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作者：Godsell, David
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：Sovereign wealth funds (SWFs) are government-owned institutional investors pursuing political and financial investment objectives. With $8 trillion in assets, SWFs are geopolitical powerbrokers actively participating in global capital markets, yet we know little about the financial reporting consequences of SWF investment. I document evidence supporting the hypothesis that the simultaneous pursuit of political and financial investment objectives renders SWFs weak monitors. Using a staggered di...
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作者：Myers, Linda A.; Schmardebeck, Roy; Seidel, Timothy A.; Stuart, Michael D.
作者单位：University of Tennessee System; University of Tennessee Knoxville; Brigham Young University; Oklahoma State University System; Oklahoma State University - Stillwater
摘要：Although the FASB and IASB conceptual frameworks identify relevance and faithful representation as the fundamental qualitative characteristics of useful information, prior research suggests that revenue recognition accounting standards that restrict managerial discretion resulted in improved faithful representation but reduced relevance. We use the adoption of Accounting Standards Update (ASU) 2009-13 and ASU 2009-14 to examine the effects of increased managerial discretion to accelerate reven...
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作者：Matsumoto, Dawn; Serfling, Matthew; Shaikh, Sarah
作者单位：University of Washington; University of Washington Seattle; University of Tennessee System; University of Tennessee Knoxville
摘要：Because of clear economic links among industry peers, prior work has focused on documenting industry peer effects in various settings. Yet, while links also exist among firms in the same geographic area, few studies document geographic peer effects. We fill this gap by examining whether there are geographic peer effects in management earnings forecasts. We find that the likelihood that a firm voluntarily provides an earnings forecast is sensitive to the extent to which other firms in the same ...
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作者：Kim, Taejin; Kyung, Hangsoo; Ng, Jeff
作者单位：Korea University; Hong Kong Polytechnic University; DePaul University
摘要：This paper examines the relation between the dispersion in pay-performance sensitivities (PPS) among top management team (TMT) members and earnings quality. Prior research suggests that the PPS from executives' equity compensation induce earnings manipulation incentives. Most of this research, however, focuses on the PPS of individual executives, even though the financial reporting process requires the coordination among a broad range of executives. Focusing on the dispersion in PPS among TMTs...
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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...
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作者：Waddoups, Nathan
作者单位：University of Denver
摘要：How employees mentally break up or segment time likely influences key performance behaviors. Thus, it is important to understand how features of the work environment influence the mental time segments employees create. Consistent with my predictions, I provide evidence across four experiments that feedback systems can alter the way employees segment their work time-a process that I refer to as feedback-driven time segmenting. Consistent with the theory of feedback-driven time segmenting, the e...
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作者：Plante, Maude; Maire, Sarah; Pucci, Richard
作者单位：Laval University; IESEG School of Management; Monash University; Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS); Universite de Lille; IESEG School of Management
摘要：This article explores how valuers construct value opinions. Although some implications of out-sourcing valuation to valuers for accounting purposes have been highlighted in the literature, we add a valuer perspective complementing the accountant's standpoint in order to obtain a fuller picture of these ramifications. Drawing on 62 interviews, we study the role of judgment in valuation and find that judgment is largely tied with the sensemaking of valuers. By examining the valuation activities ...
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作者：Tillema, Sandra; Trapp, Rouven; Van Veen-Dirks, Paula
作者单位：University of Groningen; Ulm University
摘要：This study uses a resilience perspective to examine the opportunities and challenges that management accountants may experience when they are given a role as a business partner in risk management. Drawing on insights from an in-depth case study in a large European bank, our study sheds light on management accountants' responses to a change from a compliance-oriented role to a business partner role. In the bank studied, part of the management accountants' new role was to balance various perform...
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作者：Hayne, Christie
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：This study investigates whether and how organizations change their use of management accounting during crisis. The study is important because organizations regularly face significant challenges such as crisis during which the role of management accounting is not well understood. Based on interviews and observation in five private sector organizations and one in the public sector, I find that executives in organizations facing crisis due to a discontinuous and unpredictable environmental change...
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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...
