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作者：Srinidhi, Bin N.; Gul, Ferdinand A.
作者单位：Hong Kong Polytechnic University
摘要：This paper examines linkages between audit and nonaudit fees and accrual quality. We measure accrual quality by the Francis, Lafond, Olsson, and Schipper 2005 modification of the Dechow and Dichev 2002 measure. We posit that in settings where audit quality is compromised by a loss of auditor independence, managers use accruals more opportunistically and thereby drive down the accrual quality. Conversely, higher audit effort and quality translate to better accrual quality. Our dependent variabl...
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作者：Ayers, Benjamin C.; Lefanowicz, Craig E.; Robinson, John R.
作者单位：University System of Georgia; University of Georgia; University of Virginia; University of Texas System; University of Texas Austin
摘要：The lock-in effect proposes that capital gains taxes represent transaction costs that increase the reservation price for security owners and, ceteris paribus, reduce trading volume. Consistent with the lock-in effect, previous empirical research documents price and volume reactions to enacted changes in the capital gains tax rate. We investigate whether the volume hypothesis predicted by the lock-in effect extends to corporate acquisition activity. In particular, we analyze whether aggregate c...
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作者：Joe, Jennifer R.; Vandervelde, Scott D.
作者单位：University System of Georgia; Georgia State University; University of South Carolina System; University of South Carolina Columbia
摘要：This study examines whether auditors are able to transfer knowledge from a nonaudit task to an audit task to determine whether performing both tasks potentially improves audit effectiveness. Auditors are presented with nonaudit workpapers indicative of increased audit risk and three different levels of personal involvement with the audit client. Results indicate that auditors who completed the nonaudit task transferred the knowledge about client risks and provided higher audit risk assessments...
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作者：Gibbins, Michael; McCracken, Susan A.; Salterio, Steve E.
作者单位：University of Alberta; University of Toronto; Queens University - Canada
摘要：Auditor-client negotiation about difficult client accounting issues involves both the auditor and the client. On the client side, the chief financial officer (CFO) plays a central role in the financial reporting process, yet is rarely the focus of academic study. This paper reports how a sample of Canadian CFOs viewed the negotiation process and context, using an experiential questionnaire to build on the negotiation model developed and demonstrated for the auditor side of the negotiation by G...
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作者：Kelly, Khim Ong
作者单位：Nanyang Technological University
摘要：This paper examines how adding leading nonfinancial measures to a lagging summary financial measure affects managerial decision making in firms where either intangible assets or tangible assets are more important for future financial performance. Using an experiment, I compare a performance evaluation system (PES) with feedback and incentives on only a summary financial measure to a PES with added feedback on nonfinancial measures and a PES with added feedback and incentives on nonfinancial me...
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作者：Jones, Denise A.
作者单位：William & Mary
摘要：Disclosures about research and development (R&D) activities could potentially help market participants understand the future prospects of R&D-intensive firms, but at the same-time could be costly to make if the disclosure is related to proprietary information. I examine R&D-related disclosures made by R&D-intensive firms in their annual reports, as well as those made throughout the year to financial analysts. I find that the level of R&D-related voluntary disclosure is higher when proprietary ...
