IJBAF.V12.N1.2018

Alan Wong Indiana University Southeast Barbara Alemanni SDA Bocconi School of Management and University of Genoa, Italy ABSTRACT Traditional finance is rooted in the standard utility theory. However, a relatively new field, behavioral finance, argues that some investment decisions are affected by psychological biases, rendering them not optimal. This study explores ten such psychological biases […]

Daniel H. Boylan Jamie L. Philipp Michael A. Latini Winder University ABSTRACT The continued growth of accounting software along with its growing ease of use is reducing the need for these services to be provided directly by the accounting profession. Businesses are increasingly opting to replace professional accounting services for more affordable software, causing the […]

D.K. Malhotra Raymond R. Poteau Philip S. Russel Thomas Jefferson University ABSTRACT The insurance industry plays a vital role in the US economy. In 2015, the U.S. life and health insurance industry generated total revenue of $848.2 billion The economic crisis of 2007- 2009 had a major negative impact on many financial institutions, including the […]

Ronald A. Stunda Valdosta State University ABSTRACT This study extends prior research on the subject of goodwill by exploring the impact that goodwill write-downs have on security prices in general, and by specific industry. Results indicate that for firms experiencing goodwill impairment, there is a negative and significant relationship between accounting earnings and share prices […]

Daniel Tschopp Saint Leo University Doug Barney Indiana University Southeast Passard C. Dean Saint Leo University ABSTRACT The purpose of financial reporting is to help users make informed decisions. Over time the reporting process has become more and more complex. Reporting standards and rules have increased both in terms of quantity and sophistication. Because of […]

Gregory Chase West Liberty University Brandon Galici Edward Jones ABSTRACT Microfinance has improved the standard of living for large numbers of individuals around the world, especially in developing countries. The loans given out by these institutions allow individuals to transform themselves from being dependent on society to being empowered and independent. One continuing problem facing […]

Bert J. Zarb Embry-Riddle Aeronautical University ABSTRACT Profits in the airline industry have been on a roller-coaster ride since deregulation in the late seventies. Factors such as oil prices, passenger demand, ticket prices, ancillary charges, and revenue management have been cited as causes of profit volatility. This study examines the effect of liquidity, solvency, and […]

Ahmad N. Obaidat Tafila Technical University ABSTRACT This study investigates the association between income smoothing and stock market price volatility of non-financial firms listed on Amman Stock Exchange (ASE) for the period extending from 2011 to 2017. Utilizing a sample of firms listed on the ASE and controlling for four variables (firm sector, size, profitability, […]

Leonard Branson Frank Nation Megan Rothe University of Illinois Springfield ABSTRACT This study represents the fourth in a series of studies focusing on compliance audits of state governmental units. The current study focuses on expanding the results of the previous studies (e.g., Decker, & Green, 2011; Branson, Nation, & Clark, 2016; Branson, Nation, & Stephens, […]

Raili M. Pollanen Carleton University Kenneth Kangwu Xi Justice Canada ABSTRACT This study investigates the effects of using balanced scorecard (BSC) measures in executive compensation on organizational performance, including performance effects of their fit with organizational context. Utilizing large public companies, the study found significant associations between the use of BSC-based measures in executive compensation […]