4期

最新文章

• Accounting standards, implementation guidance, and example-based reasoning AI翻译
  作者：Clor-Proell, Shana; Nelson, Mark W.
  作者单位：Cornell University
  摘要：This paper examines interpretation of accounting standards that provide implementation guidance via affirmative or counter examples. Based on prior psychology research, we predict that practitioners engage in example-based reasoning such that they are more likely to conclude that their case qualifies for the same treatment as the example. We test our predictions in two experiments in which participants judge the appropriateness of income-statement recognition. Experiment 1 uses Masters of Busi...
• Assessing the performance of business unit managers AI翻译
  作者：Bouwens, Jan; Van Lent, Laurence
  作者单位：Tilburg University
  摘要：Using a sample of 140 managers, we investigate the use of various performance metrics in determining the periodic assessment, bonus decisions, and career paths of business unit managers. We show that the weight on accounting return measures is associated with the authority of these managers, and we document that both disaggregated measures (expenses and revenues), and nonfinancial measures play a greater role as interdependencies between business units increase. The results suggest separate an...
• How disaggregation enhances the credibility of management earnings forecasts AI翻译
  作者：Hirst, D. Eric; Koonce, Lisa; Venkataraman, Shankar
  摘要：An important problem facing managers is how to enhance the credibility, or believability, of their earnings forecasts. In this paper, we experimentally test whether a characteristic of a management earnings fore cast-namely, whether it is disaggregated-can affect its credibility. We also test whether disaggregation moderates the relation between managerial incentives and forecast credibility Disaggregated forecasts include an earnings forecast as well as forecasts of other key line items compr...
• The credibility of voluntary disclosure and insider stock transactions AI翻译
  作者：Gu, Feng; Li, John Q.
  作者单位：State University of New York (SUNY) System; University at Buffalo, SUNY; Suffolk University
  摘要：We examine stock price reaction to voluntary disclosure of innovation strategy by high-tech firms and its relation with insider stock transactions before the disclosure. We find that, despite the qualitative and subjective nature of strategy-related disclosure, there is positive stock price reaction to the disclosure. The evidence suggests that investors view the disclosure as credible good news. We also find that the disclosure is associated with more positive stock price reaction when it is ...