1)

Publicly traded?

Sig.

Yes

No

͞x_arithm

δ_x

N

%

͞x_arithm

δ_x

N

%

a) Corporate management

67

427

· German-GAAP

3.87

1.48

20

29.85

3.46

1.37

142

33.26

0.03

· pendant

31

46.27

237

55.50

· (full-)IFRS

16

23.88

48

11.24

b) Dividend assessment

68

427

· German-GAAP

3.29

1.36

27

39.71

3.33

1.33

155

36.30

0.85

· Pendant

35

51.47

235

55.04

· (full-)IFRS

6

8.82

37

8.67

c) Decision usefulness

67

424

· German-GAAP

4.01

1.32

14

20.90

3.71

1.20

116

27.36

0.06

· pendant

36

53.73

247

58.25

· (full-)IFRS

17

25.37

61

14.39