Lachmann, Maik; Stefani, Ulrike; Wöhrmann, Arnt - In: Accounting, Organizations and Society 41 (2015) C, pp. 21-38
International Accounting Standard 39 (IAS 39) and the Statement of Financial Accounting Standard 159 (SFAS 159) both require a firm to include adjustments to the fair values of its liabilities resulting from changes in its own credit risk in net income. Previous research confirms that including...
