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But in 2003, C. C. Wang suddenly shifted course again, reinstalling his son as his financial alter ego and ousting his daughter.
Frankfurt-based Dresdner has been close to a merger before, only to leave its putative partners at the financial alter.
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Almost immediately, too, his financial situation altered for the better.
EM occurs when managers use judgment in financial reporting and in structuring transactions to alter financial reports, either to mislead stakeholders about the underlying economic performance of the firm or to influence contractual outcomes that depend on reported accounting numbers (Healy and Wahlen 1999).
EM is seen as the opposite of earnings quality and can be defined as the extent to which managers exercise their discretion over accounting numbers, thereby deliberately aiming to alter financial reports to mislead stakeholders about the firm's underlying financial performance or to influence contractual outcomes (Watts and Zimmerman 1978; Healy and Wahlen 1999).
ACADEMICS who study body image and body modification said it is too soon to know how financial constraints might alter attitudes toward beauty maintenance.
Prosecutors had told US magistrate judge Frank Maas in Manhattan that Fairey had "both an ideological and financial motive" to alter evidence in his favor after basing his poster on one of the AP's photographs.
Allardyce's financial clout may alter radically if Ashley completes a takeover but it will be no surprise if his first signing is a free transfer, with Bolton's defender Tal Ben Haim and Middlesbrough striker Mark Viduka high on his list.
At a hearing of the House Financial Services Committee on Wednesday, legislators concerned about the rising tide of foreclosures encouraged the financial industry to alter the terms of more mortgages to allow people to stay in their homes.
There are some reasons to believe this, but it is also likely that the recent financial crash will alter any generational distribution of money, since the boomers are retiring just as the value of their pension assets has been sharply knocked down.
The financial impact could alter quarterly earnings.
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