In a healthy economy, plant turnover increases aggregate productivity because efficient producers are more likely to survive. Given high entry and exit rates and the potential importance of turnover in accounting for aggregate productivity, in this paper we examine the determinants of plant exits and then examine how exits and other forms of output reallocation contribute to aggregate productiv...

The role of accounting (public-financial) with special emphasis on financial reforms and budgetary responsibility for the preparation statements is increasingly becoming necessary important to increase economic development stability country during governance. In order have reforms, there must be in public as well analysis reporting by responsible staff at both levels. It therefore this cooperat...

ABSTRACT There are past and proposed tax law changes that contain provisions affect financial reporting. These include calls for book-tax conformity, proposals to increase the links between accounting taxable incomes, actions by Congress make direct alterations U.S. GAAP. I submit these potentially threaten reporting quality. discuss my concerns about why such have not attracted attention from ...

This paper evaluates (1) whether the exogenous component of "nancial intermediary development in#uences economic growth and (2) whether cross-country di!erences in legal and accounting systems (e.g., creditor rights, contract enforcement, and accounting standards) explain di!erences in the level of "nancial development. Using both traditional cross-section, instrumental variable procedures and ...

The reforms in the public sector accounting and financial management, as an important part of the New Public Management (NPM) initiative, have attracted considerable interest all over the world. The purpose of this study is to present empirical results related to the introduction and implementation of a governmental financial accounting reform in the public health sector in Greece five years af...