journal of accounting advances (j.a.a) vol. 5, no. 1, 2013, ser. 64/3     extended abstract   monitoring role of auditing and corporate dividend payout policies   dr. v. khodadadi              s. hajizadeh               r. ghorbani shahid chamran university of ahvaz   introduction the aim of this paper is to investigate the relation between monitoring role of independent auditing and corporate ...

The study attempts to show the impact of working capital management on profitability ninety-eight Kosovo-based SMEs, primarily in manufacturing and construction sectors. data were obtained from financial statements these companies for years 2010 through 2020, assumptions verified using Ordinary least square (OLS) method. To express SMEs profitability, return assets (ROA) is taken as a dependent...

This paper provides a new explanation for the use of convertible preferred equity in venture capital. It explains that the key feature of the convertible security is to create different cash flow rights for acquisitions and IPOs. It shows how the convertible security implements an optimal trade-off between the need to allocate cash flows to the venture capitalist and the desire to make efficien...

hydrogen is an unusual substance in that its molecule exists in two forms, known as ortho and para, with markedly different properties. energy level of the ortho molecule is higher than para, therefore, the latter is employed for industrial purposes. consequently, for a high  conversion of  ortho to para hydrogen a catalyst reactor must be employed.  therefore, one of  the main objectives of th...

There is a need for manufacturing companies to monitor their working capital the purpose of ensuring continuity. This study examined effect management on profitability listed in selected African countries from 2014 2019. The are Botswana, Ghana, Kenya, Nigeria, South Africa and Zambia. criteria selecting these were that they must have functional stock exchange be member Commonwealth nations sam...

©2006 Medical Group Management Association. All rights reserved. Many medical group practices find that weak cash flow represents their top financial challenge. No matter how strong their productivity, payer mix or market position, claim processing and collections bog down. Five “failure points” in the revenue cycle typically account for most of the financial drag. Fixing them takes focus, dete...

Trade credit represents a substantial portion of short-term credit for most firms. A trade credit decision is usually limited to a comparison of the effective cost of trade credit with the annual cost of borrowing. If the cost of not taking the cash discount exceeds the firm’s borrowing cost, the decision is to take the cash discount. This article examines traditional trade credit analysis, and...

Shareholders have imperfect control over the decisions of the management of a firm. We integrate a widely accepted version of the separation of owership and control — Jensen’s (1986) free cash flow theory — into a dynamic equilibrium model and study the effect of imperfect corporate control on asset prices and investment. We assume that firms are run by empire-building managers who prefer to in...