ERN: International Finance (Topic)最新文献_第5页

A Study of International Financial Reporting Standards (IFRS) Implementation in Indonesia: The Preparers’ Perspectives 国际财务报告准则(IFRS)在印度尼西亚实施的研究:编制人的视角

ERN: International Finance (Topic) Pub Date : 2016-01-12 DOI: 10.35609/GJBSSR.2016.4.1(5)

A. Bahari, Suhernita, Vira Luthan, Efa Yonnedi

{"title":"A Study of International Financial Reporting Standards (IFRS) Implementation in Indonesia: The Preparers’ Perspectives","authors":"A. Bahari, Suhernita, Vira Luthan, Efa Yonnedi","doi":"10.35609/GJBSSR.2016.4.1(5)","DOIUrl":"https://doi.org/10.35609/GJBSSR.2016.4.1(5)","url":null,"abstract":"Objective – This study is intended to explore the factual information; cost of implementation; general impact of implementation; progress to date; operational and strategic decision taken by management; implementation and impact of individual standards; and general other related to IFRS implementation in Indonesia by comparing before and after IFRS implementation. \u0000Methodology/Technique – Data were collected by using content analysis from annual reports of manufacturing companies listed in the Indonesian Stock Exchange and analysed by using SPSS. \u0000Findings – Statistical analysis showed that in Indonesia, the average number of pages that reveal category of operational and strategic decision taken by management; implementation and impact of individual standard; and general other differ between before and after the implementation of IFRS, but not for factual information and general impact of information. In addition, there is a significant difference in the average of number of listed manufacturing companies report category of progress to date; operational and strategic decision taken by management; and general other between before and after the implementation of IFRS-based Financial Statements. \u0000Novelty – Findings of this research can serve as a guideline for companies in Indonesia and other developing countries in implementing the IFRS. The findings will also contribute to the knowledge and application of Financial Accounting System and Accounting Theory. \u0000Type of Paper: Empirical.","PeriodicalId":381709,"journal":{"name":"ERN: International Finance (Topic)","volume":"1986 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130503562","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

Capital Flows, De Jure vs. De Facto Financial Openness 资本流动:法律上的vs.事实上的金融开放

ERN: International Finance (Topic) Pub Date : 2015-11-10 DOI: 10.2139/ssrn.2688584

G. Bush

{"title":"Capital Flows, De Jure vs. De Facto Financial Openness","authors":"G. Bush","doi":"10.2139/ssrn.2688584","DOIUrl":"https://doi.org/10.2139/ssrn.2688584","url":null,"abstract":"This paper analyzes the relationship between de jure financial openness, and de facto financial openness. I use the Chinn-Ito index to proxy a country's legal arrangements regarding external transactions, and examine its relationship to actual realized international capital flows of various types and direction. I use a long panel, from 1980 until the start of global financial crisis, and include a large group of developed and developing countries. Linear panel data estimation methods, and two other regression models are used to explicitly examine the interaction of country attributes with policy. The first model uses interaction terms between legal financial openness and financial development or institutional quality to gauge whether these development attributes amplify or dampen the effect of legal opening on realized flows. The second model uses dummy variables for country sub-groups to assess whether threshold levels of development are important. I find that in general the relation between legal openness and realized international financial flows is weak. Some assets do respond to policy, others seem unaffected. In particular, the relationship is more powerful for financially developed countries. Using time series econometric methods to further investigate the connection between financial openness, domestic financial development and international financial integration, I look at the bank lending rate for five Asian economies. Rather than parity or convergence, I examine variance decompositions to assess the proportion of outside influence on domestic lending rates. The experience of Japan, South Korea and Indonesia support the conclusions arising from the panel analysis that greater financial development enhances integration.","PeriodicalId":381709,"journal":{"name":"ERN: International Finance (Topic)","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131699664","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: 2

What Determines Purchasing Power Parity Exchange Rates? 什么决定购买力平价汇率?

