Showing 1 - 10 of 197
This study examines the auditor switch effect on share prices among listed companies in Malaysia, mainly the Second …
Persistent link: https://www.econbiz.de/10009484061
The paper describes three analyses to examine differences in construction company POT profitability between (1) different financial years, and (2) different sizes of companies. In the first analysis, the aggregated profitability of a sample of 80 UK general contractors was found not to differ...
Persistent link: https://www.econbiz.de/10009437513
Auditing has an important role to play in the corporate governance process and is essential in ensuring confidence in the reliability of financial information. Given the costs involved, it is important to understand the reasons why companies change their auditor and choose a particular level of...
Persistent link: https://www.econbiz.de/10009440861
determinants and new auditor selection determinants. These studies use a sample of non financial auditor change companies to test … logistic regression models of the determinants of auditor change and new auditor selection. The determinant variables include … incumbent auditor were found to be significant determinants of auditor change. Expected future growth in the company, rather …
Persistent link: https://www.econbiz.de/10009465930
The study investigates the relationship between auditing services provided to 213 listed firms over a period from 1996 to 2000 by reputable (or tier 1) and non-reputable (non-tier 1) audit firms and the initial returns at listing. We use market adjusted initial return to reflect the firm’s...
Persistent link: https://www.econbiz.de/10009484062
ENGLISH ABSTRACT: This event study examines the effect that Black Economic Empowerment (BEE) announcements have on a companies' share price. The average mean return model is applied to study a sample of companies from the Financial Mail Top 200 Empowerment Companies list, 2007. The mean price...
Persistent link: https://www.econbiz.de/10009442067
It is believed that resource companies which derive their earnings from selling resources predominantly in foreign currency should be significantly exposed to both the exchange rate and the resource price. The aim of this research was to better explain the exposures facing resource companies...
Persistent link: https://www.econbiz.de/10009447507
This study addresses the issue of shar eprice predictability on the JSE Securities Exchange (JSE) over the 1989 to 2009 period. Th eoverall predictability of the JSE in terms of market indices and individual share prices is examined. The predictability in prices of portfolios formed by ranking...
Persistent link: https://www.econbiz.de/10009447511
Black Economic Empowerment is an important and influential aspect of SouthAfrica’s economy. Firms listed on the Johannesburg Securities Exchange have beenengaging in deals aimed at Black Economic Empowerment for a number of years.These deals are typically complex and include many aspects that...
Persistent link: https://www.econbiz.de/10009447535
There have been numerous studies investigating the problem of CEO departureand concomitant market reaction around the world. In some instances themarket reaction is favourable; in others not. Throughout the various businesscycles and economic conditions the quality of management is usually...
Persistent link: https://www.econbiz.de/10009447542