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• Further evidence on the extent and origins of JIT's profitability effects AI翻译
  作者：Kinney, MR; Wempe, WF
  作者单位：Texas A&M University System; Texas A&M University College Station; Texas Christian University
  摘要：Empirical research provides scant evidence that just-in-time (JIT) adopters outperform their non-adopting industry peers. Using a sample of 201 JIT adopters and matched non-adopters, we examine the relation between financial performance and JIT Our sample-wide results indicate that JIT adopters improve financial performance relative to non-adopters, and that profit margin, rather than asset turnover, is the primary source of such improvement. However, results of additional analyses suggest tha...
• An exploratory study of the valuation properties of cross-listed firms' IAS and US GAAP earnings and book values AI翻译
  作者：Ashbaugh, H; Olsson, P
  作者单位：University of Wisconsin System; University of Wisconsin Madison; Duke University
  摘要：Despite the increasing integration of global capital markets, there is little evidence on the valuation properties of cross-listed, non-U.S. firms' accounting variables. We use the relative performance of the earnings capitalization, the book value, and the residual income valuation models to explore the valuation properties of International Accounting Standards and U.S. Generally Accepted Accounting Principles earnings and book values reported by non-U.S., cross-listed firms trading in a comm...
• Revisiting the reportedly weak value relevance of oil and gas asset present values: The roles of measurement error, model misspecification, and time-period idiosyncrasy AI翻译
  作者：Boone, JP
  作者单位：Mississippi State University
  摘要：This paper investigates three potential explanations for the puzzlingly weak value relevance of oil and gas asset present values documented in prior research: measurement error, model misspecification, and time-period idiosyncrasy. I operationally define the magnitude of measurement error as the measurement error variance, estimated using an errors-in-variables two-stage regression model similar to that used by Barth (1991) and Choi et al. (1997). I find that (1) measurement error in the prese...
• Predecisional distortion of evidence as a consequence of real-time audit review AI翻译
  作者：Wilks, TJ
  作者单位：Brigham Young University; Cornell University
  摘要：With the current shift toward real-time audit review, subordinates become aware of supervisors' views earlier in the audit process. I use an experiment to examine whether earlier knowledge of supervisors' views increases subordinates' tendencies to agree with those views because subordinates predecisionally distort evidence. In a going-concern task, I find that auditors who learn the partner's view before evaluating evidence (1) evaluate individual evidence items as more consistent with the pa...
• The interaction between accrual management and hedging: Evidence from oil and gas firms AI翻译
  作者：Pincus, M; Rajgopal, S
  作者单位：University of Iowa; University of Washington; University of Washington Seattle
  摘要：This research investigates whether oil and gas producing firms use abnormal accruals and hedging with derivatives as substitutes to manage earnings volatility. Firms engaged in oil exploration and drilling are exposed to two kinds of risks that can cause earnings volatility: oil price risk and exploration risk. Firms can use abnormal accrual choices and/or derivatives to reduce earnings volatility caused by oil price risk, but cannot directly hedge the operational risk of unsuccessful drilling...