understanding accounting and corporate governance abroad

... Smith 2001 “Financial Accounting Information and Corporate Governance. ” Journal of Accounting and Economics 32, no 1-3: 237-333 Carlin, W., and C Mayer 2000 “Finance, Investment and Growth.” Unpublished ... between accounting performance and CEO turnover include Weisbach (1988), Murphy and Zimmerman (1993), Lehn and Makhija (1997), and DeFond and Park (1999), while Blackwell, Brickley, and Weisbach ... Information Costs, and Corporate Governance: The Use of Accounting Performance Measures in Proxy Contests.” Journal of Accounting and Economics 10, no 1: 3-36 Bushman, R., R Indjejikian, and A Smith...

Ngày tải lên: 17/02/2014, 09:20

Ngày tải lên: 03/06/2014, 01:09

... Commerce BID: Branding-inherent Demand SAR: Spatial Autoregressive SMA: Spatial Moving Average Bond: Bond’s Franchise Guide Incomplete Contracts and Corporate Governance: Theory and Evidence ... essential element of corporate governance, which has been raised by Coase (1937) and more recently developed by Jensen and Meckling (1976), Fama and Jensen (1983a, b), Williamson (1985), and Tirole (2006) ... Effects of Branding Value on Choice of Governance Structure: Scenario 87 Figure 3.2 Effects of Branding Value on Choice of Governance Structure: Scenario 88 Figure 3.3 Effects of Branding Value...

Ngày tải lên: 03/06/2014, 02:02

... takeovers, clustering and governance aspects • Chapters & • Holmstrom, B and S Kaplan, Corporate governance and merger activity in the United States: making sense of the 1980s and 1990s’, Journal ... Finance and Accounting, the Journal of Corporate Finance and the Journal of Banking and Finance Terry Walter Terry Walter is a Professor of Finance and Head of School in the School of Banking and ... and empirical analysis’, Journal of Accounting and Economics, 8, 1986 • Case study: Cheap Tickets, Incorporated-Cendant Corporation (page 621) MFIN6210: Takeovers, Restructuring & Corporate Governance...

Ngày tải lên: 20/06/2014, 14:20

... J Smith (2001): “Financial accounting information and corporate governance , Journal of Accounting and Economics, Vol 32, December, pp 237-333 CHEN, En-Te e John Nowland (2007): "Asian family-owned ... quality”, Journal of Accounting and Economics, Vol 39, pp 295-327 FRANCIS, Jere R.; Inder K Khurana e Raynolde Pereira (2003): “The role of accounting and auditing in corporate governance and the development ... managerial control and the governance of companies on the Brussels Stock Exchange", Journal of Banking and Finance, Vol 24, pp 1959-1995 ROMANO, Roberta (1996): Corporate law and corporate governance ,...

Ngày tải lên: 02/01/2015, 17:33

... board and committee composition, and shareholder wealth Financial Review 33, 17 – 32 DeAngelo, L.E., 1988 Managerial competition, information costs, and corporate governance: the use of accounting ... outside directors has a significant and positive correlation with number of board meetings and corporate directors and market value of equity The percentage of corporate directors is significantly ... board and audit committee members Nevertheless, our results imply an associative link between the board and earnings management References Baysinger, R., Butler, H.M., 1985 Corporate governance and...

Ngày tải lên: 02/01/2015, 17:34

... NO * JULY 1988 Corporate Finance and Corporate Governance OLIVER E WILLIAMSON* ABSTRACT A combined treatment of corporate finance and corporate governance is herein proposed Debt and equity are ... 58] and by Klein, Crawford ,and Alchian [38] The appearanceof the "classic capitalist firm" and its financing was explicated by Alchian and Demsetz [12] and Jensen and Meckling [30] The Jensen and ... incentives and (2) craft governancestructuresthat fill gaps, correct errors ,and adapt more effectively to unanticipateddisturbances.Prospectiveincentive and governanceneeds will thus be anticipated and...

Ngày tải lên: 06/01/2015, 19:47

... J Smith (2001): “Financial accounting information and corporate governance , Journal of Accounting and Economics, Vol 32, December, pp 237-333 CHEN, En-Te e John Nowland (2007): "Asian family-owned ... quality”, Journal of Accounting and Economics, Vol 39, pp 295-327 FRANCIS, Jere R.; Inder K Khurana e Raynolde Pereira (2003): “The role of accounting and auditing in corporate governance and the development ... managerial control and the governance of companies on the Brussels Stock Exchange", Journal of Banking and Finance, Vol 24, pp 1959-1995 ROMANO, Roberta (1996): Corporate law and corporate governance ,...

Ngày tải lên: 06/01/2015, 19:49

... application of the corporate valuation model to all corporate decisions and strategic initiatives  The objective of VBM is to increase Market Value Added (MVA) 15 - 26 MVA and the Four Value ... reported on balance sheets 15 - Total Corporate Value  Total corporate value is sum of: Value of operations Value of nonoperating assets 15 - Claims on Corporate Value  Debtholders have first ... and/ or improving profitability  The expected ROIC of Division B is greater than the WACC, so the division should continue with its growth plans 15 - 39 Two Primary Mechanisms of Corporate Governance...

