Financial globalization coupled with the relaxation of constraints on capital flows between countries before the 2008 crisis, increased merger activities between the World’s largest stock exchanges. The financial crisis of 2008 had a grave impact on the development of equity markets, corporate financial stability, and corporate governance, and a multi-step approach is required to fully appreciate the causes and effects of this event. This ebook engages the individual strands of literature to advance a more holistic understanding of whether and how the national institutional environments in particular countries around the world has been changed after the crisis.
Institutions and Accounting Practices after the Financial Crisis: International Perspective (PDF) sets out a framework for the evaluation of institutional environments and accounting practices in in selected countries around the world during the pre-crisis period, followed by an examination of the effect of the crisis. It examines the changing roles of debt and equity markets; the shift in accounting practices and capital financing choices because of the economic downturn; and the lessons that can be learned from the financial crisis, while considering the institutional architecture of international business environments. This continuous process of integration and globalization increases interdependence between world markets, and lets shocks to propagate across national and continental lines, making the understanding of international markets equally important to American investors.
Aimed at primarily academics, researchers and students in the fields of international accounting, management and finance, Institutions and Accounting Practices after the Financial Crisis: International Perspective will additionally be of value to policy makers and practitioners, providing them with information related to the changes in accounting practices and risk evaluation due to the crisis.
NOTE: The product includes the ebook, Institutions and Accounting Practices after the Financial Crisis: International Perspective in PDF. No access codes are included.