With Brazil’s role as a lead nation among emerging markets, the field of cross-cultural management becomes a key contributor to the interactions between Brazilian and American business persons. This study uses a model of national cultural value differences based primarily on the findings of...

In this paper, we examine firms with established profitability that suddenly experience financial distress and subsequently return to a profitable position. Our interest lies in the speed with which a firm reverses from a loss position to a position of income and we focus on the duration of time...

Research in the area of financial distress often uses proportional hazards models to determine the influence of covariates on the duration of time that precedes financial distress. A critical issue in the use of a proportional hazards model is the use of time-invariant and time-dependent...

In 1999, the Financial Accounting Standards Board proposed changes in the accounting for business combinations and intangibles that would significantly increase the level of goodwill amortization in corporate income statements. In an effort to make goodwill accounting more transparent, the...

Event history analysis is a statistical method concerned with the study of events and the substantive processes that govern the occurrence and timing of events. Many research studies focusing on events use qualitative response models such as probit or logistic regression and typically examine...

Researchers in financial accounting often use qualitative response models in choice-based empirical research. Most of this research relies on the familiar techniques of dichotomous probit or logistic regression. Only a limited amount of this research uses n-chotomous qualitative response models...

Purpose – To determine the relationship among covariates used in financial distress studies. Design/methodology/approach – The study selects four specific bankruptcy studies and employs canonical correlation analysis to determine the relationship among the different variable sets that these...

Purpose – To determine the relationship among covariates used in financial distress studies. Design/methodology/approach – The study selects four specific bankruptcy studies and employs canonical correlation analysis to determine the relationship among the different variable sets that these...

This special issue of the Review of Finance and Accounting presents six papers which use survival analysis as a research method to examine a wide range of research questions in accounting, economics, and finance. Although researchers have increased their use of survival analysis as a research...