4期

最新文章

• Minority Shareholders' Control Rights and the Quality of Corporate Decisions in Weak Investor Protection Countries: A Natural Experiment from China AI翻译
  作者：Chen, Zhihong; Ke, Bin; Yang, Zhifeng
  作者单位：City University of Hong Kong; Nanyang Technological University
  摘要：Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the separate approval of voting minority shareholders, we examine whether giving minority shareholders increased control over corporate decisions helps to reduce value-decreasing corporate decisions for firms domiciled in weak investor protection countries. We find that the regulation deters management from submitting value-decreasing equity offering proposals in firms with higher mutual fund ownership...
• A Global History of Accounting, Financial Reporting and Public Policy: Eurasia, the Middle East and Africa AI翻译
  作者：Doupnik, Timothy S.
  作者单位：University of South Carolina System; University of South Carolina Columbia
• The Role of Accounting Conservatism in the Equity Market: Evidence from Seasoned Equity Offerings AI翻译
  作者：Kim, Yongtae; Li, Siqi; Pan, Carrie; Zuo, Luo
  作者单位：Santa Clara University; Massachusetts Institute of Technology (MIT)
  摘要：Using seasoned equity offerings (SEOs) from 1989 to 2008, we examine the role of accounting conservatism in the equity market. We find that issuers with a greater degree of conservatism experience fewer negative market reactions to SEO announcements. We further show that an important mechanism through which conservatism affects SEO announcement returns is by mitigating the negative impact of information asymmetry. Additional analyses suggest that our results are not driven by the effects of ot...
• History of the VHB and Tales of the VHB AI翻译
  作者：Evans, Lisa
  作者单位：University of Stirling
• The Politics of Accounting Regulation: Organizing Transnational Standard Setting in Financial Reporting AI翻译
  作者：McLeay, Stuart
  作者单位：University of Sydney
• How Does an Initial Expectation Bias Influence Auditors' Application and Performance of Analytical Procedures? AI翻译
  作者：Pike, Byron J.; Curtis, Mary B.; Chui, Lawrence
  作者单位：Minnesota State Colleges & Universities; Minnesota State University Mankato; University of North Texas System; University of North Texas Denton
  摘要：Prior research demonstrates that knowledge of unaudited balances biases auditors' expectations during analytical procedures. What is less understood is how these biases affect auditors' subsequent investigations and their conclusions about the reasonableness of a particular balance. We employ the selective accessibility model to examine the differences in analytical procedure performance when auditor expectations are formed with versus without knowledge of the client's unaudited financial stat...
• The Association between Deferred Tax Assets and Liabilities and Future Tax Payments AI翻译
  作者：Laux, Rick C.
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
  摘要：This study empirically examines whether deferred taxes provide incremental information about future tax payments and explores whether the relationship is affected by whether and when the deferred tax accounts reverse. The analysis provides evidence that while deferred taxes do provide incremental information about future tax payments, the magnitude of the information is small. Further, consistent with theoretical predictions (Guenther and Sansing 2000, 2004; Dotan 2003) the analysis demonstrat...