CGN: Disclosure & Accounting Decisions (Topic)最新文献_第10页

Credit Derivatives: CDSs and Value’s Firms; Effect on Financial Statements 信用衍生品:信用违约掉期与价值公司对财务报表的影响

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-10-08 DOI: 10.2139/SSRN.1940716

A. Azami

引用次数: 1

Management Disclosures on Internal Control in Annual Reports - A Study on Banking Sector: Bangladesh Perspective 年度报告内部控制的管理层披露——以孟加拉银行业为例研究

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-09-23 DOI: 10.5539/IJEF.V3N5P216

A. Saha, S. Arifuzzaman

引用次数: 6

Does the Enron Case Study Provide Valuable Lessons in the Early Detection of Corporate Fraud & Failure? 安然案例研究是否为早期发现公司欺诈和失败提供了宝贵的经验教训?

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-08-06 DOI: 10.2139/ssrn.1906045

Baitshepi Tebogo

{"title":"Does the Enron Case Study Provide Valuable Lessons in the Early Detection of Corporate Fraud & Failure?","authors":"Baitshepi Tebogo","doi":"10.2139/ssrn.1906045","DOIUrl":"https://doi.org/10.2139/ssrn.1906045","url":null,"abstract":"The company that came to be known as Enron underwent an extensive transformation in terms of name, and scope of activities. By the time of its collapse, it had a massive number of subsidiaries and was considered one of the most successful companies in the world partly because financial analysts were not paying attention to the very basic financial metrics. The large size and, until 2001, exquisite reputation of Enron appeared to have made financial analysts and other investigators lax and devoid of vigilance when it came to scrutinising its financial performance. However, several financial analysis done after the demise of Enron showed that its collapse could have been predicted much earlier. In this paper, the Beneish ratios, the Modified Altman Z-Score, Chanos Algorithm and the Grove and Cook ratios have all shown that the Enron collapse was predictable, had analysts done what they were supposed to do and not considered the company to be too big to fail. The Enron case study also highlights the importance of qualitative analysis in reviewing corporate performance, which as things turned out was instrumental in drawing the public’s attention to the company’s dubious accounting practices.","PeriodicalId":355269,"journal":{"name":"CGN: Disclosure & Accounting Decisions (Topic)","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129536519","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: 5

Audited Financial Reporting and Voluntary Disclosure as Complements: A Test of the Confirmation Hypothesis 审计财务报告与自愿披露互为补充:确认假设的检验

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-06-30 DOI: 10.2139/ssrn.1626195

R. Ball, Sudarshan Jayaraman, Lakshmanan Shivakumar

引用次数: 400

Strategic Revelation of Differences in Segment Earnings Growth 分部盈利增长差异的战略启示

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-05-18 DOI: 10.2139/ssrn.1081708

Qian Wang, Michael L. Ettredge, Y. Huang, Lili Sun

引用次数: 40

Managers’ Segment Financial Reporting Choice: An Analysis Of Firms’ Segment Reconciliations 管理者的部门财务报告选择:企业部门对账分析

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-05-13 DOI: 10.2139/ssrn.1804463

E. Alfonso, Dana Hollie, S. Yu

{"title":"Managers’ Segment Financial Reporting Choice: An Analysis Of Firms’ Segment Reconciliations","authors":"E. Alfonso, Dana Hollie, S. Yu","doi":"10.2139/ssrn.1804463","DOIUrl":"https://doi.org/10.2139/ssrn.1804463","url":null,"abstract":"Under SFAS No. 131, a company is required to provide a reconciliation of the total of the reportable segments’ profit or loss to the firm’s consolidated income. This paper investigates these segment disclosures and related determinants of managers’ segment financial reporting choices. We focus on managers’ decisions to report segment-to-firm level reconciliations (i.e., segment reconciliations (SERs)) – differences between firm-level and aggregated segment-level earnings. On average, we find that SERs are significant when the differences are not equal to zero. Firms with higher agency costs and greater accruals are less likely to report segment reconciliations. However, firms that have a greater number of segments, larger firms, and firms with higher leverage, losses, and greater earnings volatility are more likely to report SER≠0. Consistent with managers having some segment reporting discretion, our overall findings suggest a manager’s segment reporting choice is partly driven by agency costs. Interestingly, among firms with reported segment reconciliations, firms with higher agency costs are more likely to report positive SERs. Consequently, this study documents a relation between proxies for agency costs and managers’ decisions to report segment reconciliations. Policy implications and suggestions for future research are discussed in the paper.","PeriodicalId":355269,"journal":{"name":"CGN: Disclosure & Accounting Decisions (Topic)","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125312451","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: 15

Are Polish Public Companies 'Cooking the Books'? The Evidence from Annual Earnings Thresholds 波兰上市公司是否在做假账?来自年收入阈值的证据

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2011-03-21 DOI: 10.19030/IBER.V10I3.4104

J. Welc

{"title":"Are Polish Public Companies 'Cooking the Books'? The Evidence from Annual Earnings Thresholds","authors":"J. Welc","doi":"10.19030/IBER.V10I3.4104","DOIUrl":"https://doi.org/10.19030/IBER.V10I3.4104","url":null,"abstract":"Earnings management erodes the usefulness of financial statements, because the typical result of “cooking the books” is the occurrence of “earnings bubble” that bursts sooner or later, causing stock price to dive. This paper explores the presence of earnings management in the case of companies listed on the Warsaw Stock Exchange in 2000-2009 period. We used the methodology based on two earnings thresholds: the negative / positive annual earnings threshold and the threshold between the decrease / increase of annual earnings. The research found that there is unusually low number of observations with the net margin between -1,5% and 0% and unusually high number of observations with the net margin between 0% and 2%, which suggests that companies with unmanaged earnings just below zero boost those earnings to the levels just above zero. The research also confirmed (although less strongly than in the case of negative / positive net margin threshold) the earnings management around zero earnings growth, which suggests that companies with unmanaged earnings that would show the small decline y/y boost those earnings in order to report the positive growth at the level just above zero.","PeriodicalId":355269,"journal":{"name":"CGN: Disclosure & Accounting Decisions (Topic)","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127613774","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: 6

Information Disclosure Influence on Investment Activity of Russian Public Companies 信息披露对俄罗斯上市公司投资行为的影响

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2010-12-20 DOI: 10.2139/ssrn.1584103

V. Udaltsov

引用次数: 0

Investment Opportunity Set, Accounting Policy, and Discretionary Accruals 投资机会集，会计政策，和可自由支配的应计利润

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2010-11-30 DOI: 10.2139/ssrn.1762816

H. Chaibi, Abdelwahed Omri, Samir Trabelsi

引用次数: 0

Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets 新兴市场民营企业财务报告质量与投资效率

CGN: Disclosure & Accounting Decisions (Topic) Pub Date : 2010-11-02 DOI: 10.2139/ssrn.1635425

Feng Chen, Ole‐Kristian Hope, Qingyuan Li, Xin Wang

引用次数: 783