Accounting Research Journal: Volume 22 Issue 3

Bias, stability, and predictive ability in the measurement of systematic risk

Stephen Gray, Jason Hall, Drew Klease, Alan McCrystal

Estimates of systematic risk or beta are an important determinant of the cost of capital. The standard technique used to compile beta estimates is an ordinary least squares…

The effects of forecast specificity on the asymmetric short‐window share market response to management earnings forecasts

Howard Chan, Robert Faff, Yee Kee Ho, Alan Ramsay

This study aims to test the effects of forecast specificity on the asymmetric short‐window share market response to management earnings forecasts (MEF).

Management control systems: a model for R&D units

Parulian Silaen, Robert Williams

The purpose of this paper is to develop a proposal for a new conceptual framework for management control systems (MCS) in R&D units.

The impact of different types of ownership concentration on annual report voluntary disclosures in New Zealand

Haiyan Jiang, Ahsan Habib

The purpose of this paper is to investigate the impact of different categories of ownership concentration on corporate voluntary disclosure practices in New Zealand.