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作者：Van Peteghem, Mathijs; Bruynseels, Liesbeth; Gaeremynck, Ann
作者单位：Maastricht University; KU Leuven
摘要：Various regulatory governance initiatives have strived for board diversity, as diversity stimulates creativity, encourages discussion, and enlarges the board's knowledge base. However, increased diversity results in superior decision-making only when the board is free from conflicts and acts as a cohesive group. In this paper, we extend existing corporate governance research by introducing faultline theory to the board of directors (Lau and Murnighan 1998). The idea is to show how a board's di...
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作者：Kraft, Arthur G.; Vashishtha, Rahul; Venkatachalam, Mohan
作者单位：City St Georges, University of London; Duke University
摘要：Using the transition of U.S. firms from annual reporting to semi-annual reporting and then to quarterly reporting over the period 1950-1970, we provide evidence on the effects of increased reporting frequency on firms' investment decisions. Estimates from difference-in-differences specifications indicate that increased reporting frequency is associated with an economically large decline in investments. Additional analyses reveal that the decline in investments is most consistent with frequent ...
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作者：Sangster, Alan
作者单位：University of Sussex
摘要：This paper investigates why, in 1494, the Franciscan friar and teacher of mathematics, Luca Pacioli, published an instructional treatise describing the system of double entry bookkeeping. In doing so, it also explores the rhetoric and foundations of double entry through the lens of Pacioli's treatise. Recent findings on Pacioli's life and works, his writings, and the medieval accounting archives are combined to identify how he was inspired by his faith and his humanist beliefs to give all merc...
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作者：Cen, Ling; Chen, Feng; Hou, Yu; Richardson, Gordon D.
作者单位：University of Toronto; Chinese University of Hong Kong; Queens University - Canada
摘要：In the presence of litigation-facing suppliers, the supply chain relationship is at risk. Suppliers with principal customers (dependent suppliers) have a higher concentration of sales to customers, and they are more at risk relative to suppliers without principal customers (non-dependent suppliers). As a result, we predict and find that litigation disclosure patterns differ for the two supplier types: dependent suppliers are more likely to delay bad news and accelerate good news related to lit...
