scholarly journals The impact of the “going concern” on auditors’ judgement. Analysis of the Italian context from an international perspective

2015 ◽  
Vol 13 (1) ◽  
pp. 44-55
Author(s):  
Graziella Sicoli ◽  
Paolo Tenuta
Keyword(s):  
International Perspective ◽  
The Other ◽  
Economic Perspective ◽  
Going Concern ◽  
Black List ◽  
The One ◽  
Italian Context ◽  
The Impact ◽  
A Company

The present work aims to analyse the concept of going concern on the one hand, through a case study of three companies which have recently come under observation of the CONSOB and have been inserted in the so-called “black list” and, on the other, the consequences that the removal of the presumption of continuity can have on the kind of assessment the auditors make. The aim of the present work is twofold: the first part analyses the principle of going concern from a business and economic perspective. Once this has been completed, the work will go on to offer an overview of the dynamics that can bring a company to a crisis point, and how these affect the judgments expressed by the auditors.

scholarly journals Participating is more important than winning: the impact of socio-economic change on commoners' participation in eighteenth- and nineteenth-century Flanders

2010 ◽  
Vol 25 (3) ◽  
pp. 405-433 ◽  
Author(s):  
TINE DE MOOR
Keyword(s):  
Nineteenth Century ◽  
Resource Use ◽  
The Other ◽  
Willingness To Participate ◽  
Registration System ◽  
Regulatory Documents ◽  
The Common ◽  
The One ◽  
The Impact

ABSTRACTIn this article the participation profile of commoners of a Flemish case-study is reconstructed in order to identify their individual motivations for using the common, in some cases even becoming a manager of that common, in some cases only just claiming membership. Nominative linkages between membership lists, book-keeping accounts and regulatory documents of the common on the one hand and censuses and marriage acts on the other allow us to explain the behaviour of the commoners. It becomes clear why some decisions were taken – for example, to dissolve a well-functioning cattle-registration system – and how these affected the resource use of the common during the eighteenth and early nineteenth centuries. The analysis explains how internal shifts in power balances amongst groups of active users and those who did not have the means or willingness to participate could jeopardize the internal cohesion of the commoners as a group.

Beyond the Bosphorus?

2009 ◽  
Vol 8 (2) ◽  
pp. 223-243 ◽  
Author(s):  
Andreas Wimmel
Keyword(s):  
European Union ◽  
Public Sphere ◽  
The Other ◽  
The European Union ◽  
Public Spheres ◽  
The One ◽  
The Impact ◽  
Interpretation Patterns ◽  
The Eu

This article examines the impact of national borders on public discourses, based on a case study of the struggle surrounding Turkey’s application to join the European Union (EU). Comparing opinions, reasons and interpretation patterns in quality press commentaries about enlarging the EU beyond the Bosphorus, the article confirms the importance and robustness of national cleavages between the German and the French public spheres on the one hand and the British public sphere on the other. Whereas Turkish membership was predominantly rejected on the continent, the British commentators strongly and almost unanimously supported Ankara’s request. These similarities and divergences, I argue, are first and foremost the result of competing visions of Europe’s finality, especially regarding various constitutional ideas and cultural principles. Against this background, the Turkey question was partly exploited as an instrument to advance or to suppress different concepts on the future of European integration.

Recontextualization of the Corporate Values of a Danish MNC in a Subsidiary in Bangalore

2012 ◽  
Vol 37 (1) ◽  
pp. 101-132 ◽  
Author(s):  
Martine Cardel Gertsen ◽  
Mette Zølner
Keyword(s):  
National Culture ◽  
The Other ◽  
Multinational Company ◽  
Social Agency ◽  
Corporate Values ◽  
New Meanings ◽  
The One ◽  
Meaning System ◽  
A Company

The authors analyze the recontextualization of the corporate values of a multinational company (MNC) in one of its subsidiaries. The authors draw upon qualitative material from a case study of a company of Danish origin and its endeavors to implement its corporate values in an Indian subsidiary in Bangalore. The authors show how these values take on new meanings when interpreted by local employees. On the one hand, their understandings are shaped by the prevailing meaning system, including leadership ideals, and on the other hand, by their resources and strategies. To further their understanding of the recontextualization, the authors point to a need to go beyond the system of signification shared within a national culture and include social agency, of which they conceive in Bourdieusian terms.

