This study examines how terrorist attacks affect stock returns, the differences in the reaction of stock returns among different sectors and the differences in the reaction among different stock markets. The study focuses on the terrorist attacks that took place in New York City (NYC) on 11...

The purpose of this quantitative research is to investigate whether non-linear effects of capital structure choice on firm value are present for the Egyptian non-financial firms, and if yes, investigate the existence of an optimal capital structure that maximizes firm value. The authors employ...

In the light of foreign exchange (FX) rate fluctuation, this paper concentrates in the accounting choices of firms and their motivation to adopt or defer the adoption of the UK Statement of Standard Accounting Practice (SSAP) No. 20 "Foreign Currency Translation". The paper provides evidence...

Purpose – The purpose of this study is to investigate how the provision of voluntary International Financial Reporting Standard (IFRS) disclosures in the pre-adoption period has affected the IFRS transition process of UK listed firms. The study also seeks to identify the motivation of firms...

Purpose – The purpose of this paper is to examine the incentives for fixed asset revaluation. The motives that are investigated include firm size, fixed asset intensity, firm foreign operations and acquisitions, firm indebtedness and earnings management inclination. Design/methodology – The...

This study examines the effects of implementation of IAS 32, IAS 39 and IFRS 7 on Greek and UK banks' profitability during the period 2001-2008. The investigation period has been separated into the period before, during and after IFRS implementation. The empirical findings suggest that,...