[{"date_updated":"2024-05-21T11:10:24Z","has_accepted_license":"1","status":"public","title":"Current developments in the European corporate bond market","year":"2022","author":[{"first_name":"Benedikt","last_name":"Franke","full_name":"Franke, Benedikt"},{"full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska","id":"54068"},{"last_name":"Stoczek","first_name":"Pia","full_name":"Stoczek, Pia"}],"user_id":"15866","ddc":["330"],"language":[{"iso":"eng"}],"_id":"37131","abstract":[{"text":"This paper introduces a novel database on the European corporate bond market to analyze the role of transparency regulation and recent developments in bond markets. We use data from the European Securities and Markets Authority (ESMA) to build a comprehensive database covering daily corporate bond listing information in Europe starting in 2018. We then analyze the different market segments of the European bond market along four key areas: (i) time and cross-sectional trends in bond listings; (ii) composition of firms on the market; (iii) firms’ financial reporting transparency; (iv) bond contract terms. Furthermore, we discuss the impact of recent economic events on these key areas.","lang":"eng"}],"file_date_updated":"2024-05-21T10:45:24Z","citation":{"apa":"Franke, B., Kosi, U., &#38; Stoczek, P. (2022). <i>Current developments in the European corporate bond market</i>.","ieee":"B. Franke, U. Kosi, and P. Stoczek, <i>Current developments in the European corporate bond market</i>. 2022.","short":"B. Franke, U. Kosi, P. Stoczek, Current Developments in the European Corporate Bond Market, 2022.","chicago":"Franke, Benedikt, Urska Kosi, and Pia Stoczek. <i>Current Developments in the European Corporate Bond Market</i>, 2022.","mla":"Franke, Benedikt, et al. <i>Current Developments in the European Corporate Bond Market</i>. 2022.","ama":"Franke B, Kosi U, Stoczek P. <i>Current Developments in the European Corporate Bond Market</i>.; 2022.","bibtex":"@book{Franke_Kosi_Stoczek_2022, title={Current developments in the European corporate bond market}, author={Franke, Benedikt and Kosi, Urska and Stoczek, Pia}, year={2022} }"},"type":"working_paper","keyword":["Transparency regulation","Corporate bond","European market"],"department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"file":[{"date_created":"2024-05-21T10:45:24Z","creator":"ast","file_id":"54377","success":1,"content_type":"application/pdf","relation":"main_file","date_updated":"2024-05-21T10:45:24Z","file_name":"Franke_Kosi_Stoczek.pdf","file_size":1426835,"access_level":"closed"}],"date_created":"2023-01-17T14:27:46Z"},{"author":[{"last_name":"Gulenko","first_name":"Maryna","full_name":"Gulenko, Maryna","id":"64226"},{"full_name":"Kohlhase, Saskia","first_name":"Saskia","last_name":"Kohlhase"},{"id":"54068","first_name":"Urska","orcid":"0009-0009-2545-5929","last_name":"Kosi","full_name":"Kosi, Urska"}],"year":"2022","status":"public","title":"CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-publicly Listed Firms","date_updated":"2026-06-15T09:42:09Z","_id":"37088","language":[{"iso":"eng"}],"main_file_link":[{"url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4040946"}],"doi":"10.2139/ssrn.4040946","user_id":"54068","citation":{"mla":"Gulenko, Maryna, et al. <i>CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-Publicly Listed Firms</i>. 2022, doi:<a href=\"https://doi.org/10.2139/ssrn.4040946\">10.2139/ssrn.4040946</a>.","ama":"Gulenko M, Kohlhase S, Kosi U. <i>CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-Publicly Listed Firms</i>.; 2022. doi:<a href=\"https://doi.org/10.2139/ssrn.4040946\">10.2139/ssrn.4040946</a>","bibtex":"@book{Gulenko_Kohlhase_Kosi_2022, title={CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-publicly Listed Firms}, DOI={<a href=\"https://doi.org/10.2139/ssrn.4040946\">10.2139/ssrn.4040946</a>}, author={Gulenko, Maryna and Kohlhase, Saskia and Kosi, Urska}, year={2022} }","apa":"Gulenko, M., Kohlhase, S., &#38; Kosi, U. (2022). <i>CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-publicly Listed Firms</i>. <a href=\"https://doi.org/10.2139/ssrn.4040946\">https://doi.org/10.2139/ssrn.4040946</a>","ieee":"M. Gulenko, S. Kohlhase, and U. Kosi, <i>CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-publicly Listed Firms</i>. 2022.","chicago":"Gulenko, Maryna, Saskia Kohlhase, and Urska Kosi. <i>CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-Publicly Listed Firms</i>, 2022. <a href=\"https://doi.org/10.2139/ssrn.4040946\">https://doi.org/10.2139/ssrn.4040946</a>.","short":"M. Gulenko, S. Kohlhase, U. Kosi, CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-Publicly Listed Firms, 2022."},"abstract":[{"text":"We examine variation in mandatory CSR reporting practices based on a large sample of non-publicly listed savings banks in Germany. They do not have typical shareholders but rather are established by municipal trustees and can serve clients only in their distinct operating area. This setting permits us to identify demand for CSR information by their main stakeholder groups – municipal trustees and private and corporate clients. In this way, our analysis focuses on the double-materiality approach to CSR reporting. We find that demand for CSR information by supervisory board chairperson belonging to a left-wing or green party and the presence of more supervisory board members belonging to a left-wing or green party are associated with longer CSR reports and more disclosure on environmental, social, employee and human rights matters. In addition, competition for private clients and the sustainability orientation of corporate clients are associated with longer reports and more disclosure on environmental, employee and human rights matters. These findings suggest that savings banks’ CSR reports cater to their principal stakeholders’ demand for CSR information.","lang":"eng"}],"date_created":"2023-01-17T12:40:09Z","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"keyword":["Corporate social responsibility","Mandatory reporting","Non-publicly listed banks","Double materiality","Stakeholder groups","Political influence"],"type":"working_paper"},{"language":[{"iso":"eng"}],"main_file_link":[{"open_access":"1","url":"https://wiwi.uni-paderborn.de/fileadmin-wiwi/dep2ls4/ahlers_etal.pdf"}],"publication_status":"published","date_updated":"2026-06-29T09:42:41Z","author":[{"last_name":"Ahlers","first_name":"Theresa","full_name":"Ahlers, Theresa"},{"first_name":"Fikir Worku","last_name":"Edossa","full_name":"Edossa, Fikir Worku"},{"full_name":"Kosi, Urska","first_name":"Urska","orcid":"0009-0009-2545-5929","last_name":"Kosi","id":"54068"},{"full_name":"Uckert, Mathias","last_name":"Uckert","first_name":"Mathias"}],"year":"2022","title":"Insolvency Process in Germany and the insol database: A Research Note","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"type":"working_paper","keyword":["insol database","insolvency process","Germany","court fillings"],"date_created":"2023-01-17T12:50:09Z","file":[{"file_name":"ahlers_etal.pdf","access_level":"closed","file_size":760825,"relation":"main_file","date_updated":"2024-05-21T11:06:28Z","file_id":"54378","success":1,"content_type":"application/pdf","creator":"ast","date_created":"2024-05-21T11:06:28Z"}],"abstract":[{"lang":"eng","text":"This research note links the legal framework of the insolvency process of German firms to the information available in the newly-constructed insol database. In particular, the database contains information from documents published by German insolvency courts in period 2005- 2022. This research note first presents the insolvency process with steps and events of the process as determined by the Insolvency Law (InsO). Next, it classifies the documents to specific steps and events, and then presents their information content using textual analysis. Specifically, we identify target phrases via manual document checks and then create regular expressions for the target phrases. Classification of documents allows us to sketch most common paths that insolvent firms go through."