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作者：Li, Liuchuang; Qi, Baolei; Zhang, Ping
作者单位：Xi'an Jiaotong University; University of Toronto
摘要：In this paper, we investigate whether federal judge ideology, ceteris paribus, affects auditor litigation risk and auditor behavior. We find that auditors whose client firms are in jurisdictions dominated by liberal judges are more likely to be sued and make higher payouts to plaintiffs when sued. Furthermore, these client firms are more likely to receive going-concern opinions and pay higher audit fees. Finally, we find no evidence that the quality of audited financial statements is affected ...
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作者：Abernethy, Margaret A.; Hung, Chung-Yu; Jiang, Like
作者单位：University of Melbourne
摘要：Building effective corporate culture is challenging as it requires senior managers to embed shared values within the firm. Yet some firms can do so, and some cannot. This study examines whether managers' career preferences influence manager-employee value misalignment and weaken corporate culture. Career preferences for job-hopping provide incentives for managers to signal their leadership quality in the labor market. We capture managers' and employees' attention allocation across different cu...
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作者：Cowx, Mary; Kerr, Jon N.
作者单位：Arizona State University; Arizona State University-Tempe; Brigham Young University
摘要：The general anti-avoidance rule, or GAAR, is an enforcement mechanism that gives a country's taxing authority broad power to deny a taxpayer tax benefits associated with any transaction. Although GAARs are becoming increasingly common, the presence of a GAAR is generally overlooked by researchers and thus has been left unstudied. In this paper, we provide an initial investigation by studying the effect of GAARs on firm-level corporate tax avoidance behaviors. Using an indicator for the enactme...
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作者：Drujon d'Astros, Caecilia; Morales, Jeremy; Leca, Bernard
作者单位：University of Bristol; ESSEC Business School
摘要：This paper studies accounting and silence. Building on studies of accounting talk and introducing theories of silencing, we highlight the role of accounting silences in the production of engaging organizational conversations. Through a qualitative case study, we identify three forms of silence-the unspeakable, the unsaid, and the inaudible-and their links to accounting. Silences create motivations to engage in further accounting talk, but they also deny certain groups a voice in those conversa...
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作者：Patterson, Evelyn R.; Smith, J. Reed; Tiras, Samuel L.
作者单位：Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要：Since the passage of the Sarbanes-Oxley Act of 2002, many notable frauds have been tied to ineffective audit committee (AC) oversight. As a result, AC oversight is of continuing interest, and regulators continue to debate this issue, garnering a growing body of research focused on the role played by the AC. But little theoretical research exists to guide analytical and empirical researchers investigating AC oversight. The purpose of this study is to provide theoretical guidance by examining AC...
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作者：Li, Guangyu; Spence, Crawford; Chen, Zhong
作者单位：City St Georges, University of London; University of London; King's College London
摘要：Recent research on sell-side analysts emphasizes the centrality of social ties and social interactions to what they do. However, we know little about how analysts create or maintain relationships over both the short and long terms. We remedy that in this qualitative study by illustrating the microlevel processes that analysts engage in as part of developing a network of relations around them. Starting from the premise that economic actions are embedded in social relations and drawing on interv...
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作者：Clune, Conor; Andon, Paul
作者单位：University of New South Wales Sydney
摘要：Drawing on Robert Michels's iron law of oligarchy, this study examines a governance crisis that unfolded at one of the world's largest professional accounting bodies (PABs)-CPA Australia. We leverage Michels's century-old contribution to the social sciences to explore how this crisis sheds light on the challenges that PAB governance arrangements can pose when PAB leadership and membership priorities conflict. By applying Michels's seminal work to theorize the origins, escalation, leadership co...
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作者：McDonough, Ryan P.; Yan, Claire J.
作者单位：Rutgers University System; Rutgers University New Brunswick
摘要：We use the adoption of General Accounting Standards Board Statement No. 34 (GASB 34) to examine whether disclosing information in states' financial reports influences their investment decisions. GASB 34 requires governments to report on general infrastructure assets and permits either the standard depreciation approach or the modified approach. The modified approach requires additional disclosures, a step which we argue promotes greater transparency about a government's infrastructure and can ...
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作者：Saffar, Walid; Wang, Yang; Wei, K. C. John
作者单位：Hong Kong Polytechnic University; University of Sydney; University of Sydney
摘要：We investigate the impact of firm-level political risk on loan contracting. We find that firm-level political risk is positively associated with bank loan cost and that this effect is stronger for firms experiencing increased operational uncertainty and higher default risks. Firm-level political risk also leads to more unfavorable non-pricing loan terms. To alleviate endogeneity concerns, we use an instrumental variable approach and placebo tests. We further find that political connections and...
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作者：Patterson, Evelyn R.; Smith, J. Reed; Tiras, Samuel L.
作者单位：Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要：Since the passage of the Sarbanes-Oxley Act of 2002, many notable frauds have been tied to ineffective audit committee (AC) oversight. As a result, AC oversight is of continuing interest, and regulators continue to debate this issue, garnering a growing body of research focused on the role played by the AC. But little theoretical research exists to guide analytical and empirical researchers investigating AC oversight. The purpose of this study is to provide theoretical guidance by examining AC...
