The main question in the current ideological and political education is as followings： backward education concept, inadequate education system, outdated educational content and single teaching methods and so on. Base...The main question in the current ideological and political education is as followings： backward education concept, inadequate education system, outdated educational content and single teaching methods and so on. Based on the requirements for college ideological and political education proposed by ＂Long-term Education Reform and Development Plan＂, the article put forward countermeasures and suggestions to strengthen and improve ideological and political education from updating Ideological and Political Education concept, improving ideological and political education mechanism, and enriching ideological and political education.展开更多
The fundamental relationship between accounting variables and stock returns is a recurring theme in financial research. One of the major purposes of accounting is to help investors provide reliable, comparable and acc...The fundamental relationship between accounting variables and stock returns is a recurring theme in financial research. One of the major purposes of accounting is to help investors provide reliable, comparable and accurate information. If accounting data are informative about fundamental values and changes in values, they should be correlated with stock price changes. This study provides theory and evidence showing how accounting variables explain stock returns and examines the relationship between the stock returns and accounting variables of listed non financial companies in ISE-100 Indice for 2006-2008 period by using panel data methodology. Empirical analysis consists of 192 observations of 64 companies in years 2006-2008 to examine the effects of inventory, accounts receivable, gross margin, operating expense, return on assets, cash flow, leverage, liquidity, price/earnings, return on equity on stock returns. The results of the study confirm that the predicted roles of fundamental factors and stock returns are significantly related to gross margin, cash flow, leverage and equity variables. The model explains about 13.35 % of the variation of annual stock returns with the leverage variable with most of the significant power.展开更多
文摘The main question in the current ideological and political education is as followings： backward education concept, inadequate education system, outdated educational content and single teaching methods and so on. Based on the requirements for college ideological and political education proposed by ＂Long-term Education Reform and Development Plan＂, the article put forward countermeasures and suggestions to strengthen and improve ideological and political education from updating Ideological and Political Education concept, improving ideological and political education mechanism, and enriching ideological and political education.
文摘The fundamental relationship between accounting variables and stock returns is a recurring theme in financial research. One of the major purposes of accounting is to help investors provide reliable, comparable and accurate information. If accounting data are informative about fundamental values and changes in values, they should be correlated with stock price changes. This study provides theory and evidence showing how accounting variables explain stock returns and examines the relationship between the stock returns and accounting variables of listed non financial companies in ISE-100 Indice for 2006-2008 period by using panel data methodology. Empirical analysis consists of 192 observations of 64 companies in years 2006-2008 to examine the effects of inventory, accounts receivable, gross margin, operating expense, return on assets, cash flow, leverage, liquidity, price/earnings, return on equity on stock returns. The results of the study confirm that the predicted roles of fundamental factors and stock returns are significantly related to gross margin, cash flow, leverage and equity variables. The model explains about 13.35 % of the variation of annual stock returns with the leverage variable with most of the significant power.
