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The purpose of this paper is to verify whether the disclosure of other comprehensive income has effectively improved the transparency of corporate disclosure and thus effectively reduced earnings management.

In total, 391 valid samples are selected from more than 860 listed companies of Shanghai A shares in 2009, excluding finance and insurance categories, those with incomplete data and samples whose other comprehensive income is zero.

The results show that other comprehensive income has played an important role in all comprehensive income and significantly affected earnings management. The disclosure of other comprehensive income is negatively related to earnings management, that is, disclosure of other comprehensive income can curb earnings management to some extent in order to make the public better understand the performance of a given company.

Owing to the short period of time for the issuance of Accounting Standards No. 3, there are fewer comparable data. Besides, only companies from Shanghai A shares during 2009 are surveyed without Shenzhen Share. Finally, there should be a dialectic and mutual relation between earnings management and other comprehensive income.

The paper's findings suggest that it is necessary to carry out the disclosure to improve the transparency of the accounting information, so as to curb earnings management and improve earnings quality to some extent, which provides valuable reference for the government's decision.

Finance [2009] 8 on the issuance of Accounting Standards No. 3 issued by Ministry of Finance Republic of China in June 2009 explained that all listed companies are required to disclose “comprehensive income” and “other comprehensive income” under the item “earnings per share” in the income statement. Based on the 2009 annual report of listed companies, the paper elaborates descriptive statistics related to the composition of other comprehensive income. Empirical research is conducted to verify the effect of the new policy. In a word, the paper selects a big number of samples to conduct the study in order to make more valuable reference.

THE Annual Meeting of the Library Association will have taken place before our nest issue is published, so, with three weeks still ahead, comment upon it here is necessary. As Mr. Berwick Sayers's reminiscent article on another page shows, it is the third conference to be held at Brighton and judging from the success the first two achieved the third should be as good. Brighton has a particularly tonic effect on its visitors which is often reflected in the debates. The subjects to be dealt with concern the aftermath in the main and are in good hands. A novelty is a paper on the first day. It is to be by Mr. T. E. Callender on the uses in libraries of punched cards; we mention this as mechanization will come in librarianship as in accountancy. All the details of the other papers have not reached us yet, which is a pity as members should always know early exactly why they confer and about what. There are, however, the difficulties of getting the papers from their writers, and the speed of publishing—need we say it?—is not what it was. There are also difficulties which exclude more excursions. Not all desire them, however, and Brighton affords as many means of diversion as members are likely to find time to enjoy.

Within individual countries, the paths towards increasing educational attainment are not always linear and individuals are not equally affected. Differences between boys’ and girls’ educational attainments are a common expression of this inequality as boys are more often favored for continued schooling. We examine the importance of birth cohort, sibship size, migration, and school accessibility for explaining both the gender gap and its narrowing in secondary schooling in one district in Northeast Thailand between 1984 and 1994. Birth cohort is a significant explanation for the narrowing of the gender gap. Migration, sibship size, and remote village location are important explanations for limited secondary education opportunities, especially for girls.

People's conciliation is a grass‐roots effort for conflict management in China. It settles civil disputes without characterizing them as conflicts between blameworthy adversaries. It does not take legal effect. But with support from the people's court and government, it is generally honored as an institution to maintain and promote mutual confidence and reciprocal relations among rural villagers, urban residents, and work unit employees. This paper attempts to provide a comprehensive description and analysis of people's conciliation. The origin, development, and organization are approached in relation to conciliation in Chinese history as well as other forms of intervention such as self‐conducted, lawyer‐assisted, administrative, and judicial conciliation. Case variety, principle, prohibition, strategy, procedure, and conciliator training are examined Illustrative cases are provided. Ideological and institutional aspects are analyzed in light of Maoism, political economy, culture and community, and public attitude in China.

This paper seeks to investigate the roles of small and large projects in the development and evolution of a commercial company and why companies with a history of taking on large projects tend to eventually fail with large projects.

In terms of small and large projects, analytic models are established to: describe investors' behaviors; depict the dynamics between CEOs and their boards of directors; and reveal how profit ceilings exist for large projects.

