Because mandatory disclosure of intellectual capital (IC) is restricted by accounting regulations, companies invest in voluntary IC disclosure (ICD) to reduce information asymmetries and support an adequate firm valuation by investors and other stakeholders. So far numerous studies analysing the...

German Abstract: Die Risikoneigung ist ein wesentlicher Einflussfaktor bei ökonomischen Entscheidungen. Der Beitrag misst die individuelle Risikoneigung von Studierenden durch verschiedene Methoden und bewertet deren Güte. Die Reliabilität und Validität der direkten Messung sowie der...

An increasing influence of families in firms is associated with lower professionalisation. A less professionalized firm might not be able to exploit the benefits of elaborate accounting functions that are fundamental for effective decision-making and control. Yet, it is unclear to date if higher...