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Category Archives: Financial System

An Analysis of Ethics Articles Published between 2000-2015 in the Journal of Accountancy and the Accounting Review

Thompson, James H. and McCoy, Timothy L., An Analysis of Ethics Articles Published between 2000-2015 in the Journal of Accountancy and the Accounting Review (June 30, 2016). Journal of Accounting, Ethics and Public Policy, Vol. 17, No. 2, 2016. Available for download at SSRN: http://ssrn.com/abstract=2810006 “This paper considers the impact that financial scandals, the end… Continue Reading

GAO Reports – Immigration Benefits System, Military Personnel, Nuclear Security, Defense Nuclear Enterprise, EPA, Flood Insurance, Iran Nuclear Deal

Immigration Benefits System: U.S. Citizenship and Immigration Services Can Improve Program Management, GAO-16-467: Published: Jul 7, 2016. Publicly Released: Jul 15, 2016. Military Personnel: DOD Needs More Complete Data on Active-Duty Servicemembers’ Use of Food Assistance Programs, GAO-16-561: Published: Jul 15, 2016. Publicly Released: Jul 15, 2016. Nuclear Security: NRC Has Enhanced the Controls of… Continue Reading

Social Capital at the Outburst of the Economic Crisis in Greece, 2008-2010

Daskalopoulou, Irene, Social Capital at the Outburst of the Economic Crisis in Greece, 2008-2010 (July 15, 2016). International Journal of Business and Economic Sciences Applied Research, Vol. 9, No. 2, 2016. Available for download at SSRN: http://ssrn.com/abstract=2810036 “Purpose – Social capital and its core components of social trust and associational activity are widely acknowledged as… Continue Reading

Effect of Innovative Activity in Firm Performance and Development: Analysing Data from Eurozone

Makris, Ilias A., The Effect of Innovative Activity in Firm Performance and Development: Analysing Data from Eurozone (July 15, 2016). International Journal of Business and Economic Sciences Applied Research, Vol. 9, No. 2, 2016. Available for download at SSRN: http://ssrn.com/abstract=2810037 “Purpose – The purpose of this paper is to examine the effect of Innovative Activity… Continue Reading

Pew – China and the global balance of power

“In the aftermath of the 2008 global financial crisis, many people began to question the reputation of the United States as the world’s leading economic power. As China’s economy continued to expand and the U.S. economy sputtered, overseas publics – especially in Europe – increasingly named China as the world’s top economic power. However, more… Continue Reading

Smithsonian Magazine – An Oral History of the March on Washington

Summer 1963 – “The potent symbolism of a demonstration at the Lincoln Memorial—timed to coincide with the centenary of the Emancipation Proclamation and following President John F. Kennedy’s announcement in June that he would submit a civil rights bill to Congress—transfixed the nation. The March on Washington for Jobs and Freedom also catapulted 34-year-old Martin… Continue Reading

The Economist – The data of the dark web

The data of the dark web  Jul 14th 2016 by THE DATA TEAM “SINCE the launch of the Silk Road five years ago, dark-web markets have represented a shadowy and much-maligned corner of the internet. And the secretive nature of such sites makes them difficult to study. But last year a researcher using the pseudonym… Continue Reading

Paper – decline in lifetime earnings mobility in the US

Working Paper 2016-05: Michael Carr and Emily Wiemers – Washington Center for Equitable Growth, The decline in lifetime earnings mobility in the U.S.: Evidence from survey-linked administrative data, May 3, 2016 “There is a sizable literature that examines whether intergenerational mobility has declined as inequality has increased. This literature is motivated by a desire to… Continue Reading

Nation’s Top Ten Consumer Complaints

News release, Consumer Federation of America – “Phony IRS agents and other imposter scams topped the list of fastest-growing complaints to state and local consumer protection agencies last year, according to the latest report from the annual survey conducted by Consumer Federation of America (CFA) and the North American Consumer Protection Investigators (NACPI). Thirty-three consumer… Continue Reading

IMF Structural Forces Weigh on Future U.S. Growth

Ali Alichi, IMF Western Hemisphere Department July 12, 2016 “U.S. growth resilient, forecast at 2.2 percent this year, 2.5 percent in 2017 Addressing long-term structural problems key to ensure continued solid growth U.S needs to lower public debt While the U.S. economy is doing well, continued solid growth hinges on addressing long-term issues of falling… Continue Reading

GAO Report – Audit of U.S. Consolidated Financial Statements

Management Report: Improvements Needed in Controls over the Processes Used to Prepare the U.S. Consolidated Financial Statements, GAO-16-621: Published: Jul 13, 2016. Publicly Released: Jul 13, 2016. “During its audit of the fiscal year 2015 consolidated financial statements of the U.S. government (CFS), GAO identified control deficiencies in the Department of the Treasury’s (Treasury) and… Continue Reading

CEO pay remains up 46.5% since 2009 – make 267 times more than typical workers

Economic Policy Institute, By Lawrence Mishel and Jessica Schieder,  July 12, 2016: “What this report finds: In 2015, CEOs in America’s largest firms made an average of $15.5 million in compensation, which is 276 times the annual average pay of the typical worker. While the CEO-to-worker compensation ratio is down from 302-to-1 in 2014, it… Continue Reading