Accounting Economics and Law-A Convivium最新文献_第4页

Democratic Central Banking: Power Not Deliberation 民主中央银行:权力而非审议

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-12-06 DOI: 10.1515/ael-2022-0073

Leah Rose Ely Downey

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引用次数: 1

Corporate Control and Exceptions to Minimum Corporate Taxation: A Step Toward Fairness or Financialisation? 公司控制与最低公司税例外:迈向公平还是金融化?

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-12-02 DOI: 10.1515/ael-2022-0054

Y. Biondi

引用次数: 1

What Drives Lending Inquisitors’ Judgement & Decision-Making: Behavioural Factors Analysis through Kruskal–Wallis & Fuzzy AHP 驱动贷款审查员判断和决策的因素:基于Kruskal-Wallis和模糊层次分析法的行为因素分析

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-12-01 DOI: 10.1515/ael-2022-0002

Sandeep Kaur, Simarjeet Singh

{"title":"What Drives Lending Inquisitors’ Judgement & Decision-Making: Behavioural Factors Analysis through Kruskal–Wallis & Fuzzy AHP","authors":"Sandeep Kaur, Simarjeet Singh","doi":"10.1515/ael-2022-0002","DOIUrl":"https://doi.org/10.1515/ael-2022-0002","url":null,"abstract":"Abstract The present study investigates what drives Lending inquisitors’ judgement & decision-making behaviour that influences credit risk assessment in Indian banks. This research investigates three aspects: risk attitude & information acquisition behaviour, the effect of experience on lending, and desirable attributes of lending inquisitors. For the first area, Kruskal–Wallis non-parametric test is applied, for second area correlation and Cramer’s V is applied on fictitious case analysis and for third aspect 27 attributes of inquisitors through unstructured personal interviews are then analysed by applying Kruskal Wallis Test, Factor analysis and Fuzzy analytic hierarchy process (FAHP). Fuzzy AHP technique was applied to understand the key personal attributes and sub-attributes, which play a major role in Lending inquisitors’ judgement & decision-making behaviour. The risk attitude and information acquisition provided no substantial relationship between the two. Whereas, in the second area, which is assessing the impact of experience on decision-making behaviour, the result shows that the senior and junior credit inquisitors are cautious in acquiring the information as compared to outsourced credit inquisitors.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78217859","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

Why Tax Planning Without Considering Societal Interests is Unfounded 为什么不考虑社会利益的税收筹划是没有根据的

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-10-31 DOI: 10.1515/ael-2021-0115

Ute Schmiel

引用次数: 0

FASB to Practitioners: ‘Substance Over Form’ for Me but Not for Thee – An Apologia FASB致从业者:“实质重于形式”对我来说，但对你来说不是——一个道歉

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-10-31 DOI: 10.1515/ael-2022-0046

Dov Fischer

引用次数: 0

Hare or Hedgehog? The Role of Law in Shaping Current Technological Trends in the Securities Post-trading System 兔子还是刺猬?法律在塑造证券交易后系统当前技术趋势中的作用

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-10-13 DOI: 10.1515/ael-2022-0029

Thomas Bernhard Droll, Andrea Minto

{"title":"Hare or Hedgehog? The Role of Law in Shaping Current Technological Trends in the Securities Post-trading System","authors":"Thomas Bernhard Droll, Andrea Minto","doi":"10.1515/ael-2022-0029","DOIUrl":"https://doi.org/10.1515/ael-2022-0029","url":null,"abstract":"Abstract This article examines current technological trends in the securities post-trading system and the role of law in shaping these developments. Against this backdrop, we analyse (i) recent initiatives that aim at technologically improving the traditional post-trade system, (ii) projects that aim at enhancing the efficiency of post-trade processes related to traditional securities by using distributed ledger technology and (iii) post-trade issues related to the rise of crypto-assets and decentralised finance. We argue that the current role of law in shaping these technological trends is different in these three contexts. Regarding crypto-assets, the law can be likened to the hare in the Brother Grimms’ well-known fairy tale: It struggles in vain to keep up with developers in the crypto-asset system (who represent the hedgehog in the fairy tale). With regard to projects that aim at bringing distributed ledger technology to the post-trading of traditional securities, the roles are, in our view, reversed – the law plays the role of the hedgehog that, maybe unfairly, prevents the innovators (the hare) from succeeding. Finally, as regards two important technological trends in the traditional post-trading system that we analyse in this article different relationships emerge: In one case, the law (as hedgehog) “coaches” the industry (as hare) in its quest to implement technological improvements. In the other case, the law (as hedgehog) needs to prod the industry (the hare) into relevant action.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2022-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91335599","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

