http://hdl.handle.net/10197/8026 2017-11-03T19:02:08Z 2017-11-03T19:02:08Z Kearney, Colm Liu, Sha http://hdl.handle.net/10197/8213 2016-12-12T13:11:16Z 2014-05-01T00:00:00Z

Textual sentiment in finance: A survey of methods and models Kearney, Colm; Liu, Sha We survey the textual sentiment literature, comparing and contrasting the various information sources, content analysis methods, and empirical models that have been used to date. We summarize the important and influential findings about how textual sentiment impacts on individual, firm-level and market-level behavior and performance, and vice versa. We point to what is agreed and what remains controversial. Promising directions for future research are emerging from the availability of more accurate and efficient sentiment measures resulting from increasingly sophisticated textual content analysis coupled with more extensive field-specific dictionaries. This is enabling more wide-ranging studies that use increasingly sophisticated models to help us better understand behavioral finance patterns across individuals, institutions and markets.

2014-05-01T00:00:00Z Ahmad, Khurshid Han, JingGuang Hutson, Elaine Kearney, Colm Liu, Sha http://hdl.handle.net/10197/8208 2016-12-12T13:35:41Z 2016-04-01T00:00:00Z

Media-expressed negative tone and firm-level stock returns Ahmad, Khurshid; Han, JingGuang; Hutson, Elaine; Kearney, Colm; Liu, Sha We build a corpus of over 5½ million news articles on 20 large US firms over the 10-year period from January 2001 to December 2010, and use it to study the time-varying nature of the relation between media-expressed firm-specific tone and firm-level returns. By estimating a series of separate rolling window vector autoregressive (VAR) models for each firm, we show how media-expressed negative tone impacts firm-level returns episodically in ways that vary across firms and over time. We find that firms experience prolonged periods during which media-expressed tone has no effect on returns, and occasional episodes when it has a significant impact. During the significant episodes, its impacts are sometimes quickly reversed and at other times they endure — implying that media comment and analysis can sometimes be sentiment (or noise), but it can also contain value-relevant information or news. Our findings are in general consistent with efficiently functioning markets in which the media assists with the processing of complex information.

2016-04-01T00:00:00Z Finch, John Geiger, Susi Reid, Emma http://hdl.handle.net/10197/8184 2016-12-02T17:07:48Z 2016-01-01T00:00:00Z

Technologically captured? How material agency sustains interaction between regulators and industrial actors Finch, John; Geiger, Susi; Reid, Emma This paper examines how environmental regulation is made operational when it legislates for modifications rather than the banning of products or substances. The continued circulation of such products draws attention to the heterogeneous conditions of their use and allows industry actors to accumulate evidence of the products' polluting effects over time. We find that this agentic quality of materials – including products and sites of application – is a vital and so far largely ignored dimension in the relationship between environmental regulation and innovation. This is captured in a process we term interactive stabilization, which describes how material agency becomes a focus for interactions between regulatory and industry actors. We develop our argument through an in-depth case study of the environmental regulation of production chemistry and identify three interactive processes: formulating regulatory principles; operationalizing these principles through technical documentation and calculation; and incremental innovation as used by chemists to address clients’ varied material problems in production. We trace stabilizing and destabilizing effects across these three processes and draw particular attention to the role of uncertainty in the operationalization of precaution as a regulatory principle. We argue that this uncertainty may lead to a form of regulatory capture that we frame as technological capture. This refers to how industry actors are able to test the limits of regulatory principles and calculations and on occasion contest these through their applied science capabilities.

2016-01-01T00:00:00Z Eleftheriou, Konstantinos Michelacakis, Nickolas J. Papavassiliou, Vassilios G. http://hdl.handle.net/10197/8114 2016-11-14T17:20:46Z 2016-09-01T00:00:00Z

A comment on 'Cross-border merger, vertical structure, and spatial competition' Eleftheriou, Konstantinos; Michelacakis, Nickolas J.; Papavassiliou, Vassilios G. The aim of this paper is to revise and correct the results obtained in Beladi et al. [Beladi, H., Chakrabarti, A., Marjit, S., 2010. Cross-border merger, vertical structure, and spatial competition. Economics Letters 109, 112-114]. Specifically, we prove that the Nash equilibrium locations of the downstream firms are the same in the pre-merger free-trade case as they are following a cross-border upstream merger.

2016-09-01T00:00:00Z Eleftheriou, Konstantinos Michelacakis, Nickolas J. Papavassiliou, Vassilios G. http://hdl.handle.net/10197/8092 2016-10-21T11:31:35Z 2016-11-01T00:00:00Z

Addendum to Eleftheriou and Michelacakis (2016) Eleftheriou, Konstantinos; Michelacakis, Nickolas J.; Papavassiliou, Vassilios G. Following the publication of Eleftheriou and Michelacakis (2016a), it was brought to our attention that the problem identified and corrected in Eleftheriou and Michelacakis (2016a) affects more papers than just the Beladi et al. (2008). Two such instances of published papers that we know of are the Beladi et al. (2010a) and Beladi et al. (2010b). The aim of this short addendum is to warn the reader against the validity of the results in these two papers and perhaps others using the same basic duopoly model as in Beladi et al. (2008). We look into the origins of the fallacy and make an announcement of corrected versions of some of the affected conclusions referring elsewhere for precise details.