}],"user_id":"95496","ddc":["330"],"publisher":"TRR 266 Accounting for Transparency","_id":"37089","has_accepted_license":"1","status":"public","oa":"1","citation":{"mla":"Ahlers, Theresa, et al. <i>Insolvency Process in Germany and the Insol Database: A Research Note</i>. TRR 266 Accounting for Transparency, 2022.","bibtex":"@book{Ahlers_Edossa_Kosi_Uckert_2022, title={Insolvency Process in Germany and the insol database: A Research Note}, publisher={TRR 266 Accounting for Transparency}, author={Ahlers, Theresa and Edossa, Fikir Worku and Kosi, Urska and Uckert, Mathias}, year={2022} }","ama":"Ahlers T, Edossa FW, Kosi U, Uckert M. <i>Insolvency Process in Germany and the Insol Database: A Research Note</i>. TRR 266 Accounting for Transparency; 2022.","ieee":"T. Ahlers, F. W. Edossa, U. Kosi, and M. Uckert, <i>Insolvency Process in Germany and the insol database: A Research Note</i>. TRR 266 Accounting for Transparency, 2022.","apa":"Ahlers, T., Edossa, F. W., Kosi, U., &#38; Uckert, M. (2022). <i>Insolvency Process in Germany and the insol database: A Research Note</i>. TRR 266 Accounting for Transparency.","chicago":"Ahlers, Theresa, Fikir Worku Edossa, Urska Kosi, and Mathias Uckert. <i>Insolvency Process in Germany and the Insol Database: A Research Note</i>. TRR 266 Accounting for Transparency, 2022.","short":"T. Ahlers, F.W. Edossa, U. Kosi, M. Uckert, Insolvency Process in Germany and the Insol Database: A Research Note, TRR 266 Accounting for Transparency, 2022."},"file_date_updated":"2024-05-21T11:06:28Z"},{"date_updated":"2026-06-29T09:51:50Z","title":"Does private firms’ disclosure affect public peers’ information environment?","year":"2022","status":"public","author":[{"full_name":"Beyer, Bianca","last_name":"Beyer","first_name":"Bianca"},{"id":"8084","first_name":"Vanessa","last_name":"Flagmeier","full_name":"Flagmeier, Vanessa"},{"full_name":"Kosi, Urska","last_name":"Kosi","orcid":"0009-0009-2545-5929","first_name":"Urska","id":"54068"}],"user_id":"95496","language":[{"iso":"eng"}],"_id":"37070","publisher":"TRR 266 Accounting for Transparency","citation":{"mla":"Beyer, Bianca, et al. <i>Does Private Firms’ Disclosure Affect Public Peers’ Information Environment?</i> TRR 266 Accounting for Transparency, 2022.","bibtex":"@book{Beyer_Flagmeier_Kosi_2022, title={Does private firms’ disclosure affect public peers’ information environment?}, publisher={TRR 266 Accounting for Transparency}, author={Beyer, Bianca and Flagmeier, Vanessa and Kosi, Urska}, year={2022} }","ama":"Beyer B, Flagmeier V, Kosi U. <i>Does Private Firms’ Disclosure Affect Public Peers’ Information Environment?</i> TRR 266 Accounting for Transparency; 2022.","ieee":"B. Beyer, V. Flagmeier, and U. Kosi, <i>Does private firms’ disclosure affect public peers’ information environment?</i> TRR 266 Accounting for Transparency, 2022.","apa":"Beyer, B., Flagmeier, V., &#38; Kosi, U. (2022). <i>Does private firms’ disclosure affect public peers’ information environment?</i> TRR 266 Accounting for Transparency.","chicago":"Beyer, Bianca, Vanessa Flagmeier, and Urska Kosi. <i>Does Private Firms’ Disclosure Affect Public Peers’ Information Environment?</i> TRR 266 Accounting for Transparency, 2022.","short":"B. Beyer, V. Flagmeier, U. Kosi, Does Private Firms’ Disclosure Affect Public Peers’ Information Environment?, TRR 266 Accounting for Transparency, 2022."},"type":"working_paper","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"date_created":"2023-01-17T12:24:02Z"},{"date_created":"2018-07-11T08:57:03Z","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"keyword":["private firms","accounting quality","development of accounting standards","IFRS-like standards","Slovenia"],"type":"journal_article","issue":"3","publication":"Accounting in Europe","abstract":[{"text":"We study the historical development of Slovenian Accounting Standards (SAS) and their association with accounting quality (AQ). We focus on private firms where the financial reporting process is characterised by low demand for high-quality reporting. We investigate three distinct editions of SAS since 1994 and test how their development towards international standards is related to AQ. Aggregate earnings management measures indicate that the use of accounting discretion decreases with less earnings smoothing over time. The main features of AQ have been consistent throughout historical development. Asymmetric timeliness of earnings, the ability of earnings to predict future cash flows, and the ability of accruals to mitigate mismatching are all present throughout. We also document typical departures from properties of high AQ. For example, accruals do not (always) facilitate timely recognition of losses. However, these can be attributed to the overwhelming influence of reporting incentives (e.g. taxation, debt, size) rather than to the (lower) quality of accounting standards.\r\n\r\n\r\n     \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\n Full Article  \r\n  Figures & data  \r\n References \r\n  Citations  \r\n \r\n Metrics \r\n  Reprints & Permissions \r\n  PDF \r\n \r\n \r\n\r\n\r\n\r\n\r\nAbstract\r\n\r\n\r\nWe study the historical development of Slovenian Accounting Standards (SAS) and their association with accounting quality (AQ). We focus on private firms where the financial reporting process is characterised by low demand for high-quality reporting. We investigate three distinct editions of SAS since 1994 and test how their development towards international standards is related to AQ. Aggregate earnings management measures indicate that the use of accounting discretion decreases with less earnings smoothing over time. The main features of AQ have been consistent throughout historical development. Asymmetric timeliness of earnings, the ability of earnings to predict future cash flows, and the ability of accruals to mitigate mismatching are all present throughout. We also document typical departures from properties of high AQ. For example, accruals do not (always) facilitate timely recognition of