4期

最新文章

• The Use of Collaborative Interfirm Contracts in the Presence of Task and Demand Uncertainty: A Discussion AI翻译
  作者：Chua, Wai Fong
  作者单位：University of New South Wales Sydney
• Teams, Leaders, and Performance Measures AI翻译
  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...
• Discussion of Do CFOs Have Style? An Empirical Investigation of the Effect of Individual CFOs on Accounting Practices AI翻译
  作者：Krische, Susan D.
  作者单位：American University
• Corporate Frugality: Theory, Measurement and Practice AI翻译
  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,...
• Discussion of The Relationship between Perceived Tone at the Top and Earnings Quality AI翻译
  作者：Bedard, Jean
  作者单位：Laval University
• The Relation between Expected Returns, Realized Returns, and Firm Risk Characteristics AI翻译
  作者：Botosan, Christine A.; Plumlee, Marlene A.; Wen, He
  作者单位：Utah System of Higher Education; University of Utah
  摘要：Existing literature employs two approaches to assess the validity of alternative proxies for firm-specific cost of equity capital. One approach relies on the theoretical link between future realized returns and cost of equity capital, while the second approach relies on the theoretical link between cost of equity capital and priced risk. The results of these two streams of literature are conflicting. The first approach provides no support for the construct validity of any of the cost of equity...
• Information Externalities along the Supply Chain: The Economic Determinants of Suppliers' Stock Price Reaction to Their Customers' Earnings Announcements AI翻译
  作者：Pandit, Shail; Wasley, Charles E.; Zach, Tzachi
  作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Rochester; University System of Ohio; Ohio State University
  摘要：We study the economic determinants of the information externality suppliers experience at the time of their customers' earnings announcements. We measure the information externality as the suppliers' stock price reaction to the announcements. We find that the information externalities are increasing in the magnitude of the new information disclosed by customers; the strength of the economic bond between the firms; components of the customers' earnings information; the level of market uncertain...
• Discussion of Short Interest as a Signal of Audit Risk AI翻译
  作者：Willekens, Marleen
  作者单位：KU Leuven
• Short Interest as a Signal of Audit Risk AI翻译
  作者：Cassell, Cory A.; Drake, Michael S.; Rasmussen, Stephanie J.
  作者单位：University of Arkansas System; University of Arkansas Fayetteville; University System of Ohio; Ohio State University; University of Texas System; University of Texas Arlington
  摘要：Evidence from the accounting and finance literatures suggests that short sellers are sophisticated users of financial information who target firms with suspect financial reporting. This literature provides evidence that short sellers take positions in firms before their accounting problems are publicly revealed through SEC enforcement actions, restatements, or lawsuits. Thus, we investigate whether short interest (total shares sold short scaled by total shares outstanding) provides a signal of...
• Discussion of Information Externalities along the Supply Chain: The Economic Determinants of Suppliers' Stock Price Reaction to Their Customers' Earnings Announcements AI翻译
  作者：Dietrich, J. Richard
  作者单位：University System of Ohio; Ohio State University