...Huong Dieu Dang; Michael Jolly Purpose The strong performance of New Zealand’s equity market and the Government’s efforts to encourage small investors to invest in initial public offering (IPO) firms raises two questions: should retail investors invest in IPO offers and what types of IPOs...

... The authors used the multi-factors models to examine the impact of CSR performance communication on the ex post monthly returns of three distinctly formed portfolios as well as their differential performance from 2001 to 2013 in a small economy of New Zealand. Findings The results show that SRS...

... that are experiencing financial difficulties. Originality/value This paper is the first in New Zealand to investigate the association between firm distress and managerial earnings management decisions. Recently, New Zealand experienced a spate of finance company collapses that somewhat contributes, indirectly...

...Tyrone M. Carlin; Nigel Finch; Tyrone M. Carlin; Nigel Finch Purpose This paper aims to provide evidence relating to the potential for and extent of opportunistic exercise of discretion by large Australian and New Zealand reporting entities undertaking goodwill impairment testing pursuant...

...Ajay Samant; Jarrod Kerr; Mei Qiu; Lawrence C. Rose Purpose The paper aims to investigate the long‐run performance of privatised initial public offerings (IPOs) and their effects on the New Zealand share market (NZSE) and the Australian share market (ASX). Design/methodology/approach The paper...

...Alireza Tourani‐Rad; Daniel F.S. Choi; Benjamin John Wilson Purpose The purpose of this paper is to estimate New Zealand's country level risk using a time‐varying country beta market model. Country beta is allowed to vary as a function of several macro‐economic variables, including the net...

...Michael Gordon Forward rates in the money market are systematically higher than realised spot rates, reflecting an unobservable term premium. This paper uses a Kalman filter specification to produce time‐varying estimates of the term premia in New Zealand and Australia. Three time series...

.... Accounting research Market share Exchange rates Pricing Vehicles New Zealand Japan Australia Germany United Kingdom Volume 29 Number 1 2003 55 The Effect of Exchange Rate Expectations on Market Share by Jui-Chi Huang, Department of Economics, American University, 4400 Massachusetts Avenue NW...

... at a price which will attract investors. Outlines the tax systems in Taiwan, South Korea and New Zealand and uses the model to explain why companies in the former two countries issue preference share but New Zealand firms to not. © MCB UP Limited 2002 Accounting research Financing Shares...

...Rebecca Mackenzie; Ben Kelleher; Ed Vos Refers to previous research on the reasons for takeovers, the characteristics of bidders/targets and methods of payment. Uses 1987‐1998 New Zealand data on a sample of 28 successful bidder/target pairs to analyse their growth/value relationships and methods...