the collection with a disavowal of the influence women of color's organizational efforts negates, for me, the project's proclaimed commitment to multivocality. Though several contributions examine persistent exclusion within contemporary feminist movement, the larger project seems to rely on these essays to reflect this commitment, suggesting that Listen Up does not go beyond the "add and stir" approach to "diversity." Interestingly, this statement does not appear in the new edition of Listen Up published in 2001. And the content has changed with this new edition, including several more Latina contributors and other "corrective" additions.

Using an animated pedagogical agent to interact affectively with the student

This work proposes an animated pedagogical agent that has the role of providing emotional support to the student: motivating and encouraging him, making him believe in his self-ability, and promoting a positive mood in him, which fosters learning. This careful support of the agent, its affective tactics, is expressed through emotional behaviour and encouragement messages of the lifelike character. Due to human social tendency of anthropomorphising software, we believe that a software agent can accomplish this affective role. In order to choose the adequate affective tactics, the agent should also know the student’s emotions. The proposed agent recognises the student’s emotions: joy/distress, satisfaction/disappointment, anger/gratitude, and shame, from the student’s observable behaviour, i. e. his actions in the interface of the educational system. The inference of emotions is psychologically grounded on the cognitive theory of emotions. More specifically, we use the OCC model which is based on the cognitive approach of emotion and can be computationally implemented. Due to the dynamic nature of the student’s affective information, we adopted a BDI approach to implement the affective user model and the affective diagnosis. Besides, in our work we profit from the reasoning capacity of the BDI approach in order for the agent to deduce the student’s appraisal, which allows it to infer the student’s emotions. As a case study, the proposed agent is implemented as the Mediating Agent of MACES: an educational collaborative environment modelled as a multi-agent system and pedagogically based on the sociocultural theory of Vygotsky.

Respostas estratégicas dos sindicatos patronais do comércio de bens, serviços e turismo do Brasil às pressões institucionais

O foco deste trabalho é identificar as respostas estratégicas que os sindicatos patronais do comércio de bens, serviços e turismo apresentam quando submetidos às pressões institucionais a que estão sujeitos. Foi utilizada a tipologia proposta por Oliver (1991), que considera cinco tipos de respostas, de concordância passiva a manipulação ativa. Foram pesquisados 75 sindicatos por meio da aplicação de um questionário que avaliou quais as pressões a que estão sujeitos esses sindicatos, quais as principais instituições fontes das pressões e quais as respostas apresentadas. Por meio de mapas de associação foram relacionadas as respostas apresentadas com a tipologia proposta por Oliver (1991). Os resultados indicam que os sindicatos patronais pesquisados não têm grande poder de barganha, apresentando, como principal resposta, a conciliação associada à tática de balanceamento. Outro fator importante identificado, mesmo que em menor escala, é o uso de resposta de manipulação com a tática de influência, forma de atuação bem mais ativa que, se incentivada, pode gerar maior força e representatividade para os sindicatos patronais. As implicações deste trabalho voltam-se para os programas de fortalecimento das entidades sindicais empreendidos pela Confederação Nacional do Comércio de Bens, Serviços e Turismo (CNC), que devem se adaptar para possibilitar uma capacidade de resposta mais ativa dos sindicatos patronais que fazem parte de seu escopo.

