Assessing Comparability of Accounting Information Using Panel Data Analysis

This study examines how relevant the accounting information was for the value of the firm prior to 2016, when India had the indigenous Accounting Standards, and after 2016 when India adopted new accounting standards known as IND-AS, which were the convergence standards mostly in line with IFRS. As an extension to this, we have performed another round of analysis to observe whether the enhanced value relevance is symmetrically distributed among big and small firms. We have used the price regression model of (Barth et al, 2008) on 1770 firm-years data of Indian firms and applied panel data analysis. We have found 66% adjusted R2 under OLS method for the period prior to 2016 and 78% for the post-change period. Further to this, big and small firms, in the new regime, have shown 84% and 89% adjusted R2. From the results, we have found substantial improvement in value relevance of accounting information in the IND-AS period. We have also found that the enhanced value relevance is uniformly distributed across firms irrespective of firm-size.

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Credit Market Depth and Income Inequality in Vietnam: A Panel-Data Analysis

Journal of Economics and Development ◽

10.33301/2016.18.02.01 ◽

2016 ◽

pp. 5-18

Author(s):

Hoi Le Quoc ◽

Hoi Chu Minh

Keyword(s):

Data Analysis ◽

Panel Data ◽

Income Inequality ◽

Financial Development ◽

Inflection Point ◽

Panel Data Analysis ◽

Credit Market ◽

Method Of Moment ◽

Market Depth ◽

Generalized Method Of Moment

Financial development could exert various effects on income distribution of a country. By employing Generalized Method of Moment, this paper aims at examining the impacts of credit market depth, one of most used financial development barometers, on income inequality in Vietnam. The empirical findings show that expanding credit market in the country could lead to higher income inequality. We have not found evidence that supports the hypothesis of an inverted U-shaped relation ever introduced by Greenwood and Jovanovich, although this hypothesis may still hold in a sense that Vietnam has not reached to the inflection point to generate such a curve alike.

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ÖRGÜTLERDE ÖRGÜTSEL BOLLUĞUN GİRİŞİMSEL ORYANTASYON ÜZERİNDEKİ ETKİSİ

Business And Management Studies An International Journal ◽

10.15295/bmij.v4i3.10 ◽

2016 ◽

Vol 4 (3) ◽

Author(s):

Nurdan Gürkan ◽

Ahmet Ferda Çakmak

Keyword(s):

Corporate Governance ◽

Data Analysis ◽

Panel Data ◽

Strategic Management ◽

Significant Relationship ◽

Entrepreneurial Orientation ◽

Panel Data Analysis ◽

Organizational Slack ◽

Analysis Method ◽

The Relationship

The concept of entrepreneurial orientation, which emerges with the development of strategic management, refers to entrepreneurship orientations of businesses. The businesses need resources in other words organizational slack in order to develop their entrepreneurial trends. The organizational slack consists of three slack type. These slack types are available slack, recoverable slack and potential slack. The purpose of this study is to examine whether organizational slack in the businesses has an effect on entrepreneurial orientation. The relationship between organizational slack and entrepreneurial orientation was investigated through 20 companies that were traded in Borsa Istanbul Corporate Governance Index for 2010-2014 period using panel data analysis method. The results of the study indicate the existence of a statistically significant relationship between and the available slack and the recoverable slack with the entrepreneurial orientation in the businesses. According to findings; there was no statistically significant relationship between potential slack and entrepreneurial orientation.

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