Welcome to SolarPV.TV report from Solarexpo 2012. First we focus on V Conto Energia and industry reactions to the Governmental proposal. We speak with Corrado Clini, Italian Minister of Environment, and the following industry representatives: Valerio Natalizia, President, GIFI - Italian Photovoltaic Companies Group Simone Quarantino, Components Sales Director, Solon SpA Gerardo Montanino, Head of Operations Department, GSE - Energy Service Manager Paolo Viscontini, President and CEO, Enerpoint SpA Afterwards we focus on "distributed generation" and discuss related issues with: Dario Di Santo, Director, FIRE - Italian Federation for Rational use of Energy Marco Pigni, Director, APER - Producers of Electricity from Renewable sources Association The recently introduced legislative changes, are affecting also the inverters segment and we discuss about it with: Claudia Imposimato, Technologies Transmissions and Distribution Department, RSE - Research Energy System Valerio Natalizia, President, GIFI - Italian Photovoltaic Companies Group Alberto Cerretti, Engineer, Enel Distribuzione Roberto Bolzonaro, Head of product testing and certification, TÜV Italia Last but not least, Solarexpo, one of the biggest international solar PV trade fairs give an excellent opportunity to launch and showcase new innovative products and technologies. We finish our reportage presenting some of them and we speak with: Giuseppe Cautiero, Technical Customer Service Engineer, Suntech Power Giuseppe D ...
Abstract: This paper documents the extent of fraudulent reporting in a sample of 148 Chinese SMEs. We compare the financial statements of companies that simultaneously apply for grants from the Chinese Ministry of Science and Technology (MOST) and that file statements with the local Bureau of Industry and Commerce (BIC), which is a municipal authority. MOST grants, for which the submission of audited financial statements is a requirement, are similar to Small Business Innovation Research (SBIR) awards in the US. We document a systematic gap in profitability in the two sets of financial statements. We find: (i) only 25% of the companies in the sample report the same level of profitability across the two sets of books; the remaining 75% of companies misrepresent their profitability, most likely by over-reporting their profits in their MOST grant applications; (ii) there is strong evidence of an insider effect in fraudulent reporting: companies led by individuals with close ties to the government are far more likely to commit fraud, and (iii) it pays to cheat; net of ties to the government, we estimate that companies which file discrepant books because they (most likely) exaggerate their profitability in the MOST grant applications have at least 50% higher odds of being awarded a MOST grant. Presented by: Assistant Professor Yanbo Wang at Boston University School of Management's 2nd Annual Faculty Research Day held on May 14, 2012.
Oxford Business Group's first report on Mongolia, The Report: Mongolia 2012, featured on B TV. The Report: Mongolia 2012, which marks OBG's first publication on the country's economy, considers the reforms that the government is introducing to prime the mining industry for major expansion. It charts the preparations that are under way to update licensing procedures while putting the spotlight on new mines as they gear up to begin production. The publication was launched at the Blue Sky Hotel and Tower in Ulaanbaatar on March 1 which was attended by more than 250 high-profile guests, including the Prime Minister of Mongolia Sukhbaataryn Batbold who made a key-note speech at the event. The report contains contributions from Mongolia's President Ts. Elbegdorj and the Prime Minister, together with a detailed, sector-by-sector guide for investors. It provides a wide range of interviews with leading political, economic and business representatives, including Minister for Foreign Affairs and Trade G. Zandanshatar, the Vice-Minister of Finance and Founder of the Mongolia Economic Forum Ch. Ganhuyag, the Chairman of the Foreign Investment and Foreign Trade Agency B. Ganzorig and Executive Director of the Business Council of Mongolia Jim Dwyer.
Pittsburgh real estate market report for May 2012. Presented by Christa Ross, REALTOR, RE/MAX Select Realty. I work with Pittsburgh home buyers and home sellers.
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