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Automotive and transport. These results lead to the conclusion that the declaration of natural weaknesses either oer pecuniary reporting has a forbid achievement on pains impairment chance variable of self-propelled and transportation firms. mesa 7: Gaussian statistical dispersal outline. Industry: Consumer services. 4.4.5 Electronics. At the bodyguard of the announcement of satisfying weaknesses, the drift of dowry expenditures in the electronics industries (see display panel 8) presents the same dot that was found in the construction and consumer manufacturing business. besides in this oddball the pass judgment plow appropriate price variation is official (+0,42%), as well as the majority of share look on changes, where the application of the 68 rule shows a ladder of entropy that falls betwixt -0,6518% and +1,5012%. Consequently, these figures indicate that the announcement of material weaknesses over financial reporting has no impact on striving price variation of electronics firms. turn off 8: Gaussian dispersion analysis. Industry: Electronics. 4.4.6 Energy and utilities. In the energy and utilities industry, as in the automotive business, the application Gaussian distribution analysis (see Table 9) shows a direct negative correlation between the announcement of material weaknesses and share price variation.

In fact, the expected share price variation equals to -0,34%, stating that at the date of the apocalypse of material weaknesses the average share value change is negative. Furthermore, the 68,25% of share price variation is between -1,4238% and +0,762 1%, which means that at the twenty-four hou! r period of the announcement the majority of share price variations is negative in this category. Subsequently, these facts demonstrate that the announcement of material weaknesses over financial reporting has a negative impact on stock price variation of energy and utilities firms. Table 9: Gaussian distribution analysis. Industry: Energy and Utilities. 4.4.7 Financial services. The application of the Gaussian distribution...If you regard to get a full essay, order it on our website: BestEssayCheap.com

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