2016-11-01T00:00:00Z Carnegie, Anna Norris, Michelle http://hdl.handle.net/10197/7929 2017-03-25T02:00:12Z 2015-09-25T00:00:00Z

Strengthening communities, building capacity, combating stigma: exploring the potential of culture-led social housing regeneration Carnegie, Anna; Norris, Michelle Culture-led regeneration has long been recognised as a mechanism of re-branding declining urban areas by providing cultural infrastructure, such as museums, galleries and theatres. Whilst often lauded for its potential to economically regenerate cities, the model has shown to have a less positive impact on marginalised households and neighbourhoods. This article explores the utilisation of culture-led regeneration in three disadvantaged Irish social housing estates and finds that it did generate benefits, but not the economic ones predicted by the main authors in this field. Rather its benefits were primarily social – it helped to combat stigmatisation, build local capacity and improve community cohesion. Levels of community participation in cultural activities were very strong in two of the case study neighbourhoods, but much weaker in the third less generously resourced neighbourhood, which raises questions about the levels of investment needed to ensure success and the long-term sustainability of these programmes.

2015-09-25T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/7760 2016-07-07T14:27:48Z 2014-07-28T00:00:00Z

What is Corporate Governance? Brennan, Niamh The word governance comes from a Latin word – gubernare – which means to steer. Cicero has written ‘he that governs sits quietly at the stern and scarce is seen to stir’. Thus my colleague, Dr Collette Kirwan, has conceptualised the board as being the navigator of the company.

2014-07-28T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/7756 2016-07-07T13:37:48Z 2015-08-01T00:00:00Z

A Case of Distortion Brennan, Niamh There are few regulations concerning narratives outside audited financial statements, leaving room for manipulative impression management in corporate reporting. Pervasive impression management has resulted in an erosion of the quality of financial reporting. Techniques ranging from rhetoric, images, choice of earnings number, comparative and attribution are frequently used to cloud the true picture.

2015-08-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/7755 2016-07-07T13:29:46Z 2015-06-22T00:00:00Z

Reflections on Corporate Governance following Clerys' Closure Brennan, Niamh The sudden closure of department store Clerys in June 2015 raises some interesting corporate governance issues.

2015-06-22T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/7754 2016-07-07T11:05:15Z 2015-09-01T00:00:00Z

A Concentration of Minds Brennan, Niamh Corporate governance , as the phrase implies, is about the governance of companies. To fully understand corporate governance, we must understand the nature of companies. This is all the more so following the Clerys’ debacle in June 2015.

2015-09-01T00:00:00Z Brennan, Niamh Kirwan, Collette E. Redmond, John http://hdl.handle.net/10197/7652 2016-05-27T11:38:46Z 2016-01-01T00:00:00Z

Accountability Processes in Boardrooms: A Conceptual Model of Manager-Non-Executive Director Information Asymmetry Brennan, Niamh; Kirwan, Collette E.; Redmond, John Purpose: Understanding the influence of information and knowledge exchange and sharing between managers and non-executive directors is important in assessing the dynamic processes of accountability in boardrooms. By analysing information/knowledge at multiple levels, invoking the literature on implicit/tacit and explicit information/knowledge, we show that information asymmetry is a necessary condition for effective boards. We introduce a conceptual model of manager-non-executive director information asymmetry as an outcome of our interpretation of information/knowledge sharing processes amongst board members. Our model provides a more nuanced agenda of the management-board information asymmetry problem to enable a better understanding of the role of different types of information in practice. Design/methodology/approach – Our analysis of information/knowledge exchange, sharing and creation and the resultant conceptual model are based on the following elements: (i) manager-non-executive director information/knowledge, (ii) management-board information/knowledge and (iii) board dynamics and reciprocal processes converting implicit/tacit into explicit information/knowledge. Findings – Our paper provides new insights into the dynamics of information/knowledge exchange, sharing and creation between managers and non-executive directors (individual level)/between management and boards (group level). We characterise this as a two-way process, back-and-forth between managers/executive directors and non-executive directors. The importance of relative/experienced "ignorance" of non-executive directors is revealed, which we term the "information asymmetry paradox". Research implications – We set out key opportunities for developing a research agenda from our model based on prior research of knowledge conversion processes and how these may be applied in a boardroom setting. Practical implications – Our model may assist directors in better understanding their roles and the division of labour between managers and non-executive directors from an information/knowledge perspective. Originality/value – We apply Ikujiro Nonaka’s knowledge conversion framework to consider the transitioning from individual implicit personal to explicit shared information/knowledge, to understand the subtle processes at play in boardrooms influencing information/knowledge exchange, sharing and creation between managers and non-executive directors.

