Economics and Politics of Accounting : International Perspectives on Research Trends, Policy, and Practice.

Contents -- List of Figures -- List of Tables -- List of Contributors -- Introduction and Overview -- Part I. On the Economics and Roles of Accounting -- 1 Roles of Financial Accounting: Equity Valuation -- 1.1 Accounting and Economics: What We Learn from Analytical Models in Financial Accounting and Reporting -- 1.2 Aspects of the Future in Accounting: The Use of Market Prices and "Fair Values" in Financial Reports -- 1.3 The Limitations of Financial Reporting -- 2 Roles of Financial Accounting: Performance Measurement and Corporate Governance -- 2.1 Value-Based Management and Performance Measures: Cash Flow versus Accrual Accounting -- 2.2 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 -- 3 Disclosure Regulation -- 3.1 Policy Implications from the Theory-Based Literature on Disclosure -- 3.2 Proprietary versus Nonproprietary Disclosures: Evidence from Germany -- 4 Enforcement of Accounting Standards -- 4.1 New Accounting for Goodwill: Application of American Criteria from a German Perspective -- 4.2 Compliance with German and International Accounting Standards in Germany: Evidence from Cash Flow Statements -- 4.3 Audit Regulation, Audit Quality, and Audit Research in the Post-Enron Era: An Analysis of Nonaudit Services -- Part III. On the Politics and Standard-Setting of Accounting -- 5 The Role of Accounting in Society and Constituent Lobbying -- 5.1 The Politics of Accounting: A Framework -- 5.2 Constituent Lobbying and Its Impact on the Development of Financial Reporting Regulations: Evidence from Germany -- 5.3 Drafting Accounting Law: An Analysis of Institutionalized Interest Representation -- 6 Standard-Setting Processes and International Accounting Standards.

6.1 From Accounting Directives to International Accounting Standards -- 6.2 Academics in the Accounting Policy Process: England and Germany Compared -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W.