scholarly journals CITIC Guoan Financial Fraud Case Analysis

2021 ◽  
Vol 2 (3) ◽  
pp. 136-139
Author(s):  
Rui Deng ◽  
Liang Mao
Keyword(s):  
Business Ethics ◽  
Rapid Growth ◽  
Professional Ethics ◽  
Case Analysis ◽  
Listed Companies ◽  
Financial Fraud ◽  
Theoretical Knowledge ◽  
High Quality ◽  
Staff Management ◽  
Supervision And Management

With the diversified development of contemporary China ' s economy, the rapid growth of high-quality economy, but fraud occurs frequently, emerge in endlessly. This paper introduces the theoretical knowledge, reviews the case of CITIC Guoan, and expounds the background and fraud situation of the company. Then through the analysis of CITIC Guoan ' s financial fraud cases of A-share listed companies for seven consecutive years, this paper comprehensively summarizes the means of fraud from six aspects, triggering the thinking of business ethics and accounting professional ethics. Finally, from the staff, management and external supervision and management of listed companies to prevent financial fraud recommendations.

scholarly journals A study of the impact of information disclosure quality on the efficiency of corporate investment—Based on civil engineering listed companies

2020 ◽  
Vol 198 ◽  
pp. 03032
Author(s):  
Liying Zhang
Keyword(s):  
Life Cycle ◽  
Civil Engineering ◽  
Listed Companies ◽  
Investment Efficiency ◽  
Disclosure Quality ◽  
High Quality ◽  
Life Cycle Stages ◽  
Quality Disclosure ◽  
The Impact

Most of the existing studies on the impact of disclosure quality of listed companies on the investment efficiency of enterprises are based on the static level, and the article investigates the evolution of disclosure quality on the investment efficiency of enterprises from the dynamic level by dividing the life cycle of enterprises. Taking the data of Shenzhen civil engineering companies from 2013-2017 as the research sample, it uses multiple regression analysis to empirically test the impact of disclosure quality of listed companies on the investment efficiency of enterprises at different life cycle stages. The results show that when no distinction is made between life cycle stages, high quality disclosure can significantly inhibit the inefficient investment behavior of firms; in the growth and maturity samples, high quality disclosure can significantly inhibit underinvestment and overinvestment; in the recessionary samples, high quality disclosure can significantly inhibit underinvestment and has no significant effect on overinvestment.

scholarly journals Testing the Beneish Model Relevance in Case of Entities with Confirmed Reputational Risk

2019 ◽  
Vol 13 (1) ◽  
pp. 43-48
Author(s):  
Ioan-Ovidiu Spătăcean
Keyword(s):  
Financial Reporting ◽  
Public Interest ◽  
Financial Services ◽  
Financial Statements ◽  
Listed Companies ◽  
Financial Fraud ◽  
Financial Services Industry ◽  
Supervisory Authority ◽  
Reputational Risk ◽  
Quantitative Characteristics

AbstractThe Beneish model is a useful tool for assessing the potentially fraudulent behaviour of an entity that could resort to misstated financial reporting by manipulating earnings. Tarjo ---amp--- Herawati (2015) concluded that “the M-score of the Beneish model was generally able to detect financial fraud”, following a study on 35 listed companies that were confronted with allegations of fraud in the period 2001-2014, by accessing the sanctions database applied to companies of public interest (issuers) published by the Financial Supervisory Authority. Also, Ahmet Ozcan (2018) stated that the Beneish model “brings effective value in the analysis of the quantitative characteristics of falsified financial statements”, a conclusion based on a concentrated research on a sample of 174 firms over the period 2005-2017. However, the construction of this model was not oriented for the financial services industry, therefore the studies referred to above do not include any investment firms. Our research aims to assess the relevance of the use of the Beneish model to entities involved in scandals on fraudulent or suspected distorted financial reporting operations (Romcab, 2017 and Harinvest, 2013) in order to Test the Beneish model’s validation capability. On the basis of the conclusions obtained, it can be accepted that the applicability of the model is validated for the entities examined.

Business Ethics, Stakeholder Theory, and the Ethics of Healthcare Organizations

2000 ◽  
Vol 9 (2) ◽  
pp. 169-181 ◽  
Author(s):  
PATRICIA H. WERHANE
Keyword(s):  
Business Ethics ◽  
Patient Care ◽  
Stakeholder Theory ◽  
Financial Support ◽  
Professional Ethics ◽  
Clinical Care ◽  
Codes Of Ethics ◽  
Healthcare Organizations ◽  
Professional Codes ◽  
Professional Codes Of Ethics

Until recently (before managed care), business issues in healthcare organizations (HCOs) were relatively insulated from clinical issues, for several reasons. The hospital at earlier stages of its development operated on a combination of charitable and equitable premises, allowing for providing care to be separated from financial support. Physicians, who were primarily responsible for clinical care, constituted an independent power nexus within the hospital and were governed by their own professional codes of ethics. In exchange for a great deal of control over their conditions of practice, they took almost complete responsibility for patient care. Thus clinical and professional ethics could to some extent be compartmentalized from the business issues—a much easier feat when, as in much of the last few decades, virtually all care was reimbursed from some source or other. In addition, many HCOs were not categorized or treated as businesses, although of course they were presumed to be governed by the same expectation for good management as any other organization.

