Research on relationship between profitability and indebtedness is an interesting scientific and professional question because it is the basic criterion of performance and security in business. The aim of this paper is to examine and determine the level of correlation between profitability and...

The question of non-financial and risk disclosures in corporate annual statements has been discussed globally for over a decade. The stakeholders of socially responsible organisations report a constantly growing demand for financial and non-financial information, including that related to...

The paper aims to determine the role of the financial situation of production companies in the relationship between their environmental initiatives and their factors of competitiveness. The paper takes advantage of primary and secondary statistical data. The former were gathered using the...

Identifying fraudulent financial statements is important in open innovation to help users analyze financial statements and make investment decisions. It also helps users be aware of the occurrence of fraud in financial statements by considering the associated pattern. This study aimed to find...

This article deals with disclosure of associates and joint venture in financial statement. In May 2011 the IASB issued new standard IFRS 12 Disclosure of interest in other entities. This standard, compared with IAS 28 and IAS 31, requires to disclose more detail information about joint ventures...

The study investigates the effects of financial accounting services on SMEs' financial performance. The agency theory was used in the research. The study used a quantitative strategy and a survey method to acquire the essential data for the project. The study used a sample of 320 SMEs to carry...

The focus of the present study is the management practice of disclosing disaggregated (financial) information in a company's annual report. In this study, a sample of 232 Slovenian unlisted companies has been examined. The results show that less than a quarter of the companies disclose...

Am 2. Dezember 2001 hat der US-amerikanische Energiehändler Enron Insolvenz angemeldet. Für viele völlig überraschend brach das an der Börsennotierung gemessen vormals siebtgrößte Unternehmen der USA zusammen. Welche ordnungspolitischen Lehren sind für die Publizität und Rechnungslegung...

The aim of this study is to determine whether accruals have information value beyond that provided by isolated current cash flows for the prediction of future cash flows. Using a sample of 4,397 Spanish companies (mostly privately held), we estimate in-sample regressions of future cash flows on...

Die Bilanzierung von Leasinggesellschaften stellt eine besondere Herausforderung an die Rechnungslegung dar, da eine klare Abgrenzung von Mietverträgen und kreditfinanzierten Kaufverträgen schwierig ist. Im Mittelpunkt der Problematik steht dabei die grundsätzliche Frage, ob das zu...