Evidence from Rainfall and Trade

arfankj4

WORKING PAPERS Corporate and Integrated Reporting A Functional Perspective By Eccles Robert and George Serafeim ABSTRACT—In this paper we present the two primary functions of corporate reporting information and transformation and why currently isolated financial and sustainability reporting are not likely to perform those functions effectively. We describe the concept of integrated reporting and why integrated reporting could be a superior mechanism to perform these functions.

Moreover we discuss through a series of case studies what constitutes an effective integrated report Coca Cola Hellenic Bottling Company and the role of regulation in integrated reporting Anglo American . Download working paper  papers.ssrn sol papers.cfm abstract id Pay Harmony Peer Comparison and Executive Compensation By Gartenberg Claudine and Julie Wulf Chinese Overseas America Number Data ABSTRACT—This study suggests that peer comparison affects both wage setting and productivity within firms. We report three changes in division manager compensation following a controversy over executive pay. We argue that this controversy increased wage comparisons within firms particularly those with geographically dispersed managers managers with the greatest information frictions. Following the controversy pay in dispersed firms co moves more and is less sensitive to individual performance. Relatedly pay disparity between managers located in different states decreases relative to that of co located managers.





Finally division productivity falls in dispersed firms particularly among managers at the low end of the wage distribution. Download working paper  ssrn abstract Poverty and Crime  Shocks in India By Iyer Lakshmi and Petia Topalova ABSTRACT—Does poverty lead to crime We shed light on this question using two independent and exogenous shocks to household income in rural India the dramatic reduction in import tariffs in the early s and rainfall variations. We find that trade shocks previously shown to raise relative poverty also increased the incidence of violent crimes and property crimes. The relationship between trade shocks and crime is similar to the observed relationship between rainfall shocks and crime.