The September Issue

résultats, coût d’endettement, accruals discrétionnaires. Abstract This paper investigates the effect of both earnings management and beating earnings benchmarks on the cost of debt. Based on a sample of 380 American firms (selected from Fortune 1000), for the period 1996-2004, our results show that discretionary accruals provide additional information to creditors about the financial situation of the firm. Specifically, firms with extreme positive and negative discretionary accruals incur a higher

tools Canshare The Web TV • To involve and to seduce internal tools Bob the Bonzai Three different events to propose 5. External strategy …………………………………………………..….…. p 20 6. Planning …………………………………………………………..……. p 75/45 7. Budget …………………………………………………………….…….. p 54/56 [MARKET STUDY : ENGLISH TRAINING] The market of English training for companies started at the beginning of 80’s. At this moment a lot of companies

de Veen The International Labour Organization The International Labour Organization was founded in 1919 to promote social justice and, thereby, to contribute to universal and lasting peace. Its tripartite structure is unique among agencies affiliated to the United Nations: the ILO’s Governing Body includes representatives of government and of employers’ and workers’ organizations. These three constituencies are active participants in regional and other meetings sponsored by the ILO, as well

économique de la dette publique Bibliographie Aiyagari S.R. et E.R. Mc Gratten (1998), « The optimum quantity of debt », Journal of Monetary Economics, 42 (3), 447–469, October. Balassone F., J. Cunha, G. Langenus, B. Manzke, J. Pavot, D. Prammer et P. Tommasino (2011), « Fiscal sustainability and policy implications for the euro area », International Journal of Sustainable Economy, 3 (2), Special issue on sustainable public finances in a turbulent global economy, 210-234. Baldacci E, S. Gupta

assurance raisonnable quant à l’atteinte des objectifs de l’organisation. » 1 2 Selon la définition issue du dictionnaire Le nouveau Petit Robert, 1993 www.iso.org, « Guide ISO 73 : Management du risque – vocabulaire », 2009, p.1 3 ème Mathématicien et physicien français du XX siècle, prix Nobel de chimie en 1929 4 www.coso.org, “Enterprise Risk Management – Integrated Framework”, September 2004, p.2 Mathieu Girème – Mémoire de professionnalisation – Septembre 2011 Page 6 Dès lors, avec

adjusting its policy instruments not only toinflation (or its inflation forecast) and the output gap, but to asset prices as well. Typically modifying the policy framework in this way could also reduce output volatility. We emphasize that this conclusion is based on our view that reacting to asset prices in the normal course of policymaking will rduce the likelihood of asset price bubbles forming, thus reducing the risk of boom-bust investment cycles » (CECCHETTI et AL, 2000). Il existe deux importants

enriched? And the questions are perhaps just slightly changed in the real centres of the world. What would life be like there without swamis and without reggae, without Olympic Games and ‘the Japanese model’? In the end, it seems, we are all being creolised. --Ulf Hannerz, “The World in Creolisation” Among a new generation of post-colonial artists who are exploring the Caribbean as a microcosm of “the future world whose signs are already showing” (Bernabé, Chamoiseau, Confiant 892) is the Jamaican-born

respond to the criticism met by the ABC method, in terms of the cost and complexity of implementing and maintaining it. While TDABC offers a partial solution to these failings, it also has some inherent weaknesses. Among these, we may cite in particular the difficulty to measure the times on which the TDABC method is based. Homogeneity and maintaining it over time are also given little thought, in spite of their importance in this type of method. Finally, there is nothing new about the valuation of

Int. J. of Human Resource Management 18:11 November 2007 2037– 2056 The good and the bad: the impact of diversity management on co-operative relationships ´ Stephanie Dameron and Olivier Joffre Abstract This paper explores the consequences of cultural diversity on co-operative relationships. It postulates two different modes of co-operation: ‘community based co-operation’, based on the need to belong, and ‘complementary co-operation’, which seeks to harness strategic resources. These modes

Un des articles les plus cités de la littérature économique, que ce soit par les spécialistes de l’économie organisationnelle ou ceux des sciences de gestion – notamment les chercheurs en finance – est celui de Jensen et Meckling (1976) « Theory of the Firm : Managerial Behavior, Agency Costs, and Ownership Structure », publié dans le Journal of Financial Economics. Cet article a jeté les bases de la théorie positive de l’agence (désormais la TPA), dont l’influence s’est largement étendue au-delà