Protecting Australia’s brand assets and stakeholder interests. International accounting standards have recently been harmonised to allow firms to recognise the value of purchased brands on their balance sheets, subject to an annual test to verify that value has not been impaired. There are no widely accepted methodologies with which to undertake such tests, despite the requirement for the balance sheet to provide a true and fair view of financial position. This research will develop three approa ....Protecting Australia’s brand assets and stakeholder interests. International accounting standards have recently been harmonised to allow firms to recognise the value of purchased brands on their balance sheets, subject to an annual test to verify that value has not been impaired. There are no widely accepted methodologies with which to undertake such tests, despite the requirement for the balance sheet to provide a true and fair view of financial position. This research will develop three approaches to calibrate brand impairment and draw lessons from applying them over a three year period. The outputs are twofold: first, a suite of detailed methods for accountants, auditors and financial analysts to measure and diagnose brand value; second, several key indicators that can be used to monitor signs of brand impairment.Read moreRead less
The Role of Corporate Governance Mechanisms in Maximising the Performance of Listed Australian Corporations. The recent spake of corporate collapses and scandals highlights the need for an ongoing commitment to the development, implementation and maintenance of strong systems of governance within Australian corporations. This commitment necessitates an understanding of which suite of governance mechanisms are most effective in positively impacting upon corporate performance rather than just the ....The Role of Corporate Governance Mechanisms in Maximising the Performance of Listed Australian Corporations. The recent spake of corporate collapses and scandals highlights the need for an ongoing commitment to the development, implementation and maintenance of strong systems of governance within Australian corporations. This commitment necessitates an understanding of which suite of governance mechanisms are most effective in positively impacting upon corporate performance rather than just the performance impact of a particular mechanism in isolation. To date, research facilitating such an understanding is all but non-existent. However, our study will yield this much-needed evidence and, therefore, provide the foundations for ongoing corporate governance reform on the part of regulators and practitioners alike.Read moreRead less
Equity Market Integrity and Liquidity. This project seeks to increase our understanding of market integrity. Market integrity directly impacts investor confidence which influences liquidity and the cost of capital. It is imperative that exchanges implement policies to enhance integrity to survive in a competitive market. The Australian Stock Exchange Limited (ASX) has provided access to unique data of alleged market manipulation to undertake this research. Previous researchers have been cons ....Equity Market Integrity and Liquidity. This project seeks to increase our understanding of market integrity. Market integrity directly impacts investor confidence which influences liquidity and the cost of capital. It is imperative that exchanges implement policies to enhance integrity to survive in a competitive market. The Australian Stock Exchange Limited (ASX) has provided access to unique data of alleged market manipulation to undertake this research. Previous researchers have been constrained by their inability to access such data. We now have an opportunity to complete unique research to develop a measure of market integrity and assess its impact on liquidity and the cost of capital.Read moreRead less
Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use ad ....Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use advanced statistical methods to estimate the benefits of clearer decision-making. The outcomes of this project includes new models of complex financial decisions, and a better understanding of where confusion arises and the effects it may have. Decreased confusion will raise financial well-being and help communities become more resilient to financial shocks.Read moreRead less
Hypergraph models for complex discrete systems. This project aims to better understand the structure and properties of very large hypergraphs of various kinds. Hypergraphs are very general mathematical objects which can be used to model complex discrete systems. They arise naturally in many areas such as ecology, chemistry and computer science. Despite this, our theoretical understanding of very large, or random, hypergraphs lags far behind the intensely-studied special case of graphs. This proj ....Hypergraph models for complex discrete systems. This project aims to better understand the structure and properties of very large hypergraphs of various kinds. Hypergraphs are very general mathematical objects which can be used to model complex discrete systems. They arise naturally in many areas such as ecology, chemistry and computer science. Despite this, our theoretical understanding of very large, or random, hypergraphs lags far behind the intensely-studied special case of graphs. This project will answer many fundamental questions about large, random hypergraphs. The expected outcomes of the project also include new tools for working with hypergraphs, such as efficient algorithms for sampling hypergraphs. These outcomes will benefit researchers who use hypergraphs in their work and will enhance Australia's reputation for research in this area.Read moreRead less
A new model for random discrete structures: distributions, counting and sampling. Random discrete structures are used in countless applications across science for modelling complex systems. This project will study a new, very general model of random discrete structures which encapsulates both random networks and random matrices. This project will develop general tools for working with this model, thereby unlocking the model for use by practitioners in areas such as physics, biology, statistics a ....A new model for random discrete structures: distributions, counting and sampling. Random discrete structures are used in countless applications across science for modelling complex systems. This project will study a new, very general model of random discrete structures which encapsulates both random networks and random matrices. This project will develop general tools for working with this model, thereby unlocking the model for use by practitioners in areas such as physics, biology, statistics and cryptography. The questions that will be tackled are fundamental problems in probability, and include as special cases the analysis of subgraph distribution in models of random networks, and the joint distribution of entries of contingency tables, which are important in statistics.Read moreRead less
Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between ....Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between bank competition and economic well-being to enable policymakers to better determine the optimal concentration of banking sector in Australia. This will enhance the productivity and international competitiveness of Australia’s financial system and the broader economy.Read moreRead less
Development, implementation and private and public sector adoption of Standard Business Reporting in Australia. Standard Business Reporting is a government response to the business regulatory burden and streamlines business to government reporting, but involves some cost to business in its initial uptake. This project examines the adoption decisions made and their consequences for business entities choosing to use this voluntary reporting channel.
Springer fibres, nilpotent cones and representation theory. This project will address new ideas and famous unsolved problems in the field of algebra known as representation theory, by studying the geometry of spaces called Springer fibres and nilpotent cones. This will keep Australian mathematics in the forefront of developments in this internationally active field, which is central to modern mathematics.
Discovery Early Career Researcher Award - Grant ID: DE170101128
Funder
Australian Research Council
Funding Amount
$360,000.00
Summary
Homological methods in combinatorics, algebra and geometry. This project aims to solve problems in graph theory, lattice theory and geometry using algebraic techniques. The techniques and language provided by this algebraic approach will be used to gain fresh insight into classical problems, prove stronger theorems and uncover connections between different areas. This project intends to integrate Australia’s strength in homological algebra and category theory with applications in various differe ....Homological methods in combinatorics, algebra and geometry. This project aims to solve problems in graph theory, lattice theory and geometry using algebraic techniques. The techniques and language provided by this algebraic approach will be used to gain fresh insight into classical problems, prove stronger theorems and uncover connections between different areas. This project intends to integrate Australia’s strength in homological algebra and category theory with applications in various different fields of mathematics. This is expected to provide tools for further investigation of applications in other fields, including computer science and combinatorial optimisation.Read moreRead less