This study examines if the reversal of impairments allowed by IAS 36 as undertaken by UK-quoted companies can be justified as unbiased adjustments to reflect the fair value of the property, plant and equipment assets to which they pertain. We test if the reversals are reflected in the change in...

Purpose – The purpose of this paper is to evaluate the impact of corporate governance reforms in Italy. Design/methodology/approach – The authors argue that the effectiveness of corporate governance can best be assessed with reference to the choices made by management or controlling...