The Impact of Globalization on International Finance and Accounting: 18th Annual Conference on Finance and Accounting (ACFA)

469 Pages·2018·6.56 MB·English

by  David Procházka (eds.)

Springer Proceedings in Business and Economics
David Procházka E ditor
The Impact of
Globalization
on International
Finance and
Accounting
18th Annual Conference on Finance and
Accounting (ACFA)
Springer Proceedings in Business and Economics
Moreinformationaboutthisseriesathttp://www.springer.com/series/11960
David Procha´zka
Editor
The Impact of Globalization
on International Finance
and Accounting
18th Annual Conference on Finance
and Accounting (ACFA)
Editor
DavidProcha´zka
FacultyofFinanceandAccounting
UniversityofEconomics,Prague
Prague,CzechRepublic
ISSN2198-7246 ISSN2198-7254 (electronic)
SpringerProceedingsinBusinessandEconomics
ISBN978-3-319-68761-2 ISBN978-3-319-68762-9 (eBook)
https://doi.org/10.1007/978-3-319-68762-9
LibraryofCongressControlNumber:2017960836
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Contents
TheImpactofCorporateIncomeTaxationonLocationChoice
ofInvestments:SeparateAccountingVersusFormula
Apportionment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
HulyaCelebi
EnvironmentalSustainabilityasaDeterminantofForeign
DirectInvestments:EmpiricalEvidencefromSweden. . . . . . . . . . . . . . 15
OlgaGolubeva
AreR&D-ActiveSMEsintheEmergingMarketsFinancially
Constrained?Self-EvaluationApproach. . . . . . . . . . . . . . . . . . . . . . . . 27
KatarzynaPre˛dkiewiczandPawełPre˛dkiewicz
TaxIncentivesforInnovativeSmallBusiness:TheRussianModel. . . . 35
AnastasiiaGrinkevich,LarisaGrinkevich,andOlgaBelomyttseva
RelationshipsBetweenWorldStockMarketIndices:Evidence
fromEconomicNetworks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
VojteˇchFucˇ´ık
TheFinancialEvaluationofPopulationGrowthin
RelationtoDevelopmentAid:ChinaVersusIndia
(TwoNationBrands’Stories). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
RostislavMansfeldandBarboraRu˚žicˇkova´
TheRelationshipBetweenGovernmentExpenditureonEducation
andEconomicGrowth:TheCaseofFrance. . . . . . . . . . . . . . . . . . . . . . 61
NesrinOzatac,NigarTaspinar,OubaydaElRifai,andBarisEren
ExchangeRateExposureandUsageofForeignCurrencyDerivatives
byIndianNonfinancialFirms. .. . . . . . . . . . . . . .. . . . . . . . . . . . . .. . . 71
KrishnaPrasadandK.R.Suprabha
v
vi Contents
AretheCentralandEasternEuropeanCountriesMoreVulnerability
totheExternalShocks?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81
VilmaDeltuvaite˙
Micro-levelEvidencesofMoralHazardintheEuropeanFinancial
Institutions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89
KarelJandaandOlegKravtsov
ChangesinMortgageLTVSchemes:AreWeFacingNewPrice
BubbleonResidentialMarket?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99
DavidMaza´cˇek
LiabilityRiskManagementofCentralEuropeanBanksUnder
NewRegulatoryRequirements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107
HanaDžmura´nˇova´,MartinaHejdova´,andPetrTeply´
TaxEfficiencyofCzechInsuranceUndertakings. . . . . . . . . . . . . . . . . . 117
HanaBa´rtova´
FinancialInnovationsinEquityIssuance:APragueStockExchange
Review. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123
PetrJira´nek
TheReasonsUnderlyingRetailBankingHomogenization
intheSecondHalfoftheNineteenthCentury. . . . . . . . . . . . . . . . . . . . 137
VojteˇchMüllner
RelationshipBetweentheCompanySizeandtheValue:Empirical
Evidence. . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 145
PrˇemyslKrch
ANoteontheGordonGrowthModelwithTaxes. . . . . . . . . . . . . . . . . 153
OlgaBelomyttseva,LarisaGrinkevich,andAnastasiiaGrinkevich
IndirectValuationandEarningsStability:Within-CompanyUse
oftheEarningsMultiple. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161
MichalKaszasandKarelJanda
MeasurementofProfitLossesfromBrandDamage:TheCase
ofanUnlistedCompany. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173
Toma´sˇ KrabecandRomanaCˇižinska´
CzechIndustrialRealEstateMarket:TheQuestforRealistic
Model. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181
JaroslavKaizr
FinancialPerformanceofCzechSubsidiariesoftheEU-Listed
Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 195
DavidProcha´zka
Contents vii
CashFlowRatios’andLiquidityRatios’AnalysisofSelectedListed
CompaniesinSriLanka. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 205
AleksandrePetriashvili
SearchingforToday’sPurposeofRemuneratingEmployeeInventions
ThroughGroundedTheory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 217
PavelSvacˇinaandGabrielaAntosˇova´
AFiscalDemography:TowardDemographicApproachtoPublic
Finance. . .. . . . .. . . .. . . . .. . . .. . . . .. . . .. . . . .. . . .. . . . .. . . .. . 229
ArturWalasik
SpatialConcentrationofLocalGovernmentExpenditure
intheCzechRepublic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 237
LucieSedmihradska´,GunerTuncer,andErsinNailSagdic
EconomicVotinginthe2006CzechGeneralElection. . . . . . . . . . . . . . 245
IvanaTomankova
SocialExpendituresandPovertyinCentralandEasternEuropean
UnionCountries:ACausalityAnalysis. . . . . . . . . . . . . . . . . . . . . . . . . 257
YilmazBayarandMahmutUnsalSasmaz
AreHealth-CareServicesLuxuryGoods?. . . . . . . . . . . . . . . . . . . . . . . 265
PaulinaUcieklak-Jez˙,AgnieszkaBem,PawełPre˛dkiewicz,
andRafałSiedlecki
TheRelationshipbetweenCorruptionandTaxBurden:
TheModeratorEffectofStrengthofAuditingandReporting
Standards. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 273
GulYesilcelebiandNazliKeyifli
DifferentApproachesinBusinessInformationDisclosures
inEuropeanAnnualReports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 281
MarcelaZˇa´rova´
WhatAretheOriginsofNewLeasingConceptualModels
andHowTheseModelsAreComingTrueinIFRS16?. . . . . . . . . . . . . 291
MarianaPeprn´ıcˇkova´
CompanyinaGlobalEnvironmentandIntangibleAssets. . . . . . . . . . . 301
TeresaMaszczak
TheConceptofMeasurementandReportingofHumanCapital. . . . . . 311
WojciechKoziol
ExploratoryAnalysisofVoluntaryReportingonHumanResources
intheCzechRepublic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 319
PetrPeteraandJaroslavWagner
viii Contents
ThePricingofAuditFees:EmpiricalEvidencefromCzech
Republic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 327
MichalSˇindela´rˇ
TheGoingConcernThreatsandDeferredTaxAssets
Recognition:TheGapBetweenTheoryandPractice. . . . . . . . . . . . . . . 335
IreneuszGo´rowski
TheIFRSAssessmentbyPubliclyTradedCompanies. . . . . . . . . . . . . . 341
SimonaTuzarova´ andLadislavMejzl´ık
IFRS5andItsReportingintheCzechRepublic. . . . . . . . . . . . . . . . . . 347
JanHospodka
ExplainingRiskPremiumonBankBondsbyFinancialRatios. . . . . . . 357
OvuncGursoy
TheUseofTaxandNontaxProvisionsandAllowances. . . . . . . . . . . . . 365
IrenaHonkova´
RevenueRecognitioninthePublicHospitals. . . . . . . . . . . . . . . . . . . . . 375
JosefKrupicˇka
ALiteratureReviewofFinancialPerformanceMeasures
andValueRelevance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 385
NattarineeKopecka´
TheRelationBetweenUsingBusinessIntelligenceSolutions
andCorporatePerformance. . . . .. . . . . .. . . . .. . . . . .. . . . . .. . . . .. 395
DavidSˇpicˇa´k
EconomicSecurityIndicatorsForecastingforManagement
DecisionsBasedonIntegratedReportingData.. . . . .. . . .. . . . .. . . .. 403
AlsuAhmetshina,RozaKaspina,andLinarMolotov
MultidimensionalProcessofFinancialControlling
Implementation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 411
AnnaSiemionekandMichałChalastra
StrategicandOperationalPerspectiveofthePrinciples
ofIdentificationoftheScopesofResponsibilityforCosts. . . . . . . . . . . 421
MichałChalastra
TheUseofManagementAccountingInformationinNon-financial
ReportingandInteractionwithStakeholdersofPublicCompanies. . . . 433
AlsuAhmetshina,VeneraVagizova,andRozaKaspina
TheFirstandtheSecondGenerationofStatisticalMethods
inManagementAccountingResearch. . . . . . . . . . . . . . . . . . . . . . . . . . 441
LadislavSˇisˇka
Contents ix
EstimationofHousingDemandwithAdaptiveNeuro-Fuzzy
InferenceSystems(ANFIS). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 449
OlgunAydinandElvanAktürkHayat
CorporateTaxasanInstrumentofTaxCompetitionAmong
theEUCountries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 457
RobertMatusiak
Index. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 471