SCHMALENBACH BUSINESS REVIEW最新文献

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Revisiting a Remedy Against Chains of Unkindness 重新审视对不友善枷锁的补救措施
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-05-12 DOI: 10.1007/s41464-020-00090-2
Wendelin Schnedler, Nina Lucia Stephan
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引用次数: 0
Financial Reporting in Non-listed Family Firms: Insights from Interviews with CFOs 非上市家族企业的财务报告:来自cfo访谈的见解
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-04-09 DOI: 10.1007/s41464-020-00087-x
Martin Glaum
{"title":"Financial Reporting in Non-listed Family Firms: Insights from Interviews with CFOs","authors":"Martin Glaum","doi":"10.1007/s41464-020-00087-x","DOIUrl":"https://doi.org/10.1007/s41464-020-00087-x","url":null,"abstract":"Analysing 20&nbsp;interviews with CFOs of German non-listed family firms, I&nbsp;report how the firms’ financial reporting is organised, who are the financial statement addressees, how the CFOs define accounting quality, whether they manage earnings, and how owner families influence reporting. I&nbsp;also discuss the firms’ costs of reporting and disclosure. Most CFOs see the requirement to disclose financial statements as a&nbsp;burden. They react by disclosing statements as late as possible and by providing only the minimum content necessary. As regards accounting quality, the CFOs value formal correctness, but also sustainability, persistence, and conservative estimation of net income. Most CFOs engage in earnings management, above all to achieve a&nbsp;positive trend in net income, in some cases also to comply with debt covenants. The influence of the owner families differs; however, in most cases the family at least “sets the tone” for the reporting. On average, the direct costs of accounting and auditing in my sample firms amount to about 1% of revenues. According to the CFOs, public disclosure does not result in material indirect costs, and most CFOs would not change much if the requirements for reporting and disclosure were abolished. These findings add to our understanding of private firm financial reporting and suggest several directions for future research.","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"25 17","pages":"225-270"},"PeriodicalIF":2.2,"publicationDate":"2020-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138519863","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Monitor or Advise? How Family Involvement Affects Supervisory Board Roles in Family Firms 监督还是建议?家族参与如何影响家族企业监事会角色
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-04-01 DOI: 10.1007/s41464-020-00088-w
Dominik van Aaken, Maximilian Göbel, Daniel Meindl
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引用次数: 2
Corporate Social Responsibility and Employees Motivation—Broadening the Perspective 企业社会责任与员工激励——拓宽视角
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-04-01 DOI: 10.1007/s41464-020-00089-9
J. Kunz
{"title":"Corporate Social Responsibility and Employees Motivation—Broadening the Perspective","authors":"J. Kunz","doi":"10.1007/s41464-020-00089-9","DOIUrl":"https://doi.org/10.1007/s41464-020-00089-9","url":null,"abstract":"","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"14 1","pages":"159-191"},"PeriodicalIF":2.2,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79067505","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 23
Valuation Techniques Under Construction—About the Dissemination of the CAPM in German Judicial Valuation 建构中的估价技术——论德国司法估价中CAPM的传播
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-04-01 DOI: 10.1007/s41464-020-00091-1
Tobias Quill
{"title":"Valuation Techniques Under Construction—About the Dissemination of the CAPM in German Judicial Valuation","authors":"Tobias Quill","doi":"10.1007/s41464-020-00091-1","DOIUrl":"https://doi.org/10.1007/s41464-020-00091-1","url":null,"abstract":"","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"5 3 1","pages":"299-341"},"PeriodicalIF":2.2,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80038370","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
The Influence of the Organizational Structure, Environment, and Resource Provision on the Use of Accrual Accounting in Municipalities 组织结构、环境和资源供给对市政当局权责发生制会计运用的影响
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-03-13 DOI: 10.1007/s41464-020-00086-y
Christian Nitzl, D. Hilgers, Bernhard Hirsch, David Lindermüller
