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作者：Armstrong, Christopher; Blackburne, Terrence
作者单位：University of Pennsylvania
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作者：Asare, Stephen Kwaku; Wright, Arnold
作者单位：State University System of Florida; University of Florida; Northeastern University
摘要：We develop and test a model that links internal control over financial reporting (ICOFR) disclosures to users' confidence in the standard audit report (SAR) on the financial statements. The model suggests that users' confidence in the SAR is determined by the consistency of the message conveyed by the two audit reports. Based on this model, we hypothesize that users' confidence in the SAR is lower in the presence of an entity-level material weakness compared to an account-specific material wea...
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作者：Zerni, Mikko
作者单位：University of Vaasa
摘要：Utilizing a data set on the client portfolios of the Big 4 audit partners in Sweden, this study examines auditor specialization and pricing at the individual partner level. Consistent with the view that there are returns on investing in specialization, the analysis of audit fees indicates that both audit partner industry specialization and specialization in large public companies are recognized and valued by financial statement users and/or by corporate insiders, resulting in higher fees withi...
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作者：Balachandran, Sudhakar V.; Joos, Peter; Weber, Joseph
作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; Massachusetts Institute of Technology (MIT)
摘要：We provide evidence on the efficiency of shareholder voting as a control mechanism by examining the decision by firms to adopt equity-based compensation plans with or without shareholder approval and by investigating the relation between shareholder approval of equity-based compensation plans and firm performance in the future. In our first analysis, we find that firms that are more likely to have equity-based compensation plans rejected are also more likely to adopt plans without shareholder ...
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作者：Denison, Christine A.; Farrell, Anne M.; Jackson, Kevin E.
作者单位：Iowa State University; University System of Ohio; Miami University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：While academic and practitioner literature has advocated the use of real options in firms' long-term investment appraisal processes, few studies have examined the extent to which real options are incorporated into decisions when they are available for decision making. Using two experiments, we examine supervising managers' reliance on real options values in judgments about funding subordinates' long-term investment projects. We predict and find with Experiment 1 that, when making funding decis...
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作者：Stocken, Phillip C.
作者单位：Dartmouth College
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作者：Neu, Dean
作者单位：York University - Canada
摘要：Little is known about how accounting and the employment of workers, both legal and illegal, interact in the modern market economy. Starting from the assumption that accounting-informed institutional regulations both organize and come to define particular forms of economic activity, the study first documents these regulations in one developed economy. The study then examines the strategies used by employers and workers without documents to work within and around these regulations. The study sho...
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作者：Jorgensen, Bjorn N.; Kirschenheiter, Michael T.
作者单位：University of Colorado System; University of Colorado Boulder; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
摘要：We consider two managers' sequential disclosure strategies. We show how the lead disclosing firm's manager chooses his strategy anticipating the subsequent disclosure choice by a second firm's manager. Prior studies of a single firm offer little insight into how sequential disclosure strategies interact. We show how strategies of both the leader and the follower depend on their signals' correlation. For imperfectly and positively correlated signals, the follower benefits from the leader's disc...
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作者：Bhattacharjee, Sudip; Moreno, Kimberly K.; Riley, Tracey
作者单位：Virginia Polytechnic Institute & State University; Northeastern University; Suffolk University
摘要：Research has found that auditors are sensitive to source reliability factors, primarily focusing on competence, objectivity, and integrity. However, psychology research suggests that other source characteristics can influence persuasion. Little auditing research to date has examined other source factors that can impact persuasion on their own or, more importantly, how they may interact with known source characteristics like competence and objectivity to influence audit judgment. One such sourc...
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作者：Yetman, Michelle H.; Yetman, Robert J.
作者单位：University of California System; University of California Davis
摘要：A significant body of research has examined the effects of governance on reporting quality in the for-profit setting, yet we know little of the relationship in the nonprofit setting. Our paper examines the extent to which various governance mechanisms improve nonprofit reporting quality across a broad sample of nonprofit organizations. The financial disclosure we examine is the ratio of charitable expenses to total expenses, which is one of the most widely used financial metrics to measure non...
