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Vodafone

P/F/398. Market efficiency: theory and case studies

WORDS:
1500
DATE:
2005
PRICE:
19.99 GBP

The paper discusses the importance of market efficiency in financial reporting reviewing the efficient market theory and discussing the practices of manipulating earnings in order to maximize bonus compensation for managers. The incentives of creative accounting are outlined, the practices of telecommunications firms Vodafone (UK) and Global crossing (US) are reviewed.

 

KEYWORDS: f, market, efficiency, theory, studies,

 
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