Accounting Policies and Dividend Limitation: A European Comparison 会计政策与股利限制:欧洲比较

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-09-19 DOI: 10.1515/ael-2021-0041

Anne Le Manh

{"title":"Accounting Policies and Dividend Limitation: A European Comparison","authors":"Anne Le Manh","doi":"10.1515/ael-2021-0041","DOIUrl":"https://doi.org/10.1515/ael-2021-0041","url":null,"abstract":"Abstract The adoption of IFRS by the EU has raised issues about its economic consequences in terms of, among others, volatility of corporate profits, taxation of profit and distribution of dividends. Indeed, it has brought the interactions between legal rules for dividend distribution and accounting policies back into focus. The EU company and accounting regulations are based on capital maintenance rules that involve limitations on dividend distribution when certain accounting policies are implemented in individual financial statements under local GAAP. However, while a majority of member states permit IFRS for individual financial statements, the EU regulations are silent on this issue. In this article, we outline an in-depth analysis on legal dividend distribution rules interactions with accounting policies in European countries, whether local GAAP or IFRS are applied. We have selected nine cases of potential recognition of unrealised gains in individual financial statements under local GAAP and/or IFRS, some of which are already specified in the EU regulations. For each case, we have analysed the national accounting regulations and the corporate laws. Our analysis reveals that the limitations on dividend distributions recommended by the EU have been most largely implemented in the national regulations, but not in all countries. It also sheds light on potential loopholes in the current European regulation regarding unrealised gains that may be more systematically recognised under IFRS than under local GAAP: unrealised gains arising from the recognition of deferred tax assets and unrealised gains arising from benefit pensions plan. To fill these gaps in the national regulations and to harmonise the legal basis for dividend distribution better within the EU, we suggest including in the European regulation the concept of ‘realised profits’ and thus ‘distributable profits’ as a required basis for dividend distribution. It involves in the first place identifying relevant criteria that may enable disentangling realised and unrealised profits or losses.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80047624","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

Accounting Research’s “Flat Earth” Problem 会计研究的“平地球”问题

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-09-19 DOI: 10.2139/ssrn.4115822

William M. Cready

引用次数: 2

Juridical Ontologies of Production and the Ricardian Machine 生产的法律本体论与李嘉图机器

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-07-11 DOI: 10.1515/ael-2022-0018

Clair Quentin

引用次数: 0

Fair Value and Corporate Taxation: Out through the Door, Back through the Window? 公允价值与公司税:从门出去，还是从窗户回来?

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-06-23 DOI: 10.1515/ael-2021-0046

A. Martins, Cristina Sá, Daniel G. Taborda

{"title":"Fair Value and Corporate Taxation: Out through the Door, Back through the Window?","authors":"A. Martins, Cristina Sá, Daniel G. Taborda","doi":"10.1515/ael-2021-0046","DOIUrl":"https://doi.org/10.1515/ael-2021-0046","url":null,"abstract":"Abstract The progressive harmonization of corporate financial information, based on the International Financial Reporting Standards, has moved fair value accounting (FVA) to the forefront of a debate that straddles accounting and corporate tax. Given the subjectivism that FVA may exhibit, especially when mark to market is not available and mark to model is used as in level 3 FVA, tax legislators have strongly restricted its impact on the corporate tax base. This paper argues that while the Portuguese corporate tax legislators explicitly followed this worldwide trend of restricting the tax impact of fair value to certain circumstances when market prices are observable (level 1 FVA), the corporate tax code has, nonetheless, several important avenues through which FVA influences taxable income determination. The main purpose of this paper is to present and discuss some important ways through which FVA may influence taxable income determination in Portugal, such as goodwill, impairment charges, transfer pricing, capital gains and exit taxation. Thus, the question emerges: is FVA returning through the window to impact the corporate tax base? Considering the global trends in public finance, and the need for present and future tax revenues, we believe this is an important topic to be addressed.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78345145","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