2期

最新文章

• The Value of Theory-Based Research in Accounting AI翻译
  作者：Kadous, Kathryn
  作者单位：Emory University
  摘要：This essay is based on my American Accounting Association (AAA) Presidential Scholar Lecture delivered at the 2025 AAA Annual Meeting in Chicago. In this essay, I assert that theory-based scientific research is the best way to solve the practical-and existential-problems that threaten the accounting profession. I provide an example based on my own research into auditors' judgments about complex estimates. I further argue that, although academic researchers and accounting practitioners share go...
• Managers' Inventory Holding Decisions in Response to Natural Disasters AI翻译
  作者：Cho, Seunghyun; Jung, Boo Chun; Silva, Felipe B. G.; Yoo, Choong-Yuel
  作者单位：Kyungpook National University (KNU); University of Hawaii System; University of Hawaii Manoa; Cornerstone Research; Korea Advanced Institute of Science & Technology (KAIST)
  摘要：We study how firms' inventory holdings are affected by natural disasters. Building on the premise that managers often make decisions in line with the availability heuristic, we investigate whether managers increase inventory holdings in response to heightened disaster risk perceptions and the need to hedge against inventory shortages. Through a battery of tests, we show that the occurrence of disasters in neighboring counties triggers inventory stockpiling, an effect that is unlikely to be dri...
• When a Dollar is Not a Dollar: Examining How Timing and Delivery of Government Transfers Influence Household Consumption Decisions AI翻译
  作者：Lamothe, Ethan G.; Marshall, Mary E.; Schwebke, Jason M.
  作者单位：State University System of Florida; University of Central Florida; Portland State University; Texas Tech University System; Texas Tech University
  摘要：Governments implement wealth transfers with different policy goals and distribution methods. Prior research examines the timing (lump sum/periodic) of transfers but fails to simultaneously consider payment delivery method (standalone/combined with other income). Based on the behavioral life-cycle model, we predict payment timing influences how recipients spend government transfers, but that this effect is muted when the transfer payment is combined with other income. In contrast to prior resea...
• Operationalizing patient and stakeholder engagement in high-acuity trials: Lessons from IMPROVE-AD AI翻译
  作者：Sipelii, Motutama; Howitt, Jake; McConnell, Keeley; Vemulapalli, Sreekanth; Magee, Gregory A.; Drudi, Laura; Cirillo-Penn, Nolan C.; Chou, Elizabeth L.; Mussa, Firas F.; Johnson, Cali; Shalhub, Sherene
  作者单位：Oregon Health & Science University; Duke University; Duke University; New York University; NYU Langone Medical Center; Universite de Montreal; University of Minnesota System; University of Minnesota Twin Cities; Cedars Sinai Medical Center; Utah System of Higher Education; University of Utah
  摘要：Patient and stakeholder engagement is increasingly emphasized in clinical research, yet practical guidance on how to operationalize engagement in high-acuity, multicenter surgical trials remains limited. We describe the design and early implementation of a structured engagement strategy within the IMPROVE-AD (Improving Outcomes in Vascular Disease-Aortic Dissection) trial. IMPROVE-AD is a pragmatic, multicenter randomized trial comparing optimal medical therapy alone with optimal medical thera...
• Investment Opportunities, Market Feedback, and Voluntary Disclosure: Evidence from the Shale Oil Revolution AI翻译
  作者：Fox, Zackery; Kim, Jaewoo; Schonberger, Bryce
  作者单位：Brigham Young University; University of Oregon; University of Colorado System; University of Colorado Boulder
  摘要：Exploiting the U.S. shale oil revolution as a substantial, unexpected shock to investment opportunities for oil and gas (O&G) firms, we explore whether firms facing an uncertain investment decision adopt a voluntary disclosure policy that facilitates informational feedback from the equity market. Difference-in-differences tests show O&G firms increase (reduce) their issuance of capital expenditure (earnings) forecasts during the shale oil revolution relative to similar, capital-intensive firms...
• The Leverage Effect of Bank Disclosures AI翻译
  作者：Konig, Philipp J.; Laux, Christian; Pothier, David
  作者单位：Deutsche Bundesbank; Vienna University of Economics & Business; University of Vienna
  摘要：We study how disclosures affect banks' leverage and risk. Banks screen borrowers and originate loans, partially financed using insured deposits. The possibility to sell loans before they mature incentivizes banks to lever up using uninsured short-term debt to dilute insured deposits. If markets are opaque, good loans trade at a discount, which limits banks' use of short-term debt. If markets are transparent, prices compound information contained in disclosures, which leads banks to issue more ...
• Expanding Our Insights, Audiences, and Impact AI翻译
  作者：Hermanson, Dana R.
  作者单位：University System of Georgia; Kennesaw State University
  摘要：This essay closely follows my American Accounting Association (AAA) Presidential Scholar Lecture delivered at the Annual Meeting in Chicago on August 5, 2025. In this essay, I discuss my approach to research: developing insights of various types, sharing those insights with diverse audiences, and trying to have a range of different impacts. Along the way, I discuss two elephants in the room: (1) our very cautious and conservative research culture, which constrains the insights we can offer; an...
• Emerging From the Shadows: Consequences of Position Disclosure in Corporate Bankruptcy AI翻译
  作者：Chen, Kevin D.
  作者单位：Duke University
  摘要：I examine how mandatory position disclosure of claimholders' economic interests affects Chapter 11 bankruptcy outcomes. Exploiting a regulation that increased disclosure by creditors and equityholders on certain committees, I find that position disclosure is associated with a decrease in the length of bankruptcy cases, especially the duration of negotiations between claimholders across classes. Further, I show that position disclosure is associated with lower post-bankruptcy recidivism. Contra...
• Contemporary issues in the management of uncomplicated Type B aortic dissection: Early complications in medically treated patients AI翻译
  作者：Matabele, Mario; Mix, Doran S.; German, Zachary; Newhall, Karina; Mussa, Firas F.; Cirillo-Penn, Nolan C.
  作者单位：University of Rochester; University of Minnesota System; University of Minnesota Twin Cities
  摘要：Historically, management of uncomplicated Type B aortic dissection (uTBAD) involved impulse control via medical therapies. Recent advances in endovascular treatment modalities, such as thoracic endovascular aortic repair, have given way to a new paradigm for management, prompting contemporary randomized trials. However, studies evaluating early morbidity and failure of medical management in uTBAD remain sparse, as these patients frequently convert to complicated disease before trial enrollment...
• Un-Nudging Pay Gaps: The Role of Pay Raise Budget Framing AI翻译
  作者：Gunnell, Hayden T.; Schuhmacher, Karl; Towry, Kristy L.
  作者单位：University of Texas System; University of Texas Austin; Emory University
  摘要：Pay gaps, like gender or racial gaps, violate the widely held belief that employees should receive equal pay for equal work. This study examines whether a common control choice-framing pay raise budgets in percentages-contributes to perpetuating pay gaps. We predict that when the pay raise budget is framed as a percentage (the percentage frame), it inadvertently nudges managers to anchor individual raises on that budget percentage, thereby impounding prior salaries, and thus, existing inequiti...