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1 – 10 of over 2000Nicoleta Maria Ienciu and Dumitru Matiş
– This paper aims to identify the main inflexion points recorded into development of international accounting standards, case of IAS 38.
Abstract
Purpose
This paper aims to identify the main inflexion points recorded into development of international accounting standards, case of IAS 38.
Design/methodology/approach
The paper takes the form of a conceptual discussion and graphical analysis. The main research method consisted of identifying reference moments, known as inflection points, in the evolution of accounting rules issued by the International Accounting Standards Board and formulating a general framework of testing inflection points’ theory in the development of IAS 38.
Findings
The paper highlights the reference moments recorded in the evolution of IAS 38 through the creation of inflexion points’ theory in the field of accounting regulations.
Originality/value
According to the authors’ knowledge, this is an original study whose results have implications into accounting regulations field, as in this area, such a theory has not been applied.
Details
Keywords
Ryan L. Matthews, Brian N. Rutherford, Lucy M. Matthews and Diane R. Edmondson
This paper aims to investigate business-to-business sales executives’ navigation of challenges and changes in planning during two separate periods (prevaccine and postvaccine) of…
Abstract
Purpose
This paper aims to investigate business-to-business sales executives’ navigation of challenges and changes in planning during two separate periods (prevaccine and postvaccine) of time, which were impacted by a disruptive event (the COVID-19 pandemic).
Design/methodology/approach
This study uses a two-phase qualitative data collection approach. Thirteen executives, primarily from the Business-to-Business (B2B) manufacturing industry, were interviewed in phase one (2–3 months before the first COVID-19 vaccine). The second period of data collection was collected 4–5 months after vaccines became available.
Findings
The prevaccine business environment focused on short-term challenges, while the vaccine created exponential changes to long-term sales practices, suggesting the need to focus on critical inflection points that occur after the initial disruptive event.
Research limitations/implications
This exploratory study is a step toward developing a deeper understanding of managing disruptive events within a business-to-business sales environment by stressing the importance of both the actual disruptive event and the inflection points that follow the event.
Practical implications
New business models are constantly developing and evolving. However, this study suggests the biggest changes could occur after an inflection point from the disruption. Thus, firms need to consider different planning strategies before and after certain inflection points following a disruptive event. First, firms should adapt from their predisruption strategy to focus on short-term challenges during the initial phases of a disruption, likely halting most of the long-term planning. Second, inflection points create the need to move beyond short-term challenges and changes to focus on long-term changes. Third, long-term strategies and planning postinflection point will be different, and likely more complex, than long-term strategies and planning predisruption.
Originality/value
Most studies look at a disruptive event through a single data collection period. This longitudinal study compares prevaccine and postvaccine thought processes to explore the impact of an inflection point.
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Xin Feng, Hanshui Zhang, Yue Zhang, Liming Sun, Jiapei Li and Ye Wu
The emergence of a coronavirus disease 2019 (COVID-19) epidemic has had a tremendous impact on the world, and the characteristics of its evolution need to be better understood.
Abstract
Purpose
The emergence of a coronavirus disease 2019 (COVID-19) epidemic has had a tremendous impact on the world, and the characteristics of its evolution need to be better understood.
Design/methodology/approach
To explore the changes of cases and control them effectively, this paper analyzes and models the fluctuation and dynamic characteristics of the daily growth rate based on the data of newly confirmed cases around the world. Based on the data, the authors identify the inflection points and analyze the causes of the new daily confirmed cases and deaths worldwide.
Findings
The study found that the growth sequence of the number of new confirmed COVID-19 cases per day has a significant cluster of fluctuations. The impact of previous fluctuations in the future is gradually attenuated and shows a relatively gentle long-term downward trend. There are four inflection points in the global time series of new confirmed cases and the number of deaths per day. And these inflection points show the state of an accelerated rise, a slowdown in the rate of decline, a slowdown in the rate of growth and an accelerated decline in turn.
Originality/value
This paper has a certain guiding and innovative significance for the dynamic research of COVID-19 cases in the world.
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Inchul Cho, Ismael Diaz and Dan S. Chiaburu
The purpose of this paper is to posit and empirically demonstrate that positive and negative leader behaviors have a linear relationship with subordinate outcomes. The authors…
Abstract
Purpose
The purpose of this paper is to posit and empirically demonstrate that positive and negative leader behaviors have a linear relationship with subordinate outcomes. The authors challenge this notion, and test a model where leader positive and negative behaviors have a curvilinear relationship (inverse-U shaped) with subordinate job satisfaction.
