Herr, Sascha B.; Lorson, Peter; Pilhofer, Jochen - In: Schmalenbach Journal of Business Research (SBUR) 74 (2022) 3, pp. 389-451
For more than two decades, the reporting of so-called 'alternative performance measures' (APMs) has been a common phenomenon in external financial reporting. APMs are voluntarily disclosed and generally unaudited performance measures. Typically, APMs modify earnings measures calculated in...
