Banks' Survival During The Financial Crisis: The Role Of Regulatory Reporting Quality,
2012
Singapore Management University
Banks' Survival During The Financial Crisis: The Role Of Regulatory Reporting Quality, Jeffrey Ng, Tjomme O. Rusticus
Research Collection School Of Accountancy
In this paper, we investigate the effect of bank transparency before the crisis on bank stability during the financial crisis that erupted in 2008. Using a large sample of private and public commercial banks in the United States, we find that transparency enhances stability. We use two measures of transparency. We develop a new measure of financial reporting transparency based on loan loss provision estimation errors. We corroborate our findings using a second measure based on the incidence of accounting restatements. We show that lower transparency before the crisis is associated with higher non-performing loans and lower profitability at the …
Urgensi Penghematan Energi Dalam Mewujudkan Kestabilan Perekonomian Indonesia,
2012
UIN Syarif Hidayatullah
Urgensi Penghematan Energi Dalam Mewujudkan Kestabilan Perekonomian Indonesia, Zulkifli Rangkuti Dr.
Zulkifli Rangkuti
No abstract provided.
Negotiating Executive Compensation In Lieu Of Regulation,
2012
University of Maryland Francis King Carey School of Law
Negotiating Executive Compensation In Lieu Of Regulation, Urska Velikonja
Urska Velikonja
No abstract provided.
Nonprofit Funding Agencies’ Review Of Grant Recipients,
2012
Johnson & Wales University - Providence
Nonprofit Funding Agencies’ Review Of Grant Recipients, Siobain Mcilvain
Honors Theses - Providence Campus
Nonprofits need to be just as responsible as public corporations. Nonprofit funding agencies have the responsibility for evaluating the organizations they fund to make sure that they are operating with high integrity, maintaining strong internal controls, remaining financially stable, and overall being good stewards of the funds received. This paper will explain the criteria that a funding agency should follow in order to affect this process, as well as how a recipient nonprofit will benefit from following the criteria.
Is Tech M&A Value-Additive?,
2012
Princeton University
Is Tech M&A Value-Additive?, Ani Deshmukh
Undergraduate Economic Review
Given rising M&A deal volume across all high-tech subsectors, the ability to measure post-acquisition performance becomes critical. Despite this growth, the relevant academic literature is severely lacking (Kohers and Kohers 2000). Using an event-study approach, I find that acquirers and targets both realize statistically significant day-0 abnormal returns (1.23% [p<0.1] and 8.1% [p<0.01], respectively). As positive stock returns signal positive growth prospects in a semi-strong efficient market, AR regressions found that firms' technological relatedness, deal financing, purchase price premiums, and the relative book to market ratio, explained most variance. Overall, high-tech transactions are value-additive for both targets and acquirers.
Pemanfaatan Dana Migas (Migas Fund) Untuk Ketahanan Energi (Energy Security) Sebagai Alternatif Pengembangan Industri Hulu (Upstream) Migas Nasional,
2012
UIN Syarif Hidayatullah
Pemanfaatan Dana Migas (Migas Fund) Untuk Ketahanan Energi (Energy Security) Sebagai Alternatif Pengembangan Industri Hulu (Upstream) Migas Nasional, Zulkifli Rangkuti Dr.
Zulkifli Rangkuti
No abstract provided.
Does Compensation Structure Alleviate Personal Ceo Risks?,
2012
Montclair State University
Does Compensation Structure Alleviate Personal Ceo Risks?, Richard Lord, Yoshie Saito
Department of Accounting and Finance Faculty Scholarship and Creative Works
Are CEO compensation packages designed to alleviate some of the personal risks that they bear? We employ a unified framework to test the relationship between the four major components of executive pay; salary, bonuses, option grants and restricted stock grants, and four factors that increase CEOs' personal risks; the real value of their pay, the riskiness of firm equity, the value of their equity portfolios, and the delta of these equity holdings. We show that personal risks that CEOs face have significant effects on the design of their compensation contracts. Our results suggest that the portion of salary compensation decreases …
A Research Proposal: How Can The United States Postal Service Respond And Recover From A Decade Of Decline?,
2012
Johnson & Wales University - Providence
A Research Proposal: How Can The United States Postal Service Respond And Recover From A Decade Of Decline?, Victoria E. Ayers
MBA Student Scholarship
The purpose of this proposal is to identify the various financial struggles the United States Postal Service is currently facing. The interpretation of the related literature reveals some of the issues which the Postal Service is currently facing. Through the analysis of articles addressing the present and past volumes of mail and the recent usage of postal facilities it is evident that there is still a need for the USPS to survive. This proposal examines the current actions taken to save the United States Postal Service from their financial turmoil and also presents the results of past actions. It is …
Building The Cfo Function: Roles And Responsibilities,
2012
Singapore Management University
Building The Cfo Function: Roles And Responsibilities, Andrew Lee, Tracey Zhang
Research Collection School Of Accountancy
In May 2012, the Singapore CFO Institute, in collaboration with the School of Accountancy at Singapore Management University (SMU), embarked on this study with the objective of achieving a better understanding of the CFO function in today’s modern corporation. The study aims to answer a fundamental question – what do CFOs actually do? We examined several facets to this question: the key roles and responsibilities of CFOs; how those responsibilities are structured; whether those roles have changed in importance over time; what roles occupy the most of the CFOs’ attention and time; and what factors are challenging or enhancing the …
Can Us Economic Variables Predict Chinese Stock Market?,
2012
Singapore Management University
Can Us Economic Variables Predict Chinese Stock Market?, Jeremy Goh, Fuwei Jiang, Jun Tu, Yuchen Wang
Research Collection Lee Kong Chian School Of Business
In the last few decades, we observed a significant increase in global economic activities and these activities may have an impact on both China's economy and stock market. Given the potential impact, we empirically examine whether US economic variables are leading indicators of the Chinese stock market. Prior to China joining the World Trade Organization (WTO) in the end of 2001, we find no statistical relationship between US economic variables and the Chinese stock market returns. However, we find US economic variables have statistically significant predictive power for periods after China's admission into the WTO. In addition, we show that …
Building The Cfo Function: Roles And Responsibilities,
2012
Singapore Management University
Building The Cfo Function: Roles And Responsibilities, Andrew Lee
Research Collection School Of Accountancy
No abstract provided.
