SMEs play a crucial role for European economies. The numbers show the high importance of SMEs for national economies. Accordingly, it is no surprise that the regulatory framework SMEs are imbedded in is the subject of an important political discussion. In the discussion it is frequently...

Der Aufsatz diskutiert das Vorgehen bei und die Konsequenzen aus der Einführung von Evaluation und Akkreditierung in die deutsche Hochschullandschaft. Es wird gezeigt, dass Akkreditierung und Evaluation zwei Seiten einer Münze bilden, die sich jedoch in ihrer Perspektive unterscheiden....

Der Aufsatz diskutiert das Vorgehen bei und die Konsequenzen aus der Einführung von Evaluation und Akkreditierung in die deutsche Hochschullandschaft. Es wird gezeigt, dass Akkreditierung und Evaluation zwei Seiten einer Münze bilden, die sich jedoch in ihrer Perspektive unterscheiden....

The paper discusses the impact of the Basel II Accord on the financing of small and medium size enterprises (SME) in Austria. Although the Basel II Accord has not been established yet, the study tries to evaluate the expected impact of the Basel II Accord on SMEs, on the bases of the current...

Innovations in the finance industry are an important tool to enhance profitability and to increase a nation's wealth. It, therefore, is not astonishing that there is much empirical work on innovations in finance. Most of the work however is concerned with the design of innovative products. The...

In May 2004 the CFO Forum harmonized the various efforts of reporting the embedded valueof life insurance companies by issuing the European Embedded Value (EEV) Principles.In this working paper a methodology is proposed to derive a maximum lending amountfrom EEV figures without much additional...

Tax fraud is a serious problem for fiscal authorities worldwide, not only in countries regarded as hightax like Germany. Besides longterm tax reforms, tax amnesties are used to bring back taxable amounts into the legal sector. The German tax amnesty of 2004/2005 was one of the last examples in...

This paper explores approaches to measure the performance of the internal audit function. Based upon three proposed dimensions of formal internal audit performance - material performance, cost and risk - it uses competence research methodology to characterize and structure internal audit...