Given these market imperfections, finance scholars have considered various theories to explain why companies should or should not pay dividends and to what extent dividend policy may affect firm value. For exam
The FASB maintained, on the other hand, the distinction between operating and finance leases under ASC 842 in order to mitigate the front-loading effect of the new standard in the lessee’s income statement (PwC, 2016). Although ASC 842 moves towards a more principles-based accounting for ...
subsequently, when these bubbles burst fair value exacerbates negative spirals. By using financial theories to value assets, it raises the question as to whether accounting is trying to be finance (Power, 2010). The reliance on finance theory creates an interdependence between accounting and finance,...
Respondents’ job titles include chief executive officer, manager, chief financial officer, group controller, and finance manager. We assess whether there is non-response bias in our survey data. What matters is not just the (non-)response rate, but also the difference between respondents and ...