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Full-Text Articles in Business
Implications Of Executive Succession Upon Financial Risk And Performance, Susan F. Weiss
Implications Of Executive Succession Upon Financial Risk And Performance, Susan F. Weiss
Walden Dissertations and Doctoral Studies
Executive replacements have historically created fluctuations in the market value of a company and precipitated inappropriate investor reaction. However, the direction and statistical significance of relationships between executive turnover, market value, financial risk, and investor reaction among a census of highly performing firms was previously unexplored. The purpose of this study was to determine the extent of the relationship between CEO turnover and indicators of company performance. Theoretical foundation for this study was the efficient markets hypothesis. Hypotheses tests were designed to support an ex-post facto research methodology for pre-post comparison of volatility of financial metrics, which are indicators of …
The Adoption Of International Accounting Standards For Small- And Medium-Sized Entities, Doris K. Feltham
The Adoption Of International Accounting Standards For Small- And Medium-Sized Entities, Doris K. Feltham
Walden Dissertations and Doctoral Studies
U.S. private entities considering adoption of International Standards for Small- and Medium-sized Entities (IFRS for SMEs) need to understand how the new standards will modify financial reporting. However, there has been no determination of the significance of the financial statement impact of changing from United States Generally Accepted Accounting Principles (U.S. GAAP) to IFRS for SMEs. Without this knowledge, private entities in the United States will not be able to make an informed decision as to the benefits or consequences of adopting IFRS for SMEs. Based on stakeholder theory, this study sought to determine how adoption of IFRS for SMEs …