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Human resource accounting is concerned with the identification and measurement of data relating to the organisation's human resources and the communication of such relevant information to interested parties. Our objectives in this article are firstly to familiarise both financial and non‐financial managers with the techniques of accounting for human resources, and secondly to summarise the advantages and disadvantages of this additional financial reporting activity. The wide range of human resource valuations yielded by different accounting procedures is demonstrated in a research application of human resource valuation to the staff of Liverpool F.C. Ltd.

The purpose of this paper is to consider the impact of these experiences on the authors’ work and on the authors.

Following the publication of the report, the authors undertook collective, autoethnographic memory work that forms the empirical body of the argument. This is presented in 13 vignettes.

The authors found themselves continually traversing.

The paper analyses the challenges of researching what is a universal experience for women yet also a taboo subject. It discusses the relevant implications for and possible effects on researchers who investigate such topics in organisation and work studies and elsewhere.

Menopause experiences as they connect to work are under-researched per se. The paper extends knowledge of how this research area is not only shaped by researchers but has an impact on those researchers.

This paper is concerned with estimation of the parameters of a high-frequency VAR model using mixed-frequency data, both for the stock and for the flow case. Extended Yule–Walker estimators and (Gaussian) maximum likelihood type estimators based on the EM algorithm are considered. Properties of these estimators are derived, partly analytically and by simulations. Finally, the loss of information due to mixed-frequency data when compared to the high-frequency situation as well as the gain of information when using mixed-frequency data relative to low-frequency data is discussed.

The purpose of this paper is to develop a model to assess and rank the financial risk of a municipal government (“municipality”). Financial risk is the likelihood that a municipality will experience financial distress.

Logistic regression is used with financial indicators to assess the level of financial risk. Then, the municipalities are ranked according to their financial risk. As predictor variables for the regression model, indicators are used that were developed by a Pennsylvania state agency to monitor the financial condition of municipalities.

Financial risk is positively associated with debt service, population, tax effort, and public service on roadways, while negatively correlated with intergovernmental revenues, operating position, user charges, capital outlays, fund balances, and tax revenue concentration. The financial risk model is able to correctly classify up to 99 percent of municipalities as either at risk or not at risk of financial distress.

The financial risk model was developed using data from one state in the USA. Further research is needed to test the model’s application to other states and countries.

Financial risk is on the rise since the Great Recession. This study may be used by municipal managers, citizens, creditors, and regulators to assess and rank the financial risk of a municipality.

This study provides a method of classifying municipalities as either at risk or not at risk of financial distress. Previous models of the financial condition of municipalities do not provide a method of assessing and ranking financial risk.

The application of human resource accounting requires the measurement of the firm's investment in recruitment, selection, training and development. Our objectives in this article are firstly to familiarise readers with the methods proposed in the literature by which this measurement may be achieved, and secondly, to consider the implications of this recent development in financial reporting for the personnel function. The significant effect on annual accounts is demonstrated in a research application of human resource valuation in the Football League.

My objectives in this chapter are firstly to familiarise readers with the proposed methods by which human resources can be valued and secondly to summarise the benefits and objections to this concept of accounting. Finally, the significant effect of human resource accounting on annual accounts is demonstrated with regard to Liverpool Football Club.

In the context of the Australian Government’s attempts to impose budget austerity measures on publicly funded universities in its higher education sector, the purpose of this paper is to assess the sector’s financial health.

The multi-dimensional study is based on seven years of government financial data from all 39 publicly funded Australian universities, supplemented by information from universities’ annual reports. Using a financial health model that reflects vulnerability, viability and resilience, the authors examine sector data using a suite of metrics. The authors analyse differences between those universities in the Top 10 and Bottom 10 by revenue, as a window into the financial health of the sector at large.

While mostly financially viable, the sector shows signs of financial vulnerability, particularly in the areas of expense control and financial sustainability. Possibly in response to an uncertain funding environment, universities are managing long-term liquidity by growing reserves. Debt represents largely untapped potential for universities, while differences between the Top 10 and Bottom 10 universities were most evident in the area of revenue diversity, a strong predictor of financial viability.

Focussing on a specific set of financial metrics limits the scope of the study, but highlights further research possibilities. These include more detailed statistical analysis of data, financial case studies of individual universities and the implications of revenue diversification on academic standards.

The paper contributes to higher education literature, providing empirical evidence of universities’ finances. It highlights the importance of universities’ financial resilience in an uncertain funding environment.

Since the appearance of Simon Rottenberg's seminal paper on the baseball players' labour market in the Journal of Political Economy (1956), the literature on the economics of professional team sports has increased rapidly, fuelled by major changes in the restrictive rules which had pervaded these sports, themselves a consequence of battles in the courts and the collective bargaining arena. These changes have not been limited to North America, to which most of the literature relates, but also apply to Western Europe and Australia in particular. This monograph surveys this literature covering those various parts of the world in order to draw out both theoretical and empirical aspects. However, to argue that the existence of what is now an extensive literature “justifies” such a survey on professional team sports clearly begs a number of questions. Justification can be found in at least two major aspects.

The aim of this paper is to show that there are workable alternatives to the debt‐finance system in the form of “state credit.”

The example used for the practical application of “state credit” is the State Housing programme of the 1935 New Zealand Labour Government. The primary sources are mainly the pamphlets of John A. Lee, responsible for the State Housing and Labour finance policies.

The paper shows that “state credit” was used on a large‐scale for constructive purposes, which not only provided debt‐free funding for an enduring construction programme, but one that did so without accompanying inflation or other adverse consequences which are warned of by orthodox economists.

The paper focuses on a single example of the use of state credit, albeit an important and large‐scale one.

State credit was used in a major way during the 1930s to overcome unemployment while constructing something lasting and of enduring social benefit. It is a method that can be reapplied in the present time at a period where debt is reaching crisis point from entire nations down to families and individual consumers; with the most common remedy suggested relief being “austerity” and welfare cuts.

State credit is a means of achieving large‐scale public works, while reducing unemployment, and reducing taxes, rates and prices which generally incorporate into costs the servicing of debts. The social implications are wide‐ranging.

The 1935 State Housing programme had endured as part of an iconic New Zealand social experiment, but one of which the method of funding is now virtually unknown.

The decision by the European Court of Justice in Luxembourg in the case involving the Belgian footballer Jean‐Marc Bosnian presents the most serious challenge yet to the influence football clubs hold over their players. The court decided that it is a breach of European law for clubs to demand a transfer fee in respect of a player at the end of his contract, as this is a restriction of the free movement of labour as set out in Article 48 of the Treaty of Rome. This paper considers the implications of this decision for professional football clubs in the UK, several of whom record the services provided by their players as assets on their balance sheet. The paper considers various possible accounting treatments and concludes that in the short term at least, given the uncertainties surrounding the industry post Bosman, recording the cost of players' registrations at their historical cost is the most appropriate policy for clubs to adopt. The paper also considers the implications of the case for clubs' fund‐raising capabilities, through interviews with clubs' bankers, finding that banks are more concerned about the quality of income stream rather than the existence of security in the form of transferring players' registrations. ‘If someone regards players as a merchandise with a monetary value, whose value may in some cases even be included in the balance sheet, he does so at his own risk.’