... Bull and bear markets Hedging Financial management Traditional asset allocation, which includes only equity and bonds, is no longer considered the state‐of‐the‐art. Nowadays, to build a portfolio that will enhance the risk/return profile, it is necessary to consider alternative investments...

... Emerald Group Publishing Limited 2010 United States of America Legislation Financial reporting Financial management Investors The market reaction to either pro forma (PF) earnings or GAAP earnings depends, in part, on the way information is processed by market participants. Fama...

... Convertible bonds Organizational earnings Financial management Taiwan If firms have valuable investment opportunities, they will raise funds from many channels. Based on the pecking order theory, firms prefer internal to external financing, and debt to equity, if they issue securities (Myers, 1984...

... Emerald Group Publishing Limited 2007 Auditors Financial management Bankruptcy This paper analyzes the ability of auditors to constrain a client's efforts to manage earnings through the manipulation of discretionary accruals (DAs). By focusing on the discretionary accounting accruals...

... to standard setters who continue to apply the financial‐components approach for securitizations and for other transactions involving financial instruments. Flora Niu can be contacted at: fniu@wlu.ca © Emerald Group Publishing Limited 2007 Stock markets Financial management Assets valuation...

... is one. On the other hand, set Y contains some, but not all, of the elements of set X. The redundancy coefficient of set X will be between zero and one. © Emerald Group Publishing Limited 2006 Financial management Bankruptcy Variance Interest...