Preface

This book focuses on issues in accounting and finance. The volume contains an introductory chapter from editors and seven chapters from a global perspective written by authors from Turkey, Italy, Ukraine, Colombia, ASEAN-5 (Malaysia, Thailand, Indonesia, Singapore, and the Philippines), and the United States. It is organized into four sections: "Introduction," "Financial and Non-Financial Reporting," "Accounting and Financial Statements," and "Banking." The target audience is scholars and specialists in the fields of accounting, reporting, and banking.

The first section contains the introductory chapter.

The second section, "Financial and Non-Financial Reporting," includes two chapters. In Chapter 2, "National Accounting Standards in Turkey," Birsel Sabuncu describes the accounting standards being implemented in Turkey, which include Uniform Accounting System and Uniform Chart of Accounts, Turkish Financial Reporting Standards (TFRS), and Financial Reporting Standards for Large- and Medium-Sized Enterprises (FRS for LMEs). In Chapter 3, "CSR Training and Financial Statement Disclosure: The Case of Italy," Maria-Gabriella Baldarelli analyses the impact that corporate social responsibility (CSR) training had on nonfinancial information that is contained in financial statements following the EU directive 2014/95/EU and the Italian law 254/2016.

The third section, "Accounting and Financial Statements," includes two chapters. In Chapter 4, "Nonlinear Effect of Financial Development and Foreign Direct Investment in Integration Economies Among ASEAN-5 Countries Following IFRS Adoption," Elya Nabila Abdul Bahri and Nor Hakimah Haji Mohd Nor examine the role of financial development on foreign direct investment (FDI) inflows in ASEAN-5 countries following adoption of International Financial Reporting Standards (IFRS) over the period 1980–2017. In Chapter 5, "The Roles of Accounting Valuations and Earnings Management in the Survivorship of Technology Firms during the Global Financial Crisis," Oliver Neoh and Matthias Nnadi examine the survivorship of technology firms listed on the NASDAQ market during the immediate and post-2008 global financial crisis period and demonstrate the varying roles of accounting valuation and earnings management metrics in the technology industry.

The fourth section, "Banking," includes three chapters. In Chapter 6, "Bank Financial State Analysis and Bankruptcy Risk Forecasting with Application of Fuzzy Neural Networks," Zaychenko Yuriy, Michael Zgurovsky, and Galib Hamidov forecast the bankruptcy risk of Ukrainian and European Banks with artificial neural networks. In Chapter 7, "The Colombian Banking Sector, Analysis from Relative Efficiency," Gloria Rodriguez-Lozano examines the efficiency of Colombian banks with data envelopment analysis. In Chapter 8, "Sustainability in Indebtedness: A Proposal for a Treaty-Based Framework in Sovereign Debt Restructuring," Sison Maximo Paulino T. Sison III proposes a framework for debt restructuring in United Nations General Assembly Resolution 69/319.

**II**

**Chapter 7 105**

**Chapter 8 123**

Sustainability in Indebtedness: A Proposal for a Treaty-Based Framework in

The Colombian Banking Sector: Analysis from Relative Efficiency

*by Gloria Rodriguez-Lozano*

Sovereign Debt Restructuring *by Maximo Paulino T. Sison III* We would like to express our sincere gratitude to all the authors for their contributions. The successful completion of this book is the result of cooperation among many people. We would like to thank Ms. Rozmari Marijan and Mr. Edi Lipović, Author Service Managers at IntechOpen, for their support during the publishing process.
