This paper develops a formal model to study earnings manipulation. It analyzes the effects of real earnings auditor quality and at-risk incentive on management's earnings manipulation decision. It shows that the management ...
After describing the major events in the regional financial crisis I shall link them to structural problems in Asian finance. These structural problems arise from institutional limitations grounded in the culture and ...
This paper was written by William Steel, Toby Daglish, Lisa Marriott, Norman Gemmell, Howell, Bronwyn and presented at a seminar on 20 March 2013, info here
Setting aside certain complications that can arise due to market power it is a relatively straightforward matter to derive (if not implement) a valuation formula for FTRs and to relate FTR valuation with the proceeds of ...
Interest in the governance of Maori collectives has grown considerably over the past decade as significant settlements have been made between the Crown and various tribes (iwi) under the Treaty of Waitangi and also as Maori ...
The purpose of this paper is to examine the association of differences in economic incentives between for-profit (FP) and nonprofit (NP) hospice care providers with management performance using financial and nonfinancial ...
The paper takes the efficiency objective of the authorisation process under theCommerce Act 1986 as given. This objective makes competition law completely consistent with thrust of New Zealand public policy since the early ...
This report describes the process and results of the evaluation of five State Owned Enterprises (SOEs). It incorporates a comparison of their performance with that of NZ Rail. The SOE study taken as a whole is useful in ...
PowerPoint slides presented by Bronwyn Howell at The Journalists Training Organisation Courses hosted by Victoria University Continuing Education and Executive Development are available for download here.
This paper provides an economic assessment of the costs and benefits of harmonising New Zealand's commercial laws and regulations with those in Australia or with an OECD norm. It argues that unless the definition of ...
This paper examines the importance of jumps in asset prices for investment problems potentially incorporating consumption decisions. We present a technique for solving investment-consumption problems when asset prices jump. ...
Various studies indicate a negative relationship between investment on the one hand and regulation reduced regulatory quality and increased regulatory uncertainty on the other. Shifts to a proportional representation form ...
Two-part tariffs are a common feature of utility pricing. In particular telecommunications firms apply the two-part tariff to pricing telephony for which there is a telephone network access price and a telephone call price. ...
How do industry structures and other institutional arrangements affect growth and innovation in the New Zealand agricultural sector? Put another way how can those structures and arrangements be improved to better facilitate ...
New Zealand's current competition laws like Canada's are comparatively new. The Commerce Act (the "Act") and Canada's Competition Act were both passed in 1986. The New Zealand Act in essence recognises the efficiencies ...
Whatever the statutory differences or language differences in Guidelines between Canada and the US the application of competition rules and procedures is remarkably similar in the two countries. Recent adjustments to the ...
On January 27 the Justice Minister released a discussion document proposing to criminalise cartel activities such as price fixing and bid rigging. In this seminar Professor Evans will consider efficiency aspects of the ...
Co-operatives provide a vehicle for the vertical integration of production andprocessing in agriculture. The producers provide capital for and control theprocessing entity so that their interests are aligned. Returns to ...
This paper considers the application of competition law and price regulation inthe very small and isolated economy that is New Zealand. It argues that the total surplus (efficiency) criterion should be applied in tests of ...