Politicians frequently intervene in the regulation of financial accounting. Evidence from the accounting literature …' involvement at exactly those points when the debate focuses on the economic consequences of accounting regulation (i.e., bank …

This paper evaluates the role of accrual accounting in improving firms' production decisions and resource allocation … systems lead to more informed decisions on the part of firms and ultimately to allocation of greater resources to high ….5% increase in aggregate U.S. productivity and a 0.7% increase in aggregate U.S. output via improved resource allocation. The …

explore the link between audit market regulation and the abovementioned objectives. The staggered implementation between 2002 … and 2014 across the sample countries allows better identification of the role of audit market regulation than in single …

This paper analyzes the risk allocation in concession models for German highways, according to the "F-Model" and the "A … concession models. Next, theoretical backgrounds and rules of thumb for risk allocation in concessions for road infrastructure … are presented and applied to the F- and A-Model. Both models show significant weaknesses with regard to risk allocation …

This article develops a theory of standard-setting in which accounting standards emerge endogenously from an …

We investigate the impact of uneven transparency regulation across countries and industries on the location of economic … transparency regulation is negatively associated with the focal industry's economic activity in terms of inputs (e.g., employment …' transparency regulation is positively associated with the focal industry's economic activity. Our evidence suggests uneven …