This paper analyses the regulatory environment for open wireless networks in Germany. Starting from the general liability principles for online intermediaries, in particular the concept of "Störerhaftung", recent case law regarding the liability of network operators for unlawful acts by network...

We examine the effect of auditor conservatism on corporate innovation. We hypothesize that because conservative auditors constrain income-increasing accounting discretion, managers may sacrifice long-term investments in innovation to boost current earnings and meet short-term performance...