Accounting is of vital importance in the economies thanks to its contribution in the decision making process and … letter attempts to perform an approximation of the role of accounting as a means of legitimizing the capitalist financial …

. Contrary to the commonly held view, fair value accounting did not have a major impact on the crisis development and severity …-to-Market ; Fair-Value Accounting ; Credit Rating Agencies ; Financial Crisis ; Regulation ; Financial Institutions ; Banks …

. Contrary to the commonly held view, fair value accounting did not have a major impact on the crisis development and severity …

accounting research questions that may be appropriately addressed by markets-based research. and the characteristics of the … governmental setting which might cause differences from corporate accounting research. A new data source for government bond prices … and a methodology not previously used in accounting research are offered as fruitful avenues for future research …

We experimentally explore how common knowledge provided by accounting systems affects investors' decision and shapes … the formation of security prices over time. We design alternative accounting structures and run experiments in artificial … security markets framed by these structures. In sessions where investors receive exogenous accounting information about …

Eine der wesentlichen Gründe für das Entstehen und den Verlauf der Finanzkrise dürfte in der Intransparenz moderner … Bewertungs- und/oder die Koordinationsfunktion der Rechnungslegung mit dem Verlauf der Finanzkrise in Verbindung gebracht werden …This paper analyzes the role of financial accounting and reporting in the current financial crisis. Starting outlining …

. The example of Lehman Brothers shows how important it is to formulate appropriate accounting standards that actually …