Showing 1 - 9 of 9
The key proposition of the paper lies in the treatment of financial statements as a matrix of endogenous information codetermined by double entry. To account for the highly structured information set in econometric estimation, we develop a generalised structural system for use with accounting...
Persistent link: https://www.econbiz.de/10013089513
This study focuses on the relation between the cost of equity capital and earnings expectations when the properties of accounting that determine earnings vary across different regulatory regimes. More particularly, it addresses the European setting where different types of GAAP regime have...
Persistent link: https://www.econbiz.de/10012733471
This study examines the interactive influence of corporate ownership, corporate governance and investor protection on the incorporation of current value shocks in the accounting earnings of European companies. This influence is investigated not only by means of the association between current...
Persistent link: https://www.econbiz.de/10012733472
Cet article traite DE LA MESURE DE L'HARMONISATION COMPTABLE INTERNATIONALE
Persistent link: https://www.econbiz.de/10010929995
The use of financial ratios by analysts to compare the performance of firms from one accounting period to the next is of growing importance with continued European economic integration. Recent studies suggest that the individual component series of financial ratios exhibit nonstationarity which...
Persistent link: https://www.econbiz.de/10014054535
This note discusses metrics that have been used frequently during the coronavirus pandemic: (i) the growth in the number of cases and deaths; (ii) the time they take to double; (iii) the re-infection ratio, generally known as the reproduction ratio R; and (iv) the excess mortality above the norm....
Persistent link: https://www.econbiz.de/10014097183
The article proposes a theoretical framework for understanding financial ratios, showing that the multiplicative character of the financial variables from which financial ratios are constructed is a necessary condition of valid ratio usage, not just an assumption supported by evidence. Also, by...
Persistent link: https://www.econbiz.de/10014348678
Purpose – Prior accounting research views impression management predominantly though the lens of economics. Drawing on social psychology research we provide an alternative perspective on corporate annual narrative reporting as characterised by conditions of ‘ex post accountability' (Aerts,...
Persistent link: https://www.econbiz.de/10013094660
The use of financial ratios by analysts to compare the performance of firms from one accounting period to the next is of growing importance with continued European economic integration. Recent studies suggest that the individual component series of financial ratios exhibit nonstationarity which...
Persistent link: https://www.econbiz.de/10005187465