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An Analysis Of Japanese Earnings Forecast Revisions With Application To Seasoned Equity Offerings, Gary L. Caton, Justin S. P. Chan, Jeremy C. Goh, Sheng Yung Yang Jun 2011

An Analysis Of Japanese Earnings Forecast Revisions With Application To Seasoned Equity Offerings, Gary L. Caton, Justin S. P. Chan, Jeremy C. Goh, Sheng Yung Yang

Research Collection Lee Kong Chian School Of Business

Using the bootstrap method, we explore the characteristics of revisions in Japanese earnings forecast data. We find that forecast revisions exhibit a downward trend over time as the actual earnings announcement date approaches, and are serially correlated with three significant lags. Using these characteristics we develop a model to estimate abnormal forecast revisions, and illustrate the model's use with a sample of Japanese companies announcing seasoned equity offerings (SEOs). In contrast to results obtained by studies using American data, our findings indicate significant positive upward revisions when Japanese firms announce an SEO.


Preserving Cultural Landscapes And Neomap Project Update For 2011, J. Christopher Gillam Mar 2011

Preserving Cultural Landscapes And Neomap Project Update For 2011, J. Christopher Gillam

Faculty & Staff Publications

No abstract provided.


Changing Media Understandings Of Gender Relations: Japan's Equal Employment Opportunity Law In 1985 And 1997, Kirsti Rawstron Jan 2011

Changing Media Understandings Of Gender Relations: Japan's Equal Employment Opportunity Law In 1985 And 1997, Kirsti Rawstron

Faculty of Arts - Papers (Archive)

This paper examines the portrayal of gender relations and issues in theJapanese media through a case study of discussions in mainstreamnewspapers surrounding the introduction in 1985 of the Equal EmploymentOpportunity Law (EEOL) in Japan. This law was introduced as part of Japan's ratification of the United Nations Convention on the Elimination of AllForms of Discrimination Against Women (CEDAW). The debate surroundingthe changing EEOL is examined through articles from three mainstreamdaily national newspapers, notably the Asahi Shinbun, the Nihon KeizaiShinbun and the Yomiuri Shinbun. The articles reflect and reinforce thechanging cultural understanding of gender relations in Japan over thisperiod. The newspapers …


Evaluating Women’S Labour In 1990s Japan: The Changing Labour Standards Law, Kirsti Rawstron Jan 2011

Evaluating Women’S Labour In 1990s Japan: The Changing Labour Standards Law, Kirsti Rawstron

Faculty of Arts - Papers (Archive)

This article outlines the legislative changes regarding Japanese working women in the 1990s, specifically the changes to the Labour Standards Law. Th is Law was altered in 1997 (effective 1999) by the removal of a number of provisions known as the Women’s ‘Protection’ Provisions (josei hogo kitei). These gender-specifi c provisions restricted Japanese women from working particular jobs and hours, and limited overtime and holiday work. The role of these gender-specifi c provisions is examined through a collection of articles from four of Japan’s mainstream daily, widely-circulated newspapers: the Asahi Shinbun, the Mainichi Shinbun, the Nihon Keizai Shinbun, and the …


Making And Unmaking Of Transnational Environmental Cooperation, Yooil Bae, Dong-Ae Shin, Yong-Wook Lee Jan 2011

Making And Unmaking Of Transnational Environmental Cooperation, Yooil Bae, Dong-Ae Shin, Yong-Wook Lee

Research Collection School of Social Sciences

There has been an ongoing debate about how (or through what mechanisms) global environmental norms have influenced domestic political debates that give rise to green policy choices. In particular, effective international environmental cooperation between transnational and domestic NGOs has been recognized as a key to successful environmental movements. In this regard, the central question guiding research on the politics of environmental norms is, under what condition(s) transnational cooperation among NGOs would be more likely to be sustained so as to achieve its goals. This article proposes that one of the mechanisms missing from the debate is a bottom-up approach through …