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作者：Moser, Donald V.; Martin, Patrick R.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
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作者：Schloetzer, Jason D.
作者单位：Georgetown University
摘要：This study examines whether the potential for hold-up in supply chains influences the extent of process integration and information sharing between partners. The analysis uses performance scorecards and financial performance data collected from a major manufacturer regarding its contractual arrangements with 156 distributors. I find that distributors engage in less extensive process integration and information sharing with the manufacturer as the potential for hold-up increases, measured by th...
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作者：Daske, Holger
作者单位：University of Mannheim
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作者：Shanthikumar, Devin M.
作者单位：University of California System; University of California Irvine
摘要：Prior research demonstrates that investors respond differently to earnings surprises that are part of a string of consecutive earnings increases or surprises than to those that are not. To shed light on who values these patterns, I compare trading responses of small and large traders to earnings surprises that occur during a series of positive or negative surprises. I find that the relative intensity of small traders' trading response (and, to a lesser extent, that of medium traders) to earnin...
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作者：Camfferman, Kees
作者单位：Vrije Universiteit Amsterdam
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作者：Lennox, Clive S.; Francis, Jere R.; Wang, Zitian
作者单位：Nanyang Technological University; University of Missouri System; University of Missouri Columbia
摘要：This study explains the challenges associated with the Heckman (1979) procedure to control for selection bias, assesses the quality of its application in accounting research, and offers guidance for better implementation of selection models. A survey of 75 recent accounting articles in leading journals reveals that many researchers implement the technique in a mechanical way with relatively little appreciation of important econometric issues and problems surrounding its use. Using empirical ex...
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作者：Hales, Jeffrey W.; Venkataraman, Shankar; Wilks, T. Jeffrey
作者单位：University System of Georgia; Georgia Institute of Technology; Brigham Young University
摘要：This study examines the informational effects of unit of account choices in the context of a proposed standard on lease accounting. Standard-setters have tentatively decided that leases in excess of one year should be recognized on a lessee's balance sheet, including optional lease periods, even though the lessee can choose not to renew the lease. We argue that this approach lacks representational faithfulness and creates an informational problem for users. Using an experiment, we show that th...
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作者：Keune, Marsha B.; Johnstone, Karla M.
作者单位：University of South Carolina System; University of South Carolina Columbia; University of Wisconsin System; University of Wisconsin Madison
摘要：This study investigates how manager and auditor incentives, along with audit committee characteristics, are associated with materiality judgments about detected misstatements. Using data on detected misstatements that occurred between 2003 and 2006, we find auditors' incentives to protect their reputations weaken the effect of managerial incentives associated with the pressure created by analyst following; auditors are less likely to allow managers to waive material misstatements as audit fees...
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作者：Magro, Anne M.; Nutter, Sarah E.
作者单位：George Mason University
摘要：Evidence evaluation in accounting often involves both the assessment of evidence relevance and the combination of its relevance and source to assess overall strength. We decompose this strength-assessment judgment into its components-relevance assessment and source and relevance combination-and consider the effects of experience. Participants in our experiment assess the strength and relevance of tax authorities in relation to a client scenario. Contrary to prior research, we find that more-ex...
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作者：Florou, Annita; Pope, Peter F.
作者单位：University of London; King's College London; City St Georges, University of London
摘要：We examine whether the mandatory introduction of International Financial Reporting Standards leads to an increase in institutional investor demand for equities. Using a large ownership database covering all types of institutional investors from around the world, we find that institutional holdings increase for mandatory IFRS adopters. Changes in holdings are concentrated around first-time annual reporting events. Second, we document that the positive IFRS effects on institutional holdings are ...
