The Impact of Globalization on International Finance and Accounting: 18th Annual Conference on Finance and Accounting (ACFA) (Springer Proceedings in Business and Economics)

Annotation This proceedings volume analyzes the impact of globalization on international financial flow as well as harmonized financial reporting. Featuring contributions presented at the 18 th Annual Conference on Finance and Accounting held at the University of Economics in Prague, this book examines the economic consequences of the globalized world in the sphere of corporate and public finance, monetary systems, banking, financial reporting and management accounting. The global perspective is accompanied by local specific cases studies, including those from emerging markets. In addition, the combination of micro- and macroeconomic approaches provide insights on the behavior of all relevant stakeholders in the process and the results of dynamic pressures surrounding global capital markets and international investments. This book will serve as a useful resource for scholars and researchers, practitioners and policy makers in the fields of finance, economics and accounting Front Matter ....Pages i-ix The Impact of Corporate Income Taxation on Location Choice of Investments: Separate Accounting Versus Formula Apportionment (Hulya Celebi)....Pages 1-14 Environmental Sustainability as a Determinant of Foreign Direct Investments: Empirical Evidence from Sweden (Olga Golubeva)....Pages 15-26 Are R&D-Active SMEs in the Emerging Markets Financially Constrained? Self-Evaluation Approach (Katarzyna Prędkiewicz, Paweł Prędkiewicz)....Pages 27-34 Tax Incentives for Innovative Small Business: The Russian Model (Anastasiia Grinkevich, Larisa Grinkevich, Olga Belomyttseva)....Pages 35-42 Relationships Between World Stock Market Indices: Evidence from Economic Networks (Vojtěch Fučík)....Pages 43-51 The Financial Evaluation of Population Growth in Relation to Development Aid: China Versus India (Two Nation Brands’ Stories) (Rostislav Mansfeld, Barbora Růžičková)....Pages 53-60 The Relationship Between Government Expenditure on Education and Economic Growth: The Case of France (Nesrin Ozatac, Nigar Taspinar, Oubayda El Rifai, Baris Eren)....Pages 61-70 Exchange Rate Exposure and Usage of Foreign Currency Derivatives by Indian Nonfinancial Firms (Krishna Prasad, K. R. Suprabha)....Pages 71-80 Are the Central and Eastern European Countries More Vulnerability to the External Shocks? (Vilma Deltuvaitė)....Pages 81-87 Micro-level Evidences of Moral Hazard in the European Financial Institutions (Karel Janda, Oleg Kravtsov)....Pages 89-98 Changes in Mortgage LTV Schemes: Are We Facing New Price Bubble on Residential Market? (David Mazáček)....Pages 99-106 Liability Risk Management of Central European Banks Under New Regulatory Requirements (Hana Džmuráňová, Martina Hejdová, Petr Teplý)....Pages 107-116 Tax Efficiency of Czech Insurance Undertakings (Hana Bártová)....Pages 117-122 Financial Innovations in Equity Issuance: A Prague Stock Exchange Review (Petr Jiránek)....Pages 123-135 The Reasons Underlying Retail Banking Homogenization in the Second Half of the Nineteenth Century (Vojtěch Müllner)....Pages 137-144 Relationship Between the Company Size and the Value: Empirical Evidence (Přemysl Krch)....Pages 145-152 A Note on the Gordon Growth Model with Taxes (Olga Belomyttseva, Larisa Grinkevich, Anastasiia Grinkevich)....Pages 153-159 Indirect Valuation and Earnings Stability: Within-Company Use of the Earnings Multiple (Michal Kaszas, Karel Janda)....Pages 161-172 Measurement of Profit Losses from Brand Damage: The Case of an Unlisted Company (Tomáš Krabec, Romana Čižinská)....Pages 173-180 Czech Industrial Real Estate Market: The Quest for Realistic Model (Jaroslav Kaizr)....Pages 181-193 Financial Performance of Czech Subsidiaries of the EU-Listed Companies (David Procházka)....Pages 195-204 Cash Flow Ratios’ and Liquidity Ratios’ Analysis of Selected Listed Companies in Sri Lanka (Aleksandre Petriashvili)....Pages 205-216 Searching for Today’s Purpose of Remunerating Employee Inventions Through Grounded Theory (Pavel Svačina, Gabriela Antošová)....Pages 217-227 A Fiscal Demography: Toward Demographic