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Bebchuk, Lucian Arye - 1998

This essay surveys the literature on Chapter 11. I start by discussing the objectives by which the performance of corporate reorganization rules is to be judged and then consider the fundamental problem of valuation that arises in corporate reorganization. I next turn to examine the performance...

Persistent link: https://www.econbiz.de/10012472332

Generational Accounts - A Meaningful Alternative to Deficit Accounting

Auerbach, Alan J. - 1991

are projected to pay to the government now and in the future. The generational accounting system represents an alternative …

Persistent link: https://www.econbiz.de/10012475431

Signaling and Accounting Information

Myers, Stewart C. - 1989

This paper develops a signaling model in which accounting information improves real investment decisions. Pure cash …' interests. Accounting by prespecified, "objective" rules alleviates the underinvestment problem …

Persistent link: https://www.econbiz.de/10012475844

Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account : A Critical Review

McCallum, Bennett T. - 1985

most transactions are carried out through an accounting system rather than any tangible medium of exchange, and (iii …

Persistent link: https://www.econbiz.de/10012477512

Mandated Financial Reporting and Corporate Innovation

Breuer, Matthias - 2019

We investigate the impact of reporting regulation on corporate innovation activity. Exploiting thresholds in Europe's regulation and a major enforcement reform in Germany, we find that forcing a greater share of firms to publicly disclose their financial statements reduces firms' innovative...

Persistent link: https://www.econbiz.de/10012480236

Research in Accounting for Income Taxes

Graham, John - 2010

This paper comprehensively reviews Accounting for Income Taxes (AFIT). The first half provides background and a primer …

Persistent link: https://www.econbiz.de/10012462987

Bank-Tax Conformity for Corporate Income : An Introduction to the Issues

Hanlon, Michelle - 2005

This paper discusses the issues surrounding the proposals to conform financial accounting income and taxable income …. The two incomes diverged in the late 1990s with financial accounting income becoming increasingly greater than taxable … of earnings management for financial accounting and/or the tax sheltering of corporate income. Our paper outlines the …

Persistent link: https://www.econbiz.de/10012467620

Exchange Rate Pass-Through, Currency of Invoicing and Market Share

Devereux, Michael B. - 2015

This paper investigates the impact of market structure on the joint determination of exchange rate pass- through and currency of invoicing in international trade. A novel feature of the study is the focus on market share of firms on both sides of the market--that is, exporting firms and...

Persistent link: https://www.econbiz.de/10012457255

Dodging the Taxman : Firm Misreporting and Limits to Tax Enforcement

Carrillo, Paul - 2014

Reducing tax evasion is a key priority for many governments, particularly in developing countries. A growing literature has argued that the ability to verify taxpayer self-reports against reports from third parties is critical for modern tax enforcement and the growth of state capacity. However,...

Persistent link: https://www.econbiz.de/10012458041

Money as a Unit of Account

Doepke, Matthias - 2013

We develop a theory that rationalizes the use of a dominant unit of account in an economy. Agents enter into non-contingent contracts with a variety of business partners. Trade unfolds sequentially in credit chains and is subject to random matching. By using a dominant unit of account, agents...

Persistent link: https://www.econbiz.de/10012459124