2016-01-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/7647 2016-05-24T10:16:09Z 2016-02-01T00:00:00Z

Financial Sleuthing Brennan, Niamh Forensic accounting is the use of accounting expertise to assist a court. "Forensic" denotes anything to do with a court of law and forensic accounting is increasingly recognised as a separate and important discipline at the intersection of law and accountancy. A relatively new role within accounting, forensic accountants build on a unique blend of accounting and investigative skills.They are,infact, financial detectives, dissecting financial statements, looking behind rather than merely at the numbers. Their expertise lies in working with sensitive financial evidence, lawyers, law enforcement agencies and the court system. Integrating accounting, auditing and financial investigation and their application in litigation and dispute resolution, forensic accounting is a highly-specialised area of practice that combines accounting and legal disciplines.

2016-02-01T00:00:00Z Norris, Michelle http://hdl.handle.net/10197/7639 2016-05-23T15:41:41Z 2006-06-07T00:00:00Z

Irish Housing in the European Context Norris, Michelle This book has identified the defining characteristics of the system of housing provision in Ireland and examined recent developments in housing ma rkets and non market provision of housing, housing policy, legislation and regulation, together with the social, economic, and built environment implications of these developments. This final chapter assesses the performance of the Irish housing system ov er the last decade in comparison with the other European Union member States. This analysis focuses principally on five issues. These are: the context for housing policy making, including economic and demographic trends pertinent to housing; the accessib ility of housing; housing quality; recent housing policy developments and the outcomes produced by the combination of these policy interventions and structural factors including, trends in house prices, mortgage lending, new house building and public expen diture on housing.

2006-06-07T00:00:00Z Norris, Michelle http://hdl.handle.net/10197/7638 2016-05-23T15:39:23Z 2006-06-07T00:00:00Z

Reforming Local Authority Housing Management: The Case of Tenant Participation in Estate Management Norris, Michelle For most of the period since the tenure was founded in the late 19 th century, the manage ment of local authority housing has been neglected by both central and local government. From the perspective of the former, new house building rather than management, has traditionally been the overriding concern. This attitude is not surprising in view of Ireland’s housing conditions which, until recent years, have compared unfavourably to other European Union (EU) countries both in terms of housing standards and number of dwellings per head (European Union, 2002). Nor is it atypical in the wider Europ ean context where central government influence on social housing has traditionally been exercised mainly by means of capital contributions to building costs, which has limited its control over and interest in housing management (Cole and Furbey, 1994). Ho wever, Ireland is unusual in the extent to which the main providers of social housing, have devoted scant attention to its management. This oversight on the part of local authorities is linked to the introduction of the tenant purchase schemes in the 1930 s in rural areas and the 1960s in urban areas (Fahey, 1998b). The high rate of privatisation required very limited management capacity from housing departments, whose responsibilities have traditionally not stretched far beyond allocating new dwellings an d collecting the rent for the couple of years before tenants exercise their right to buy (O’Connell, 1999).

2006-06-07T00:00:00Z Norris, Michelle http://hdl.handle.net/10197/7637 2016-05-23T14:47:59Z 2006-06-07T00:00:00Z

Social Housing Norris, Michelle This chapter sketches the most significant trends in the development of the social housing provision in this country from the mid 1800s, until the contemporary period. The opening part of the chapter examines the early housing legislation; explains how it shaped the system of social housing provision and assesses the contribution which social housing providers made to addressing housing need in urban and rural areas. In the second part of the chapter, a more in-depth examination of the development of the social housing sector during the last two decades is presented. This section concentrates on efforts to diversify the methods of providing social housing and the increasing focus on the part of central government on qualitative issues such as efficient housing management and the regeneration of difficult-to-let social rented estates, in addition to its traditional quantitative concern of ensuring that supply of social housing matches need. On the basis of this dis cussion, the concluding comments to the chapter quantify the achievements of the social housing sector in Ireland and identify some of the key questions facing the sector at the current time.

2006-06-07T00:00:00Z Norris, Michelle http://hdl.handle.net/10197/7636 2016-05-23T14:35:47Z 2006-02-01T00:00:00Z

Setting the Scene: Recent Transformations in Irish Housing Norris, Michelle For a nation somewhat obsessed with property and property rights it is surprising that there has been a comparative dearth of published material on the system of housing provision and housing policy in Ireland. Whereas, most other western European countries, particularly the United Kingdom, Sweden, Denmark and the Netherlands, a sophisticated housing research infrastructures has been developed, not only in the universities but also in national and local government and the non governmental sector. Recently this gap has started to be filled, however. For example, Norris and Winston (2004) have produced a comprehensive overview of Irish ho using policy developments over the last decade, while in late 2004 the National Economic and Social Council (2004) published an analysis of housing policy with a particular focus on affordability and land policy. Despite these publications, however, it is still true to say that the amount of original primary research on housing issues is meagre and unbalanced. We know, for example, a good deal about social housing and the tenants who live in this sector (Fahey, 1999), which accounts for less that ten per c ent of all housing, but our in-depth knowledge of the owner occupied sector, which accounts for eighty per cent of all housing, is in comparison paltry.