Approach to Public Finance (Artur Walasik)....Pages 229-235 Spatial Concentration of Local Government Expenditure in the Czech Republic (Lucie Sedmihradská, Guner Tuncer, Ersin Nail Sagdic)....Pages 237-244 Economic Voting in the 2006 Czech General Election (Ivana Tomankova)....Pages 245-255 Social Expenditures and Poverty in Central and Eastern European Union Countries: A Causality Analysis (Yilmaz Bayar, Mahmut Unsal Sasmaz)....Pages 257-263 Are Health-Care Services Luxury Goods? (Paulina Ucieklak-Jeż, Agnieszka Bem, Paweł Prędkiewicz, Rafał Siedlecki)....Pages 265-271 The Relationship between Corruption and Tax Burden: The Moderator Effect of Strength of Auditing and Reporting Standards (Gul Yesilcelebi, Nazli Keyifli)....Pages 273-279 Different Approaches in Business Information Disclosures in European Annual Reports (Marcela Žárová)....Pages 281-289 What Are the Origins of New Leasing Conceptual Models and How These Models Are Coming True in IFRS 16? (Mariana Peprníčková)....Pages 291-299 Company in a Global Environment and Intangible Assets (Teresa Maszczak)....Pages 301-309 The Concept of Measurement and Reporting of Human Capital (Wojciech Koziol)....Pages 311-318 Exploratory Analysis of Voluntary Reporting on Human Resources in the Czech Republic (Petr Petera, Jaroslav Wagner)....Pages 319-325 The Pricing of Audit Fees: Empirical Evidence from Czech Republic (Michal Šindelář)....Pages 327-334 The Going Concern Threats and Deferred Tax Assets Recognition: The Gap Between Theory and Practice (Ireneusz Górowski)....Pages 335-340 The IFRS Assessment by Publicly Traded Companies (Simona Tuzarová, Ladislav Mejzlík)....Pages 341-346 IFRS 5 and Its Reporting in the Czech Republic (Jan Hospodka)....Pages 347-355 Explaining Risk Premium on Bank Bonds by Financial Ratios (Ovunc Gursoy)....Pages 357-364 The Use of Tax and Nontax Provisions and Allowances (Irena Honková)....Pages 365-373 Revenue Recognition in the Public Hospitals (Josef Krupička)....Pages 375-384 A Literature Review of Financial Performance Measures and Value Relevance (Nattarinee Kopecká)....Pages 385-393 The Relation Between Using Business Intelligence Solutions and Corporate Performance (David Špičák)....Pages 395-401 Economic Security Indicators Forecasting for Management Decisions Based on Integrated Reporting Data (Alsu Ahmetshina, Roza Kaspina, Linar Molotov)....Pages 403-409 Multidimensional Process of Financial Controlling Implementation (Anna Siemionek, Michał Chalastra)....Pages 411-419 Strategic and Operational Perspective of the Principles of Identification of the Scopes of Responsibility for Costs (Michał Chalastra)....Pages 421-431 The Use of Management Accounting Information in Non-financial Reporting and Interaction with Stakeholders of Public Companies (Alsu Ahmetshina, Venera Vagizova, Roza Kaspina)....Pages 433-439 The First and the Second Generation of Statistical Methods in Management Accounting Research (Ladislav Šiška)....Pages 441-448 Estimation of Housing Demand with Adaptive Neuro-Fuzzy Inference Systems (ANFIS) (Olgun Aydin, Elvan Aktürk Hayat)....Pages 449-455 Corporate Tax as an Instrument of Tax Competition Among the EU Countries (Robert Matusiak)....Pages 457-469 Back Matter ....Pages 471-484 "This proceedings volume analyzes the impact of globalization on international financial flow as well as harmonized financial reporting. Featuring contributions presented at the 18th Annual Conference on Finance and Accounting held at the University of Economics in Prague, this book examines the economic consequences of the globalized world in the sphere of corporate and public finance, monetary systems, banking, financial reporting and management accounting. The global perspective is accompanied by local specific case studies, including those from emerging markets. In addition, the combination of micro- and macroeconomic approaches provide insights on the behavior of all relevant stakeholders in the process and the results of dynamic pressures surrounding global capital markets and international investments. This book will serve as a useful resource for scholars and researchers, practitioners and policy makers in the fields of finance, economics and accounting."--Back cover