With German reunification in 1990, the EastGerman economy has been challenged to be transformedfrom a centrally planned economy to acompetitive market economy with the samestandard of living as in West Germany. Thegeneral intention has been to close the hugeeconomic gap between East German and...

With this study we are the first to systematically compare todays two major counterparts as a source of accounting and financial data for researchers: Compustat North America by Standard & Poors and Worldscope by Thomson Financial. This investigation is conducted for U.S. and partly Canadian...

This paper investigates which comparables selection method generates the mostprecise forecasts when valuing European companies with the enterprise value to EBIT multiple. We also consider the USA as a reference point. It turns out that selecting comparable companies with similar return on assets...

Comparative advertising has been permitted in Germany in 2000. So far, advertisingpractitioners and researchers have neither reached a consensus on its effectiveness noron its usefulness for corporate communication. The authors conducted two studies: Oneto capture the opinions of advertisers on...

This paper identifies some common errors that occur in comparative law, offers some guidelines tohelp avoid such errors, and provides a framework for entering into studies of the company laws ofthree major jurisdictions. The first section illustrates why a conscious approach to...