Seminars take place 3:30pm - 5:00pm on Wednesdays in Room 501, Level 5, Ken Edwards Building (unless otherwise stated).
Partisan, scholarly and active: arguments for an organic public sociology of work
Presenter: Paul Brook, University of Leicester and Ralph Darlington, University of Salford
Assigned Respondent: Jo Grady, University of Leicester
Date: 29 May 2013
Despite a thriving tradition of critical scholarship in United Kingdom-based sociology of work, Burawoy’s call for a partisan organic public sociology that is part of ‘a social movement beyond the academy’ and Bourdieu’s plea for committed scholarship in the service of the social movement against neo-liberalism have received scant attention. This article seeks to stimulate debate by presenting a framework for a left-radical organic public sociology of work based on Gramsci’s concept of the connected organic intellectual rather than Bourdieu’s expert committed scholar. The latter, it is argued, is ultimately incompatible with activist partisan scholarship based on democratised relations between researchers and researched. Participatory Action Research is offered as a methodological orientation that underpins and enables organic scholars of work to engage actively with the marginalised and labour in the co-creation of knowledge that aids their struggles for change.
New Evidence on Earnings Management, Pro Forma Reporting and Price Impact of Broker Actuals
Presenter: Francois Aubert, Universite d'Auvergne
Assigned Respondent: Yuval Millo, University of Leicester
Date: 5 June 2013
Using an innovative approach taking into account of the convergence consensus variable, we obtain new empirical evidence from European stock exchanges suggesting that market adjusted return of a firm is related to ex-post consensus revisions. We find that the share price impact is consistently negatively correlated with the actual and ex-post forecast error measures, suggesting that when brokers make their ‘actual’ revision of EPS upwards (downwards) is favourably (unfavourably) perceived by investors. Additionally, our study investigates the impact of pro forma reporting and earnings management activities on analyst
earnings re-forecast activities. This research contributes to prior literature on analyst accuracy, forecast bias and several aspects of our understanding of analyst behavior. This research takes into account the distributional properties of Broker actual made by financial analysts after annual earnings announcements. Beyond the information content of the broker actual, it is the first paper, to our knowledge, aiming especially at documenting the extent to which (1) earnings management (2) non-GAAP earnings disclosures (3) and other nonrecurring/
discontinued items drive analyst earnings re-forecast activities. Our paper
contributes to validating prior research on analyst bias when ex-post forecast error is negative. Our findings also document that financial analysts remain unable to correctly anticipate managerial discretion in financial reporting choices. While prior papers on analyst forecast bias deal with US quoted firms using I/B/E/S© data, this paper contributes to enhancing this literature by focusing on the European context using specific forecasted data provided by FactSet©.
Presenter: Ingo Winkler
Assigned Respondent: TBC
Date: 12 June 2013
Presenter: Ken Kamoche
Assigned Respondent: TBC
Date: 19 June 2013
The material-semiotics of fatherhood: the co-emergence of caring technologies and the contemporary father’
Presenter: Professor Shona Bettany, University of Westminster
Assigned Respondent: Mike Saren, University of Leicester
Date: 26 June 2013