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作者：Bloomfield, Robert; Nelson, Mark W.; Soltes, Eugene
作者单位：Cornell University; Harvard University
摘要：In the published proceedings of the first Journal of Accounting Research Conference, Vatter [1966] lamented that Gathering direct and original facts is a tedious and difficult task, and it is not surprising that such work is avoided. For the fiftieth JAR Conference, we introduce a framework to help researchers understand the complementary value of seven empirical methods that gather data in different ways: prestructured archives, unstructured (hand-collected) archives, field studies, field exp...
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作者：Acharya, Viral V.; Ryan, Stephen G.
作者单位：New York University
摘要：The use of accounting measures and disclosures in banks' contracts and regulation suggests that the quality of banks' financial reporting is central to the efficacy of market discipline and nonmarket mechanisms in limiting banks' development of debt and risk overhangs in economic good times and in mitigating the adverse consequences of those overhangs for the stability of the financial system in downturns. This essay examines how research on banks' financial reporting, informed by the financia...
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作者：Kanodia, Chandra; Sapra, Haresh
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Chicago
摘要：Accounting measurement and disclosure rules have a significant impact on the real decisions that firms make. In this essay, we provide an analytical framework to illustrate how such real effects arise. Using this framework, we examine three specific measurement issues that remain controversial: (1) How does the measurement of investments affect a firm's investment efficiency? (2) How does the measurement and disclosure of a firm's derivative transactions affect a firm's choice of intrinsic ris...
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作者：Leuz, Christian; Wysocki, Peter D.
作者单位：University of Chicago; National Bureau of Economic Research; University of Miami
摘要：This paper discusses the empirical literature on the economic consequences of disclosure and financial reporting regulation, drawing on U.S. and international evidence. Given the policy relevance of research on regulation, we highlight the challenges with (1) quantifying regulatory costs and benefits, (2) measuring disclosure and reporting outcomes, and (3) drawing causal inferences from regulatory studies. Next, we discuss empirical studies that link disclosure and reporting activities to fir...
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作者：Christensen, Hans B.; Nikolaev, Valeri V.; wittenberg-Moerman, Regina
作者单位：University of Chicago; University of Southern California
摘要：This paper reviews theoretical and empirical work on financial contracting that is relevant to accounting researchers. Its primary objective is to discuss how the use of accounting information in contracts enhances contracting efficiency and to suggest avenues for future research. We argue that incomplete contract theory broadens our understanding of both the role accounting information plays in contracting and the mechanisms through which efficiency gains are achieved. By discussing its rich ...
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作者：Gow, Ian D.; Larcker, David F.; Reiss, Peter C.
作者单位：Harvard University; Stanford University
摘要：This paper examines the approaches accounting researchers adopt to draw causal inferences using observational (or nonexperimental) data. The vast majority of accounting research papers draw causal inferences notwithstanding the well-known difficulties in doing so. While some recent papers seek to use quasi-experimental methods to improve causal inferences, these methods also make strong assumptions that are not always fully appreciated. We believe that accounting research would benefit from mo...
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作者：Floyd, Eric; List, John A.
作者单位：Rice University; University of Chicago; National Bureau of Economic Research
摘要：The gold standard in the sciences is uncovering causal relationships. A growing literature in economics utilizes field experiments as a methodology to establish causality between variables. Taking lessons from the economics literature, this study provides an A-to-Z description of how to conduct field experiments in accounting and finance. We begin by providing a user's guide into what a field experiment is, what behavioral parameters field experiments identify, and how to efficiently generate ...
