Previous studies argued that low investment-cash flow sensitivities of German firms may be caused by dominance of … public banking.The paper addresses this topic and applies a unique accounting dataset of German firms. Results from a dynamic … panel data approach show that the dependence of investment spending on internal funds does not significantly differ between …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow. …

The article introduces the theoretical foundations of the author's original concept of accounting engineering. We … assume a theoretical premise whereby accounting engineering is understood as a system of accounting practice utilising … differences in economic events resultant from the use of divergent accounting methods. Unlike, for instance, creative or …

This essay provides a survey of the evolution and the developments of bookkeeping, internal cost accounting and … present times. It is shown that the developments in bookkeeping and cost accounting have regularly been a reaction to … accounting, which chronologically enumerate different techniques and practices, this text additionally delivers an outline of …

This paper reviews the major finance-related causes of private under-investment in innovation and the consequent …