2006-02-01T00:00:00Z Norris, Michelle http://hdl.handle.net/10197/7635 2016-05-23T14:15:44Z 2003-08-01T00:00:00Z

Housing Norris, Michelle This chapter aims to map the main trends in the development of the local authority housing function since the beginning of local government involvement in this area in the mid 1800s, until modern times. This sweeping review focuses in particular on the contribution which local authorities have made to addressing housing need and on the principal items of legislation, relevant to the local authority housing service, which were introduced in this period. In the second part of the chapter, a more in-depth examination of the recent development of the housing function is presented. This concentrates mainly on the changing focus of the service over the last two decades, which was highlighted a bove. On the basis of this discussion, the conclusions to the chapter will examine whether local authorities will rise to meet the challenges associated with these new strategic functions.

2003-08-01T00:00:00Z Brennan, Niamh Kirwan, Collette E. http://hdl.handle.net/10197/7629 2016-05-20T16:29:46Z 2015-01-01T00:00:00Z

Audit committees: practices, practitioners and praxis of governance Brennan, Niamh; Kirwan, Collette E. Purpose: The purpose of this paper is to review and critique prior research on audit committees using a practice-theory lens. Research on audit committees has followed the same trajectory as early research on boards of directors, which has been criticised for its singular theoretical perspectives and methodologies that do not capture the complexity of real-world experiences/behaviours. Design/methodology/approach: The authors devise an analytical framework based on practice theory to conduct the review. The authors examine what audit committees should do (i.e. best practice) vs what audit committees actually do (i.e. actual activities in practice – praxis). Attributes of audit committee members, and the relationship dynamics relevant to their role execution (i.e. practitioners), are considered. Findings: Research on boards has found that over-emphasis on agency theory’s monitoring role negatively impacts boards' effectiveness. The authors invoke other theories in examining what audit committees do in practice. The authors characterise the role of audit committees as oversight not monitoring. The authors question whether, similar to auditing, audit committees are blamist tools or are genuinely orientated towards supporting improvements in organisational management systems. The authors unpack the ritualistic ceremonial behaviours and symbolic endeavours vs substantive engagement by audit committees. The analytical framework also considers the 'guardianship circle' around audit committees in the form of the key practitioners and their relationships: audit committee members, auditors and managers. Originality/value: Drawing on the analytical framework, the authors provide directions for further opportunities for research of audit committees.

2015-01-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/7618 2016-05-17T14:27:29Z 2016-03-01T00:00:00Z

Shades of Grey: Directors' Dilemmas Brennan, Niamh The ethical dilemmas encountered in business are often complex and stressful, and the dilemmas analysed in this report raise issues common to boards across the globe. Although reference is made to a UK regulatory context, including the UK Corporate Governance Code, many of the regulatory principles are applicable in other jurisdictions. The dilemmas could therefore easily be used outside the UK by tailoring the context and discussion accordingly, thus helping to embed ethical values and thinking into the day-to-day work of company directors wherever they may be based.

2016-03-01T00:00:00Z Shrives, Philip J. Brennan, Niamh http://hdl.handle.net/10197/7419 2016-01-26T15:20:36Z 2015-03-01T00:00:00Z

A typology for exploring the quality of explanations for non-compliance with UK corporate governance regulations Shrives, Philip J.; Brennan, Niamh Companies not complying with the UK Corporate Governance Code are required to provide explanations for non-compliance. This is the capstone of the 'comply-or-explain' system. There are no regulations about the content of those explanations, leaving shareholders and others to judge their appropriateness. The study develops a typology to assess the quality of corporate governance explanations for non-compliance of UK FTSE 350 companies based on seven quality characteristics. Code breaches generating the non-compliance explanations for analysis are identified for two accounting periods (2004/5 and 2011/12) relating to the 2003 and 2010 Codes (data for 2011/12 in brackets). There were 204 (125) non-compliant companies, 537 (253) Code breaches and 438 (208) explanations for non-compliance, an average of 2.6 (2.0) Code breaches and 2.2 (1.7) explanations per non-compliant company. Although compliance increased over the period examined, explanations were found to be of variable quality. Results suggest that companies need to improve the quality of their explanations if they are to be useful to users, notably location, complexity and specificity of explanations. There are also important questions raised about the work of auditors and their apparent silence. Companies are being encouraged to move towards compliance. We argue that this is against the 'comply-or-explain' philosophy which accepts that ‘one size does not fit all. Better quality of explanation is more important than compliance and thus companies may be unwittingly heading in the wrong direction.

