This paper examines if the market rationally prices the loan loss provisions, and the fair value gains and losses of US banks. We also model the discretionary components of loan loss provisions and fair value gains and losses, and test if the discretionary components are priced differently from their non-discretionary counterparts. We find little evidence that the market misprices operating cas...

Title of Dissertation: An Alternative Measure to Detect Intentional Earnings Management through Discretionary Accruals Salma S. Ibrahim, 2005 Dissertation Directed By: Professor Oliver Kim, Accounting and Information Assurance Department This study proposes an alternative measure of discretionary accruals that can be used in testing for intentional earnings management. Prior research has shown ...

The present study was aimed to investigate the effects of oil price shocks on discretionary fiscal policies in selected OPEC countries during 1980-2015. In this regard, the heterogeneous dynamic reaction to structural shock was examined using Panel Structural Vector Autoregressive (PSVAR) technique. Based on the findings, the effect of oil price shocks on discretionary fiscal policy was positiv...

The use of Data Envelopment Analysis (DEA) in many fields is based on total flexibility of the weights. However, the problem of allowing total flexibility of the weights is that the values of the weights obtained by solving the unrestricted DEA program are often in contradiction to prior views or additional available information. Also, many applications of DEA assume complete discretionary of d...

Most performance evaluation models in operations management literature have assumed that tasks possess standardized completion criteria. However, in many operation systems, particularly in service and professional work, judgment is frequently required to determine when a task is completed. In thin paper, we show that introducing discretion in task completion adds a fourth variability buffer, qu...

Most performance evaluation models in operations management literature have assumed that tasks possess standardized completion criteria. However, in many operation systems, particularly in service and professional work, judgment is frequently required to determine when a task is completed. In thin paper, we show that introducing discretion in task completion adds a fourth variability buffer, qu...

Abstract Built on the exclusive funding of 1,000 large transnational corporations, World Economic Forum is a not-for-profit Swiss foundation, aiming to shape direction globalization. Its events are characterized by low degrees formality and transparency. Research what this organization does scarce. This article suggests term discretionary governance capture precarious, yet existing, social orde...