Design/methodology/approach
Cross-sectional design, based on a sample of 131 employees working across organizations and industries in the USA. Subordinates provided information on all study measures.
Findings
The authors show that higher levels of positive and negative behaviors from the leader will not generate a corresponding linear increase in employees’ satisfaction. Instead, the relationship is non-linear, with diminishing returns in subordinate job satisfaction for positive leader behaviors and higher ones for negative leader behaviors. In addition, subordinates with high levels of hardiness are more satisfied with positive leader behaviors, and report less dissatisfaction with negative leader behaviors.
Research limitations/implications
Limitations are cross-sectional design, self-reported data, measurement of a limited number of leader behaviors as representative of leader positive and negative behaviors, and focus on only one dependent construct (subordinate job satisfaction).
Practical implications
Above a certain point, leaders’ positive behaviors have limited effect on increasing subordinates’ job satisfaction. Likewise, leaders’ negative behaviors decrease subordinates’ job satisfaction only above specific levels of leader behaviors.
Originality/value
The authors challenge this notion of linearity by theorizing and demonstrating that subordinates’ job satisfaction is influenced by leader positive and negative behaviors in non-linear relationship characterized by an inverse-U-shaped and a specific increase and decrease pattern.
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The purpose of this paper is to expand our understanding of processes governing commercial property cycles, and to provide tools, which enable identification of property cycles’…
Abstract
Purpose
The purpose of this paper is to expand our understanding of processes governing commercial property cycles, and to provide tools, which enable identification of property cycles’ turning points’ location.
Design/methodology/approach
This paper is divided into three parts. The first looks at the demand-supply dynamics and the location of two characteristic cyclic points, the market bottom and the cycle commencement. In the second part a property relevant formula for entropy is derived, and its relation to the cycle overheated stage and the market peak is studied. In the third part, we discuss still another characteristic point of the cycle, which relates to the stage when developers elect to undertake new projects. This analysis is done by employing the chaos theory, and its relation to the cyclic evolution.
Findings
It is found that some markets cycle, while others fluctuate only. A clear method for distinguishing among these is provided. The bottom of a cycle may overlap or be time separated from the start of a subsequent cycle. Market peaks are characterised by a sharp decrease in financial component to entropy for top quality building grades. A cycling market is characterised by crossing of a distinct vacancy rate during the cycle progression.
Practical implications
The tools developed in the paper allow for clear characterisation of the market types and their cyclic behaviour. This in turn allows for timely characterisation of the market state and for short time-frame forecasting. The depth of a cycle may be calculated and the subsequent correction level estimated.
Originality/value
The paper utilises cross-field approach by taking methods from both physics and mathematics and applying them to property markets. It breaks new ground both in property research and in applied mathematics by showing how the current frontier in pure mathematics may be applied to property.
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The paper discusses the types of singular points occurring in the first‐order ordinary differential equation which describes compressible viscous flow in a channel or stream tube…
Abstract
The paper discusses the types of singular points occurring in the first‐order ordinary differential equation which describes compressible viscous flow in a channel or stream tube of varying cross‐sectional area. The treatment is one‐dimensional, viscosity being allowed for by assuming a tangential stress acting on the circumference. The resulting patterns of the integral curves arc examined. It is shown that for convergent‐divergent channels whose profile has no point of inflexion, the singular point is a saddle point, as is the case in frictionlcss flow. However, the sonic section or the section of highest or lowest Mach number do not coincide with the throat but arc situated downstream of it in the divergent portion. The slopes of the integral curves which pass through the sonic section arc evaluated. When the convergent‐divergent channel has a point of inflexion in its profile there may be two singular points, the first being a saddle point and the second cither a spiral point or a nodal point. It is shown that spiral points are more likely to occur than nodal points and that, when they occur, there is no radical change in the Mach number variation along the channel due to friction. On the other hand, the existence of a nodal point admits the possibility of a continuous transition from supersonic to subsonic How in which the Mach number at exit may vary within certain limits, the Mach number in the second sonic section remaining always equal to unity. In all types of flow there arc portions of the channel over which the influence of friction outweighs that of area change.
