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作者：BANKER, RD; JOHNSTON, HH
作者单位：Rice University
摘要：Recent research on cost driver analysis by Miller and Vollman (1985) and Cooper and Kaplan (1987) suggests that transactions deriving from the diversity of a firm's product line and the complexity of its production process, in addition to output volume, drive overhead costs. As a consequence, it is argued, conventional cost accounting systems based only on volume-related measures, such as units of output, direct labor hours, or machine hours, produce biased and materially misleading cost estim...
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作者：BROWN, LD; KIM, KJ
作者单位：Chung Ang University
摘要：We formulate and test the hypothesis that nonearnings disclosures of small, but not large, firms generally are ''good news.'' Nonearnings disclosures are defined as disclosures by managers and outsiders about news other than earnings (e.g., stock splits, takeovers, new orders). ''Good news'' is defined as a positive stock price reaction at the time of the information disclosure. Our hypothesis is motivated by two lines of prior research. First, managers have incentives to disclose their privat...
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作者：ALCIATORE, ML
摘要：The purpose of this article is to investigate the information content of the change in the standardized measure (CSM) disclosure reported by oil and gas producers as assessed by market participants. Previous research by Doran et al. (1988) suggests that selected components of the CSM disclosure have a modest influence on share prices. This study reexamines this issue with a more homogeneous sample of oil and gas producers (e.g., excluding Canadian firms), and investigates all ten components of...
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作者：SHAW, WH; WIER, HA
作者单位：University of Alberta
摘要：The Tax Reform Act of 1986 reduced individual income tax rates below that of corporations. The fear that this would lead to a systematic disincorporation has not apparently materialized since the major stock exchanges report that only about 100 partnerships were traded during the next five years.1 Scholes and Wolfson (1992) suggest that this result is predictable because of the additional nontax costs of operating as a partnership, which include increased transactions costs, more restricted ac...
