Non-profit organizations (NPOs) in Malaysia are not subjected to statutory requirement to follow the accounting standards when preparing their annual reports. This study analyzed the annual reports of 100 NPOs regis...Non-profit organizations (NPOs) in Malaysia are not subjected to statutory requirement to follow the accounting standards when preparing their annual reports. This study analyzed the annual reports of 100 NPOs registered with the Registry of Society (ROS) under the charity and religious categories. The objectives of this study are: (1) to determine the current state of reporting practices by NPOs; and (2) to describe the contents of a set of annual reports and the financial statement presentation of NPOs. This study found that there were variations in reporting practices among the charity and religious categories of NPOs. On average, the results show that NPOs do not focus on the disclosing information required by the ROS, the governing body of NPOs. This indicates that the regulators need to strongly practice enforcement to strengthen the compliance of the annual reports submission. Overall, the findings of this study provide useful information to regulators as a basis for preparing and presenting NPOs' annual report framework in the future.展开更多
Public companies issue periodic annual reports to give information about the past financial and operational results while presenting the future strategies. Companies release non-financial information concerned with co...Public companies issue periodic annual reports to give information about the past financial and operational results while presenting the future strategies. Companies release non-financial information concerned with corporate sustainability issues like market share, customer loyalty, supply chain management, corporate governance, and human resources in annual reports as well as the audited financial reports. Annual reports, one of the important instruments of transparency and disclosure, are widely used by shareholders and stakeholders. Recent laws and regulations in the US, European Union, and Turkey require enhanced disclosures in annual reports. In the first part of this study, a comparative regulatory framework for annual reports will be established under the Sarbanes Oxley Act (SOX), the Securities and Exchange Commission (SEC) filing requirements, the New Turkish Commercial Code, and regulations of Capital Markets Board (CMB) of Turkey. In the second part of this study, annual reports of four sample companies listed in the New York Stock Exchange (NYSE) and Corporate Governance Index of Borsa Istanbul will be discussed in the light of disclosure requirements of Form 20-F. Findings of this study support the hypothesis which states that regulatory environment has a positive impact on the quantity and quality of disclosures. Attention is drawn to the need for global standardization to reduce the reporting variances and the need for independent audit of annual reports to increase the reliability.展开更多
Market construction Overview In 2009, the electric power market expanded continuously. New installed capacity put into production within the coverage of the State Grid Corporation
On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Tec... On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Technical Barriers to Trade.Wang Nini, Director of the Standard, Law and Regulation Center of AQSIQ, gave a detailed explanation of the contents of the report.……展开更多
According to the 2019 annual report of China's Paper Industry by China Paper Association(CPA),in 2019,there were about 2700 paper&board manufacturers in China's Mainland.The total production of paper&b...According to the 2019 annual report of China's Paper Industry by China Paper Association(CPA),in 2019,there were about 2700 paper&board manufacturers in China's Mainland.The total production of paper&board was 107.65 million tons,increased by 3.16%and the total consumption was 107.04 million tons,increased by 2.54%compared with 2018,respectively,paper&board per capita consumption was 75 kg(counted in 1.4 billion people).This report includes a rather elaborate analysis of the China's paper industry and is provided for the readers'reference.展开更多
Ⅰ. ACADEMIC ASSIGNMENTS ACHIEVED 1. Hosted Key State-entrusted Consultancy Projects: (1) Completion of the advisory service which had been set for the national Eighth Five-year Plan entrusted by the national authorit...Ⅰ. ACADEMIC ASSIGNMENTS ACHIEVED 1. Hosted Key State-entrusted Consultancy Projects: (1) Completion of the advisory service which had been set for the national Eighth Five-year Plan entrusted by the national authorities. (2) Achievement of the consultancy work for key programs of basic research also entrusted by展开更多
Ⅰ. A REVIEW OF OUR WORK FROM 1994 TO 1996 1. Entrusted by the CPC central committee and the State Council, our Division completed its counseling assignments to the "Decision on Speeding up China’s S&T Progr...Ⅰ. A REVIEW OF OUR WORK FROM 1994 TO 1996 1. Entrusted by the CPC central committee and the State Council, our Division completed its counseling assignments to the "Decision on Speeding up China’s S&T Progress Jointly Decreed by the Party’s Central Committee and the State Council," "An Outlined Report on the Train of Thought for Devising S&T Development in the National Ninth Five-year Plan & the Long-term Scheme for National S&T Development up to 2010," "The Ninth Five-year Plan and Long-term Scheme for National S&T(?)展开更多
Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in...Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in 19 major cities in China,to promote the policy communication function of the GARs the government should make full use of changes in public policy communication habits and the convergence of public policy preferences in different groups while dealing with routine problems such as “public opinion deficits” and “being popular among the institutional staff but unnoticed the non-institutional staff.”展开更多
