Introduction: The primary purpose of financial and accounting management is to organize, plan, control and direct the financial and accounting activities, but to ensure that every stakeholder is adequately served. The effectiveness of financial and accounting management, therefore purely depends on the policies, regulations and frameworks that are designed and being evolved from time to time. According to Gray, Owen and Adams (1996) financial management is the core business discipline which is meant
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Strategy as a Theory of How to Compete. It provides managers with a roadmap to navigate the competitive territory. A firm´s strategy can be seen as its managers’ theory about how to gain and sustain competitive advantage. (A theory answers the questions, what causes what and why?) These theories have to reflect reality. The strategic management process, therefore, is a never-ending cycle of analysis, formulation, implementation and feedback. * It is the managers´ theories about how to gain
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Investment Management and Financial Innovations, Volume 7, Issue 2, 2010 Faris Nasif Al-Shubiri (Jordan) Analysis of the relationship between working capital policy and operating risk: an empirical study on Jordanian industrial companies Abstract The study analyzes the working capital management practices and their impact on profitability and risk of industrial Jordanian firms for the period of 2004 to 2007. The total sample of the study consists of 59 industrial firms listed on Amman Stock Exchange
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Islamic Accounting in Modern Era by: Chusnul Asfadillah Student of Airlangga University, Surabaya, Indonesia +62899 372 1772 Ines Nur Latifah Student of Airlangga University, Surabaya, Indonesia +62878 8432 3738 DR. Raditya Sukmana Lecturer of Airlangga University, Surabaya, Indonesia + 62 878 5421 6776 ABSTRACT Purpose – This paper aims to determine the importance of the Islamic Accounting in modern era. In particular, the paper analyzes the values of the Islamic principles in the accounting process
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1-leadership effectiveness? فعالية القيادة Fiedler model Hersey and Blanchard's situational theory leader member exchange theory The path-goal Leader-participation models 2- Reward power, Legitimate power, Information power and Expert power? Reward power: People comply with the wishes or directives of another because doing so produces positive benefitsالناس الامتثال لرغبات أو توجيهات أخرى لأن القيام بذلك ينتج فوائد إيجابية Legitimate power: represents the formal authority to control
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data needed to make appropriate strategic decisions about product mix, sourcing, pricing, process improvement, and evaluation of business process performance. These claims have led many firms to adopt ABC systems [8]. The benefits of ABC and its positive impact on firm’s performance motivated a numerous studies which examined various aspects of ABC. Among such studies are McGowan [11] who assessed the integrity of ABC success, Innes and Mitchell [4, 12] and Yanren [13] who conducted research on factors
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In turn, the Public Company Accounting Oversight Board was created, assessment of liability with auditors was enacted, new internal control procedures, and more liability for all involved. The oversight Board is responsible for monitoring public accounting companies and performs regular audits. Sarbanes-Oxley intended for two main things with the market; to boost the confidence of investors in a previously broken market, and to decrease fraud. Along with positives, the Sarbanes-Oxley Act brought
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20, 2011 Ethical Compliance by the Accountant on the Quality of Financial Reporting and Performance of Quoted Companies in Nigeria 1 G.N. Ogbonna and 2Appah Ebimobowei Department of Accounting, Faculty of Management Sciences, University of Port-Harcourt, Port-Harcourt, Nigeria 2 Department of Accounting, Bayelsa State College of Education, Okpoama, Brass Island, P.M.B. 74 Yenagoa, Nigeria 1 Abstract: The study investigates the ethical compliance by the accountant on the quality of financial
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ARTICLE IN PRESS Journal of Accounting and Economics 45 (2008) 27–54 www.elsevier.com/locate/jae The contracting benefits of accounting conservatism to lenders and borrowers$ Jieying Zhangà Leventhal School of Accounting, University of Southern California, Los Angeles, CA 90089, USA Received 1 March 2004; received in revised form 17 May 2007; accepted 8 June 2007 Available online 19 July 2007 Abstract This paper examines the ex post and ex ante benefits of accounting conservatism to lenders and
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THE EFFECTS OF MERGERS AND ACQUISITIONS SUMMARIZED PAPER This paper examines the impact of Merger & Acquisitions on performance suffer from several key theoretical and empirical limitations. This paper also has shown some new evidence regarding the effects of different types of mergers and acquisitions on employees. It also provides a foundation for future theoretical and empirical M&A integration research. The resurgence in mergers & acquisitions, and divestitures has focused
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