We provide evidence on the effect of the presentation format and information content of Internet financial reporting on the market value of American Depository Receipts and on country-specific variables that drive Int...We provide evidence on the effect of the presentation format and information content of Internet financial reporting on the market value of American Depository Receipts and on country-specific variables that drive Internet financial reporting. A two-stage Heckman approach was used to determine if Internet financial reporting adds incremental value to firms beyond the decision to cross-list in the United States. The results indicate that investors more highly value firms that provide information in multiple formats. We also find that country-specific variables affect the information content, but not the presentation format of disclosures on corporate websites. The results uncover a disconnection between what the market values （presentation format） and what the firms believe the market values （information content）. This implies that firms are not entirely aware of investors＇ information wants and that they are not utilizing their resources in the manner that will have the most impact on their market value.展开更多
Background: Failure to demonstrate the presence of malaria parasites prior to treatment with anti-malarial drugs remains a challenge in Uganda, often resulting into over-prescription of anti-malarial drugs to febrile ...Background: Failure to demonstrate the presence of malaria parasites prior to treatment with anti-malarial drugs remains a challenge in Uganda, often resulting into over-prescription of anti-malarial drugs to febrile patients suspected of malaria. The aim of this study was to describe the role of utilization of malaria diagnostic tests and associated factors in the receipt of anti-malarial drugs among febrile patients suspected of malaria. Methods: In a cross-sectional study design, client-exit interviews with febrile patients and key-informant interviews with purposively selected health workers were conducted at outpatient clinics of health centre IV facilities in Mukono district. Data entry and analysis were done using EpiData 3.2 and STATA 10 respectively. Data were described using frequency distributions and proportions. Chi square was used in two by two tables, odds ratios as the measure of association and an alpha level of 0.05 was used in all significance tests. Results: Out of 408 respondents, the majority were female (252, 61.8%) and a third of the samples were aged five years and below. The mean age in years was 3.3 with a standard deviation of 2.1. More than half of the respondents (359, 88%) utilized malaria diagnostic tests and about half (241, 59%) received anti-malarial drugs. There were no statistically significant differences between utilizers and non-utilizers in most characteristics except age, history of indoor residual spraying and perceived satisfaction with services at outpatient clinics. Utilizers were 75% less likely to receive anti-malarial drugs than non-utilizers after controlling for age, sex and residence (OR: 0.25, 95%CI: 0.09, 0.66). Frequent power cut-offs as well as limited knowledge on malaria treatment guidelines amongst laboratory personnel were some of the major limitations to microscopic diagnosis of malaria. Conclusion: Utilizers were 75% less likely to receive anti-malarial drugs as opposed to non-utilizers. This implies that increasing utilization of malaria diagnostic tests can reduce the problem of over-prescription of anti-malarial drugs by 75% among those tested for malaria, since anti-malarial drugs would be received by only those with a parasi- tologically-confirmed diagnosis of malaria. Policy implications: To overcome the problem of over-prescription of anti-malarial drugs, there must be a policy that ensures a consistent power supply in all public health laboratories. Training of health workers should encompass all cadres and work-shifts for laboratory personnel should be established to enhance utilization of malaria diagnostic tests especially at night.展开更多
New rural construction needs a strong financial support. However,agriculture is a high-risk industry; one big obstacle restricting Chinese rural economic development is financing difficulty in the agricultural product...New rural construction needs a strong financial support. However,agriculture is a high-risk industry; one big obstacle restricting Chinese rural economic development is financing difficulty in the agricultural products producing and processing enterprises. This paper,on the foundation of analyzing the current situation of Chinese agricultural products market,with the theory of modern logistics finance,puts forward the approach of establishing Chinese agricultural products logistics pledge system,and illustrates the function of agricultural products logistics warehouse receipt pledge system in the new rural construction.展开更多
Ghana has been a collectivistic society. However, due to social change, this value is fast being replaced by individualistic tendencies with implications for age-oriented care provision and receipt. This paper investi...Ghana has been a collectivistic society. However, due to social change, this value is fast being replaced by individualistic tendencies with implications for age-oriented care provision and receipt. This paper investigates the participation in the socially productive strategy of using ageing-oriented volunteerism to leverage the receipt of care in later life utilizing a quantitative dataset. The results show that volunteering may be undertaken with old age in sight. This needs to take place under circumstances of good communication skills among others. The accumulated time needs to be recorded in a time bank and redeemed with a time bank card in later life. Two-dimensional leveraging points pertain in this context: first, leveraging volunteerism for short or long-term care in the nearest future;second, technological innovation’s facilitation of the same. Volunteerism in this context has the attribute of low levels of depression, with implications for quality of life. These are discussed in the light of the social care pillar of ageing social policy. The paper argues that adopting volunteerism with reciprocation as the ultimate goal constitutes a kickback model for care receipt in later life. It served as a choice of care in later life which is a shock absorber to inadequate formal support infrastructure and individualistic social tendencies in Ghana. It is reminiscent of resistance to the shrinkage of older persons’ social integration in their social world.展开更多
文摘We provide evidence on the effect of the presentation format and information content of Internet financial reporting on the market value of American Depository Receipts and on country-specific variables that drive Internet financial reporting. A two-stage Heckman approach was used to determine if Internet financial reporting adds incremental value to firms beyond the decision to cross-list in the United States. The results indicate that investors more highly value firms that provide information in multiple formats. We also find that country-specific variables affect the information content, but not the presentation format of disclosures on corporate websites. The results uncover a disconnection between what the market values （presentation format） and what the firms believe the market values （information content）. This implies that firms are not entirely aware of investors＇ information wants and that they are not utilizing their resources in the manner that will have the most impact on their market value.
