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Bespiel von Deutschland und USA). Die Auswahl von geeigneten bilanziellen Kennzahlen ist für diese Länder immer noch ein …
Persistent link: https://www.econbiz.de/10009460748
facilities to transfer money back to their family in Bangladesh. In June 2007, the company went into liquidation owing nearly 2 …
Persistent link: https://www.econbiz.de/10009468665
generelle R?ckstufung von Gesellschafterdarlehen nach dem MoMiG in der Insolvenz zu finden und modelltheoretisch zu analysieren … richtiger Ansatzpunkt f?r eine Rechtfertigung des Nachranges von Gesellschafterdarlehen in der Insolvenz sein kann, nicht jedoch …The economic reasons for the legal subordination (MoMiG) of shareholders' loans in the insolvency of a company are …
Persistent link: https://www.econbiz.de/10009484819
circumstances, especially for firms with fewer positive NPV projects and higher liquidation values. When renegotiation is costless …
Persistent link: https://www.econbiz.de/10009441096
This paper focuses on market discipline as a necessary condition to preserve the signaling content of balance sheet indicators and market prices as macroprudential tools. It argues that market discipline enhances the information content of market prices by reflecting the expected private cost of...
Persistent link: https://www.econbiz.de/10012529572
processes that have nearly always (95%) resulted in the liquidation of the insolvent firm. These dysfunctions became apparent … achieving a successful reorganisation, hence avoiding the firm’s liquidation. Our findings show that two of the four reforms … insolvency administrators and by fostering out-of-court workouts for large corporations …
Persistent link: https://www.econbiz.de/10012530510
moral hazard and decreases with the effi ciency of fi rm liquidation following bankruptcy. …
Persistent link: https://www.econbiz.de/10012533086
This paper seeks to present the moral and ethical frameworks in which to consider the effect of bribing on business and the great community; confront the cultural differences that lie between American businesses and its potential interest abroad, as well as the growing international move to...
Persistent link: https://www.econbiz.de/10009468752
The research in this paper has two objectives. Beginning with an examination of the historical development of how financial reporting standards are set in the United States and around the world, the Financial Accounting Standards Board and the International Accounting Standards Board will be...
Persistent link: https://www.econbiz.de/10009450221
The empirical evidence suggests that firms overpay for fraud liability and overspend on internal compliance mechanisms (which are not very effective at preventing fraud). Yet, insiders who commit fraud are rarely sanctioned for their wrongdoing, which produces moral hazard and individual...
Persistent link: https://www.econbiz.de/10009432061