rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: A
    title: study of the market reaction to the formulation of SFAS no. 14
  name:
    name part: Thompson, Forrest.
    role:
      role term: creator
  name:
    name part: Cooper, S. K.
    role:
      role term: degree committee member.
  name:
    name part: Richards, R.
    role:
      role term: degree committee member.
  name:
    name part: Strawser, Robert H.
    role:
      role term: degree supervisor.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: bibliography
  genre: Academic theses.
  origin info:
    place:
      place term: txu
    date issued: 1978
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: x, 108 leaves : graphs ; 28 cm
  abstract: There is a growing recognition that the setting of financial accounting standards which governs what businesses must report and how these companies must describe their economic operations needs to be viewed more broadly than simply from a technical accounting perspective. Also, the current climate of public opinion seems to reflect a growing disenchantment with the policy-making procedures of the profession. The objective of this study was to investigate the market reaction to the formulation process used by FASB in developing an accounting standard. This process includes the following steps: technical agenda, discussion memorandum, public hearing, exposure draft, and final statement. SFAS No. 14 was selected for study because of its important impact on a major accounting issue, the reporting requirements of diversified companies. To accomplish third objective, the "market model" was used with the residuals being averaged over cross-sectional samples of heterogeneous companies. Residuals were analyzed for a sixty day period centered on the five significant formulation dates in the development of SFAS No. 14. The basic research question was whether the development of SFAS No. 14 provided any new or useful information to the market, and if so, when this information was acted upon in the market by capital agents. After computing the results and applying the statistical tests, the results were mixed. The implications of these finding suggest that there is no conclusive evidence that the market reacted to the formulation process used by the FASB as reflected in the formulation of SFAS No. 14.
  note: by Forrest Thompson.
  note: "Major subject: Business Administration (Accounting)."
  note: Vita.
  note: Texas A & M University
  note: Includes bibliographical references (leaves 104-107).
  subject:
    topic: Accounting
  subject:
    topic: Accounting
    topic: Law and legislation
  subject:
    topic: Business Administration (Accounting)
  subject:
    topic: Accounting
  subject:
    topic: Accounting
    topic: Law and legislation
  identifier: http://proxy.library.tamu.edu/login
  identifier: https://hdl.handle.net/1969.1/DISSERTATIONS-324097
  related item:
    location:
      url: http://proxy.library.tamu.edu/login
  related item:
    location:
      url: https://hdl.handle.net/1969.1/DISSERTATIONS-324097
  record info:
    record content source: TXA
    record creation date: 790227
    record change date: 20220103135444.0
    record identifier: in00000300299
    language of cataloging:
      language term: eng