losses. However, these can be attributed to the overwhelming influence of reporting incentives (e.g. taxation, debt, size) rather than to the (lower) quality of accounting standards.","lang":"eng"}],"language":[{"iso":"eng"}],"doi":"10.1080/17449480.2017.1378821","author":[{"full_name":"Valentincic, Aljosa","last_name":"Valentincic","first_name":"Aljosa"},{"first_name":"Ales","last_name":"Novak","full_name":"Novak, Ales"},{"full_name":"Kosi, Urska","first_name":"Urska","last_name":"Kosi","id":"54068"}],"year":"2017","title":"Accounting quality in private firms during the transition towards international standards","intvolume":"        14","date_updated":"2023-01-24T15:34:31Z","publication_status":"published","citation":{"chicago":"Valentincic, Aljosa, Ales Novak, and Urska Kosi. “Accounting Quality in Private Firms during the Transition towards International Standards.” <i>Accounting in Europe</i> 14, no. 3 (2017): 358–87. <a href=\"https://doi.org/10.1080/17449480.2017.1378821\">https://doi.org/10.1080/17449480.2017.1378821</a>.","short":"A. Valentincic, A. Novak, U. Kosi, Accounting in Europe 14 (2017) 358–387.","apa":"Valentincic, A., Novak, A., &#38; Kosi, U. (2017). Accounting quality in private firms during the transition towards international standards. <i>Accounting in Europe</i>, <i>14</i>(3), 358–387. <a href=\"https://doi.org/10.1080/17449480.2017.1378821\">https://doi.org/10.1080/17449480.2017.1378821</a>","ieee":"A. Valentincic, A. Novak, and U. Kosi, “Accounting quality in private firms during the transition towards international standards,” <i>Accounting in Europe</i>, vol. 14, no. 3, pp. 358–387, 2017, doi: <a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>.","ama":"Valentincic A, Novak A, Kosi U. Accounting quality in private firms during the transition towards international standards. <i>Accounting in Europe</i>. 2017;14(3):358-387. doi:<a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>","bibtex":"@article{Valentincic_Novak_Kosi_2017, title={Accounting quality in private firms during the transition towards international standards}, volume={14}, DOI={<a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>}, number={3}, journal={Accounting in Europe}, author={Valentincic, Aljosa and Novak, Ales and Kosi, Urska}, year={2017}, pages={358–387} }","mla":"Valentincic, Aljosa, et al. “Accounting Quality in Private Firms during the Transition towards International Standards.” <i>Accounting in Europe</i>, vol. 14, no. 3, 2017, pp. 358–87, doi:<a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>."},"_id":"3542","page":"358-387","volume":14,"user_id":"54068","jel":["M41","C23","L21","P20"],"status":"public"},{"citation":{"ieee":"A. Florou, U. Kosi, and P. F. Pope, “Are international accounting standards more credit relevant than domestic standards?,” <i>Accounting and Business Research</i>, vol. 47, no. 1, pp. 1–29, 2016, doi: <a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>.","apa":"Florou, A., Kosi, U., &#38; Pope, P. F. (2016). Are international accounting standards more credit relevant than domestic standards? <i>Accounting and Business Research</i>, <i>47</i>(1), 1–29. <a href=\"https://doi.org/10.1080/00014788.2016.1224968\">https://doi.org/10.1080/00014788.2016.1224968</a>","chicago":"Florou, Annita, Urska Kosi, and Peter F Pope. “Are International Accounting Standards More Credit Relevant than Domestic Standards?” <i>Accounting and Business Research</i> 47, no. 1 (2016): 1–29. <a href=\"https://doi.org/10.1080/00014788.2016.1224968\">https://doi.org/10.1080/00014788.2016.1224968</a>.","short":"A. Florou, U. Kosi, P.F. Pope, Accounting and Business Research 47 (2016) 1–29.","mla":"Florou, Annita, et al. “Are International Accounting Standards More Credit Relevant than Domestic Standards?” <i>Accounting and Business Research</i>, vol. 47, no. 1, 2016, pp. 1–29, doi:<a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>.","bibtex":"@article{Florou_Kosi_Pope_2016, title={Are international accounting standards more credit relevant than domestic standards?}, volume={47}, DOI={<a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>}, number={1}, journal={Accounting and Business Research}, author={Florou, Annita and Kosi, Urska and Pope, Peter F}, year={2016}, pages={1–29} }","ama":"Florou A, Kosi U, Pope PF. Are international accounting standards more credit relevant than domestic standards? <i>Accounting and Business Research</i>. 2016;47(1):1-29. doi:<a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>"},"_id":"4034","page":"1-29","volume":47,"user_id":"54068","jel":["G15","G33","K20","M41","M48"],"status":"public","date_created":"2018-08-22T07:16:25Z","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"type":"journal_article","keyword":["IFRS","debt markets","credit ratings","credit relevance"],"publication":"Accounting and Business Research","issue":"1","abstract":[{"text":"We examine whether the credit relevance of financial statements, defined as the ability of accounting numbers to explain credit ratings, is higher after firms are required to report under International Financial Reporting Standards (IFRS). We find an improvement in credit relevance for firms in 17 countries after mandatory IFRS reporting is introduced in 2005; this increase is higher than that reported for a matched sample of US firms. The increase in credit relevance is particularly pronounced for higher risk speculative-grade issuers, where accounting information is predicted to be more important; and for IFRS adopters with large first-time reconciliations, where the impact of IFRS is expected to be greater. These tests provide reassurance that the overall enhancement in estimated credit relevance is driven by accounting changes related to IFRS adoption. Our results suggest that credit rating analysts’ views of economic fundamentals are more closely aligned with IFRS numbers, and that analysts anticipate at least some of the effects of the IFRS transition.","lang":"eng"}],"language":[{"iso":"eng"}],"doi":"10.1080/00014788.2016.1224968","author":[{"last_name":"Florou","first_name":"Annita","full_name":"Florou, Annita"},{"id":"54068","first_name":"Urska","last_name":"Kosi","full_name":"Kosi, Urska"},{"first_name":"Peter F","last_name":"Pope","full_name":"Pope, Peter F"}],"year":"2016","title":"Are international accounting standards more credit relevant than domestic standards?","intvolume":"        47","date_updated":"2023-01-18T13:41:47Z","publication_status":"published"},{"citation":{"bibtex":"@inproceedings{Valentincic_Novak_Kosi_2016, title={Accounting quality in private firms during the transition to international standards}, author={Valentincic, Aljosa and Novak, Ales and Kosi, Urska}, year={2016} }","ama":"Valentincic A, Novak A, Kosi U. Accounting quality in private firms during the transition to international standards. In: ; 2016.","mla":"Valentincic, Aljosa, et al. <i>Accounting Quality in Private Firms during the Transition to International Standards</i>. 