"Trust Me" - There's No Substitute for Due Diligence
May 13, 2010
How many times must we be beaten about the head before a lesson is learned?
Looking back over the last few years seems to point out that beatings about the head will have to continue forever. A “Chairman’s Corner” listing every lie that has cost shareholders a bundle would be exhausting.
The last few years present enough
read more...Chairman's Corner
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TITLE
05/13/10
03/26/10
03/09/10
02/04/10
01/14/10
12/01/09
11/10/09
10/15/09
09/14/09
08/06/09
06/15/09
05/27/09
04/30/09
04/16/09
03/13/09
02/18/09
02/12/09
01/02/09
12/08/08
11/12/08
09/25/08
08/06/08
06/26/08
06/18/08
04/30/08
03/17/08
02/07/08
01/03/08
12/04/07
10/29/07
08/13/07
06/30/07
06/14/07
04/26/07
03/19/07
03/06/07
01/29/07
01/08/07
12/13/06
10/24/06
09/28/06
08/03/06
09/07/07
06/29/06
06/17/06
06/14/06
05/30/06
05/09/06
03/22/06
03/06/06
EARLY WARNING: New Flyer Industries, Inc.
July 01, 2010
During the past two years the automobile and truck industry in Canada has been battered by the same problems impacting major U.S. manufacturers. Declining tax revenues have forced transit agencies in the U.S. and Canada to cut spending, eliminate service routes, and lay off employees, resulting in a 5.3% decline in New Flyer Industries’ total
Research
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07/01/10
06/28/10
06/17/10
05/11/10
03/25/10
03/04/10
02/24/10
02/11/10
02/10/10
01/26/10
01/05/10
12/17/09
12/03/09
12/02/09
11/19/09
11/12/09
11/05/09
10/28/09
10/22/09
10/21/09
10/14/09
10/12/09
09/23/09
09/22/09
09/18/09
09/16/09
08/27/09
08/26/09
08/19/09
08/13/09
08/12/09
08/04/09
07/23/09
07/14/09
07/01/09
06/24/09
06/17/09
06/08/09
06/03/09
06/03/09
05/27/09
05/20/09
04/30/09
04/22/09
03/26/09
03/23/09
03/16/09
02/26/09
02/23/09
01/28/09
01/22/09
12/11/08
10/10/07
09/03/08
06/17/08
06/12/08
02/08/07
08/16/07
08/14/07
06/12/07
03/08/07
06/18/07
08/06/07
03/12/07
12/14/06
11/21/06
11/17/06
09/18/06
05/16/06
02/02/06
11/11/05
Bankruptcy White Paper
March 03, 2010
The recent economic downturn has brought bankruptcy risk to the forefront of investor and corporate stakeholder concerns. The need exists for more effective approaches to identifying the companies most likely to go bankrupt or suffer severe financial distress. With an increase in the number of bankruptcies and the changing nature of company failures – driven
"Detecting and Predicting Accounting Irregularities: A Comparison of Commercial and Academic Risk Measures"
- Richard A. Price III, Rice University; Nathan Y. Sharp, Texas A&M University; David A. Wood, Brigham Young University
- Richard A. Price III, Rice University; Nathan Y. Sharp, Texas A&M University; David A. Wood, Brigham Young University
February 02, 2010
Although a substantial body of academic research is devoted to developing and testing risk proxies that detect or predict accounting irregularities, the academic literature has paid little attention to commercially developed risk measures. This is surprising given the general consensus that accruals-based risk proxies in the academic literature are very noisy (McNichols [2000]). We compare
Academic Papers
DATE
TITLE
02/02/10
- Richard A. Price III, Rice University; Nathan Y. Sharp, Texas A&M University; David A. Wood, Brigham Young University
10/01/09
- Douglas F. Prawitt, Glen Ardis Professor of Accountancy, Marriott School of Management, Brigham Young University; Nathan Y. Sharp, Mays Business School, Texas A&M University; David A. Wood, Brigham Young University and Indiana University
10/01/09
- Shannon L. Charles, Brigham Young University; Steven M. Glover, Brigham Young University; Nathan Y. Sharp, Texas A&M University
09/04/09
"Rating the Ratings: How Good Are Commercial Governance Ratings?"
- Robert M. Daines and David F. Larcker, Graduate School of Business, Rock Center for Corporate Governance, Stanford University; Ian D. Gow, Kellogg School of Management, Northwestern University
07/01/09
- Maria M. Correia, Stanford Graduate School of Business
06/01/09
"Litigation Risk and Market Reaction to Restatements"
- Katsiaryna Salavei, Dolan School of Business, Fairfield University; Joseph Golec, Department of Finance, University of Connecticut; and John P Harding, Department of Finance, University of Connecticut
11/01/08
"The Pricing Properties of Audit Integrity’s AGR Measure"
- Walter N. Torous, Lee and Seymour Graff Endowed Professor, UCLA Anderson School of Management
11/23/05
