Yuri Khoroshilov, Assistant Professor at the Telfer School of Management, received $59,795 from the Social Sciences and Humanities Research Council of Canada (SSHRC) for his research project entitled An Experimental Study of Jump and Shill Bidding in English Auctions and its Effect on the Takeover Contest. 

The goal of this research is to construct an improved model of takeover auctions by understanding how the target firm’s ability of renegotiate a final price with the winning bidder affects the behaviour of both the bidder and the firm targeted for takeover. Professor Khoroshilov will examine the underlying reasons behind jump bidding in takeover auctions.  Through experimental tests, he will work to develop a refined theory of takeover auctions that will incorporate an understanding of shill bidding (where the seller plants bids to artificially inflate the price). He plans to conduct a pilot experimental study to test potential empirical implications of this model.

Fodil Adjaoud, Full Professor and Logan Katz Fellow, and Imed Chkir, Associate Professor, both at the Telfer School of Management, as well as Narjess Boubakri (HEC Montreal) and Maher Kooli (Université du Québec à Montréal) co-authored the book Finance d’entreprise : Évaluation et gestion.

The textbook explains fundamentals underlying financial decisions of organizations and describes the principal functions of finance: investment, financing and financial policies; the relationship between return and risk; and financial planning. The authors address also more advanced decisions regarding mergers and acquisitions. This clear and easy-to-read work serves as an effective useful textbook for introductory corporate finance courses. Designed with a simple and direct teaching approach, it presents real cases studies based on Canadian firms, such as CAE, Bombardier, Alcan, Shell Canada Ltd., Couche-Tard, Canadian Tire, Cascades Inc., etc.

Adjaoud, F., Boubakri, N., Chkir, I. and M. Kooli. Finance d’entreprise : Évaluation et gestion. Chenelière Éducation, Montreal, 2008.

Daniel Zéghal, Ph.D., FCGA, professor of Accounting and Welch & Company Teaching Fellow at the Telfer School of Management, is the author of the book Accounting Thoughts and Practices: Some Unresolved Issues.

The issues in accounting thoughts and practices have all arisen because of change. But the change that has had perhaps the most dramatic and powerful impact on the accounting community is the increasing disenchantment of the public with businesses, non-profit organizations and governments at all levels. For a few decades now the public has been subjected to reports of bankruptcies, thefts, misappropriations and generally bad if not dishonest management. Much of the blame has been directed at accountants, auditors and financial managers who have been seen as either actively contributing to the problem or at best by showing a blind eye to ineffective or criminal behavior by others. Most of the issues discussed are attempts by the profession to satisfy the demands of stakeholders and others of the public for improved ethics and greater accountability in business and government. Trust must be restored in the credibility of published financial and other reports of business, non-profit organization and governments.

Zéghal, D. Accounting Thoughts and Practices: Some Unresolved Issues. Parmitech, Ottawa, 2008.

In addition to those projects led by Telfer School of Management researchers, our professors are participating in research teams led by other universities which have received over $2.17 million in new grants from the Social Sciences and Humanities Research Council (SSHRC) and the Canadian Institutes of Health Research (CIHR).  This funding will be distributed among 3 projects covering such diverse topics as international entrepreneurship, healthcare systems and tools, and telehomecare:

Barbara Orser and Martine Spence are members of a team of six researchers who received over $1.95 million from SSHRC to develop a knowledge cluster on international entrepreneurship.  This research cluster will be funded for seven years and will be directed by Rod McNaughton of the University of Waterloo.  Other team members include Hamid Etemad (McGill University), Becky Reuber (University of Toronto) and Eileen Fischer (York University).

Mirou Jaana is part of a team of four researchers who received over $84,000 from CIHR to study new forms of telehomecare. Other team members include Claude Sicotte (principal investigator) and Marc Lemire, both of the University of Montreal, and Guy Paré, of HEC Montréal. She is also one of three members of another team, directed by Guy Paré, which was funded over $60,000 by SSHRC to understand how to manage risks in developing clinical information systems. Claude Sicotte is also a member of this team.

Doug Angus is part of a team of five researchers who received over $75,000 from SSHRC to develop a management knowledge transfer tool kit for healthcare research and practice which combines management measurement and indexing tools in a user-friendly way to build the knowledge transfer capacities of healthcare managers, professionals and researchers.  This public outreach research will be led by Karen Harlos of McGill University.  Other team members include Judith Ritchie and Laurel Taylor of McGill University and Anita Kothari of the University of Western Ontario.