{"title":"The Influence of the Organizational Structure, Environment, and Resource Provision on the Use of Accrual Accounting in Municipalities","authors":"Christian Nitzl, D. Hilgers, Bernhard Hirsch, David Lindermüller","doi":"10.1007/s41464-020-00086-y","DOIUrl":"https://doi.org/10.1007/s41464-020-00086-y","url":null,"abstract":"","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"31 1","pages":"271-298"},"PeriodicalIF":2.2,"publicationDate":"2020-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75795865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 16
Financial Reporting in Non-listed Family Firms: Insights from Interviews with CFOs 非上市家族企业的财务报告:来自cfo访谈的见解
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-03-01 DOI: 10.2139/ssrn.3570734
M. Glaum
{"title":"Financial Reporting in Non-listed Family Firms: Insights from Interviews with CFOs","authors":"M. Glaum","doi":"10.2139/ssrn.3570734","DOIUrl":"https://doi.org/10.2139/ssrn.3570734","url":null,"abstract":"Analysing 20 interviews with CFOs of German non-listed family firms, I report how the firms’ financial reporting is organised, who are the financial statement addressees, how the CFOs define accounting quality, whether they manage earnings, and how owner families influence reporting. I also discuss the firms’ costs of reporting and disclosure. Most CFOs see the requirement to disclose financial statements as a burden. They react by disclosing statements as late as possible and by providing only the minimum content necessary. As regards accounting quality, the CFOs value formal correctness, but also sustainability, persistence, and conservative estimation of net income. Most CFOs engage in earnings management, above all to achieve a positive trend in net income, in some cases also to comply with debt covenants. The influence of the owner families differs; however, in most cases the family at least “sets the tone” for the reporting. On average, the direct costs of accounting and auditing in my sample firms amount to about 1% of revenues. According to the CFOs, public disclosure does not result in material indirect costs, and most CFOs would not change much if the requirements for reporting and disclosure were abolished. These findings add to our understanding of private firm financial reporting and suggest several directions for future research.","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"31 1","pages":"225-270"},"PeriodicalIF":2.2,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86915653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Investment Barriers and Labeling Schemes for Socially Responsible Investments 社会责任投资的投资壁垒和标签计划
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-02-21 DOI: 10.1007/s41464-020-00085-z
Gunnar Gutsche, Bernhard Zwergel
{"title":"Investment Barriers and Labeling Schemes for Socially Responsible Investments","authors":"Gunnar Gutsche, Bernhard Zwergel","doi":"10.1007/s41464-020-00085-z","DOIUrl":"https://doi.org/10.1007/s41464-020-00085-z","url":null,"abstract":"","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"2 1","pages":"111-157"},"PeriodicalIF":2.2,"publicationDate":"2020-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s41464-020-00085-z","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72518855","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 21
Vertical (Dis‑)Integration and Firm Performance: A Management Paradigm Revisited 垂直(非)整合与企业绩效:重新审视的管理范式
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-02-01 DOI: 10.1007/s41464-020-00083-1
F. Kaiser, R. Obermaier
{"title":"Vertical (Dis‑)Integration and Firm Performance: A Management Paradigm Revisited","authors":"F. Kaiser, R. Obermaier","doi":"10.1007/s41464-020-00083-1","DOIUrl":"https://doi.org/10.1007/s41464-020-00083-1","url":null,"abstract":"","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"AES-5 1","pages":"1-37"},"PeriodicalIF":2.2,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84475919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 13
The Impact of Price Bundling on the Evaluation of Bundled Products: Does It Matter How You Frame It? 价格捆绑对捆绑产品评价的影响:你如何定义它重要吗?
IF 2.2
SCHMALENBACH BUSINESS REVIEW Pub Date : 2020-01-31 DOI: 10.1007/s41464-020-00082-2
Anjulie Hähnchen, Bernhard Baumgartner
{"title":"The Impact of Price Bundling on the Evaluation of Bundled Products: Does It Matter How You Frame It?","authors":"Anjulie Hähnchen, Bernhard Baumgartner","doi":"10.1007/s41464-020-00082-2","DOIUrl":"https://doi.org/10.1007/s41464-020-00082-2","url":null,"abstract":"","PeriodicalId":43001,"journal":{"name":"SCHMALENBACH BUSINESS REVIEW","volume":"33 1","pages":"39-63"},"PeriodicalIF":2.2,"publicationDate":"2020-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85429448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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