Elton John is due to make another appearance in Monaco, this time in a public concert. The Princes’ Hall at the Grimaldi Forum, rather than the Salle des Etoiles, will be the venue for the December 6 event, and tickets will run between €167 to €497, according to his manager, Gérard Drouot.
The British singer, who enjoys an enthusiastic following in the Principality, gave an exceptional private concert, for the Ferretti group, on the quayside of the Monaco Yacht Club last September. The singer has recently celebrated his 70th birthday.
Dr Domenico Campa, Professor of Accounting at the International University of Monaco, has been recognised for excellence in his research “Regulatory enforcement and the effectiveness of fraud training: A European investigation into earnings manipulation,” published in “Comptabilité Contrôle Audit” (CCA).
The work investigates whether the presence of fraud training constrains financial statement manipulation and whether the level of regulatory enforcement of countries (measured as both law enforcement and financial reporting practice enforcement) also plays a role.
With evidence from a sample of 500 unique companies listed on the five largest European countries (France, Germany, Italy, Spain, and the UK), Dr Campa’s paper argues that data from 2009 to 2014 and multivariate analyses with controls for endogeneity reveals that the implementation of fraud training does reduce earnings manipulation.
In addition, it indicates that fraud training increases its effectiveness in countries with weaker regulatory enforcement, thus compensating for country-level institutional deficiencies. These results highlight that the additional resources invested by companies in ethics training generate benefits in terms of reduced earnings management and encourage managers of firms located in countries with weaker institutions to implement such measures because, in these contexts, their effectiveness is amplified.
Dr Campa completed his PhD at University College of Cork in 2011 and worked as Assistant Professor at Trinity College Dublin. He also served the board of the European Accounting Association as national representative for Ireland from 2013 to 2016. His research interests mainly involve auditing, earnings quality, IFRS adoption, and corporate governance.
Having studied in both Italy and Anglo-Saxon contexts, Dr Campa’s interests include the analysis of impacts of institutional setting on economic variables. His studies have been published in international refereed journals including, among others, Accounting and Business Research, Accounting in Europe, Journal of Accounting, Auditing and Finance, Managerial Auditing Journal, International Review of Financial Analysis and International Review of Law and Economics.
On the International Day for the Rights of the Child, which will be celebrated on November 24, 2017, the Directorate of National Education, Youth and Sports has issued an invitation to “KIDS UNITED”, an exceptional concert in the Principality.
Ranging in ages from 8 to 15, this troupe of six young singers, working for UNICEF, spreads the message of solidarity and mutual aid that are particularly conducive to moral and civic education for young people.
The main show starts at 7:30 pm in the Salle des Princes, and as a prelude, students from Monaco will do their part to raise awareness of the situation of children in the world at 7 pm, in front of Grimaldi Forum. The main show starts at 7:30 in the Salle des Princes.
Numerous activities will mobilise the pupils of the Principality throughout the school year in order to raise funds to support the work of Monegasque humanitarian associations working for children. This money will also help young students living in the Principality or in neighbouring communes in need of special support.
Tickets for the November 24 show, which range from €39 to €59, are now available through the Grimaldi Forum website.
An incredible machine that traps moisture from air could solve the water shortage that affects so many people worldwide. This was the device donated to the Prince Albert II of Monaco Foundation last month and presented directly to HSH Prince Albert by Angela Van Wright Von Berger, President of the NGO Unakids, and Marco Honegger, founder of the Watershed Association and co-founder of SEAS, the company which manufactures the machine.
Graziano Giacomini, President of Association SEAS, said: “It’s a machine that extracts humidity from the air and then a sponge that fills with water is pressed so the water can descend. The machine creates completely potable water, which we can drink. This equipment serves to help countries where drinking water is rare, where water is polluted, or where populations cannot conveniently find water.”
Watershed, which was founded in Monaco last year, has identified areas where the “AWA Modula 25” can be put to best use. It can produce up to 250 litres of water a day, and the Foundation will be sending this particular water fountain to Burkina Faso, where it will be put to use by the Burkina Faso Red Cross training centre, which is being constructed using the structure of the Monaco Pavilion from the Milan Expo.
A rugby ball that has travelled around the world to celebrate the 450th anniversary of Rugby School was passed around by youth players of AS Monaco Rugby club on Saturday.
Although Rugby School has other claims to fame – it had a very progressive headmaster in Thomas Arnold, and Tom Brown’s 1857 novel School Days was set at the Warwickshire school – it’s as the birthplace of Rugby, the sport, for which it’s best known.
However, it was not until 1823 that the game was born. A pupil, William Webb Ellis, defied the rules of soccer and “with a fine disregard for the rules of football as played at the time, first took the ball in his arms and ran with it”.
The ball that came to Monaco on April 1 has so far visited Six Nations games in Edinburgh, Cardiff, London, Paris, and Rome as well as London, Guernsey Moscow, Hong Kong, Beaune, Milan Florence.
It has also been to Menton, where William Webb Ellis is buried.
Swedish freelance photographer and film producer, Mattias Klum. Photo: Mklum
Swedish filmmaker Mattias Klum screened his award-winning film “Vamizi, Cradle of Coral” to a prominent group of decision makers and journalists at the Oceanographic Museum during Monaco Ocean Week.
Mr Klum’s film brings attention to the fact that more than half of the coral reefs in the world are populated by more than two million species, but more than half of the coral reefs have now disappeared. According to current forecasts, all of the world’s coral reefs will be eradicated by 2050. By the same year, the population of the world will have exceeded two billion people. Today, 850 million people depend on the sea for their direct sustenance.
“Keeping the ocean eco system intact is absolutely critical to avoid a global catastrophe,” said Mr Klum.
These issues are more crucial now than ever, since the new US administration recently declared it will abandon important parts of the new climate legislation initiated by President Obama.
When the new US government chooses to abandon their new climate legislation, it’s more important than ever to show the direct consequences, but also where to find hope. Vamizi is in many ways a perfect positive example, Mr Klum commented.
Mattias Klum was in Monaco, together with his fiancée and artist partner, Iris Alexandrov, the Secretary General of WWF, Håkan Wirtén, and Carl Gustaf Lundin from IUCN. Queen Noor of Jordan was present and took part in a Q&A session during the event.
The film portrays Vamizi as a so called ”hope spot” in a time where we’re losing or destabilising our ocean environments at a rapid pace. For most of the tropical coral reefs, natural resilience is a key factor. Located off the coast of Mozambique, Vamizi has been named a mother reef by leading scientists, as it has a central role, now and in the future, in saving other reefs that are in danger. Vamizi has so far managed to resist the environmental effect and one of the key messages of the film is what made this possible.
An incredible machine that traps moisture from air could solve the water shortage that affects so many people worldwide. This was the device donated to the Prince Albert II of Monaco Foundation last month and presented directly to HSH Prince Albert by Angela Van Wright Von Berger, President of the NGO Unakids, and Marco Honegger, founder of the Watershed Association and co-founder of SEAS, the company which manufactures the machine.
