Does Mandatory IFRS Adoption in the EU Level the International Playing Field Between Foreign and Domestic Analysts? ACES Working Papers, October 2011

International Financial Reporting Standards (IFRS) have been promoted as a global set of financial reporting standards that will help integrate global capital markets. We examine whether the mandatory European-wide adoption of IFRS in 2005 improved the forecast accuracy for foreign analysts relative to that of domestic analysts. We find that, on average, foreign analysts experience no incremental improvement in forecast accuracy relative to domestic analysts. However, we find that those foreign analysts who are familiar with IFRS do experience an incremental improvement in forecast accuracy relative to domestic analysts. We also find that this incremental improvement in forecast accuracy relative to domestic analysts is concentrated among firms domiciled in countries with both strong enforcement regimes and domestic accounting standards that differ significantly from IFRS. Our results highlight that both familiarity with IFRS and the quality of countries' enforcement environments play key roles in determining the extent to which IFRS adoption can reduce information asymmetry between foreign and domestic analysts.

Proposta di traduzione del racconto “Li Ying, la moglie del sonnambulo” tratto dalla raccolta “La Cina dei bassifondi” di Liao Yiwu

L’elaborato si divide in tre capitoli. Il primo presenta l’autore, le correnti letterarie underground sviluppatesi dopo il 1976 e una breve presentazione della raccolta. Il secondo capitolo contiene la mia proposta di traduzione del racconto "Li Ying, la moglie del sonnambulo" e il terzo capitolo contiene il commento traduttologico, nel quale sono analizzate le problematiche riscontrate durante la traduzione, e alcune espressioni storiche e religiose che si è ritenuto necessario approfondire.

Global database of surface ocean particulate organic carbon export fluxes diagnosed from the 234Th technique

Through the processes of the biological pump, carbon is exported to the deep ocean in the form of dissolved and particulate organic matter. There are several ways by which downward export fluxes can be estimated. The great attraction of the 234Th technique is that its fundamental operation allows a downward flux rate to be determined from a single water column profile of thorium coupled to an estimate of POC/234Th ratio in sinking matter. We present a database of 723 estimates of organic carbon export from the surface ocean derived from the 234Th technique. Data were collected from tables in papers published between 1985 and 2013 only. We also present sampling dates, publication dates and sampling areas. Most of the open ocean Longhurst provinces are represented by several measurements. However, the Western Pacific, the Atlantic Arctic, South Pacific and the South Indian Ocean are not well represented. There is a variety of integration depths ranging from surface to 220m. Globally the fluxes ranged from -22 to 125 mmol of C/m**2/d. We believe that this database is important for providing new global estimate of the magnitude of the biological carbon pump.

Sombra, fanatasía lírico-dramática, en un prólogo y tres actos,

Mode of access: Internet.

Selección lírica /

Mode of access: Internet.

Salterio lírico; versos.

Mode of access: Internet.

A flor de tierra; cuentos y poesías líricas

Mode of access: Internet.

Pequeña ópera lírica, Trovadores y trovas.

"Este volumen ... lo integran dos obritas de juventud: Pequeña ópera lirica (1904) y Trovadores y trovas (1899), habiéndose tomado de Trovadores y trovas sólo las trovas, con prescindencia de la primera parte de aquel libro, escrita en prosa."--Advertencia.

Pequeña ópera lírica /

Mode of access: Internet.