Homo infidelis : preferências, assimetria de informação e signaling

No presente trabalho analisamos a eficácia de estratégias de signaling no contexto do relacionamento extra-diádico. Adicionalmente, mensuramos tanto as preferências declaradas quanto as reveladas pelos indivíduos em suas interações no ambiente virtual, comparando gêneros e países. Pesquisas anteriores sobre a temática extra-diádica apoiaram-se excessivamente sobre metodologias com substanciais lacunas: baixo número de observações, universo amostral restrito a estudantes universitários, viéis auto-declaratório comprometendo a correta interpretação da realidade dos fatos, e ausência de comparativos internacionais. Todas essas ponderações foram superadas no presente estudo, no qual analisamos 100 mil indivíduos, sendo 6 mil homens e 4 mil mulheres para cada um dos 10 países da amostra: Argentina, Austrália, Brasil, Canadá, Chile, Itália, México, Espanha, Reino Unido e Estados Unidos. Assim, temos um universo amostral plúrimo em termos de nacionalidade e número de observações. As evidências empíricas aqui reveladas mostraram que indivíduos do sexo masculino são mais ativos na conquista extra-conjugal, refutando a sugestão de uma convergência comportamental. Homens contactaram em média per capita 30 mulheres diferentes no horizonte temporal de 3 meses, contra 13 na direção oposta. Em termos de preferências físicas, constatamos que indivíduos de âmbos os gêneros procuram consumar a relação com uma contraparte idealizada. Mulheres mostram interesse por homens altos e experientes. Os homens querem mulheres mais novas e em forma. Homens baixos ou novos, e mulheres altas ou velhas, foram os mais rechaçados da amostra. Com relação às preferências declaradas e reveladas sobre o tipo de encontro extra-diádico almejado, tanto homens quanto mulheres mostraram maior interesse por um “caso rápido”, indicando o intuito de estabelecer um contato pouco aprofundado, casual, de cunho físico-sexual e com baixa vinculação afetiva. A opção menos escolhida foi “um caso virtual”, sugerindo a efetiva intenção de concretizar a infidelidade, e não mantê-la restrita ao ambiente virtual. Por fim, verificamos que as estratégias de signaling analisadas (por meio de foto, feedback e presente virtual) foram fortemente eficazes. Em todos os casos indivíduos que adotaram tais sinalizações obtiveram substancial vantagem competitiva em relação aos demais e passaram a exercer maior atratividade, recebendo elevada parcela de mensagens e contatos.

Applying negotiation skills in the design of public policies: analysis of the city of São Paulo’s invoice program

The author argues that by applying problem-solving negotiation skills in the design of public policies, public administrators benefit from more effective and wide-ranging outcomes in the realization of their goals. In order to demonstrate this idea, the author analyzes how negotiation skills – such as identifying key actors and their interests, recognizing hardbargaining tactics and changing the players, knowing your best alternative, creating value and building trust – permeated and contributed to the success of the City of São Paulo’s Invoice Program (“Programa Nota Fiscal Paulistana”), a public policy aimed at combating tax evasion of service tax in the City of São Paulo.

Negociação distributiva: o comportamento do executivo brasileiro

Este relatório descreve uma pesquisa realizada entre agosto de 2002 e dezembro de 2004. Foram coletados mais de 1.100 registros de exercícios de negociações distributivas realizadas em duplas por alunos de pós-graduação. Os resultados confirmam algumas expectativas encontradas na literatura, mas revelam também aspectos surpreendentes, tais como a constatação de que, numa negociação distributiva, o valor final do acordo não exerce praticamente nenhuma influência sobre a satisfação dos envolvidos. Igualmente surpreendente foi constatar que, ao contrário do que se supõe, a satisfação dos dois lados envolvidos apresenta correlação positiva. Constatou-se ainda que o impacto da oferta inicial numa negociação distributiva é menor primeira contraproposta. O conjunto destas três constatações principais permite desenvolver táticas para otimizar resultados em situações distributivas.

