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This chapter analyzes the role of financial accounting in the German financial system. It starts from the common … perception that German accounting is rather 'uninformative'. This characterization is appropriate from the perspective of an arm … perspective is adopted. The German accounting system exhibits several arrangements that privately communicate information to …
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about the usefulness of international accounting data and about the adoption effects of a change to such accounting …
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about the usefulness of international accounting data and about the adoption effects of a change to such accounting …
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