A continuous flow of reliable, relevant and financially important information is necessary for making economically justified and strategic investment decisions. Economic globalization has contributed to the need of creating a unified language for communication, a single set of international...

Welche Informationsfunktion kommt der Rechnungslegung zu? Der Autor untersucht auf der Grundlage von HGB, US-GAAP und dem conceptional framework des IASB das Spannungsfeld zwischen Bilanzwahrheit und den Grenzen einer wahren und fairen Informationsvermittlung. Auf der Basis von HGB, US-GAAP und...

In this paper, I draw parallels between the literatures on the effects of law on the financial development of countries and on the effects of accounting standards on financial reporting outcomes. My central thesis is that these literatures are complementary in terms of what they have to say...