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作者：Wang, Di; Cooper, Stuart M.; Chapman, Christopher S.; Calace, Donato
作者单位：Lancaster University; University of Bristol; Kyoto University
摘要：The concept of materiality has acquired great significance in sustainability reporting. Through the theoretical bricolage of boundary objects and boundary work and drawing upon 91 interviews, we trace materiality's evolving role across four interconnected episodes. Our findings show that materiality begins as a multivisionary object that draws the attention of largely unconnected groups. As different actors become more aware of each other, materiality becomes a meeting point object, and then a...
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作者：Chapman, Kimball L.; Lee, Ruby; Reiter, Nayana; Williams, Christopher D.
作者单位：Arizona State University; Arizona State University-Tempe; State University System of Florida; University of Florida; University of Toronto; University of Michigan System; University of Michigan
摘要：We examine the role of investor relations (IR) in private debt markets. We find that firms with dedicated IR officers (IROs) receive significantly lower loan spreads, particularly when lenders require a better understanding of the borrower's risk profile. Among firms with IROs, those with longer tenured officers experience lower spreads, especially when IROs also manage financial responsibilities. To address endogeneity concerns, we demonstrate that loan spreads decline when a firm establishes...
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作者：Holden-Wingate, Christopher E.; Holden-Wingate, Lucinda R.; Hussain, Abraham; Kotturu, Navya R. K.; Montano, Danielle; Appah-Sampong, Abena; Tran, Aurelie; Salomon, Brett J.; Ozaki, C. Keith; Hentschel, Dirk M.; Hussain, Mohamad A.
作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; Mass General Brigham; Harvard University; Harvard University Medical Affiliates; Brigham & Women's Hospital; University of California System; University of California Los Angeles; Mercer University; Harvard University; Harvard Medical School; Mass General Brigham
摘要：More than 800,000 people live with end-stage kidney disease (ESKD) in the United States, and the incidence continues to rise. Further, the treatment landscape is evolving due to increasing prevalence of risk factors, such as diabetes and the aging United States population. More than ever, the creation and management of hemodialysis accesses require a multidisciplinary, team-based approach to provide care effectively. However, there is limited available research on the effects of multidisciplin...
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作者：Reinert, Nathan J.; Hussain, M. Shazam; Lyden, Sean P.
作者单位：Cleveland Clinic Foundation; Cleveland Clinic Foundation
摘要：Patients presenting with complex carotid artery disorders require diligent care and decision making to achieve positive outcomes. With advancements in endovascular techniques and the ongoing need for surgical intervention in some patients, multiple specialties share in the responsibility of treating these patients. At the Cleveland Clinic, a multidisciplinary, team-based approach to caring for complex carotid disorders has been established to provide patients with comprehensive care. Collabora...
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作者：Chen, A. J. Yuan; Even-Tov, Omri; Kang, Jung Koo; Wittenberg-Moerman, Regina
作者单位：University of British Columbia; University of California System; University of California Berkeley; Harvard University; Northwestern University
摘要：To mitigate information asymmetry about borrowers in developing economies, digital lenders use machine-learning algorithms and nontraditional data from borrowers' mobile devices. Consequently, digital lenders have managed to expand access to credit for millions of individuals lacking a prior credit history. However, short-term, high-interest digital loans have raised concerns about predatory lending practices. To examine how digital credit influences borrowers' financial well-being, we use pro...
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作者：Li, Edward Xuejun; Ramesh, K.; Shen, Min; Wu, Joanna Shuang
作者单位：City University of New York (CUNY) System; Baruch College (CUNY); Rice University; George Mason University; University of Rochester
摘要：Ball and Brown (1968) introduce a method to measure accounting earnings' contribution to price discovery toward the end-of-period price. Building on this method, we examine a comprehensive set of corporate disclosures and document a large gap in their contribution to annual price discovery between bad and good news years (40 percent versus over 60 percent), despite no such difference in stock return variance (partial R2). These patterns are consistent with managers proactively releasing good n...
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作者：Cunningham, Lauren M.; Stein, Sarah E.; Walker, Kimberly; Wolfe, Karneisha
作者单位：University of Tennessee System; University of Tennessee Knoxville; Virginia Polytechnic Institute & State University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Oversight responsibilities for many audit committees (ACs) are evolving to include some of the hottest topics in the boardroom: enterprise risk management, cybersecurity, and environmental, social, and governance reporting. However, certain ACs avoid overseeing these evolving areas, creating significant variation across boards in the assignment of responsibilities. In this study, we seek to understand how ACs respond when environmental changes create new evolving risks that may extend the boun...
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作者：Ertan, Aytekin
作者单位：University of London; London Business School
摘要：This paper examines lending effects of European banks switching to an expected credit loss (ECL) model under IFRS 9. I find evidence that ECL transition deteriorates the credit landscape for SMEs-as risky, opaque, and bank-dependent borrowers. Post-ECL, affected banks reduced SME lending by over 10 percent, and these effects persisted during the most recent downturn during the COVID-19 pandemic. Banks' financial reporting objectives and implementation difficulties seem to explain these finding...
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作者：Blum, Emily S.; Hatfield, Richard C.
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Alabama System; University of Alabama Tuscaloosa
摘要：The audit environment operates using an apprenticeship model, where more experienced auditors are responsible for the training and development of junior auditors. Academic research has investigated this model primarily as a quality control mechanism for the subordinate's work product. In contrast, we investigate what effect the apprenticeship model has on supervising auditors. We theorize that coaching an apprentice activates norms that are accompanied by an ideal audit quality focus. In an ex...
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作者：Ege, Matthew; Nicoletti, Allison; Stuber, Sarah B.
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Pennsylvania
摘要：We examine whether auditor scrutiny over the allowance for loan losses (ALL) is associated with bank lending decisions. Using PCAOB inspection findings over the ALL to capture increases in auditor scrutiny, we find that auditor scrutiny is associated with a larger ALL for homogeneous loans (i.e., residential mortgages and consumer loans) but not for heterogeneous loans (i.e., commercial real estate; commercial and industrial loans). We next find that auditor scrutiny is associated with a shift...