Ngày tải lên: 06/04/2015, 19:41

... literature, discussion and conclusion Each chapter stands on its own and can be read separately without loss of understanding Chapter CHAPTER LEGAL THEORIES AND MODELS OF CORPORATE GOVERNANCE 2.1 INTRODUCTION ... research in corporate governance need not begin and end with agency theory and other accepted governance models 2.2 THE MAJOR RESEARCH TRENDS IN LEGAL THEORIES ON CORPORATION AND CORPORATE GOVERNANCE ... theoretical application of legal theories and models of corporation and corporate governance and provide empirical evidence to the importance of litigation in corporate governance Each essay constitutes...

Ngày tải lên: 12/09/2015, 10:54

... of corporate governance in the UK and reviews the literature on earnings management and corporate governance Chapter develops the hypotheses to be tested Chapter discusses the data sources and ... compensation, debt and Chapter Literature Review and Corporate Governance in the UK dividend covenants, etc) based on accounting earnings because it is likely to be costly for shareholders and creditors ... reporting system” and become “a game that runs counter to the very principles behind our market's strength and success” Chapter Literature Review and Corporate Governance in the UK Accounting academics...

Ngày tải lên: 05/10/2015, 19:01

... Assets Part 1: The Link between Taxation and Corporate Governance The Link between Taxation and Corporate Governance The Link between Taxation and Corporate Governance Dave Hartnett When thirty five ... highlighted by a series of corporate scandals in the U.S and Europe and by the aggressive promotion of tax shelters by some large accounting and law firms Tax and corporate governance issues can intersect ... Taxation and Corporate Governance – The State of the Art Taxation and Corporate Governance – The State of the Art 357 Arne Friese, Simon Link and Stefan Mayer List of Authors Krister Andersson...

Ngày tải lên: 13/10/2016, 11:47

... implementation of standards that expand managerial discretion and highlight the importance of corporate boards in the monitoring of discretion allowed by such standards v To my mother, Necla Güler, and my ... 93 1 INTRODUCTION The Financial Accounting Standards Board (FASB) issued SFAS 142, Accounting for Goodwill and Other Intangible Assets’ in 2001 The standard, effective for fiscal years beginning ... stream of accounting choice literature which examines how multiple forces affect accounting choice, and address one of the questions posed by Fields, Lys, and Vincent (2001) of how multiple and often...

Ngày tải lên: 10/12/2016, 17:14

... 17, 2002, at A1; and N.Y Times, O’Neil Condemns Corporate Scandals, June 24, 2002, at C2 Bengt Holmstrom & Steven N Kaplan, The State of U.S Corporate Governance: What’s Right and What’s Wrong? ... between certain corporate governance mechanisms and the likelihood of a company having a serious accounting problem, as evidenced by a misstatement of its earnings The specific corporate governance ... sample and data and describes the stock price reaction and mediumterm abnormal returns around restatement announcements Section V investigates the relation between corporate governance mechanisms and...

Ngày tải lên: 15/03/2014, 22:20

... challenges of globalization and add to the urgent need to tackle corporate governance issues in a comprehensive and systematic manner In this context, Corporate Governance and Enterprise Reform in ... companies and the code of corporate governance for listed and nonlisted companies introduced by the China Securities Regulatory Commission and the State Economic and Trade Commission Notwithstanding ... Ownership and Control of Listed Companies Role of Stock Markets and Information Dislosure in the Corporate Governance of Listed Companies Ownership Concentration and Types of Investors 76 Ownership and...

Ngày tải lên: 09/12/2013, 17:22

... Financial AccountingStandardsBoard (FASB).3In contrast,this paper and its sequelaim to beginfrom scratchand developa consistenteconomicdefinition of real corporateprofits and associated accountingprocedures.The ... problemand forces a choice among imperfectprocedures.The purpose of accountingis to paint as accurateand reliablea pictureas possible of the position of the firm (its balancesheet) and the income and ... currentproposals for inflation accounting( or "current value" or "generalvalue" accounting) is that far-reaching The proposal of the Cost AccountingStandardsBoard(CASB), which is the accounting authorityfor...

Ngày tải lên: 06/03/2014, 21:20

... Protocol Corporate Accounting and Reporting Standard (GHG Protocol Corporate Standard), published in September 2001, enjoyed broad adoption and acceptance around the globe by businesses, NGOs, and ... (GHG) accounting and reporting standards for business and to promote their broad adoption The GHG Protocol Initiative comprises two separate but linked standards: • GHG Protocol Corporate Accounting ... setting a target and tracking and reporting progress 1 S T A N D A R D GHG Accounting and Reporting Principles A s with financial accounting and reporting, generally accepted GHG accounting principles...

Ngày tải lên: 06/03/2014, 21:20

... measurement that is widely accepted and used in other areas, namely corporate financial accounting and national income accounting We modify the concepts of corporate financial accounting so that the accounts ... this accounting framework will help researchers better define and more accurately measure household income, consumption, saving, and other financial variables, and in the end enhance our understanding ... apply, and modify where appropriate, the standard corporate financial accounting to household survey data as it was invented to deal with various types of both trivial and nontrivial transactions Corporate...

Ngày tải lên: 07/03/2014, 15:20

... investigate the understanding of people about CSR and Environmental and Social Accounting in Vietnamese companies; - To understand the current implementation of CSR and Environmental and Social Accounting ... following parts: 2.1 Accounting theory 2.2 Corporate Social Responsibility 2.3 Social and Environmental Accounting 12 2.1 2.1.1 Accounting theory Definitions and objectives of accounting Accounting is ... Objectives and Scope of Research Objectives of Research: - To investigate the understanding of people about CSR and Environmental and Social Accounting in Vietnamese companies; - To understand the...

Ngày tải lên: 13/03/2014, 14:19