Accounting and Business Research back issues from January 2008:
Organized Uncertainty: Designing a World of Risk Management
Jan 01, 2008; ... Organized Uncertainty: Designing a World of Risk Management. Michael Power. Oxford University Press, 2007. xviii and 248pp. ISBN 978-0-9-925394-4. £24.99. As Power notes in the preface, 'another book on risk is a risky venture for any author'. This book stands apart from others, as it is ...
Intellectual Capital Reporting: Lessons from Hong Kong and Australia
Jan 01, 2008; ... Intellectual Capital Reporting: Lessons from Hong Kong and Australia. J. Guthrie, R. Petty and F. Ricceri. The Institute of Chartered Accountants of Scotland, 2007, vii and 118pp. ISBN 978-1-904574-27-9. £15 This monograph is a further contribution to the contemporary intangibles field ...
The Routledge Companion to Fair Value and Financial Reporting
Jan 01, 2008; ... The Routledge Companion to Fair Value and Financial Reporting. P. Walton (ed.). Routledge, 2007. xviii and 404 pp. ISBN 978-0-415-42356-4. £95. This was intended as a conventional review of an edited collection of essays on a single topic, namely fair value accounting. However it has ...
Editorial Board changes
Jan 01, 2008; ... We were saddened to learn of the death of Professor Lawrence Revsine in May 2007 at the age of 64. He was the John and Norma Darling Distinguished Professor of Financial Accounting at the Kellogg School of Management, Northwestern University, where he had been a faculty member since 1971. The ...
Bankruptcy costs, leverage and multiple secured creditors: the case of management buy-outs
Jan 01, 2008; ... Abstract-Using a unique, hand-collected final dataset of 57 management buy-outs in distress, this paper analyses the determinants of bankruptcy costs under the UK's receivership regime. We show that the direct costs of receivership consume a significant percentage of the receivership proceeds, ...
UK Reporting of Intellectual Capital
Jan 01, 2008; ... UK Reporting of Intellectual Capital. Jeffrey Unerman, James Guthrie and Ludmila Striukova. ICAEW Centre for Business Performance, 2007. 68 pp. ISBN 978 1 84152 507 5. £20. This research, funded by ICAEW's Centre for Business Performance, reports the results of an empirical study of ...
Earnings quality, bankruptcy risk and future cash flows
Jan 01, 2008; ... Abstract-Prior research suggests that the quality of accruals may be compromised where the magnitude of accruals is abnormally high, due to the presence of errors in the accruals-estimation process (Dechow and Dichev, 2002; Richardson, 2003). A consequence of this is that abnormal accruals may ...
Investor relations meetings: evidence from the top 500 UK companies
Jan 01, 2008; ... Abstract-Meetings with analysts and investors are an important part of the investor relations process. I develop a two-dimensional dynamic model of investor relations and derive five research questions about investor relations with particular emphasis on investor relations meetings. To answer ...
Tax-efficient irregular payout methods: the case of B share schemes and capital repayments via a court-approved scheme of arrangement
Jan 01, 2008; ... Abstract-Advance corporation tax (ACT) increased the tax cost to UK firms of distributing cash to shareholders. We demonstrate how the tax cost arising from ACT payments affected the channels through which UK firms returned capital to shareholders. In particular, we document and describe two ...