After making the concepts of small and large projects precise, the paper establishes several analytic models for the investigation of the behaviors of various market participants. Then, it develops an explanation for why some decision makers like to take on large projects and why most new startups fail because of a lack of funds. A theory is given to show how investors value small projects more than large projects and why the current trend of moving manufacturing operations from industrialized nations to third world countries does not seem reversible in the foreseeable future, as long as international transportation costs stay low and the global economic system stays open and competitive. Among other results, it is also shown that: the higher the level the CEO's initial ability is, the more likely he would initiate and manage small projects, and the more labor effort he will devote to these projects; the CEO's additional effort spent on the small projects helps him gain non‐pecuniary benefits, which he can use to gain additional bargaining power over the board; to realistically maximize his private utility, the CEO would spend more of his time and effort on small projects; each large project has a glass ceiling for its maximum level of profits; companies taking on large projects cannot afford to devote much of their scarce resources to expand their market share and appearance; and to increase their profit potential, these companies have to control their spending so that their profit can be maximized by lowering their unit selling price p_s; for small projects, the profit potential for the company is unlimited.

This work is the first to employ models of human behaviors to research the interactions and dynamics between projects of different scales. It provides a theoretically reliable distinction between small and large projects.

This article investigates the impact mechanism of scarcity promotions in live streaming e-commerce on consumer purchase intention in the context of urban-rural and male-female divides in China, with emotional experience as the mediating variable.

A total of 687 online questionnaires are collected, and the model is empirically analyzed by partial least squares structural equation model.

Scarcity promotions in live streaming e-commerce positively influence purchase intention, with emotional experience mediating the impact. Furthermore, the influence of scarcity promotions in live streaming e-commerce on the emotional experience of urban residents is greater than that of rural residents. The effect of scarcity promotions on the purchase intention of urban residents is lower than that of rural residents. Scarcity promotions in live streaming e-commerce have a greater impact on the emotional experience of female consumers compared to male consumers. The influence of scarcity promotions on the purchase intention of female consumers is lower than that of male consumers.

This article extends the scarcity promotion theory to the context of live streaming e-commerce. Furthermore, it is the first to explore the mediating role of emotional experience in this process. Lastly, it is the first to investigate the moderating effects of urban-rural and male-female factors in this process.

In a recent issue of the Municipal Journal there appeared a short but apparently inspired article on the subject of London Government, in which is foreshadowed another drastic and apparently imminent alteration of the system of local administration at present in operation in the Metropolis.

This article outlines contingent claims created as a result of the arrangements underlying the transfer of state‐owned commercial banks’ non‐performing loans to asset management companies. An understanding of these factors is central in analysing the potential for China’s as set management companies to realise value from their acquisition of these nonperforming state‐owned enterprise loans. After establishing the scale of the non‐performing loan problem, the article identifies and describes a number of real and financial options that may assist in the consideration of the value of assets associated with the transfer of non‐performing loans from the state‐owned commercial banks to the asset management companies. Real and financial options appear in the form of implied guarantees over asset management corporation debt, implied guarantees associated with the non‐performing assets remaining with the stateowned commercial banks, and within the equity positions held by the asset management companies as a result of equity‐for‐debt swaps initiated under the current reform process. The article concludes that any gains made to the credit standing of the state‐owned commercial banks reflect the value of implied guarantees over both the asset management corporation debt and the remaining stock of non‐performing loans held by the banks. Furthermore, institutional arrangements associated with the equity positions held by the asset management corporations significantly reduce the value of options associated with operation and control of firms in which the equity positions are held. Additionally, the structure of equity positions taken under the equity‐debt swaps suggest that the value of equity positions held in state‐owned enterprises by the asset management companies will be considerably lower than hoped for and implied in the asset management companies’ mandates.

There is a paucity of research on Asian American women's progress in higher education as faculty. This chapter contextualizes Asian American women as “Other” faculty who because of their race, gender, and presumed “foreigner” background are not seen as normal faculty. In disrupting traditional student–faculty relations where White males are considered normal and hold positions of power, Asian American women as women faculty of color are subject to being contested in the classroom. I examine here their classroom experiences with attention to student resistance and faculty agency through critical feminist, race, and intersectionality frameworks.

The study is based on a secondary data analysis of qualitative studies on Asian American women's classroom experiences in predominantly White institutions. It finds that students of all racial/ethnic and gender backgrounds may resist their faculty role, oftentimes through uncivil behaviors. Students hold racial, gender, and ethnocentric stereotypes and biases of their teaching capabilities and course offerings. Teaching race–gender–class–nation courses can contribute to lower or mixed course evaluations. In claiming their rightful place, Asian American women faculty seek to make a difference through student-centered learning, innovative pedagogy, and new curricula that prepare students for a diverse and global society. They demonstrate their authenticity, authority, and agency in the ways they navigate challenging classroom situations and serve as role models for all students and faculty.