The economics and politics of accounting : international perspectives on research, trends, policy, and practice

Preface 1. Introduction and Overview PART I: ONE THE ECONOMICS AND ROLES OF ACCOUNTING ROLES OF FINANCIAL ACCOUNTING: EQUITY VALUATION 2. Accounting and Economics: What We Learn From Analytical Models in Finanical Accounting and Reporting 3. Aspects of the Future in Accounting: The Use of Market Prices and 'Fair Values' in Financial Reports 4. The Limitations of Financial Reporting ROLES OF FIANANCIAL ACCOUNTING: PERFORMANCE MEASUREMENT AND CORPORATE GOVERNANCE 5. Value-Based Management and Performance Measures: Cash Flow Versus Accrual Accounting 6. Corporate Governance and Financial Reporting at Daimler-Benz (DaimlerChrysler) AG: From a 'Stakeholder' Toward a 'Shareholder Value' Model PART II: ON THE REGULATION AND ENFORCEMENT OF ACCOUNTING DISCLOSURE REGULATION 7. Policy Implications from the Theory-Based Literature on Disclosure 8. Proprietary Versus Non-Proprietary Disclosures: Evidence from Germany ENFORCEMENT OF ACCOUNTING STANDARDS 9. New Accounting for Goodwill: Application of American Criteria from a German Perspective 10. Compliance with German and International Accounting Standards in Germancy: Evidence from Cash Flow Statements 11. Audit Regulation, Audit Quality, and Audit Research in the Post-Enron Era: An Analysis of Non-Audit-Services PART III: ON THE POLITICS AND STANDARD SETTING OF ACCOUNTING THE ROLE OF ACCOUNTING IN SOCIETY AND CONSTITUENT LOBBYING 12. The Politics and Ontology of Accounting 13. Constituent Lobbying and its Impact on the Development of Financial Reporting Regulations: Evidence from Germany 14. Drafting Accounting Law: An Analysis of Institutionalised Interest Representations STANDARD SETTING PROCESSES AND INTERNATIONAL ACCOUNTING STANDARDS 15. From Accounting Directives to International Accounting Standards 16. Academics in the Accounting Policy Process: England and Germany Compared