Purpose – The International Accounting Standards Board and the Financial Accounting Standards Board allow fair value measurement of liabilities. Previous findings from the literature on recognition versus disclosure indicate that recognition of fair value information better serves investors'...

Since the issuance of KonTraG in 1998 Germany has regulatory requirements to supplement internal control systems with a risk management component. The extensions of IDW’s standards indicate also the need for an altered understanding and a more intense analysis with internal control systems by...

Despite the medial importance of activities and practises of corporate leadership, the mechanisms of their transmission and their effects have been neglected in prior literature. The goal of this paper is to develop a communications model that reflects the relation of activities and practises of...

Neben strategischen Entscheidungen gehören wiederkehrende Dispositionen unter Unsicherheit zu jenen Determinanten im betrieblichen Alltag, die den Unternehmenserfolg maßgeblich mitbestimmen. Bezüglich der Frage, ob solche Entscheidungen besser von Einzelpersonen oder Gruppen getroffen werden...