International organizations have encouraged national governments to switch from traditional cash-based to business-like accrual accounting, on the presumption that long-run benefits may outweigh substantial implementation and operating costs. We use a quasi-experimental setting to evaluate...

Purpose - Assessing and measuring the extent of organization-level policy implementation has received little scholarly attention, especially in the areas of local governments' procurement and environmental protection. To rectify the paucity of research in this area, this paper adopts...

The European social model is currently the topic of many scholarly discussions. Most authors (Krebs, Mitchell, Godet, etc.) agree that, due to demographic factors and economic crises, the view of the European welfare state has to be changed. The discussions about the welfare state (Krebs, 2011)...

This study examines the impact of improvements in institutional oversight specifically for compliance with International Financial Reporting Standards (IFRS) on accrual quality in Europe. The sample comprises 9339 firm-year observations from a treatment sample of three European countries that...

In this paper, I show a generalization of the negative relation of traditional accruals and percent accruals with future returns in 11 of 16 European countries. Positive abnormal returns from hedge portfolios on both accrual measures summarize the economic significance of this generalization....