englischThe design of compensation systems and performance evaluation are subject to subjective influences by the compensation authority. The ex-post adjustment of performance measures is one way of adjusting compensation if an uncontrollable event has affected the achievement targeted. Clawback [...]

englischRisk management is confronted with a changing risk environment as both more complex and new risk factors, so-called unknown-unknowns, are arising. To address these developments effectively and to have an impact on critical decision-making processes in companies, this discipline needs to [...]

englischEvents such as the financial crisis in 2008/09 and the Volkswagen scandal about diesel engines in 2015 show that the existence of a risk management system does not sufficiently protect companies from risks. An inadequate corporate risk culture is often used to explain the causes of such [...]

englischProviding decision makers with information is one of the key tasks of management accountants. Both trust in a management accountant as a source of information and the framing of information may have an impact on decision-making. In this study, these two aspects are examined experimentally. [...]

In einer Vor- und einer Nachsteuerrechnung werden Bewertungskalküle zur Ermittlung des Restwertes mit dem Free-Cashflow- und dem Flow-to-Equity-Verfahren hergeleitet. Im Zuge der Abbildung des zu bewertenden Unternehmens als eine sich aus mehreren Geschäftsbereichen zusammensetzende Einheit werden [...]