Implications of The Results for Sound Financial Management Strategies, Corporate Governance, and Managerial and Financial Accounting Perspectives

Canal companies were among the first enterprises to be organized in the corporate form and to require large amounts of capital. This paper examines the stockholder review committee of a 19th century corporation, the Chesapeake and Ohio Canal Company (C&O), and discusses how the C&O used this corporate governance structure to monitor and improve financial management and operations. A major strength was the concern and dedication of the stockholders to the company, while a major weakness was the political control exerted by the State of Maryland. The paper provides an historical perspective on corporate governance in the 19th century. This research contributes to the literature by providing detailed workings and practices of a stockholder review committee. The paper documents corporate governance efforts in archival sources that provide an early example of accountability required in a corporate charter and the manner in which the stockholders carried out this responsibility.

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Risk Prevention and Control of Real Estate Financial Management Based on Computerized Financial Accounting

Journal of Physics Conference Series ◽

10.1088/1742-6596/1744/4/042012 ◽

2021 ◽

Vol 1744 (4) ◽

pp. 042012

Author(s):

Wenhao Jiao

Keyword(s):

Real Estate ◽

Financial Management ◽

Prevention And Control ◽

Financial Accounting ◽

Risk Prevention ◽

And Control

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Determination of the Value of Intangible Assets in the Companies of Lithuania

Economics and Culture ◽

10.1515/jec-2017-0018 ◽

2017 ◽

Vol 14 (2) ◽

pp. 55-68 ◽

Cited By ~ 1

Author(s):

Rita Bužinskienė

Keyword(s):

Financial Management ◽

Intangible Assets ◽

Fair Value ◽

Financial Information ◽

Financial Accounting ◽

True Value ◽

A Value ◽

The Impact

AbstractIn accordance with generally accepted accounting standards, most intangibles are not accounted for and not reflected in the traditional financial accounting. For this reason, most companies account intangible assets (IAs) as expenses. In the research, 57 sub-elements of IAs were applied, which are grouped into eight main elements of IAs. The classification of IAs consists in two parts of assets: accounting and non-accounting. This classification can be successfully applied in different branches of enterprises, to expand and supplement the theoretical and practical concepts of the company's financial management. The article proposes to evaluate not only the value of financial information for IAs (accounted) but also the value of non-financial information for IAs (non-accounted), thus revealing the true value of IAs that is available to the companies of Lithuania. It names a value of general IAs. The results of the research confirmed the IA valuation methodology, which allows companies to calculate the fair value of an IA. The obtained extended IAs valuation information may be valuable to both the owners of the company and investors, as this value plays an important practical role in assessing the impact of IAs on the market value of companies.

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What do we know about meta-analyses in accounting, auditing, and corporate governance?

Meditari Accountancy Research ◽

10.1108/medar-03-2018-0317 ◽

2019 ◽

Vol 27 (1) ◽

pp. 17-43 ◽

Cited By ~ 3

Author(s):

Patrick Velte

Keyword(s):

Corporate Governance ◽

Literature Review ◽

Quantitative Research ◽

Management Accounting ◽

Meta Analysis ◽

Financial Accounting ◽

Content Type ◽

Moderating Variables ◽

Independent Variable ◽

Meta Analyses

PurposeThe purpose of this paper is to summarize the key findings of meta-analyses in accounting, auditing and corporate governance research.Design/methodology/approachA structured literature review on 63 meta-analyses related to financial accounting, management accounting, auditing, and corporate governance is conducted.FindingsMost of the previous meta-analyses have been focused on the topic of corporate governance with a clear focus on board composition as an independent variable and by integrating research- and country-specific moderating variables. Meta-analyses in management accounting are rare; furthermore, no meta-analysis in tax accounting has been published yet.Originality/valueMeta-analyses on these topics are expected to become increasingly important in the following years because of the increased number of empirical quantitative research. This literature review gives useful insights for research, practice and regulation.

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Transaksi Pihak Berelasi: Kompensasi Manajemen Kunci, Kinerja Akuntansi, dan Multiple Large Shareholders

Jurnal Ilmiah Universitas Batanghari Jambi ◽

10.33087/jiubj.v20i3.1071 ◽

2020 ◽

Vol 20 (3) ◽

pp. 877

Author(s):

Gandy Wahyu Maulana Zulma ◽

Fitri Chairunnisa ◽

Azolla Degita Azis

Keyword(s):

Corporate Governance ◽

Performance Evaluation ◽

Executive Compensation ◽

Financial Accounting ◽

Executive Management ◽

Accounting Performance ◽

Large Shareholders ◽

Research Findings ◽

Research Period ◽

Positive Effect

The aim of this study is to examine whether multiple large shareholders held by the company can affect the relation between accounting performance and executive compensation, using panel data of all publicly company in Indonesia (except financialand mining industries) with the research period 2017-2019. The result shows that the existence of 2nd largest shareholders that owns more than 10% stocks and also if the board has representation from 2nd largest shareholders in the company, it can reduce the positive effect of accounting performance to executive compensation. This research findings could be as an additional literature in financial accounting and corporate governance area, and also for practitioners in Indonesia that if a firm has good controlling function from multiple large shareholders, it can reduce the opportunistic discretion from executive management if the company has performance evaluation based on earnings.

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PENGARUH TATA KELOLA PEMERINTAH DAERAH TERHADAPTRANSPARANSI PENGELOLAAN KEUANGAN DAERAH: BUKTI EMPIRIS PADA PEMERINTAH PROVINSI DI INDONESIA

Jurnal Akuntansi ◽

10.24912/ja.v21i3.251 ◽

2017 ◽

Vol 21 (3) ◽

pp. 448

Author(s):

Syamsul Syamsul ◽

Irwan Taufiq Ritonga

Keyword(s):

Corporate Governance ◽

Regression Model ◽

Financial Management ◽

Local Governments ◽

Environmental Governance ◽

Local Governance ◽

Government Officials ◽

Simple Regression Model ◽

Simple Regression

This study developed a research Beekes and Brown (2006) who found that corporate governance makes companies more informative (more transparent). This study aims to prove whether the same results were also found in environmental governance in Indonesia. The theory is used to achieve the goal of this research is the theory of agency. This research was conducted in 32 local governments in Indonesia. Based on a simple regression model, this study shows that local governance affects positively the transparency of local financial management. Such findings reinforce previous research. The findings of this study provide a useful contribution to government officials (executive and legislative), in demonstrating the important role of local governance in encouraging the transparency of local financial management. In addition, the findings of this study can be used as the basis for further research related to the topic of local governance and transparency of local financial management.

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