Review of Accounting and Finance: Volume 12 Issue 3

Acquirers' performance in hot and cold merger markets: evidence of mispricing

Amirhossein Hajbaba, Ray Donnelly

The primary purpose of this paper is to test the prediction that overpricing drives merger waves.

Value relevance of earnings and cash flows during the global financial crisis

Khokan Bepari, Sheikh F. Rahman, Abu Taher Mollik

The purpose of this paper is to investigate the incremental value relevance of cash flow from operations (CFO) given book value and earnings. It also examines the relative value…

CEO compensation and firm performance: Evidence from the US property and liability insurance industry

Fang Sun, Xiangjing Wei, Xue Huang

The purpose of this paper is to examine the relation between chief executive officer (CEO) compensation and firm performance proxied by efficiency estimated from data envelopment…

Cost of equity capital of foreign firms: Did bonding benefits diminish after the SEC's waiver of IFRS to US GAAP reconciliation?

Fei Han, Haihong He

The purpose of this paper is to examine the cost of equity capital for foreign firms listed in the US stock exchanges during 2004‐2009, a period that the Securities and Exchange…

Market assessment of intangibles and voluntary disclosure about innovation: the incidence of IFRS

Marie‐Josée Ledoux, Denis Cormier

The purpose of this paper is to investigate the incidence of International Financial Reporting Standard (IFRS) on stock market assessment of intangibles and voluntary disclosure…