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Long-Term Orientation and Earnings Management Strategies

Long-Term Orientation and Earnings Management Strategies
Author: Jesper Haga
Publisher:
Total Pages: 42
Release: 2019
Genre:
ISBN:

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In this study, we investigate how country-level long-term orientation affects managers' willingness to engage in earnings management and choice of earnings management strategy. Using a comprehensive dataset of 47 countries for the period from 2003 to 2015, we find that firms in longterm oriented cultures rely relatively more on earnings management through accruals, while firms in short-term oriented cultures engage in relatively more real earnings management. Furthermore, we find a larger discontinuity around earnings benchmarks in long-term oriented cultures suggesting that manipulation of accruals enables benchmark beating with high precision.


Long-term Orientation of Family Firms

Long-term Orientation of Family Firms
Author: Jörn Block
Publisher: Springer Science & Business Media
Total Pages: 268
Release: 2009-11-10
Genre: Business & Economics
ISBN: 3834984124

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Family firms are commonly assumed to be more long-term oriented than comparable non-family firms. Joern Block analyzes this phenomenon in more detail and investigates whether and under which conditions family firms pursue more long-term oriented strategies than other firms.


Real Time Strategy

Real Time Strategy
Author: Andreas Schühly
Publisher: Emerald Group Publishing
Total Pages: 197
Release: 2020-04-29
Genre: Business & Economics
ISBN: 178756813X

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Combining classical scenario thinking (the gentle art of perception) with the analytical power of big data and artificial intelligence, Real Time Strategy presents the decision making of the future which enables decision makers to develop dynamic strategies, monitor their validity, and react faster.


Research Anthology on Strategies for Maintaining Successful Family Firms

Research Anthology on Strategies for Maintaining Successful Family Firms
Author: Management Association, Information Resources
Publisher: IGI Global
Total Pages: 1146
Release: 2021-08-27
Genre: Business & Economics
ISBN: 1668435519

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Family-owned businesses account for many of the small and medium-sized enterprises that exist around the world in various industries. Due to their unique make up, these firms are often heavily influenced by family dynamics that must be reconciled by family and non-family workers alike in order to ensure the sustainability of the business. As smaller businesses competing against an increasingly globalized economy and more directly impacted by economic instability, especially in the wake of the COVID-19 pandemic, these businesses must continue to improve their practices and processes in order to not only survive but thrive. The Research Anthology on Strategies for Maintaining Successful Family Firms discusses the strategies, sustainability, and human aspects of family firms in order to understand what sets them apart from other businesses and how they can survive and compete in a globalized economy. This book discusses the unique dynamic brought by family firms that offers both opportunities and challenges for a growing business. Covering topics such as corporate venturing, the family unit, and business ethics, this text is an essential resource for family firms, entrepreneurs, managers, business students, business professors, researchers, and academicians.


The Oxford Handbook of Cross-Cultural Organizational Behavior

The Oxford Handbook of Cross-Cultural Organizational Behavior
Author: Michele J. Gelfand
Publisher: Oxford University Press
Total Pages: 777
Release: 2024-02-05
Genre: Business & Economics
ISBN: 019008538X

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The process of globalization has brought into focus the central role of culture in understanding work behavior. In parallel to the accelerating process of globalization, there has been an explosion of empirical studies on culture and organizational behavior. Written by a diverse group of experts in the field, this handbook provides critical knowledge on how cultures vary, and how culture influences basic psychological processes, communication, trust, social networks, leadership, and negotiation. It also covers how to manage multicultural teams, culture and human resource management practices, joint ventures, organizational change, and more.


Capital Structure, Earnings Management, and Risk of Financial Distress

Capital Structure, Earnings Management, and Risk of Financial Distress
Author: Pietro Gottardo
Publisher: Springer
Total Pages: 103
Release: 2018-09-24
Genre: Business & Economics
ISBN: 3030003442

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This book analyzes the impacts that family control of firms has on capital structure choices, leverage and the risk of financial distress, earnings management practices, and the relation between accounting choices and firm market value. For these purposes, longitudinal data on Italian family and non-family non-financial firms are closely analyzed. The Italian setting is of special interest in this context because family businesses account for 94% of GDP, families are particularly committed to maintaining control of firms, and the economy is bank based rather than market based. The analyses draw on the socioemotional wealth approach, which emphasizes the importance of the stock of emotional value in family firms, in combination with financial theories such as Pecking Order Theory, Trade-off Theory, and Agency Theory. The findings cast significant new light on differences between family and non-family firms and the effects of different forms of family influence. The book will have broad appeal for academics, managers, practitioners, and policymakers.


