Write-offs as accounting procedures to manage perceptions
Article Abstract:
Research examines the use of write-offs as an accounting technique to control external perceptions of company performance. Data is based on research of 240 companies during the 1982-85 period who reported write-offs equal to at least one percent of assets. Results indicate that the subject firms had: declining growth rates during the study period; declining earnings-to-market and earnings-to-assets values for three years before the study period; and lower than average market returns during the sample period. The results also show that these companies had below average share returns, and above average dividend reductions and bond-rating decreases. A discussion by Gregory Waymire is included.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 1988
User Contributions:
Comment about this article or add new information about this topic:
Valuation of the components of purchased goodwill
Article Abstract:
Issues concerning the role of goodwill in valuation are examined, focusing on the positive and negative aspects of goodwill. Topics include the positive aspects of the going-concern component and the synergy component, and the negative aspect of the residual component of goodwill.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Tax and regulatory motivations for issuing non-voting, non-convertible preferred stock
Article Abstract:
Unique securities such as preferred, non-convertible, non-voting stock may be issued due to regulations such as the Basel Banking Accord, tax situations such as foreign tax credits, and individual firm finances making other types of finance unavailable.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Internal capital markets and the competition for corporate resources. Bad news travels slowly: size, analyst coverage, and the profitability of momentum strategies
- Abstracts: Software options. Advice for life's two certainties. What's your financial game plan?
- Abstracts: Earnings-based compensation schemes and discretionary accrual and expenditure decisions over CEO tenure. The relationship between pay-for-performance contracting and external monitoring
- Abstracts: From service to product. Image segmentation: the case of a tourism destination. Were banks marketing themselves well from a segmentation perspective before the emergence of scientific inquiry on services marketing?
- Abstracts: Theorising accountability for NGO advocacy. On James Bond and the importance of NGO accountability. Methodological issues: Reflections on quantification in corporate social reporting content analysis