Financial Statement of a company is a reflection of the operational and financial position of a company. The comparative analysis of two companies similar in nature, size, work, location and objectives etc., facilitates an understanding of the operational and financial soundness of the companies. The Kingdom of Saudi Arabia is aiming for rapid industrialization in its economy. Sahara Petrochemi...

this study addresses executive compensation from shareholders perspective by empirically examining the effects of chief executive officer (ceo) compensation on firm performance subsequent to the year of compensation. three factors of ceo compensation are examined, size, total annual compensation; form percentage of total compensation comprised of cash, cash bonuses and stock; and sensitivity. t...

Discount rate method is a tool for asset pricing in the theories of investment and corporate finance, using discount to exchange from future cashflows present value, but some limitation this could not capital cost (WACC) charges ($WACC) exactly at each time. The aim paper exploit an based on consequent inflows (yang) outflows (yin) relevant ancient graphic He Tu Yi Jing, repair paying stakehold...

Executive pay disparity, as measured by chief executive officer (CEO) pay slice (CPS), is positively associated with the implied cost of equity, even after controlling for other determinants of the cost of equity. The difference in the cost of equity can explain 43% of the difference in the valuation effect attributable to CPS reported by Bebchuk, Cremers, and Peyer (2011). Further analysis sho...

We examine the effects o subscription behavior and wealth transferring controlled by larger shareholders on price discount of private placement. Price discount of private placement and wealth transferring effect exhibits a significant trend when larger shareholders subscribe more private placement shares. Shares proportion subscribed by larger shareholders, shares size of private placement and ...

This paper examines the effect of accounting restatements on a firm’s cost of equity capital. We show that, on average, accounting restatements lead to both decreases in expected future earnings and increases in the firm’s cost of equity capital. Depending on the model used, relative percentage increases in the cost of equity capital average between 7 and 19% in the month immediately following ...

In the present research, a multi-objective model is proposed, which considers equity among the citizens in addition to the cost criterion. Then, the model will be solved using Reservation Level Tchebycheff Procedure (RLTP), which is one of the interactive multi-objective decision-making techniques. Subsequently, the obtained results will be compared with those of the single-objective models to ...