4期

最新文章

• Relationship-specific investments and earnings management: Evidence on corporate suppliers and customers AI翻译
  作者：Raman, Kartik; Shahrur, Husayn
  作者单位：Bentley University
  摘要：We examine the determinants and consequences of earnings management by firms in the context of their relationships with suppliers and customers. We find that industry-level proxies for relationship-specific investments by suppliers/customers are positively associated with the magnitude of discretionary accruals, volatility of earnings, and the frequency of large earnings increases. We also find that firm-level proxies for the intensity of relationship-specific investments by actual suppliers a...
• Handbook of management accounting research AI翻译
  作者：Groot, Tom
  作者单位：Vrije Universiteit Amsterdam
• The value-relevance of cash flows and accruals: The role of investment opportunities AI翻译
  作者：Kumar, Krishna R.; Krishnan, Gopal V.
  作者单位：George Washington University; Lehigh University
  摘要：We examine the role of investment opportunities as a determinant of the relative importance of cash flows from operations (CFO) and accruals in firm valuation. We find that at low investment-opportunity levels, CFO value-relevance increases with investment opportunities. When investment opportunities are high, accrual value-relevance declines as investment opportunities increase. Consequently, earnings value-relevance first varies directly and then inversely with investment opportunities. We s...
• Determinants and consequences of firm information technology budgets AI翻译
  作者：Kobelsky, Kevin W.; Richardson, Vernon J.; Smith, Rodney E.; Zmud, Robert W.
  作者单位：Baylor University; University of Arkansas System; University of Arkansas Fayetteville; California State University System; California State University Long Beach; University of Oklahoma System; University of Oklahoma - Norman
  摘要：For most firms, the information technology (IT) budget represents a major element in the overall firm budget, and IT budget decisions often have significant operational and strategic impacts on the business processes in the firm's value chain. In this paper we use a large unique data set to examine the extent to which IT budgets are affected by environmental, organizational, and technological circumstances. We find that our cross-sectional model explains substantial variance in IT budgets, whi...
• The effect of honesty and superior authority on budget proposals AI翻译
  作者：Rankin, Frederick W.; Schwartz, Steven T.; Young, Richard A.
  作者单位：Colorado State University System; Colorado State University Fort Collins; State University of New York (SUNY) System; Binghamton University, SUNY; University System of Ohio; Ohio State University
  摘要：Research in budgeting suggests that subordinates may exhibit economically significant degrees of honesty, in spite of pecuniary incentives to do otherwise. This study continues the exploration of honesty in budgeting along two dimensions. First, unlike prior experiments, we measure the incremental effect of honesty by manipulating whether budget requests are made in the form of a factual assertion. Second, prior designs may have emphasized the ethical dimension of budgeting by granting the sub...
• The effects of financial statement and informational complexity on analysts' cash flow forecasts AI翻译
  作者：Hodder, Leslie; Hopkins, Patrick E.; Wood, David A.
  作者单位：Indiana University System; Indiana University Bloomington; Brigham Young University
  摘要：We characterize the operating-activities section of the indirect-approach statement of cash flows as backward because it presents reconciling adjustments in a way that is opposite from the intuitively appealing, future-oriented, Conceptual Framework definitions of assets, liabilities, and the accruals process. We propose that the reversed-accruals orientation required in the currently mandated indirect-approach statement of cash flows is unnecessarily complex, causing information-processing pr...