... as a way to optimize the overall portfolio. © Emerald Group Publishing Limited 2013 Hedge funds Beta Optimization 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...

....” H3a. The higher the AM levels the higher the value relevance of PF earnings relative to GAAP earnings. United States of America Legislation Financial reporting Financial management Investors H2b. Firms with low RM levels make more aggressive PF earnings announcement as compared...

... the results; Section 5 concludes with the main findings of this study. H2. Firms which issue domestic convertible bonds have a higher level of earnings management than firms which issue overseas convertible bonds. Convertible bonds Organizational earnings Financial management Taiwan...

... have contrasted DAs by auditor type. 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...

... Publishing Limited 2007 Stock markets Financial management Assets valuation Accounting standard setters have had difficulties in setting standards to account for transfers of financial assets in which the transferor has some continuing involvement with either the assets...

... (independent or exploratory measures) and the other set as the criterion set (dependent measures). Financial management Bankruptcy Variance Interest in the ability to predict financial distress has produced a considerable body of research in accounting and finance over the last 40 years. Early...