2016.","short":"A. Valentincic, A. Novak, U. Kosi, in: 2016.","chicago":"Valentincic, Aljosa, Ales Novak, and Urska Kosi. “Accounting Quality in Private Firms during the Transition to International Standards,” 2016.","ieee":"A. Valentincic, A. Novak, and U. Kosi, “Accounting quality in private firms during the transition to international standards,” presented at the 7th Workshop on Accounting and Regulation, Siena, Italy, 2016.","apa":"Valentincic, A., Novak, A., &#38; Kosi, U. (2016). <i>Accounting quality in private firms during the transition to international standards</i>. 7th Workshop on Accounting and Regulation, Siena, Italy."},"date_created":"2023-01-17T13:04:16Z","type":"conference","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"year":"2016","title":"Accounting quality in private firms during the transition to international standards","status":"public","conference":{"end_date":"2016-07-09","location":"Siena, Italy","start_date":"2016-07-07","name":"7th Workshop on Accounting and Regulation"},"author":[{"last_name":"Valentincic","first_name":"Aljosa","full_name":"Valentincic, Aljosa"},{"full_name":"Novak, Ales","last_name":"Novak","first_name":"Ales"},{"id":"54068","full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska"}],"date_updated":"2023-01-18T14:02:03Z","language":[{"iso":"eng"}],"_id":"37098","user_id":"88603"},{"page":"1407-1456","_id":"4035","user_id":"54068","volume":20,"status":"public","jel":["G15","K22","M41","M48"],"citation":{"ama":"Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing? <i>Review of Accounting Studies</i>. 2015;20(4):1407-1456. doi:<a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>","bibtex":"@article{Florou_Kosi_2015, title={Does mandatory IFRS adoption facilitate debt financing?}, volume={20}, DOI={<a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>}, number={4}, journal={Review of Accounting Studies}, author={Florou, Annita and Kosi, Urska}, year={2015}, pages={1407–1456} }","mla":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing?” <i>Review of Accounting Studies</i>, vol. 20, no. 4, 2015, pp. 1407–56, doi:<a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>.","short":"A. Florou, U. Kosi, Review of Accounting Studies 20 (2015) 1407–1456.","chicago":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing?” <i>Review of Accounting Studies</i> 20, no. 4 (2015): 1407–56. <a href=\"https://doi.org/10.1007/s11142-015-9325-z\">https://doi.org/10.1007/s11142-015-9325-z</a>.","apa":"Florou, A., &#38; Kosi, U. (2015). Does mandatory IFRS adoption facilitate debt financing? <i>Review of Accounting Studies</i>, <i>20</i>(4), 1407–1456. <a href=\"https://doi.org/10.1007/s11142-015-9325-z\">https://doi.org/10.1007/s11142-015-9325-z</a>","ieee":"A. Florou and U. Kosi, “Does mandatory IFRS adoption facilitate debt financing?,” <i>Review of Accounting Studies</i>, vol. 20, no. 4, pp. 1407–1456, 2015, doi: <a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>."},"language":[{"iso":"eng"}],"doi":"10.1007/s11142-015-9325-z","year":"2015","title":"Does mandatory IFRS adoption facilitate debt financing?","publication_identifier":{"eissn":["1573-7136"]},"author":[{"first_name":"Annita","last_name":"Florou","full_name":"Florou, Annita"},{"last_name":"Kosi","first_name":"Urska","orcid":"0009-0009-2545-5929","full_name":"Kosi, Urska","id":"54068"}],"date_updated":"2026-06-15T09:39:29Z","publication_status":"published","intvolume":"        20","date_created":"2018-08-22T07:47:41Z","type":"journal_article","keyword":["Accounting regulation","IFRS","Accounting quality","Public and private debt markets","Cost of debt"],"department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"publication":"Review of Accounting Studies","issue":"4","abstract":[{"text":"We examine whether the mandated introduction of International Financial Reporting Standards (IFRS) is associated with the propensity to access the public rather than private debt market and the cost of debt. We use a global sample of public bonds and private loans and find that mandatory IFRS adopters are more likely, post-IFRS, to issue bonds than to borrow privately. We also find that mandatory IFRS adopters pay lower bond yield spreads, but not lower loan spreads, after the mandate. These findings are consistent with debt providers responding positively to financial reporting of higher quality and comparability, but only when there is a greater reliance on publicly available financial statements than private communication. Lastly, we document that the observed debt market benefits are concentrated in countries with larger differences between domestic GAAP and IFRS and are present even for EU countries that did not experience concurrent financial reporting enforcement or other institutional reforms. Overall, our study documents positive economic consequences around the mandated IFRS adoption for corporate debt financing and, in particular, for bond financing.","lang":"eng"}],"extern":"1"},{"citation":{"ieee":"A. Florou and U. Kosi, “Does mandatory IFRS adoption facilitate debt financing? ,” presented at the DART Research Seminar, Graz, Austria, 2014.","apa":"Florou, A., &#38; Kosi, U. (2014). <i>Does mandatory IFRS adoption facilitate debt financing? </i>. DART Research Seminar, Graz, Austria.","short":"A. Florou, U. Kosi, in: 2014.","chicago":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing? ,” 2014.","mla":"Florou, Annita, and Urska Kosi. <i>Does Mandatory IFRS Adoption Facilitate Debt Financing? </i>. 2014.","bibtex":"@inproceedings{Florou_Kosi_2014, title={Does mandatory IFRS adoption facilitate debt financing? }, author={Florou, Annita and Kosi, Urska}, year={2014} }","ama":"Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing? . In: ; 2014."},"extern":"1","date_created":"2023-01-17T13:20:21Z","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"type":"conference","author":[{"full_name":"Florou, Annita","first_name":"Annita","last_name":"Florou"},{"id":"54068","first_name":"Urska","last_name":"Kosi","full_name":"Kosi, Urska"}],"conference":{"location":"Graz, Austria","name":"DART Research Seminar","start_date":"2014-03-03"},"status":"public","year":"2014","title":"Does mandatory IFRS adoption facilitate debt financing? ","date_updated":"2023-01-17T13:36:58Z","language":[{"iso":"eng"}],"_id":"37107","user_id":"88603"},{"issue":"1","publication":"Accounting in Europe","extern":"1","abstract":[{"text":"This study examines the determinants of financial firms' lobbying behaviour in the replacement process of International Financial Reporting Standard 4 (IFRS 4) Insurance Contracts. Based on comment letters in response to International Accounting Standards Board's (IASB) Exposure Draft 2010/8, we investigate firms' lobbying decisions and their long-term lobbying intensity. Using an international sample of publicly listed financial firms, we show that insurance companies and financially constrained IFRS firms are more likely to lobby the IASB. We also examine the long-term lobbying activity in the IFRS 4 replacement process during the years 2007–2010. We find that insurance companies and firms with dispersed ownership