Similar Search Results

Cross-border financing by the industrial sector increases competition in the domestic banking sector

Jayaraman, Sudarshan; Kothari, S. P. - 2015

We predict that access to cross-border financing by the industrial sector reduces firms' reliance on domestic banks, thereby leading to lower rents for banks and greater competition in the domestic banking sector. We also predict that banks take on more risk to offset these lost rents and remain...

Persistent link: https://www.econbiz.de/10011807932

Market competition, government efficiency, and profitability around the world

Healy, Paul M.; Serafeim, George; Srinivasan, Suraj; … - 2011

We examine how cross-country differences in product, capital, and labor market competition, and earnings management … economic theory. Country differences in labor market competition and earnings management are also related to mean reversion in … earnings management mean revert more slowly for profitable firms and more rapidly for loss firms. Thus, earnings management …

Persistent link: https://www.econbiz.de/10009295782

Product Market Competition and Analyst Forecasting Activity : International Evidence

Haw, In-Mu - 2015

In this study, we investigate how product market competition affects the extent of analyst following and the properties of analyst forecasts. Using a broad sample of firms from 37 countries over the 1990 to 2008 period, we find that firms that operate in more concentrated industries and with...

Persistent link: https://www.econbiz.de/10013031494

Impact of IFRS on deferred taxes methodology in the Czech Republic and comparison with IFRS for SMEs

Žárová, Marcela - In: European financial and accounting journal : EFAJ 6 (2011) 1, pp. 19-38

Investigating impact of IFRS on the accounting regulatory system in the Czech Republic, there should be highlighted that IFRS were introduced into the regulatory system gradually as a separate regulatory system for determined group of accounting entities, on the other hand IFRS have had...

Persistent link: https://www.econbiz.de/10011459951

Comparative analysis of Czech accounting with international regulation from SMEs perspectiv

Strouhal, Jiří; Paseková, Marie; Müllerová, Libuše - In: European financial and accounting journal : EFAJ 6 (2011) 1, pp. 39-59

Use of harmonized accounting standards may reduce investor’s uncertainty and can thus reduce the cost of capital. It can significantly improve the communication between business users and all their statements. Due to the globalization of business and international harmonization of financial...

Persistent link: https://www.econbiz.de/10011459954

Fighting climate change with disclosure? : the real effects of mandatory greenhouse gas emission disclosure

Downar, Benedikt; Ernstberger, Jürgen; Rettenbacher, Hannes - 2019 - This version: August 2019

We examine whether mandatory disclosure of greenhouse gas (GHG) emissions influences companies' GHG emission levels. We identify the disclosure effect by exploiting a mandate requiring UK-incorporated listed companies to disclose information on GHG emissions in their annual reports. Using a...

Persistent link: https://www.econbiz.de/10012101163

Vertical integration and valuation of international oil companies

Misund, Bård; Osmundsen, Petter; Sikveland, Marius - 2014

This paper studies financial statement information from the 50 largest international oil and gas companies during 1992 to 2011 and evaluates their relation to market values. In particular, we examine how this relationship is affected by accounting method choice (successful efforts versus full...

Persistent link: https://www.econbiz.de/10010428751

The impact of carbon disclosure mandates on emissions and financial operating performance

Downar, Benedikt; Ernstberger, Jürgen; Reichelstein, Stefan - 2020 - updated version of DP 1795

We examine whether a disclosure mandate for greenhouse gas emissions creates stakeholder pressure for firms to subsequently reduce their emissions. For UK-incorporated listed firms such a mandate was adopted in 2013. Using a difference-in-differences design, we find that firms affected by the...

Persistent link: https://www.econbiz.de/10012234526

Accounting for financial stability : lessons from the financial crisis and future challenges

Bischof, Jannis; Laux, Christian; Leuz, Christian - 2018

This paper investigates what we can learn from the financial crisis about the link between accounting and financial stability. The picture that emerges ten years after the crisis is substantially different from the picture that dominated the accounting debate during and shortly after the crisis....

Persistent link: https://www.econbiz.de/10012011324

The effect of international taxation on group structures of multinationals

Amberger, Harald; Kohlhase, Saskia - 2018

We investigate the relation between international taxation and the organizational form of foreign direct investment (‘FDI’). Using micro-level data on inbound FDI relations in Germany, we find that a higher tax burden on income earned in a corporate subsidiary increases the probability that...

Persistent link: https://www.econbiz.de/10011747276

1
2
3
4
5
6
7
8
9
10
Next
Last