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Keywords: financial crisis
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Journal Articles
Journal:
Accounting and the Public Interest
Accounting and the Public Interest (2017) 17 (1): 130–143.
Published: 01 December 2017
... mechanisms that disrupt underlying markets. Credit default swaps played a significant role in the 2008 subprime financial crisis, blurring the boundaries of entities to create entanglements that threatened the global financial infrastructure. The reporting entity and going concern concepts developed...