This paper analytically investigates the credibility of managerial forecast disclosure introducing a game theoretic perspective by extracting robust implications from disclosure models.

This paper is the first multi-country investigation of comprehensive corporate risk disclosure. Based on a detailed content analysis of 160 annual reports, we analyze the attributes and the quantity of risk disclosure and its association with the level of firm risk in the U.S., Canadian, U.K.,...

Risk reporting is an emerging reporting challenge in Europe. Current literature assumes corporate risk reporting to be informative for its users. The purpose of this paper is to investigate in how far risk disclosures can meet the information function alleged. Embedded in frameworks of economics...

In this journal, Buchheim and Beiersdorf discussed recent changes in the regulation of the management report (Lagebericht) in Germany. More specifically, their article addresses risk reporting, which is an integral part of the management report. While risk reporting has been explicitly required...

This paper adopts a multi-issue/multi-period approach to provide new insights into key determinants of constituents' formal participation in the due process of the International Accounting Standards Board (IASB). Based on an analysis of 8,825 comment letters submitted during the period...

This paper examines the level of de facto convergence of IFRSs and US GAAP based on Form 20-F reconciliations of 114 EU companies. Our analysis of 1.928 reconciling items illustrates that de facto differences between IFRSs and US GAAP are heterogeneous and often material in both net income and...

Accounting scandals and deficiencies in standards have persuaded international accounting standard-setters to rethink revenue recognition. The proposals of the joint IASB/FASB-project Revenue Recognition feature an asset-liability approach relying on measurement at fair values or at allocated...

Purpose – This paper aims to propose and apply a novel risk-based approach to explore whether socio-political theories explain the level of corporate environmental disclosures given inconclusive evidence on the relation between environmental disclosure and environmental performance....

Purpose – The aim of this paper is to provide evidence on the extent and the consequences of the provision of non-audit services (NAS) by statutory auditors to German family firms.Design/methodology/approach – The study analyzes hand collected fee data of 368 listed and private family firms...