文摘Background: Failure to demonstrate the presence of malaria parasites prior to treatment with anti-malarial drugs remains a challenge in Uganda, often resulting into over-prescription of anti-malarial drugs to febrile patients suspected of malaria. The aim of this study was to describe the role of utilization of malaria diagnostic tests and associated factors in the receipt of anti-malarial drugs among febrile patients suspected of malaria. Methods: In a cross-sectional study design, client-exit interviews with febrile patients and key-informant interviews with purposively selected health workers were conducted at outpatient clinics of health centre IV facilities in Mukono district. Data entry and analysis were done using EpiData 3.2 and STATA 10 respectively. Data were described using frequency distributions and proportions. Chi square was used in two by two tables, odds ratios as the measure of association and an alpha level of 0.05 was used in all significance tests. Results: Out of 408 respondents, the majority were female (252, 61.8%) and a third of the samples were aged five years and below. The mean age in years was 3.3 with a standard deviation of 2.1. More than half of the respondents (359, 88%) utilized malaria diagnostic tests and about half (241, 59%) received anti-malarial drugs. There were no statistically significant differences between utilizers and non-utilizers in most characteristics except age, history of indoor residual spraying and perceived satisfaction with services at outpatient clinics. Utilizers were 75% less likely to receive anti-malarial drugs than non-utilizers after controlling for age, sex and residence (OR: 0.25, 95%CI: 0.09, 0.66). Frequent power cut-offs as well as limited knowledge on malaria treatment guidelines amongst laboratory personnel were some of the major limitations to microscopic diagnosis of malaria. Conclusion: Utilizers were 75% less likely to receive anti-malarial drugs as opposed to non-utilizers. This implies that increasing utilization of malaria diagnostic tests can reduce the problem of over-prescription of anti-malarial drugs by 75% among those tested for malaria, since anti-malarial drugs would be received by only those with a parasi- tologically-confirmed diagnosis of malaria. Policy implications: To overcome the problem of over-prescription of anti-malarial drugs, there must be a policy that ensures a consistent power supply in all public health laboratories. Training of health workers should encompass all cadres and work-shifts for laboratory personnel should be established to enhance utilization of malaria diagnostic tests especially at night.
文摘New rural construction needs a strong financial support. However,agriculture is a high-risk industry; one big obstacle restricting Chinese rural economic development is financing difficulty in the agricultural products producing and processing enterprises. This paper,on the foundation of analyzing the current situation of Chinese agricultural products market,with the theory of modern logistics finance,puts forward the approach of establishing Chinese agricultural products logistics pledge system,and illustrates the function of agricultural products logistics warehouse receipt pledge system in the new rural construction.
文摘Ghana has been a collectivistic society. However, due to social change, this value is fast being replaced by individualistic tendencies with implications for age-oriented care provision and receipt. This paper investigates the participation in the socially productive strategy of using ageing-oriented volunteerism to leverage the receipt of care in later life utilizing a quantitative dataset. The results show that volunteering may be undertaken with old age in sight. This needs to take place under circumstances of good communication skills among others. The accumulated time needs to be recorded in a time bank and redeemed with a time bank card in later life. Two-dimensional leveraging points pertain in this context: first, leveraging volunteerism for short or long-term care in the nearest future;second, technological innovation’s facilitation of the same. Volunteerism in this context has the attribute of low levels of depression, with implications for quality of life. These are discussed in the light of the social care pillar of ageing social policy. The paper argues that adopting volunteerism with reciprocation as the ultimate goal constitutes a kickback model for care receipt in later life. It served as a choice of care in later life which is a shock absorber to inadequate formal support infrastructure and individualistic social tendencies in Ghana. It is reminiscent of resistance to the shrinkage of older persons’ social integration in their social world.
