-
作者：Fredriksson, Antti; Hay, David; Karjalainen, Jukka; Maghakyan, Arpine; Niemi, Lasse
作者单位：University of Turku; University of Auckland; Aalto University; University of Eastern Finland; University of Glasgow
摘要：This study examines whether better performance on the Certified Public Accountant (CPA) exam is associated with an auditor's career success and whether any relation differs based on gender. Our study adds to prior studies on the career development of auditors by showing that the auditor's performance on the exam predicts success during the auditor's career. Although there is little difference in the average CPA exam scores of male versus female auditors, we document gender differences in the r...
-
作者：Bamber, Matthew; Nappert, Pier-Luc
作者单位：York University - Canada; Laval University
摘要：Management teams often avoid answering questions during conference call question and answer sessions (Q&As). Viewing this as an information asymmetry issue, accounting scholars have suggested that this behavior is ill-advised and that non-answers signal to investors the suppression of bad news. In this article, we demonstrate that this argument lacks nuance. Instead, we argue that answers and non-answers necessarily coexist and are codependent. Our contribution stems from our social interactio...
-
作者：Gu, Tracy; Hui, Kai Wai; Jiang, Yingzhen; Simunic, Dan A.
作者单位：University of Hong Kong; University of Macau; Simon Fraser University; University of British Columbia
摘要：We analyze whether and how the perceived federal-level legal liability linked to federal judge ideology is associated with the likelihood of firms receiving going-concern modified audit opinions and analyze the differential effects on Big 4 and non-Big 4 auditors. We find that Big 4 and non-Big 4 auditors converge in their going-concern reporting decisions in circuits with more liberal judges. This convergence is caused by the greater effect of judge ideology on non-Big 4 auditors. Furthermore...
-
作者：Ahrens, Thomas; Ferry, Laurence
作者单位：United Arab Emirates University; Durham University; Rutgers University System; Rutgers University New Brunswick
摘要：Recent research into the uses of accounting as a technology of government has used Foucault's notion of counter-conduct to shed light on various ways in which the governed can seek to alter the regimes to which they are subjected. This paper unpacks the notion of counter-conduct further in order to develop a clearer conceptualization of how regimes of government can change over time, with or without clearly identifiable attempts by the governed to influence such changes. We develop our argumen...
-
作者：Li, Xuanbo; Lou, Yun; Wang, Rencheng; Zhou, Kaitang
作者单位：City University of Hong Kong; Singapore Management University; Wuhan University
摘要：We examine how common institutional investors (CIIs) facilitate the financial reporting comparability (FRC) of US firms. Common ownership increases FRC of firms that are directly owned by CIIs (via a direct effect) and has positive spillover effects on other firms in the same industry. We find spillover effects in two types of firms: (1) those that are commonly owned by different institutional investors but are connected through common firms, and (2) those that do not have any common ownership...
-
作者：Hou, Fangfang; Ng, Jeffrey; Xu, Xinpeng; Zhang, Janus Jian
作者单位：Xiamen University; University of Hong Kong; Hong Kong Polytechnic University; Hong Kong Baptist University
摘要：Lenders are reluctant to finance firms' innovation activities because such activities tend to be opaque, with a high likelihood of negative outcomes that could hamper loan repayment. We posit that public credit registries (PCRs), which play an important role in credit information sharing in many countries, can facilitate financing by reducing adverse selection and moral hazard and increasing bank competition. Using the staggered establishment of PCRs in different countries and an international...
