Open Access. Powered by Scholars. Published by Universities.®

Business Commons™

Open Access. Powered by Scholars. Published by Universities.®

External Link

1989

Articles 1 - 3 of 3

Full-Text Articles in Business

Participation In Multiple-Peril Crop Insurance: Risk Assessments And Risk Preferences Of Cranberry Growers, P Allen, Robert Dismukes, J. Bernard Sep 1989

Participation In Multiple-Peril Crop Insurance: Risk Assessments And Risk Preferences Of Cranberry Growers, P Allen, Robert Dismukes, J. Bernard

P. Geoffery Allen

To investigate the poor participation rate of cranberry growers in the multiple-peril crop insurance program, a sample of 15 Massachusetts growers was interviewed. According to their risk preferences, a much greater proportion of growers should have insured, than actually did. A possible solution is to match the distribution used by the insurer closer to that believed by the grower. Adjusting each grower's historical yield series for trend brought the historical and subjective mean yields much closer. However, an aggregate test found the effect of adjustment to be insignificant, implying that the avenue for increased participation lies elsewhere.

Go to article

Bankers’ And Investors’ Perceptions Of The Auditor’S Role In Financial Statement Reporting: The Impact Of Sas No. 58, Anne Kelly Dec 1988

Bankers’ And Investors’ Perceptions Of The Auditor’S Role In Financial Statement Reporting: The Impact Of Sas No. 58, Anne Kelly

Anne Kelly

This paper describes the results of a study which examined the impact of the new SAS No. 58 auditor's report on users' perceptions regarding the message being conveyed by this report. One hundred financial statement users, 50 bankers and 50 investors, participated in this study. The purpose was to test the hypotheses that the wording revisions would increase understandability and have no effect on the level of responsibility assumed by auditors. The results indicate that understandability was significantly increased regarding the purposes of the audit and the responsibility of management for the financial statements. The wording changes did not alter …

Go to article

Value Of Children In Compensation For Wrongful Death, William Rieber, Euston Quah Dec 1988

Value Of Children In Compensation For Wrongful Death, William Rieber, Euston Quah

William Rieber

The purpose of this paper is primarily to offer an economic perception of the loss involving the wrongful death of children. Unfortunately, little or no attention thus far has been directed to the question of what ought to be the basis of compensation, and many of the sums awarded by courts do not bear any relation to the value of the child that is lost.

Go to article