Similar Search Results

Employer-Sponsored Training in Stabilisation and Growth Policy Perspectives

Håkanson, Christina; Johanson, Satu; Mellander, Erik - 2003

In Europe, accounting standards prevent larger expenditures on employer-sponsored training from being treated as investments. Using Sweden as example, we discuss two consequences for training. First, the timing: training will be conducted when income is large enough for training costs to be...

Persistent link: https://www.econbiz.de/10010320143

The changes and trends in urban land prices : an application of hierarchical growth modelling

Lee, Chun-chang; Huang, Li-yun; You, Shu-man - 2013

Urban land prices often changes over time; thus, they are a form of longitudinal data or nested structure. This study uses the growth model in hierarchical linear modelling (HLM) to discuss factors affecting the change in urban land prices in Taiwan over time. The empirical results indicate that...

Persistent link: https://www.econbiz.de/10009755449

Does high auditor litigation risk discourage corporate innovation?

Chy, Mahfuz; Hope, Ole-Kristian - 2016

We examine the effect of auditor conservatism on corporate innovation. We hypothesize that because conservative auditors constrain income-increasing accounting discretion, managers may sacrifice long-term investments in innovation to boost current earnings and meet short-term performance...

Persistent link: https://www.econbiz.de/10011547582

Financial transaction taxes : announcement effects, short-run effects, and long-run effects

Eichfelder, Sebastian; Lau, Mona - 2016 - Version: October 2016

We analyze the impact of the French 2012 financial transaction tax (FTT) on trading volumes, stock prices, stock liquidity and volatility. We extend the empirical research by the identification of FTT announcement and short-run treatment effects, which may distort difference-in-differences...

Persistent link: https://www.econbiz.de/10011550386

Market Determinants of Voluntary Disclosure of Macroeconomic Effects on Corporate Performance

Oxelheim, Lars - 2012

on voluntary macroeconomic information disclosure with a focus on information content and market determinants. We base … disclosure quality is positive but the overall level of information is still insufficient. The introduction and development of … IFRS has little impact on macroeconomic information disclosure quality. The main drivers of the disclosure of voluntary …

Persistent link: https://www.econbiz.de/10013102555

A Discussion of 'What Do Management Earnings Forecasts Convey about the Macroeconomy?'

Ogneva, Maria - 2013

While numerous studies in accounting and finance are devoted to predicting firm-specific earnings and understanding the forecasting behavior of analysts and management, it is unclear whether or how accounting information at the micro level can be applied to the macroeconomy. Bonsall, Bozanic,...

Persistent link: https://www.econbiz.de/10013084969

The Role of Financial, Macroeconomic and Non-Financial Information in Bank Loan Default Timing Prediction

Bhimani, Alnoor - 2013

We assess the use of bank loan information in predicting the timing to default. We use unique data on defaults in small and medium enterprises maintained by the Central Bank of Portugal which includes financial accounting and macroeconomic indicators, as well as non-financial information. The...

Persistent link: https://www.econbiz.de/10013088476

Macro to Micro : Country Exposures, Firm Fundamentals and Stock Returns

Li, Ningzhong - 2014

We outline a systematic approach to incorporate macroeconomic information into firm level forecasting from the perspective of an equity investor. Using a global sample of 198,315 firm-years over the 1998-2010 time period, we find that combining firm level exposures to countries (via geographic...

Persistent link: https://www.econbiz.de/10013066490

What Do Management Earnings Forecasts Convey About the Macroeconomy?

Bonsall, Samuel B. - 2014

the extent to which voluntary disclosure provided by management has macroeconomic information content. We provide evidence …

Persistent link: https://www.econbiz.de/10013066908

The Impact of Financial Reporting on Equity versus Debt Markets : Macroeconomic Evidence from Mandatory IFRS Adoption

Beneish, Messod D. - 2014

This study investigates whether a shock to financial reporting has a differential impact on debt and equity markets. Using macroeconomic data and a pre-post design centered in 2005, we find that IFRS adoption has a significantly greater effect on foreign debt than on foreign equity investment...

Persistent link: https://www.econbiz.de/10013071176

1
2
3
4
5
6
7
8
9
10
Next
Last