Prof. Dr. Ulf Brüggemann

Profil

• SFB-TRR 266/1: Bestimmungsfaktoren verpflichtender Offenlegung (TP A01)

  Quelle ↗

  Förderer: DFG Sonderforschungsbereich Zeitraum: 07/2019 - 06/2023 Projektleitung: Prof. Dr. Ulf Brüggemann

• SFB/TRR 266/2: Bestimmungsfaktoren verpflichtender Offenlegung (TP A01)

  Quelle ↗

  Förderer: DFG Sonderforschungsbereich Zeitraum: 07/2023 - 06/2027 Projektleitung: Prof. Dr. Ulf Brüggemann

• Science & Startups Berlin

  PT

  3 Treffer54.9%
  • Zuwendung im Rahmen des Programms „exist – Existenzgründungen aus der Wissenschaft“ aus dem Bundeshaushalt, Einzelplan 09, Kapitel 02, Titel 68607, Haushaltsjahr 2026, sowie aus Mitteln des Europäischen Strukturfonds (hier Euro-päischer Sozialfonds Plus – ESF Plus) Förderperiode 2021-2027 – Kofinanzierung für das Vorhaben: „exist Women“
    T

    54.9%

• Telefónica Innovación Digital S.L.U.

  P

  8 Treffer52.8%
  • SKILLAB: Monitoring The Demand And Supply Of Skills In The European Labour Market
    P

    52.8%

• ViLabs Ltd.

  P

  8 Treffer52.8%
  • SKILLAB: Monitoring The Demand And Supply Of Skills In The European Labour Market
    P

    52.8%

• Intrasoft International SA

  P

  8 Treffer52.8%
  • SKILLAB: Monitoring The Demand And Supply Of Skills In The European Labour Market
    P

    52.8%

• Cluj IT Cluster

  P

  8 Treffer52.8%
  • SKILLAB: Monitoring The Demand And Supply Of Skills In The European Labour Market
    P

    52.8%

• Ungarisches Amt für Lebensmittelsicherheit

  P

  6 Treffer51.5%
  • WATSON - A holistic frameWork with Anticounterfeit and inTelligence-based technologieS that will assist food chain stakehOlders in rapidly identifying and preveNting the spread of fraudulent practices
    P

    51.5%

• Teknologian tutkimuskeskus

  P

  7 Treffer51.5%
  • WATSON - A holistic frameWork with Anticounterfeit and inTelligence-based technologieS that will assist food chain stakehOlders in rapidly identifying and preveNting the spread of fraudulent practices
    P

    51.5%
  • EU: HIgh ACCuracy printed electronics to <1μm, for OLAE TFT and Display Applications (HI-ACCURACY)
    P

    42.7%

• SINTEF Nord AS

  P

  6 Treffer51.5%
  • WATSON - A holistic frameWork with Anticounterfeit and inTelligence-based technologieS that will assist food chain stakehOlders in rapidly identifying and preveNting the spread of fraudulent practices
    P

    51.5%

• Bayerisches Landesamt für Gesundheit und Lebensmittelsicherheit (LGL)

  P

  6 Treffer51.5%
  • WATSON - A holistic frameWork with Anticounterfeit and inTelligence-based technologieS that will assist food chain stakehOlders in rapidly identifying and preveNting the spread of fraudulent practices
    P

    51.5%

• ASOCIACION INVESTIGACION INDUSTRIAS CARNICAS PRINCIPADO DE ASTURIAS

  P

  6 Treffer51.5%
  • WATSON - A holistic frameWork with Anticounterfeit and inTelligence-based technologieS that will assist food chain stakehOlders in rapidly identifying and preveNting the spread of fraudulent practices
    P

    51.5%

• Intended and Unintended Consequences of Mandatory IFRS Adoption: A Review of Extant Evidence and Suggestions for Future Research

  2012

  European Accounting Review · 444 Zitationen · DOI

  This paper discusses empirical evidence on the economic consequences of mandatory International Financial Reporting Standards (IFRS) adoption in the European Union (EU), and provides suggestions on how future research can add to our understanding of these effects. Based on the stated objectives of the EU's so-called ‘IAS Regulation’, we distinguish between intended and unintended consequences of mandatory IFRS adoption. Empirical research on the intended consequences generally fails to document an increase in the comparability or transparency of financial statements. In contrast, there is rich and almost unanimous evidence of positive effects on capital markets and at the macroeconomic level. We argue that certain research design issues are likely to contribute to this apparent mismatch in findings. The literature investigating unintended consequences of mandatory IFRS adoption is still in its infancy. However, extant empirical evidence and insights from non-IFRS settings suggest that mandatory IFRS adoption has the potential to materially affect contractual outcomes. We conclude that both the intended and the unintended consequences deserve further scrutiny to assess the costs and benefits of mandatory IFRS adoption, and we provide specific guidance for future research.

