SHOULD THE LEGAL AND JUDICIAL SYSTEM OF PALESTINE KEEP, AMEND OR ABOLISH INCOME TAX?
Zahran “Mohammad Ali” Daraghma Arab American University-Palestine ABSTRACT This study investigates the satisfaction degree of income tax paid by the average Palestinian taxpayer based on the tax law in Palestine, a Law by Decree No. (8), of 2011 imposed on income. This study also exposes the degrees of satisfaction on income tax that relates to […]
DO INVESTORS TAKE DIRECTORS’ AGE, TENURE, AND THEIR HOMOGENEITY INTO ACCOUNT?
Sylvie Berthelot Michel Coulmont Anne Marie Gosselin University of Sherbrooke ABSTRACT Parallel to studies on directors’ independence, the representation of women and CEO/Chairman duality, this study is intended to examine whether investors take directors’ age and tenure and age and tenure homogeneity into account. Utilizing a sample of Canadian firms listed on the Toronto Stock […]
THE IMPACT OF DEDICATED INTERNAL AUDIT FUNCTIONS ON STATE GOVERNMENTAL COMPLIANCE AUDIT FINDINGS
Frank Nation Quentin Kuntzman Mark Buxton University of Illinois Springfield ABSTRACT This paper continues a stream of research focused upon the effectiveness of compliance audits of state governmental agencies. Compliance audits hold state entities accountable for their operational effectiveness and their compliance with laws and regulations. This study extends prior research by examining additional, possibly […]
IS ECONOMIC VALUE ADDED SUPERIOR TO EARNINGS AND CASH FLOWS IN EXPLAINING MARKET VALUE ADDED? AN EMPIRICAL STUDY
Ahmad N. Obaidat Tafila Technical University ABSTRACT This study investigates if Economic Value Added (EVA) is superior to Net Operating Profit after Tax (NOPAT) and Net Cash Flow (NCF) in explaining the change in the Market Value Added (MVA) of the non-financial firms listed on Amman Stock Exchange (ASE) for the year 2016. The results […]
USERS’ PERCEPTIONS OF USEFULNESS AND RELEVANCE OF FINANCIAL STATEMENT NOTE DISCLOSURES AND INFORMATION OVERLOAD
Elsie Henderson Mount Saint Vincent University ABSTRACT The objective of the financial statement note disclosures is to provide relevant and useful information for decision-making (Kieso et al., 2016). However, there are concerns financial statement note disclosures have become so extensive that there is now information overload and users may lose sight of important information (Iannaconi, […]
WHICH FIRMS ACQUIRE? DETERMINANTS OF ACQUISITIONS
Vusal Eminli University of the Pacific ABSTRACT This study investigates predictors of being an acquiring firm. Employing several variables deemed to have an impact on the likelihood of becoming an acquirer, such as firm beta, Tobin’s Q, leverage, liquidity, size, earnings, sales, cash flows, and R&D expenditures and controlling for fixed-effects, it was found that […]
USING PIVOT TABLE TO TEST MARKET ANOMALY
Ben Branch William Orland University of Massachusetts Amherst Aixin Ma Oklahoma City University ABSTRACT This study contributes to the field of finance in two folds. First, it extends the test of January anomaly by examining potential paradigm shift. Second, it introduces an intuitive and ease-to-learn tool, pivot table, to students and practitioners in finance so […]
IMPACT OF INTERNAL CONTROL OVER FINANCIAL REPORTING UNDER THE SARBANES-OXLEY ACT ON A FIRM’S STOCK PRICE AND STOCK VOLATILITY
Morsheda Hassan Grambling State University Raja Nassar Louisiana Tech University Aaron Whitherspoon Grambling State University ABSTRACT This study examines the impact of the first filing of the annual financial report 10-K by public firms after the enactment of the Sarbanes-Oxley (SOX) Act in July 30, 2002 on the stock price and volatility. Form 10-K is […]
