3期

最新文章

• Auditor reputation building AI翻译
  作者：Mayhew, BW
  作者单位：University of Wisconsin System; University of Wisconsin Madison
  摘要：This paper reports the results of air experimental economics study designed to examine reputation building by information verifiers (auditors). The results identify boundary conditions to reputation formation and supply insight into auditors' incentives to form reputations. Reputations form in all sessions of treatments that supply nearly immediate rewards to participants who adopt reputation equilibrium strategies. In contrast, reputations form in less than half of the sessions of a treatment...
• Cost-system choice and incentives - Traditional vs. activity-based costing AI翻译
  作者：Mishra, B; Vaysman, I
  作者单位：University of Texas System; University of Texas Dallas
  摘要：We incorporate information and managerial incentives into the analysis of a common cost-management tool-activity-based costing (ABC). We study the choice of a costing system in a firm where the owners contract with a manager to use either a traditional or an ABC system and make production decisions. We show that, as commonly argued in managerial-accounting literature, in a first-best setting with no informational asymmetries the ABC system is always preferred to the traditional costing one. Ho...
• Domestic accounting standards, International Accounting Standards, and the predictability of earnings AI翻译
  作者：Ashbaugh, H; Pincus, M
  作者单位：University of Wisconsin System; University of Wisconsin Madison; University of Iowa
  摘要：We investigate (1) whether the variation in accounting standards across national boundaries relative to International Accounting Standards (LAS) has an impact on the ability of financial analysts to forecast non-U.S. firms' earnings accurately, and (2) whether analyst forecast accuracy changes after firms adopt IAS. IAS are a set of financial reporting policies that typically require increased disclosure and restrict management's choices of measurement methods relative to the accounting standa...
• Electric utility stranded costs: Valuation and disclosure issues AI翻译
  作者：D'Souza, J; Jacob, J
  作者单位：Cornell University; University of Colorado System; University of Colorado Boulder
  摘要：We analyze the stock market's valuation of electric utility stranded costs (i.e., costs that might become unrecoverable under deregulation), and investigate whether stranded costs that have arisen as a result of voluntary firm business decisions are valued differently from those that are more directly linked to regulatory mandates, Further, we study whether investor valuations differ across jurisdictions. Finally, we examine the relation between investor valuation of stranded costs and the dec...