... that institutional quality has a significant influence on firms' R&D expenditure. The results have several implications in relation to findings of previous research. Research limitations/implications The inclusion of more countries that were affected by the European economic crisis will probably give more...

...Christoph Endenich Purpose – The purpose of this paper is to investigate change processes within German and Spanish management accounting which are induced by the recent economic crisis. To illuminate these changes, a particular emphasis is put on budgeting processes and the role of management...