Financial reporting, financial statements Books

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Book SynopsisThis book looks at the 23 million registered Small and Medium Enterprises (SMEs) that make up 98 per cent of the EU economy. Addressing the high end of SMEs in terms of new models for SME funding and financial reporting, this merged way of looking at SMEs reveals a ‘myopic’ thinking in terms of net present value and (future) cash flows generating short-termism and low risk appetite for business. This is not an accounting issue, but rather a preference toward certain financial tools. A segment of SMEs, the ones that seek new ways of funding possibilities, as well as modern technologies (MTFs listing, blockchain, ICOs, etc.) do require, even without knowing, IFRS for SMEs. This book reveals how market conditions impact the financial performance and sustainability of SMEs and also generate innovative policy interventions and financing strategies for SME integrity and efficiency. The authors frame their arguments in the context of the Capital Markets Union, looking at the Innovation Triangle, SME growth ecosystem and business models. They conclude by advocating for closing the circle of financing and financial reporting for SMEs, while considering if new financial models of financing and financial reporting are good for all the SMEs or only for some. The economy is being shaped by new models of financing and financial reporting. Read this practitioners’ view to understand the current changes and challenges.Table of Contents1. SMEs Literature Review: Perspectives of Studies -Raz van Hoinaru and Georgiana Oana StănilăPart I: Financing the European SMEs2. The Role of the State in the Innovation Triangle - Law and Policy Fostering the Optimal Regulatory, Business and Innovation Policy Environment. -Pēteris Zilgalvis3. Catalysing the SME Growth Ecosystem in the New Information Age- Luca Peyrano4. Financing SMEs in the EU -Challenges and Opportunities - Horst Heitz 5. Financing Models for SMEs in the Age of Disintermediation - Ruth Wandhöfer 6. Funding Innovation in the Era of Weak Financial Intermediation: Crowdfunding and ICOs for SMEs in the Context of the Capital Markets Union- Dimitris Psarrakis and Eva KailiPart II: Financial Reporting for the European SMEs 7. Towards Business Model Reporting for SMEs - Colin Haslam8. European SMEs: New Business Logic, New Financing Logic- Olivier Boutellis-Taft9. Financial Reporting for Small Listed Companies- Darrel Scott10. Financial Reporting by Quoted SMEs- Andrew Watchman11. IFRS for Small and Medium-Sized Entities- Jens Berger, Veronica Poole, Laurence Rivat, 12. Conclusion: Closing the Circle of Financing and Financial Reporting for SMEs. Our Formula- Raz van Hoinaru

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Book SynopsisThis dissertation investigates the influence of large family shareholders on financial decisions and the performance of listed firms in Germany. This country is especially interesting, as the German corporate governance system is considered less investor- friendly with a limited influence of shareholders on managerial decisions. Based on the incentive structure of family blockholders and their influence in corporate boards, the four studies offer a novel approach to analyzing the financial behavior of family firms. They use a hand-collected panel dataset identifying blockholders and every board position in 278 corporations. The dissertation demonstrates that the degree of family involvement in boards significantly influences working capital and earnings management as well as stock market performance and provides contributions for academia and practitioners alike.Table of ContentsThe Influence of Family Board Involvement on Working Capital Management; The Influence of Family Board Involvement on Earnings Management; Family Affairs – Corporate Governance Involvement of Families and Stock Market Returns; Sunshine after the Rain? The Stock Market Performance of Family Firms in and after Financial Crises

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Book SynopsisEinleitung.- Ökonomische Notwendigkeit eines Berichtskonzepts zur externen.-  Unternehmensberichterstattung über digitale Transformation.- Empirische Untersuchung der Anforderung potenzieller Stakeholder an eine entscheidungsnützliche externe.- Unternehmensberichterstattung über digitale Transformation.- Auslegung der Vorgaben des DRS 20 zur Konzernlageberichterstattung im Hinblick auf erwartbare Angaben zur digitalen Transformation von Unternehmen.- Empirische Untersuchung zum Status quo der externen Unternehmensberichterstattung über digitale Transformation und Würdigung vor dem Hintergrund der Anforderungen potenzieller Stakeholder.- Konzept und Anwendungshinweise zur entscheidungsnützlichen externen Unternehmensberichterstattung über digitale Transformation.- Zusammenfassung und Ausblick.

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Book SynopsisIntroduction.- Literature Review.- Methodology.- Empirical Analysis.- Analysis of the Expert Interviews.

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Book SynopsisEinleitung.- Vorstellung der niederösterreichischen Industrieland-schaft.- Theorieteil.- Empirischer Teil: Qualitative Analyse.- Fazit und Ausblick.- Sustainable Development Goals (SDGs).- Glossar.- Literaturverzeichnis.

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Book SynopsisIntroduction.- Reasoning of Included Theories.- Organizational Legitimacy - ItsFoundations and Current Impact.- Stakeholder Theory - Shaping Organizational Legitimacy.- Public Value Theory - MeasuringOrganizational Legitimacy.- Summary Theoretical Findings.- Sustainability and Materiality - ItsOrganizational Implications and Disclosure.- Research Gaps.- Research Questions.-  Data Sample.- Limitations of the Research in Focus.- Empirical Analysis.- References.

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Book SynopsisEinleitung.- Staatliche Fachhochschulen in Deutschland und Österreich.- Nachhaltigkeitsberichterstattung im Hochschulkontext.- Empirischer Teil.- Schlussfolgerungen und Implikationen.- Conclusio.

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Book SynopsisThe challenges posed by the non-liquidity and non-diversity of the Islamic debts market make the market an inefficient tool on contributing to Muslim economic growth. Islamic scholars and experts created sukuk as an Islamic debt instrument to avoid riba (usury), but the sukuk market (especially in the Gulf) still struggles with the prohibition of the trade of debt due to the prohibition of the two Fiqh Academies. Trading and securitizing debts should be permitted in Islamic law, with one condition, that the debt should be considered low risk. This new rule, the permissibility of trading debts, is supported by three Islamic legal bases, istishab, qiyas, and maslaha, which are recognized by all four Islamic schools of legal thought. Furthermore, permitting the trading of debts is more consistent with the principles and theories of Islamic law than is forbidding it. It is consistent with the obligations theory that debt is a personal right. It is consistent with the mal (property) theory that debt may be sold according to the three Islamic schools of legal thought, all of which consider debt as property. It is consistent with other modern Islamic financial transactions that are permitted by the two Fiqh Academies, such as tawarruq and murabaha.

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