Articles in "Accounting"
Rule Brandtannia
Author(s): Vincent Mitchell
Although the Queen never features in any of the world's most valuable brands
lists, she is undoubtedly a superbrand. So without the advertising budget of
Coke or the creativity of Apple, what makes the Queen such a valuable
brand?
Like most brands, the two most important drivers are brand awareness and brand
image.
The Everyday Entrepreneur
Author(s): Julie Logan
Self-employment is the key to a better quality of life. For most women in
this study their main motivation for starting a business was to increase their
flexibility and improve their work life balance.
This study, commissioned by Avon Cosmetics, explores self-employment and
entrepreneurship in women in the UK.
Accruals, disclosure and the pricing of future earnings in the European market
Author(s): Ivana Raonic et al.
The present study examines the role of disclosure in assisting market
participants to form expectations of future earnings from the accrual (i.e.,
the non cash) content of reported earnings. Prior research has shown that, in
general, disclosure is able to enhance future earnings information in current
stock returns.
In this paper, it is shown that the role of disclosure in revealing relevant
information on the prospects of the firm depends on the nature of the accruals
appearing in the financial statements.
Do accounting requirements constrict supply chain finance?
Author(s): ManMohan Sodhi
Although supply chain finance appears to offer a win-win-win proposition for
buyers, suppliers and banks, buyers have been reluctant to adopt these
solutions. It has been suggested that accounting requirements on supply chain
finance render its adoption unattractive for buyers through reclassification of
accounts payable to debt, thus increasing the debt held by the buyer on their
balance sheet.
To investigate whether this is indeed the case, preliminary research was
carried out through interviews with four financial organisations.
A savings plan with targeted contributions
Author(s): Iqbal Owadally et al.
With the cost of living on the rise and job certainty in doubt, many people
are putting aside funds to meet a certain demand in the future. This could be
for a child's education, a new property or a pension.
Two decisions must be made: how much the monthly contributions will be and
where the money will be invested. This paper considers the first of those
decisions. Would you prefer to save a fixed amount of money each month or alter
your contributions according to income and circumstance?
UK state pension reform in a public choice framework
Author(s): Philip Booth
Social security systems for old age have been explicitly studied in a public
choice framework for over 30 years. They illustrate extremely well the problems
of allocating economic resources through a system of voting.
This paper examines the incentives facing voters to expand state pension
provision and the possibilities of reducing state pension provision by
increasing state pension age. As such it is of great relevance for the study of
policy in ageing societies where implicit pension liabilities are increasing
and will prove difficult to reduce.
Bad incentives or weak controls?
Author(s): Gilad Livne
The recent loss of £1.5 billion at UBS as a result of allegedly unauthorised
trading raises the question as to the possible causes of this failure. Is this
attributable to wrong pay incentives, failure of supervision and internal
control, or is it a result of corporate culture?
Dr Gilad Livne, Senior Lecturer in Accounting and Finance, explains further
based on his latest research.
Why do foreign banks stay in London?
Author(s): Andrew Clare
In recent light of the Independent Banking Commission's new report on reforming the banking sector, there is a new worry that some of the world's largest investment banks will leave London for countries that offer better incentives and benefits. However, a Cass research team has found that financial institutions may find there are different benefits to continuing operations in London.
What is the role of the corporate leader in the innovation process post-financial crisis?
Author(s): Robert Davies et al.
A joint project between Cass and the Chartered Insurance Institute (CII).
Optimal hedging with higher moments
Author(s): Chris Brooks et al.
A utility-based framework for the determination of optimal hedge ratios that can allow for the impact of higher moments on hedging decisions.