Do Firms in Insolvency Proceedings Publish Their Financial Statements?

Frenemies: How Do Financial Firms Vote on Their Own Kind?

The financial sector is unique in being largely self-governed: the majority of financial firms’ shares are held by other financial institutions. This raises the possibility that monitoring of financial firms is especially undermined by conflicts of interest due to personal and professional links between these firms and their shareholders. To investigate this possibility, we scrutinize the aspec...

Do Financial Analysts Recognize Firms’ Cost Behavior?

This study explores whether financial analysts understand two aspects of cost behavior cost variability and cost stickiness. Since analysts’ understanding is not directly observable, we model the process of earnings prediction to generate empirically testable hypotheses regarding analysts’ comprehension of cost variability and cost stickiness. Empirical findings suggest that analysts make syste...

Do Financial Incentives Increase Doctors’ Willingness to Publish Research? – A Pilot Study of 21 Junior Doctors

Bankruptcy Proceedings for Sovereign State Insolvency and their E®ect on Capital Flows

The paper examines the main issues involved in translating domestic bankruptcy procedures to the sovereign context. It considers some of the principles by which domestic bankruptcy procedures operate, and the extent to which they apply to international lending. Two recent proposals are considered in more detail, that of Krueger (2001) and that of Pettifor (2002). The paper also considers the qu...

Analyzing Financial Statements

1. Describe the balanced scorecard and dashboard reporting. 2. Describe the four key elements of dashboard reporting. 3. Explain what the most important measure of financial success is. 4. Explain what a health care firm’s primary financial objective should be. 5. Describe the critical drivers of financial performance. 6. Discuss relevant healthcare financial performance measures. 7. Describe t...