Telhado de Vidro: uma reflexão sobre os processos de inventário de patrimônio imaterial do IPHAN-RJ a partir do caso do inventário da Festa de Nossa Senhora da Conceição-RJ

Esta pesquisa tem como objeto a análise do inventário da festa de Nossa Senhora da Conceição, do Morro da Conceição, Rio de Janeiro, realizado por mim para a Superintendência do Instituto do Patrimônio Histórico e Artístico Nacional no Rio de Janeiro (IPHAN-RJ) entre julho de 2009 e março de 2010. Através de uma metodologia que envolve pesquisa documental e etnografia, estabeleço uma comparação entre o que é determinado oficialmente para a realização de um inventário de referências culturais e o que, na prática, é feito pelos técnicos e pesquisadores em relação à pesquisa e às demandas das comunidades. O trabalho engloba não apenas a investigação do processo de pesquisa do inventário, mas também os objetivos do referido instituto e as contrapartidas para a comunidade envolvida. Ainda, permite compreender as táticas utilizadas pela comunidade para alcançar seus objetivos frente ao IPHAN-RJ e aos pesquisadores e, em contrapartida, as estratégias desenvolvidas pela instituição e seus representantes para que seus intuitos políticos fossem alcançados.

O jingle e outras práticas culturais dos vendedores de rua de Aracaju/SE

This masters dissertation constitutes in a mapping with base in a field research carried in the streets of commercial center and adjacencies of the Aracaju city, capital of Sergipe state, located in Brazilian‟s Northeast. This is a study about the jingle and others social practices found in the day-by-day of streets by the streets sellers. There is a clear intention of consider the pregão singed by sellers of the street how a jingle that is produced, transmitted and accepted in a means social, characterized how cultural manifestation study. Thus, this ethnography aims to observe the use of the jingle and other cultural practices carried out by street vendors, showing how they are produced, disseminated and consumed in everyday life, as a way to do it. These practices that occur in cities since ancient times continue to occur in all Brazilian cities, including the capital cities, although in some cases, some of them such as the jingle, they get more scarce. Specifically aimed at rescuing the memory of these cultural practices, considering them as "tactics" of practitioners, a resistance of street vendors, individuals, "ordinary" real "anonymous wanderers" in the face of pressure from a dominant force and uneven. In this perspective, the present study is based on the theories of Certeau (1990, 1996) and Coradini (1995) on daily life in the cities, seeking to demonstrate how street vendors engage in a "diverted", subversive, selling its products, creating and using the jingle and other similar relationships that are part of common culture, introducing itself as "ways of doing" that are appropriate or re-appropriated, consumed or accepted in joints over time and within the "anthropological urban spatiality

Redução de aplicações de inseticidas através da adoção de táticas de manejo integrado do Triozoida limbata (Enderlein, 1918) (Hemiptera: triozidae) em goiabeira

The guava tree pest that has been requesting larger control frequency, in the area of Jaboticabal - São Paulo in the last years, is the psilideo Triozoida limbata. Thus, the objectives of this research were: a) Compare control tactics T. limbata based on monitoring and selectivity of insecticide to decrease the applications; b) To register and to correlate the natural enemies in habitants in guava tree ecosystem with the key pest and with meteorological factors; c) See if the control of T. limbata affects the population of fruit flies and d) To verify the efficiency of appropriate insecticides to IMP, in control of T. limbata. The experiment was conducted in 2004, in an orchard of Paluma cultivar in Vista Alegre do Alto, SP. The used strategies were (doses in g.a.i./100L water): control; imidacloprid + beta-cyfluthrin (2.5 + 0.3); acetamiprid (4.0); fenpropathrin (15.0) and regional conventional treatment. It was concluding that is possible to reduce the number of applications of less aggressive insecticides to the environment and the man, with the adoption of monitoring of T. limbata and implementing the action level. The natural enemies' populations densities (Scymnus spp., Cycloneda sanguinea, Azia luteipes, Crysoperla spp., Polybia spp., Brachygastra ssp.) present positive correlations with the populations of T. limbata. Population fluctuations of T. limbata and natural enemies are not altered by meteorological factors (precipitation and temperature) in irrigated orchard. The population of Anastrepha spp. is minimized when of the applications is for control T. limbata. The insecticides imidacloprid, imidacloprid + beta-cyfluthrin, acetamiprid and fenpropathrin are efficient in the control of T. limbata.