Review of Accounting and Finance: Volume 3 Issue 3

The Influence of the Political Party in Power on the Dow Jones Industrial Average: 1896–2001

Stephen P. Keef, Melvin Roush

Recent research has focused on the influence of the political party of the US President on stock indices. This current paper extends this area of research by including the…

A Study of Production, Stock Prices and Self‐Organized Criticality

Akhilesh Chandra, Alan Reinstein

The theory of self‐organized criticality (SOC) suggests that interdependencies and interactions among components of a system cause the system to perpetually organize itself…

Accounting Publications and Research in Spain: First Half of the 20th Century

Daniel Carrasco Díaz, Esteban Hernández Esteve, Richard Mattessich

In this survey we present (after an Introduction) a guide to the major doctrinal trends of Spanish accounting of the period, classified in various categories: different views of…

Stock Return Volatility and Market Crisis In Emerging Economies

Nidal Rashid Sabri

This paper explored the new features of emerging stock markets, in order to point out the most associated indicators of increasing stock return volatility, which may lead to…

Nonfinancial Factors as Predictors of Value Creation: Finnish Evidence

Erkki K. Laitinen

The purpose of the research is to analyse the ability of nonfinancial factors to predict value creation in Finnish technology firms. Nonfinancial factors are defined in terms of a…

Earnings Opacity and the Productivity of Nations

Ahmed Riahi‐Belkaoui

Output per worker varies significantly from one country to another. Why? Our analysis shows that differences in earnings opacity are important sources of this variation. Earnings…