This study examines how taxpayer support for government spending can improve tax compliance. While there is ample evidence on the deterrent effect of audit probability on taxpayer on compliance, there is no evidence related to the moderating role that taxpayer support may have on compliance...

As of October 2008, the new amendments to IAS 39 & IFRS 7 were introduced by IASB as a direct reaction to the financial crisis. Since IFRS followers was given the option to reclassify certain financial assets, it partially changes the mark-to-market requirements, and leads to the fair accounting...

In Europe, accounting standards prevent larger expenditures on employer-sponsored training from being treated as investments. Using Sweden as example, we discuss two consequences for training. First, the timing: training will be conducted when income is large enough for training costs to be...

The Dodd-Frank Act was signed into law on July 21, 2010 (DFA 2010). The Act extended the role and protection of whistleblowers by providing awards to whistleblowers who gave relevant information to the U.S. Securities and Exchange Commission and the U.S. Commodities Futures Trading Commission...

This paper attempts to analyse some of the factors which may increase the pressure to refer to EU law and EU jurisdictions when drafting contracts, particularly if no agreement is reached between the EU and UK on jurisdictional matters such that there is an absence of an adequate enforcement...

We develop an economic theory on the endogenous relationship between corporate disclosure and shareholder litigation and derive three key results. (i) Decreasing litigation risk can lead to more or less disclosure due a trade-off between the deterrence and the insurance effects of litigation....

The impact of accounting research has been the subject of several studies over the past 30 years. Impact factors using citation analysis is the major method of evaluating the impact of accounting research and ranking accounting journals. Studies of the impact of accounting research using...

The IFRS adoption has improved the quality of accounting information significantly. However, huge costs are incurred by all subjects involved. The process has considerable consequences for tax systems, too. State authorities are solving how to ensure the control over tax duty fulfillment under a...

The public sector has attempted to improve organizational performance by borrowing elements of performance management systems (PMS) from the private sector and imposing those systems on organizations. The health care sector has provided the setting for numerous implementations of such systems...