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作者：Bianchi, Pietro A.; Causholli, Monika; Minutti-Meza, Miguel; Sulcaj, Valbona
作者单位：State University System of Florida; Florida International University; University of Kentucky; University of Miami; University of Texas System; University of Texas El Paso
摘要：Social network analysis (SNA) examines whether interactions between individuals, teams, and organizations result in network structures and patterns that can explain important outcomes, including firm performance, management reporting behaviors, investor beliefs, and audit outcomes. This paper reviews the growing body of work on SNA in accounting and finance research, focusing on 162 articles published between 2000 and 2021, and offers a roadmap that may help move this literature forward. Our s...
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作者：Kamla, Rania
作者单位：Heriot Watt University
摘要：By conducting in-depth interviews with 40 migrant and local accountants living and working in Dubai, the paper demonstrates how individual accountants draw on the global city as they make sense of and reconstruct professional identities and social boundaries of inclusion/exclusion. The analysis builds on Zygmunt Bauman's three social spacing processes: cognitive, aesthetic, and moral. The findings from lived experiences show that through cognitive spacing, the construction of other nationality...
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作者：Krapp, Michael; Schultze, Wolfgang; Weiler, Andreas
作者单位：University of Augsburg
摘要：We study the relative efficiency of centralized versus decentralized organizational forms given optimized managerial performance evaluation within an incomplete contracting framework with risk-averse agents under moral hazard. Decentralization and performance evaluation are complementary control choices and the efficiency of an organizational form depends on the design of performance evaluation. Divisions can make relationship-specific investments that not only improve firm performance, but al...
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作者：Bhaskar, Lori Shefchik; Majors, Tracie M.; Vitalis, Adam
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Southern California; University of Waterloo
摘要：We use multiple methods to examine how depletion and auditors' skeptical dispositions interact to affect auditors' challenging of managers in negotiations over financial statement amounts. We expect auditors are likely depleted from effortfully exercising self-regulation during the busy times when these negotiations occur. Individuals in a depleted state tilt toward natural, less effortful behaviors. Thus, we posit that the effects of depletion will diverge depending on the auditor's skeptical...
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作者：Hope, Ole-Kristian; Porumb, Vlad-Andrei; Rusanescu, Simona; Vyas, Dushyantkumar
作者单位：University of Toronto; University of Manchester; Alliance Manchester Business School; University of Groningen; University of Toronto
摘要：Corporate spinoffs are important events that are accompanied by valuation and credit-risk implications for the parent firm. Among other benefits, spinoffs can improve corporate focus and enhance valuation transparency. In the debt-contracting context, however, spinoffs can also be associated with negative outcomes for the divesting firms. We examine whether banks, due to their timely access to material private information, are able to ascertain the likelihood and the implications of impending ...
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作者：Giedt, Jenny Zha
作者单位：George Washington University; George Washington University
摘要：This study examines the benefits and costs to a company of publicly announcing that it is seeking a potential sale or merger. I find that the announcement leads to increased market attention and a more robust merger and acquisition sales process-the benefits of improved transparency. However, I also find evidence of the announcement alienating stakeholders and increasing business disruption-the costs of credible disclosure. I document the countervailing valuation effects of these benefits and ...
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作者：Becker, Sebastian D.; Endenich, Christoph
作者单位：Hautes Etudes Commerciales (HEC) Paris; ESSEC Business School
摘要：Entrepreneurial ecosystems play a key role in the development of startups not only by providing support-such as flexible office space and access to skilled employees, mentors, and investors-but moreover by promoting concrete ideals about good entrepreneurship. However, we know less about the role that ecosystems play in managerial practices of startups. In our empirical analysis of management control systems (MCSs) in earliest-stage startups, we witness a strong influence of entrepreneurial id...
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作者：Godsell, David; Jung, Boochun; Mescall, Devan
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Hawaii System; University of Hawaii Manoa; University of Saskatchewan; University of Illinois System; University of Illinois Urbana-Champaign
摘要：A rich literature suggests that investor relations officers (IROs) fulfill a one-way information intermediary role by transmitting firm information to investors. We advance this literature with empirical evidence suggesting IROs are two-way information intermediaries who also return investment efficiency-increasing investor feedback to firm insiders. Exploiting granular investor relations activity data for 1,375 global firms, we document that firm investment efficiency is higher when IROs spen...
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作者：Fung, Simon Yu Kit; Jiang, Like; Pittman, Jeffrey; Wang, Yu; Zhang, Shafu
作者单位：Deakin University; University of Melbourne; Memorial University Newfoundland; Virginia Polytechnic Institute & State University; Dongbei University of Finance & Economics; Hunan University
摘要：We examine whether auditors share private information about some clients in their portfolio to benefit other clients (i.e., brokerage houses). This is a salient issue in China, where there are concerns about auditors leaking information to related parties, and where we observe variation in connectedness between brokerage houses and companies through shared auditors. We document that brokerage houses that share an auditor with a company issue comparatively more accurate earnings forecasts for t...
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作者：Huang, Allen H.; Wang, Hui; Yang, Yi
作者单位：Renmin University of China
摘要：We develop FinBERT, a state-of-the-art large language model that adapts to the finance domain. We show that FinBERT incorporates finance knowledge and can better summarize contextual information in financial texts. Using a sample of researcher-labeled sentences from analyst reports, we document that FinBERT substantially outperforms the Loughran and McDonald dictionary and other machine learning algorithms, including naive Bayes, support vector machine, random forest, convolutional neural netw...
