European real estate market convergence

Author(s):

Stephen Lee

 et al.

This paper uses the concepts of Beta-convergence and Sigma-convergence to evaluate empirically the hypothesis of rent and yield convergence in seven European office markets during the period 1982-2009.

Updated: 24/10/2011
Comments:
Views: 6,843

On bootstrapping panel factor series

Author(s):

Lorenzo Trapani

Industry:
Banking

This paper studies the asymptotic validity of the bootstrap for nonstationary panel factor series.

Updated: 24/10/2011
Comments:
Views: 5,282

Firm incentives, institutional complexity and the quality of “harmonized” accounting numbers

Author(s):

Helena Isidro

 et al.
Topic:
Accounting
Industry:
Any Industry

This study attempts to separate influences of accounting standards from those of financial reporting incentives on the quality of accounting numbers.

Updated: 20/10/2011
Comments:
Views: 6,007

Monitoring of IFRS by the SEC: correspondence letters sent to foreign registrants reporting using IFRS

Author(s):

Helena Isidro

 et al.
Topic:
Accounting
Industry:
Any Industry

This research reports on the frequency of SEC investigation of foreign listed companies that release financial reports using IFRS.

Updated: 20/10/2011
Comments:
Views: 6,807

Value driving activities in Euro-zone banks

Author(s):

Helena Isidro

 et al.
Topic:
Accounting
Industry:
Banking

The paper develops and tests accounting-based valuation models for commercial banks. Based on Begley et al. (2006) framework we propose a valuation model where goodwill is generated by virtually all commercial and investment banking activities.

Updated: 21/10/2011
Comments:
Views: 6,050

Stochastic processes induced by Dirichlet (B-) splines: modelling multivariate asset price dynamics

We consider a new class of processes, called LG processes, defined as linear combinations ofindependent gamma processes. Their distributional and path-wise properties are explored by following their relation to polynomial and Dirichlet (B-) splines. In particular, it is shown that the density of an LG process can be expressed in terms of Dirichlet (B-) splines, introduced independently by Ignatov and Kaishev (1987, 1988, and 1989) and Karlin et al. (1986).

Updated: 22/09/2011
Comments:
Views: 6,263

M&A in recovery: new studies from Cass' M&A research centre

The M&A Research Centre at Cass Business School blends academic expertise with know-how and experience from practitioners to produce rigorous and relevant research in the area of global acquisitions, mergers and corporate restructurings.

Updated: 29/01/2013
Comments:
Views: 11,219

The changing face of women managers in Taiwan

Following our earlier pieces on women managers across parts of Asia generally and the specific cases of their situations in China and Kong Kong, Japan., Malaysia, Singapore, and South Korea, here we continue our geographical tour around the region with the example of Taiwan, another North East Asian economy.

Updated: 21/10/2011
Comments:
Views: 6,426

The accounting statements of global financial institutions and the recent crisis

Author(s):

Alistair Milne

Topic:
Accounting
Industry:
Banking

The paper looks at major issues associated with accounting policies and standards which affected the banking sector in the run-up to the financial crisis.

Updated: 21/10/2011
Comments:
Views: 5,452