05173nam 22007095 450 991097838380332120250208115224.09783031791567303179156810.1007/978-3-031-79156-7(MiAaPQ)EBC31900187(Au-PeEL)EBL31900187(CKB)37491513500041(OCoLC)1499719697(DE-He213)978-3-031-79156-7(EXLCZ)993749151350004120250208d2024 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierValue Relevance Of Textual Characteristics Evidence from Annual Reports of U.S. Listed Firms /by Olga Bogachek, Francesco Grossetti1st ed. 2024.Cham :Springer Nature Switzerland :Imprint: Springer,2024.1 online resource (163 pages)SIDREA Series in Accounting and Business Administration,2662-98879783031791550 303179155X Introduction -- Theoretical Framework of Value Relevance -- Disclosure Theories -- Textual Analysis -- Measures in Finance and Accounting -- The Value Relevance of Textual Analysis -- Empirical Analysis of the Annual Reports -- Conclusion.This book explores the evolution of value relevance in finance and accounting. While synthesizing existing literature to provide a robust theoretical framework, it also extends the discourse by incorporating textual characteristics into the traditional model of value relevance. The authors integrate two pivotal but often disparate research domains: value relevance and linguistic analysis in accounting disclosures. This inclusion enriches our understanding of how qualitative factors, such as tone and readability in corporate disclosures, interact with quantitative measures to influence market behavior and investor decision-making. The result is a nuanced, multi-dimensional analysis that not only bridges gaps in current academic research but also offers new avenues for practical application. The book starts by laying the groundwork for the concept of value relevance, discussing its evolution in the academic literature, theoretical models, their assumptions, and limitations. It then turns the spotlight onto corporate disclosure theories, thereby illuminating the strategies and psychological factors that influence how companies report their financials and accompanying narrative discussions. The authors demonstrate how the information is strategically disclosed and received, adding another layer of complexity to the concept of value relevance. The novel contribution of this manuscript comes from the methodological approach, incorporating textual analysis techniques into a widely-accepted Ohlson value relevance model. The authors empirically integrate textual elements like tone and readability and demonstrate how they can play a significant role in how investors perceive a company. The empirical section of the book provides robust evidence to support the central thesis—that qualitative elements in financial disclosures are not merely supplementary but are indeed value-relevant. This enhances the book's applicability across both academic and practical settings. In conclusion, this book serves as a comprehensive guide for those interested in the complexities of value relevance as well as the dynamics of financial disclosures. It offers valuable insights that are both theoretically robust and empirically validated, making it a useful resource for academics, practitioners, and regulators. It enriches the academic discourse by offering new pathways for research and practical application in a world where financial information is increasingly digitized. The target audience for this book includes academics in the fields of accounting and finance, as well as practitioners and regulators who are keen on understanding the evolving dynamics of how financial information impacts the capital markets. .SIDREA Series in Accounting and Business Administration,2662-9887AccountingCapital marketFinancial statementsApplied linguisticsFinancial services industryFinancial AccountingCapital MarketsFinancial ReportingApplied LinguisticsFinancial ServicesAccounting.Capital market.Financial statements.Applied linguistics.Financial services industry.Financial Accounting.Capital Markets.Financial Reporting.Applied Linguistics.Financial Services.657Bogachek Olga1788563Grossetti Francesco1788564MiAaPQMiAaPQMiAaPQBOOK9910978383803321Value Relevance of Textual Characteristics4323591UNINA03492nam 2200637Ia 450 