and value relevances: regulatory oversight by securities commissions, relatively strict accounting and auditing standards … accounting information. However, there is still only scarce evidence about the relevance of earnings information in a context …

Accounting standards define goodwill as the excess of the cost of an acquired company over the sum of its identifiable …

In Switzerland the use of International Accounting Standards (IAS) is allowed as an alternative to national rules for … listed compagnies do comply with IAS. Because of permissiveness and low disclosure requirements of the Swiss accounting … regulation, compliance with IAS implies additional disclosure and renouncement of a considerable discretion in accounting …