lobby more. Our results are stronger for IFRS firms compared to US generally accepted accounting principles users. Overall, we document intense lobbying by financial firms and present results that are largely consistent with economic consequences of anticipated accounting changes being the main driver of firms' lobbying behaviour. These results are in line with prior findings for non-financial firms.","lang":"eng"}],"date_created":"2018-08-22T07:55:49Z","keyword":["standard setting","IASB","corporate lobbying","financial firms","IFRS 4"],"type":"journal_article","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"title":"Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process","year":"2014","author":[{"full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska","id":"54068"},{"first_name":"Antonia","last_name":"Reither","full_name":"Reither, Antonia"}],"publication_status":"published","date_updated":"2023-01-24T15:33:00Z","intvolume":"        11","language":[{"iso":"eng"}],"doi":"10.1080/17449480.2014.897459","citation":{"mla":"Kosi, Urska, and Antonia Reither. “Determinants of Corporate Participation in the IFRS 4 (Insurance Contracts) Replacement Process.” <i>Accounting in Europe</i>, vol. 11, no. 1, 2014, pp. 89–112, doi:<a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>.","bibtex":"@article{Kosi_Reither_2014, title={Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process}, volume={11}, DOI={<a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>}, number={1}, journal={Accounting in Europe}, author={Kosi, Urska and Reither, Antonia}, year={2014}, pages={89–112} }","ama":"Kosi U, Reither A. Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process. <i>Accounting in Europe</i>. 2014;11(1):89-112. doi:<a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>","ieee":"U. Kosi and A. Reither, “Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process,” <i>Accounting in Europe</i>, vol. 11, no. 1, pp. 89–112, 2014, doi: <a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>.","apa":"Kosi, U., &#38; Reither, A. (2014). Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process. <i>Accounting in Europe</i>, <i>11</i>(1), 89–112. <a href=\"https://doi.org/10.1080/17449480.2014.897459\">https://doi.org/10.1080/17449480.2014.897459</a>","short":"U. Kosi, A. Reither, Accounting in Europe 11 (2014) 89–112.","chicago":"Kosi, Urska, and Antonia Reither. “Determinants of Corporate Participation in the IFRS 4 (Insurance Contracts) Replacement Process.” <i>Accounting in Europe</i> 11, no. 1 (2014): 89–112. <a href=\"https://doi.org/10.1080/17449480.2014.897459\">https://doi.org/10.1080/17449480.2014.897459</a>."},"status":"public","jel":["D72","M41","M48"],"page":"89-112","_id":"4037","user_id":"54068","volume":11},{"citation":{"ieee":"J. Koren, U. Kosi, and A. Valentincic, <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i> 2014.","apa":"Koren, J., Kosi, U., &#38; Valentincic, A. (2014). <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i> <a href=\"https://doi.org/10.2139/ssrn.2373987\">https://doi.org/10.2139/ssrn.2373987</a>","short":"J. Koren, U. Kosi, A. Valentincic, Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?, 2014.","chicago":"Koren, Jernej, Urska Kosi, and Aljosa Valentincic. <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i>, 2014. <a href=\"https://doi.org/10.2139/ssrn.2373987\">https://doi.org/10.2139/ssrn.2373987</a>.","mla":"Koren, Jernej, et al. <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i> 2014, doi:<a href=\"https://doi.org/10.2139/ssrn.2373987\">10.2139/ssrn.2373987</a>.","bibtex":"@book{Koren_Kosi_Valentincic_2014, title={Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?}, DOI={<a href=\"https://doi.org/10.2139/ssrn.2373987\">10.2139/ssrn.2373987</a>}, author={Koren, Jernej and Kosi, Urska and Valentincic, Aljosa}, year={2014} }","ama":"Koren J, Kosi U, Valentincic A. <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i>; 2014. doi:<a href=\"https://doi.org/10.2139/ssrn.2373987\">10.2139/ssrn.2373987</a>"},"abstract":[{"lang":"eng","text":"This study examines the effect of audit on private firms’ cost of debt. We use a sample of 1,949 small private firms operating in the period 2006-2010 with optional financial statement audit. High quality data allows us to construct a more precise interest rate measure than existing studies employ. After controlling for obvious sources of demand for voluntary audits (ownership complexity, subsidiary status, bank relations), we find a robust central result that voluntary audits increase rather than decrease the cost of debt financing, contrary to several existing studies. This finding indicates that voluntary audits are generally treated as “adopting a label” and penalised by creditors, regardless of the perceived auditor quality as a result of the lemon problem in the audit market. Even Big-4 audits increase the cost of debt, likely as a result due to the lemon problem in the audit market, although the increase is smaller than for non-Big-4 audits. The results are sensitive to the estimation method used (OLS, Heckman’s two-step, PSM) and (sub-)sample selection. We show that disregarding the underlying assumptions of these estimation methods may lead to incorrect inferences. Additional analyses show that audited firms’ reported earnings are less informative about future operating performance than earnings of their unaudited counterparts. Our results also indicate that results are sensitive to cost of debt definition and this might have affected the results reported in the existing literature. "}],"date_created":"2018-10-26T07:39:16Z","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"oa":"1","type":"working_paper","author":[{"full_name":"Koren, Jernej","first_name":"Jernej","last_name":"Koren"},{"full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska","orcid":"0009-0009-2545-5929","id":"54068"},{"last_name":"Valentincic","first_name":"Aljosa","full_name":"Valentincic, Aljosa"}],"title":"Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?","year":"2014","status":"public","date_updated":"2026-06-15T11:11:10Z","language":[{"iso":"eng"}],"_id":"4879","main_file_link":[{"url":"https://dx.doi.org/10.2139/ssrn.2373987","open_access":"1"}],"user_id":"54068","doi":"10.2139/ssrn.2373987"},{"user_id":"88603","_id":"37109","language":[{"iso":"eng"}],"main_file_link":[{"url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2373987"}],"date_updated":"2023-01-17T13:51:24Z","conference":{"end_date":"2013-05-05","location":"Paris, France","start_date":"2013-05-02","name":"36th Annual Congress of European Accounting Association"},"author":[{"full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska","id":"54068"},{"first_name":"Jerney","last_name":"Koren","full_name":"Koren, Jerney"},{"full_name":"Valentincic, Aljosa","last_name":"Valentincic","first_name":"Aljosa"}],"status":"public","title":"Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?","year":"2013","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"type":"conference","keyword":["private