Risk: When to Hold ‘em, When to Fold ‘em
February 04, 2010
As we approach the end of the decade, it’s obvious that the past ten years have presented stakeholders with opportunities for substantial gain and substantial loss, and that the distribution of those gains and losses has been very uneven.
The start of the decade greeted us with the arrival of a revolutionary new technology: the Internet.
Chairman's Corner
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02/04/10
01/14/10
12/01/09
11/10/09
10/15/09
09/14/09
08/06/09
06/15/09
05/27/09
04/30/09
04/16/09
03/13/09
02/18/09
02/12/09
01/02/09
12/08/08
11/12/08
09/25/08
08/06/08
06/26/08
06/18/08
04/30/08
03/17/08
02/07/08
01/03/08
12/04/07
10/29/07
08/13/07
06/30/07
06/14/07
04/26/07
03/19/07
03/06/07
01/29/07
01/08/07
12/13/06
10/24/06
09/28/06
08/03/06
09/07/07
06/29/06
06/17/06
06/14/06
05/30/06
05/09/06
03/22/06
03/06/06
INDUSTRY REPORT: Commercial Real Estate
February 24, 2010
Commercial real estate prospects remain dim. Although the IRS extension to 2010 of its temporary relief allowing stock dividends will provide REITs with some cash preservation, market fundamentals are still weakened with higher vacancy rates and lower lease prices. REITs will continue to face challenges related to maintaining debt service coverage ratios and refinancing underwater
Research
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TITLE
02/24/10
02/11/10
02/10/10
01/26/10
01/05/10
12/17/09
12/03/09
12/02/09
11/19/09
11/12/09
11/05/09
10/28/09
10/22/09
10/21/09
10/14/09
10/12/09
09/23/09
09/22/09
09/18/09
09/16/09
08/27/09
08/26/09
08/19/09
08/13/09
08/12/09
08/04/09
07/23/09
07/14/09
07/01/09
06/24/09
06/17/09
06/08/09
06/03/09
06/03/09
05/27/09
05/20/09
04/30/09
04/22/09
03/26/09
03/23/09
03/16/09
02/26/09
02/23/09
01/28/09
01/22/09
12/11/08
10/10/07
09/03/08
06/17/08
06/12/08
02/08/07
08/16/07
08/14/07
06/12/07
03/08/07
06/18/07
08/06/07
03/12/07
12/14/06
11/21/06
11/17/06
05/16/06
09/18/06
02/02/06
11/11/05
Bankruptcy White Paper
March 03, 2010
The recent economic downturn has brought bankruptcy risk to the forefront of investor and corporate stakeholder concerns. The need exists for more effective approaches to identifying the companies most likely to go bankrupt or suffer severe financial distress. With an increase in the number of bankruptcies and the changing nature of company failures – driven
"Detecting and Predicting Accounting Irregularities: A Comparison of Commercial and Academic Risk Measures"
- Richard A. Price III, Rice University; Nathan Y. Sharp, Texas A&M University; David A. Wood, Brigham Young University
- Richard A. Price III, Rice University; Nathan Y. Sharp, Texas A&M University; David A. Wood, Brigham Young University
February 02, 2010
Although a substantial body of academic research is devoted to developing and testing risk proxies that detect or predict accounting irregularities, the academic literature has paid little attention to commercially developed risk measures. This is surprising given the general consensus that accruals-based risk proxies in the academic literature are very noisy (McNichols [2000]). We compare
Academic Papers
DATE
TITLE
02/02/10
- Richard A. Price III, Rice University; Nathan Y. Sharp, Texas A&M University; David A. Wood, Brigham Young University
10/01/09
- Douglas F. Prawitt, Glen Ardis Professor of Accountancy, Marriott School of Management, Brigham Young University; Nathan Y. Sharp, Mays Business School, Texas A&M University; David A. Wood, Brigham Young University and Indiana University
10/01/09
- Shannon L. Charles, Brigham Young University; Steven M. Glover, Brigham Young University; Nathan Y. Sharp, Texas A&M University
09/04/09
"Rating the Ratings: How Good Are Commercial Governance Ratings?"
- Robert M. Daines and David F. Larcker, Graduate School of Business, Rock Center for Corporate Governance, Stanford University; Ian D. Gow, Kellogg School of Management, Northwestern University
07/01/09
06/01/09
"Litigation Risk and Market Reaction to Restatements"
- Katsiaryna Salavei, Dolan School of Business, Fairfield University; Joseph Golec, Department of Finance, University of Connecticut; and John P Harding, Department of Finance, University of Connecticut
11/01/08
"The Pricing Properties of Audit Integrity’s AGR Measure"
- Walter N. Torous, Lee and Seymour Graff Endowed Professor, UCLA Anderson School of Management
11/23/05
