M.A. - Accounting

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    When cross-listed firms report property, plant and equipment at fair market value, do they experience the economic benefit in terms of lower cost of equity capital?
    ([Honolulu] : [University of Hawaii at Manoa], [December 2010], 2010-12) Hlaing, Khin Phyo
    Our research focuses on two issues. First, we examine why some foreign firms listed in the U.S. use fair market valuation for Property, Plant and Equipment, one important item of non-financial assets, while other foreign firms do not when the fair value option for non-financial assets is allowed under IFRS. We do this analysis by comparing the fundamental economic characteristics between these two groups of foreign firms (adopters/revaluers vs. non-adopters/non-revaluers) listed in the U.S. stock exchanges. Second, we test whether the use of fair market valuation by those foreign firms reduces their cost of capital. We do this analysis by comparing the cost of capital of listed foreign firms with that of the matching listed U.S. firms.
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    Improving managerial accounting practices and their effects on costs of logistics in hospitals: a comparison of hospitals in the U.S. and France
    ( 2008-05) Pomberg, Michèle
    This paper investigates logistics differences between hospitals in the U.S. and France. This research extends prior research that compared hospital logistics functions in France and the U.S. in 1998 and discusses reasons for observed differences. Respondents in both countries indicated the need for further development of logistics functions by implementing new management information and control systems to reduce logistics costs. The first objective of the paper is to examine the current status of logistics activities in hospitals in both countries. The second objective is to find out whether the perceived and actual environmental changes resulted in planned and actual changes in logistics activities. Differences in logistics practices are drawn from variables such as: Responsibilities of logistics departments, Medical Supplies, and Strategic Alliances (Medical, Vertical, and Horizontal Logistics Collaborations; Outsourcing; and Future of Strategic Alliances) The results provide evidence that French hospitals have been able to reduce supplies inventory levels to a larger extent than their counterparts in the United States. In general, French hospitals reported more success in implementing advanced logistics functions than their U.S. counterparts. U.S. hospitals entered into outsourcing of their logistics functions more often than the French hospitals. I attribute these differences to changes in financing and regulations in the French hea1thcare industry. I did not find significant changes in financing and regulations in the U.S. healthcare industry.