The role of financial reporting properties in the German corporate governance system: three empirical essays
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| Main Author: | |
|---|---|
| Format: | Thesis Book |
| Language: | English |
| Published: |
Berlin
2016
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| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XVII, 337 Seiten Diagramme |
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| 100 | 1 | |a Hillebrand, Christa Maria |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The role of financial reporting properties in the German corporate governance system |b three empirical essays |c vorgelegt von Christa Maria Hillebrand (geb. Bauer) |
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Record in the Search Index
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| adam_text | TABLE OF CONTENTS
LIST OF ABBREVIATIONS
................................................................................
IX
LIST OF
FIGURES.........................................................................................
XIII
LIST OF
TABLES............................................................................................
XV
I.
INTRODUCTION........................................................................................1
I.
REFERENCES..........................................................................................
14
II. BANK RELATIONSHIPS AND PRIVATE FIRMS* FINANCIAL REPORTING
QUALITY................................................................................................
19
II I
INTRODUCTION......................................................................................21
11.2 RELATIONSHIP LENDING AND FINANCIAL REPORTING QUALITY
...............
28
11.3 DATA AND
METHODOLOGY......................................................................31
11.3.1 DATA SOURCES AND
DATASET.........................................................31
11.3.2 MEASURING RELATIONSHIP LENDING
............................................
34
11.3.3 MEASURING FINANCIAL REPORTING QUALITY
..................................
36
11.3.4 CONTROL
VARIABLES.....................................................................38
11.4
RESULTS.................................................................................................
40
11.4.1 DESCRIPTIVE STATISTICS AND UNIVARIATE RESULTS
..........................
40
11.4.2 NUMBER OF BANK RELATIONSHIPS AND FINANCIAL REPORTING
QUALITY: MULTIVARIATE RESULTS
..................................................
44
11.4.3 MULTIVARIATE RESULTS WITH ALTERNATIVE MEASURES OF BANK
RELATIONSHIPS............................................................................53
11.4.4 ANALYSIS WITH PUBLICLY LISTED FIRMS
.......................................
55
11.5
ENDOGENEITY........................................................................................
58
11.5.1 RELATIONSHIP LENDING AND ENDOGENEITY
...................................
58
11.5.2 THE TREATMENT EFFECT
MODEL....................................................59
11.5.3 THE TWO-STAGE HECKMAN PROCEDURE
.........................................
66
11.5.4 ACQUISITIONS OF RELATIONSHIP BANKS
.........................................
70
11.6
CONCLUSION..........................................................................................
73
11.7
REFERENCES...........................................................................................
74
11.8
APPENDIX.........................................................................................
83
III. COMPENSATION REGULATION, LONG-TERM BONUS PLAN ADOPTION,
AND EARNINGS
MANAGEMENT...............................................................89
111.1
INTRODUCTION........................................................................................
91
111.2 BACKGROUND AND HYPOTHESES DEVELOPMENT.............. 98
111.2.1 GERMAN REGULATION ON LONG-TERM COMPENSATION INCENTIVES.. 98
111.2.2 THEORETICAL BACKGROUND AND BASIC ASSUMPTIONS
..................
101
111.2.3 LITERATURE
REVIEW...................................................................
104
111.2.4 HYPOTHESES
DEVELOPMENT.......................................................108
111.3 DATA SELECTION AND
METHODOLOGY....................................................115
111.3.1 SAMPLE
SELECTION....................................................................
115
111.3.2 VARIABLE
MEASUREMENT............................................................
118
111.4 LTBP ADOPTION AND MYOPIC EARNINGS MANAGEMENT
..................
126
111.4.1 DESCRIPTIVE
STATISTICS..............................................................
126
111.4.2 MULTIVARIATE
ANALYSIS.............................................................
135
111.4.3 REGULATION
TRENDS..................................................................
146
111.4.4 DIFFICULTY OF LTBP
DESIGN.....................................................149
111.5 SENSITIVITY
ANALYSIS..........................................................................
154
III.5.1 DETERMINANTS OF LTBP
ADOPTION..........................................154
111.5.2 ENDOGENEITY OF LTBP
ADOPTION.............................................166
111.5.3 ADDITIONAL ROBUSTNESS
ANALYSIS.............................................175
111.6
CONCLUSION........................................................................................
178
111.7
REFERENCES........................................................................................
181
111.8
APPENDIX......................................................................................
