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作者：Schneider, Thomas E.
作者单位：University of Alberta
摘要：In order to provide evidence as to whether environmental performance significantly affects bond pricing, this paper explores a cross-section of firms in two industries where it is expected that ongoing environmental performance will play a role in future financial performance. I present evidence that a firm's environmental performance is a significant determinant of its bond prices. However, as bond quality increases, environmental performance fades as a determinant of bond pricing, and for hi...
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作者：Chua, Wai Fong
作者单位：University of New South Wales Sydney
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作者：Rothenberg, Naomi R.
作者单位：United States Department of Defense; United States Navy; Naval Postgraduate School
摘要：This paper studies the effect of leadership on the ability to promote cooperation in teams through the performance measurement system. Performance measurement of teams can promote cooperation by rewarding team success, or can emphasize and reward individual success, by promoting competition via relative performance evaluation. In order to highlight the tradeoff between individual and group incentives, I consider the impact of leadership, where one agent with private productivity information ac...
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作者：Krische, Susan D.
作者单位：American University
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作者：Banker, Rajiv D.; Huang, Rong; Natarajan, Ramachandran
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; City University of New York (CUNY) System; Baruch College (CUNY); University of Texas System; University of Texas Dallas
摘要：In this paper we investigate how incentives affect managers' input resource expenditure decisions and how firms make equity grant decisions considering managerial behavior. Focusing on selling, general, and administrative (SG&A) expenditure, we first document that SG&A expenditure creates future value that varies across firms and industries. We hypothesize and find that new equity incentives lead to an increase in SG&A expenditure in companies where SG&A creates a high future value. The extent...
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作者：Chen, Hanwen; Chen, Jeff Zeyun; Lobo, Gerald J.; Wang, Yanyan
作者单位：Xiamen University; University of Colorado System; University of Colorado Boulder; University of Houston System; University of Houston
摘要：We examine the effects of audit quality on earnings management and cost of equity capital for two groups of Chinese firms: state-owned enterprises (SOEs) and non-state-owned enterprises (NSOEs). The differences in the nature of the ownership, agency relations and bankruptcy risks lead SOEs to have weaker incentives than NSOEs to engage in earnings management. As a result, the effect of audit quality in reducing earnings management will be greater for NSOEs than for SOEs. In addition, investors...
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作者：Nicolaou, Andreas I.; Sedatole, Karen L.; Lankton, Nancy K.
作者单位：University System of Ohio; Bowling Green State University; Michigan State University; Marshall University
摘要：This study examines the relation between technology-enabled information system integration (ISI), a mechanism for information sharing in an alliance, and partner trust in the context of how the system's information is used for control and coordination purposes. Prior research suggests both increasing and decreasing effects of ISI on trust and provides few insights regarding the mechanisms by which integrated information systems affect trust. In this study, we develop and empirically test a mod...
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作者：Anderson, Shannon W.; Lillis, Anne M.
作者单位：University of California System; University of California Davis; University of Melbourne
摘要：This paper uses a mix of field research and survey methods to provide evidence on the existence of frugality as a company characteristic. We define corporate frugality as an enduring corporate trait of consistent, disciplined management of spending to achieve long term strategic objectives and sustainable profits. Drawing upon established scales of frugality in the literature on consumer psychology, we develop and validate a multi-item measure of corporate frugality. Like individual frugality,...
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作者：Paterson, Jeffrey S.; Valencia, Adrian
作者单位：State University System of Florida; Florida State University; State University System of Florida; Florida Gulf Coast University
摘要：Our study investigates the relationship between auditor-provided nonaudit services (NAS) and financial restatements. We extend previous research by distinguishing recurring and nonrecurring NAS when examining the association between NAS and restatements. We make the distinction between recurring and nonrecurring engagements for each of the three types of NAS: tax, audit related, and other. Our results indicate that recurring tax services are the only NAS negatively associated with restatements...
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作者：Wouters, Marc; Roijmans, Diana
作者单位：University of Twente
摘要：We investigate enabling performance measurement systems (PMS) in operations, that is, systems that are perceived by employees as assisting with their daily work. We contrast enabling PMS with those that are primarily a control device by senior management. Previous research in accounting suggests that the development of enabling PMS requires room for experimentation by users, as well as cross-functional knowledge integration. How this can be done has received less attention. Building on the new...
