TY  - UNPD
A1  - Leuz, Christian
T1  - The development of voluntary cash flow statements in Germany and the influence of international reporting standards
T2  - Universität Frankfurt am Main. Fachbereich Wirtschaftswissenschaften: [Working paper series / Finance and accounting] Working paper series, Finance & Accounting ; No. 40
N2  - This paper studies the incentives of German firms to voluntarily disclose cash flow statements over time. While cash flow statement are mandated under many GAAP regimes, its disclosure has not been mandatory in Germany until recently. Nevertheless, an increasing number of firms provides cash flow statements voluntarily. These firms are likely to be influenced by recommendations of the German accounting profession, IAS 7 as well as the respective standards of other countries. The idea of the paper is to study this influence by looking at the adoption pattern over time and the format of the cash flow statement. It documents the development of voluntary cash flow statement disclosures by German firms with respect to ”milestones” in the evolution of German professional recommendations and respective international standards. The cross-sectional determinants of voluntary and international cash flow statements are analyzed using probit regressions and factor analysis. The results are generally consistent with the idea that capital-market forces drive voluntary cash flow statements that are in line with international reporting practice.
T3  - Working paper series / Johann-Wolfgang-Goethe-Universität Frankfurt am Main, Fachbereich Wirtschaftswissenschaften : Finance & Accounting - 40 
KW  - cash flow statements
KW  - international accounting
KW  - voluntary disclosure
KW  - Deutschland
KW  - Cashflow
KW  - Öffentlichkeitsarbeit
KW  - Corporate Governance
KW  - Internationale Wettbewerbsfähigkeit
KW  - Internationaler Wettbewerb
KW  - Schätzung
KW  - Publizitätspflicht
KW  - International Financial Reporting Standards
KW  - International Accounting Standards
Y1  - 1999
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/55334
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-553343
UR  - https://www.econbiz.de/archiv/f/uf/finanzierung/voluntary_cash_flow.pdf
SN  - 1434-3401
PB  - Johann-Wolfgang-Goethe-Universität, Frankfurt am Main, Fachbereich Wirtschaftswissenschaften
CY  - Frankfurt am Main
ER  -