• Intended and Unintended Consequences of Mandatory IFRS Adoption: A Review of Extant Evidence and Suggestions for Future Research

  2012

  SSRN Electronic Journal · 93 Zitationen · DOI

• How do Individual Investors React to Global IFRS Adoption?

  2009

  SSRN Electronic Journal · 74 Zitationen · DOI

• The Twilight Zone: OTC Regulatory Regimes and Market Quality

  2017

  Review of Financial Studies · 56 Zitationen · DOI

  Studying a comprehensive sample of stocks from the U.S. OTC market, we show that this market is a large and diverse trading environment with a rich set of regulatory and disclosure regimes, comprising venue rules and state laws beyond SEC regulation. We exploit this institutional richness to show that OTC firms subject to stricter regulatory regimes and disclosure requirements have higher market quality (higher liquidity and lower crash risk). Our analysis points to an important trade-off in regulating the OTC market and protecting investors: lowering regulatory requirements reduces the compliance burden for smaller firms, but it also reduces market quality. Received July 26, 2013; editorial decision July 8, 2017 by Editor Itay Goldstein.

• Fair Value Reclassifications of Financial Assets during the Financial Crisis

  2012

  edoc Publication server (Humboldt University of Berlin) · 54 Zitationen · DOI

  At the peak of the financial crisis in October 2008, the IASB amended IAS 39 to grant companies the option of abandoning fair value recognition for selected financial assets. Using a comprehensive global sample of publicly listed IFRS banks, we find that banks use the reclassification option to forgo the recognition of fair value losses and ultimately the regulatory costs of supervisory intervention. Analyses of stock market reactions suggest that a small subset of the most troubled banks benefit from such reclassifications. However, analyses of related footnote disclosures reveal that two-thirds of reclassifying banks do not fully comply with the accompanying IFRS 7 requirements. These banks experience a significant increase in bid-ask spreads in the long run.

• The Effect of Regulatory Harmonization on Cross-Border Labor Migration: Evidence from the Accounting Profession

  2016

  Journal of Accounting Research · 43 Zitationen · DOI

  The paper examines whether international regulatory harmonization increases cross-border labor migration. To study this question, we analyze European Union initiatives that harmonized accounting and auditing standards. Regulatory harmonization should reduce economic mobility barriers, essentially making it easier for accounting professionals to move across countries. Our research design compares the cross-border migration of accounting professionals relative to tightly matched other professionals before and after regulatory harmonization. We find that international labor migration in the accounting profession increases significantly relative to other professions. We provide evidence that this effect is due to harmonization, rather than increases in the demand for accounting services during the implementation of the rule changes. The findings illustrate that diversity in rules constitutes an economic barrier to cross-border labor mobility and, more specifically, that accounting harmonization can have a meaningful effect on cross-border migration.

• The Twilight Zone: OTC Regulatory Regimes and Market Quality

  2013

  National Bureau of Economic Research · 20 Zitationen · DOI

  We analyze a comprehensive sample of more than 10,000 U.S. OTC stocks. We provide much needed descriptive evidence on this market and show that the OTC market is a large, diverse, and dynamic trading environment with a rich set of regulatory and disclosure regimes, comprising venue rules and state laws beyond SEC regulation. We also exploit the institutional richness of the OTC market and analyze two key dimensions of market quality, liquidity and crash risk, across firms and regulatory regimes. We find that OTC firms that are subject to stricter regulatory regimes and disclosure requirements have higher market quality (higher liquidity and lower crash risk). Our analysis points to an important trade-off in regulating the OTC market and protecting investors: Lowering regulatory requirements (e.g., for disclosure) reduces the compliance burden for smaller firms, but also reduces market quality.

