Though countries like the U.S.A., India and Nigeria have set their mottos based on high moral values like “In God We Trust,” “Truth Alone Wins,” “Unity & Faith: Peace & Progress,” it appears from experiences that today's governance (Man-Management) has been degraded to such an extent...

The recent financial crisis that began in 2007, also known as the Global Financial Crisis, had a huge influence on the financial situations of enterprises and financial institutions around the world. The situation on world stock markets was also strongly affected by the crisis. As the behavior...

This paper presents an overview of exposures in the balance sheets of central banks, banks, and other depository institutions during the past decade, with emphasis on asset growth and currency composition. It exploits the IMF's SRF-based monetary data to show: (i) there was a widely observed...

Purpose - Our purpose is to examine the impact of the financial crisis that occurred in the United States of America in 2008 on the value relevance of companies ‘financial statements. Also to examine what changed on the importance of the two most significant accounting variables, earnings and...