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Information cultures: A review essay
Decision making, cognitive science and accounting: An overview of the intersection
The birth of clinical accounting: A study of the emergence and transformations of discourses on costs and practices of accounting in U.S. hospitals
The taxman cometh: Some observations on the interrelationship between accounting and inland revenue practice
Towards a political economy of accounting: An empirical illustration of the cambridge controversies
Changing perceptions behind the corporate report
The corporate report: A discussion
Identification of accounting firm alumni with their former firm: Antecedents and outcomes
Corporate Post-Retirement Benefit Plans and Leverage
Defined benefit pension and health care plans are important for firm leverage around the world. While consolidating off-balance sheet post-retirement plans increases effective leverage by 32%, firms reduce their level of regular debt by only 22 cents for every dollar of projected benefit obligation, yielding overall 23% higher total leverage of plan sponsors compared with similar firms without post-retirement plans. The most important driver of substitution rates between regular debt and post-retirement obligations is rule of law, followed by labor market freedom and taxes. In contrast, pension guarantee funds and priority of unfunded pension obligations are less important for substitution rates.