We investigate whether the choice of valuation model affects the forecast accuracy of the target prices that investment analysts issue in their equity research reports, controlling for factors that influence this choice. We examine 490 equity research reports from international investment houses...

The primary purpose of the current study is to examine the effectiveness of three popular forensic accounting tools to detect financial statement fraud at a real US-listed firm, whose accounting practices were investigated by the US Securities and Exchange Commission (SEC). In this paper, I...

This study explores the valuation frameworks that financial analysts use to estimate the value of the firms based on their unreported intangible assets. We expect that the presence of significant volume of unreported intangible assets increases the idiosyncratic nature of a firm’s enterprise...

Research question -This paper investigates the impact that specific audit quality dimensions have upon European Union Banks' income smoothing behavior. Motivation - Although previous studies have investigated the characteristics of audit quality, little is known about the audit quality in the...

The purpose of this paper is to investigate the choices of Greek firms regarding the measurement of an item of a fixed tangible asset subsequent to its initial recognition, including impairment recognition, under IAS 16 and IAS 36 using a sample of Greek firms for the years 2005, 2007 and 2009....

The purpose of this paper is to investigate the choices of Greek firms regarding the measurement of an item of a fixed tangible asset subsequent to its initial recognition, including impairment recognition, under IAS 16 and IAS 36 using a sample of Greek firms for the years 2005, 2007 and 2009....

Abstract: This study explores whether the implementation of Management Control Systems (MCS) by the Greek shipping companies influences the adoption of their performance measurement systems and the implication of this choice on organizational performance. The study uses data collected from...

This study explores how Management Control Systems (MCS) enhance the performance of shipping companies. Based on data collected from semistructured interviews, MCS are distinguished in three categories according to the purposes they fulfill: “Basic MCS” are implemented in order to set...

This paper applies Pettigrew's 'context, content, process' model to evaluate, using a case study approach, the use of management control systems (MCS) for FDI decisions. The organisational control mix included both formal, financially quantifiable information and explicit references to the...

We explore the relation of CSR activities with SG&A cost stickiness and asymmetric sales response by using a data sample of 7.464 firm-year observations of European firms for the period 2009-2015. Our empirical findings indicate that SG&A expenses exhibit cost stickiness (anti-stickiness) in the...