Contemporary Accounting Research

最新文章

• The impact of mandated disclosure on performance-based CEO compensation AI翻译
  作者：Magnan, ML; Thorne, L
  作者单位：Concordia University - Canada
  摘要：Regulators argue that mandated compensation disclosure improves corporate governance by permitting shareholders to enjoin boards of directors to reward executives in ways that are consistent with shareholder value creation. We posit that mandated compensation disclosure, or the absence thereof, has a greater impact on the CEO compensation practices of widely held firms than of closely held firms. More specifically, we expect that, in the absence of mandated disclosure, CEO compensation is like...
• Discussion of The riskiness of large audit firm client portfolios and changes in audit liability regimes: Evidence from the US audit market AI翻译
  作者：DeFond, ML
  作者单位：University of Southern California
• Managers' commitment to the goals contained in a strategic performance measurement system AI翻译
  作者：Webb, RA
  作者单位：University of Waterloo
  摘要：A strategic performance measurement system (SPMS) is a set of causally linked nonfinancial and financial objectives, performance measures, and goals designed to align managers' actions with an organization's strategy. This study identifies and tests features unique to the cause-effect structure of an SPMS likely to affect an important antecedent to managerial performance: goal commitment. Companies often set difficult goals for the multiple performance measures contained in an SPMS, but resear...
• The efficacy of third-party consultation in preventing managerial escalation of commitment: The role of mental representations AI翻译
  作者：Kadous, K; Sedor, LM
  作者单位：Emory University; University of Notre Dame
  摘要：Avoiding continued investment in poorly performing projects is an important function of OF management control systems. However, prior research suggests that managers fail to use accounting information indicating that a project is performing poorly to discontinue it; that is, they escalate commitment to the project. We perform two experiments to investigate the efficacy of a potential control mechanism, third-party consultation, in preventing managerial escalation of commitment. We hypothesize ...
• Discussion of examining the role of auditor quality and retained ownership in IPO markets: Experimental evidence AI翻译
  作者：Bloomfield, RJ
  作者单位：Cornell University
• The circumstances and legal consequences of non-GAAP reporting: Evidence from restatements AI翻译
  作者：Palmrose, ZV; Scholz, S
  作者单位：University of Southern California
  摘要：Our study examines the circumstances of non-GAAP financial reporting by 492 U.S. companies that announced restatements from 1995 to 1999. We focus on income statements to analyze the occurrence and resolution of litigation over restatements and explore the role of accounting items in bringing and resolving this litigation. We provide evidence on the pervasiveness of accounting misstatements, describe their nature, and show how, if at all, they affect litigation. We assess the nature of restate...
• Fixed cost magnitude, fixed cost reporting format, and competitive pricing decisions: Some experimental evidence AI翻译
  作者：Buchheit, S
  作者单位：Texas Tech University System; Texas Tech University
  摘要：Although neoclassical economic theory predicts that fixed cost magnitude and fixed cost reporting format will not influence short-term pricing decisions, these factors systematically affected pricing decisions in a duopoly experiment. Increasing fixed cost magnitude (a pure sunk cost in this study) across experimental conditions caused participants to first lower, then raise, competitive prices. Consistent with the psychological phenomenon of loss aversion, this change in pricing behavior redu...
• Publishing in the majors: A comparison of accounting, finance, management, and marketing AI翻译
  作者：Swanson, EP
  作者单位：Texas A&M University System; Texas A&M University College Station
  摘要：Business schools evaluate publication records, especially for the promotion and tenure decision, by comparing the quality and quantity of a candidate's research with those of peers within the same discipline (intradisciplinary) and with those of academics from other business disciplines (interdisciplinary). A recently developed analytical model of the research review process provides theory about the norms used by editors and referees in deciding whether to publish research papers. The model p...
• JIT adoption: The effects of LIFO reserves and financial reporting and tax incentives AI翻译
  作者：Kinney, MR; Wempe, WR
  作者单位：Texas A&M University System; Texas A&M University College Station; Texas Christian University
  摘要：Using matched samples of JIT adopters and nonadopters, we examine the association of JIT adoption with firms' financial reporting and tax incentives, earnings-management histories, and LIFO reserve levels. We find evidence that adoption decisions are influenced by the interaction of firms' LIFO reserves with their income smoothing, debt covenant, and tax incentives. We also find that adoption is less likely for firms historically engaging in high degrees of earnings management, particularly wh...
• Professionalization in action: Accountants' attempt at building a network of support for the WebTrust seal of assurance AI翻译
  作者：Gendron, Y; Barrett, M
  作者单位：University of Alberta; University of Cambridge
  摘要：This paper examines the attempts by the North American accounting institutes to develop a new market in e-commerce assurance based on their claims to professional expertise through the WebTrust project. Employing actor-network theory in an in-depth longitudinal field study, we investigate how WebTrust was originally developed and promoted as a seal of business-to-consumer assurance, which largely failed to generate support in the marketplace. Proponents were subsequently able to generate more ...