Research Panel: Variation in Women Attaining Full Professorships at Research Universities and Non-Tenured Faculty Systems in the US and Abroad

Employing Part-Time and Temporary Academic Staff: A Comparative Perspectiv

EVA reconsidered for the Greek capital market

The present study examines the explanatory power of one value based performance measure (Economic Value Added) and three other traditional accounting measures (Earnings Per Share, Return On Investment, Return On Equity) in explaining stock market returns in the framework of Athens Stock Exchange for the period 1996-2005. Methodology is based on studies performed for the same capital market by Maditinos, Theriou and Šević (2005; 2006), Maditinos, Šević and Theriou G (2007), Maditinos, Šević, Chatzoglou and Theriou (2007) and Maditinos, Šević, Theriou and Demetriadis (2007). Results show EPS to provide the greatest value relevance in explaining stock market returns consistent with that of previous studies. Moreover, the explanatory power of the pair wise combinations of EVA with each traditional accounting performance measure is also examined. The pair wise combination of EVA with EPS grants for a significant increase of the explanatory power, compared to EPS explanatory power examined alone (from 2.9 to 7.6 per cent), in explaining stock market returns, consistent again with the previous findings.peer-reviewe

Traditional and currently developed management accounting practices – a Greek study

This study investigates the extent to which Greek firms have implemented various traditional and currently developed management accounting practices, the benefits received from those practices and the intentions to focus on specific practices in the future. The findings indicate, that, overall the rates of adoption of traditional management accounting practices were marginaly higher than the currently developed techniques. However, there were techniques such as budgeting and formal strategic planning, which were more widely practiced than those found in previous surveys. Also evidence suggests that firms are willing to place greater emphasis in the future on currently developed techniques instead the traditional ones, particularly performance evaluation techniques and strategic management accounting.peer-reviewe

COBRA framework to evaluate e-government services: A citizen-centric perspective

E-government services involve many stakeholders who have different objectives that can have an impact on success. Among these stakeholders, citizens are the primary stakeholders of government activities. Accordingly, their satisfaction plays an important role in e-government success. Although several models have been proposed to assess the success of e-government services through measuring users' satisfaction levels, they fail to provide a comprehensive evaluation model. This study provides an insight and critical analysis of the extant literature to identify the most critical factors and their manifested variables for user satisfaction in the provision of e-government services. The various manifested variables are then grouped into a new quantitative analysis framework consisting of four main constructs: cost; benefit; risk and opportunity (COBRA) by analogy to the well-known SWOT qualitative analysis framework. The COBRA measurement scale is developed, tested, refined and validated on a sample group of e-government service users in Turkey. A structured equation model is used to establish relationships among the identified constructs, associated variables and users' satisfaction. The results confirm that COBRA framework is a useful approach for evaluating the success of e-government services from citizens' perspective and it can be generalised to other perspectives and measurement contexts. Crown Copyright © 2014.PIAP-GA-2008-230658) from the European Union Framework Program and another grant (NPRP 09-1023-5-158) from the Qatar National Research Fund (amember of Qatar Foundation

Implementation Critical Success Factors (CSFs) for ERP: Do they contribute to implementation success and post-implementation performance?

Extent: 55 p.Frequent commentaries in the literature have stated that certain critical success factors (CSFs) have to be accomplished in an organisation for an Enterprise Resource Planning (ERP) system project to be successful. In this study we argue and demonstrate empirically that success in implementing an ERP system and in gaining performance improvement should be conceptualised as two separate dependent variables. The distinction is made because the former aspect is based upon project delivery outcomes, while the latter assesses post-ERP project performance. We question whether some factors labelled as 'critical' success factors for ERP projects are in practice actually critical for achieving success in implementation and improving output performance. To examine this we report an empirical study that has investigated whether four major CSFs are in practice critical for achieving organisational performance improvements, and the role that successful implementation may play in influencing the relationship between CSFs and improvements in organisational performance. A conceptual model was devised and then analysed using structural equation modelling, based on data collected from 217 organisations. We found that some CSFs were not critical to achieve success in ERP implementation but were critical to help an organisational achieve performance improvement from an ERP system. Additionally, we also found that achieving successful ERP system implementation mediates the degree to which a CSF affects output performance improvement. The managerial and research implications of these findings are discussed and the limitations of the study noted.Jiwat Ram, David Corkindale, Ming-Lu W

A Bayesian method to improve sampling in weapons testing

This thesis describes a Bayesian method to determine the number of samples needed to estimate a proportion or probability with 95% confidence when prior bounds are placed on that proportion. It uses the Uniform [a,b] distribution as the prior, and develops a computer program and tables to find the sample size. Tables and examples are also given to compare these results with other approaches for finding sample size. The improvement that can be obtained with this method is fewer samples, and consequently less cost in Weapons Testing is required to meet a desired confidence size for a proportion or probability.http://archive.org/details/bayesianmethodto00florLieutenant Commander, Hellenic NavyApproved for public release; distribution is unlimited

Research Panel: Variation in Women Attaining Full Professorships at Research Universities and Non-Tenured Faculty Systems in the US and Abroad

Employing Part-Time and Temporary Academic Staff: A Comparative Perspectiv

Linking profits to asset-liability management of domestic and foreign banks in the UK

This paper employs the statistical cost accounting method on a sample of 36 domestic and 44 foreign banks operating in the UK over the period 1996-2002 to examine the relationship between profits and asset-liability composition. The sample was initially split into high and low profit banks by comparing their operating profit with the industry average. The results show that high profit banks experience considerably lower cost of liabilities for most sources of funding, which can cover any losses from the lower rate of return on assets that they experience compared to their lower profit competitors. The sample was then split into domestic and foreign banks. The operating profit that domestic banks experience appeared to be generated by the loans that they hold on their earning assets portfolio and their fixed assets while the operating profit of foreign banks was generated by all the assets that comprise their portfolios. Turning to liabilities, in both cases customer and short-term funding was found to be more costly than other sources of funding. © 2004 Taylor & Francis Ltd

The transition from the Greek accounting system to IFRS: evidence from the manufacturing sector

Over the past few decades, globalisation and the expansion of business investments and capital markets have led to a demand for high quality accounting information. Regulation (EC) No. 1606/2002 was applied in line with the process of internationalisation, involving the mandatory adoption of International Financial Reporting Standards (IFRS) by all listed European companies from 2005 onwards. The primary objective of this study is to examine whether the mandatory adoption of IFRS in the EU has affected the structure of a specific set of Greek companies reporting under IFRS and under the Greek accounting system (GAS). We therefore conducted our investigation on a sample of 38 Greek manufacturing firms reporting under the GAS and under IFRS for the same year 2004, which also traded on the Athens Stock Exchange (ASE) during the above-mentioned period. The study is based on their balance sheet and income statement figures prepared both under the GAS and IFRS model. We then analysed the quantitative effects of IFRS adoption on key accounting financial ratios in relation to the Greek accounting system. The results indicate that the adoption of IFRS affects the magnitude of accounting ratios, such as the asset turnover ratio, the ratio of owner's equity to total assets, the ratio of total liabilities to total equity, and the ratio of owner's equity to total liabilities.International Financial Reporting Standards; IFRS; International Accounting Standards; IAS; Greek Accounting Standards; Greek accounting system; fair value; Greece; manufacturing industry; accounting ratios.