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This study aims to ascertain the direct impact of Research and Development (R&D) spending on the value of a company, specifically in the palm oil industry. Additionally, the study examines how the company’s size influences its value concerning R&D expenditures. The inquiry examines the impact...
Persistent link: https://www.econbiz.de/10014529446
The aim of this study is to test for the relevance of some financial ratios as descriptors of companies' financial status in explaining the evolutions of their business turnover. We are considering a data sample of 36 companies quoted on the Romanian capital market for a time span between 2007...
Persistent link: https://www.econbiz.de/10010685464
Persistent link: https://www.econbiz.de/10013075453
This paper identifies several approaches to detection of manipulation in financial statements and creates a combined practical approach, which uses each of the existing algorithms in the complement manner to the others. It also introduces new P-Score formula, which in conjunction with Altman...
Persistent link: https://www.econbiz.de/10013158712
management in modern conditions, which is based on the concept of compromise between risk and profitability, is characterized by … financial statements should include the calculation and analysis of financial ratios of risk and profitability according to its … actual performance, evaluation of their relationship, adjusting the values of financial risk and profitability (if necessary …
Persistent link: https://www.econbiz.de/10014349893
This paper examines the conditions necessary for calculating steady state terminal values in equity (company) valuation models. We make explicit use of the fact that a company's income statements and balance sheets can be modeled as a system of difference equations. From these difference...
Persistent link: https://www.econbiz.de/10005802432
Prior research provides mixed evidence on whether corporate lobbying activities increase or decrease shareholder value. In this study we use detailed data on corporate lobbying expenditures to investigate which factors influence the returns to corporate lobbying activities. Specifically, we...
Persistent link: https://www.econbiz.de/10012992236
Adherents of ABC/ABM systems claimed traditional management accounting systems generated misleading costs in a contemporary, tumultuous, often changing business environment and implementing ABC/ABM would remedy this. That is why activity-based costing (ABC) and activity-based management (ABM)...
Persistent link: https://www.econbiz.de/10009151159
Im klassischen Beitrag von Salant, Switzer und Reynolds (1983) wird für symmetrische Unternehmungen gezeigt, daß bei Verfolgung einer Mengenpolitik Fusionen zur Einschränkung des Wettbewerbs nur dann für die beteiligten Unternehmungen lohnend sind, wenn wenigstens 80 % der Unternehmungen an...
Persistent link: https://www.econbiz.de/10010305056
Limited access of small enterprises to reliable and well-prepared information about their condition is mentioned as one of the main barriers to small business development. One of the key types of information used in management is financial information. It concerns the resources and financial...
Persistent link: https://www.econbiz.de/10011551372