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作者：Lerman, Alina
作者单位：University of Connecticut
摘要：Online financial communities provide a unique opportunity to directly examine individual investors' attention to accounting information on a large scale and in great detail. I analyze accounting-related content in large samples of Yahoo! message board posts and StockTwits and find investors pay attention to a range of accounting information, fixating particularly on earnings, cash, and revenues. Consistent with the expectation that investors react to relevant information events, I find account...
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作者：Gaertner, Fabio B.; Lynch, Daniel P.; Vernon, Mary E.
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：This study examines the effect of the Tax Cuts and Jobs Act of 2017 (TCJA) on corporate defined benefit pension contributions. The TCJA decreases the corporate tax rate from 35 percent in 2017 to 21 percent in 2018 and thereafter. This change incentivizes firms to increase 2017 pension contributions to take advantage of tax deductions at a higher rate. Consistent with this incentive, we find firms increase defined benefit pension contributions by an average of 25 to 31 percent in 2017 compared...
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作者：Bamber, Matthew; Abraham, Santhosh
作者单位：York University - Canada
摘要：This paper draws on extensive fieldwork to explore the nature, scope, and implications of management preparations for the question and answer session (Q&A) that occurs during a firm's results presentation. Prior literature has associated the value of this encounter with investor-manager interactivity. As such, it is assumed that there are high levels of managerial authorship, ownership, and spontaneity as executives face questions from analysts. Following on, it is generally assumed that this ...
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作者：Free, Clinton; Radcliffe, Vaughan S.; Spence, Crawford; Stein, Mitchell J.
作者单位：University of New South Wales Sydney; Western University (University of Western Ontario); University of London; King's College London
摘要：Previous research has highlighted the crucial roles that accounting plays in both the construction and development of the state. However, only limited attention has been paid to how accounting is both conceived and implemented as a technology of government. Taking a historical perspective, and through extensive archival analysis of the Canadian experience, we explore here the ways in which accounting practices were significantly expanded and elaborated over time. Progressively, accounting was ...
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作者：Newman, Andrew H.; Tafkov, Ivo D.; Zhou, Flora Hailan
作者单位：University of South Carolina System; University of South Carolina Columbia; University System of Georgia; Georgia State University; Bentley University
摘要：Employer-sponsored opportunities for altruism outside the workplace can improve employee engagement and passion within the firm, enhance the firm's corporate visibility, and improve its recruitment. There is limited understanding of whether and how a firm's management control system on employees' daily tasks can influence employee willingness to engage in altruism outside the workplace. In this study, we investigate via an experiment how the incentive scheme (tournament vs. piece rate) on empl...
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作者：Saiewitz, Aaron; Wang, Elaine (Ying)
作者单位：Nevada System of Higher Education (NSHE); University of Nevada Las Vegas; University of Massachusetts System; University of Massachusetts Amherst
摘要：In a globalized audit environment, regulators and researchers have expressed concerns about inconsistent audit quality across nations, with a particular emphasis on Chinese audit quality. Prior research suggests Chinese audit quality may be lower than U.S. audit quality due to a weaker institutional environment (e.g., lower litigation and inspection risk) or cultural value differences (e.g., greater deference to authority). In this study, we propose that lower Chinese audit quality could also ...
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作者：Chan, Kam C.; Jiang, Xuanyu; Wu, Donghui; Xu, Nianhang; Zeng, Hong
作者单位：Zhongnan University of Economics & Law; Western Kentucky University; Central University of Finance & Economics; Chinese University of Hong Kong; Renmin University of China; Chongqing University
摘要：China's split-share reform of 2005 (the Reform) converts the previously restricted shares held by founding shareholders to shares tradable on the open market. Against this backdrop, we study how underwriter-affiliated analysts and firms' large shareholders interact in the event of the latter's sales of restricted shares. We document that recommendations made by affiliated analysts are significantly more optimistic when firms' large shareholders plan to sell their restricted shares. This optimi...
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作者：Bauer, Tim D.; Hillison, Sean M.; Peecher, Mark E.; Pomeroy, Bradley
作者单位：University of Waterloo; Virginia Polytechnic Institute & State University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Prior research documents that auditors fail to revise audit plans to effectively address identified fraud cues. While auditors may understand what evidence would address such cues, we propose that auditors fail to apply this understanding because they use implemental mindsets when making decisions for themselves (i.e., deciding). However, we also propose that auditors use deliberative mindsets when advising. To test our predictions, we assign auditors to a decider or an advisor role in a reali...
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作者：Huang, Jing; Matsunaga, Steven R.; Wang, Z. Jay
作者单位：Virginia Polytechnic Institute & State University; University of Oregon
摘要：We investigate whether potential pension contracting benefits lead institutions that provide pension services to acquire ownership blocks in firms and the implications of such blockholdings on the firms' corporate governance. We use the 2006 Pension Protection Act, which expanded pension participation in certain states, as a quasi-exogenous shock and find an increase in block ownership by pension-providing institutions in firms with substantial operations in affected states. Further, we find t...
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作者：Berglund, Nathan R.
作者单位：Mississippi State University
摘要：There is a maintained assumption within the accounting literature that client bankruptcies preceded by clean audit opinions (Type II going concern opinion (GCO) errors) damage an auditor's reputation. Consistent with this view, the PCAOB proposes that stakeholders may use Type II GCO errors as indicators of low audit quality. This study examines audit committee and investor responses to Type II GCO errors. I find no evidence that audit offices with Type II GCOs are more likely to be dismissed,...