This study examines risk reporting in annual reports of Malaysian listed companies. The mandatory and voluntary disclosures of risk information are analyzed and the authors examine whether a relationship exists betwee...This study examines risk reporting in annual reports of Malaysian listed companies. The mandatory and voluntary disclosures of risk information are analyzed and the authors examine whether a relationship exists between company size, leverage, and industry type and risk disclosure levels. 150 listed companies from five industries are selected as sample. Content analysis and risk disclosure index of dichotomous measurement are used in data collection. Overall the results indicate that level of risk information disclosed in the annual reports is still minimal. OLS (Ordinary least squares) regression analysis indicates that the level of risk information disclosure is positively associated with size and not with leverage. However, a mixed result has been found for industry type; where only property industry shows a significant relationship with level of risk disclosure, and not for the other industries. This study contributes to financial reporting literature in relation to risk reporting, particularly the practice of Malaysian companies. Findings from this study are also useful to regulators and accounting standard setting body to assess the level of compliance to regulations and standards relating to risk reporting by these companies. More studies are required to further understand the importance of risk information disclosure, such as risk disclosure within specific industry, cross-country studies and usefulness of risk information disclosure from the stakeholders' perspectives.展开更多
According to statistics,the total production of pulp,paper&board,and paper products was 280.21 million tons in 2021,increased by 9.89%compared with 2020.In which,the production of paper&board was 121.05 millio...According to statistics,the total production of pulp,paper&board,and paper products was 280.21 million tons in 2021,increased by 9.89%compared with 2020.In which,the production of paper&board was 121.05 million tons,increased by 7.50%;the production of pulp was 81.77 million tons,increased by 10.83%;the production of paper products was 77.39 million tons,increased by 12.81%.The industry's operating income was RMB 1.50 trillion,increased by 14.74%;the total profit was RMB 88.5 billion,increased by 6.92%compared with 2020.展开更多
Based on Martin’s theory of appraisal and a self-built corpus of the chairman’s speech in Huawei’s 2020 annual report,this paper explores the expressions and translation strategies of the attitudes in the speech.It...Based on Martin’s theory of appraisal and a self-built corpus of the chairman’s speech in Huawei’s 2020 annual report,this paper explores the expressions and translation strategies of the attitudes in the speech.It is found that Huawei’s corporate image shaped by its annual report speech is characterized by progressive,people-oriented,and customer-oriented characteristics.These characteristics are not only related to the actions of Huawei itself,but also related to the application of translation strategies and methods by translators.Annual report speech is an important part of the company’s self-image publicity.Translators should try to use the same type of words to express explicit attitudes in the speech,so as to improve the social recognition of the annual report speech.展开更多
Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system ...Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,展开更多
At the regular news press held by China Council for the Promotion of International Trade(CCPIT) held on September 22,China Academy of Arbitration Law officially published China International Commercial Arbitration Ann...At the regular news press held by China Council for the Promotion of International Trade(CCPIT) held on September 22,China Academy of Arbitration Law officially published China International Commercial Arbitration Annual Report (2014).This is the first report released展开更多
On April 14,2009,the State Grid Corporation of China (SGCC) held the press conference in Beijing on electricity market transactions and then released the "2008 Annual Report of SGCC on Electricity Market Transact...On April 14,2009,the State Grid Corporation of China (SGCC) held the press conference in Beijing on electricity market transactions and then released the "2008 Annual Report of SGCC on Electricity Market Transactions".展开更多
In this paper,we study the abnormal stock price returns of the top 10 stocks in the Chinese stock market in terms of total market capitalization before and after the release of their annual reports in the past 10 year...In this paper,we study the abnormal stock price returns of the top 10 stocks in the Chinese stock market in terms of total market capitalization before and after the release of their annual reports in the past 10 years,using the event study method implemented by the Event Study package of the Alpha Library under Python,using a market model to estimate normal returns.The results find that and most of the events have insider phenomenon.展开更多
Ⅰ.THE WORK DONE BY THE DIVISION 1. New CAS Members Elected (1)Among the 10CAS members elected in 1993 by this Division, only one was younger than 60 years in age So, the Division’s standing committee repeatedly stre...Ⅰ.THE WORK DONE BY THE DIVISION 1. New CAS Members Elected (1)Among the 10CAS members elected in 1993 by this Division, only one was younger than 60 years in age So, the Division’s standing committee repeatedly stressed that younger candidates to be elected into its membership, specifically demanding that the proportion of candidates at or younger than 60 shouldn’t be less than one-third in the namelists of both valid candidates for the by-election and the candidates for its primaries. The deci-展开更多
