PricewaterhouseCoopers

About: PricewaterhouseCoopers is a company organization based out in Toronto, Ontario, Canada. It is known for research contribution in the topics: Corporate governance & Audit. The organization has 1245 authors who have published 1353 publications receiving 30301 citations. The organization is also known as: PwC & PwC network.

An International Comparison

Abstract: This chapter reviews the empirical results of this study. Section 6.2 presents an international comparison of long-term supply relationships between the United States, Japan and Europe. The empirical evidence indicates that there are strong similarities between the three regions. We do find differences but these differences seem small, particularly relative to the expectations one may have on the basis of received view on systemic differences between “Japanese” and “Western” contracting. Thus, if indeed there were large differences between the Triad’s regions, there now appears to be considerable convergence towards a common underlying logic’ of long-term supply relationships. However, the underlying causal structures have not completely converged into one overall system, and section 6.3 discusses this. Despite all similarities, our results also show remaining differences between the regions. Each of the differences by itself do not explain much; however, when connecting the differences they provide new insights. Section 6.3 concludes that in the US perhaps a “Third Way” has been found. Section 6.4 presents an interpretation of the results. Our empirical results confirm the interactive nature of firm- and relation-specific characteristics. As we conclude, the interactions hint at a dynamic process and we identify various causal loops. These causal loops may lie at the heart of the working of long-term supply relationships. Section 6.5 presents a final review of this study. Among others, it provides several arguments beyond this study that may explain the strong similarities between the Triad’s regions.

Selecting Cryptographic Key Sizes

Abstract: In this article we offer guidelines for the determination of key sizes for symmetric cryptosystems, RSA, and discrete logarithm-based cryptosystems both over finite fields and over groups of elliptic curves over prime fields. Our recommendations are based on a set of explicitly formulated parameter settings, combined with existing data points about the cryptosystems.

Effects of Comprehensive-Income Characteristics on Nonprofessional Investors' Judgments: The Role of Financial-Statement Format

Abstract: Statement of Financial Accounting Standards No. 130 requires companies to report comprehensive income in a primary financial statement, but allows its presentation in either a statement of comprehensive income or a statement of stockholders' equity. In an experiment, we examine whether and how alternative presentation formats affect nonprofessional investors' processing of comprehensive-income information, specifically, information disclosing the volatility of unrealized gains on available-for-sale securities. The results show that investors' judgments of corporate and management performance reflect the volatility of comprehensive income only when it is presented in a statement of comprehensive income. We provide evidence consistent with our psychology-based framework that these findings occur because format affects how nonprofessional investors weight comprehensive-income information and not whether they acquire this information or how they evaluate it. Key Words: Comprehensive income; Nonprofessional investors; Presentation format; Volatility

Selecting Cryptographic Key Sizes.

Abstract: In this article we offer guidelines for the determination of key sizes for symmetric cryptosystems, RSA, and discrete logarithm-based cryptosystems both over finite fields and over groups of elliptic curves over prime fields. Our recommendations are based on a set of explicitly formulated parameter settings, combined with existing data points about the cryptosystems.