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Management controls as creative resources in the co-creation of new products

How do Management Controls (MCs) mediate and stimulate creative co-creation processes like new product development (NPD)?   We address this question in our paper entitled “The Role of Management Controls in New Product Development: Codifying a Collective Source of Creativity” which has recently been published in European Accounting Review.   Drawing on a field study of a German manufacturer undergoing a tremendous restructuring of its NPD process and adopting a knowledge codification perspective, we demonstrate…
ARC Commitee
ARC Commitee
2 min read
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541

How Do Non-Performing Loans Evolve along the Economic Cycle? The Role of Macroeconomic Conditions and Legal Efficiency

  In many countries, the recent crises like the COVID-19 pandemic or the war in the Ukraine also led to an increase in the level of insolvency risk. In such a situation, regulators and policymakers are most concerned about the build-up of non-performing loans (NPLs) and the resilience of bank balance sheets – many historical examples show that excessive levels of NPLs can seriously endanger financial stability (e.g., in Japan, Italy, Mexico, or Asia). Our…
ARC Commitee
ARC Commitee
4 min read
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461

Corporate Capers, Group Accounting Reforms

Graeme Dean, Professor Emeritus, University of Sydney Business School This is the third blog entry discussing the ideas of Professor Ray Chambers and other members of the University of Sydney’s School of Accounting (see earlier blogs by Graeme Dean: 28 January 2019, Accounting Thought and Practice Reforms: Ray Chambers’ Odyssey – with over 36,600 downloads and 29 March 2021, ‘Accounting Theory and Standard-Setting – Antecedents of Fair Value Accounting?’ – with over 5,500 downloads). “Corporate…
Graeme Dean
Graeme Dean
9 min read
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732

EAA SRC “: In Conversation with the Harvard Business School Impact-Weighted Accounts Project”

Katie Panella, Project Manager, Impact-Weighted Accounts at Harvard Business School Dr. Ethan Rouen, Assistant Professor of Business Administration, HBS Dr. Elizabeth Demers, Professor of Accounting, University of Waterloo The mission of the Impact-Weighted Accounts Project is to drive the creation of financial accounts that reflect a company’s financial, social, and environmental performance. Their ambition is to create accounting statements that transparently capture external impacts in a way that drives investor and managerial decision making. The…
BAHA DIYAROV
BAHA DIYAROV
< 1 min read
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489

A counter account of the EAA Congress Gala Dinner’s keynote

“Our house is on fire”. Three years have passed since these famous Greta Thunberg&#8217;s words at the World Economic Forum and at the European Parliament. Countless global strikes, manifestations and discussions have taken place since then. We are also witnessing a growing interest in social and environmental reporting/disclosure, including from regulators and policymakers. However, we are still celebrating oil companies, their activities, and their investment strategies. The recent keynote at the 2022 EAA Congress gala…
Alessandro Ghio
Alessandro Ghio
3 min read
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648

Call for Nominations – EAA Newsletter Editors

The European Accounting Association (EAA) is very proud of the EAA Newsletter that is distributed to members of the Association on a quarterly basis, and which is also publicly available on the EAA website. The term of the current EAA Newsletter Editors, Christoph Endenich and Marco Fasan, ends in December 2022. The new Editors will be expected to start overseeing the preparation and publication of the EAA Newsletter from the first issue of 2023. The appointment is for a four-year non-renewable term, starting in…
BAHA DIYAROV
BAHA DIYAROV
3 min read
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479

Auditors’ Incentives and Audit Quality: Non-audit Services versus Contingent Audit Fees

This blog has been written by Lucas Mahieux about his recently accepted paper &#8220;Auditors&#8217; Incentives and Audit Quality: Non-audit Services versus Contingent Audit Fees&#8221;. &nbsp; What are the incentive effects of the provision of non-audit services (NAS) on auditors? This important policy question is of concern to regulators given the debate that has been raging for years on whether audit firms should provide NAS to audit clients. This debate is often reduced to a simple…
ARC Commitee
ARC Commitee
5 min read
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437

Going Concern Trends in Eastern Europe

Over the last decade, companies headquartered in Eastern Europe had a going concern rate of 7.2%. Both the Eastern and Southern European regions have higher rates of going concern compared to the Northern and Western regions. In fiscal year 2020, companies in Eastern Europe had an average going concern rate of 6.8%. In this analysis, Eastern European countries consist of the following: Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, and Slovakia. It is important to note, many Eastern European countries have…
Audit Analytics
Audit Analytics
3 min read
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331

Going Concern Trends in Southern Europe

Southern European countries have some of the highest rates of going concern opinions in all of Europe. Four countries had going concern rates over 10% during fiscal year 2020. On average, Southern European countries had a going concern rate of 8.8%. In this analysis, Southern European countries consist of the following. Bulgaria Croatia Cyprus Greece Italy Malta Portugal Romania Slovenia Spain The southeastern European countries have seen a decline in going concern rates during the…
Audit Analytics
Audit Analytics
2 min read
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328

Going Concern Trends in Western Europe

This analysis was originally posted by Audit Analytics. Public companies headquartered in Western European countries collectively reached their highest rate of going concern opinions (GCOs) during fiscal year (FY) 2019, before falling during FY2020. Western Europe is made up of eight countries: Austria, Belgium, France, Germany, Liechtenstein, Luxembourg, the Netherlands, and Switzerland. Each country saw its own unique trends for GCOs. However, most saw high rates of GCOs during FY2019. The rate of GCOs in Western…
Audit Analytics
Audit Analytics
3 min read
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