2015-03-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/6413 2015-03-04T12:45:46Z 2014-11-01T00:00:00Z

The Art of War: The Strategic Use of Ploys and Falsehoods in Business Brennan, Niamh If business is "war", does that conceptualisation allow for different ethical standards just as in war? Do organisations conceptualise business as war? How do ethical standards change in war? Is there evidence of different ethical standards in organisations that conceptualise business as war? What evidence is there of the use of ploys and falsehoods in business? Irish Vincentians' Business Ethics Conference, All Hallows College, Dublin, 29 October - 1 November, 2014

2014-11-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/6211 2014-11-26T10:16:01Z 2014-11-01T00:00:00Z

Forensic Accounting in a Constitutional Parliamentary Democracy: The Case of Ireland Brennan, Niamh The paper commences by summarizing the economic geography of Ireland followed by an overview of the Irish legal system. While similar in many respects to the British system from which it is derived, Ireland has a constitution based on the American model, to which parliament is subject. Lawyers and the operation of the courts in Ireland are described. While bearing some similarities to the British system, there are notable differences which are highlighted in the paper. The engagement of forensic accountants as expert witnesses in the Irish courts is considered. The paper concludes by observing that while forensic accounting is thriving in Ireland, it is at an early stage of development as far as professional guidelines and education provision is concerned.

2014-11-01T00:00:00Z Norris, Michelle http://hdl.handle.net/10197/6141 2016-03-14T15:32:04Z 2014-09-01T00:00:00Z

Policy Drivers of the Retreat and Revival of Private Renting: Regulation, Finance, Taxes and Subsidies Norris, Michelle Until the early of 20th Century the vast majority of Irish households in both urban and rural areas rented their homes from for profit, private landlords. Census data on housing tenure was first collected 1946 and these reveal that the private rented sector contracted steadily for most of the 20th Century. It accommodated 26.1 per cent of households in 1946 but just 8.1 per cent in 1991. In recent years this trend has reversed and the private rented sector has begun to grow. 11.4 per cent of households were private renters according to the 2002 census and this rose to 18.6 per cent by 2011. The research evidence identifies a number of social, economic and spatial factors which influence the size of the private rented sector. These include: the extent of urbanisation; the density of dwellings and the proportion of apartments in the housing stock; historic norms and the strong tendency for housing systems to adhere to a stable developmental trajectory and not to change course (‘path dependency’ in policy analysis parlance); the generosity or parsimoniousness of the welfare state and the attractiveness and affordability of the private rented sector as a place to live compared to other tenures and as an investment compared to other investment vehicles.

2014-09-01T00:00:00Z Pierce, Aileen Brennan, Niamh http://hdl.handle.net/10197/6002 2014-10-06T08:26:24Z 2001-01-01T00:00:00Z

Republic of Ireland Pierce, Aileen; Brennan, Niamh

2001-01-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/6001 2014-10-06T08:21:24Z 2013-12-01T00:00:00Z

Behavioural and Psychological influences on Boards Brennan, Niamh Corporate culture and psychological factors are major influences on boardroom decision-making. Cognitive biases, rather than corruption, are the most common source of distorted judgment. Role of chair of board is central to ensuring that subconscious biases do not influence decision-making.

2013-12-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5886 2014-09-23T08:51:08Z 1982-08-01T00:00:00Z

Pension Accounting Brennan, Niamh

1982-08-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5885 2014-09-23T08:45:04Z 1984-10-01T00:00:00Z

Women in the Profession Brennan, Niamh At the 1984 Annual Dinner of the Leinster Society of Chartered Accountants, Mr. R. Hickok, Chairman of the "Future Issues" committee of the American Institute of Certified Public Accountants (AICPA), outlined 14 issues facing the accounting profession in the US. One of these issues was that "the upward mobility of women in public accounting needs to be strengthened. There is a high probability that women will constitute more than half of the accountancy profession within two decades ..." Is this comment likely to be valid in relation to the Institute of Chartered Accountants in Ireland (lCAI)?

1984-10-01T00:00:00Z Brennan, Niamh Millar, Claire http://hdl.handle.net/10197/5884 2014-09-25T13:26:58Z 2014-02-01T00:00:00Z

Through the Glass Ceiling? Influences on and Challenges Faced by Female Partners in Big-4 Accounting Practices Brennan, Niamh; Millar, Claire What are the personal factors that affect female partners in Big-4 accounting firms? That was the question explored last summer in a series of semi-structured interviews with eight female partners at Ireland’s Big-4 firms. Interviews took place in June, July and August 2013.