Ⅰ. TWO YEARS’ WORK IN RETROSPECT 1. The 1955 By-election of CAS Membership At the annual session of the standing committee of our Division held in July 1995, some problems concerning the by-election were discussed. ...Ⅰ. TWO YEARS’ WORK IN RETROSPECT 1. The 1955 By-election of CAS Membership At the annual session of the standing committee of our Division held in July 1995, some problems concerning the by-election were discussed. At the meeting, a resolution on the "Methods for appraisal and election of candidates of CAS membership for technological sciences" was examined and adopted,in addition to a plenary decision on some other matters. At another plenary session of the展开更多
Ⅰ. BASICS OF THE DIVISION’S INFRASTRUCTURE In line with the stipulations of the Constitution of CAS Membership, we elected 20 new CAS members in 1993 and 1995. So, our Division now has a total of 102 CAS members, di...Ⅰ. BASICS OF THE DIVISION’S INFRASTRUCTURE In line with the stipulations of the Constitution of CAS Membership, we elected 20 new CAS members in 1993 and 1995. So, our Division now has a total of 102 CAS members, distributed in 15 provinces and municipalities and in 13 governmental departments. On average, the membership is 71.28 years old, including 26 older than 80, 58 between 61 and 79 and 15 at or younger than 60 years old. At the Seventh Congress of the CAS Membership held in 1994, there were 17 of our Division members elected to its standing committee. Of展开更多
文摘Non-profit organizations (NPOs) in Malaysia are not subjected to statutory requirement to follow the accounting standards when preparing their annual reports. This study analyzed the annual reports of 100 NPOs registered with the Registry of Society (ROS) under the charity and religious categories. The objectives of this study are: (1) to determine the current state of reporting practices by NPOs; and (2) to describe the contents of a set of annual reports and the financial statement presentation of NPOs. This study found that there were variations in reporting practices among the charity and religious categories of NPOs. On average, the results show that NPOs do not focus on the disclosing information required by the ROS, the governing body of NPOs. This indicates that the regulators need to strongly practice enforcement to strengthen the compliance of the annual reports submission. Overall, the findings of this study provide useful information to regulators as a basis for preparing and presenting NPOs' annual report framework in the future.
文摘Public companies issue periodic annual reports to give information about the past financial and operational results while presenting the future strategies. Companies release non-financial information concerned with corporate sustainability issues like market share, customer loyalty, supply chain management, corporate governance, and human resources in annual reports as well as the audited financial reports. Annual reports, one of the important instruments of transparency and disclosure, are widely used by shareholders and stakeholders. Recent laws and regulations in the US, European Union, and Turkey require enhanced disclosures in annual reports. In the first part of this study, a comparative regulatory framework for annual reports will be established under the Sarbanes Oxley Act (SOX), the Securities and Exchange Commission (SEC) filing requirements, the New Turkish Commercial Code, and regulations of Capital Markets Board (CMB) of Turkey. In the second part of this study, annual reports of four sample companies listed in the New York Stock Exchange (NYSE) and Corporate Governance Index of Borsa Istanbul will be discussed in the light of disclosure requirements of Form 20-F. Findings of this study support the hypothesis which states that regulatory environment has a positive impact on the quantity and quality of disclosures. Attention is drawn to the need for global standardization to reduce the reporting variances and the need for independent audit of annual reports to increase the reliability.
文摘Market construction Overview In 2009, the electric power market expanded continuously. New installed capacity put into production within the coverage of the State Grid Corporation
文摘 On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Technical Barriers to Trade.Wang Nini, Director of the Standard, Law and Regulation Center of AQSIQ, gave a detailed explanation of the contents of the report.……
文摘According to the 2019 annual report of China's Paper Industry by China Paper Association(CPA),in 2019,there were about 2700 paper&board manufacturers in China's Mainland.The total production of paper&board was 107.65 million tons,increased by 3.16%and the total consumption was 107.04 million tons,increased by 2.54%compared with 2018,respectively,paper&board per capita consumption was 75 kg(counted in 1.4 billion people).This report includes a rather elaborate analysis of the China's paper industry and is provided for the readers'reference.
文摘Ⅰ. ACADEMIC ASSIGNMENTS ACHIEVED 1. Hosted Key State-entrusted Consultancy Projects: (1) Completion of the advisory service which had been set for the national Eighth Five-year Plan entrusted by the national authorities. (2) Achievement of the consultancy work for key programs of basic research also entrusted by
文摘Ⅰ. A REVIEW OF OUR WORK FROM 1994 TO 1996 1. Entrusted by the CPC central committee and the State Council, our Division completed its counseling assignments to the "Decision on Speeding up China’s S&T Progress Jointly Decreed by the Party’s Central Committee and the State Council," "An Outlined Report on the Train of Thought for Devising S&T Development in the National Ninth Five-year Plan & the Long-term Scheme for National S&T Development up to 2010," "The Ninth Five-year Plan and Long-term Scheme for National S&T(?)
