In 2002, the Securities and Exchange Commission mandated that the chief executive officers of large, publicly traded firms certify the accuracy of their company financial statements. In this paper, I investigate whether CEO certification has had a measurable effect on the stock market valuation...

On the basis of accounting and market data for firms and groups listed on German stock exchanges between 1997 and 2003, we show that the value relevance of R&D information under German accounting standards can be superior to that provided by US-GAAP and IAS. The results, obtained while...

Der Umbau zur Informationsgesellschaft durch die rasante Verbreitung der Internetnutzung wird gravierende Änderungen für das Wirtschaftsgeschehen mit sich bringen, von denen praktisch alle Unternehmen und Unternehmensbereiche betroffen sein werden. Diese Entwicklung eröffnet kleinen und...

Unter dem Label Trusted Computing Group hat sich ein weltweites Konsortium von Unternehmen der Hard- und Softwareindustrie gebildet, das an einem universellen Standard für sichere Rechnersysteme einschließlich der Datenkommunikation über Internetverbindungen arbeitet. Im Rahmen der...

This paper examines the interday and intraday dynamics of the euro area overnight money market on the basis of an original set of market activity and liquidity proxies constructed from both pre- and post-trade data. The empirical literature provides extensive evidence supporting the rejection of...

Die vorliegende Studie liefert auf Basis einer Befragung von Unternehmen in Deutschland Ergebnisse zu deren Plänen, künftig mit anderen Unternehmen Data Sharing zu betreiben. An der Befragung beteiligten sich im Januar 2023 rund 1.400 Unternehmen aus dem Verarbeitenden Gewerbe und der...

The German book market has been changing during the last decade. Electronic publishing has started to play a significant role and continues to become more and more important. New technological advancements lead to new challenges for pub-lishers as well as sellers. The paper XML-based Text...

Data and information are fundamental pieces for effective evidence-based policy making and provision of public services. In recent years, some private firms have been collecting large amounts of data, which, were they available to governments, could greatly improve their capacity to take better...