• Asset Reclassifications and Bank Recapitalization During the Financial Crisis

  2022

  Management Science · 15 Zitationen · DOI

  Regulators frequently relax accounting rules during a financial crisis as a means of regulatory forbearance. The new accounting options provide banks with an opportunity for an accrual-based increase in their regulatory capital. The use of such an accounting option helps reduce the costs of government interventions such as bailouts and avoid the dilution of existing shareholders’ ownership rights. We examine the introduction of the reclassification option for financial assets during the 2008 financial crisis and study the position of accrual-based options in the pecking order of banks’ recapitalization measures. The findings suggest that the accrual-based increase in regulatory capital is temporary and does not provide permanent relief. Consistent with the long-term costs of accrual-based measures, investors perceive the accounting choice as a negative signal. If banks do not complement their use of the accounting option by other corrective actions that result in a real capital increase and a liquidity injection, they continue to suffer from low capitalization and financial difficulties in the following years. Ultimately, government interventions in accounting regulation are unlikely to offer a sustainable solution to capital shortfalls in the banking sector if they are not supported by the concurrent enforcement of real corrective actions. This paper was accepted by Brian Bushee, accounting. Funding: The authors acknowledge financial support from Deutsche Forschungsgemeinschaft (Project-ID 403041268-TRR 266) as well as from IAAER and KPMG under the “Research Informing the IASB Standard Setting” grant. Supplemental Material: The data files and online appendix are available at https://doi.org/10.1287/mnsc.2022.4364 .

• The Twilight Zone: OTC Regulatory Regimes and Market Quality

  2013

  SSRN Electronic Journal · 11 Zitationen · DOI

• Intended and unintended consequences of mandatory IFRS adoption

  2011

  Gabler eBooks · 11 Zitationen · DOI

  This paper discusses empirical evidence on the economic consequences of mandatory adoption of International Financial Reporting Standards (IFRS) in the European Union (EU) and provides suggestions on how future research can add to our understanding of these effects. Based on the explicitly stated objectives of the EU"s so-called "IAS Regulation", we distinguish between intended and unintended consequences of mandatory IFRS adoption. Empirical research on the intended consequences generally fails to document an increase in the comparability or transparency of financial statements. In contrast, there is rich and almost unanimous evidence of positive effects on capital markets and at the macroeconomic level. We argue that certain research design issues are likely to contribute to this apparent mismatch in findings and we suggest areas for future research to address it. The literature investigating unintended consequences of mandatory IFRS adoption is still in its infancy. However, extant empirical evidence and insights from non-IFRS settings suggest that mandatory IFRS adoption has the potential to materially affect contractual outcomes. We conclude that both the intended and the unintended consequences deserve further scrutiny to assess the costs and benefits of mandatory IFRS adoption, which may help provide a basis for evaluating the effectiveness of the IAS Regulation. We provide specific guidance for future research in this field.

• The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession

  2015

  National Bureau of Economic Research · 7 Zitationen · DOI

  The paper examines whether international regulatory harmonization increases cross-border labor migration. To study this question, we analyze European Union (EU) initiatives that harmonized accounting and auditing standards. Regulatory harmonization should reduce economic mobility barriers, essentially making it easier for accounting professionals to move across countries. Our research design compares the cross-border migration of accounting professionals relative to tightly-matched other professionals before and after regulatory harmonization. We find that international labor migration in the accounting profession increases significantly relative to other professions. We provide evidence that this effect is due to harmonization, rather than increases in the demand for accounting services during the implementation of the rule changes. The findings illustrate that diversity in rules constitutes an economic barrier to cross-border labor mobility and, more specifically, that accounting harmonization can have a meaningful effect on cross-border migration.

• Essays on the economic consequences of mandatory IFRS reporting around the world

  2011

  Gabler eBooks · 6 Zitationen · DOI

  Many listed companies around the world are required to prepare their consolidated accounts according to International Financial Reporting Standards (IFRS) since fiscal year 2005. Ulf Brüggemann discusses and empirically investigates the economic consequences of this mandatory switch to IFRS. He provides evidence that cross-border investments by individual investors increased following the introduction of IFRS. However, he also finds that uneven implementation of IFRS and its impact on contractual outcomes whose features vary substantially across countries are likely to dampen the benefits of uniform accounting standards. Taken together, his analysis shows that mandatory IFRS reporting has the potential to produce both intended and unintended consequences.