scholarly journals Stoichiometric controls of mercury dilution by growth

2007 ◽  
Vol 104 (18) ◽  
pp. 7477-7482 ◽  
Author(s):  
Roxanne Karimi ◽  
Celia Y. Chen ◽  
Paul C. Pickhardt ◽  
Nicholas S. Fisher ◽  
Carol L. Folt
Keyword(s):  
Steady State ◽  
Rapid Growth ◽  
Daphnia Pulex ◽  
Somatic Growth ◽  
Aquatic Organisms ◽  
High Quality ◽  
Nutrient Quality ◽  
Ingestion Rates ◽  
Biokinetic Model ◽  
Ankistrodesmus Falcatus

Rapid growth could significantly reduce methylmercury (MeHg) concentrations in aquatic organisms by causing a greater than proportional gain in biomass relative to MeHg (somatic growth dilution). We hypothesized that rapid growth from the consumption of high-quality algae, defined by algal nutrient stoichiometry, reduces MeHg concentrations in zooplankton, a major source of MeHg for lake fish. Using a MeHg radiotracer, we measured changes in MeHg concentrations, growth and ingestion rates in juvenile Daphnia pulex fed either high (C:P = 139) or low-quality (C:P = 1317) algae (Ankistrodesmus falcatus) for 5 d. We estimated Daphnia steady-state MeHg concentrations, using a biokinetic model parameterized with experimental rates. Daphnia MeHg assimilation efficiencies (≈95%) and release rates (0.04 d−1) were unaffected by algal nutrient quality. However, Daphnia growth rate was 3.5 times greater when fed high-quality algae, resulting in pronounced somatic growth dilution. Steady-state MeHg concentrations in Daphnia that consumed high-quality algae were one-third those of Daphnia that consumed low-quality algae due to higher growth and slightly lower ingestion rates. Our findings show that rapid growth from high-quality food consumption can significantly reduce the accumulation and trophic transfer of MeHg in freshwater food webs.

Rapid growth of high quality perovskite crystal by solvent mixing

CrystEngComm ◽  
2016 ◽  
Vol 18 (7) ◽  
pp. 1184-1189 ◽  
Author(s):  
Yangyang Zhou ◽  
Tiankai Zhang ◽  
Chunmei Li ◽  
Zhimin Liang ◽  
Li Gong ◽  
...  
Keyword(s):  
Formation Mechanism ◽  
Rapid Growth ◽  
Mixed Solvents ◽  
High Quality ◽  
Perovskite Crystal

The formation mechanism of perovskite crystal in different mixed solvents.

scholarly journals Positive Emotions in Volunteerism

2005 ◽  
Vol 8 (1) ◽  
pp. 30-35 ◽  
Author(s):  
María Luisa Vecina Jiménez ◽  
Fernando Chacón Fuertes
Keyword(s):  
Rapid Growth ◽  
Positive Emotions ◽  
Theoretical Knowledge ◽  
Social Phenomenon ◽  
Organizational Settings ◽  
Volunteer Service ◽  
Volunteer Organizations ◽  
Psychosocial Model ◽  
One Year

Volunteerism is a well consolidated social phenomenon in our society. However, its rapid growth in the last few years has complicated the integration of theoretical knowledge and its application in organizational settings. Taking into account that nowadays, one of the chief problems of volunteer organizations is sustained volunteer service, the object of this work is to verify, within the context of the psychosocial model of sustained volunteerism (Vecina, 2001), the type of relation between the experience of positive emotions in volunteers and their intention of remaining in the organization. This work was carried out on a sample of volunteers who had been in service for less than one year prior to this study.

scholarly journals ERSEPSI AKUNTAN PRIA DAN AKUNTAN WANITA SERTA MAHASISWA DAN MAHASISWI AKUNTANSI TERHADAP ETIKA BISNIS DAN ETIKA PROFESI AKUNTAN

2007 ◽  
Vol 3 (3) ◽  
pp. 237
Author(s):  
Murtanto . ◽  
Marini .
Keyword(s):  
Data Collection ◽  
Business Ethics ◽  
Professional Ethics ◽  
Accounting Students ◽  
Men And Women ◽  
Test Of Hypothesis ◽  
And Gender

<p class="Style15">This research has two objectives. Firstly, observing the effect of gender differ-ence on perception of accountants and accounting students on business ethics and accountant's professional ethics. Secondly, observing which perception is better be-tween men and women both accountants and accounting students on business ethics and accountant's professional ethics. The sample are 192 respondents that consist of accountants and accounting students, in which the data collection used questionnaire.</p><p class="Style15">The test of hypothesis used Mann-Whitney U test and Mean. The result of the research shows there is not significantly differences between perception of men and women both accountants and accounting students on accountant's professional eth-ics, which is men accountants and accounting students had better perception about accountant's professional ethics. On business ethics there is differences perception between men and women accounting students, on the contrary between accountants both men and women has same perception about business ethics, but women ac-countants and accounting students had better perception about business ethics.</p><p class="Style1"><strong><em>Keywords: Business ethics, accountant's professional ethics, perception, accoun-</em></strong><strong><em>tants, students, and gender</em></strong></p>

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