Accounting

A sequential pricing framework for corporate securities:The case of rating-trigger step-up/-down bonds
We develop a sequential pricing framework in a continuous time cash flow model allowing for repeated valuation of different cash flow claims. One claim is valued until a prespecified boundary is hit, which is subsequently used as the new valuation starting point for the next claim. This highly flexible pricing framework is applied to the pricing of rating-trigger step-up/-down corporate bonds, ...


Participation in budgeting: A critical anthropological approach
Accounting researchers adopting structural and post-structural interpretive approaches have long criticized mainstream assumptions about the enduring economic aspects of accounting systems, highlighting their roles in reflecting and shaping social realities that are contradictory, diverse, and changing. The paper aims to develop this critique by inquiring empirically and philosophically into th...
An Analytical Study of the Facebook Content Management Strategies of Dominos India
This paper attempts to take a dive into the Facebook marketing approaches and tactics of Dominos India. With this paper, there has been an effort to analyse the content at the Facebook page of Dominos, while trying to figure out which kind of content was able to build more relationship with the consumers on the basis of number of likes, shares and comments. A relationship between the aforementi...


Exploring the Relationship Between Mode of Operation and Performance of Support Teams in Telecommunication Companies
Whereas previous studies have attempted to investigate the correlation between mode of operation (virtual versus face-to-face) and team performance, these studies have been primarily focused on project management and distance learning. However, few studies, if any, have addressed the performance of virtual teams carrying complex technical support tasks in telecommunication companies. The primar...
The Relationship Between Islamic Religion and Ethical Leadership
Empirical research on how Islam influences leaders' behaviours and business practices is not easily available. The separation of church and state has never been an Islamic precept; therefore, this paper investigates how Islamic religion affects ethical leadership amongst Kuwait's private sector leaders. Using a constructionist approach within which 40 leaders from Kuwaiti private sector organis...


ICT and Economic Growth
Technological progress is a significant factor that drives economic growth. One of the most visible evidence of modern technological progress is Information and Communication Technology (ICT). In this paper we examine the importance of ICT in the context of economic growth. Based on the availability of data a group of 12 MENA economies (including GCC countries) are included in the study for the...
Exploring the Influence of a Salesperson's Selling Approach on Buyer-Seller Relationship Outcomes
It is widely recognized that a salesperson's selling approach is of crucial importance to buyer-seller relationship development. This study examines the influence of a salesperson's selling approach on buyer-seller relationship outcomes. A model was developed and tested via structural equation modeling (SEM). Data collected from a dealership network in the blue jeans industry was used to test t...

The International Integrated Reporting Council: A story of failure
This paper traces the history of the International Integrated Reporting Council (IIRC) over the four years since its formation in 2010. The paper demonstrates that, on its foundation, the IIRC's principal objective was the promotion of sustainability accounting. The IIRC's current approach to sustainability is analyzed on the basis of the Framework which it issued in December 2013. The paper ar...
El éxito de los procesos de fusión en el mercado de auditoría: el caso de PriceWaterhouseCoopers
Este trabajo ofrece evidencia sobre el resultado de la fusión de Price Waterhouse y Coopers Lybrand respecto a 2 de los objetivos que pretendían alcanzarse con la operación empresarial, como son el crecimiento de la nueva compañía en términos de cifra de negocios y el aumento de la cuota de mercado. El estudio, aplicando metodología utilizada en trabajos anteriores, comprende el periodo ...

Contabilidad del impuesto sobre beneficios y resultado global: relevancia valorativa en el mercado financiero español
La contabilidad del impuesto sobre beneficios ha sido un tema profusamente tratado en la literatura académica y que actualmente se encuentra a la espera de un borrador para su reforma en el seno del International Accounting Standard Board (IASB). Por otro lado, a pesar de que la normativa contable se ha orientado hacia un reconocimiento del efecto impositivo en base a diferencias temporarias, ...
Changes in the Value Relevance of Goodwill Accounting Following the Adoption of IFRS 3
This study examines the value relevance effects of changes in goodwill accounting in a European setting. International Financial Reporting Standard (IFRS) 3 replaced accounting rules that emphasized goodwill amortization over short useful lives which kept goodwill balances low. Goodwill accounting under IFRS 3 largely relies on manager fair value estimates of acquired business units. Using Swed...

Management control systems and organisational learning: the effects of design and use
This paper presents a study on relationships between the design of management control systems (MCS), the use of MCS and organisational learning (OL). This study adopted a survey method. A written questionnaire was prepared and mailed out to collect quantitative data. After analysis of the empirical results, follow-up interviews were conducted to develop a deeper understanding of the empirical r...
The joint effects of management incentive and information precision on perceived reliability in fair value estimates
The main criticism of fair value accounting has been its lack of reliability perceived by investors. In this study we examine whether a less precise (or imprecise) estimate may increase investors’ confidence and improve investors’ perceptions of fair value reliability. We use a 2X3 randomized experiment where we manipulate management incentive and information precision. The results from thi...
Impact of firm-specific characteristics on managers’ identity disclosure
This paper examines the impact of firm-specific characteristics on managers' identity disclosure in the GCC region. Research data were collected from 2010 annual reports and financial statements of 403 listed firms in the GCC countries. The data were analyzed by multiple regression models. We document evidence suggesting that managers’ identity is significantly disclosed by firms that separat...
Market-to-book ratio and conditional conservatism: firms’ voluntary expensing of employee stock options
This paper seeks to examine the relationship between firms’ decisions to expense employee stock options (ESOs) under the voluntary period of SFAS 123 and their market-to book (MTB-1) ratio and conditional conservatism. Conservatism is chosen because, even though expensing of ESOs is a conservative accounting treatment, it is not obvious how the decision would be related to the MTB-1 ratio and...