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• An empirical study of tax audits in China on international transfer pricing AI翻译
  作者：Chan, KH; Chow, L
  作者单位：Hong Kong Polytechnic University; Chinese University of Hong Kong
  摘要：This research studies how Chinese tax authorities implement international transfer pricing legislation. The analysis indicates that tax audits on transfer pricing are confined mainly to medium- and small-sized foreign investments, lower-technology companies and transfer of tangible goods, and tend to focus on certain nationality and forms of foreign investment. Persistent losses, low profitability and lack of local partners in joint venture management most often trigger tax audits. The authori...
• The conservatism principle and the asymmetric timeliness of earnings AI翻译
  作者：Basu, S
  作者单位：City University of New York (CUNY) System; Baruch College (CUNY)
  摘要：I interpret conservatism as resulting in earnings reflecting 'bad news' more quickly than 'good news'. This interpretation implies systematic differences between bad news and good news periods in the timeliness and persistence of earnings. Using firms' stock returns to measure news, the contemporaneous sensitivity of earnings to negative returns is two to six times that of earnings to positive returns. I also predict and find that negative earnings changes are less persistent than positive ear...
• Changes in hospital service mix and cost allocations in response to changes in Medicare reimbursement schemes AI翻译
  作者：Eldenburg, L; Kallapur, S
  作者单位：Hong Kong University of Science & Technology
  摘要：After 1983, Medicare paid hospitals for inpatient services at fixed rates, but continued to reimburse outpatient services based on reported cost. Using data from Washington State we find that hospitals responded by increasing outpatient services to Medicare patients compared to non-Medicare patients-the ratio of Medicare outpatient revenues as a percentage of total Medicare revenues increased after 1983 to a significantly greater extent than for non-Medicare patients. We also find that allocat...
• Earnings management to avoid earnings decreases and losses AI翻译
  作者：Burgstahler, D; Dichev, I
  作者单位：University of Washington; University of Washington Seattle; University of Michigan System; University of Michigan
  摘要：This paper provides evidence that firms manage reported earnings to avoid earnings decreases and losses. Specifically, in cross-sectional distributions of earnings changes and earnings, we find unusually low frequencies of small decreases in earnings and small losses and unusually high frequencies of small increases in earnings and small positive income. We find evidence that two components of earnings, cash flow from operations and changes in working capital, are used to achieve increases in ...