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作者：Dong, Ting; Kallunki, Juha-Pekka; Nilsson, Henrik; Vanstraelen, Ann
作者单位：Stockholm School of Economics; University of Oulu; Aalto University; Maastricht University; University of Antwerp
摘要：Leadership is considered a core competency for auditors. This study examines how auditors' leadership ability affects their labor market outcomes and audit firm performance. Using Swedish military data on qualified auditors (CPAs), we first show that auditors' leadership ability, measured at around age 18, is a strong predictor of their income and career success. However, our results also suggest that the audit labor market compensates for auditors' leadership ability at a much later stage tha...
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作者：Krishnan, Jagan; Li, Meng; Park, Hyun Jong
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Texas System; University of Texas Arlington
摘要：We examine whether auditor political connections are associated with the SEC's oversight of audit clients. Specifically, we test whether auditors' political action committee contributions are associated with three SEC oversight actions: comment letters, investigations, and Accounting and Auditing Enforcement Releases (AAERs). Consistent with higher political connections inducing heightened scrutiny from the SEC, we find that the clients of auditors with higher political connections are more li...
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作者：Johnson, Joseph A.; Kelly, Khim; Olczak, Wioleta
作者单位：University of South Carolina System; University of South Carolina Columbia; State University System of Florida; University of Central Florida; Marquette University
摘要：The provision of more frequent feedback to employees is increasing, although prior research has found mixed results as to the effect of increased feedback frequency on employee performance. Narcissism research identifies narcissistic oversensitivity as a key narcissistic subdimension that may result in particularly strong responses to performance feedback. We predict and find in an experiment that increased performance feedback frequency has a more negative impact on the performance accuracy o...
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作者：Dyreng, Scott D.; Hills, Robert W.; Lewellen, Christina M.; Lindsey, Bradley P.
作者单位：Duke University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; North Carolina State University; Utah System of Higher Education; Utah State University
摘要：Academic research investigating the economic consequences of tax avoidance is almost always interested in the consequences of intentional, deliberate actions undertaken to reduce taxes relative to income. Therefore, it is crucial that such research distinguishes between intentional and incidental tax avoidance, since failure to do so can create endogeneity concerns and lead to incomplete and incorrect economic inferences. In this paper, we first develop a framework that conceptually defines an...
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作者：Gutierrez, Elizabeth; Minutti-Meza, Miguel; Tatum, Kay W.; Vulcheva, Maria
作者单位：Universidad de Chile; University of Miami; State University System of Florida; Florida International University
摘要：The United Kingdom mandated expanded audit reports in two waves, starting in 2013 and 2017, respectively. Prior studies of the first wave, which included large and highly regulated companies, concluded that expanded reports have limited incremental value. We focus on the second wave, which included companies listed on the Alternative Investment Market (AIM). The AIM is characterized by emerging companies that are smaller, riskier, and subject to lighter regulatory requirements and to private m...
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作者：Sealy, Chezham (Chez) L.; Simon, Chad A.
作者单位：University of Alabama System; University of Alabama Tuscaloosa; Utah System of Higher Education; Utah State University
摘要：Financial reporting fraud continues to cost companies millions of dollars annually and is a major source of concern for regulators, stakeholders, and auditors. While academic research has largely focused on external auditors' fraud detection efforts, we analyze whether auditors can help prevent occurrences of fraud through low-cost reputational signals of higher strategic reasoning; strategic reasoning refers to strategies that individuals take in light of the anticipated actions of others (se...
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作者：Si, Fangbo; Yu, Xiaoxu; Zhang, Huai
作者单位：Jinan University; Central University of Finance & Economics; Nanyang Technological University
摘要：Our study reveals that financial analysts issue more pessimistic forecasts for their investment banking clients' competitors than for unrelated firms. Our evidence is consistent with this behavior stemming from analysts' strategic incentives rather than their true beliefs. We find that analysts' pessimism for the client's competitors is more pronounced when the client is more important to analysts' brokerage houses, when high uncertainty prevents competitors from detecting analysts' strategic ...
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作者：Christensen, Derek; Lynch, Daniel P.; Partridge, Clay
作者单位：University of Oregon; University of Wisconsin System; University of Wisconsin Madison; University System of Ohio; Ohio State University
摘要：Prior literature on the relationship between financial reporting and investment efficiency generally overlooks the connection between firms' financial and managerial reporting systems. As a result, it is difficult to determine whether increases in the quality of firms' internal information environments (IIQ) and/or the quality of their external information environments (EIQ) explain improvements in investment efficiency following financial reporting changes. Leveraging the transition window to...
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作者：Koonce, Lisa; Toynbee, Sara; White, Brian J.
作者单位：University of Texas Austin; University of Texas System; University of Texas Austin; Cornell University
摘要：Academic and anecdotal evidence suggests that acquirers prefer to record higher goodwill values in business combinations so they can benefit from higher post-acquisition earnings when goodwill is only tested for impairment. We conduct multiple experiments to test the hypothesis that this perspective ignores two costs that acquirers may also consider. Specifically, goodwill generally carries negative market perceptions and is associated with a risk of costly future impairment losses. Our result...
