Following privatisations in the 1980's, the UK financial industry embarked on a series of demutualisations, which developed into a global trend in the late 1990's. This structural shift has generated numerous debates in academic circles concerning various managerial issues of mutual versus stock...

Our concern in the present paper is with an empirical evaluation of the relevance of published depreciation numbers. We report results of an attempt to assess the correspondence between the depreciation rates implied by published financial statements and the market-based rates implied by time...

This study aims at collecting empirical evidence on whether or notfinancial accounting standards which exist in the Kingdom of Saudi Arabia giverise to economic consequences. Awareness of the potential economicconsequences of accounting standards emerged first in the United States ofAmerica in...