Managerial Finance: Volume 37 Issue 4

The differential information content of loss components under a conservative accounting regime

Dimosthenis Hevas, Georgia Siougle

This study aims to test empirically the validity of the accounting valuation model that is based on earnings and book values for loss‐reporting firms under a conservative…

The effects of International Financial Reporting Standards on the notes of auditors

Eleni Vrentzou

This paper attempts to combine the developments in the accounting area with those in the auditing area. More specifically, it presents the effects of International Accounting…

Individual stock market risk and price valuation: the case of Titan S.A.

Paraschos Maniatis

The purpose of this study is twofold: to test the hypothesis that the closing prices of Titan S.A. stock can be approximated by a random walk; and to valuate the risk associated…

Ownership concentration and dividend policy in Japan

Kimie Harada, Pascal Nguyen

The purpose of this paper is to test two agency‐based hypotheses regarding the effect of ownership concentration on dividend policy using a large sample of Japanese firms.

Seasoned equity offerings: stock market liquidity and duration of the completion cycle

Darshana D. Palkar, Niranjan Tripathy

Short‐term cash need plays a critical role in equity issuance decisions. Consequently, the ease with which a seasoned equity offer (SEO) is completed can have a direct effect on…