The Sustainable Company

The Sustainable Company
Author: Sigurt Vitols and Norbert Kluge
Publisher: ETUI
Total Pages: 266
Release: 2011
Genre: Corporate governance
ISBN: 2874522198

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For the past two decades corporate governance reform in Europe has been guided by the ‘shareholder value’ model of the firm. That model has been discredited as one of the major causes of the financial and economic crisis. In a new book published by the ETUI an alternative approach to corporate governance is presented by members of the GOODCORP network of researchers and trade unionists. This new approach, entitled the Sustainable Company, draws on both traditional ‘stakeholder’ models of the firm and newer concerns with sustainability. The main elements of the Sustainable Company and the institutions needed to support it are presented. Key themes in the book are the need for worker ‘voice’ in corporate governance and for a binding legislative framework to promote sustainability. Individual chapters deal with the issues of worker involvement, employee shareholding, sustainability-oriented remuneration, international framework agreements, NGO-trade union relationships, reforming financial regulation and carbon taxes and emissions-trading schemes.


Comparative Research on Earnings Management, Corporate Governance, and Economic Value

Comparative Research on Earnings Management, Corporate Governance, and Economic Value
Author: Vieira, Elisabete S.
Publisher: IGI Global
Total Pages: 433
Release: 2021-02-12
Genre: Business & Economics
ISBN: 1799875989

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New trends are emerging regarding earnings management and corporate governance showing similarities and striking differences in the practices of different countries and economies. These new trends currently shape the field of modern corporate governance with crucial issues being looked at in governance law and practices, accounting systems, earnings quality and management, stakeholder involvement, and more. In order to advance these new avenues in corporate governance, research looks at accounting policies firms use in different opportunistic circumstances in order to manage earnings, the corporate governance practices in different countries, firm performance, and other dimensions of companies. The understanding of these topics is beneficial in understanding the current state of different types of firms and their practices in modern times. Comparative Research on Earnings Management, Corporate Governance, and Economic Value is focused on the investigation of key challenges and perspectives of corporate governance and earnings management and outlines possible scenarios of its development. The chapters explore this new avenue of research and cover theoretical, empirical, and experimental studies related to different themes in the global context of earnings management and corporate governance. This book is ideal for economists, businesses, managers, accountants, practitioners, stakeholders, researchers, academicians, and students who are interested in the current issues and advancements in corporate governance and earnings management.


Reports from Commissioners

Reports from Commissioners
Author: Great Britain. Parliament. House of Commons
Publisher:
Total Pages: 746
Release: 1877
Genre:
ISBN:

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Sustainable Corporations

Sustainable Corporations
Author: Alan R. Palmiter
Publisher: Aspen Publishing
Total Pages: 550
Release: 2022-10-16
Genre: Law
ISBN: 1543849008

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Buy a new version of this textbook and receive access to the Connected eBook on CasebookConnect, including: lifetime access to the online ebook with highlight, annotation, and search capabilities, plus an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Learn more about Connected eBooks Sustainable Corporations offers synthesized readings from law, management, philosophy, psychology, sociology, even biology – written by academics, journalists, business people, poets, bloggers, scientists, even religious leaders. The book focuses on the elusive “sustainable corporation” and is designed for an upper-level course sequenced after the basic Corporations course. Features of this Edition: Unlike many law texts, the book is meant to be absorbed in a sequential swoop as the concepts build on each other. The book, developed over the course of 10 years, has been used by law students, MBA students, graduate sustainability students, even undergraduate students – in both the US and Europe. The book can be used in a concentrated four-week course, an eight-week course, or a typical 14-week course. The book is meant to take professors and students on a journey from point A to point Z. It begins with a fresh look at U.S. corporate law, then moves to consider the US corporation’s unsustainable design, next describes the movement toward a focus on the Triple Bottom Line, then turns to proposals to redesign the corporation’s legal DNA, and finally offers a fundamental rethinking of the corporation. Professors and students will benefit from: The book’s main feature is its sequential design: (1) basics of US corporate law; (2) the corporation’s unsustainable design; (3) the Triple Bottom Line (ESG) movement; (4) proposals to redesign the corporation; (5) a deep rethinking of the corporation. Each chapter begins with a chapter overview, includes heavily edited readings from a variety of sources, features regular explanatory “break-out boxes, and offers end-of-chapter concluding thoughts (essays, poems, stories, fables, riddles). The book has its own website that includes the following materials for use by students (also available in Casebook Connect): online lectures, recommended videos (TED talks, interviews, documentaries, etc.), suggested YouTube music videos (from Hendrix Star-Spangled Banner to Dolly Parton Working Nine to Five), student research papers.