Innovations and Financing of SMEs Part I

2012 ◽  
pp. 555-573
Author(s):  
David S. Walker ◽  
Horst-Hendrik Scholz
Keyword(s):  
Credit Rating ◽  
Global Financial Crisis ◽  
Credit Rationing ◽  
The Other ◽  
Credit Crunch ◽  
Financing Decisions ◽  
Rating Process ◽  
The One ◽  
The Impact

Small and Medium-sized Enterprises (SMEs), as a major sector of the economy, have unique characteristics in terms of organisational and financial structures; reflecting the interest and strategy of the owner and financiers. With regard to the recent global financial crisis, the terminology ‘Credit Crunch’ describes a shortage in financial funds and concerns most businesses as well as financiers. On the one hand, financiers (lenders) complain about weak financial structures (especially lack of equity) and high risks investments of innovations and on the other hand SMEs (borrowers) accuse financiers for a shortage of financial funds or non-transparent and demanding credit conditions. This chapter describes various financing options and gives rationales for the credit rating process and credit conditions building the base for financing decisions. Furthermore, by discussing the topic of ‘Credit Rationing’, the authors demonstrate the impact of credit conditions on management decisions in order to justify the rationing of credits. This chapter also provides the necessary introduction and background to the understanding of the next chapter “Part II: Case Study of German SMEs in 2010”.

scholarly journals The Role of Premiums and Discounts in Business Valuation: Evidence from the Italian Context

2017 ◽  
Vol 12 (2) ◽  
pp. 83
Author(s):  
Olga Ferraro ◽  
Franco Ernesto Rubino
Keyword(s):  
Professional Practice ◽  
The Other ◽  
Critical Conditions ◽  
Business Valuation ◽  
Different Types ◽  
Proportional Value ◽  
The One ◽  
Italian Context ◽  
A Company

The valuation of a (non-totalitarian) shareholding in capital stock is characterized by some critical conditions, which are mainly related to the fact that the transfer or acquisition of the same can determine the transfer of control from one subject to another. It follows that the value of the investment can not simply be equal to the proportional value of the share capital, but should include premiums or discounts. Discounts and premiums do not just affect the value of a company; they play a crucial role in influencing a host of other factors and conditions that can make or break a deal. When it comes to business valuations, it is the business appraiser’s responsibility to be intimately knowledgeable with every aspect of discounts and premiums: the different types, the situations when they may or may not apply, and how to quantify them. The paper has a twofold approach: on the one hand, it analyzes the main reference literature on the definition and characteristics of premiums and discounts and the recognition and quantification of the same; on the other, subsequently, it examines the behavior adopted by the Italian professional practice in recognition and appreciation of prizes and discounts.

scholarly journals E-Business Performance Analysis: A Case Of A Slovenian e-Shop

2011 ◽  
Vol 2 (10) ◽  
Author(s):  
Metka Tekavcic ◽  
Mojca Marc
Keyword(s):  
Performance Analysis ◽  
Empirical Analysis ◽  
Business Performance ◽  
Business Environment ◽  
The Other ◽  
On Line ◽  
The One ◽  
A Company

This paper is part of our on-going work in the field of business performance analysis in e-environment. We put forward a framework that tries to link different aspects of performance analysis and to relate them to broader business environment on the one hand, and to the value of a company on the other. We illustrate the use of the proposed framework with a case study examining the Slovenian home-store company Merkur, which operates one of the best Slovenian on-line shops. The framework can also serve as a tool for an empirical analysis.

