... intheperiod1976to2005 Hepatotoxicity or DILI (21%) formed the majority cause for drugwithdrawals Cardiotoxicity refers to heart-related toxicities other than torsades de pointes Torsades ... in acute liver failure and death The reasons for these typical hallmarks of idiosyncratic DILI have remained poorly understood so far Figure Drugtoxicitiesleadingtomarketwithdrawalsinthe ... genes/products using bioinformatics 194 x LIST OF FIGURES Figure Drugtoxicitiesleadingtomarketwithdrawalsintheperiod1976to2005 Figure Chemical structure of troglitazone Figure...
... decisions (including supervisory board composition) by combining under the Association of Individual Investors, which strives to involve individual investors inthe companies’ general meetings.32 Other ... directors, including the president.25 Therefore, in being granted preferential access to shares, workers gained the right to express their views through the shareholders meeting and when they ... auditors to render opinions on the fairness of the presentations inthe financial statements The auditors fail in their oversight role when they ignore management’s manipulations of the financial...
... report to be misleading, they should bring the matters tothe attention of the directors or promoters If the matters are not resolved tothe auditor’s satisfaction, they should not consent tothe inclusion ... since the costs of relying on an inaccurate earnings forecast are generally borne by new investors In contrast, if managers intend to return tothe capital market they will have incentives to provide ... response tothe prior disclosure of an earnings target The incentives for such earnings management and their role in determining the extent of earnings management would appear to be worthy of further...
... Additionally, the scenario included summarized income statement and balance sheet information for the current year Finally, to add stress tothe situation, we included the need for the company to restate ... reduction from rotating auditing firms may be minimal The GAO decided against requiring firm rotation in part due to a question concerning whether other provisions of SOX (such as mandating minimal thresholds ... considering rotating auditors a full year following passage of SOX (U.S General Accounting Office [GAO] 2003, 15) Nevertheless, both regulators and the business press continue to consider the proposition...
... Introduction Auditor independence is the cornerstone of the auditing profession In general, auditor independence can be of two forms: “independence in fact” and “independence in appearance” The ... lead to audit staff being too sympathetic tothe client interest Since, the relationship between the auditor and his client can be close in one way or another regardless of the number of years in ... risk, the length tenure inthe office before being switched, the changes in operating income, market value of equity as well as the changes in total assets) explain the behaviour of ending audit...
... employee to enter the new position at the client company Such actions are essential to maintaining the integrity of the audit, obtaining the desired employee for the position, and eliminating a ... According to PricewaterhouseCoopers (2002), audit quality depends on numerous factors, ordinarily including the experience, integrity, and training of the auditors and the firm with which they ... allegiance tothe corporation’s creditors and stockholders, as well as tothe investing public’” (Goodkind, 2000) Second, inthe primary sense of the term, the audit firm is not a customer of the audit...
... actors might have to ask firms to engage in CSR initiatives, and we apply this model tothe action of institutional investors to explain the greater emphasis on CSR issues inthe UK versus the ... stock-based incentives inthe US are much higher than inthe UK Another area of divergence is inthe relationship between the firm and its equity investors As noted above, institutional investors ... (Jensen, 2005) Consequently, institutional investors inthe US not play the strategic consulting role that is becoming more common inthe UK Corporate social responsibility inthe UK vs the US In addition...
... contents outlining the structure of the book together with abstracts of all contributions to be included Final acceptance is issued by the series editor in charge, in consultation with the publisher, ... solutions in closed form The basic tool is the appropriate use of the singularities of the solutions, and this can be done without knowing these solutions in advance Since the elaboration of the singular ... developed in Sect 7.3 The constraints on U reflect the integrability level of the PDE If the only constraint on U is to satisfy some PDE, one is on the way to an auto-BT if the PDE for U is the same...
... f in one of the lines, a transmission of f/2 tothe other three lines and a reflection of -f/2 inthe incident line Similar results apply to all four lines, so that the total scattering is the ... the net flow into the node from each line is the incident minus the reflected pulses divided by the impedance of the line (Equation [2.9]) No matter how many lines meet at the node, if the line ... tothe real string at the boundary point, superposing on the existing wave inthe string approaching the boundary This virtual wave is a mirror image of the outgoing wave, either inverted or not...
... of the ectocervical epithelium usually seen in older women It is thought to originate from Müllerian epithelium of the early genitourinary system with the potential to differentiate into urothelium ... The reasons for using immunohistochemistry in routine practice are manifold The immunohistochemistry method helps to determine the histogenesis of a given tumor In most instances that determination ... detecting antigens in sections of formalin-fixed and paraffin-embedded tissues The epitope of the antigen must be unmasked in most instances, because formalin fixation causes proteins to cross-link,...
