Showing 1 - 10 of 17
Despite greater constraints for obtaining bank loans, public shares' offerings ceased in the SEE region since the onset of the financial crisis in 2008. With scarce IPOs and SEOs as well as debt offerings, Croatian capital market stands as prime example of mandatory shares' listing rule...
Persistent link: https://www.econbiz.de/10011533019
This paper analyzes the role of financial accounting and reporting in the current financial crisis. Starting outlining … the objectives of financial accounting and giving a brief overview over the relevant accounting standards for financial … to financial accounting outcomes. Also, it surveys the current analytical literature which investigates the relation …
Persistent link: https://www.econbiz.de/10010377867
This paper analysis capital structure determinants of Croatian enterprises based on a cross-sectional data for pre-recession 2007 and recession 2010 comprising about 10,000 firms. Determinants are selected with reference to the relevant capital structure theories and include asset tangibility,...
Persistent link: https://www.econbiz.de/10010435960
and face different challenges. The limited market power, lack of management skills, absence of adequate accounting records …
Persistent link: https://www.econbiz.de/10011985092
The financial crisis followed by the recession has adversely affected the quality of Romanian banking assets. The aim of this paper is to point out the implications of credit risk in the Romanian banking system following the accelerate dynamics of credit activity before the financial crisis and...
Persistent link: https://www.econbiz.de/10012016967
The Central and Eastern European countries have experienced significant imbalances starting with 2008 that have affected their business environment profoundly. Thus, the firms operating in the region have faced, and continue to face, difficulties and major challenges. Through this paper we aim...
Persistent link: https://www.econbiz.de/10012017280
This paper proposes the use of the Cash Flow from Operations (CFO) obtained from Cash Flow Statement (CFS) as a factor with significant impact on the financial structure of the Spanish firms in a period (2008-2012) that was characterized by dificulties in business finance. In the previous...
Persistent link: https://www.econbiz.de/10011787584
accounting performance and stock market value. However, not all CSR investments are the same. I distinguish between internal CSR …
Persistent link: https://www.econbiz.de/10013200312
In the wake of the global financial crisis that erupted in 2008, there has been extensive commentary and regulatory focus on the 'Too Big to Fail' issue. In this paper, we survey the proposed solutions and regulatory initiatives that have been undertaken. We conduct a longitudinal analysis of...
Persistent link: https://www.econbiz.de/10012611174
The objective of this paper is to investigate the process of company's debt accumulation in different European countries throughout the last decade. As a preliminary step to the empirical study, a new theoretical framework is proposed relative to capital structure, where the decision of going to...
Persistent link: https://www.econbiz.de/10011536958