Many businesses adopt one-sided boilerplate contract terms and conditions that lead to protracted negotiations. Often, the parties ultimately reach a compromise that could have been reached sooner if they had put forward more balanced contract terms at the outset. We ask why this seemingly...

Abstract: The control of standard terms implies a significant inroad into classic contract theory as the fairness assessment moves from formation (procedural justice) to the content of contracts (substantial justice). When it comes to price terms, the challenge faces freedom of contracts and...

In this paper, we report the results of a detailed survey of the standard contracts for 40 major cloud computing services, including Amazon Web Services, Google Cloud, and Microsoft Azure. We cover a broad range of contractual issues, including clauses dealing with choice of law, termination,...

In literature, several approaches have been adopted to define and measure the value that companies generate to society. However, none of this research lines have yet produced a metric that could be considered standard and social to measure and compare the social value generated for companies,...

This study examines the impact of accounting standard adoption complexity on financial reporting quality and market outcomes. We capture adoption complexity by uniquely using adoption-related disclosures required under Staff Accounting Bulletin (SAB) 74. We examine the adoption outcomes of the...

Starting from the times of barter system to today’s modern era of plastic money, the mankind has trodden a remarkably long path. Undoubtedly “profitability” has always been the driving force and an undercurrent behind all this development; but as every coin has two facets; growing cut...

The purpose of this study is to empirically examine the relations between audit outcomes and accounting standard design (principles-based vs. rules-based) for US firms. Considering that audit outcomes may vary with audit risk, which may differ under different accounting standards, we examine and...

The EU’s weak promotional policy towards sustainability in its free trade arguments isup for revision. Labour and environmental standards need to be tightened. They weregiven a boost on balance by a remarkable panel ruling of January 2021 in the longstandingEU–Korea labour dispute....