This paper compares three valuation models – discounted dividends, discounted cash flow, and residual earnings – using financial and accounting data from Brazilian companies, during the period of 1995 to 2004. These approaches should be theoretically equivalent when the respective companies'...

We present a model of optimal monitoring expenditures. For any technology that yields a conventional ``S-shaped''' production function for monitoring, the optimal level of monitoring is shown to be higher in medium-sized firms than in both small and large firms. Further, the interaction between...

This study proposes an application of two models based on non-classical logic, the paraconsistent logic and the fuzzy logic, in company profitability analysis. We conduct interviews with market specialists in order to identify the main explanatory variables related to company profitability and...

The purpose of this study is to analyze the relationship between corporate information disclosure and financial distress. From the Securities and Futures Institute network, we collect the financial data of the stock listing companies in the Taiwan Security Exchange (TSE) and GreTai Securities...

This study examines the explanatory power of three prospective models in predicting users¡¦ continuous adoption of information system. The three models include: Expectation-Confirmation Theory Model (ECTM, Model 1), the integration of ECTM with Technology Acceptance Model (ECT-TAM, Model...

We present a model of optimal monitoring expenditures. For any technology that yields a conventional ``S-shaped''' production function for monitoring, the optimal level of monitoring is shown to be higher in medium-sized firms than in both small and large firms. Further, the interaction between...

This study intends to focus on the physicians, and to examine the input-output relationships between the medical resources used by these physicians and the quantity of medical services provided by them, in order to analyze the productivity and efficiency of physicians. In addition, by applying...

This study examines the explanatory power of three prospective models in predicting users¡¦ continuous adoption of information system. The three models include: Expectation-Confirmation Theory Model (ECTM, Model 1), the integration of ECTM with Technology Acceptance Model (ECT-TAM, Model 2),...

This study intends to focus on the physicians, and to examine the input-output relationships between the medical resources used by these physicians and the quantity of medical services provided by them, in order to analyze the productivity and efficiency of physicians. In addition, by applying...