Chih-Shun Hsu, Lopin Kuo and Bao-guang Chang
This study aims to examine how gender diversity within the CPA partnership team impacts the firm’s profit performance.
Abstract
Purpose
This study aims to examine how gender diversity within the CPA partnership team impacts the firm’s profit performance.
Design/methodology/approach
The authors use the two-stage least squares method in analyzing the gender–diversity–performance relationship using the pooled sample obtained from the National Survey Reports on Taiwan CPA firms between 1992 and 2008.
Findings
The authors observe a non-linear relationship between gender diversity at the partner level and profit performance. The relationship curves vary according to firm size. After identifying the point of inflexion for these curves, the findings indicate that the average gender diversity is below the inflexion point for large CPA firms, but exceeds the inflexion point for medium size firms.
Practical implications
According to the critical mass theory, increasing gender diversity within the partnership team can have a positive influence on the value of the firm. Hence, the authors argue that for large CPA firms in Taiwan, the proportion of female partners leaves room for improvement. If the average number of female partners could be increased by 0.95 persons, the critical mass would be attained.
Originality/value
The study provides the empirical evidence that increasing a CPA firm’s proportion of female partners positively impacts the firm’s profit performance. The findings serve a practical value as reference source for any further studies.
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George K. Chacko, Kelvin Tan Thean Beng, Agatha Yeoh Siew Ling, Nazlina Nasihin, Harlimi Muhamad and Ong Jiun Jye
What should a Multi‐National Corporation (MNC) like UMW Toyota Motor Sdn. Bhd. set as its targeted growth in revenue by the Year 2020 to help its host country Malaysia realise its…
Abstract
What should a Multi‐National Corporation (MNC) like UMW Toyota Motor Sdn. Bhd. set as its targeted growth in revenue by the Year 2020 to help its host country Malaysia realise its “Vision 2020”? To survive/succeed, Toyota has to anticipate its high technology niche, which is but a “Technological Gleam” today in the eye of Toyota’s “Technical Entrepreneur”. Significant segments of corporate resources will not be committed to the “Technological Gleam” unless the “Technical Entrepreneur” can present an irresistible transformation boost converting the Technology‐Push into Market‐Pull. What will be the market for the hitech product embodying the yet‐to‐emerge hitech? What present product is closest to the potential product? Can its life cycle profile be applied to the potential product? Using the theoretical structure of the Management Of TEchnology Protocol (MOTEP), we analyze Toyota’s transition from the present hybrid fuel (gasoline‐and‐hydrogen combination) to the potential hydrogen fuel in five years.
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R. Souchet, F. Dalard, J.J. Rameau and M. Reboul
Introduction The competitive complexation of Sn(II) hydroxycomplexes and Sn(II) complexes with organic acids present in fruit juices, has been studied, in a first stage, by the…
Abstract
Introduction The competitive complexation of Sn(II) hydroxycomplexes and Sn(II) complexes with organic acids present in fruit juices, has been studied, in a first stage, by the experimental method of titration. This method allows to compare the complexing power of different organic acids. Applied to tartaric and acetic acids it shows that tartaric acid is more complexing towards tin than acetic acid.
Fears over public accounting becoming increasingly concentrated have inspired several attempts to study the relationship between competition and audit quality. These studies have…
Abstract
Purpose
Fears over public accounting becoming increasingly concentrated have inspired several attempts to study the relationship between competition and audit quality. These studies have yielded conflicting results without a clear reason as to why. This paper aims to propose a new approach and empirically demonstrate a non-monotonic association between competition and audit quality.
Design/methodology/approach
Using metropolitan statistical area level data from the USA over the period of 2000–2014, the author shows that the effect that changes in the competition will have on audit quality depends upon the current competitive state of the market.
Findings
Audit quality is at its highest level when competition is neither too high nor too low. In addition, the point of inflection at which competition turns from being helpful to harmful is influenced by the saturation of the Big 4 auditors in the market.
Practical implications
These findings can help explain the mixed results of the literature and provide insight into the role that regulators can play in modulating competition.
Originality/value
This is the first paper to document a non-monotonic relationship between competition and audit quality. By introducing and exploring the validity of a non-monotonic component in the audit quality equation, the authors can better determine, which competitive structures generate desired levels of audit quality.
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