Articles in "Accounting"

Do accounting requirements constrict supply chain finance?

Author(s):

ManMohan Sodhi

Topic:
Accounting
Industry:
Any Industry


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.

Updated: 22/02/2012
Comments:
Views: 226

UK state pension reform in a public choice framework

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.

Updated: 19/01/2012
Comments:
Views: 484

The impact of new media on customer relationships

This paper and video introduces a new ''pinball'' framework of new media's impact on relationships with customers and identifies key new media phenomena which companies should take into account when managing their relationships with customers in the new media universe.

Updated: 25/01/2012
Comments:
Views: 1,271

Bad incentives or weak controls?

Author(s):

Gilad Livne

Industry:
Banking

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.

Updated: 02/12/2011
Comments:
Views: 1,045

Why do foreign banks stay in London?

Author(s):

Andrew Clare

Industry:
Banking

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.

Updated: 07/11/2011
Comments:
Views: 2,174

The effect and moderation of gender identity congruity: utilising “real women” advertising images

This paper examines the predictive ability of gender identity congruity in explaining women's responses to advertising appeals.

Updated: 31/10/2011
Comments:
Views: 1,451

Accounting, valuation and duration of football player contracts

Author(s):

Gilad Livne

This project focused on the unique setting of the UK football industry as a laboratory to examine how firms invest in employee training programmes to increase their human capital and firm productivity. Specifically, the researchers asked: does investment in purchasing football player contracts pay off?

Updated: 31/10/2011
Comments: 2
Views: 2,849

Optimal hedging with higher moments

Author(s):

Chris Brooks

 et al.
Industry:
Banking

A utility-based framework for the determination of optimal hedge ratios that can allow for the impact of higher moments on hedging decisions.

Updated: 26/10/2011
Comments:
Views: 1,497

Banning short sales and market quality: the UK's Experience

Author(s):

Ian Marsh

Industry:
Banking

We study the effects that the ban on short sales of shares in financial firms introduced in late 2008 and removed early 2009 had on the microstructure and the quality of UK equity markets. We show that the ban did nothing to affect order flows: financial stocks were being more aggressively sold off than their peers pre-ban and this situation persisted through the ban period.

Updated: 24/10/2011
Comments:
Views: 974