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作者：Nelson, Mark W.
作者单位：Cornell University
摘要：This commentary considers experimental and archival auditing research published over the past 50 years and suggests directions for future research. Starting with Ashton (1974a) and Simunic (1980), I discuss major research themes occurring in these literatures. I use Brunswik's lens model as a metaphor that highlights methodological complementarities and opportunities for convergence to address important issues. Possible topics to consider further in future research include the determinants of ...
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作者：Maffett, Mark G.; Samuels, Delphine; Zhou, Frank S.
作者单位：University of Miami; University of Chicago; University of Pennsylvania
摘要：We examine how the SEC's 2014 Municipalities Continuing Disclosure Cooperation initiative (MCDC) affects disclosure compliance in the municipal bond market. The MCDC granted favorable settlement terms to municipal debt issuers and underwriters who voluntarily self-reported having violated SEC disclosure requirements. Although underwriters participated widely, most municipal issuers did not participate in the MCDC initiative despite having publicly observable disclosure violations. We find that...
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作者：Hilary, Gilles; Tian, Xiaoli (Shaolee); Yu, Miaomiao
作者单位：Georgetown University; University of North Carolina; University of North Carolina Charlotte
摘要：We investigate whether meeting Wall Street's expectations affects rank-and-file employees' satisfaction. Controlling for firms' underlying financial performance, we find that those currently working for firms that meet or marginally beat analysts' forecasts experience increased job satisfaction. This positive effect is concentrated among employees who are less transient, receive more nonexecutive stock options, or are more unionized. Furthermore, the positive effect exists only when employees ...
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作者：Lazzarini, Peter A.; van Netten, Jaap J.
作者单位：Queensland University of Technology (QUT); Queensland University of Technology (QUT); Prince Charles Hospital; Vrije Universiteit Amsterdam; University of Amsterdam
摘要：Diabetes-related foot disease is arguably the world's least known major health problem and causes a disease burden larger than most well-known diseases, such as stroke and breast cancer. This burden is driven by people developing more severe stages of foot disease, such as foot ulcers and infections, and with that worsening quality of life. To reduce this burden, we need treatments that prevent more severe stages of foot disease and improve quality of life. Best practice offloading treatments ...
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作者：Hope, Ole-Kristian; Wang, Cyndia; Wu, Yaqian; Zhang, Min
作者单位：University of Toronto; BI Norwegian Business School; University of British Columbia; Nanjing Agricultural University; Renmin University of China
摘要：Many countries have converged their domestic auditing standards with International Standards on Auditing (ISA). This study provides global empirical evidence on first-order determinants of audit quality by examining whether and how convergence affects audit quality through utilizing data on 41 jurisdictions and using a staggered difference-in-differences approach. We find that ISA convergence leads to higher audit quality on average. The positive effect is stronger for clients of domestic audi...
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作者：(Alex) Yang, Hsiang-Chieh
作者单位：University System of Georgia; Augusta University
摘要：I explore the real effects of an update in loan loss accounting, the current expected credit loss (CECL) model. Although CECL's predecessor only required banks to recognize losses after an event that made a loan uncollectible, CECL requires banks to recognize expected lifetime credit losses when originating loans. CECL's earlier recognition of loan losses increases the cost of reserving regulatory capital for loans, decreasing banks' willingness to lend. Empirically, I find that, following CEC...
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作者：Heese, Jonas; Pacelli, Joseph
作者单位：Harvard University
摘要：This study examines whether enterprise resource planning (ERP) implementations are associated with reductions in corporate misconduct. Specifically, we study the relation between staggered facility-level rollouts of ERP systems and facility-level regulatory violations across a large sample of U.S. firms. Our results indicate that facilitylevel ERP adoptions are associated with substantial reductions in local violations and penalties. Additional analyses suggest that the effects are more pronou...
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作者：Cao, Wenjiao
作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：This paper investigates the impact of accounting and auditing enforcement releases (AAERs) on the compensation policies of nonaccused firms. The investigation focuses on releases in which the SEC mentions top executives' pursuit of wealth through compensation schemes (i.e., compensation mentioned releases (CMRs)). Using a sample of AAERs from 1992 to 2021, I find that peer firms learn from these CMRs and significantly reduce their CEO's delta and vega following CMRs. Peer firms also decrease t...
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作者：Buchanan, Jessica L.; Dodgson, Mary Kate; Piercey, M. David
作者单位：Providence College; Lehigh University; University of Massachusetts System; University of Massachusetts Amherst
摘要：Although q2 measures how well a pattern of means fits a custom contrast, there is no guidance for what values are good. We survey experimental accounting researchers who assess the fit between plots of means and contrast weights as poor, acceptable, good, or excellent. We find that graphical presentation effects and researchers' individual attributes influence their assessments. This suggests that research needs an ex ante method for evaluating q2, grounded empirically in the wisdom of the cro...
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作者：Cruz, Aeson Luiz Dela; Dyball, Maria Cadiz; Patel, Chris
作者单位：Adelaide University; University of Adelaide; University of Sydney; Macquarie University
摘要：We examine how coproduction develops between auditors and clients and its potential impact on the professional skepticism (PS) of auditors. We mobilize Knechel, Thomas, and Driskill's (2020) theoretical framework and Social Exchange Theory to analyze interviews with 24 audit partners and 26 chief financial officers and controllers. We find that auditors and clients share a view that they cocreate audits as they each contribute and combine competencies. Coproduction redresses information asymme...
