We analyse the application of hedge accounting and its influence on hedging behaviour in German and Swiss non-financial corporations. Of our sample companies, 72% apply hedge accounting. The likelihood of its use is associated with frequency of derivatives usage, size, IFRS experience, perceived...

In this study, we analyse compliance for a large sample of European companies mandatorily applying International Financial Reporting Standards (IFRS). Focusing on disclosures required by IFRS 3 <italic>Business Combinations</italic> and International Accounting Standard 36 <italic>Impairment of Assets</italic>, we find...

This paper examines the economic exposure of German corporations to changes in the DM/US-dollar exchange-rate. Our work contributes to the existing body of literature in the following ways. Firstly, we point out conceptual problems of previous attempts to estimate economic exposure. Secondly, we...

Survey studies of both corporate exchange risk management and the corporate use of derivatives in general have shown considerable variation in managerial practices. Some firms do not hedge open positions at all, and some hedge their exposures completely. Most companies, however, hedge only those...

Die Europa-Universität Viadrina versteht sich als Brückenuniversität zwischen Polen und Deutschland; seit ihrer Gründung studieren dort polnische und deutsche Studierende gemeinsam. Wie gehen die Studierenden miteinander um, und welche Bedeutung hat die kulturelle Offenheit für die...

This paper deals with the Classification of Companies by Means of Neural Networks

CET ARTICLE TRAITE DE LA CLASSIFICATION DES COMPAGNIES SELON LES RESEAUX SOCIAUX

Corporate insolvencies are rising and interest-rate (and thus profit) margins associated with increasing loan volumes are declining. Banking institutions need instruments that can evaluate the credit standing and general financial situation of a company quickly and accurately. Only through the...