This report was based on research funded by the U.S. Department of Education’s Office of Elementary and Secondary Education through a Grant for Enhanced Assessment Instruments that was awarded to the North Carolina Department of Public Instruction, in partnership with the Council of Chief State School Officers and its SCASS TILSA and SCASS CAS. Publication of this document shall not be construe...

We examine how firms evaluate and compensate their chief financial officers (CFOs). CFOs participate in decision making much like other executives, but unlike most other executives they have fiduciary responsibilities for reporting firms’ financial results and safeguarding the integrity of financial reporting. Responsibility for financial reporting raises the question of whether it is appropria...

Any homeowner who has shopped around for a mortgage would recognize many of the concerns facing the chief financial officer (CFo) puzzling over her firm’s optimal debt maturity. A CFo may ask, “Should my firm sell a long-term bond and lock in the current 30-year rate, or should my firm sell a five-year note and refinance in five years?” one of the CFo’s concerns is that the five-year loan may s...

We examine the effect of top management team (TMT) professional finance experience on firm investment efficiency. Top managers with a career background in help reduce deviations from level warranted by fundamentals. Reductions inefficiencies are achieved financial expert using project-specific rather than company-wide, discount rates for project evaluation and facilitating debt equity issuance ...

Critical Success Factors (CSFs) are used to support and evaluate the success of a strategic and tactical approach in project implementation in order to increase the probability of success. This system is used by executors in project delivery to achieve improved performance capabilities with limited resources. The present paper aims to identify the impact of CSFs amongst the main elements involv...