• The impact of mandatory IFRS adoption on cross-border equity investments of individual investors

  2011

  Gabler eBooks · 3 Zitationen · DOI

  AbstractIFRS reporting is currently accepted in over 100 countries around the world. Regulators justify the move towards IFRS by the expectation that collective adoption of IFRS will enhance transparency and comparability of financial statements across countries and thus, among other benefits, one single accounting language will reinforce cross-border equity investments (e.g., EC, 2002). In this essay, we evaluate this claim by analyzing IFRS-related changes in cross-border equity investments of individual investors.KeywordsEarning ManagementTrading VolumeIndividual InvestorHome MarketTrade SizeThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

• The economic consequences of fair value reclassifications under IFRS

  2011

  Gabler eBooks · 2 Zitationen · DOI

  At the peak of the financial crisis in October 2008, the IASB forwent any regular due process to issue an emergency amendment to IAS 39 in order to relax fair value accounting. These amendments leave banks reporting under IFRS with the choice to retroactively reclassify financial assets that were previously measured at fair value into categories which require measurement at amortized cost, i.e. to effectively abandon fair value accounting for these assets. This decision sharply contrasted the IASB's general strategy in reporting for financial instruments (IASB, 2008a) and its strong initial position against reclassifications. However, the board eventually surrendered to severe political pressure by the EU Commission and EU leaders, most prominently the French president Nicolas Sarkozy. They repeatedly voiced their concerns about the procyclicality that fair value accounting may introduce and requested to align accounting rules for European banks with those that apply to its US competitors, for which a similar reclassification option already existed under SFAS 65 and 115. In contrast, opponents of easing fair value rules, such as the British Prime Minister Gordon Brown, who stressed that fair values simply reflect current economic reality, went unheeded. This conflict at the top political level in the heat of the financial crisis has been the culmination of a longtime controversial debate in standard setting (e.g. Joint Working Group of Standard Setters, 1999; IASC, 1997) and academics (e.g. Barth, 2006; Landsman, 2007; Ronen, 2008) about the pros and cons of fair value accounting.KeywordsAbnormal ReturnRegulatory CapitalCapital RatioEarning QualityEarning SurpriseThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

• The Effect of Regulatory Harmonization on Cross-Border Labor Migration: Evidence from the Accounting Profession

  2016

  SSRN Electronic Journal · 1 Zitationen · DOI

• Shaping the Next Chapter of Accounting in Europe – Editorial Perspectives from the Incoming Editorial Team

  2026

  Accounting in Europe · DOI

  A new editorial team assumed the management of Accounting in Europe (AinE) for the next four years, starting on 1 January 2026. In this editorial letter, we explain our understanding of the journal’s aims and scope (on the basis of which editorial decisions will be made), and we provide prospective authors (and reviewers) with advice and clarifications regarding the journal’s future. Our purpose is to guide academic conversations in AinE to further enhance its academic and policy relevance.

• Summary and Conclusions

  2011

  Gabler eBooks · DOI

  This thesis comprises three essays on the economic consequences of mandatory IFRS reporting around the world. While the first two essays focus on reactions to the adoption process, the third essay analyzes the effects of a subsequent change in IFRS accounting rules.

• Introduction

  2011

  Gabler eBooks · DOI

  AbstractRegulation EU No. 1606/2002 requires most listed companies in the European Union (EU) to prepare their consolidated accounts according to International Financial Reporting Standards (IFRS) from fiscal year 2005 onwards (EC, 2002; henceforth the IAS Regulation). This regulation is part of an unprecedented accounting experiment that has seen IFRS reporting being currently mandated in almost 100 countries around the world. Even the US Securities and Exchange Commission (SEC) is actively considering to incorporate IFRS into the financial reporting system for US issuers. Regulators justify the move towards IFRS by the expectation that collective adoption of a single set of global accounting standards will trigger desirable economic consequences in capital markets and at the macroeconomic level. For example, the IAS Regulation explicitly aims "to ensure a high degree of transparency and comparability of financial statements and hence an efficient functioning of the Community capital market and the Internal Market" (EC, 2002, Art. 1). There is an emerging stream of empirical literature that evaluates whether these objectives have been met. This thesis contributes to this stream of literature by providing three essays on the economic consequences of mandatory IFRS reporting around the world. While the first two essays focus on the response to the adoption process, the third essay analyzes the effects of a subsequent change in IFRS accounting rules.KeywordsEuropean UnionInternational Financial Reporting StandardIndividual InvestorIntended ConsequenceInternational Account StandardThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

• 2009

  The International Journal of Accounting · DOI

• Universität Paderborn

  SFB-TRR 266/1: Bestimmungsfaktoren verpflichtender Offenlegung (TP A01)

  university

Name

Prof. Dr. Ulf Brüggemann

Titel

Prof. Dr.

Fakultät

Wirtschaftswissenschaftliche Fakultät

Institut

Accounting

Telefon

+49 30 2093-99448

HU-FIS-Profil

Quelle ↗

Zuletzt gescrapt

26.4.2026, 01:03:18