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作者：Chen, Jing; Dou, Yiwei; Ryan, Stephen G.; Zou, Youli
作者单位：Stevens Institute of Technology; New York University; University of Connecticut
摘要：In the wake of the financial crisis, policymakers expressed the concern that the incurred loss model delays loan loss recognition to economic stress periods and thereby exacerbates banks' lending contraction during these periods. Addressing this concern, the FASB issued Accounting Standards Update 2016-13, which requires large public banks to accrue for loan losses using the current expected credit loss (CECL) approach starting in January 2020. We hypothesize and find that banks that adopted C...
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作者：Chircop, Justin; Tarsalewska, Monika; Trzeciakiewicz, Agnieszka
作者单位：Lancaster University; University of Exeter; University of York - UK
摘要：We examine the relation between CEO risk taking equity incentives, as captured by CEO vega, and workplace misconduct. Workplace misconduct includes health and safety violations, non-compliance with labor laws, and other violations broadly related to labor exploitation, and it results in significant economic costs. Using regression analysis, matched sample tests, and a quasi-natural experiment, we find a positive relation between CEO vega and workplace misconduct. We identify a reduction in dis...
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作者：Tegeler, Amy C.; Brown, Veena L.; Downey, Denise Hanes
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; Villanova University
摘要：Guided by the performance feedback literature, we study PCAOB inspections as a nonstandard feedback event. We use an experiential questionnaire to collect and analyze perceptions, reactions, and responses to inspection feedback from 120 partners and managers subject to a recent PCAOB inspection. Despite varying perceptions, we find on average auditors perceive strong firm support but also that firms acquiesce to inspectors. Generally, the feedback source, inspectors, are perceived as professio...
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作者：Basu, Sudipta; Kaviani, Mahsa S.; Maleki, Hosein
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Delaware; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要：We study how nonfinancial firms' operating risks change after bank competition increases. By exploiting the 1990s staggered regulatory reforms across U.S. states that allowed interstate banking and branching, we show that out-of-state bank entry was associated with lower borrower risk-taking on average. Large, profitable, safe, and geographically diversified firms signed up as new clients of large entrant banks, which offered larger and cheaper loans that reflected their higher efficiency and ...
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作者：Hope, Ole-Kristian; Lu, Haihao (Ross); Peng, Songlan (Stella)
作者单位：University of Toronto; BI Norwegian Business School; University of Waterloo; York University - Canada
摘要：In 2014, the PCAOB adopted a new auditing standard, AS 18 Related Parties, with the intention of enhancing auditors' performance in auditing related-party transactions (RPTs). Using hand-collected data, we find significant reductions in both firms' restatement risk and their engagement in RPTs following the AS 18 adoption. Such reductions are especially pronounced for smaller firms and firms having RPTs with principals, in which related persons in the counterparty of RPTs are the primary benef...
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作者：Geerts, Guido L.; O'Leary, Daniel E.
作者单位：University of Delaware; University of Southern California
摘要：Organizational structure information is deeply embedded in the different functional activities of accounting. This paper presents ORSO (ORganizational Structure Ontology), an ontology for describing organizational structures that can be reasoned with as part of accounting applications, developed following the principles and guidelines of design science research. ORSO allows the representation of key organizational constructs to meet internal and external accounting needs, including financial r...
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作者：Felder, John M.; Nageeb, Emmanuel; Rocha, Ingrid; Qasawa, Ryan; Moltaji, Syena; Fuse, Yuma
摘要：The increasing prevalence of chronic limb-threatening ischemia and diabetes mellitus has led to a surge in lower extremity amputations, driven by the combination of peripheral arterial disease and extensive wounds. Although revascularization often addresses ischemia, severe wounds pose a significant risk of amputation. Flaps, which involve the transfer of vascularized tissue, can provide immediate closure of complex wounds, particularly those involving bone or tendon exposure, where skin graft...
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作者：Hurst, Michael; Shin, Laura
作者单位：University of Southern California
摘要：Charcot neuroarthropathy (CN) is an inflammatory condition affecting the joints of patients with peripheral neuropathy; its prevalence is as high as 7.5%. It is commonly seen in patients with diabetes and poses a significant public health burden. CN often leads to severe morbidity, with complications including ulcerations, infections, and lower extremity amputations, and a 5-year mortality rate of 29.0%. The etiology of this condition is a combination of inflammation, neurotrauma, and altered ...
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作者：Noh, Suzie; So, Eric C.; Zhu, Christina
作者单位：Stanford University; Massachusetts Institute of Technology (MIT); University of Pennsylvania
摘要：We show that financial reporting influences consumer behavior by drawing consumer attention to announcing firms. Analyzing global positioning system (GPS) data, we document upticks in foot traffic to firms' commercial locations immediately following their earnings announcements. This increase is more pronounced for announcements with substantial media attention, fewer concurrent announcements, heightened internet search volume, and extreme stock price jumps and earnings surprises-indicating th...
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作者：Almeida, Beatriz Moschiar; Evans, Robyn; Kayssi, Ahmed
作者单位：University of Toronto; University of Toronto; Womens College Hospital; University of Toronto; University of Toronto; University of Toronto; Sunnybrook Health Science Center; Sunnybrook Research Institute
摘要：The initial skin breakdown and subsequent healing processes are complex and influenced by various parameters, including systemic factors, infectious bioburden, and perfusion. Vascular wounds comprise inadequate inflow (due to peripheral artery disease), microvascular damage (result of diabetes mellitus), or vasoconstriction. Normal healing of acute wounds occurs in a sequence of defined stages; however, if a dysregulated inflammatory state ensues, it is classified as chronic. Both chronic and ...
