Investor judgment and decision-making (JDM) is influenced by several factors. We examine the effect of dispositional goal orientation (approach and avoidance motivation), as well as situational goal orientation (gain- and loss-framing), on non-professional investors' JDM. In an experiment, 150...

This paper investigates personal consequences for management executives in the context of financial misreporting exposed by German enforcement institutions. More specifically, we examine CEO and CFO turnover in the context of an error announcement. By doing so, we compare 103 firms that issued...

The FASB and the IASB have defined the provision of decision useful information as the primary objective of financial reporting. Decision usefulness is based on two fundamental qualitative characteristics, relevance and reliability (now replaced by “faithful representation”). Using a...

This paper investigates the level of consistency in using financial key performance indicators (KPIs) in capital market communication in Germany and examines specific determinants of consistent KPI reporting. To measure such consistency, the study reports three consistency indices that were...

[Vorwort der Herausgebenden:] Mit diesem Sammelband starten wir unsere Schriftenreihe des KCAT KompetenzCentrum für Accounting und Taxation der FOM Hochschule für Oekonomie & Management. (...) Der Begriff der Nachhaltigkeit steht im Fokus unseres ersten Sammelbandes wissenschaftlicher...