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The global financial and economic crisis has resulted in many nations cutting back on all sorts of public spending, and yet military spending seems to be increasing. In fact world military expenditure is increasing tremendously in almost all world countries, even poor countries with low and...
Persistent link: https://www.econbiz.de/10010670339
where the effects of shocks are more persistent. However, contradictive empirical findings arise for the required risk … premium between the examined capital markets, although it would be expected that higher risk is compensated with additional …
Persistent link: https://www.econbiz.de/10010670368
The purpose of this paper is to assess the role of auditors in the financial crisis and the level of responsibility, if any, that should be placed on audit firms. The paper will analyse the ethical implications of the decisions made by auditors when issuing their audit opinions for their...
Persistent link: https://www.econbiz.de/10010670386
This paper investigated the role of auditors in the financial crisis from an African perspective. Desk research approach scanning through various documents that include; reports and accounts from the internet, published journal articles, national and international newspapers was used. Assessment...
Persistent link: https://www.econbiz.de/10010670387
Cash figures still constitute the main basis for performance assessment and resource allocation decisions in the Greek public sector even though accrual accounting information is available. The scope of this paper is to compare accrual accounting and cash accounting figures in order to assess...
Persistent link: https://www.econbiz.de/10010670411
level of bankruptcy risk. The paper aims at analyzing the changes of the financial situation and bankruptcy risk of a … bankruptcy risk. Grounded on the theory of financial analysis and its application for corporate finance purposes, the modules are …
Persistent link: https://www.econbiz.de/10010671511
The main subject of the paper is the issue of granting state aid discussed from the point of view of the most important changes in the European Union competition policy as a result of the global financial crisis. The author makes a review of state aid related to the financial crisis in the...
Persistent link: https://www.econbiz.de/10010671522
The aim of this paper is to analyze the macroeconomic policy of the Baltic states in response to the financial crisis of the years 2007–2010. The considerations are based on the thesis that the general direction of the macroeconomic policy chosen by the analyzed countries is correct. The...
Persistent link: https://www.econbiz.de/10010671544
The existing in Europe regulatory model showed its inability and impossibility to realise traditional mechanisms of regulation of the financial market under conditions of the changing economic paradigm due to the financial crisis. The article studies the principle of partition of the fiscal and...
Persistent link: https://www.econbiz.de/10010672038
The article discusses the financial condition of the food industry, identifies the main problems of the financial support of the companies that produce the problem of investment and innovation of the food industry. The proposed policy options that can be chosen by the company, given the current...
Persistent link: https://www.econbiz.de/10010672125