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Sometimes an issue can remain dormant for a long period of time before receiving governmental and legislative attention. Debate on corporate governance has coincided with a number of measures impacting on the charitable sector which, taken together, have the effect of bringing about improvements in the overall corporate governance climate for the charity, and re‐inforcing the centrality of the charity as an important instrument of social policy. The aim of this article is to explore this battery of measures, their historical context, and the varying fortunes of the charitable sector in its social policy role.

LIBRARY Association elections occur shortly and this impels us to repeat the somewhat musty axiom that men, and women now, get the government they deserve. Such axioms, however, apply perhaps more to political and other public elections in a democracy than to those of professional bodies, or semi‐professional ones like our own. Libraries should have their policies framed and pursued by the best minds available to them. It may be that these come to us through the Branches and Sections for, clearly, the candidates who leap to the mind as having national status, and compel our votes, must be a limited number. Our voting is not much assisted in many cases by the bare list of candidates' names and those of their nominators—even when the latter are known names—which are issued officially but it is not clear how this can be bettered. The A.A.L. usually issues a sort of Who's Who of its candidates and other sections might well do the same. There is still a danger that one type of librarianship may dominate the L.A. merely because it attracts a large number of the votes of junior members. It is not so great as it was; the University and Research Section, for example, commands about one thousand votes we are told, enough, if cast for their chosen candidates, to make their election probable. The Section, we note, invites its members to consider individually whether he or she could be a candidate and adds, “It is not compulsory to cast all the votes available … members who do not know enough candidates may still make effective use of their votes by supporting the candidates they do know.” In any case what is rather depressing in past experience is that not more than 12% of voters use their votes for any candidate; no elected candidate for some years past has represented the L.A. at large. We hope librarians will alter this state of affairs.

Dr Robert Oxtoby writes: Speaking at a one‐day Conference organized jointly by the Midlands Group of the Society for Research into Higher Education and the South Birmingham Technical College and held at the College in July, Dr Michael Bassey (Nottingham Regional College of Technology) described lecturing as the equivalent of throwing mud at a wall: some never reaches it, some sticks and some sticks but later drops off. Dr Bassey was talking about effective study methods or, in other words, how to ensure that as much mud as possible sticks.

The purpose of this paper is to examine the impact of earnings management on financial performance. In addition, the authors investigate whether corporate social responsibility has a moderating effect on the impact of earnings management on financial performance.

The empirical study is based on a sample of French companies listed on the CAC-All-Tradable index over the period 2008–2018. Feasible generalized least square regression method is used to estimate the econometric models.

Based on panel data of 3,003 French firm-year observations, the authors demonstrate that earnings management has a negative and significant impact on financial performance. Indeed, corporate social responsibility moderates positively the negative impact of earnings management on financial performance in the French context.

The findings have several implications for regulatory, investors and academic researchers. For regulators, it is appropriate to promote more several standards related to corporate social responsibility and earnings management. For investors, considering societal issues is very important in making decisions. For academic researchers, the results show that it is important to discover how corporate social responsibility can influence the relation between earnings management and financial performance.

The existing literature has generally focused on the impact of earnings management on financial performance and the empirical tests did not yield similar results. The study shows that corporate social responsibility has a moderating role in determining the impact of earnings management on financial performance.