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作者：Commerford, Benjamin P.; Hermanson, Dana R.; Houston, Richard W.; Peters, Michael F.
作者单位：University of Kentucky; University System of Georgia; Kennesaw State University; University of Alabama System; University of Alabama Tuscaloosa; Villanova University
摘要：Differentiating real earnings management (REM) from normal business decisions poses a unique challenge for auditors, researchers, and investors. The ambiguity associated with REM, and the fact that REM does not violate GAAP, may explain why its use is on the rise. While some assert that auditors are not, and should not be, concerned with REM, recent research suggests that REM may influence some auditor judgments. Using Correspondent Inference Theory (CIT) as our theoretical framework, we exten...
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作者：Dekeyser, Simon; Gaeremynck, Ann; Willekens, Marleen
作者单位：KU Leuven; BI Norwegian Business School
摘要：Using a proprietary data set consisting of all private firm audit engagements in 2000 from one Big 4 firm in Belgium, we investigate (i) whether audit office industry scale is associated with a reduction of total, partner, and staff audit hours and thus with efficiency gains triggered by organizational learning from servicing more clients in an industry and (ii) whether the extent of efficiency pass-on from the auditor to its clients depends on the audit firm's market power. We find that audit...
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作者：Cheng, Qiang; Du, Fei; Wang, Brian Yutao; Wang, Xin
作者单位：Singapore Management University; University of Illinois System; University of Illinois Urbana-Champaign; Renmin University of China; University of Hong Kong
摘要：We examine the stock price impact of corporate site visits using a unique data set of site visits to listed firms in China. Our main findings are as follows. First, the market reaction around corporate site visits is statistically and economically significant and is stronger for group visits, visits conducted by mutual fund managers, visits covering accounting and finance topics, visits to firms with poor information environments, and visits to manufacturing firms. Second, the stock returns ar...
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作者：Atwood, T. J.; Lewellen, Christina
作者单位：University of Arkansas System; University of Arkansas Fayetteville; North Carolina State University
摘要：We investigate whether tax avoidance and manager diversion are complementary when the costs of diversion are low by comparing dividend payouts, performance, and overinvestments of tax haven firms versus other multinational firms based in countries with weak and strong investor protections. Desai and Dharmapala (2006, 2009a, b) and Desai et al. (2007) set forth a theory of tax avoidance within an agency framework (the D&D theory) based on the assumption that tax avoidance and manager diversion ...
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作者：Abernethy, Margaret A.; Kuang, Yu Flora; Qin, Bo
作者单位：University of Melbourne
摘要：We examine whether a firm's strategic priorities influence its selection of a new CEO and what conditions enable such an appointment to add value to the firm. More specifically, this study investigates the value-adding effect when prospector firms (i.e., those pursuing a prospector-type strategy) select a CEO with high social capital. We argue that uncertainty, driven by a firm's strategy, will determine the decision to select a CEO with high social capital; such CEOs can use their networks to...
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作者：Bauer, Tim D.; Estep, Cassandra; Malsch, Bertrand
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Waterloo; Emory University; Queens University - Canada
摘要：While prior research focuses on the audit team made up of auditors, we focus on the collective audit team made up of auditors and specialists-in our context, information technology (IT) specialists. Complex systems in today's audits and researcher and regulator concerns regarding ineffective coordination and communication between the two specializations motivate better understanding of this collective audit team. We investigate how auditors and IT specialists perceive their relationship and ho...
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作者：Kabureck, Gary
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作者：Cade, Nicole L.; Koonce, Lisa; Mendoza, Kim I.
作者单位：University of Texas System; University of Texas Austin; University of Illinois System; University of Illinois Urbana-Champaign
摘要：In this paper, we investigate whether the current references to probability in standard setters' conceptual definitions of assets and liabilities cause individuals to believe that the probability of a future transfer of economic benefits must be above some meaningful threshold for an asset or a liability to exist-a belief that is contrary to standard setters' intent. Results of multiple experiments indicate that the majority of individuals do use a high probability threshold to determine asset...
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作者：Cheng, Shijun; Felix, Robert; Indjejikian, Raffi
作者单位：Shanghai Jiao Tong University; University System of Maryland; University of Maryland College Park; University System of Maryland; University of Baltimore; University of Michigan System; University of Michigan
摘要：We find that firms are less likely to report an internal control material weakness (as mandated by the Sarbanes-Oxley Act) in a given year if one of their audit committee members is concurrently on the board of a firm that disclosed a material weakness within the prior three years. We find a similar spillover effect for financial restatement disclosures. The spillover from material weakness disclosures is evident only if a shared director has more experience with the disclosing firm or can cha...
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作者：Parker, Lee D.; Jeacle, Ingrid
作者单位：Royal Melbourne Institute of Technology (RMIT); University of Glasgow; University of Edinburgh
摘要：The office has been a central site of organizational planning, accountability, and control since the 19th century. Yet it has been the subject of relatively little accounting research. Through the dual theoretical lenses of Foucaultian and Labour Process theories, this study employs historical photo-elicitation methodology to investigate the implementation of management control and accountability in the scientifically managed office which emerged in the United States during the late 19th and e...
