Henselmann, Klaus Klein, Martin Raschdorf, Florian
Year of Publication:
Working Papers in Accounting Valuation Auditing No. 2010-2
In today's uncertain financial climate it is particularly important for entities to explain their financial performance relative to their expectations. Therefore, the paper analyzes the quality and quantity of management reporting in Germany's publicly traded MDAX and SDAX companies using a random selection. Actual results are compared with predicted profits. It is examined whether the companies have delivered results in line with former expectations.