This article examines four major Financial Fair Play (FFP) cases that have come before the Court of Arbitration for Sport (CAS). Although significant previous work has addressed FFP in European football, there is a gap where its treatment at CAS concerned. In addition to creating substantial holes effectiveness regulations, progression discussed let some FFP’s most egregious offenders avoid san...

Fair value accounting is a concept whose main goal to provide quality information about financial status, success and cash flows in order satisfy the informational needs of investors. By introducing this concept, focus placed on balance sheet not income statement as was case historical cost concept. The reporting show assets, liabilities net assets at fair date. subject research work applicatio...

In this work we investigate two crucial dimensions of firms’ structure and dynamics, that is profitability and productivity performance. The empirical distributions and the associated persistence over time are explored through a set of parametric and non parametric exercises performed on an large panel of Italian firms active in both Manufacturing and Services during the period 1998-2003. The m...