Review of Accounting and Finance: Volume 2 Issue 4

A Capital Asset Pricing Model with Variable Asset Supply

John F. McDonald

The assumption of variable asset supply is incorporated into the standard capital asset pricing model because of consistent and strong empirical results showing that equity is…

Dimensions of Competence in an Accounting Domain

Richard Dusenbury, Gregory J. Gerard, Jane L. Reimers

Research in the area of competence suggests that familiarity with a domain affects decision making. We extend Heath and Tversky's (1991) competence hypothesis research by…

Feltham — Ohlson Framework: The Implication of Corporate Tax

Tao Zeng

In this paper, I provide an empirical work in order to test the tax‐adjusted market valuation (residual income) model. Feltham‐Ohlson's (1995) residual income model can be…

Modeling the Early Adoption Decision: The Case of SFAS 96

Mahendra R. Gujarathi, Robert E. Hoskin

This study investigates whether management's choices of adoption timing and transition method are associated with factors influencing their economic incentives in the case of…

The Effect of Institutional Ownership on Board and Audit Committee Composition

Dorothy A. Feldmann, David L Schwarzkopf

We investigate the relationship between institutional shareholdings and the firm's corporate governance by looking at changes in the composition of the board of directors and…

Accounting Research in the French Language Area: The First Half of the 20th Century

Jean‐Guy Degos, Richard Mattessich

This paper offers a general survey of accounting literature in the French language area of the first half of the 20th century: After a general Introduction, referring mainly to…