基金sponsored by “Study on Policy Commitment,Information Disclosure and Signal Transmission Effects of Government Annual Reports”(14BGL116),a project of the National Social Science Fund of Chinaby the “special fund for basic scientific research of Jinan University”(15JNZK002)
文摘Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in 19 major cities in China,to promote the policy communication function of the GARs the government should make full use of changes in public policy communication habits and the convergence of public policy preferences in different groups while dealing with routine problems such as “public opinion deficits” and “being popular among the institutional staff but unnoticed the non-institutional staff.”
文摘This study examines risk reporting in annual reports of Malaysian listed companies. The mandatory and voluntary disclosures of risk information are analyzed and the authors examine whether a relationship exists between company size, leverage, and industry type and risk disclosure levels. 150 listed companies from five industries are selected as sample. Content analysis and risk disclosure index of dichotomous measurement are used in data collection. Overall the results indicate that level of risk information disclosed in the annual reports is still minimal. OLS (Ordinary least squares) regression analysis indicates that the level of risk information disclosure is positively associated with size and not with leverage. However, a mixed result has been found for industry type; where only property industry shows a significant relationship with level of risk disclosure, and not for the other industries. This study contributes to financial reporting literature in relation to risk reporting, particularly the practice of Malaysian companies. Findings from this study are also useful to regulators and accounting standard setting body to assess the level of compliance to regulations and standards relating to risk reporting by these companies. More studies are required to further understand the importance of risk information disclosure, such as risk disclosure within specific industry, cross-country studies and usefulness of risk information disclosure from the stakeholders' perspectives.
文摘According to statistics,the total production of pulp,paper&board,and paper products was 280.21 million tons in 2021,increased by 9.89%compared with 2020.In which,the production of paper&board was 121.05 million tons,increased by 7.50%;the production of pulp was 81.77 million tons,increased by 10.83%;the production of paper products was 77.39 million tons,increased by 12.81%.The industry's operating income was RMB 1.50 trillion,increased by 14.74%;the total profit was RMB 88.5 billion,increased by 6.92%compared with 2020.
文摘Based on Martin’s theory of appraisal and a self-built corpus of the chairman’s speech in Huawei’s 2020 annual report,this paper explores the expressions and translation strategies of the attitudes in the speech.It is found that Huawei’s corporate image shaped by its annual report speech is characterized by progressive,people-oriented,and customer-oriented characteristics.These characteristics are not only related to the actions of Huawei itself,but also related to the application of translation strategies and methods by translators.Annual report speech is an important part of the company’s self-image publicity.Translators should try to use the same type of words to express explicit attitudes in the speech,so as to improve the social recognition of the annual report speech.
文摘Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,
文摘At the regular news press held by China Council for the Promotion of International Trade(CCPIT) held on September 22,China Academy of Arbitration Law officially published China International Commercial Arbitration Annual Report (2014).This is the first report released
文摘On April 14,2009,the State Grid Corporation of China (SGCC) held the press conference in Beijing on electricity market transactions and then released the "2008 Annual Report of SGCC on Electricity Market Transactions".
文摘In this paper,we study the abnormal stock price returns of the top 10 stocks in the Chinese stock market in terms of total market capitalization before and after the release of their annual reports in the past 10 years,using the event study method implemented by the Event Study package of the Alpha Library under Python,using a market model to estimate normal returns.The results find that and most of the events have insider phenomenon.
文摘Ⅰ.THE WORK DONE BY THE DIVISION 1. New CAS Members Elected (1)Among the 10CAS members elected in 1993 by this Division, only one was younger than 60 years in age So, the Division’s standing committee repeatedly stressed that younger candidates to be elected into its membership, specifically demanding that the proportion of candidates at or younger than 60 shouldn’t be less than one-third in the namelists of both valid candidates for the by-election and the candidates for its primaries. The deci-
文摘Ⅰ. TWO YEARS’ WORK IN RETROSPECT 1. The 1955 By-election of CAS Membership At the annual session of the standing committee of our Division held in July 1995, some problems concerning the by-election were discussed. At the meeting, a resolution on the "Methods for appraisal and election of candidates of CAS membership for technological sciences" was examined and adopted,in addition to a plenary decision on some other matters. At another plenary session of the
文摘Ⅰ. BASICS OF THE DIVISION’S INFRASTRUCTURE In line with the stipulations of the Constitution of CAS Membership, we elected 20 new CAS members in 1993 and 1995. So, our Division now has a total of 102 CAS members, distributed in 15 provinces and municipalities and in 13 governmental departments. On average, the membership is 71.28 years old, including 26 older than 80, 58 between 61 and 79 and 15 at or younger than 60 years old. At the Seventh Congress of the CAS Membership held in 1994, there were 17 of our Division members elected to its standing committee. Of