banks play important roles in promoting national development. in order to provide efficient services and to perform their statutory roles effectively, banks are required to comply with established standards. in nigeria, the statement of accounting standards (sas), companies and allied matters act (cama) and the central bank of nigeria’s directives and regulations provide guidelines to banks in ...

Discounted-utilitarian welfare, the commonest social objective studied by economists, is the basis for the theory of green accounting in terms of social utility. Sustainability is a different type of social objective. Consequently, green accounting as derived in many empirical models is not appropriate for studying sustainability. Maximin is a consistent foundation for the analysis of sustainab...

The services offered by Internet Data Centers involve the provision of storage, bandwidth and computational resources. A common business model is to charge consumers on a pay-per-use basis where they periodically pay for the resources they have consumed (as opposed to a fixed charge for service provision). The pay-per-use model raises the question of how to measure resource consumption. Current...

The influence of heterogeneous time preferences on the term structure is investigated. Motivated by the Preferred Habitat Theory of Modigliani and Sutch, a model for intertemporal preferences accounting for preferred habitats is proposed. In a heterogeneous world, preferred habitats can explain humps in the yield curve. Agents with a long habitat prefer long term bonds to shorter instruments as...

1. The IMF paper on this subject is greatly to be welcomed as a resolution of this issue is overdue. The IMF paper presents a summary of the different positions and includes a useful numerical example. This note is written in response to the IMF paper, including some comments on the example. The conclusions reached in this paper are very different from those of the IMF. I remain convinced that ...

The goal of this paper is to identify key financial and accounting variables that can accurately classify Green IT leaders against Green IT followers. The detailed objectives are: (i) to build and compare single and meta classifiers to identify the relationship between environmental performance and financial performance; (ii) to select and interpret a final prediction model with a smaller set o...

Over the past 80 years, the source and mechanism of the International Great Depression (IGD) has been a heated topic of interest with little consensus on the horizon. In this paper, we compare the Great Depressions in the US and Western Europe using the business cycle accounting method a la Chari, Kehoe and McGrattan (CKM 2007). We extend the business cycle accounting model by including endogen...

the aim of this paper is how to predict stock return by using accounting ratios and also by using the procedure of neural network. this paper has considered the prediction of stock return by using accounting ratios with two procedures, the artificial neural network and least square regression. the independent variables in this paper are accounting ratios and dependent variable of stock return, ...

The purpose of this study is to provide a macroeconomic analysis of fiscal policy in the Czech Republic during the transformation period 1989-1995. In contrast to those studies which are based on “decline accounting”, disentangling different factors from each other and ascribing to them specific roles in the overall decline, this study focuses exclusively on fiscal policy and tries to identify ...