Interrelationships between municipal spatial policy strategy and airport operation and development. Lodz Airport case study

2018 ◽  
Vol 59 (1) ◽  
pp. 65-79
Author(s):  
Katarzyna Nikorowicz-Zatorska
Keyword(s):  
Land Use ◽  
Urban Planning ◽  
Cultural Development ◽  
The Other ◽  
Local Authorities ◽  
Spatial Management ◽  
The One ◽  
Surrounding Areas

Abstract The present paper focuses on spatial management regulations in order to carry out investment in the field of airport facilities. The construction, upgrades, and maintenance of airports falls within the area of responsibility of local authorities. This task poses a great challenge in terms of organisation and finances. On the one hand, an active airport is a municipal landmark and drives local economic, social and cultural development, and on the other, the scale of investment often exceeds the capabilities of local authorities. The immediate environment of the airport determines its final use and prosperity. The objective of the paper is to review legislation that affects airports and the surrounding communities. The process of urban planning in Lodz and surrounding areas will be presented as a background to the problem of land use management in the vicinity of the airport. This paper seeks to address the following questions: if and how airports have affected urban planning in Lodz, does the land use around the airport prevent the development of Lodz Airport, and how has the situation changed over the time? It can be assumed that as a result of lack of experience, land resources and size of investments on one hand and legislative dissonance and peculiar practices on the other, aviation infrastructure in Lodz is designed to meet temporary needs and is characterised by achieving short-term goals. Cyclical problems are solved in an intermittent manner and involve all the municipal resources, so there’s little left to secure long-term investments.

Laughter on the Fringes

2019 ◽  
Author(s):  
Anna Peterson
Keyword(s):  
The Other ◽  
Literary Canon ◽  
Autobiographical Writing ◽  
Treasure Trove ◽  
Old Comedy ◽  
Other Hand ◽  
Aggressive Humor ◽  
The One ◽  
The Individual ◽  
The Impact

This book examines the impact that Athenian Old Comedy had on Greek writers of the Imperial era. It is generally acknowledged that Imperial-era Greeks responded to Athenian Old Comedy in one of two ways: either as a treasure trove of Atticisms, or as a genre defined by and repudiated for its aggressive humor. Worthy of further consideration, however, is how both approaches, and particularly the latter one that relegated Old Comedy to the fringes of the literary canon, led authors to engage with the ironic and self-reflexive humor of Aristophanes, Eupolis, and Cratinus. Authors ranging from serious moralizers (Plutarch and Aelius Aristides) to comic writers in their own right (Lucian, Alciphron), to other figures not often associated with Old Comedy (Libanius) adopted aspects of the genre to negotiate power struggles, facilitate literary and sophistic rivalries, and provide a model for autobiographical writing. To varying degrees, these writers wove recognizable features of the genre (e.g., the parabasis, its agonistic language, the stage biographies of the individual poets) into their writings. The image of Old Comedy that emerges from this time is that of a genre in transition. It was, on the one hand, with the exception of Aristophanes’s extant plays, on the verge of being almost completely lost; on the other hand, its reputation and several of its most characteristic elements were being renegotiated and reinvented.

scholarly journals A procedure for the introduction of leanness into a company

2021 ◽  
Author(s):  
Davorin Cimermančič ◽  
Janez Kušar ◽  
Tomaž Berlec
Keyword(s):  
Negative Impact ◽  
General Procedure ◽  
Portfolio Analysis ◽  
The Other ◽  
Business Operations ◽  
Step Procedure ◽  
The One ◽  
A Company

AbstractChanging a traditional company into a lean one is a very complex and time-consuming process that needs to be addressed in an appropriate way, otherwise the project of introduction of leanness into a company may fail on the one hand and even have a negative impact on business operations of the company on the other. When introducing a change, a step-by-step procedure leading to a progress may be of great help. The paper outlines a general procedure of leanness, an important part of which is a lean agent. A portfolio analysis is also used as a measure of leanness or as an indicator of the desired direction. The applied working methods were mainly active workshops and interviews with employees. The procedure has been tested on an example of a Slovene company; first, the existing situation is outlined, then the leanness steps taken according to the procedure and the final result after the first transition of the procedure.

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