2014-02-01T00:00:00Z Pierce, Aileen Brennan, Niamh http://hdl.handle.net/10197/5883 2014-09-23T08:08:17Z 2003-11-13T00:00:00Z

Republic of Ireland Pierce, Aileen; Brennan, Niamh This chapter discusses the audit, preparation and presentation of company financial statements in Ireland. Legal regulations affecting the preparation of financial statements and affecting the conduct of audits are summarized. The institutional background to these activities is also discussed. The financial statements of one of Ireland’s largest public limited companies, CRH plc, are included at the end of this chapter and are referred to in the text where relevant.

2003-11-13T00:00:00Z Pierce, Aileen Brennan, Niamh Lamb, Margaret http://hdl.handle.net/10197/5882 2014-09-23T07:58:38Z 2001-01-01T00:00:00Z

Stock Exchange and Professional Accounting Requirements Applying in Both the Republic of Ireland and the United Kingdom Pierce, Aileen; Brennan, Niamh; Lamb, Margaret Stock exchange regulations and professional accounting pronouncements are largely the same in both the Republic of Ireland (ROI) and the United Kingdom (U.K.) - consequently, the material in this appendix applies to both chapters. This appendix is organized into six parts: Part 1: General items (Sections 1 and 2); Part 2: Profit and loss account items (Sections 3 to 5), Part 3: Balance sheet items (Sections 6 to 11); Part 4: Cash flow (Section 12); Part 5: Groups (Section 13) and Part 6: Smaller entities (Section 14). The appendix ends with a summary of the professional accounting pronouncements at July 2002 applicable in both the Republic of Ireland and the United Kingdom which is shown in Appendix 1

2001-01-01T00:00:00Z Pierce, Aileen Brennan, Niamh Lamb, Margaret Whittington, Mark http://hdl.handle.net/10197/5875 2014-09-22T09:23:47Z 2003-11-13T00:00:00Z

Stock Exchange and Professional Accounting Requirements Applying in Both the Republic of Ireland and the United Kingdom Pierce, Aileen; Brennan, Niamh; Lamb, Margaret; Whittington, Mark Stock exchange regulations and professional accounting pronouncements are largely the same in both the Republic of Ireland (ROI) and the United Kingdom (U.K.) - consequently, the material in this appendix applies to both chapters. This appendix is organized into six parts: Part 1: General items (Sections 1 and 2); Part 2: Profit and loss account items (Sections 3 to 5), Part 3: Balance sheet items (Sections 6 to 11); Part 4: Cash flow (Section 12); Part 5: Groups (Section 13) and Part 6: Smaller entities (Section 14). The appendix ends with a summary of the professional accounting pronouncements at July 2002 applicable in both the Republic of Ireland and the United Kingdom which is shown in Appendix 1.

2003-11-13T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5811 2014-08-15T15:00:23Z 1984-01-01T00:00:00Z

Are you Happy with your Accountant? Brennan, Niamh

1984-01-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5789 2014-08-07T09:15:30Z 1984-01-01T00:00:00Z

Debt Collection - A Perennial Problem Brennan, Niamh

1984-01-01T00:00:00Z Brennan, Niamh Prachyl, Cheryl http://hdl.handle.net/10197/5787 2014-08-07T08:54:48Z 1997-10-01T00:00:00Z

Electronic Mail as a Pedagogical Tool to Teach International Accounting Brennan, Niamh; Prachyl, Cheryl This paper reports on the use of electronic mail (e-mail) as a pedagogical tool in accounting instruction. E-mail has potential significance as a teaching tool particularly from its ability to link students internationally. It is therefore of particular interest in teaching international accounting. It provides a low-cost, relatively easy-to-implement approach to enhance instruction of comparative international accounting regulation and practices. However, application of e-mail to many other classroom situations is discussed. E-mail was used as a means of accounting instruction in a joint international accounting project between students at University College Dublin and at The University of Texas at Arlington. The project, a joint comparative study of Irish/UK versus US accounting practices, was conducted entirely by e-mail. The paper reports how e-mail expanded the learning experiences of students working together internationally.  This paper establishes the feasibility of using e-mail as part of students' learning experiences. Further research is underway to measure specific learning improvements attributable to e-mail as a method of instruction and to examine whether e-mail has potential as an effective teaching tool. 8th International World Conference on Accounting Education, International Association for Accounting Education and Research (IAAER), Paris, France, October, 1997

1997-10-01T00:00:00Z Merkl-Davies, Doris M. Brennan, Niamh McLeay, Stuart http://hdl.handle.net/10197/5786 2016-03-09T16:45:45Z 2005-05-01T00:00:00Z

