The accounting statements of global financial institutions and the recent crisis

Author(s):

Gilad Livne

 et al.
Topic:
Accounting
Industry:
Banking

The paper looks at major issues associated with accounting policies and standards which affected the banking sector.

Updated: 20/10/2011
Comments:
Views: 5,783

Investor reaction to mutual fund performance: evidence from UK distribution channels

Author(s):

Aneel Keswani

Industry:
Banking

Investor reaction to mutual fund performance conditions the behavior of mutual fund managers and fund complexes and thus has widely reaching ramifications for the trading of assets worldwide.

Updated: 01/01/2015
Comments: 14
Views: 8,712

Beyond the firm: a new way of looking at professional service firms

Professional service firms hold a particular significance for organisational scholars. This is partly to do with the critical position that they occupy in the economic, social, and political realms, and partly because any developments in professional service firms can have far-reaching implications for the study of organisations more generally.

Updated: 22/09/2011
Comments:
Views: 5,859

It's just a stage you’re going through

Partnership or corporation? Private or public? Adhocracy or professional bureaucracy? It is very easy to think of the governance of professional service firms in terms of these simple dichotomies.

Updated: 22/09/2011
Comments:
Views: 5,736

Downside risk and the size of credit spreads

We use a panel of investment-grade corporate bonds to investigate why credit spreads are so much larger than expected losses from default. We begin by confirming that systematic factors contribute very little to spreads, even if higher moments or downside effects are incorporated.

Updated: 24/10/2011
Comments:
Views: 7,487

The flow-performance relationship around the world

We use a new dataset to study how mutual fund flows depend on past performance across 28 countries. We find that flows are convex in past performance creating an incentive for managers to take excessive risk.

Updated: 24/10/2011
Comments:
Views: 7,570

Ending compulsory annuitisation: what are the consequences?

The report highlights the consequences of the Government's proposal to end the requirement for pension scheme members to purchase annuities by the age of 75.

Updated: 10/02/2017
Comments: 7
Views: 13,130

Inferential theory for heterogeneity in large non-stationary panels

Author(s):

Lorenzo Trapani

Topic:
Finance
Industry:
Banking

This paper provides an estimation and testing framework to assess the presence and extent of slope heterogeneity when the units are a mixture of spurious and/or cointegrating regressions.

Updated: 24/10/2011
Comments:
Views: 5,220

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: 6,156