Purpose – In this paper, the authors aim to analyze the impact of International Financial Reporting Standards' (IFRS) mandatory adoption on the financial statements of Spanish listed companies. Design/methodology/approach – The authors estimate a panel data model by generalized least...

Recently, many papers show evidence of a positive association between financial literacy and wealth holdings. It is often claimed that individuals with a higher level of financial literacy display a higher propensity to plan for retirement. In their planning process, individuals seek to achieve...

The debate over how firm environmental, social and governance (ESG) affects shareholder wealth has been receiving increasing interest in recent years, especially in periods of crisis such as the market crash triggered by COVID-19 pandemic. Some researchers have analysed whether ESG scores...

This paper focuses on the ability of aggregate income to forecast GDP growth in the Eurozone and, particularly, on the role that special items play in propitiating it by incorporating conditional conservatism. We contribute to the previous literature by discussing the ability of aggregate micro...

The term structure of interest rates is a key instrument for financial research. It provides relevant information for pricing deterministic financial cash flows, it measures economic market expectations and it is extremely useful when assessing the effectiveness of monetary policy decisions....

The termstructure of interest rates is an instrument that gives us the necessary information for valueing deterministic financial cash flows, measuring the economic market expectations and testing the effectiveness of monetary policy decissions. However, it is not directly observable and needs...

The term structure of interest rates is an instrument that gives us the necessary information for valuing deterministic financial cash flows, measuring the economic market expectations and testing the effectiveness of monetary policy decisions. However, it is not directly observable and needs to...