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The market valuation of the effect of the tax amortizability of purchased goodwill.

Alshinifi, Saleh H. - Florida Atlantic University

This study investigates the market valuation of the effect of goodwill tax amortization on corporate acquisitions. Specifically, the study tests whether a significant positive change exists in the market reaction to acquisitions qualifying for the Internal Revenue Code section 197. Two...

Persistent link: https://www.econbiz.de/10009431397

Do investors attach higher valuation weights to cash flow-based measures than to accrual-based measures in valuing intangible-intensive, high-technology stocks?

Al-Harbi, Abdullah D. - Florida Atlantic University

This study provides empirical evidence on the impact of high-tech firms' unrecognized intangible investments on the market valuation of cash flow and accrual amounts. In particular, this study empirically examines the different valuation weights that capital market participants attach to...

Persistent link: https://www.econbiz.de/10009431402

The value relevance of accounting numbers and the implications for international accounting standards harmonization: Evidence from Saudi Arabia and Kuwait.

Alsalman, Ahmad M. - Florida Atlantic University

This study examines whether accounting standards or institutional factors are the prime determinants of differences in … value relevance of accounting numbers across countries. The motivation for this study arises from ongoing accounting … investors support the need for comparability. Opponents, on the other hand, argue that efforts toward a common set of accounting …

Persistent link: https://www.econbiz.de/10009431406

Does leadership matter? The effects of information technology expertise on the market value and performance of a firm.

Khallaf, Ashraf A. - Florida Atlantic University

between the appointment of the new CIO and subsequent improvement in the accounting measures of profitability. Findings reveal … between the appointment of the new CIO and subsequent improvement in the accounting measures of profitability. Findings reveal …

Persistent link: https://www.econbiz.de/10009431407

The economic consequences of auditor industry specialization.

Almutairi, Ali R. - Florida Atlantic University

forecasts, thereby minimizing management's discretion in applying accounting principles and standards (Kwon 1996). This suggests … forecasts, thereby minimizing management's discretion in applying accounting principles and standards (Kwon 1996). This suggests …

Persistent link: https://www.econbiz.de/10009431416

An analysis of the impact of non-audit services on financial reporting quality: A test of two competing theories of auditor independence.

Dickins, Denise. - Florida Atlantic University

Auditor independence has been a long-standing issue for regulators resulting in numerous studies on the subject on how to enhance it and numerous rules that attempt to ensure it (e.g. Cohen Report 1978; ASR 250 1978; SEC Rule 2-01 2000). One of regulators' most recent attempts to shore up auditor...

Persistent link: https://www.econbiz.de/10009431417

The role of professional judgment in the application of United States accounting standards: An experimental study of the effect of professional judgment on financial reporting deci...

Rentfro, Randall Wesley. - Florida Atlantic University

accounting standards affects the comparability of financial reporting; (2) whether financial statement preparers exploit the … professional judgment in accounting standards in order to engage in earnings management. The study is motivated by former FASB … Chair Dennis Beresford's call for simple accounting standards which rely heavily on the exercise of professional judgment …

Persistent link: https://www.econbiz.de/10009431434

Executive stock options: The effect on discretionary accruals and earnings manipulation.

Maheshwari, Suneel Kumar. - Florida Atlantic University

My objective is to evaluate whether managers, when executive stock options (ESOs) are part of their compensation, manipulate earnings by using discretionary accruals (DAs).

Persistent link: https://www.econbiz.de/10009431473

The impact of a value-added tax on the cash flow of corporations.

Murphy, John Aloysius Daniel. - Florida Atlantic University

Advocates of a value-added tax claim VAT is superior to the existing corporate income tax (CIT) in the area of economic efficiency, i.e., tax neutrality. Since tax neutrality is a major criterion for tax policy analysis, VAT's superior allocative efficiency relative to a corporate income tax is...

Persistent link: https://www.econbiz.de/10009431477

An investigation of the relationship between public and private information: An experimental market study

Tucker, Robert Riley

Accounting policy makers determine the level of accounting disclosure and have a need to assess the effect of their … disclosure policies. Public disclosure of accounting information has a direct effect on stock price and an indirect effect …Accounting policy makers determine the level of accounting disclosure and have a need to assess the effect of their …

Persistent link: https://www.econbiz.de/10009431532