This study investigates how the recent financial crisis influenced the value relevance of accounting information. The empirical analyses show that the book values of equity explained most of the cross-sectional variation in stock prices during the crisis. Still, the earnings response coefficient...

For the world, 2002 was a big year for financial fraud. Bankruptcy followed bankruptcy starting with Enron succeeded by Tyco and WorldCom. While there are many different types of fraud, financial statement fraud represents the largest amount of dollar loss to fraudulent activities. With revenue...

This paper introduces the literature of Francois Quesnay that speaks to two contemporary problematics: first, the humankind's relationship with nature (specifically with land). Second, Quesnay's Tableau - the forerunner of studies of economic instability induced by ruptures between, inter alia,...