Business Commons^™

Determinants Of Loan Losses In National Banks: Size, Regulation, And The Aicpa Model, Randy Marl Reed

Doctoral Dissertations

Because of recent failures, the AICPA Banking Committee has developed a normative model citing specific variables for auditors to use in bank audits. This research has examined that AICPA model.

In addition, the Auditing Principles Board has identified several areas of concern for auditing internal control structures. Research into size and regulation from other sources has indicated that both are significant modifiers of financial models. Regulations now require banks and holding companies of more than $500 million in assets to submit to an annual independent audit.

The primary purpose of this research was to determine whether the AICPA normative model …

A Cross-Sectional Analysis Of The Determinants Of Corporate Share Repurchases, Kenneth M. Washer

Doctoral Dissertations

The objective of this study is to determine which motives play a significant role in determining the extent of a firm's repurchasing activity. For firms repurchasing through the open market, the motives include taking advantage of perceived undervaluation, increasing financial leverage, distributing cash to shareholders, and reducing agency costs. For firms using a tender offer, the motives include taking advantage of perceived undervaluation and having the ability to significantly increase financial leverage. Also, the hypothesis that the perceived undervaluation motive is stronger for smaller firms is tested. Three censored regression models are employed, and each model's explanatory variables represent commonly …

An Empirical Analysis Of The Relationships Among Entrepreneurial Orientation, Organizational Culture And Firm Performance, Kenneth Herbert Chadwick

Doctoral Dissertations

The objective of this dissertation was to empirically assess the entrepreneurial orientation (EO) to firm performance relationship and the potential influence of organizational culture (OC). Specifically, OC was examined as a potential predictor of the degree of EO and as a potential moderator of the EO to performance relationship. Firm performance was assessed with the weighted average performance scale and 1997 year ending return on assets (ROA) and return on equity (ROE).

The sample frame consisted of a national sample of bank presidents. The mailing list was purchased from Thomson Financial Publishing. A self-report questionnaire was mailed to a stratified …