IJBAF.V8.N1.2014

Jeffery R. D’Amico Kenneth A. Winkelman Peter D. Lucido SUNY College at Old Westbury ABSTRACT This study examines the pitfalls and planning opportunities for taxpayers attempting to change domicile from a state that imposes estate and inheritance tax to a state that does not have such taxes, using New York State as the subject state […]

John Frazier Southern Wesleyan University ABSTRACT This paper investigates the currency hedging strategy of a Manufacturing firm for the year 2012. A brief review of risk management and hedging currency is provided. A regression analysis is performed to determine if there are any variables that would be useful in predicting the exchange rate. The study […]

D.K. Malhotra Lloyd Russow Philadelphia University Rahul Singh BIMTECH ABSTRACT This study sets out to evaluate the determinants of foreign direct investment (FDI) in Brazil, Russia, India, and China over 1995 to 2012 time period. In this study,foreign direct investment was modeled as a function of economic and non-economic/institutional variables. It was found that both […]

Hassan Hamadi Roy Khoueiri Maud Moawad Notre Dame University – Louaize ABSTRACT This study focuses on the major micro and macroeconomics variables that affect banks’ setting of interest rates for loans and deposits, in Lebanon. Secondary data taken from the Lebanese central bank and IMF are used for all banks in Lebanon; Banks were divided […]

Syed M. Harun Josephine Sosa-Fey Texas A&M University–San Antonio ABSTRACT This study examines the impact of monetary policy actions on the returns of savings institutions. Monetary policy actions have asymmetric effects on returns across different monetary policy environments. Additionally, the returns of savings institutions are statistically significantly affected by positive policy surprises (larger than expected […]

Raili M. Pollanen Carleton University ABSTRACT This study investigates the use of performance measurement and control systems for various purposes in Canadian organizations, particularly for complying with regulatory control requirements, as well as related implementation issues and outcomes. Most organizations have implemented various performance measurement and control practices, particularly nonfinancial performance measures and enhanced internal […]

Peter Aghimien Abdullah A. Asiri Abdullah G. Yamani King Abdulaziz University ABSTRACT Business Combinations occur when an entity obtains control over another entity. The regulation history behind accounting for business combinations arose in 1970 with APB Opinion No. 16, which permitted the purchase method as well as the pooling of interests method. In an attempt […]

Deniz Parlak Doğuş University, İstanbul ABSTRACT In academic world much controversy exists regarding the performance of pension and mutual funds. Some studies have concluded that actively managed funds on average, underperform their passively managed counterparts whereas other studies have shown just the reverse. Another important debate centers on the persistence of under- and over-performance of […]

James DiLellio Joetta Forsyth Pepperdine University ABSTRACT This study examines income falsification on mortgage applications during the housing bubble using a measure of income falsification called “clusters.” The cluster measure is based on the tendency of people to pick similar numbers, including rounded numbers. Reported income on mortgage applications produced income clusters that rise and […]

Ben Branch University of Massachusetts Aixin Ma Hossein Shafa Ron Shaw Oklahoma City University ABSTRACT This study examines the performance of socially responsible mutual funds during the January 2008 to March 2010 period. During that time the stock market fell off a cliff and then went through a rapid recovery. The authors use both regression […]