2022

最新文章

• How Far Will Managers Go to Look Like a Good Steward? An Examination of Preferences for Trustworthiness and Honesty in Managerial Reporting† AI翻译
  作者：Abdel-Rahim, Heba Y.; Hales, Jeffrey; Stevens, Douglas E.
  作者单位：University System of Ohio; University of Toledo; University of Texas System; University of Texas Austin; University System of Georgia; Georgia State University
  摘要：Growing calls for expanded disclosure on managerial stewardship raise important questions about how finer (i.e., disaggregated) reporting, when paired with discretion over classification, will influence managerial behavior. To study this question, we develop an investment game in which, if the investor chooses to invest, the manager privately observes production costs, chooses their personal pay, and provides a cost report in one of three reporting regimes: aggregated, disaggregated without di...
• Who Gets to Play Dirty? Using Legitimacy Theory to Examine Investor Reactions to Differing Modes of Corporate Tax Minimization AI翻译
  作者：Gillette, Davidson B.; Stinson, Shane R.
  作者单位：University of North Carolina; East Carolina University; University of Alabama System; University of Alabama Tuscaloosa
  摘要：This study examines how information about a corporation's tax minimization activities and primary operations jointly influence investor behavior. Prior research identifies fear of investor backlash as a primary curb on corporations' tax minimization. However, evidence for such reactions remains mixed. Drawing on the psychological framework of legitimacy theory, we predict and find that the interaction between operations-level validity and tax-level propriety influences investor behavior. For c...
• A Tale of Two Supervisors: Compliance with Risk Disclosure Regulation in the Banking Sector* AI翻译
  作者：Bischof, Jannis; Daske, Holger; Elfers, Ferdinand; Hail, Luzi
  作者单位：University of Mannheim; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of Pennsylvania
  摘要：We examine how the presence of multiple supervisory agencies affects firm-level compliance in form and substance with disclosure regulations. This analysis is important because coordination problems among regulators are frequently present in practice but often overlooked in academic research. We exploit that banks are subject to equivalent risk disclosure rules under securities laws (IFRS 7) and banking regulation (Pillar 3 of the Basel II Accord) but that different regulators start enforcing ...
• Labor Market Benefit of Disaggregated Disclosure AI翻译
  作者：Cao, Sean; Li, Yinghua; Ma, Guang
  作者单位：University System of Maryland; University of Maryland College Park; Arizona State University; Arizona State University-Tempe; McGill University
  摘要：Asymmetric information is a fundamental friction that results in mismatches and efficiency losses in the labor market. In this study, we posit that more disaggregated financial disclosure by a CEO candidate's prior employer can help the hiring firm better assess the possible fit between its operational needs and the candidate's skill set. Using a mandatory segment reporting reform in the United States (SFAS 131) as an exogenous shock to disclosure disaggregation, we find a significant increase...
• Short Interest and Corporate Investment: Evidence from Supply Chain Partners† AI翻译
  作者：Chen, Xia; Gong, Guojin; Luo, Shuqing
  作者单位：Singapore Management University; University of Connecticut; University of Hong Kong
  摘要：We investigate whether short interest affects supply chain partners' investments. This investigation is important for understanding the real effect of short sellers in facilitating stakeholders' investment decisions. Prior research suggests that short interest conveys negative news in a timely manner, which predicts future deterioration in firm fundamentals. We predict and find that a supplier's future investments decrease with its major customers' short interest. Consistent with predictions, ...
• The Role of Timing and Management's Remediation Actions in Preventing Failed Remediation of Material Weaknesses in Internal Controls* AI翻译
  作者：Imdieke, Andrew J.
  作者单位：University of Notre Dame
  摘要：Prior research finds that signals of remediation of internal control weaknesses do not guarantee that all weaknesses are fully resolved. However, why certain remediation strategies fail is unclear. This study examines how remediation timing and actions affect the likelihood of a failed remediation. I predict and find that the likelihood of a failed remediation is decreasing in both the time a company takes to remediate and in the extent of remediation actions employed. Importantly, this study ...
• The Importance of Clarification of Auditors' Responsibilities Under the New Audit Reporting Standards AI翻译
  作者：Backof, Ann G.; Bowlin, Kendall; Goodson, Brian M.
  作者单位：University of Virginia; University of Mississippi; Clemson University
  摘要：Given the uncertainty regarding auditors' responsibilities, standard setters considered the need for clarification of technical terms such as reasonable assurance in the new audit reporting models. The PCAOB ultimately decided to exclude clarifying language from its final standard, while the Auditing Standards Board and IAASB made such language mandatory. Given the difference in reporting models, this study investigates the role clarification of reasonable assurance plays in auditor negligence...
• Linguistic Tensions in a Professional Accounting Field: English Linguistic Capital, Hierarchy, Prestige, and Distinction Among Accountants† AI翻译
  作者：Aburous, Dina; Kamla, Rania
  作者单位：Mission College; Heriot Watt University
  摘要：This study examines the processes by which English linguistic capital is legitimized as integral to professional accountants' distinction, prestige, and status in Jordan. Drawing on 27 interviews, the study reveals the dynamic and mutual interdependency of social hierarchies and Jordanian accountants' agency in embedding the English language in everyday practices and routines. Accountants in senior positions employ English linguistic practices and strategies linked to the global structures of ...
• Walking the Talk? Managing Errors in the Audit Profession AI翻译
  作者：Gold, Anna; Detzen, Dominic; Van Mourik, Oscar; Wallage, Philip; Wright, Arnold
  作者单位：Vrije Universiteit Amsterdam; Norwegian School of Economics (NHH); University of Amsterdam; Northeastern University
  摘要：Errors reflect unintended deviations from plans or goals and commonly carry negative connotations. Although errors cannot be eliminated, they offer opportunities for learning and innovation. Audit firms employ powerful mechanisms, such as review processes, to prevent or detect audit errors and safeguard their work in the public interest. At the same time, the profession recognizes positive long-term outcomes of errors in terms of continuous learning to enhance auditor skills and, ultimately, a...
• Evidence-Informed Audit Standard Setting: Exploring Evidence Use and Knowledge Transfer* AI翻译
  作者：Hoang, Kris; Luo, Yi; Salterio, Steven E.
  作者单位：University of Alabama System; University of Alabama Tuscaloosa; Toronto Metropolitan University; Queens University - Canada
  摘要：Academics and practitioners agree that there are substantial barriers to systematically transferring audit research knowledge to policy-makers. We adopt a design science approach to investigate the efficacy of employing a research synthesis, embedded in an interactive process with audit standard setters, to transfer such knowledge. We identify a standard-setting issue that, we argue, is typical of the class of problems encountered by both parties when attempting knowledge transfer. Following d...