This research aims to determine the effect of related party transactions tunneling on manufacturing industry accounting performance and market performance. We believe that higher through carried out by company, lower company's Related are measured with account receivable, other receivable assets than receivables receivables.This sample is 175 companies listed Indonesia Stock Exchange (IDX) duri...

E. P. Thompson expressed succinctly the prevailing orthodoxy about the origins of the Independent Labour Party when he wrote, in his homage to Tom Maguire, that "the ILP grew from bottom up". From what little evidence has been available, it has been argued that the ILP was essentially a provincial party, which was created from the fusion of local political groups concentrated mainly on an axis ...

Bank loans can convey information about the borrowing firms that have proper corporate governance systems. Using a sample of bank loan announcements in China, we find market reaction is positive after split share structure reform 2005, which aligns interests large shareholders and minority shareholders, government public investors, alleviates their tunneling incentives. We also this effect more...

We show how the Bitcoin currency system (with a small modification) can be used to obtain fairness in any two-party secure computation protocol in the following sense: if one party aborts the protocol after learning the output then the other party gets a financial compensation (in bitcoins). One possible application of such protocols is the fair contract signing: each party is forced to complet...

We set the basis for a theory of testing for distributed transactions in service oriented systems where each service definition is decorated with a transactional attribute (inspired by the Java Transaction API). Transaction attributes discipline how services are executed with respect to the transactional scope of the invoking party. We define a language of observers and show that, in general, t...

We propose a novel, declarative approach to implementing reliable multi-party protocols that enables efficient and scalable implementations. Our Properties Framework (PF) is able to express semantics as simple as gossip or resource cleanup, or as complex as transactions, consensus, and virtual synchrony. Protocols written in the PF compile to a hierarchical, scalable runtime infrastructure. Eva...

R epo contracts are a kind of collateralized loan that has become predominant in the United States among large cash investors. There are several types of repo contracts, such as bilateral delivery-versuspayment repos, interdealer repos, and tri-party repos. A significant portion of repo transactions in the United States take the form of tri-party repos, where a third party (a clearing bank) pro...