firms","voluntary audit","cost of debt","self-selection bias","lemon problem"],"date_created":"2023-01-17T13:25:30Z","abstract":[{"text":"This study examines the effect of audit on private firms’ cost of debt. We use a sample of 1,949 small private firms operating in the period 2006-2010 with optional financial statement audit. High quality data allows us to construct a more precise interest rate measure than existing studies employ. After controlling for obvious sources of demand for voluntary audits (ownership complexity, subsidiary status, bank relations), we find a robust central result that voluntary audits increase rather than decrease the cost of debt financing, contrary to several existing studies. This finding indicates that voluntary audits are generally treated as “adopting a label” and penalised by creditors, regardless of the perceived auditor quality as a result of the lemon problem in the audit market. Even Big-4 audits increase the cost of debt, likely as a result due to the lemon problem in the audit market, although the increase is smaller than for non-Big-4 audits. The results are sensitive to the estimation method used (OLS, Heckman’s two-step, PSM) and (sub-)sample selection. We show that disregarding the underlying assumptions of these estimation methods may lead to incorrect inferences. Additional analyses show that audited firms’ reported earnings are less informative about future operating performance than earnings of their unaudited counterparts. Our results also indicate that results are sensitive to cost of debt definition and this might have affected the results reported in the existing literature.","lang":"eng"}],"extern":"1","citation":{"ieee":"U. Kosi, J. Koren, and A. Valentincic, “Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?,” presented at the 36th Annual Congress of European Accounting Association, Paris, France, 2013.","apa":"Kosi, U., Koren, J., &#38; Valentincic, A. (2013). <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i> 36th Annual Congress of European Accounting Association, Paris, France.","chicago":"Kosi, Urska, Jerney Koren, and Aljosa Valentincic. “Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?,” 2013.","short":"U. Kosi, J. Koren, A. Valentincic, in: 2013.","mla":"Kosi, Urska, et al. <i>Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?</i> 2013.","bibtex":"@inproceedings{Kosi_Koren_Valentincic_2013, title={Does Financial Statement Audit Reduce the Cost of Debt of Private Firms?}, author={Kosi, Urska and Koren, Jerney and Valentincic, Aljosa}, year={2013} }","ama":"Kosi U, Koren J, Valentincic A. Does Financial Statement Audit Reduce the Cost of Debt of Private Firms? In: ; 2013."}},{"citation":{"mla":"Kosi, Urska, et al. <i>Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information?</i> 2013.","bibtex":"@inproceedings{Kosi_Florou_Pope_2013, title={Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information?}, author={Kosi, Urska and Florou, Annita and Pope, Peter F. }, year={2013} }","ama":"Kosi U, Florou A, Pope PF. Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information? In: ; 2013.","ieee":"U. Kosi, A. Florou, and P. F. Pope, “Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information?,” presented at the 9th Workshop on European Financial Reporting, Valencia, Spain, 2013.","apa":"Kosi, U., Florou, A., &#38; Pope, P. F. (2013). <i>Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information?</i> 9th Workshop on European Financial Reporting, Valencia, Spain.","short":"U. Kosi, A. Florou, P.F. Pope, in: 2013.","chicago":"Kosi, Urska, Annita Florou, and Peter F.  Pope. “Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information?,” 2013."},"extern":"1","date_created":"2023-01-17T13:52:28Z","type":"conference","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"title":"Does Mandatory IFRS Adoption Improve the Credit Relevance of Accounting Information?","status":"public","year":"2013","author":[{"id":"54068","last_name":"Kosi","first_name":"Urska","full_name":"Kosi, Urska"},{"first_name":"Annita","last_name":"Florou","full_name":"Florou, Annita"},{"full_name":"Pope, Peter F. ","last_name":"Pope","first_name":"Peter F. "}],"conference":{"name":"9th Workshop on European Financial Reporting","start_date":"2013-09-05","location":"Valencia, Spain","end_date":"2013-09-06"},"date_updated":"2023-01-17T13:52:33Z","_id":"37115","language":[{"iso":"eng"}],"user_id":"88603"},{"date_created":"2018-07-12T08:20:29Z","department":[{"_id":"551"},{"_id":"186"},{"_id":"635"}],"type":"journal_article","publication":"European Accounting Review","issue":"1","extern":"1","abstract":[{"lang":"eng","text":"Private firms are likely to use the financial reporting process more for other objectives, such as tax savings, than for communicating performance. However, observing firms choosing accounting policies for tax-minimisation purposes is not straightforward due to (i) tax and non-tax costs of reporting lower income (ii) accounting policies that result in lower reported income and no tax savings but generate non-tax benefits (iii) preparers' multiple incentives and (iv) econometric issues. We observe a large sample of 20,505 private firms writing off assets in two separate regimes, one that generates tax savings and one that does not. Firms significantly decrease, but continue to use, write-offs after the adverse change in tax treatment of write-offs. The exogenous tax change should not affect other reporting incentives. This allows us to disentangle the tax-minimisation incentive from other (un-observable) incentives, including debt contracting, dividends and employee relations that contribute to the observed anomalous positive relationship between write-offs and profitability. We show that for private firms (i) obtaining tax savings is important overall (ii) non-tax costs and benefits are probably also important and (iii) earnings informativeness for future cash flows increases after the adverse tax legislation change."}],"language":[{"iso":"eng"}],"doi":"10.1080/09638180.2012.661938","author":[{"id":"54068","full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska"},{"last_name":"Valentincic","first_name":"Aljosa","full_name":"Valentincic, Aljosa"}],"year":"2013","title":"Write-offs and profitability in private firms: Disentangling the impact of tax-minimisation incentives","intvolume":"        22","publication_status":"published","date_updated":"2023-01-24T15:33:44Z","citation":{"short":"U. Kosi, A. Valentincic, European Accounting Review 22 (2013) 117–150.","chicago":"Kosi, Urska, and Aljosa Valentincic. “Write-Offs and Profitability in Private Firms: Disentangling the Impact of Tax-Minimisation Incentives.” <i>European Accounting Review</i> 22, no. 1 (2013): 117–50. <a href=\"https://doi.org/10.1080/09638180.2012.661938\">https://doi.org/10.1080/09638180.2012.661938</a>.","ieee":"U. Kosi and A. Valentincic, “Write-offs and profitability in private firms: Disentangling the impact of tax-minimisation incentives,” <i>European Accounting Review</i>, vol. 22, no. 1, pp. 117–150, 2013, doi: <a href=\"https://doi.org/10.1080/09638180.2012.661938\">10.1080/09638180.2012.661938</a>.","apa":"Kosi, U., &#38; Valentincic, A. (2013). Write-offs and profitability in private firms: Disentangling the impact of tax-minimisation incentives. <i>European Accounting Review</i>, <i>22</i>(1), 117–150. <a href=\"https://doi.org/10.1080/09638180.2012.661938\">https://doi.org/10.1080/09638180.2012.661938</a>","bibtex":"@article{Kosi_Valentincic_2013, title={Write-offs and profitability in private firms: Disentangling the impact of tax-minimisation incentives}, volume={22}, DOI={<a href=\"https://doi.org/10.1080/09638180.2012.661938\">10.1080/09638180.2012.661938</a>}, number={1}, journal={European Accounting Review}, author={Kosi, Urska and Valentincic, Aljosa}, year={2013}, pages={117–150} }","ama":"Kosi U, Valentincic A. Write-offs and profitability in private firms: Disentangling the impact of tax-minimisation incentives. <i>European Accounting Review</i>. 