Prior research documents that US firms write off large in-process research and development charges (IPRD) for acquisitions, possibly overstating the current period expense to inflate future earnings. Consequently, in 1998, the US Securities and Exchange Commission (SEC) began scrutinizing IPRD...

In this paper we show that the FASB Conceptual Framework stipulates two mutually conflicting definitions of relevance. Both the original FASB Concepts Statement No. 2 of May 1980 and the IASB/FASB Exposure Draft of May 2008 define relevance as the pertinence of the selected economic phenomenon...

Security of corporate assets has become a major concern for many companies. The protection of tangible assets costs US companies nearly $30 billion a year. But is the true value of these companies being protected? Intangible assets are integral to the value of a company, yet little is done to...

This article formally defines the construct of esprit de corps and develops propositions which explain how it emerges in individuals and impacts on individual and group level behavior. Building from social exchange theory and Jones and James (1979) framework, we propose the premise that an...