African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4075

Table of Content: 28 December, 2014; 8(24)

December 2014

Accounting, taxation, and the cost of capital

This paper investigates the link between accounting and taxation and its implications for the cost of equity capital. Using a simple model, we characterize the determinants of the cost of capital in a setting where reporting rules combine accounting and taxation estimations. Accounting and tax rules usually result in different estimates of true earnings, each one with its own estimation error. The correlation between...

Author(s): Stere Mihai

December 2014

MS excel functions as supply chain fraud detector

Information technology (IT) is playing a vital role in increasing the productivity, profitability of businesses and optimizing decisions at each stage of Supply Chain Networks (SCN). Supply chain manager must often trust data for decision making even reported from vendors/suppliers. These types of data are vulnerable to manipulation and creating an opportunity for ‘supplier opportunism’. Use of MS excel...

Author(s): Tej Narain Prasad Varma and DA Khan