A new methodology to measure impression management - A linguistic approach to reading difficulty Merkl-Davies, Doris M.; Brennan, Niamh; McLeay, Stuart Previous studies on impression management in the form of reading ease manipulation use readability formulae, such as Flesch, Fog, and Lix, and cloze scores. Readability formulae are based on word and sentence length and thus constitute crude measures of reading difficulty. Cloze scores do not measure comprehension, but inference. This study uses an approach based on linguistics and psychology, overcoming the validity problems inherent in readability formulae and cloze scores. This is achieved by means of (1) basing its assumptions of what constitutes text on research carried out by discourse analysis, a sub-discipline of linguistics, (2) by means of basing its assumptions of readability on psychological assumptions of comprehension difficulty. What is more, it uses an objective and quantifiable method of measuring readability by means of using computer-assisted corpus analysis. The four measures of reading difficulty in this study are based on the grammatical devices within and between sentences and include the following: (1) amount of cohesive ties within and between sentences, (2) distance between grammatically linked expressions, (3) proportion of new and given information, (4) amount of pronouns in a given text. 28th Annual Congress of the European Accounting Association, Göteborg University, Sweden, 18-20 May, 2005

2005-05-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5784 2014-08-06T13:34:09Z 1984-07-01T00:00:00Z

The Persistent Taxman Brennan, Niamh

1984-07-01T00:00:00Z Brennan, Niamh Merkl-Davies, Doris M. http://hdl.handle.net/10197/5779 2014-08-06T10:33:58Z 2014-01-01T00:00:00Z

Rhetoric and Argument in Social and Environmental Reporting: the Dirty Laundry case Brennan, Niamh; Merkl-Davies, Doris M. Purpose: The purpose of this paper is to explore the interactive element in social and environmental reporting during a controversy between business organisations and a stakeholder over environmental performance. Design/methodology/approach: The paper adopts Aristotle's triangular framework of the rhetorical situation to examine how the writer, the audience, and the purpose of communication interact in the choice of rhetorical strategies used to persuade others of the validity and legitimacy of a claim during a public controversy. The analysis focuses on the strategies (i.e. moves and their rhetorical realisations) in the form of logos (appealing to logic), ethos (appealing to authority), and pathos (appealing to emotion), with a particular emphasis on metaphor, used to achieve social and political goals. The authors base the analysis on a case study involving a conflict between Greenpeace and six organisations in the sportswear/fashion industry over wastewater discharge of hazardous chemicals. The conflict played out in a series of 20 press releases issued by the parties over a two-month period. Findings: All six firms interacting with Greenpeace in the form of press releases eventually conceded to Greenpeace's demand to eliminate hazardous chemicals from their supply chains. The paper attributes this to Greenpeace's ability to harness support from other key stakeholders and to use rhetoric effectively. Results show the extensive use of rhetoric by all parties. Originality/value: The authors regard legitimacy construction as reliant on communication and as being achieved by organisations participating in a dialogue with stakeholders. For this purpose, the paper develops an analytical framework which situates environmental reporting in a specific rhetorical situation and links rhetoric, argument, and metaphor.                      

2014-01-01T00:00:00Z Brennan, Niamh McDermott, Michael http://hdl.handle.net/10197/5687 2014-07-04T13:44:03Z 2003-01-01T00:00:00Z

Are non-executive directors of Irish plcs independent? Brennan, Niamh; McDermott, Michael

2003-01-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5686 2014-07-04T12:23:38Z 1995-05-01T00:00:00Z

Disclosures in Profit Forecasts: Evidence from UK Takeover Bids Brennan, Niamh This paper analyses the content of 250 profit forecasts disclosed during 701 takeover bids for public companies listed on the London Stock Exchange in the period 1988 to 1992. Two variables measure disclosure; one based on the number of items disclosed and one based on the number of assumptions disclosed in the forecasts. Hypotheses are tested to assess whether there is a significant association between disclosure and three levels of independent variables: Takeover-context variables (forecaster/party to the bid; type of bid; value of bid); forecast-related variables (circumstances of making the forecast; forecast horizon; period of the forecast) and firm-specific variables (size; leverage; management ownership; substantial shareholdings, financial advisors; auditors / reporting accountants; listing status; industry; nationality).  Negative binomial regression was used in estimating a model explaining disclosures in forecasts . For both number of items disclosed and number of assumptions disclosed, and in all regression models, type of bid, circumstances of making the forecast and the period of the forecast were significant. Disclosures in forecasts were significantly greater during contested bids, in voluntary forecasts and in longer period forecasts. Significantly more assumptions were disclosed by target forecasters and in longer horizon forecasts. Significantly more items were disclosed where the percentage management ownership was lower. Thus, the takeover-context variables and forecast-related variables appeared to be most relevant in determining disclosures in forecasts. Firm-specific variables had less explanatory power in the models. 18th Annual Congress of the European Accounting Association, University of Birmingham, UK, 10-12 May, 1995

1995-05-01T00:00:00Z Norris, Michelle Coates, Dermot http://hdl.handle.net/10197/5639 2016-03-14T15:31:55Z 2014-06-01T00:00:00Z

How housing killed the Celtic tiger: anatomy and consequences of Ireland's housing boom and bust Norris, Michelle; Coates, Dermot Between 1996 and 2006, Ireland experienced unprecedented house price inflation, driven by a fourfold increase in the volume of outstanding private mortgage debt and accompanied by a radical growth in housing output. This article outlines the most significant features of the housing boom and explains how it generated and disguised crucial risks in the macro economy and public finances, among mortgage lenders and in the finances of individual households. This is followed by an outline of the key features of the unwinding of the boom since and of its implications for the Irish economy, mortgage lenders and households. The conclusions examine the lessons regarding appropriate regulatory and policy responses to a house price boom which arise from the Irish experience.