2013;22(1):117-150. doi:<a href=\"https://doi.org/10.1080/09638180.2012.661938\">10.1080/09638180.2012.661938</a>","mla":"Kosi, Urska, and Aljosa Valentincic. “Write-Offs and Profitability in Private Firms: Disentangling the Impact of Tax-Minimisation Incentives.” <i>European Accounting Review</i>, vol. 22, no. 1, 2013, pp. 117–50, doi:<a href=\"https://doi.org/10.1080/09638180.2012.661938\">10.1080/09638180.2012.661938</a>."},"_id":"3549","page":"117-150","volume":22,"user_id":"54068","status":"public"},{"title":"Does mandatory IFRS adoption facilitate debt financing? ","year":"2013","status":"public","conference":{"start_date":"2013-01-07","name":"FACTS-Forschungswerkstatt","location":"Berlin, Germany"},"author":[{"full_name":"Florou, Annita","last_name":"Florou","first_name":"Annita"},{"id":"54068","first_name":"Urska","last_name":"Kosi","full_name":"Kosi, Urska"}],"date_updated":"2023-01-24T15:34:43Z","language":[{"iso":"eng"}],"_id":"37110","user_id":"54068","citation":{"apa":"Florou, A., &#38; Kosi, U. (2013). <i>Does mandatory IFRS adoption facilitate debt financing? </i>. FACTS-Forschungswerkstatt, Berlin, Germany.","ieee":"A. Florou and U. Kosi, “Does mandatory IFRS adoption facilitate debt financing? ,” presented at the FACTS-Forschungswerkstatt, Berlin, Germany, 2013.","chicago":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing? ,” 2013.","short":"A. Florou, U. Kosi, in: 2013.","mla":"Florou, Annita, and Urska Kosi. <i>Does Mandatory IFRS Adoption Facilitate Debt Financing? </i>. 2013.","ama":"Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing? . In: ; 2013.","bibtex":"@inproceedings{Florou_Kosi_2013, title={Does mandatory IFRS adoption facilitate debt financing? }, author={Florou, Annita and Kosi, Urska}, year={2013} }"},"extern":"1","date_created":"2023-01-17T13:28:19Z","type":"conference","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}]},{"intvolume":"        44","date_updated":"2023-01-18T14:00:05Z","author":[{"id":"54068","first_name":"Urska","last_name":"Kosi","full_name":"Kosi, Urska"}],"year":"2009","status":"public","title":"International corporate reporting: A comparative approach, by Clare Roberts, Pauline Weetman and Paul Gordon (fourth edition)","volume":44,"user_id":"88603","language":[{"iso":"eng"}],"_id":"37135","page":"415-418","extern":"1","citation":{"mla":"Kosi, Urska. “International Corporate Reporting: A Comparative Approach, by Clare Roberts, Pauline Weetman and Paul Gordon (Fourth Edition).” <i>The International Journal of Accounting</i>, vol. 44, no. 4, 2009, pp. 415–18.","ama":"Kosi U. International corporate reporting: A comparative approach, by Clare Roberts, Pauline Weetman and Paul Gordon (fourth edition). <i>The International Journal of Accounting</i>. 2009;44(4):415-418.","bibtex":"@article{Kosi_2009, title={International corporate reporting: A comparative approach, by Clare Roberts, Pauline Weetman and Paul Gordon (fourth edition)}, volume={44}, number={4}, journal={The International Journal of Accounting}, author={Kosi, Urska}, year={2009}, pages={415–418} }","apa":"Kosi, U. (2009). International corporate reporting: A comparative approach, by Clare Roberts, Pauline Weetman and Paul Gordon (fourth edition). In <i>The International Journal of Accounting</i> (Vol. 44, Issue 4, pp. 415–418).","ieee":"U. Kosi, “International corporate reporting: A comparative approach, by Clare Roberts, Pauline Weetman and Paul Gordon (fourth edition),” <i>The International Journal of Accounting</i>, vol. 44, no. 4. pp. 415–418, 2009.","short":"U. Kosi, The International Journal of Accounting 44 (2009) 415–418.","chicago":"Kosi, Urska. “International Corporate Reporting: A Comparative Approach, by Clare Roberts, Pauline Weetman and Paul Gordon (Fourth Edition).” <i>The International Journal of Accounting</i>, 2009."},"issue":"4","publication":"The International Journal of Accounting","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"type":"review","date_created":"2023-01-17T14:59:35Z"},{"author":[{"full_name":"Garrod, Neil","last_name":"Garrod","first_name":"Neil"},{"full_name":"Kosi, Urska","first_name":"Urska","last_name":"Kosi","orcid":"0009-0009-2545-5929","id":"54068"},{"first_name":"Aljosa","last_name":"Valentincic","full_name":"Valentincic, Aljosa"}],"title":"Asset Write-Offs in the Absence of Agency Problems","year":"2008","intvolume":"        35","publication_status":"published","date_updated":"2026-06-15T08:06:58Z","language":[{"iso":"eng"}],"doi":"10.1111/j.1468-5957.2008.02078.x","issue":"3-4","publication":"Journal of Business Finance and Accounting","extern":"1","abstract":[{"text":"Using a large sample of small private companies, we show incremental influence ofeconomic incentives over prescriptions from accounting standards by financial statementpreparers in a code‐law setting with high alignment between financial and tax reportingand no agency problems. Contrary to predictions from standards, more profitable companiesare more likely to write‐off and the write‐off magnitude is greater, reflecting taxminimisation. Larger companies are more likely to write‐off, but the magnitude decreaseswith size, reflecting increasing political costs due to greater visibility to taxauthorities. Previous write‐off patterns and magnitudes are persistent, reflectinginstitutional learning linked to regulatory changes. ","lang":"eng"}],"date_created":"2018-07-11T10:28:02Z","department":[{"_id":"551"},{"_id":"186"},{"_id":"635"}],"type":"journal_article","jel":["M41","D82","H25"],"status":"public","_id":"3546","page":"307-330","volume":35,"user_id":"54068","citation":{"bibtex":"@article{Garrod_Kosi_Valentincic_2008, title={Asset Write-Offs in the Absence of Agency Problems}, volume={35}, DOI={<a href=\"https://doi.org/10.1111/j.1468-5957.2008.02078.x\">10.1111/j.1468-5957.2008.02078.x</a>}, number={3–4}, journal={Journal of Business Finance and Accounting}, author={Garrod, Neil and Kosi, Urska and Valentincic, Aljosa}, year={2008}, pages={307–330} }","ama":"Garrod N, Kosi U, Valentincic A. Asset Write-Offs in the Absence of Agency Problems. <i>Journal of Business Finance and Accounting</i>. 