Purpose-The purpose of this paper is to show how Japanese companies are assimilating the Anglo-Saxon model of corporate governance, by focusing on the changes in accounting and auditing in post-war Japan. Design/methodology/approach-It delineates the three key stages in the process by which...

We analyse to what extent the accrual anomaly is related to the choice of the accounting system as well as firm-level heterogeneity in corporate governance mechanisms. Using a unique dataset of listed German firms over the period 1995 to 2005 we first corroborate former results indicating that...

Angesichts der Unternehmensskandale der jüngeren Vergangenheit haben Investoren und andere Anspruchsgruppen die Notwendigkeit erkannt, eine Verbesserung der bestehenden Corporate Governance von Unternehmen herbeizuführen. Diese Haltung ist dabei von der Überzeugung geprägt, dass "gute"...

"Hedge fund activism is an expression of shareholder primacy, an idea that has come to dominate discussion of corporate governance theory and practice worldwide over the past two decades. This book provides a thorough examination of public and often confrontational hedge fund activism in Japan...