ARN Wiley-Blackwell Publishers Journals最新文献_第6页

Inter‐Temporal Changes in Analysts’ Forecast Properties Under the Australian Continuous Disclosure Regime 澳大利亚持续披露制度下分析师预测属性的跨期变化

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-12-01 DOI: 10.1111/j.1467-629X.2011.00451.x

G. Hsu, Steven Lindsay, I. Tutticci

引用次数: 11

Preparers’ Control‐Risk Assessments Under Alternative Audit‐Review Processes 在替代审计-审查程序下编制人的控制-风险评估

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-10-01 DOI: 10.1111/j.1467-629X.2011.00434.x

Gang (Henry) Wu

引用次数: 3

The Impact of Auctions on Residential Property Prices 拍卖对住宅物业价格的影响

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-09-01 DOI: 10.1111/j.1467-629X.2011.00399.x

A. Frino, M. Peat, Danika Wright

引用次数: 6

IFRS Adoption and Analysts’ Earnings Forecasts: Australian Evidence 国际财务报告准则的采用和分析师的收益预测:澳大利亚的证据

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-06-01 DOI: 10.1111/j.1467-629X.2010.00392.x

Julie Cotter, A. Tarca, Marvin Wee

引用次数: 120

Testing the Growth Option Theory: The Profitability of Enhanced Momentum Strategies in Australia 增长期权理论的检验:澳大利亚增强型动量战略的盈利能力

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-06-01 DOI: 10.1111/j.1467-629X.2011.00401.x

G. Aharoni, Tuan Ho, Qi Zeng

引用次数: 7

Quantitative Measures of Operational Risk: An Application to Funds Management 操作风险的量化度量:在基金管理中的应用

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-05-21 DOI: 10.1111/j.1467-629X.2012.00506.x

Stephen J. Brown

引用次数: 13

The First Quarter Century of the GASB (1984–2009): A Perspective on Standard Setting (Part One) 会计准则的第一个25年(1984-2009):标准制定的视角(上)

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-03-01 DOI: 10.1111/J.1467-6281.2012.00355.X

Helen M. Roybark, Edward N. Coffman, G. Previts

{"title":"The First Quarter Century of the GASB (1984–2009): A Perspective on Standard Setting (Part One)","authors":"Helen M. Roybark, Edward N. Coffman, G. Previts","doi":"10.1111/J.1467-6281.2012.00355.X","DOIUrl":"https://doi.org/10.1111/J.1467-6281.2012.00355.X","url":null,"abstract":"The Governmental Accounting Standards Board (hereafter GASB or Board) was established in April 1984 as the authoritative accounting standard‐setting body for United States state and local governmental entities. There are over 87,000 state and local entities in the country, and for the most part these entities are required to comply with the generally accepted accounting principles established by the GASB; hence, the work of the GASB is significant. On 30 June 2009, the GASB completed its twenty‐fifth year of standard setting. Because of the Board's influence and the importance of its mission, an increased understanding of the GASB and its accomplishments during its first 25 years of existence is important. This is the first of two papers which together provide a complete sequential treatment of the GASB's operational history through the end of its first quarter century. This first paper begins with an historical perspective about municipal accounting issues from colonial times to 1934. The origin of professional self‐determining standards is the feature of the next section, identifying standard‐setting bodies that contributed to municipal accounting from 1934 to 1984. The early activities of the Board are then reviewed. Two appendices are provided to detail the composition of the Board during its first quarter century, along with biographical information about the early Board members and later Chair and Vice Chair personnel. This segment concludes with a review of the relationship of other governmental standard setting bodies at the federal level and the international level.","PeriodicalId":134477,"journal":{"name":"ARN Wiley-Blackwell Publishers Journals","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122324004","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

On‐Market Share Buy‐Backs: ASX Disclosure Requirements and Compliance 市场份额回购:ASX披露要求和合规

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-03-01 DOI: 10.1111/J.1467-6281.2012.00356.X

M. Holub, Jason D. Mitchell

{"title":"On‐Market Share Buy‐Backs: ASX Disclosure Requirements and Compliance","authors":"M. Holub, Jason D. Mitchell","doi":"10.1111/J.1467-6281.2012.00356.X","DOIUrl":"https://doi.org/10.1111/J.1467-6281.2012.00356.X","url":null,"abstract":"Our paper investigates the compliance of Australian listed firms with the ASX disclosure rules for on-market share buy-backs. We find that firm compliance is reasonable for initial buy-back announcements, but poor for final buy-back notices. In the latter instance, the disclosure in the appropriate ASX notice is provided in only 53% of cases. Of significant concern is the even lower degree of final notice compliance (42%) for buy-backs tagged as having ‘unlimited’ duration. Across our total sample of 807 buy-backs, an alternative form of disclosure of buy-back completion is provided in 25% of cases, and no proper notification of either the initial announcement or the completion of the buy-back is provided in 12% of cases. In order to improve buy-back transparency, some legislative reform of the ASX rules is suggested including: discontinuing ‘unlimited duration’ buy-backs, restricting buy-back periods to a maximum of twelve months (after which a new buy-back process must be initiated), avoiding multiple simultaneous buy-backs, removing the requirement of daily buy-back notices in favour of more meaningful quarterly or monthly reports, and requiring greater disclosure in relation to foreign buy-backs.","PeriodicalId":134477,"journal":{"name":"ARN Wiley-Blackwell Publishers Journals","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128892509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Order Size, Order Imbalance and the Volatility–Volume Relation in a Bull Versus a Bear Market 牛市与熊市中的订单规模、订单不平衡和波动量关系

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-03-01 DOI: 10.1111/j.1467-629X.2011.00420.x

Marvin Wee, Joey (Wenling) Yang

引用次数: 3

Stock Market Synchronicity – An Alternative Approach to Assessing the Information Impact of Australian IFRS 股票市场同步性——评估澳大利亚国际财务报告准则信息影响的另一种方法

ARN Wiley-Blackwell Publishers Journals Pub Date : 2012-03-01 DOI: 10.1111/j.1467-629X.2010.00388.x

S. Bissessur, A. Hodgson

{"title":"Stock Market Synchronicity – An Alternative Approach to Assessing the Information Impact of Australian IFRS","authors":"S. Bissessur, A. Hodgson","doi":"10.1111/j.1467-629X.2010.00388.x","DOIUrl":"https://doi.org/10.1111/j.1467-629X.2010.00388.x","url":null,"abstract":"How has the mandatory adoption in 2005 of International Financial Reporting Standards in (IFRS) affected information flow for investors in Australia? This paper investigates impact by examining synchronicity issues. Morck et al. (2000) label the degree to which stock prices depend upon market and industry wide information as market synchronicity, and the degree to which they reflect firm specific information as idiosyncratic dependency. Increased synchronicity can signal several events, including a loss of confidence in firm specific accounting data, reduced transparency, or evidence of a greater degree of cross sectional comparability. We develop and test three theoretical models on the impact of IFRS and find a general decrease in synchronicity in the first two post‐IFRS years, followed by a reversion to a significantly higher level in later years. Further tests reveal lower analyst forecast earnings errors post‐IFRS. Results provide restrictive support for the International Accounting Standards Board contention that IFRS accounting provides higher specific and comparable information content – at least for sophisticated financial analysts.","PeriodicalId":134477,"journal":{"name":"ARN Wiley-Blackwell Publishers Journals","volume":"190 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123397184","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 47