2008;35(3-4):307-330. doi:<a href=\"https://doi.org/10.1111/j.1468-5957.2008.02078.x\">10.1111/j.1468-5957.2008.02078.x</a>","mla":"Garrod, Neil, et al. “Asset Write-Offs in the Absence of Agency Problems.” <i>Journal of Business Finance and Accounting</i>, vol. 35, no. 3–4, 2008, pp. 307–30, doi:<a href=\"https://doi.org/10.1111/j.1468-5957.2008.02078.x\">10.1111/j.1468-5957.2008.02078.x</a>.","short":"N. Garrod, U. Kosi, A. Valentincic, Journal of Business Finance and Accounting 35 (2008) 307–330.","chicago":"Garrod, Neil, Urska Kosi, and Aljosa Valentincic. “Asset Write-Offs in the Absence of Agency Problems.” <i>Journal of Business Finance and Accounting</i> 35, no. 3–4 (2008): 307–30. <a href=\"https://doi.org/10.1111/j.1468-5957.2008.02078.x\">https://doi.org/10.1111/j.1468-5957.2008.02078.x</a>.","ieee":"N. Garrod, U. Kosi, and A. Valentincic, “Asset Write-Offs in the Absence of Agency Problems,” <i>Journal of Business Finance and Accounting</i>, vol. 35, no. 3–4, pp. 307–330, 2008, doi: <a href=\"https://doi.org/10.1111/j.1468-5957.2008.02078.x\">10.1111/j.1468-5957.2008.02078.x</a>.","apa":"Garrod, N., Kosi, U., &#38; Valentincic, A. (2008). Asset Write-Offs in the Absence of Agency Problems. <i>Journal of Business Finance and Accounting</i>, <i>35</i>(3–4), 307–330. <a href=\"https://doi.org/10.1111/j.1468-5957.2008.02078.x\">https://doi.org/10.1111/j.1468-5957.2008.02078.x</a>"}},{"editor":[{"first_name":"Zeljko","last_name":"Sevic","full_name":"Sevic, Zeljko"}],"user_id":"88603","_id":"37123","publisher":"Greenwich University Press","language":[{"iso":"eng"}],"page":"139-162","date_updated":"2023-01-18T14:01:27Z","author":[{"last_name":"Tekavic","first_name":"Metka","full_name":"Tekavic, Metka"},{"full_name":"Peljhan, Darja","last_name":"Peljhan","first_name":"Darja"},{"id":"54068","full_name":"Kosi, Urska","first_name":"Urska","last_name":"Kosi"}],"status":"public","title":"Advances in performance measurement: evidence from Slovenian companies","year":"2006","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"type":"book_chapter","place":"London","date_created":"2023-01-17T14:04:28Z","extern":"1","citation":{"ama":"Tekavic M, Peljhan D, Kosi U. Advances in performance measurement: evidence from Slovenian companies. In: Sevic Z, ed. <i>Accounting and Finance in Transition</i>. Greenwich University Press; 2006:139-162.","bibtex":"@inbook{Tekavic_Peljhan_Kosi_2006, place={London}, title={Advances in performance measurement: evidence from Slovenian companies}, booktitle={Accounting and Finance in Transition}, publisher={Greenwich University Press}, author={Tekavic, Metka and Peljhan, Darja and Kosi, Urska}, editor={Sevic, Zeljko}, year={2006}, pages={139–162} }","mla":"Tekavic, Metka, et al. “Advances in Performance Measurement: Evidence from Slovenian Companies.” <i>Accounting and Finance in Transition</i>, edited by Zeljko Sevic, Greenwich University Press, 2006, pp. 139–62.","short":"M. Tekavic, D. Peljhan, U. Kosi, in: Z. Sevic (Ed.), Accounting and Finance in Transition, Greenwich University Press, London, 2006, pp. 139–162.","chicago":"Tekavic, Metka, Darja Peljhan, and Urska Kosi. “Advances in Performance Measurement: Evidence from Slovenian Companies.” In <i>Accounting and Finance in Transition</i>, edited by Zeljko Sevic, 139–62. London: Greenwich University Press, 2006.","apa":"Tekavic, M., Peljhan, D., &#38; Kosi, U. (2006). Advances in performance measurement: evidence from Slovenian companies. In Z. Sevic (Ed.), <i>Accounting and Finance in Transition</i> (pp. 139–162). Greenwich University Press.","ieee":"M. Tekavic, D. Peljhan, and U. Kosi, “Advances in performance measurement: evidence from Slovenian companies,” in <i>Accounting and Finance in Transition</i>, Z. Sevic, Ed. London: Greenwich University Press, 2006, pp. 139–162."},"publication":"Accounting and Finance in Transition"},{"type":"journal_article","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"date_created":"2018-08-22T07:52:00Z","abstract":[{"lang":"eng","text":"Performance measurement systems are the focus of considerable attention in academic and practitioner communities as they contribute to the management of organisational performance. The literature suggests that companies have to put much more emphasis on non-financial measures than they did in the past and that they should implement some kind of integrated performance measurement system. The purpose of our exploratory study was to find out characteristics of performance measurement and management in Slovenian companies. We conducted a survey ‘Performance management in Slovenian companies’ in the spring of 2003. Our sample consists of 108 Slovenian companies. The research results show that Slovenian companies still perceive financial performance measures as more important than non-financial, although they measure both perspectives of their business. Also, we found out that companies measure their performance unsystematically as only 54 per cent of companies that have not changed their performance measurement methods in the last five years use balanced scorecard or some other form of integrated performance measurement system."}],"extern":"1","publication":"Accounting and Finance in Transition","citation":{"bibtex":"@article{Peljhan_Tekavcic_Kosi_2006, title={Advances in Performance Measurement: Evidence from Slovenian Companies}, journal={Accounting and Finance in Transition}, author={Peljhan, Darja and Tekavcic, Metka and Kosi, Urska}, year={2006}, pages={139–162} }","ama":"Peljhan D, Tekavcic M, Kosi U. Advances in Performance Measurement: Evidence from Slovenian Companies. <i>Accounting and Finance in Transition</i>. Published online 2006:139-162.","mla":"Peljhan, Darja, et al. “Advances in Performance Measurement: Evidence from Slovenian Companies.” <i>Accounting and Finance in Transition</i>, 2006, pp. 139–62.","short":"D. Peljhan, M. Tekavcic, U. Kosi, Accounting and Finance in Transition (2006) 139–162.","chicago":"Peljhan, Darja, Metka Tekavcic, and Urska Kosi. “Advances in Performance Measurement: Evidence from Slovenian Companies.” <i>Accounting and Finance in Transition</i>, 2006, 139–62.","ieee":"D. Peljhan, M. Tekavcic, and U. Kosi, “Advances in Performance Measurement: Evidence from Slovenian Companies,” <i>Accounting and Finance in Transition</i>, pp. 139–162, 2006.","apa":"Peljhan, D., Tekavcic, M., &#38; Kosi, U. (2006). Advances in Performance Measurement: Evidence from Slovenian Companies. <i>Accounting and Finance in Transition</i>, 139–162."},"user_id":"54068","page":"139-162","language":[{"iso":"eng"}],"_id":"4036","date_updated":"2023-01-24T15:33:20Z","publication_status":"published","title":"Advances in Performance Measurement: Evidence from Slovenian Companies","year":"2006","status":"public","author":[{"full_name":"Peljhan, Darja","first_name":"Darja","last_name":"Peljhan"},{"first_name":"Metka","last_name":"Tekavcic","full_name":"Tekavcic, Metka"},{"last_name":"Kosi","first_name":"Urska","full_name":"Kosi, Urska","id":"54068"}]}]