Factors Affecting Investment Decision Making Of Equity Fund Managers,
2012
Iqra University, Islamabad Campus
Factors Affecting Investment Decision Making Of Equity Fund Managers, Salman Ali Qureshi, Kashif Ur Rehman, Ahmed Imran Hunjra
Ahmed Imran Hunjra (PhD)
Traditional theories of finance assume that investors use all available information and make rational investment decision but in reality the scenario is different. Based upon the growing importance of behavioral finance the present study is an attempt to investigate the effect of behavioral factors such as heuristics, risk aversion, use of financial tools and firm level corporate governance on the decision making of equity fund managers of Pakistan. The study collected response from 327 equity fund managers of insurance companies, commercial banks, and equity investment companies applying stratified random sampling technique. The results of the study demonstrate that a positive …
The Effect Of Corporate Governance Variables On Share Price: A Comparison Of “A Class” And “B Class” Shares In The People's Republic Of China,
2012
Bond University
The Effect Of Corporate Governance Variables On Share Price: A Comparison Of “A Class” And “B Class” Shares In The People's Republic Of China, Kevin Jih, Simone Kelly, Ray Mcnamara
Ray McNamara
This paper examines the interaction between corporate governance and earnings as they affect market performance. The research focuses on Chinese capital markets because of their unique characteristics with respect to elements of corporate governance. Specifically, Chinese companies may issue A-shares to Chinese citizens or B-shares to foreign investors and overseas Chinese or Chinese citizens with foreign currency. B-shares produce reports based on International Accounting Standards, have an independent board structure, and use international recognised auditor. Companies with A-shares only use Chinese Accounting Standards, do not have independent boards of directors and use Chinese auditors operating under Chinese audit standards.The differences …
The Effect Of Corporate Governance Variables On Share Price: A Comparison Of “A Class” And “B Class” Shares In The People's Republic Of China,
2012
Bond University
The Effect Of Corporate Governance Variables On Share Price: A Comparison Of “A Class” And “B Class” Shares In The People's Republic Of China, Kevin Jih, Simone Kelly, Ray Mcnamara
Simone Kelly
This paper examines the interaction between corporate governance and earnings as they affect market performance. The research focuses on Chinese capital markets because of their unique characteristics with respect to elements of corporate governance. Specifically, Chinese companies may issue A-shares to Chinese citizens or B-shares to foreign investors and overseas Chinese or Chinese citizens with foreign currency. B-shares produce reports based on International Accounting Standards, have an independent board structure, and use international recognised auditor. Companies with A-shares only use Chinese Accounting Standards, do not have independent boards of directors and use Chinese auditors operating under Chinese audit standards.The differences …
Industry Comparison Of Executive Compensation And Equity Considerations,
2012
University of New Hampshire - Main Campus
Industry Comparison Of Executive Compensation And Equity Considerations, Louis Chan
Honors Theses and Capstones
No abstract provided.
2012 Q3 Market Pulse Report,
2012
Pepperdine University
2012 Q3 Market Pulse Report, John K. Paglia
Pepperdine Market Pulse Report
The quarterly IBBA and M&A Source Market Pulse Survey was created to gain an accurate understanding of the market conditions for businesses being sold in Main Street (values $0-$2MM) and the lower middle market (values $2MM -$50MM). The national survey was conducted with the intent of providing a valuable resource to business owners and their advisors. The IBBA and M&A Source present the Market Pulse Survey with the support of the Pepperdine Private Capital Markets Project and the Graziado School of Business and Management at Pepperdine University.
A Comparative Study Of Governing Board Composition And Financial Performace Measures In New Hampshire Hospitals,
2012
University of New Hampshire - Main Campus
A Comparative Study Of Governing Board Composition And Financial Performace Measures In New Hampshire Hospitals, Heather C. Brooks
Honors Theses and Capstones
No abstract provided.
Sgx Listing Rule 1207(10): Challenges And Opportunities For Caes,
2012
Singapore Management University
Sgx Listing Rule 1207(10): Challenges And Opportunities For Caes, See Liang Foo
Research Collection School Of Accountancy
No abstract provided.
Raising The Bar,
2012
Singapore Management University
Raising The Bar, Jiwei Wang
Research Collection School Of Accountancy
No abstract provided.
Training And Development Guide For A Culinary Department In A Private University,
2012
University of Nevada, Las Vegas
Training And Development Guide For A Culinary Department In A Private University, Kimberly Rosenbaum
UNLV Theses, Dissertations, Professional Papers, and Capstones
In an online study of the Council of Hotel and Restaurant Trainers (CHART), 53% of respondents reported their budgets for training were being carefully looked at. From this scrutiny, training budgets in the past 18 months have significantly decreased (Bertra, 2009, p. 1). Slashed training budgets have become another sign of the recessionary times, forcing operators to direct their funds to customer service, hoping to set them apart in the competitive environment known as hospitality (Bertra, 2009, p. 1).
