In terms of the concept of performance, the literature does not offer a unitary view on it, and therefore one may frequently encounter either singularized definitions of the concept which only take into account a number of aspects, or definitions that are too general and consequently hard to...

Although firm-initiated clawbacks reduce accounting manipulation, they also induce managers to engage in suboptimal activities (e.g., reduce research and development (R&D) expenses) to achieve earnings targets. To assess the effectiveness of clawback provisions, we examine their impact from...

In order to elaborate the financial accounting diagnosis, one must evaluate the performance and the financial position, as well as the interdependence between them. In order to reflect the interdependence between financial position and performance an analysis was made using the multiple linear...

The information about a company’s performance is necessary in order to evaluate the potential modifications of the economic resources that the entity will be able to control in the future, to anticipate the ability to generate treasury fluxes with the available resources, and to establish the...

This paper empirically examines the influence of firms’ one-year lagged of total new products (t-1), one-year lagged profitability (t-1), and market share of new products to firms’ amount of sales revenue in pharmaceutical generic companies in Indonesia. The data used in this study was panel...

This paper presents a new way of measuring residual income, originally introduced by Magni (2000a, 2000b, 2003). Contrary to the standard residual income, the capital charge is equal to the capital lost by investors. The lost capital may be viewed as (a) the foregone capital, (b) the capital...

The UEFA approved the Club Licensing and Financial Fair Play Regulation in 2010, which governs the requirements on transparency and financial conditions of football clubs participating at the European cups. The paper focuses on the specifics of Czech professional football clubs. The research is...

In Romania, the economic agents are used to excessively consume raw materials and energy without ensuring, in compensation, the corresponding added value. Thus, it is no wonder that the insolvency is a frequent phenomenon. Another problem of Romania’s economy is determined by the improper...

This paper studies the effect of financial constraints and financial distress on accounting restatements; specifically, we empirically analyse whether several firm-specific characteristics-namely, the level of leverage, the cost of debt, and the interest coverage ratio-influence the likelihood...

The research on women entrepreneurship has mainly studied these topics: i) the characteristics and motivations (Brush and Hisrich, 1991; Pablo-Martí et al., 2014), ii) the strategic choice (Verheul et al., 2008), iii) the role of leadership (Schwartz, 1976; Justo et al. 2006)), iv) the entry barriers...