{"title":"Investing in Canadian Senior Housing Companies: Chartwell, Sienna, and Extendicare*","authors":"Alisher Mansurov, Marc Pilon","doi":"10.1111/1911-3838.12375","DOIUrl":null,"url":null,"abstract":"<p>This case study is designed to enhance students' analytical thinking skills by presenting broad financial and nonfinancial information on three publicly traded Canadian senior housing companies. The focus is on students' ability to use the provided financial data and ratios for assessing financial performance and performing a valuation analysis in the context of the senior housing sector. The case also discusses the financial impact of the COVID-19 pandemic on the three companies, in addition to opportunities and risks for the sector going forward. The novelty of this case study also comes from the use of valuation methods that are not traditionally used in accounting-based case studies. External accounting data are used to teach students about valuation methods that are more prominently used in the finance discipline.</p>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"23 4","pages":"553-583"},"PeriodicalIF":1.6000,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3838.12375","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounting Perspectives","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/1911-3838.12375","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This case study is designed to enhance students' analytical thinking skills by presenting broad financial and nonfinancial information on three publicly traded Canadian senior housing companies. The focus is on students' ability to use the provided financial data and ratios for assessing financial performance and performing a valuation analysis in the context of the senior housing sector. The case also discusses the financial impact of the COVID-19 pandemic on the three companies, in addition to opportunities and risks for the sector going forward. The novelty of this case study also comes from the use of valuation methods that are not traditionally used in accounting-based case studies. External accounting data are used to teach students about valuation methods that are more prominently used in the finance discipline.
期刊介绍:
Accounting Perspectives provides a forum for peer-reviewed applied research, analysis, synthesis and commentary on issues of interest to academics, practitioners, financial analysts, financial executives, regulators, accounting policy makers and accounting students. Articles are sought from academics and practitioners that address relevant issues in any and all areas of accounting and related fields, including financial accounting and reporting, auditing and other assurance services, management accounting and performance measurement, information systems and related technologies, tax policy and practice, professional ethics, accounting education, and related topics. Without limiting the generality of the foregoing.