5期

最新文章

• The Role of Financial Incentives in Balanced Scorecard-Based Performance Evaluations: Correcting Mood Congruency Biases AI翻译
  作者：Ding, Shujun; Beaulieu, Philip
  作者单位：University of Ottawa; University of Calgary
  摘要：Moods are low-intensity affective states that individuals bring to a decision, and may be especially important when the balanced scorecard (BSC) is used for performance evaluation purposes. We propose that financial incentives can motivate decision-makers to correct mood congruency biases, in which judgments and decisions are consistent with moods. In experiment 1, participants rated the performance of one division manager based on two accounting measures and another manager based on a 16-meas...
• Corporate Governance and the Information Content of Insider Trades AI翻译
  作者：Jagolinzer, Alan D.; Larcker, David F.; Taylor, Daniel J.
  作者单位：University of Colorado System; University of Colorado Boulder; Stanford University; University of Pennsylvania
  摘要：Most corporate governance research focuses on the behavior of chief executive officers, board members, institutional shareholders, and other similar parties. Little research focuses on the impact of executives whose primary responsibility is to enforce and shape corporate governance inside the firm. This study examines the role of the general counsel (GC) in mitigating informed trading by corporate insiders. We find that insider trading profits and the predictive ability of insider trades for ...
• Analyst Following and Forecast Accuracy After Mandated IFRS Adoptions AI翻译
  作者：Tan, Hongping; Wang, Shiheng; Welker, Michael
  作者单位：University of Waterloo; Hong Kong University of Science & Technology; Queens University - Canada
  摘要：This study investigates how accounting harmonization affects one particular group of financial statement users-financial analysts. We find that mandatory International Financial Reporting Standards (IFRS) adoption attracts foreign analysts, particularly those from countries that are simultaneously adopting IFRS along with the covered firm's country and those with prior IFRS experience. We also find that mandatory IFRS adoption improves foreign analysts' forecast accuracy. The change in analyst...
• Closing the Loop: Review Process Factors Affecting Audit Staff Follow-Through AI翻译
  作者：Lambert, Tamara A.; Agoglia, Christopher P.
  作者单位：University of Massachusetts System; University of Massachusetts Amherst
  摘要：The PCAOB recently expressed concern regarding the sufficiency and effectiveness of review and supervision of audit fieldwork. For the audit review process to succeed as a quality control mechanism, any issues or questions identified by a reviewer must be adequately resolved and documented in the workpapers. If audit review fails to correct for errors/biases in the work of reviewees, there can be serious detrimental effects on audit quality and, in turn, financial statement quality. Our study ...
• Manager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers AI翻译
  作者：Brochet, Francois; Faurel, Lucile; McVay, Sarah
  作者单位：Harvard University; University of California System; University of California Irvine; Utah System of Higher Education; University of Utah
  摘要：We investigate how managers contribute to the provision of earnings guidance by examining the association between top executive turnovers and guidance. Although firm and industry characteristics are important determinants of guidance, we conclude that CEOs participate in firm-level policy decisions, whereas CFOs are involved in the formation or discussion of guidance. Among firms that historically issued frequent guidance, breaks in guidance following CEO turnovers are relatively permanent and...