FREE delivery to all EXCLUSIVE BOOKS stores nationwide. FREE delivery to your door on all orders over R450. Excludes all international deliveries.

New Perspectives of Profit Smoothing

Domitilla Magni
    Product form
      FORMAT: Paperback / softback

      R 3,006.43 Price and availability exclusive to website

      YOU COULD EARN 3,006.43 FUTURE RETAIL DISCOUNTS.
      ESTIMATED DELIVERY: Approx. 10 - 15 Business Days
      BUY NOW PAY LATER
      From R 501.07 per month!
      3x monthly payments of R 1,002.14 with
      4x fortnightly payments of R 751.60 with
      In a first approximation, profit may seem like a simple and intuitive concept, but the definition is not limited to a single conceptual category. Analysis of the definition and role of profit must be implemented with a study at the corporate level. This book discusses the phenomenon of profit smoothing, implemented by management, which aims to maintain a constant flow of profit over time. On an operational level, the phenomenon of profit smoothing analyses and determines the correlation existing between a shock to a variable at the corporate level and the relationship between this shock and profit.This book discusses the main reasons, at the strategic level, of the phenomenon of profit smoothing and summarizes this into three groups. Firstly, the functionality of this phenomenon for corporate management is to transmit to the external environment, and especially to external investors, a business reality devoid of crisis and imbalances. Secondly, this initial motivation engages basically the second. In fact, levelling the trend of profit from year to year, top management can reduce the risk perceived from the outsiders and as from the company’s insiders. Thirdly, this justification is related to the stability of the flow of dividends. Profit smoothing places great emphasis on the phenomenon of dividends. It should be note how in fact the profit smoothing is used to keep the expectations of shareholders profit from one period to another.This book is focused on the profit smoothing and, in particular, how this phenomenon is established in developing-economies like the Chinese one, and will be of interest to academics, researchers, and students of corporate finance.
      Format: Paperback / softback CONTRIBUTORS: Domitilla Magni EAN: 9783030212889 COUNTRY: Switzerland PAGES: WEIGHT: 454 g HEIGHT: 210 cm
      PUBLISHED BY: Springer Nature Switzerland AG DATE PUBLISHED: 2020-08-14 CITY: GENRE: BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Finance / General WIDTH: 148 cm SPINE:

      Book Themes:

      China, Development economics and emerging economies, Corporate finance

      Customer Reviews

      Be the first to write a review
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      Domitilla Magni is currently a Research Fellow at the Roma Tre University, Italy, after completing her PhD in 2017 from La Sapienza University of Rome, Italy in Management Banking and Commodity Sciences. She has participated as a lecturer at many conferences on financial issues and strategic management alongside authoring many international publications. Her research interests include business strategies, corporate finance, and managerial issues.
      In a first approximation, profit may seem like a simple and intuitive concept, but the definition is not limited to a single conceptual category. Analysis of the definition and role of profit must be implemented with a study at the corporate level. This book discusses the phenomenon of profit smoothing, implemented by management, which aims to maintain a constant flow of profit over time. On an operational level, the phenomenon of profit smoothing analyses and determines the correlation existing between a shock to a variable at the corporate level and the relationship between this shock and profit.This book discusses the main reasons, at the strategic level, of the phenomenon of profit smoothing and summarizes this into three groups. Firstly, the functionality of this phenomenon for corporate management is to transmit to the external environment, and especially to external investors, a business reality devoid of crisis and imbalances. Secondly, this initial motivation engages basically the second. In fact, levelling the trend of profit from year to year, top management can reduce the risk perceived from the outsiders and as from the company’s insiders. Thirdly, this justification is related to the stability of the flow of dividends. Profit smoothing places great emphasis on the phenomenon of dividends. It should be note how in fact the profit smoothing is used to keep the expectations of shareholders profit from one period to another.This book is focused on the profit smoothing and, in particular, how this phenomenon is established in developing-economies like the Chinese one, and will be of interest to academics, researchers, and students of corporate finance.
      Format: Paperback / softback CONTRIBUTORS: Domitilla Magni EAN: 9783030212889 COUNTRY: Switzerland PAGES: WEIGHT: 454 g HEIGHT: 210 cm
      PUBLISHED BY: Springer Nature Switzerland AG DATE PUBLISHED: 2020-08-14 CITY: GENRE: BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Finance / General WIDTH: 148 cm SPINE:

      Book Themes:

      China, Development economics and emerging economies, Corporate finance

      Customer Reviews

      Be the first to write a review
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      Domitilla Magni is currently a Research Fellow at the Roma Tre University, Italy, after completing her PhD in 2017 from La Sapienza University of Rome, Italy in Management Banking and Commodity Sciences. She has participated as a lecturer at many conferences on financial issues and strategic management alongside authoring many international publications. Her research interests include business strategies, corporate finance, and managerial issues.

      Recently viewed products

      Login

      Forgot your password?

      Don't have an account yet?
      Create account