This paper investigates the relationship between earnings opacity across 24 countries and elements of law and religiosity. The picture shows earnings opacity is negatively related to both the degree of law enforcement and church attendance. While church attendance was negatively related to...

Purpose – Tax compliance has been studied by analyzing the individual decision of a representative person between planning and evading taxes. A neglected aspect of tax compliance is the impact of bureaucracy and corruption. Both bureaucracy and corruption are hypothesized to have a negative...

Purpose – The purpose of this paper is to identify and test the determinates of earnings opacity internationally. The determinates are hypothesized to be the elements of social, economic and accounting order in each of the 34 countries of the study. Design/methodology/approach – A sample of...

This paper argues that earnings are determined as a response to wealth, measured by net value added, and as an adjustment to the previous year level of earnings. The model appears well specified when applied to a random sample of firms-years. The results highlight the importance of wealth...

This study examines the relationship between multidivisional (M-form) structure and productivity. The relationship is hypothesized to vary with diversification strategy. Findings based on longitudinal analysis of productivity data from 62 firms in industries, indicate that following M-form...

Previous research presented evidence of bias and positive serial correlation in forecast errors suggesting that analysts do not properly recognize the time-series properties of earnings when setting expectations of future earnings. A reason for the security analyst underreaction is the level of...

This paper investigates the relationship between earnings opacity across 24 countries and elements of law and religiosity. The picture shows earnings opacity is negatively related to both the degree of law enforcement and church attendance. While church attendance was negatively related to...