ERN: International Finance (Topic) Pub Date : 2015-09-15 DOI: 10.2139/ssrn.2671574

A. Gelb, Anna Diofasi

{"title":"What Determines Purchasing Power Parity Exchange Rates?","authors":"A. Gelb, Anna Diofasi","doi":"10.2139/ssrn.2671574","DOIUrl":"https://doi.org/10.2139/ssrn.2671574","url":null,"abstract":"In an effort to provide a better understanding of the large variation in price levels between countries, we report on a cross-country analysis of national price levels, using Purchasing Power Parity (PPP) data on 168 economies from the most recent 2011 round of the International Comparison Program (ICP). PPPs are used for many purposes, including to set international poverty lines and allocate IMF quotas. The well-known Balassa-Samuelson income effect is not the only factor affecting PPPs, particularly for low- and middle income countries. Structural and policy factors make a difference. Small island states are relatively costly for their income level as are sparsely populated countries. Countries with large subsidy programs – as measured by fuel subsidies – tend to have lower price levels than predicted on the basis of income. More open labor policies – as measured by a higher share of migrants in the labor force – are associated with lower price levels in higher-income countries. The proposition that very poor governance is associated with both low income and high prices receives some modest support. Aid inflows and a negative current account balance are correlated with higher price levels (the latter less strongly), but FDI and remittances are not. We also observe a strong association between inequality and higher price levels, which provides some support for the proposition that the ICP may over-weight globally comparable goods. Our results confirm the tendency for African countries to be more expensive than countries with similar incomes in other parts of the world. We fail to fully explain this phenomenon but offer a number of explanations that together could account for it, including low agricultural productivity. Finally, we confirm the relationship between low PPP price levels and greater competitiveness in manufactures, especially for low and middle-income countries.","PeriodicalId":381709,"journal":{"name":"ERN: International Finance (Topic)","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124763761","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: 13

On Remittances, Foreign Currency Exposure and Credit Constraints: Evidence from Nepal 关于汇款、外汇风险和信贷约束:来自尼泊尔的证据

ERN: International Finance (Topic) Pub Date : 2014-11-24 DOI: 10.2139/ssrn.2529862

N. Maskay, Sven Steinkamp, F. Westermann

引用次数: 2

Currency Exposure to Downside Risk: Which Fundamentals Matter? 货币面临下行风险:哪个基本面重要?

ERN: International Finance (Topic) Pub Date : 2014-11-18 DOI: 10.1111/roie.12174

V. Dobrynskaya

引用次数: 3

Foreign Exchange Intervention and Monetary Policy: A Tale of Two Agencies with Conflicting Objectives 外汇干预与货币政策:两个目标冲突的机构的故事

ERN: International Finance (Topic) Pub Date : 2014-11-01 DOI: 10.1111/roie.12153

Val E. Lambson, S. Takagi, Issei Kozuru

引用次数: 0

FDI and Income Inequality - Evidence from Latin American Economies 外国直接投资与收入不平等——来自拉丁美洲经济体的证据

ERN: International Finance (Topic) Pub Date : 2014-11-01 DOI: 10.1111/rode.12118

D. Herzer, P. Hühne, Peter Nunnenkamp

引用次数: 106

Option-Implied Currency Risk Premia 期权隐含货币风险溢价

ERN: International Finance (Topic) Pub Date : 2014-10-15 DOI: 10.2139/ssrn.2338585

Jakub W. Jurek, Zhikai Xu

引用次数: 31

In Lands of Foreign Currency Credit, Bank Lending Channels Run Through? 外币信贷遍地，银行贷款渠道畅通?

ERN: International Finance (Topic) Pub Date : 2014-10-01 DOI: 10.2139/ssrn.2507688

S. Ongena, I. Schindele, Dzsamila Vonnák

引用次数: 50

A New Assessment of the Chinese RMB Exchange Rate 对人民币汇率的新评估

ERN: International Finance (Topic) Pub Date : 2014-09-01 DOI: 10.2139/ssrn.2316082

Zhibai Zhang, Langnan Chen

引用次数: 24