Format:
1 online resource (376 pages)
ISBN:
9789812772824
Series Statement:
Advances in Quantitative Analysis of Finance and Accounting Ser. v.4
Content:
News Professor Cheng-Few Lee ranks #1 based on his publications in the 26 core finance journals, and #163 based on publications in the 7 leading finance journals (Source: Most Prolific Authors in the Finance Literature: 1959-2008 by Jean L Heck and Philip L Cooley (Saint Joseph's University and Trinity University). Advances in Quantitative Analysis of Finance and Accounting is an annual publication to disseminate developments in the quantitative analysis of finance and accounting. The publication is a forum for statistical and quantitative analyses of issues in finance and accounting as well as applications of quantitative methods to problems in financial management, financial accounting, and business management. The objective is to promote interaction between academic research in finance and accounting and applied research in the financial community and the accounting profession. The papers in this volume cover a wide range of topics including earnings management, management compensation, option theory and application, debt management and interest rate theory, and portfolio diversification. Sample Chapter(s). Chapter 1: Real Option Based Equity Valuation Models: An Empirical Analysis (1,378 KB). Contents: Real Option Based Equity Valuation Models: An Empirical Analysis (A W Richardson et al.); Firm Performance and Compensation-Based Stock Trading by Corporate Executives (Z Iqbal); Management Compensation, Debt Contract, and Earnings Management Strategy (C-L Lee & V W Liu); Risky Debt-Maturity Choice under Information Asymmetry (S Liu & C Wu); Estimated Operating Cash Flow. Reported Cash Flow from Operating Activities, and Financial Distress (T J Ward et al.); Earnings Surprise and the Relative Information Content of Short Interest (J Mercado-Mendez et al.); Group Types and Earnings Management (M-J Shiue et al.); A Bayesian Approach for Testing
Content:
Intro -- Contents -- Preface to Volume 4 -- List of Contributors -- Chapter 1 Real Option Based Equity Valuation Models: An Empirical Analysis -- 1. Introduction -- 2. Background and Prior Research -- 3. Real Option Based Equity Valuation Models -- 4. Sample and Variables -- 5. Analyses and Results -- 6. Financial Management Considerations -- 7. Loss Firms -- 8. Conclusions and Limitations -- Appendix A. Some Basic Properties of Options -- Appendix B. Reconciling the Apparent Negative Earnings Anomaly -- References -- Chapter 2 Firm Performance and Compensation-Based Stock Trading by Corporate Executives -- 1. Introduction -- 2. Data and Sample -- 3. Empirical Results -- 4. Conclusions and Discussions -- Appendix A -- Appendix B -- Appendix C -- References -- Chapter 3 Management Compensation, Debt Contract, and Earnings Management Strategy -- 1. Introduction -- 2. The Basic Model -- 3. Earnings Management Strategy and Debt Covenants -- 4. Conclusions -- References -- Chapter 4 Risky Debt-Maturity Choice under Information Asymmetry -- 1. Introduction -- 2. The Model -- 3. Debt-Market Equilibrium -- 4. Numerical Examples -- 5. Conclusions -- Appendix A -- Acknowledgements -- References -- Chapter 5 Estimated Operating Cash Flow, Reported Cash Flow from Operating Activities, and Financial Distress -- 1. Introduction -- 2. Motivation for Study and Relevant Prior Literature -- 3. Research Methods -- 4. Statistical Results -- 5. Conclusion -- 6. Acknowledgment -- References -- Chapter 6 Earnings Surprise and the Relative Information Content of Short Interest -- 1. Introduction -- 2. Data -- 3. Methodology and Results -- 4. Conclusions -- References -- Chapter 7 Group Types and Earnings Management -- 1. Introduction -- 2. Institutional Background -- 3. Literature Review -- 4. Hypothesis Development and Research Design -- 5. Empirical Results.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
9789812700216
Additional Edition:
Erscheint auch als Druck-Ausgabe 9789812700216
Language:
English
