This study provides a guide to accounting research on private firms with an emphasis on the
European setting. We start by providing an overview of private firm financial reporting …

Research contends that internal capital should be allocated in proportion to divisional
performance, but scholars are often puzzled to find that managers do not adhere to this …

This paper examines whether portfolio disclosure requirements for actively managed
investment funds affect the investment decisions of the firms they own. We argue that …

Gatekeepers in financial markets have the power to provide the institutional stability,
fortitude, and direction necessary for the development and the smooth functioning of capital …

This paper examines the effect of disclosure regulation on the takeover market. We study the
implementation of a recent European regulation that imposes tighter disclosure …

When private firms are acquired, buyers commonly rely on seller financing and earnouts.
Using a novel database of private acquisitions, I find that seller financing and earnouts …

We build on neo-institutional theory to examine the manner in which nation-level institutions
systematically affect domestic acquisitions—that is, acquisitions involving acquirers and …

Enterprise evaluation provides indicators such as ratings and scores by analyzing the
characteristics and capabilities of enterprises. The business performance, the level of credit …

Cost of capital is one of the most essential concerns in corporate finance. Anecdotal
evidences and academic researches imply recent disclosure of key audit matter (KAM) …

In today's diversified development model, the combination of modeling and business
decision development is particularly important. The advanced theoretical business model …