Extractive firms form a major part of the stock markets of many countries which use IFRS for financial reporting, yet the key accounting issues are hardly regulated at all under a long-running ‘temporary' standard. The resulting variety in practice has not been studied by any large-scale...

Accounting for extractive costs is the last major issue to remain largely unregulated by IFRS. This is despite the fact that extractive firms are an important part of several big stock markets. Under a temporary permissive standard (IFRS 6), which has been in place since 2004, firms use a wide...

This article examines the long-run impact of the 1992 completion of the European Single Market on the diversification and internationalization of European business. It does so at a particular moment of crisis: the exit of the United Kingdom from European Union (“Brexit”). The article finds...