This study analyzes the evolution of the Financial Accounting Standards Board (FASB)’s Statement of Financial Accounting Standards (SFAS) 141 and 142, through a detailed analysis of comment letters submitted to the FASB on Business Combinations Exposure Drafts 201 and 201 (Revised). Comment letters, an integral part of the standard-setting process, contain valuable insights on the views of part...

Authors' A Oncology, Netherland Medicine Pharmaceu Correspon icine, Radb HB Nijmeg 3618942. E

Nonperforming assets (NPA) reflect the risk factor of the concerned commercial bank. Some of these banks operate at a threshold point where further reduction of NPA is not possible without reducing loans and advances, a desirable output. Pursuing an additive slack based efficiency DEA model the potential rate of reduction of NPA is explored for 50 commercial banks operating on Indian soil.

This paper explores the concepts of synergy, economies of scope and complementary in an attempt to refine the concept of synergy. The paper develops a taxonomi consisting of four kinds of synergies: 1)The static and subadditive synergies consisting of economies of scope and asset amortization benefits, 2) the static and superadditive synergies known from the treatment by Ansoff (1965), 3) the d...

We propose the first provably secure zero-knowledge (ZK) argument of knowledge (AoK) protocol running at close to 1 megabyte per second (MBps) on commodity hardware – about an order of magnitude faster than relevant current protocols. It is a post-quantum, (efficientprover) honest-verifier (HV) statistical zero-knowledge (SZK) sigma protocol in the standard model under a hardness assumption on ...

Corporate social responsibility (CSR) is one of the main drivers corporate reputation. Many studies show that CSR can positively affect financial performance (FP) and vice versa. However, relationship between FP depends on type industry in which company operates, there little research regarding energy sector this area. The basis empirical study slack resource theory argues cause performance. Th...

A perpetual youth overlapping generations model is presented in which the presence of financial frictions can create the crowd-in effect of asset bubbles that promotes capital accumulation. The existence of asset bubbles increases the equilibrium interest rate. Although the increased interest rate excludes less productive agents from production activity, these agents benefit from the liquidity ...

The relation between a firm’s stock return and its intangible investment ratio and asset tangibility is derived under the intangible-asset-augemnted (IAA) q-theory framework. Using firm level data and the Generalized Method of Moments (GMM), we estimate the model and three main results emerge. First, the IAA q-theory captures the value premium and the relation between R&D intensity and stock re...