This study analyses the financing decision of raising equity through a rights issue in a developing market, the Athens Stock Exchange (ASE), during a particular emerging period. Specifically, this study examines the information content of accounting items derived from published financial...

This paper examines the suitability of different accounting bases in providing useful information to support privatisation decisions of state-owned property. More specifically, a comparison is conducted between the recently adopted Greek Governmental Accounting Standards (GGAS) that follow a...

In this paper, we examine the level of information quality obtained by the end-of-the-year accrual financial statements of Greek municipalities in terms of accounting principles compliance. The level of compliance is measured by two alternative compliance indices developed on the basis of data...

The goal of this paper is to build an operational model for evaluating the financial viability of local municipalities in Greece. For this purpose, a multicriteria methodology is implemented combining a simulation analysis approach (stochastic multicriteria acceptability analysis) with a...

Purpose – The proponents of balanced scorecard (BSc) claim that lead factors interrelate and their improvement ultimately leads to increased financial performance. The purpose of this paper is to use the underlying hypotheses of BSc in order to assess whether improvements that relate to...

In this paper we develop a simple, flexible and adaptable pricing model for NRNs offering best effort services, taking into account the specific characteristics of these networks which differentiate them from those of the commercial ISPs, such as congestion patterns, cost sharing and government...

Cash figures still constitute the main basis for performance assessment and resource allocation decisions in the Greek public sector even though accrual accounting information is available. The scope of this paper is to compare accrual accounting and cash accounting figures in order to assess...

The present study is an attempt to examine the impact of the IFRS adoption on management accounting. More specifically, we aim to explore the internal reporting methods, the management accounting practices and techniques, as well as the implications on decision making and the interaction between...

Purpose – The purpose of this paper is to explore the coexistence of cash accounting and accrual accounting systems through an investigation of the roles they fulfill in Greek municipalities. Design/methodology/approach – The survey results are based on the answers of the financial...