The paper sets out to analyse the effects of the financial crisis on the international standard-setter in 2008 and the attempts made to shoot the messenger - to blame IAS 39 for creating the crisis for reporting unrealised losses, rather than the cause being bankers making bad investment...

Social regulation of the « socially responsible investment » market (SRI), a recently developed market characterized by an original combination of financial and non-financial, « sustainable development » principles, is studied. Analysis of the history of this market and the structure of...

In a recent contribution to this journal, Arjaliès (J Bus Ethics 92:57–78, 2010) suggests that the emergence of socially responsible investment (SRI) in France can be best described as a social movement with a collective identity that aimed to challenge the dominant logic of the financial...

The French contract for Private Finance Initiative, "le contrat de partenariat", had been promoted since 2004 as the ideal-typed standard for PFI. In that sense, its regulatory degree has to be analyzed through its promotion. This new kind of contract knits very long links (30 years) between the...

The paper sets out to analyse the effects of the financial crisis on the international standard-setter in 2008 and the attempts made to shoot the messenger -- to blame IAS 39 for creating the crisis for reporting unrealised losses, rather than the cause being bankers making bad investment...

Accounting for research and development (R&D) costs is an open issue. SFAS n°2 mandates that all R&D costs are immediately expensed. International standards prescribe a capitalization of R&D costs if they meet certain criteria (IAS 38). The cost method is perfectly objective and verifiable. The...

We examine auditor choice for listed companies in France where two (joint) auditors are required by law. The joint audit requirement creates a unique setting to study if a firm’s ownership structure affects its auditor-pair choice as well the consequences on earning quality. The results...

Despite recent discoveries of embezzlement and excessive risk taking in subsidiary companies of several large French corporations (Vivendi, France Telecom, ...), companies rarely question the quality of the relationship they have with their auditors. The objective of this research paper is to...