... NK interleukin Ig-like transcript chromosomal inversion IL-1 receptor-associated kinase interphotoreceptor retinoid-binding protein immunoreceptor tyrosine-based activation motif immunoreceptor ... receptor's gamma chain and rearrangement of the beta chain also occurs inthe thymus These cells are described as double negative since they contain neither the CD4 nor the CD8 antigen Inthe ... receptors The structure of c and d chains is similar to that of the a and b chains The amino acid sequence of the c chain very closely resembles that of the b chain, and the sequence of the d chain...
... bring together the knowledge of the past, in such a way that the reader/investigator can have readily available the information necessary to study the patients, patch test them, and interpret the ... produce proinflammatory cytokines and chemokines Thereby, more inflammatory cells are recruited further amplifying local inflammatory mediator release This leads to a gradually developing eczematous ... their activation and, thereby, control the type of immune response (IFN Interferon, IL interleukin, LT lymphotoxin, TGF transforming growth factor) 2.5.3 Cytokine Environment Inthe skin-draining...
... rectum and the vagina, as well as an approach from a wound inthe abdomen of the corpse The first attempt to apply the device to a living patient was made inthe same gathering The building of Josephs ... illumination, and the shaft was m in length Partly because the shaft was too stiff, insertion into the descending colon was still very difficult When inserting into the proximal sigmoid colon, the ... from the mouth into the proximal colon and used as a pulley through which the anal pull-string could be used to tug the endoscope into the proximal colon [36] Inthe “string guidance” method, the...
... (z B Interviewtrainings oder -leitfäden) Erlassen Sie interne Richtlinien Neben der Beseitigung etwaiger Schwachpunkte in einzelnen Prozessen sollten Sie auch an den Erlass interner Richtlinien ... MitarbeiterInnen, in Jahresgesprächen oder Vergütungsverhandlungen usw Allgemeine Information an die Beschäftigten Darüber hinaus ist eine allgemeine Information an die Beschäftigten dringend zu ... Entlassung • Verhalten gegenüber InteressentInnen und KundInnen Beispiel: Einzelfälle und allgemeine Situationen Die Auditierung behält sinnvollerweise einerseits Einzelfälle im Auge (z B Analyse...
... provide investors with insights that they want Prospective investors then might have to incur costs to obtain information elsewhere or discount the amount they are willing to pay for the shares, using ... critical input in most attempts to project future performance of firms Tothe extent themarket deems accounting information unreliable, investors confront “information risk” in making investment ... to entry inthe analyst industry Inthe process, the industry should become more competitive, assuming sufficient investor demand exists to support analysts independent of brokerage or other investment...
... contributed tothe role of English as the unofficial language standard for business Emerging Markets Are Linking to Global Capital Markets Beginning inthe 1980s in Latin America and gaining steam over the ... beside private sector participants inthe quest to turn Singapore into an Asian financial center In Indonesia they were joined by Roberto, who helped other McKinsey colleagues serve the Indonesian Bank ... tumbling to a negative percent the following year Unemployment rose to percent in 1998 The banking system melted down, forcing the government to intervene, first inthe merchant banks and then the...
... [1997] 48 industries The key independent variable in these regressions is the Democracy dummy, set equal to one if the stock is inthe Democracy Portfolio and zero if the stock is inthe Dictatorship ... directors against job-related liability or to compensate them following a termination The Other group includes the six remaining firm-level provisions These provisions tend to cluster within firms ... expected, and the firm’s value at the beginning of theperiod would have been too high Hypothesis II is that managers inthe 1980s predicted poor performance inthe 1990s, but investors did not In this...
... earnings management may impact investors by giving them false information Capital markets use financial information to set security prices Investors use financial information to decide whether to ... written consent of the board since these involve less director action and input and are less likely to result in effective monitoring We, therefore, only include faceto-face board meetings For our ... securities Market efficiency is based upon the information flow to capital markets When the information is incorrect, it may not be possible for the markets to value securities correctly Tothe extent...
... evidence again calls into question the shareholder-centered models of corporate governance Institutional investors' increasing reliance on indexing investment strategies is also a factor in funds' ... Starbuck, 1976; Shen, see this issue) The challenge for directors is to build and maintain trust in their relationships with executives, but also to maintain some distance so that effective monitoring ... come to outweigh those of shareholders Research investigating the presence of institutional investors inthe financially declining firm has yielded less consistent results than research addressing...
... why increases inthe timeliness parameter g lead to increases inthe weight on earnings and decreases inthe weight on change inmarket value An increase in g strengthens the signal in earnings ... increases in timeliness on the weight on earnings inthe optimal contract First, increases in timeliness make the signal in earnings about current managerial actions stronger, leadingto an increase ... that the weight on earnings in an incentive contract is decreasing inthe variance of earnings Further, controlling for the variance of earnings, the weight on returns is decreasing inthe variance...