This study analyzes the accuracy of forecasted target prices within analysts’ reports. We compute a measure for target price forecast accuracy that evaluates the ability of analysts to exactly forecast the ex-ante (unknown) 12-month stock price. Furthermore, we determine factors that explain...

The article is dedicated to the topic of financial reporting of the economic results of universities in relation to their financing. The article defines basic issues and problems in the area: identification of and distinction between the various activities of publicly financed universities, the...

В статье рассмотрены основные различия в подготовке отчетности в соответствии с международными и российскими стандартами по бухгалтерскому учету. Особое...

This paper discusses a detailed assessment report on the observance of China’s compliance with the International Organization of Securities Commission's objectives and principles of securities regulation. The reform of nontradable shares introduced a market-based pricing system for...

The research paper studied the evolution of shares market price during the company’s financial result announcement. The research is based on event study methodology. The author paid careful attention to data selection, correct methodology approach and results’ interpretation. 18 listed...

This paper reviews, summarises and ranks the constraints faced by entrepreneurs in developing countries, from an entrepreneur's perspective at a macro level. Given that, developing countries face resource constraints for creation of favourable policy environment for entrepreneurs, the policy...

This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...

This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...