4期

最新文章

• Growth in residual income, short and long term, in the OJ model AI翻译
  作者：Lai, Cheng
  作者单位：Renmin University of China
  摘要：The paper develops the valuation implications of the Ohlson/Juettner-Nauroth (Rev Account Stud 10(2-3):349-365, 2005, OJ) model having two growth parameters in the residual income dynamic-one for the long-term (g) and one for the short-term (g (h) ). The central result shows that the model can be transformed into where Scalar = 1 + (g (h) - g)/r. As a benchmark, the scalar equals one if and only if g = g (h) . The Ohlson (Contemp Account Res 11(2):661-687, 1995) residual income valuation (RIV)...
• Default clauses in debt contracts (vol 20, pg 1596, 2015) AI翻译
  作者：Li, Ningzhong; Lou, Yun; Vasvari, Florin P.
  作者单位：University of Texas System; University of Texas Dallas; Hautes Etudes Commerciales (HEC) Paris; University of London; London Business School
• Proprietary information spillovers and supplier choice: evidence from auditors AI翻译
  作者：Aobdia, Daniel
  作者单位：Northwestern University
  摘要：I test whether information spillover concerns are a causal determinant of supplier choice and whether suppliers are a conduit for these spillovers. Using the audit setting, where firms must use the services of an auditor to certify their financial statements, I document a reluctance of rival firms to engage the same auditor due to information-spillover concerns. This reluctance mitigates the benefits of industry specialization by auditors shown in prior literature. Using several quasi-natural ...