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作者：Madsen, Paul E.
作者单位：State University System of Florida; University of Florida
摘要：There is disagreement in the accounting community about what level of standardization would be efficient for accounting. Many of the known costs and benefits of standardization have gone unmeasured and, as a result, there have been no efforts to quantitatively identify an efficient level of accounting standardization. Without guidance from researchers, the level of accounting standardization is set according to the intuition of standard-setters. Using data on a large cross-section of occupatio...
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作者：Phua, Yee Shih; Abernethy, Margaret A.; Lillis, Anne M.
作者单位：University of New South Wales Sydney; University of Melbourne
摘要：This study explores how initial control choice influences the ease with which outsourcing firms switch suppliers. We recognize that firms invest in controls to manage collaborative relationships, and argue that these investments generate switching costs, namely, opportunity and reinvestment costs. We collect data on outsourcing transactions by conducting semi-structured interviews across multiple field sites. Observed patterns across 53 cases show that firms with trust-based controls experienc...
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作者：Eldenburg, Leslie G.; Gunny, Katherine A.; Hee, Kevin W.; Soderstrom, Naomi
作者单位：University of Arizona; University of Colorado System; University of Colorado Boulder; California State University System; San Diego State University
摘要：We extend the literature on earnings management through real operating decisions by providing insight into the types of expenditures (core versus noncore and operating versus non-operating activities) affected by earnings management. We partition a sample of California nonprofit hospitals based on their earnings management incentives. We find that expenditures on non-operating and non-revenue-generating activities appear to decrease in hospitals with incentives to engage in such behavior, whil...
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作者：Badertscher, Brad A.; Hribar, S. Paul; Jenkins, Nicole Thorne
作者单位：University of Notre Dame; University of Iowa; Vanderbilt University
摘要：We examine how informed trading activities affect the market reaction to accounting restatements. We find significantly less negative reactions to accounting restatements when managers are net purchasers of stock before the restatement, and significantly more negative market reactions when managers are net sellers. Similar patterns characterize corporate trading, where prior stock repurchases dampen negative reactions and prior equity issuances increase negative reactions to the restatement. W...
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作者：Mastilak, M. Christian
作者单位：University System of Ohio; Xavier University
摘要：Managers must understand relations among costs in order to make decisions. Prior literature assumes managers' use of cost accounting system output is affected by the information coming from the system, but not by the design of the cost system itself. This study examines how the classification of costs into cost pools affects the accuracy of individuals' understanding of relations among costs. I hypothesize that individuals will estimate relations between costs in the same cost pool first and t...
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作者：Lennox, Clive S.; Pittman, Jeffrey A.
作者单位：Nanyang Technological University; Memorial University Newfoundland
摘要：Exploiting a natural experiment in which voluntary audits replace mandatory audits for U.K. private companies, we analyze whether imposing audits suppresses valuable information about the types of companies that would voluntarily choose to be audited. We control for the assurance benefits of auditing to isolate the role signaling plays by focusing on companies that are audited under both regimes. These companies experience no change in audit assurance, although they can now reveal for the firs...
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作者：Bol, Jasmijn C.
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：This study examines the determinants and performance effects of centrality bias and leniency bias. The results show that managers respond to their own incentives and preferences when subjectively evaluating performance. Specifically, information-gathering costs and strong employee-manager relationships positively affect centrality bias and leniency bias. The findings also indicate that performance evaluation biases affect not only current performance ratings, but also future employee incentive...
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作者：De Franco, Gus; Wong, M. H. Franco; Zhou, Yibin
作者单位：University of Toronto; University of Texas System; University of Texas Dallas
摘要：We examine the valuation of financial statement note information at the time of 10-K filings. We find that stock returns around 10-K filings are positively related to accounting adjustments calculated from financial statement note information. We further document that the likelihood of equity analysts issuing a report and updating their target price estimates at the 10-K dates is increasing in the magnitude of the adjustments. Those analysts who do update their target prices at this time revis...
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作者：Brown, Lawrence D.
作者单位：University System of Georgia; Georgia State University
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作者：Huelsbeck, David P.; Merchant, Kenneth A.; Sandino, Tatiana
作者单位：University of Melbourne; University of Southern California
摘要：This study explores decisions related to formal empirical tests of business models and interpretations and uses of those tests. Business models describe managers' rationales as to how their organizations will achieve success. This study documents a test of one company's business model under seemingly favorable conditions for such a test-a successful single-product firm following a consistent strategy over a long period of time with stable management and publicly traded stock. Although the find...
