Advances in Quantitative Analysis of Finance and Accounting Vol.12

Advances in Quantitative Analysis of Finance and Accounting (New Series) is an annual publication designed to disseminate developments in the quantitative analysis of finance and accounting. The publication is a forum for statistical and quantitative analyses of issues in finance and accounting as well as applications of quantitative methods to problems in financial management, financial accounting, and business management. The objective is to promote interaction between academic research in finance and accounting and applied research in the financial community and the accounting profession.
The papers in this volume cover a wide range of topics including financial accounting, corporate finance, and investment analysis.
In this volume there are ten chapters, five of them are financial accounting papers: 1. The Role of Dividend Conservatism in Earnings Management, 4. Analysts’ Reluctance to Voice Conservative Opinions and the Informational Value of Long-Term Earnings Growth Forecasts, 5. Market Reaction to the Changes in Pension Accounting Introduced by SFAS No. 158, 7. The Effect of Voluntary Disclosure on Firm Risk and Firm Value: Evidence from Management Earnings Forecasts, and 10. An Examination of the Relationship between Audit Fees and Real Earnings Management Using a Simultaneous Equations Model.
Four of the other five chapters cover corporate finance: 3. Financial Conglomerates and Board Structure on Bank Performance: Some Evidence after the Sarbanes-Oxley Act, 6. The Cost of Capital Effects of Accruals Quality before and after Restatements -- A Revisit of Francis Et Al. (2005) in a Restatement Setting, 8. Operations Research Models for Capital Budgeting: Some New Approaches and Models, and 9. Small and Large-Scale Monetary Gambles and Behavioral-Preference Approaches.
The remaining one chapter covers investment analysis. The paper is: 2. Natural Disasters, Insurance Stocks and the Numeraire Portfolio.