2014-06-01T00:00:00Z Fahey, Tony Norris, Michelle McCafferty, Desmond Humphreys, Eileen http://hdl.handle.net/10197/5561 2016-03-14T15:32:08Z 2011-06-01T00:00:00Z

Combating social disadvantage in social housing estates: the policy implications of a ten year follow up study Fahey, Tony; Norris, Michelle; McCafferty, Desmond; Humphreys, Eileen This paper presents a policy-focused report on the research project 'Progress and Problems in Social Housing Estates: A ten-year follow-up study'. The project was carried out between late 2007 and early 2009 in seven local authority housing estates in Ireland and took the form of a follow-up to a study of the same estates which had been carried out in the period 1997-1999. The seven estates examined in the study are: Fatima Mansions and Finglas South in Dublin City; Fettercairn, Tallaght, in South County Dublin; Deanrock estate in Togher, Cork City; Moyross in Limerick City; Muirhevnamor in Dundalk and Cranmore in Sligo town

2011-06-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5548 2014-04-16T14:15:37Z 2003-01-01T00:00:00Z

A health service that is accountable and value for money Brennan, Niamh

2003-01-01T00:00:00Z Brennan, Niamh Pierce, Aileen http://hdl.handle.net/10197/5529 2014-04-11T15:15:31Z 1990-06-01T00:00:00Z

Irish Published Accounts under Scrutiny Brennan, Niamh; Pierce, Aileen Published accounts are subject to more scrutiny than ever before due to increased interest in, and understanding of, accounting issues by financial analysts, business commentators and the financial press. Discussion of accounting issues in national newspapers and business magazines is now commonplace. The goodwill debate, brands accounting and off balance sheet financing are some of the more recent controversial issues. Apart from significantly increased regulation following implementation of the EC Fourth Directive and 20 years of standard setting, there is a movement to encourage voluntary disclosures and improved financial reporting; events such as the Published Accounts Award organised by the Leinster Society of Chartered Accountants are part of this movement. The recent publication of “A Survey of Irish Published Accounts” is the first independent assessment of accounting and disclosure practices of Irish companies. The survey was launched by the Minister for Industry and Commerce, Mr. Desmond O'Malley, T.D. on April 24th last at a reception in University College Dublin. The Minister welcomed the survey and said that “it provided a comprehensive body of information which can be used to judge compliance with standards, to identify problem areas in standards and to develop best practice”. He went on to say that the Irish accountancy profession would find the survey a valuable resource document when contributing to the deliberations of the international accounting standards committee, FEE, and other international organisations.

1990-06-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5497 2014-03-28T09:18:33Z 2009-04-01T00:00:00Z

Towards Ireland Inc, 2014 Brennan, Niamh

2009-04-01T00:00:00Z Mac Canna, Leo Brennan, Niamh O'Higgins, Eleanor http://hdl.handle.net/10197/5447 2014-03-12T09:28:10Z 1998-06-01T00:00:00Z

The 'Old Boys' network and Irish company boards Mac Canna, Leo; Brennan, Niamh; O'Higgins, Eleanor

1998-06-01T00:00:00Z Brennan, Niamh Hourigan, Denis http://hdl.handle.net/10197/5445 2014-03-12T09:19:49Z 1998-12-01T00:00:00Z

Corporate reporting on the internet by Irish companies Brennan, Niamh; Hourigan, Denis

1998-12-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5408 2014-02-20T15:45:03Z 2010-04-07T00:00:00Z

Boards that work - information flow is the key Brennan, Niamh

2010-04-07T00:00:00Z Brennan, Niamh Redmond, John http://hdl.handle.net/10197/5405 2014-02-20T15:40:05Z 2013-05-24T00:00:00Z

How much should boards know? Brennan, Niamh; Redmond, John

2013-05-24T00:00:00Z Brennan, Niamh Conroy, John P. http://hdl.handle.net/10197/5404 2016-09-05T13:57:51Z 2013-06-01T00:00:00Z

Bank CEOs, executive hubris and the banking crisis Brennan, Niamh; Conroy, John P.

2013-06-01T00:00:00Z Brennan, Niamh http://hdl.handle.net/10197/5388 2014-02-12T12:10:54Z 2000-06-01T00:00:00Z

Turnbull puts Risk Management to the Top of Corporate Agendas Brennan, Niamh

2000-06-01T00:00:00Z