個案總覽

Considers the impact of the Internet on how market exchanges will take place. Discusses the role of shopping agents and alternatives to fixed prices such as negotiations, auctions, and exchanges.

Covers interim period accounting objectives, theories, and practices. Special financial analysis concerns related to this topic are discussed. A rewritten version of an earlier note.

Provides an overview of the primary securities used in private equity, their structures, and the economic motivation behind their designs.

Discusses global accounting for leases by lessees and lessors with emphasis on U.S. lease accounting standards. A rewritten version of an earlier note.

Discusses accounting rules for earnings per share measurement. The U.S. approach is described in detail and non-U.S. practices are briefly covered. A rewritten version of an earlier note.

Accounting for Income taxes under US-GAAP and IFRS. Analysis of income tax information in financial statements.

Programs of economic liberalization often lead to dramatic changes in industry structure. This note presents excerpts from several research papers that summarize findings on how industries evolve following abrupt policy reforms. The note is organized into seven sections. The first introduces the concept of competitive shocks and briefly discusses their prevalence. Subsequent sections discuss typical patterns of industry transformation, entry and exit, changes in concentration levels, and changes in foreign presence (defined as imports plus sales of foreign-owned plants).

Students are required to compute and explain the quality annual earnings per share figures and major differences between managing domestic and global operations.

Describes a key concept in financial accounting: choosing an appropriate revenue recognition point. The accrual process requires revenue recognition and expense matching for reporting on the value creation process of companies. Describes the two key criteria for revenue recognition--realized and earned--and the conditions that must be met to satisfy these criteria. The use of the typical recognition point, when the product or service is delivered to the customer, is discussed as well as situations (e.g., the percentage of competition method) when revenue can be recognized before actual delivery. A rewritten version of an earlier note.

This note presents the basic statistical concepts used to describe and analyze a collection of observations. It describes the differences between empirical distributions and mathematical (or theoretical) distributions, and illustrates the shortcomings of relying on a single statistical measure to draw conclusions. The advantages and disadvantages of histograms and bar charts are also discussed.

This note describes and interprets accounting standards for future employee benefits. Adoption of these new standards must occur no later than fiscal years beginning in 2000. These accounting rules will result in greater harmonization of Canadian and U.S. accounting standards. The note details the components of pension expense and provides an illustration of a public company's note disclosure. This disclosure is used to provide an explanation of how to interpret the data that is disclosed about pensions in a company's financial statements and notes.

This note describes and interprets accounting standards for future employee benefits. Adoption of these new standards must occur no later than fiscal years beginning in 2000. These accounting rules will result in greater harmonization of Canadian and U.S. accounting standards. The note details the components of pension expense and provides an illustration of a public company's note disclosure. This disclosure is used to provide an explanation of how to interpret the data that is disclosed about pensions in a company's financial statements and notes.

Describes the development of the Japanese financial system, from extensive regulation and fund allocation through administrative guidance in the 1950s to the banking crisis and legal and structural reorganization in the 1990s. Special emphasis is on the processes of regulation, the inherent logic of the early postwar system, and the forces that triggered change in the 1980s. Extensive data materials are provided.

This note explains deontology and its use in ethical reasoning. Deontology is the idea that an action is morally right if it is done out of a sense of duty.

This brief note explains the concept of virtue as it appears in the literature on business ethics. It examines the relationships among virtue, character, and right action.

This note examines the concept of relativism as it often appears in business. It discusses four separate types of relativism, and lays out the reasons why relativism is a bad idea.

Introduces students to the challenging negotiations between venture capitalists and entrepreneurs. Explores interests, sources of negotiating power, barriers to reaching agreement, and common contractual terms. Describes how the parties try to reduce information asymmetries, align incentives, control decision making, and protect financial downside.

Provides students with an overview of recent developments in the setting of accounting standards at a global level.

Provides an overview of the going public process.

This note provides a detailed explanation of how to apply the equity residual valuation method when the debt/equity mix is changing. An example is provided that works through levering betas. The note can be used to accompany cases on leveraged buyouts.