This case study deals with an unexpected budgetary loss of an online wine trader. It can serve both as a discussion basis in class as well as an exam for advanced Master students in management, marketing, and accounting. The case illustrates how variance analysis and Activity-based Costing help...

This case study provides a thorough training and/or examination of students’ basic costing skills linked to pricing and touching some behavioural aspects of management accounting as well. The case study is divided into three specific areas and concerns of the organization enabling both...

This case study is applicable both as an exam question and as a case study for class discussion. It allows for a broad discussion of most topics covered in both undergraduate and graduate courses in strategy or management accounting. Due to its breadth, the teacher can easily adjust the required...

Challenging times, such as the recent financial crisis, appear to cause organizations to change their business reporting. Yet, there is not much evidence of how changes in business reporting were enacted by banks, and there is only little discussion about the extent to which this can be seen and...

Environmental uncertainty is a major determinant in many managerial decisions and evaluations. Yet, there is no consensus what constitutes a valid measure of uncertainty to which executives can respond. This paper explicates conceptual and methodological differences between Archival...

This paper provides evidence of how a transition to IFRS affects key financial ratios and the pertinent financial statement items. Building on Lantto and Sahlström's (2009) evidence from creditor-oriented code law regimes, we examine the impact of IFRS transition on listed companies in the...

We examine the relation between monetary rewards, cognitive capabilities, dimensions of effort and how they affect decision-making in complex contexts. Using an experiment, we extend previous research with other effort areas. We find that the effect of incentives depends on the cognitive...

Value-based Management (VBM) is an approach to corporate governance that aims at the long-term maximization of the total value of a company. By focusing on measurable performance indicators and forward-looking capital market expectations, VBM is to prevent selfish or short-sighted actions, e.g.,...