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作者：CHEN, KCW; LEE, CWJ
作者单位：Tulane University; Hong Kong University of Science & Technology
摘要：Oil and gas firms using the full cost method during 1985-1986 faced a choice between taking a write-down in oil and gas properties or changing to the successful efforts method. In a time-series analysis, the executive bonuses of firms switching to the successful efforts method are found to be associated with accounting income, suggesting the effects of bonus plans on the switch decision. We also show that the firms choosing write-down reported more losses before the write-down during the decis...
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作者：MOSER, DV; EVANS, JH; KIM, CK
作者单位：Hong Kong University of Science & Technology
摘要：A general prediction from the economic theory of tax reporting is that taxpayers will report more income as the tax rate increases, but the related empirical evidence has been mixed. We conducted an experiment to examine whether taxpayers' responses to a tax-rate change depend on both economic effects and perceptions of horizontal and exchange inequity. Our findings reconcile the previously inconsistent empirical results by identifying conditions under which perceptions of inequity drive taxpa...
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作者：PRAWITT, DF
摘要：This study uses an experiment to investigate how structured audit approaches affect managers' human resource assignments in environments varying in complexity. Results indicate that consistent with a ''knowledge-sharing'' role of structured approaches, structured firm managers assigned less experienced auditors than did unstructured firm managers to perform and to supervise/review a set of judgment-oriented audit tasks, Increased environmental complexity resulted in the assignment of more expe...
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作者：BENEISH, MD; PRESS, E
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：Although costs of default underpin the debt covenant hypothesis, prior research provides limited evidence of their nature, magnitude, and impact on shareholder wealth. We show that announcements of technical default are associated with significant stock price declines. Combining post-default changes in terms of debt contracts with stock returns, we examine whether the consequences arising from renegotiation of lending agreements are priced in the market, and estimate that higher costs of borro...
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作者：PONEMON, LA
摘要：This study examines accountants' objectivity when serving as a litigation specialist and expert witness on legal cases, Its purpose is to determine whether professional objectivity, in generating a fair and unbiased accounting estimate, will be influenced by the possible conflicts of interest inherent in the litigation support role, Employing litigation specialists and auditors from two firms, and the Defining Issues Test as a psychometric for practitioners' ethical reasoning, this research ex...
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作者：ESPAHBODI, H; ESPAHBODI, P; TEHRANIAN, H
作者单位：Boston College
摘要：This study examines the equity price reaction to two generally income increasing standards on accounting for income taxes, namely the Statements on Financial Accounting Standards (SFAS) No. 96 and No. 109. It is hypothesized that significant positive abnormal returns should be observed around the Exposure Draft dates. It is also hypothesized that the equity price reaction to these standards should be related to the magnitude of their income effects and the economic consequences of a given inco...
