While inputs into analysts' valuation models have been documented (Brown et al. 2015), analysts' prior perceptions of reported financial statement items have not yet been studied. It is important to be aware of analysts' perceptions of the current accounting standards because they are, to some...

The aim of this study is to introduce the vitality of rural welfare service enterprises and evoke the discussion about the rural location as a strength. The concept “vitality” could be understood, such as, competitiveness, success or continuity. The vitality is an essential element for...

Regulators in Belgium, France, Italy and Spain issued a short sales ban on financial stocks to contain volatility in August 2011. This paper uses a quasi-experimental approach to assess the ban's effectiveness. Control groups in the study are the ADRs of the banned financial stocks and their...

The paper investigates income elasticity of demand for online horserace betting, using individual account data and administrative data from Finland. Overall income elasticity is positive but low. However, elasticity varies substantially across the income distribution from near-zero at the bottom...

This study contributes to the nascent literature on the economic consequences of critical audit matters (CAMs) by examining how tax-related CAMs (TaxCAM) are associated with a company’s tax risk and audit fees. We predict and find that if a company’s tax accounts involve a high degree of...