When the source of external capital for Continental European firms is examined, debt markets have historically supplied a much larger percentage of the external capital than equity markets, and firms rely much more on bank debt than bonds for their external funds. In this environment banks have...

The paper sets out to analyse the effects of the financial crisis on the international standard-setter in 2008 and the attempts made to shoot the messenger -- to blame IAS 39 for creating the crisis for reporting unrealised losses, rather than the cause being bankers making bad investment...

The paper sets out to analyse the effects of the financial crisis on the international standard-setter in 2008 and the attempts made to shoot the messenger - to blame IAS 39 for creating the crisis for reporting unrealised losses, rather than the cause being bankers making bad investment...

La diversification des activités et des marchés des grandes entreprises internationales rend nécessaire la publication d'une information pertinente et fiable sur les différentes branches d'activité et les secteurs géographiques. Depuis longtemps existaient déjà sur le plan international...