We examine changes in cross-country financial statement comparability around mandatory IFRS adoption and the effects of these changes on firms' information environments, as captured by analyst properties and bid-ask spreads. First, we show that cross-country earnings comovement is negatively...

The aim of this paper is to present an analysis of farm-level data collected in a survey of 464 Polish farms in 2000. Performance indicators of farms in three Polish voivodships are compared with farm accountancy data from two German Länder. The results show that Polish farms were much less...

This paper examines the actions and strategies of Germanyś leading energy companies - E.ON, RWE, EnBW and Vattenfall - in the light of a changing regulatory framework and other circumstances. The liberalization of the German electricity market, measures to promote renewable energies, market...