Journal of Finance and Accounting

Volume 4, Issue 4, July 2016

  • The French Companies and Their Stock Market Performance at the Launch of Corporate Acquisition Programs

    Omar Boufama

    Issue: Volume 4, Issue 4, July 2016
    Pages: 157-163
    Received: 23 March 2016
    Accepted: 11 May 2016
    Published: 07 June 2016
    Downloads:
    Views:
    Abstract: This paper presents an econometric analysis of the profitability generated at the initiation of the corporates acquisition programs by French investors. These programs generally launched by the firms directors, need to have a high frequency of acquisition attempts, in order to cover fixed costs of the program and generate profits, which they increa... Show More
  • Financial Crisis in the Euro-Zone and Moral Hazard

    Hernán Ricardo Briceño Avalos

    Issue: Volume 4, Issue 4, July 2016
    Pages: 164-178
    Received: 07 June 2016
    Accepted:
    Published: 08 June 2016
    Downloads:
    Views:
    Abstract: The aim of this document is provide empirical evidences and theoretical knowledge about how the compelling current Sovereign Debt Crisis in the periphery Euro-zone countries was triggered in accordance with Moral Hazard theory, because the implicit and explicit externalization of risk cost for commercial financial institutions. Different from tradi... Show More
  • Debating the ‘Evolution of Accounting Equation’: A Cross-Case Analysis Approach

    Tibuhinda Ngonzi

    Issue: Volume 4, Issue 4, July 2016
    Pages: 179-187
    Received: 20 May 2016
    Accepted: 30 May 2016
    Published: 13 June 2016
    Downloads:
    Views:
    Abstract: This paper is an interrogation of the applicability of the recently introduced ‘new form of accounting equation’ and a ‘dynamic approach to accounting for capital structure’ (JFA 2013: 1(44) 55-63). It explicates the issues related to the methodological foundations at the base of the model specification and the estimated parameters. It goes on to c... Show More
  • Accounting Record Keeping Practices in Small and Medium Sized Enterprise’s (SME’s) in Sri Lanka

    M. W. Madurapperuma, P. M. C. Thilakerathne, I. N. Manawadu

    Issue: Volume 4, Issue 4, July 2016
    Pages: 188-193
    Received: 12 April 2016
    Accepted: 06 May 2016
    Published: 14 June 2016
    Downloads:
    Views:
    Abstract: Small and Medium Enterprises (SMEs) play vital role in many countries including Sri Lanka, because of its role for the country's economic growth. This study discovers the level of awareness towards the importance of Accounting Record Keeping Practices and its information usage in the business. The research design is based on a survey methodology us... Show More
  • The Quality of Mandatory Disclosure by Listed Companies in Bangladesh

    Mohammad Abu Sufian

    Issue: Volume 4, Issue 4, July 2016
    Pages: 194-201
    Received: 23 May 2016
    Accepted: 05 June 2016
    Published: 23 June 2016
    Downloads:
    Views:
    Abstract: The main thrust of this paper is to assess the level of mandatory disclosures attributable to the quality of mandatory disclosure practices by the listed companies in Bangladesh. It is also designed to examine the trend of disclosure over the year and to investigate the variation of disclosure across the samples and industries for measuring the qua... Show More
  • Determinants of Dividend Policy for Companies Listed at Dar Es Salaam Security Exchange (DSE), a Case of Selected Listed Companies

    Magambo Evelyne F.

    Issue: Volume 4, Issue 4, July 2016
    Pages: 202-211
    Received: 10 May 2016
    Accepted: 23 June 2016
    Published: 06 July 2016
    Downloads:
    Views:
    Abstract: The main objective of the study was to establish the determinants of dividend policies of companies listed at DSE. Specifically, the study aimed to identify factors that influence dividend policy among listed companies and explore the statistical relationship between determinants of dividend policy. Correlation and regression analysis were used to ... Show More
  • Dividend Policy and the Profitability of Selected Quoted Manufacturing Firms in Nigeria: An Empirical Analysis

    Henry Waleru Akani, Yellowe Sweneme

    Issue: Volume 4, Issue 4, July 2016
    Pages: 212-224
    Received: 23 May 2016
    Accepted: 12 June 2016
    Published: 06 July 2016
    Downloads:
    Views:
    Abstract: This paper examined the impact of dividend policy on the profitability of selected quoted manufacturing firms in Nigeria from 1981 – 2014. The objective was to investigate the existing relationship between dividend policy and profitability of the selected quoted manufacturing firms in Nigeria. Time series data were computed from financial statement... Show More
  • The Effect of Market Risk on Financial Performance of Commercial Banks in Kenya

    Jane Gathigia Muriithi, Willy Mwangi Muturi, Kennedy Munyua Waweru

    Issue: Volume 4, Issue 4, July 2016
    Pages: 225-233
    Received: 17 June 2016
    Accepted: 07 July 2016
    Published: 23 July 2016
    Downloads:
    Views:
    Abstract: Despite the growth in the Kenyan banking sector, market risk still remains a major challenge. The objective of study was to assess the effect of market risk on financial performance of commercial banks in Kenya. The study covered the period between year 2005 and 2014. Market risk was measured by degree of financial leverage, interest rate risk and ... Show More
  • Influence of Hedging Cost upon Weather Derivatives Pricing

    Teng Lei

    Issue: Volume 4, Issue 4, July 2016
    Pages: 234-238
    Received: 24 January 2016
    Accepted: 29 February 2016
    Published: 02 August 2016
    Downloads:
    Views:
    Abstract: Weather derivatives play a major role in risk management of non-catastrophic weather market. The healthy development of the derivatives market is inseparable from the reasonable pricing of the product itself. As non-traditional financial derivatives, weather derivatives can provide a good risk hedging. Meanwhile, in the weather derivatives market, ... Show More
  • Factors Analysis on the Level of Cash Dividend in Chinese Gem Listed Companies

    Lin Huijuan, Huang Qianhong

    Issue: Volume 4, Issue 4, July 2016
    Pages: 239-244
    Received: 02 August 2016
    Accepted:
    Published: 03 August 2016
    Downloads:
    Views:
    Abstract: The growth enterprise market (gem), which has the characteristic of strong cash dividend, is a supplement to the main board market and take an indispensable part in the financing platform and the multi-level capital market in China, but the current achievements in the research reveals that researchers who studied the cash dividend mostly based on t... Show More