991100368610332120200520144314.097802958019640295801964(CKB)2670000000175535(SSID)ssj0000691088(PQKBManifestationID)11409739(PQKBTitleCode)TC0000691088(PQKBWorkID)10634421(PQKB)10347691(OCoLC)760887521(MdBmJHUP)muse48490(Au-PeEL)EBL3444533(CaPaEBR)ebr10723557(CaONFJC)MIL810539(OCoLC)932315570(MiAaPQ)EBC3444533(DE-B1597)726158(DE-B1597)9780295801964(Perlego)723661(EXLCZ)99267000000017553520100301d2010 uy 0engurcn|||||||||txtccrLone Scherfig's Italian for beginners /Mette Hjort1st ed.Seattle University of Washington Press ;Copenhagen Museum Tusculanum Pressc2010xvii, 277 p. illNordic film classicsBibliographic Level Mode of Issuance: Monograph9780295990446 0295990449 Includes bibliographical references,filmography and index.Why Italian for beginners? -- Lone Scherfig: the person, the oeuvre -- Practitioners' agency: the impact of the dogma framework -- Critical reception: toward the idea of an ethical feel-good movie -- Kindness: on the manifestation of a consistent attitude -- A different kind of feel-good movie: Italian for beginners and moral learning -- Dogma 95 : a manifesto -- Credits -- Awards -- Filmography.Lone Scherfig was the first of a number of women directors to take up the challenge of Dogme, the back-to-basics, manifesto-based, rule-governed, and now globalized film initiative introduced by Danish filmmakers Lars von Trier and Thomas Vinterberg in 1995. Entitled Italiensk for begyndere (Italian for Beginners), Scherfig's Dogme film transformed this already accomplished filmmaker into one of Europe's most noteworthy women directors. Danish and international critics lavished praise on Scherfig and her film, and their reactions harmonized with those of festival juries.Battered by life, but by no means defeated or destroyed, the characters in Italian for Beginners are all in touch at some deep intuitive level with the truth that is the film's basic message: that happiness and a sense of self-worth are sustained by love--whether romantic love or that of a community of like-minded people. The film struck an important chord with viewers precisely because it took Dogme in a new direction, one that reflects Scherfig's sensibilities and preferences as a woman.The book includes the Dogme manifesto and draws on interviews with the filmmaker as well as with the cast and crew.Watch the book trailer: https://www.youtube.com/watch?v=gk7SGfrIHGANordic film classics.Italian for beginnersExperimental filmsExperimental films.791.43/72Hjort Mette915670MiAaPQMiAaPQMiAaPQBOOK9911003686103321Lone Scherfig's Italian for beginners4384354UNINA11179nam 22005533 450 991101134170332120230331080318.090-8722-160-6(CKB)3840000000349728(MiAaPQ)EBC30459284(Au-PeEL)EBL30459284(OCoLC)909446969(EXLCZ)99384000000034972820230331d2012 uy 0engurcnu||||||||txtrdacontentnrdamediancrdacarrierThe Principle of Non-Discrimination in International and European Tax Law1st ed.Amsterdam :IBFD Publications USA, Incorporated,2012.©2012.xx, 1130 pages ;24 cmIBFD doctoral series,1570-7164 ;v. 24"Degree awarded on 18 October 2011."90-8722-159-2 Includes bibliographical references (pages 1093-1128).Intro -- Title Page -- Copyright Page -- Table of Contents -- Part I Introduction -- Part I: Introduction -- Chapter 1: Aristotle's Concept of Distributive Justice -- Chapter 2: Basic Principles of Discrimination -- 2.1. Elements of the discrimination analysis -- 2.2. Proposal for an analytical framework -- 2.3. A brief note on ability to pay -- Chapter 3: Overview of the Study -- Part II Article 24 of the OECD Model Convention -- Chapter 4: Origin of Article 24 of the OECD Model Convention -- 4.1. Historical roots of the provision -- 4.2. The League of Nations -- 4.3. The OEEC Fiscal Committee -- 4.3.1. The first report of Working Party no. 4 -- 4.3.2. Reception of the first report -- 4.3.3. The second report -- 4.3.4. The third report -- 4.3.5. The final report -- 4.3.6. Conclusions -- 4.4. The genesis of the OECD Model Convention -- 4.5. The current version of Article 24 of the OECD Model Convention -- Chapter 5: Article 24(1): Nationality Non-Discrimination -- 5.1. General -- 5.2. No taxation without discrimination? -- 5.3. Nationality -- 5.3.1. Individuals -- 5.3.2. Other persons -- 5.3.2.1. General -- 5.3.2.2. The nationality of legal entities -- 5.3.2.2.1. The position taken in the Commentary -- 5.3.2.2.2. The 2008 update -- 5.3.2.2.3. Transvaal Special Income Tax Court decision of 10 March 1992 -- 5.3.2.2.4. 