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作者：Roh, Yongoh
作者单位：McGill University
摘要：ASC 842 requires firms to collect and analyze lease contracts for accounting classification, measurement, and recognition purposes. Leveraging the implementation of ASC 842, I examine firms' internal accounting hiring and its impact on the efficiency of lease management. I find that the standard prompts leaseintensive firms to significantly increase their internal accounting hiring, which enhances lease-related financial reporting quality. Moreover, firms that increased accounting hiring achie...
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作者：Armstrong, Christopher S.; Gallimberti, Carlo Maria; Tsui, David
作者单位：Stanford University; Analysis Group Inc.; Boston College; Analysis Group Inc.
摘要：We investigate whether differences in the mix of financial covenants in debt contracts (i.e., covenant heterogeneity) reflect-and provide a way for lenders to elicit, or screen-borrowers' pre-contractual private information about their future risk profile. Consistent with adverse selection theories, we predict and find that borrowers with higher future risk negotiate loans with covenants that are less sensitive to performance, compared to borrowers with lower future risk. We differentiate betw...
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作者：Jiang, Yile (Anson); Nair, Sujay
作者单位：University of Hong Kong; University of Melbourne
摘要：We examine the relationship between competition and reward practices in the public education sector. We hypothesize and find that school principals who face more intense competition make greater use of performancebased financial rewards and apply greater differentiation in its distribution between higher versus lower performing teachers. However, we do not find similar evidence for nonfinancial rewards. Further analyses suggest that financial rewards help attract and retain teachers in the fac...
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作者：Radcliffe, Vaughan; Spence, Crawford; Stein, Mitch
作者单位：Western University (University of Western Ontario); University of London; King's College London
摘要：: The impacts of technological change and automation are now being explored in audit, yet parallel studies of tax practitioners are more limited in scope. It cannot be assumed that the two practice areas will follow similar paths. The present study reports the results of a multimethod qualitative study of tax lawyers and accountants that suggests that tax work is more resistant to technology than auditing. Although automation is enthusiastically embraced in the area of tax compliance, this is ...
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作者：Chen, Feng; Ding, Yi; Du, Xingqiang; Tseng, Kevin; Wang, Xiaoqiao
作者单位：University of Toronto; The Chinese University of Hong Kong, Shenzhen; The Chinese University of Hong Kong, Shenzhen; Xiamen University; Chinese University of Hong Kong; National Taiwan University
摘要：This study examines whether and how voluntary news disclosure made by private firms affects investment sensitivities of public peer firms. Analyzing data from U.S. public firms from 1996 to 2018, we discover that public firms' investment sensitivities intensify in industries with active private firm disclosures; a one standard deviation increase in private firm news disclosure raises public firms' investment sensitivities by 14.5-17.6 percent. To mitigate endogeneity, we employ instrumental-va...
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作者：Evans III, John H.; Presslee, Adam; Vandenberg, Alex J.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; University of Waterloo; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Firms commonly employ leaderboards within their peer-to-peer recognition programs. We experimentally investigate how ranking basis-variation in the measure firms use to determine leaderboard rankings- affects employees' proactive helping behavior. We find that leaderboards ranking employees based on the number of times peer-to-peer recognition is received decrease proactive helping compared with when no leaderboard is provided. Conversely, leaderboards ranking employees based on the number of ...
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作者：Khavis, Joshua A.; Szerwo, Brandon
作者单位：State University of New York (SUNY) System; University at Buffalo, SUNY
摘要：Although the PCAOB and the Center for Audit Quality have raised concerns about the negative consequences of audit-employee turnover (PCAOB 2015, 2024; CAQ 2019), these consequences remain largely undocumented due to data limitations. We use novel data to measure how audit-employee turnover within individual offices of accounting firms explains the auditor's ability to deliver for their clients and shapes the auditor-client relationship. We document that audit-employee turnover hampers the audi...
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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...
