The relation between stock prices and accounting earnings has been a central theme in accounting research for more than half a century. By almost exclusively emphasizing a lin- ear, parametric approach, the literature has been unable to convincingly overcome a number of modeling issues,...

This study responds to recent calls in the literature to examine fraud using detailed case studies, extending knowledge beyond individual incentives and capital market reactions towards a more contextualized understanding of the concept and its social construction. We use an institutional logics...

In this paper we study the relative effect on stock and bond markets of different components in banks' income statements. We divide the operating part of the income statement into loan loss provisions (LLP) and all other operating income. Our hypothesis is that LLPs – which relate to default...

In this paper, the influence of IFRS on Swedish national accounting rules is analyzed. The lawmaker's and standard setters' response to EU Accounting Directive 2013/34/EU is studied, as well as the use of IFRS in enforcement. The conclusion is that IFRS have a strong position and legitimacy in...