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作者：Lourenco, Sofia M.
作者单位：Universidade de Lisboa
摘要：This study investigates the performance effects of the combined use of three reinforcers, or incentive motivators, commonly used by companies: monetary incentives, feedback, and recognition. Using a field experiment in a retail services company, I test whether these incentives, which appeal to diverse motivation mechanisms-tangible payoffs, self-regulation, and social esteem-and, hence, have different utilities, are complements or substitutes. The results of the hard performance data collected...
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作者：Nelson, Mark W.; Proell, Chad A.; Randel, Amy E.
作者单位：Cornell University; Texas Christian University; California State University System; San Diego State University
摘要：This paper reports five studies examining audit team members' willingness to raise audit issues. The first study is a survey of interacting audit teams that provides evidence that team members are more willing to speak up when they view their leader as team-oriented (i.e., emphasizing team success as opposed to the leader's own personal advancement). Experiments 1-3 provide converging evidence that audit seniors are more willing to speak up to a team-oriented leader and about issues that are a...
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作者：Newton, Nathan J.; Persellin, Julie S.; Wang, Dechun; Wilkins, Michael S.
作者单位：University of Missouri System; University of Missouri Columbia; Trinity University; Texas A&M University System; Texas A&M University College Station
摘要：This study examines the extent to which audit clients successfully engage in internal control opinion shopping activities and whether audit market competition appears to facilitate those activities. Regulators have long been concerned about the impact of both audit market competition and opinion shopping on audit quality. We adopt the framework developed in Lennox (2000) to construct a proxy to measure the tendency that clients engage in internal control opinion shopping activities. Our empiri...
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作者：Gong, Qihui; Li, Oliver Zhen; Lin, Yupeng; Wu, Liansheng
作者单位：Zhejiang University; National University of Singapore; City University of Hong Kong; Peking University
摘要：We examine efficiency improvement associated with audit firm mergers. Our analysis is made possible by a unique dataset of audit hours in China. We find a significant reduction in audit hours, unaccompanied by a deterioration in audit quality, of merged audit firms. Further, we find a larger reduction in audit hours when acquirers are Chinese domestic Big 10 audit firms and when client firms are more complex. These results are consistent with the notion of economies of scale arising from horiz...
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作者：Brasel, Kelsey; Doxey, Marcus M.; Grenier, Jonathan H.; Reffett, Andrew
作者单位：Ball State University; University of Alabama System; University of Alabama Tuscaloosa; University System of Ohio; Miami University
摘要：Audit practitioners, academics, and attorneys have expressed concern that disclosing critical auditmatters (CAMs) will increase jurors' auditor liability judgments when auditors fail to detect misstatements. In contrast, this study provides theory and experimental evidence that CAM disclosures, under certain conditions, reduce auditor liability judgments as jurors perceive that undetected fraudulent misstatements were more foreseeable to the plaintiff (i.e., the financial statement user suing ...
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作者：Christensen, Dane M.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：I investigate whether corporate accountability reporting helps protect firm value. Specifically, I examine (1) whether corporate accountability reporting helps firms prevent the occurrence of high -profile misconduct (e.g., bribery, kickbacks, discrimination), and (2) whether prior corporate accountability reporting reduces the negative stock price reaction when high-profile misconduct does occur. Using multiple methods to address self-selection, I find that, on average, firms that report on t...
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作者：Brazel, Joseph F.; Jackson, Scott B.; Schaefer, Tammie J.; Stewart, Bryan W.
作者单位：North Carolina State University; University of South Carolina System; University of South Carolina Columbia; University of Missouri System; University of Missouri Kansas City; Brigham Young University
摘要：Despite the importance placed on professional skepticism by the accounting profession and regulators, the failure of auditors to exercise an appropriate level of skepticism continues to be a global issue. We experimentally test a potential barrier to skepticism. We find that outcome knowledge biases supervisors' evaluations of skeptical behavior. Holding a staff member's skeptical judgments and acts constant, superiors on the engagement team evaluate the staff's skeptical behavior based on whe...
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作者：Khan, Mozaffar; Serafeim, George; Yoon, Aaron
作者单位：Harvard University; University of Minnesota System; University of Minnesota Twin Cities
摘要：Using newly available materiality classifications of sustainability topics, we develop a novel dataset by hand-mapping sustainability investments classified as material for each industry into firm-specific sustainability ratings. This allows us to present new evidence on the value implications of sustainability investments. Using both calendar-time portfolio stock return regressions and firm-level panel regressions, we find that firms with good ratings on material sustainability issues signifi...
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作者：Cheng, Qiang; Lee, Jimmy; Shevlin, Terry
作者单位：Singapore Management University; University of California System; University of California Irvine
摘要：We examine whether internal governance affects the extent of real earnings management in U.S. corporations. Internal governance refers to the process through which key subordinate executives provide checks and balances in the organization and affect corporate decisions. Using the number of years to retirement to capture key subordinate executives' horizon incentives and using their compensation relative to CEO compensation to capture their influence within the firm, we find that the extent of ...
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作者：Jayaraman, Sudarshan; Kothari, S. P.
作者单位：University of Rochester; Massachusetts Institute of Technology (MIT)
摘要：We predict that access to cross-border financing by the industrial sector reduces firms' reliance on domestic banks, thereby leading to lower rents for banks and greater competition in the domestic banking sector. We also predict that banks take on more risk to offset these lost rents and remain competitive. Using mandatory adoption of International Financial Reporting Standards (IFRS) to identify variation in cross -border financing, we find evidence consistent with our hypotheses. Additional...
