National standard setters and external accounting observers continue to express concerns over a principles-based developed IFRS taxonomy. Considering the anticipated but unexpected SEC decision on March 3rd 2017 to adopt the IFRS taxonomy for electronic filings for Foreign Private Issuers by...

A common issue with regard to a research project is to identify the adequate research method for determining the number of factors in the growing literature on multifactor models (Bai and Ng, 2002). This paper intends to provide a synopsis on the existing different methods and the associated issues

Based on the existing information, managers and financial advisers can study the economies of different countries and regions. The competitiveness of a nation depends directly on the quality of life of its citizens, and on the competitiveness of the company depends the level of performance of...

A growing body of academic research in the field of behavioural economics, political science and psychology demonstrate how an invisible hand can nudge people's decisions towards a preferred option. Contrary to the assumptions of the neoclassical economics, supporters of nudging argue that...

Globalization has led to an unprecedented correlation of massive global systems causing systemic risk to increase exponentially (Centeno et al., 2013). 10 years after the global financial crisis, what are the lessons learned, what was improved and what still needs to be accomplished? The crucial...

It was a very long way from the initial development of the XBRL (eXtensible Business Reporting Language) standard in 1998 to the initial release of digital structured business reports based on International Financial Reporting Standards (IFRS). The US Securities and Exchange Commission's...

Main topic: This study concentrates on those disclosure requirements, which are defined by the new IFRS 9 and IFRS 7 related IASB Taxonomy. IASB has introduced a new standard (IFRS 9) on impairment, which requires a three-step approach, which in general replaces the current incurred impairment...

German Abstract: Bei dieser Diplomarbeit wird die Frage behandelt, inwieweit das Auftreten von ECNs (Electronic Communication Networks), welche auch alternative Handelsplattformen genannt werden, eine Konkurrenz für Börsen und Traditionelle Banken darstellen. Die ECNs werden sehr stark von...