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Full-Text Articles in Business
Financing Pattern Of Multinational Enterprises In A Developing Country - The Sri Lankan Experience, H. Wijewardena
Financing Pattern Of Multinational Enterprises In A Developing Country - The Sri Lankan Experience, H. Wijewardena
Faculty of Business - Accounting & Finance Working Papers
Multinational enterprises (MNEs) have played a vital role in the economies of developing countries. However, empirical studies on some crucial aspects of MNE involvement in these economies appear to be inadequate. One such aspect is their financing pattern. This paper attempts to shed some light on this aspect through an analysis of balance sheet data of a sample of MNE affiliates operating in the manufacturing sector of Sri Lanka. The findings do not support the generally held view that MNEs gear themselves more highly than local firms and that they make use of a greater degree of domestic commercial bank …
A Fundamental Problem With Single Measure Event Studies And The Case Of Qualified Audit Reports, A. Frino
A Fundamental Problem With Single Measure Event Studies And The Case Of Qualified Audit Reports, A. Frino
Faculty of Business - Accounting & Finance Working Papers
This study draws on the case of event studies of qualified audit reports to illustrate that despite numerous improvements in research design, findings do not converge over time. The conflicting evidence is attributed to the nature of the market for a company's shares, and the fact that past studies rely only on one measure of information content, namely, price change or volume change measures. After construction of a simple micromarket structure of a company's shares by drawing on traditional microeconomics, qualitative comparative statics are used to identify the circumstances in which either the volume or the price change caused by …
Software Development In Accounting Education, V. Coomb, K. Cooper
Software Development In Accounting Education, V. Coomb, K. Cooper
Faculty of Business - Accounting & Finance Working Papers
The Accountancy profession, like many other disciplines, is being influenced by rapid developments in computer hardware and software. It is, therefore, essential that accountancy students become proficient in the adaptation of information technology techniques to accounting specific applications. To achieve this Computer Aided Learning software has been developed to supplement the traditional teaching approaches of lectures, tutorials and textbooks. The programs are developed to familiarise students with the use of computers and at the same time encourage their enthusiasm to learn by using menu driven programs incorporating graphics, sound, animation and windowing. Special software has also been developed to provide …
Accounting For Goodwill: A Case Study Of Sophisticated Users, M. M. Greenwell, G. E. Tibbits
Accounting For Goodwill: A Case Study Of Sophisticated Users, M. M. Greenwell, G. E. Tibbits
Faculty of Business - Accounting & Finance Working Papers
This paper reports a case study of sophisticated users of financial statements in which the central question elicited the views of UK and Australian respondents regarding the preferred method of accounting for goodwill. Conclusions drawn from the study are that the one option allowed by the Australian legally-enforceable standard is not the preferred option. Secondary issues addressed include accounting for other intangibles and attitudes to various components of the annual report.