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1 – 10 of over 1000Nicoleta 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.
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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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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.
Ameesh Ajantha Samalopanan and Vijayalakshmi Balasubramaniam
Though extant literature has mapped various stages of start-up enterprise growth, there is limited research on the phases that an entrepreneur traverses before the enterprise is…
Abstract
Purpose
Though extant literature has mapped various stages of start-up enterprise growth, there is limited research on the phases that an entrepreneur traverses before the enterprise is started and established as a venture. The paper attempts to understand the lived experiences of young Indians as they negotiate the entrepreneurial path.
Design/methodology/approach
Qualitative method, where primary data were collected using in-depth interviews of 15 start-up entrepreneurs. These narratives were compared with Bansal's descriptions of entrepreneurs in her book “Connect the dots”. The interview transcripts and the detailed descriptions were analysed for emergent themes.
Findings
Results indicated that there are five distinct stages in the development of a start-up entrepreneur; namely – pre-entrepreneurial stage, inflexion point, cocoon period, initial stage, crisis stage and, depending upon the success factors and support received during crisis stage, either a success stage or failure stage.
Originality/value
This is a narrative-based, qualitative approach to understand the lived experiences of young start-up entrepreneurs in India and an attempt to map developmental phases. The fact that India is a fast-growing market for start-ups and the higher rate of failure of start-ups in India makes the study relevant.
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When the labor supply schedule is bending forward at low wage levels, the average cost curve of firms does the same. This leads to the possibility of multiple equilibria, in…
Abstract
When the labor supply schedule is bending forward at low wage levels, the average cost curve of firms does the same. This leads to the possibility of multiple equilibria, in particular for monopolists, thereby opening a broader range of options and keeping non‐profitable firms in business. However, the global maximum is always occuring along the negatively sloping segment of the labor supply. Therefore, total welfare is declining, except perhaps in the case of monopolists, when firms are pursuing a low‐wage strategy to expand output and profits, and are exploiting labor's subsistence needs to pay wages below the marginal product.
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Chong M Lau and Ian RC Eggleton
This research examines the interactive effect of accounting controls (Emphasis on meeting tight budget targets, External scanning, Results monitoring and Cost control) and task…
Abstract
This research examines the interactive effect of accounting controls (Emphasis on meeting tight budget targets, External scanning, Results monitoring and Cost control) and task uncertainty on budgetary slack with a sample of 104 marketing and production managers. The results indicate that two accounting controls (Emphasis on meeting tight budget targets and External scanning) reduce the extent of budgetary slack creation in high task uncertainty situations, but not in low task uncertainty situations. Budgetary slack is lowest when the intensity of accounting controls and task uncertainty are both high. Whilst Emphasis on meeting tight budget targets has a significant effect on slack for both the production and marketing managers, External scanning has a significant effect only for the marketing managers.
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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This chapter suggests that welfare management is becoming a matter of being able to use the open space in between formal roles, silos and organisations to actualise a not yet…
Abstract
Purpose
This chapter suggests that welfare management is becoming a matter of being able to use the open space in between formal roles, silos and organisations to actualise a not yet possible, qualitatively better welfare here and now. The discourse about the open-ended and futuristic space in between is challenging practices of welfare education. A growing field of studies is criticising the centres of education, learning and research for being a McDonald’s culture, with an overly linear approach, unable to connect passion, sensitivity and intuition with knowledge. This chapter goes further than criticising existing practices. Building on notions of affective studies, the aim is to experiment on how to shift the focus from thinking about open spaces to intensifying thinking-spaces, able to generate the processual relations increasing the opportunity for a qualitative better welfare to occur here and now.
Design/methodology/approach
The object of the chapter is an experiment entitled The Future Public Leadership Education Now. It is based on non-representational studies and designed to operate on the affective registers.
Findings
The chapter offers a theoretical and pragmatic wandering as wondering. It continues and expands the experiment as an ongoing thinking-spaces moving between the known and the unknown. It aims at gently opening the opportunity for a qualitatively better welfare to occur.
Practical implications
Researchers become welfare artists intensifying affective co-motions as ongoing and form-shifting processes.
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John W. Cadogan, Sanna Sundqvist, Risto T. Salminen and Kaisu Puumalainen
The activities of service and product firms are compared in terms of their market‐oriented behavior in their export operations (i.e. their export market‐oriented (EMO) behavior)…
Abstract
The activities of service and product firms are compared in terms of their market‐oriented behavior in their export operations (i.e. their export market‐oriented (EMO) behavior). Empirical analysis conducted on a sample of 783 Finnish exporters containing both service and product firms uncovered several interesting differences: service and product firms differed in their level of EMO behavior; the direct effects from EMO behavior to various dimensions of export success were invariant across the samples; however, the export environment moderated the link between EMO behavior and export profit performance in different ways across the samples. The results indicate that EMO behavior may be more appropriate under certain environmental conditions, and less appropriate under others. However, the nature of the relationship between EMO behavior and export success may also depend on whether the firm’s core export market offerings are services or physical products.
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