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Impact of IAS 12 on Deferred Taxes Regulation in the Czech Republic.
Žárová, Marcela - In: European Financial and Accounting Journal 5 (2010) 1, pp. 6-27
of the Czech accounting system from early nineties of last century till present time as a background for IFRS … implementation into Czech accounting system is an example of partial and incomplete implementation of IFRS into domestic accounting … rules based on different law presumption than under which are IFRS developed. Example of IAS 12 implementation into Czech …
Persistent link: https://www.econbiz.de/10010512855
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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 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 influence on the development of the local accounting rules during last …
Persistent link: https://www.econbiz.de/10010512874
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A Simple and Precise Method for Pricing Convertible Bond with Credit Risk
Xiao, Tim - In: Journal of Derivatives & Hedge Funds 19 (2013) 4, pp. 259-277
This paper presents a new model for valuing hybrid defaultable financial instruments, such as, convertible bonds. In contrast to previous studies, the model relies on the probability distribution of a default jump rather than the default jump itself, as the default jump is usually inaccessible....
Persistent link: https://www.econbiz.de/10012020162
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Is the Jump-Diffusion Model a Good Solution for Credit Risk Modeling? The Case of Convertible Bonds
Xiao, Tim - In: International Journal of Financial Markets and Derivatives 4 (2015) 1, pp. 1-25
This paper argues that the reduced-form jump diffusion model may not be appropriate for credit risk modeling. To correctly value hybrid defaultable financial instruments, e.g., convertible bonds, we present a new framework that relies on the probability distribution of a default jump rather than...
Persistent link: https://www.econbiz.de/10012023918
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The essence of the emerging markets' investment risk: Comparative analysis of American and Central European convertible bond issuers
Marszałe, Jakub - In: Comparative Economic Research. Central and Eastern Europe 18 (2015) 3, pp. 81-97
This paper attempts to identify the determinants of credit ratings for debt instrument issuers in the so-called emerging markets. The study was conducted on the sample of convertible bonds issuers in 2001-2012, half of which originated from Central and Eastern Europe, while the rest were U.S....
Persistent link: https://www.econbiz.de/10011922382
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The impact of financial constraints on the convertible bond announcement returns
Chang, Chong-Chuo; Kam, Tai-Yung; Chien, Chih-Chung; … - In: Economies 7 (2019) 2, pp. 1-9
As of now, very few research studies have examined the effects of financial constraints on the short- and long-term performances of companies after their announcement of convertible bonds. Due to asymmetric information, previous studies consider issuance of convertible bonds as negative news. As...
Persistent link: https://www.econbiz.de/10013199544
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Adjustments to Accounting Profit in Determination of the Income Tax Base: Evolution in the Czech Republic
Mejzlík, Ladislav; Vítek, Leoš; Roe, Jana - In: European Financial and Accounting Journal 9 (2014) 4, pp. 4-24
to IFRS and shows the evolution of main macroeconomic indicators of profitability and corporate taxation in the EU and …
Persistent link: https://www.econbiz.de/10010512947
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Bank Heal Thyself: Benefits of Adding CoCos to the Balance Sheet
von Furstenberg, George M. - In: CESifo Forum 15 (2014) 3, pp. 65-71
Persistent link: https://www.econbiz.de/10011696152
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Grundlegende Reform der Einkommensbesteuerung: inwieweit kann die Bemessungsgrundlage verbreitert und das Steuerrecht vereinfacht werden?
Bach, Stefan - In: DIW Wochenbericht 72 (2005) 36, pp. 523-527
Gegenwärtig wird intensiv über das Steuerreformkonzept von Paul Kirchhof diskutiert. Analysen auf Grundlage von fortgeschriebenen Einzeldaten der Einkommensteuerstatistik zeigen, dass die Abschaffung der wesentlichen Steuervergünstigungen und Abzugsbeträge nicht ausreicht, die mit einer...
Persistent link: https://www.econbiz.de/10011601611
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Unternehmensteuerreform 2008: Selbstfinanzierungseffekte von knapp 3 Milliarden Euro
Dwenger, Nadja; Steiner, Viktor - In: DIW Wochenbericht 75 (2008) 47, pp. 745-748
In den vergangenen Jahren ist das Aufkommen aus der Unternehmensbesteuerung in Deutschland häufig weniger stark zurückgegangen, als es aufgrund reduzierter tariflicher Steuersätze zu erwarten gewesen wäre. Grund hierfür sind sogenannte Selbstfinanzierungseffekte. Diese ergeben sich aus...
Persistent link: https://www.econbiz.de/10011601919