scholarly journals Do the burst of financial crisis and European Union membership impact Earnings Management. Evidence from emerging Eastern European countries

2020 ◽  
Vol 25 (4) ◽  
pp. 608-647
Author(s):  
Susana Callao ◽  
José I. Jarne ◽  
David Wroblewski
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
Earnings Management ◽  
Global Financial Crisis ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
The Czech Republic ◽  
Factors Influencing ◽  
Eastern European Countries

The paper studies earnings management in developing European countries. We investigated if membership in the European Union and the recent global financial crisis affected the decisions of managers in Eastern European countries to engage in earnings management. By analyzing a sample of 4,627 firms from four developing Eastern European countries (the Czech Republic, Poland, Hungary, and Slovakia) over the period of 2002-2009, our findings suggest there was a decrease in earnings management over the period leading up to the accession of these countries to the European Union. Additionally, we found that there was an increase in earnings management after the burst of the financial crisis. The results contribute to the debate in the accounting literature regarding the variations in earnings management related to the changes in environmental factors influencing companies. These results have several implications for standard setters and regulators; in particular, companies’ incentives are strongly influenced by the general conditions and circumstance of their home countries. Additionally, the study explores the still unexplored developing markets of Eastern European countries.

scholarly journals Determinants of crowdfunding success in central and eastern European countries

2021 ◽  
Vol 26 (2) ◽  
pp. 99-113
Author(s):  
Marija Šimić Šarić
Keyword(s):  
Financial Crisis ◽  
Project Success ◽  
European Countries ◽  
Success Factor ◽  
Eastern European ◽  
Project Duration ◽  
Factors Influencing ◽  
Probability Of Success ◽  
Eastern European Countries

As an alternative way of financing, crowdfunding has been growing rapidly since the last financial crisis in 2008. The number of launched projects has increased, but the number of successful projects remains low. Little is known about what leads to success in this field, especially in Central and Eastern European (CEE) countries where the determinants of crowdfunding campaign success for projects are not identified. Therefore, the article focuses on identifying determinants of crowdfunding campaign success for projects from CEE countries. Based on the dataset from Kickstarter, consisting of 473 projects from CEE countries, I examine factors influencing the probability of project success. The analyzed sample of projects shows that the number of backers and mean contribution are positively correlated with the probability of campaign success, while a higher project goal lowers the probability of success. Project duration is not a statistically significant success factor.

scholarly journals Agriculture and agricultural policy in the European Union

2012 ◽  
Vol 49 (No. 2) ◽  
pp. 62-66
Author(s):  
D. Ahner
Keyword(s):  
European Union ◽  
Agricultural Policy ◽  
Common Agricultural Policy ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
The Common ◽  
Eastern European Countries ◽  
Agenda 2000 ◽  
The Eu

The paper deals with the particular stages of development of the EU Common Agricultural Policy (CAP) in the last forty years. The process and impacts of CAP reforms are analyzed for the particular production industries of agriculture. The paper also presents a detailed description of Agenda 2000 and mid-term review of the Common Agricultural Policy in 2002 that brought about many proposals for the future working of CAP after accession of Central and Eastern European countries.

Transfers as a Means to Combat European Spillovers

2005 ◽  
Vol 225 (6) ◽  
Author(s):  
Dirk T.G. Rübbelke ◽  
Eytan Sheshinski
Keyword(s):  
European Union ◽  
Environmental Policy ◽  
European Countries ◽  
Environmental Taxation ◽  
Eastern European ◽  
The European Union ◽  
Accession Countries ◽  
Eastern European Countries ◽  
The Eu

SummaryIn 2004, there was a further enlargement of the European Union. Among the new member countries are eight Central and Eastern European countries. Especially the accession countries located directly at the border to the EU generate significant environmental spillovers harming the Union. These spillovers are mitigated but not deleted by the enlargement regulations.In this paper we will therefore analyze an instrument which may further diminish the spillover problems: transfers, which are conditional on a tightening of environmental policy in the accession countries. The environmental policy considered is the policy of environmental taxation.

Growth in the Central and Eastern European Countries of the European Union

2007 ◽  
Author(s):  
Abdul Abiad ◽  
Ashoka Mody ◽  
Susan Schadler ◽  
Daniel Leigh ◽  
◽  
...  
Keyword(s):  
European Union ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
Eastern European Countries

scholarly journals Ecological taxes in some European countries

2004 ◽  
Vol 49 (162) ◽  
pp. 209-224 ◽  
Author(s):  
Sanja Filipovic
Keyword(s):  
European Union ◽  
Fossil Fuels ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
Eu Directive ◽  
Production And Consumption ◽  
Previous Decade ◽  
Eastern European Countries ◽  
The Eu

Production and consumption of fossil fuels is one of the major causes of the green house effect, which is in economics known as a form of ecological externality. Fiscal solution, as one way of internalization of externalities, is based on polluters-pay principle and the imposition of tax on emission. Although the implementation of ecological tax was intensified during the previous decade, fiscal revenues are modest and account for only 5% of the total fiscal revenues of the European Union. Taxes on energetic products, accounting for 76%, are dominant among ecological taxes. Since the EU Directive 82/92 imposes minimum excise rates on oil products, during the last decade Central Eastern European countries have increased excise rates on fossil fuels and fully engaged in the field of ecological policy.

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