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作者：Albrecht, Anne; Mauldin, Elaine G.; Newton, Nathan J.
作者单位：Texas Christian University; University of Missouri System; University of Missouri Columbia; State University System of Florida; Florida State University
摘要：Practice and research recognize the importance of extensive knowledge of accounting and financial reporting experience for generating reliable financial statements. However, we consider the possibility that such knowledge and experience increase the likelihood of material misstatement when executives have incentives to misreport. We use executives' prior experience as an audit manager or partner as a measure of extensive accounting and financial reporting competence. We find that the interacti...
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作者：Cao, Sean Shun; Ma, Guang; Tucker, Jennifer Wu; Wan, Chi
作者单位：University System of Georgia; Georgia State University; National University of Singapore; State University System of Florida; University of Florida; University of Massachusetts System; University of Massachusetts Boston
摘要：We introduce a firm-specific measure of the technological aspect of competition-technological peer pressure-and examine firm-initiated product development-related press releases. We argue that empirical examinations of the theorized negative relation between competition and disclosure require the type of voluntary disclosure to be relevant to the dimension of competition under examination to ensure that firms incur significant proprietary costs of disclosure. In other words, many types of disc...
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作者：Francis, Bill B.; Hunter, Delroy M.; Robinson, Dahlia M.; Robinson, Michael N.; Yuan, Xiaojing
作者单位：Rensselaer Polytechnic Institute; State University System of Florida; University of South Florida; University of Tampa; University of Massachusetts System; University of Massachusetts Lowell
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作者：Barth, Mary E.
作者单位：Stanford University
摘要：My vision is that by 2036 accounting is known as the learned profession that provides information for informed decision-making to support a prosperous society. By 2036, academic and practicing accountants view themselves as part of the same profession, and practicing accountants look to academics to develop knowledge relevant to identifying information-and its characteristics-useful in informing decisions. In sum, insights from research are instrumental in shaping accounting in practice. To ac...
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作者：McInnis, John M.; Yu, Yong; Yust, Christopher G.
作者单位：University of Texas System; University of Texas Austin; Texas A&M University System; Texas A&M University College Station
摘要：Standard setters contend that fair value accounting yields the most relevant measurement for financial instruments. We examine this claim by comparing the value relevance of banks' financial statements under fair value accounting with that under current GAAP, which is largely based on historical costs. We find that the combined value relevance of book value of equity and income under fair value is less than that under GAAP. We also find that fair value income is less value-relevant than GAAP i...
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作者：Saavedra, Daniel
作者单位：University of California System; University of California Los Angeles
摘要：I investigate whether and how syndicate size influences the type of covenants used in debt contracts. Prior theory and evidence suggest renegotiation considerations from coordination difficulties in large syndicates and intertemporal transfers due to relationship lending in small syndicates are factors in the design of covenants. I find that for large syndicates, borrowers and lenders avoid the use of flexibility-reducing covenants that are more likely to impact negatively on value-enhancing c...
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作者：Tan, Hun-Tong; Yu, Yao
作者单位：Nanyang Technological University; University of Massachusetts System; University of Massachusetts Amherst
摘要：The triangle model of responsibility (Schlenker, Britt, Pennington, Murphy, and Doherty 1994) predicts that the extent that investors hold management responsible for an adverse event is jointly determined by the links among three elements-management, the adverse event, and the relevant accounting regulations/standards or public norms. Applying this theory, we conduct experiments to examine how the locus of breach (external versus internal) moderates the efficacy of management's responsibility ...
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作者：Christensen, John
作者单位：University of Southern Denmark
摘要：My assignment is to analyze the development of accounting thought and its position within the university. The focus is on the expected development in the next 20 years, despite the fact that that is an impossible task. I will ruthlessly extrapolate from my personal observations of the activities in the accounting community. In doing this, I will deal with accounting research, the relationship between research and teaching within the field of accounting, and the relation to other disciplines in...
