...Fang Zhao; Abhijit Barua; Jung Hoon Kim Purpose The purpose of this study is to examine the effect of consolidating off-balance sheet entities on firm-level investment efficiency. Financial Accounting Standards Board Interpretation No. 46, consolidation of variable interest entities...

... long-term investment opportunities is to use the NPV rule. However, as illustrated in this note, in many important situations where information search is crucial to investment choice, the NPV rule will not lead to efficient investment decisions. Investment NPV Information search Investment...

...Nhut (Nick) Hoang Nguyen; Thu Phuong Truong Purpose This paper aims to apply the pitching research template developed by Faff ( 2015 , 2016) to a research project on regulatory enforcement, financial reporting quality and investment efficiency. Design/methodology/approach The authors begin...

... Unit trusts Portfolio investment Islamic mutual funds Data envelopment analysis Investment efficiency As of April 2010, Muslims represented almost 21 percent of the world's population with an estimated of more than USD 800 billion to invest, which is growing at 15 percent annually (Girard...