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An appropriate measure of corporate performance is believed to be highly correlated to firm value on one hand and … paper examines the power of select performance measures in discriminating the Positive and Negative Value creation of the … companiesExamination of the discriminating power of the performance measures for the pooled cross section of data reveals that the EVA has …
Persistent link: https://www.econbiz.de/10013101266
In the empirical estimation of the relation between CEO pay and both firm and peer performance, researchers typically … include conventional accounting-based measures that reflect firm performance net of executive pay expense. We analytically … show that when firms evaluate CEO performance relative to peers, the coefficients on such net accounting measures are …
Persistent link: https://www.econbiz.de/10013218451
The differences between the market and book value, the inadequacy of traditional accounting reporting in performance … reporting by implementing various models for performance measurement using strategic analysis techniques. One of these models …, which attempt to measure company performance and intangible asset value, is Skandia Navigator. The purpose of this research …
Persistent link: https://www.econbiz.de/10013043881
) assumptions regarding the relation's functional form. Thus, the construction of a quality performance measure may improve its … ability to predict future financial performance and, hence, its usefulness for decision-making and control. The paper …
Persistent link: https://www.econbiz.de/10014097188
Die Begriffe Prozeßorientierung, Prozeßmanagement, Workflow Management und Workflow-Management-Systeme sind noch immer nicht klar definiert und voneinander abgegrenzt. Ausgehend von einem speziellen Verständnis der Prozeßorientierung (Arbeitspapier WI Nr. 9/1996) wird Prozeßmanagement als...
Persistent link: https://www.econbiz.de/10005841529
A key principle of financial reporting is that substance matters, not form. This is how auditors ensure that a firm will be viable in the future. The authors provide a checklist of goals that an organization should examine in order to determine whether it is investing in the long-run rather than...
Persistent link: https://www.econbiz.de/10012926792
Persistent link: https://www.econbiz.de/10014265882
The primary objective of this study is to construct a valid and reliable instrument to quantitatively measure the quality of internal audit function via level of conformance by internal auditors towards the International Professional Practice Framework (IPPF). Two separate pilot tests were...
Persistent link: https://www.econbiz.de/10013107443
I review evidence produced by prior literature on CEO horizon problems and show that prior empirical findings are correlated with the research design employed. I find that evidence of R&D curtailment by CEOs as they approach retirement stems predominantly from cross-sectional correlations...
Persistent link: https://www.econbiz.de/10013120017
Persistent link: https://www.econbiz.de/10011342874