's-Hertogenbosch Court of Appeal decision of 13 December 2002 -- 5.4. Entitlement to article 24 -- 5.5. The comparability test: "in the same circumstances" -- 5.5.1. On sameness and similarity -- 5.5.2. Case law -- 5.5.2.1. Leeuwarden Court of Appeal decision of 7 April 2000 -- 5.5.2.2. United Dominions Trust Ltd -- 5.5.2.3. Belgian Supreme Court decision of 30 June 1988 -- 5.5.2.4. The Anglo-Swiss Land and Building Company Ltd. -- 5.5.2.5. Biso -- 5.5.2.6. Saipem -- 5.5.3. Discrimination "on the basis of" nationality?.5.6. The disadvantage test: "other or more burdensome" -- 5.6.1. General -- 5.6.2. Reverse discrimination -- 5.6.3. Other issues -- 5.6.4. Case law -- 5.6.4.1. Woodend Rubber and Tea -- 5.6.4.2. Dutch Supreme Court decision of 14 June 1972 -- 5.6.4.3. Bundesfinanzhof decision of 14 March 1989 -- 5.6.4.4. Conseil d'état decision of 28 May 1986 -- 5.7. Reciprocity -- 5.7.1. General -- 5.7.2. Case law -- 5.7.2.1. American Trust Company -- 5.7.2.2. Brown &amp -- Williamson Ltd -- 5.7.2.3. Dutch Supreme Court decision of 2 September 1992 -- 5.7.2.4. Dutch Supreme Court decision of 20 November 2009 -- 5.7.3. Conclusion -- 5.8. Comparability as a safety valve? -- 5.9. "Other or more burdensome" as a safety valve? -- Chapter 6: Article 24(2): Stateless Persons -- 6.1. The 1954 Convention relating to the Status of Stateless Persons -- 6.2. The OECD Model Convention -- Chapter 7: Article 24(3): Permanent Establishments -- 7.1. Entitlement to article 24(3): what is "an enterprise"? -- 7.2. The comparability test: "an enterprise carrying on the same activities" -- 7.2.1. General -- 7.2.1.1. "Carrying on the same activities" -- 7.2.1.2. Separate entity approach -- 7.2.2. Case law -- 7.2.2.1. Case law on the subject of comparison -- 7.2.2.1.1. Reuters Ltd -- 7.2.2.1.2. Brussels Court of Appeal decision of 28 May 1993 -- 7.2.2.1.3. Ghent Court of Appeal decision of 17 November 1994 -- 7.2.2.1.4. Bundesfinanzhof decision of 22 April 1998 -- 7.2.2.1.5. Bundesfinanzhof decision of 10 March 2005 -- 7.2.2.1.6. Verwaltungsgerichtshof decision of 16 February 2006 and 28 November 2007 -- 7.2.2.2. Case law on the object of comparison -- 7.2.2.2.1. Swiss Bundesgericht decision of 28 November 2005 -- 7.2.2.2.2. Finanzgericht Köln decision of 20 September 1995 -- 7.2.2.2.3. UBS AG -- 7.3. The disadvantage test: "taxation … less favourably levied" -- 7.3.1. "Taxation".7.3.2. "Less favourably levied" -- 7.3.2.1. Assessment of tax -- 7.3.2.2. Structure and rate of tax -- 7.3.2.2.1. Progressive scales and the non-resident's worldwide profits -- 7.3.2.2.2. Tax-free thresholds -- 7.3.2.2.3. Special taxes on a non-resident's PE -- 7.3.2.3. Dividends received in respect of holdings owned by a permanent establishment -- 7.3.2.4. Withholding tax on dividends, interest and royalties received by a permanent establishment -- 7.3.2.5. Credit for foreign tax and the extension to permanent establishments of the benefit of tax treaties concluded with third states -- 7.3.3. Case law -- 7.3.3.1. Assessment of tax -- 7.3.3.1.1. Brussels Court of Appeal decision of 30 June 1994 -- 7.3.3.1.2. Commerzbank AG v. Inland Revenue Commissioners -- 7.3.3.1.3. Automated Securities Clearance -- 7.3.3.1.4. Saipem -- 7.3.3.2. Structure and rate of tax -- 7.3.3.3. Dividends received in respect of holdings owned by a permanent establishment: UBS AG -- 7.3.3.4. Credit for foreign tax and the extension to permanent establishments of the benefit of tax treaties concluded with third states -- 7.3.3.4.1. Finanzgericht Hamburg decision of 9 August 1985 -- 7.3.3.4.2. Dutch Supreme Court decision of 8 February 2002 -- 7.3.3.5. Disadvantages caused by the treaty of which article 24(3) is invoked -- 7.3.3.5.1. Metchem Canada Inc -- 7.3.3.5.2. Brussels Court of First Instance decision of 9 November 2006 -- 7.3.4. No extension to personal allowances -- 7.3.4.1. Dutch Supreme Court decision of 19 December 1990 -- 7.3.4.2. Dutch Supreme Court decision of 11 September 1991 -- 7.3.4.3. Dutch Supreme Court decision of 6 November 1996 -- 7.3.4.4. Antwerp Court of Appeal decision of 2 February 2010 -- 7.3.4.5. Conclusion -- Chapter 8: Article 24(4): Deductibility -- 8.1. General -- 8.2. The comparability test -- 8.2.1. No express comparability requirement.8.2.2. "Under the same conditions" as a comparability requirement? -- 8.3. The disadvantage test -- 8.4. Domestic rules on thin capitalization -- 8.4.1. General -- 8.4.2. "Interest" -- 8.4.3. Examples -- 8.4.3.1. Article 54 of the Belgian Income Tax Code -- 8.4.3.2. Article 26 of the Belgian Income Tax Code -- 8.4.4. Case law -- 8.4.4.1. Millennium Infocom Technologies -- 8.4.4.2. Specialty Manufacturing -- Chapter 9: Article 24(5): Foreign Ownership -- 9.1. Entitlement to article 24(5) -- 9.1.1. General -- 9.1.1.1. The wording of article 24(5) -- 9.1.1.2. Indirect ownership: Re A Oy and B Oy -- 9.1.2. Only the resident company is protected -- 9.1.2.1. Example: imputation systems vs.split-rate systems -- 9.1.2.2. Group treatment -- 9.1.3. Discrimination on the basis of foreign ownership -- 9.1.3.1. On the basis of -- 9.1.3.2. On the sole basis of? -- 9.1.3.3. Application of these principles -- 9.1.3.4. Example: Decision of the Swedish Supreme Administrative Court on the interpretation of "solely" -- 9.2. The comparability test: "other similar enterprises" -- 9.2.1. Similarity as a reference to shareholders' residence? -- 9.2.2. Similarity as a reference to the applicable tax regime? -- 9.2.3. Similarity as a reference to all relevant circumstances other than foreign ownership -- 9.2.4. Case law -- 9.2.4.1. Swedish Supreme Administrative Court decision of 19 November 1987 -- 9.2.4.2. Dutch Supreme Court decision of 23 December 1992 -- 9.2.4.3. Dutch Supreme Court decisions of 27 April 1994 -- 9.2.4.4. Boake Allen -- 9.2.4.5. DaimlerChrysler India -- 9.2.4.6. UnionBanCal -- 9.2.4.7. Square D -- 9.2.4.8. FCE Bank -- 9.3. The disadvantage test: "other or more burdensome" -- 9.3.1. General -- 9.3.1.1. The origin of the expression -- 9.3.1.2. Interpretation -- 9.3.2. Case law -- 9.3.2.1. The Delaware case.9.3.2.2. Luxembourg Administrative Court of Appeal decision of 19 April 2007 -- 9.3.2.3. The Swedish Supreme Administrative Court on the interpretation of "other" -- 9.4. Relationship to article 24(4) -- 9.4.1. General -- 9.4.2. Case law: Andritz -- Chapter 10: Article 24(6): Taxes Covered -- 10.1. General -- 10.2. Case law: Dutch Supreme Court decision of 1 November 2000 -- Chapter 11: The Concurrent Application of Different Provisions of Article 24 of the OECD Model Convention -- 11.1. Article 24(1) and article 24(3) -- 11.2. Article 24(1) and article 24(4) -- 11.3. Article 24(1) and article 24(5) -- 11.4. Article 24(3) and article 24(4) -- 11.5. Article 24(3) and article 24(5) -- 11.6. Conclusion -- Part III Non-Discrimination in European Tax Law -- Chapter 12: General Overview of the Approach of the European Court of Justice to Non-Discrimination -- 12.1. The Court's Aristotelian understanding of non-discrimination -- 12.1.1. Overview -- 12.1.2. Methodology -- 12.2. Types of discrimination -- 12.2.1. Discrimination in form and discrimination in substance -- 12.2.2. Direct and indirect discrimination -- 12.2.3. Reverse discrimination -- 12.2.3.1. The Court's traditional position -- 12.2.3.2. Later evolution and criticism -- 12.2.4. Quantitative restrictions and measures having equivalent effect -- 12.2.5. Dassonville extended to other freedoms -- 12.2.6. Conclusion -- Chapter 13: Non-Discrimination in European Tax Law: General Remarks -- 13.1. Introduction -- 13.1.1. Purpose and scope of the study -- 13.1.2. The case law of the European Court of Justice on direct taxation -- 13.2. Comparable situations -- 13.3. Equal treatment -- 13.4. Types of discrimination -- 13.4.1. Direct and indirect discrimination -- 13.4.2. Reverse discrimination.13.4.3. Is ECJ case law in direct tax matters still based on a discrimination analysis, or has it evolved towards a restriction-based reading of the Treaty?.This dissertation analyses the non-discrimination principle in tax treaties and in the direct tax case law of the Court of Justice of the European Union.Doctoral series ;v. 24.1570-7164Conflict of lawsTaxationTaxationLaw and legislationEuropeInternational Public Law and Arbitration.Conflict of lawsTaxation.TaxationLaw and legislationBammens Niels1830058MiAaPQMiAaPQMiAaPQBOOK9911011341703321The Principle of Non-Discrimination in International and European Tax Law4400368UNINA