Führt das Rating nach Basel II zu einer freiwilligen Umstellung der Rechnungslegung von den handelsrechtlichen GoB zu den IFRS?

Wielenberg, Stefan

doi:10.1007/bf03371720

Cited by 4 publications

(4 citation statements)

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“…and Ernst & Young, 2005; von Keitz and KPMG, 2006). It is especially this last aspect – whether the choice of the financial reporting system influences the credit rating of an enterprise – which has been controversially discussed during recent years (Wielenberg, 2007; Oehler, 2006; Gleißner and Heyd, 2006; Küting et al , 2004).…”

Section: Defining the Research Questionmentioning

confidence: 99%

“…In contrast to the view represented by the Federal Association of German Banks (Bundesverband Deutscher Banken, 2005), it is often assumed that the provision of an IFRS financial statement could lead to an improved rating (according to Basel II) (Massenberg and Borchardt, 2007; Wielenberg, 2007).…”

Section: Defining the Research Questionmentioning

confidence: 99%

“…for the area of “front office” in terms of the Minimum Requirements for Risk Management (MaRisk) (BaFin, 2008). This is not to imply that the soft‐fact‐rating decision was not reliable; on the contrary: the fact that the evaluating actors view a transition as advantageous to the bank's internal rating decision might be perceived as very rational indeed (Wielenberg, 2007). On the other hand, it can also be imagined from a practical perspective that in individual cases the employed rating system does not (yet) neutrally react to the applied system of financial reporting, which means that the (hard‐fact‐)rating decision has not (yet) been adjusted to a changed (and dynamically changing) transmission of information.…”

Section: Defining the Research Questionmentioning

confidence: 99%

“…Before the three core propositions are verified against the main results of the conducted survey, this section will offer a brief overview over selected (partly) empirical studies of the recent past, to reflect the current state of the empirical research in Germany on the central issues of this paper. Contributions which are largely concerned with theoretical models (Wielenberg, 2007; Küting et al , 2004) will not be discussed; however, the implications of model theories for the research question will be considered during the final discussion of the results. It should be mentioned that the contributions concerning theoretical models show as little of a definite conclusion as purely descriptive analyses do.…”

Section: Overview Of the Empirical Research Situation In Germanymentioning

confidence: 99%

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The granting of loans by German banks to SMEs against the background of international financial reporting

Zuelch

Burghardt²

2010

Journal of Applied Accounting Research

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PurposeThe purpose of this paper is to examine whether the choice of the financial reporting system can influence the credit rating of an enterprise. It aims to argue that small‐ and medium‐sized entities (SMEs) reporting according to International Financial Reporting Standards (IFRS) can – in some cases – benefit from better credit conditions in comparison with reporting according to the German Commercial Code (German‐GAAP). Therefore, the analysis focuses on the perceptions of German banks.Design/methodology/approachThe paper uses the results of a written questionnaire which has been sent to more than 1,500 German banks, which makes it the most comprehensive empirical analysis of the perceptions of German banks concerning the granting of loans.FindingsThe findings show (amongst others) that bank internal ratings can be a motivation for SMEs to change the system of financial reporting from German‐GAAP to IFRS. Surprisingly, enterprises can in some cases even expect a “rating bonus” in the pricing of the credit, if they provide an IFRS statement instead of a statement prepared in accordance with German‐GAAP.Research limitations/implicationsOwing to the rapidly changing accounting environment (concerning IFRS as well as the German Commercial Code), the findings have to be re‐examined by future research.Originality/valueThis paper draws on the present state of research, complementing it for the first time with representative empirical data from the perspective of the decision makers in German credit institutions.

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Section: Defining the Research Questionmentioning

confidence: 99%

Section: Defining the Research Questionmentioning

confidence: 99%

Section: Defining the Research Questionmentioning

confidence: 99%

Section: Overview Of the Empirical Research Situation In Germanymentioning

confidence: 99%

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