195
IV. EMPLOYEE REPRESENTATION ON CORPORATE BOARDS AND
ACCOUNTING
CONSERVATISM...............................................................215
IV. 1 INTRODUCTION
.................................................................................
217
IV.2 BACKGROUND AND HYPOTHESES DEVELOPMENT
..................................
226
IV.2.1 GERMAN REGULATION ON EMPLOYEE REPRESENTATION
.................
226
IV.2.2 LITERATURE
REVIEW...................................................................229
IV.2.3 HYPOTHESES DEVELOPMENT
......................................................
234
IV.3 DATA SELECTION AND
METHODOLOGY...................................................243
IV.3.1 SAMPLE
SELECTION....................................................................243
IV.3.2 VARIABLE MEASUREMENT
..........................................................
246
IV.4 CODETERMINATION STRENGTH AND ACCOUNTING CONSERVATISM
........
253
IV.4.1 DESCRIPTIVE
STATISTICS..............................................................253
IV.4.2 MULTIVARIATE
ANALYSIS.............................................................258
IV.4.3 PROTECTION OF SPECIFIC INVESTMENTS
........................................
267
IV.4.4 BOARD CHARACTERISTICS AND CODETERMINATION STRENGTH
............
273
IV.4.5 OWNERSHIP STRUCTURE AND CODETERMINATION STRENGTH
.............
278
IV.5 SENSITIVITY
ANALYSIS..........................................................................282
IV.5.1 ALTERNATIVE MEASURES FOR ACCOUNTING CONSERVATISM
.............
282
IV.5.2 ENDOGENEITY OF CODETERMINATION STRENGTH
............................
287
IV.5.3 ADDITIONAL ROBUSTNESS ANALYSIS
............................................
293
IV.6
CONCLUSION........................................................................................294
IV.7
REFERENCES.........................................................................................
297
IV. 8
APPENDIX...................................................................................
310
IV.8A APPENDIX: CONSTRUCTION OF THE CODET STR INDEX AND
PRINCIPAL COMPONENT
ANALYSIS..........................................................314
V.
SUMMARY..........................................................................................
329
V. APPENDIX 1: SUMMARY IN GERMAN
.............................................
332
V. APPENDIX 2: PRIOR PUBLICATIONS
..................................................
337
|
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| spelling | Hillebrand, Christa Maria Verfasser aut The role of financial reporting properties in the German corporate governance system three empirical essays vorgelegt von Christa Maria Hillebrand (geb. Bauer) Berlin 2016 XVII, 337 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Dissertation Freie Universität Berlin 2016 Corporate Governance (DE-588)4419850-4 gnd rswk-swf Rechnungslegung (DE-588)4128343-0 gnd rswk-swf Deutschland (DE-588)4011882-4 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Deutschland (DE-588)4011882-4 g Rechnungslegung (DE-588)4128343-0 s Corporate Governance (DE-588)4419850-4 s DE-188 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029259658&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Hillebrand, Christa Maria The role of financial reporting properties in the German corporate governance system three empirical essays Corporate Governance (DE-588)4419850-4 gnd Rechnungslegung (DE-588)4128343-0 gnd |
| subject_GND | (DE-588)4419850-4 (DE-588)4128343-0 (DE-588)4011882-4 (DE-588)4113937-9 |
| title | The role of financial reporting properties in the German corporate governance system three empirical essays |
| title_auth | The role of financial reporting properties in the German corporate governance system three empirical essays |
| title_exact_search | The role of financial reporting properties in the German corporate governance system three empirical essays |
| title_full | The role of financial reporting properties in the German corporate governance system three empirical essays vorgelegt von Christa Maria Hillebrand (geb. Bauer) |
| title_fullStr | The role of financial reporting properties in the German corporate governance system three empirical essays vorgelegt von Christa Maria Hillebrand (geb. Bauer) |
| title_full_unstemmed | The role of financial reporting properties in the German corporate governance system three empirical essays vorgelegt von Christa Maria Hillebrand (geb. Bauer) |
| title_short | The role of financial reporting properties in the German corporate governance system |
| title_sort | the role of financial reporting properties in the german corporate governance system three empirical essays |
| title_sub | three empirical essays |
| topic | Corporate Governance (DE-588)4419850-4 gnd Rechnungslegung (DE-588)4128343-0 gnd |
| topic_facet | Corporate Governance Rechnungslegung Deutschland Hochschulschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029259658&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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