Our study investigates the role of firm and country characteristics in determining the level of compliance with mandatory disclosure requirements. We also examine whether the role of firm characteristics hold across different environments. Our empirical study relies on European Union listed...

The issue of business combinations date arose in accounting in connection with the case of cross-border fusions again. The solution of this issue in the Czech accounting and in company law takes into account objective fundament of the transaction. Legal regulation in many EU countries is...

Our study focused on the practices of French groups concerning the accounting treatment of intangibles acquired in business combinations. Particularly, we tested the value relevance of the accounting measures of such intangibles for the French stock market (a sample of 30 French firms during the...

Mergers and acquisitions are rather the result of strategic processes in a determined sector rather than individual actions of some companies. The main benefits of the merger are related to strengthening market position, reducing margins and increasing competitive pressures (often to the...