In this study, we analyse compliance for a large sample of European companies mandatorily applying International Financial Reporting Standards (IFRS). Focusing on disclosures required by IFRS 3 <italic>Business Combinations</italic> and International Accounting Standard 36 <italic>Impairment of Assets</italic>, we find...

We consider stochastic frontier models in a panel data setting where there is dependence over time. Current methods of modeling time dependence in this setting are either unduly restrictive or computationally infeasible. Some impose restrictive assumptions on the nature of dependence such as the...

Consider a stochastic frontier model with one-sided inefficiency u, and suppose that the scale of u depends on some variables (firm characteristics) z. A “one-step” model specifies both the stochastic frontier and the way in which u depends on z, and can be estimated in a single step, for...

In this paper we consider parametric deterministic frontier models. For example, the production frontier may be linear in the inputs, and the error is purely one-sided, with a known distribution such as exponential or half-normal. The literature contains many negative results for this model....

The concept and desiderata of an evidence-based entrepreneurship (EBE) is discussed as a strategy to overcome the gap between knowledge developed in the field of entrepreneurship and its use in practice. Evidence constitutes the best summary of knowledge based on several sources of information...

Comparing the current economic situation of the internal markets of the US and the EU, two things are noticeable. On the one hand, the EU is conducting massive regional policy programmes (notably with their Structural Funds) to foster economic cohesion among the 27 nations belonging to the...

In this paper we consider a stochastic frontier model in which the distribution of technical inefficiency is truncated normal. In standard notation, technical inefficiency u is distributed as N^+ (μ,σ^2). This distribution is affected by some environmental variables z that may or may not...