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作者：De Simone, Lisa; Nickerson, Jordan; Seidman, Jeri; Stomberg, Bridget
作者单位：Stanford University; Boston College; University of Virginia; Indiana University System; Indiana University Bloomington
摘要：Research on the determinants of tax avoidance have relied on tests using GAAP and cash effective tax rates (ETRs) and total and permanent book-tax differences. Two new proxies have emerged that overcome documented limitations of these proxies: one, developed by Henry and Sansing (2018), allows for more meaningful interpretation of results estimated in samples that include loss observations. The other, reserves for unrecognized tax benefits (UTB), provides new data on tax uncertainty. We offer ...
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作者：Maksymov, Eldar; Pickerd, Jeffrey; Lowe, D. Jordan; Peecher, Mark E.; Reffett, Andrew
作者单位：Arizona State University; Arizona State University-Tempe; University of Mississippi; University of Illinois System; University of Illinois Urbana-Champaign; University System of Ohio; Miami University
摘要：Prior research indicates that most audit legal disputes settle. There is, however, little evidence of the factors that drive the settlement norm and its exceptions in audit legal disputes. To better understand these factors, we rely on theory related to how professionals manage risks and, as a result, how professions defend jurisdictional claims. We use this theoretical lens to help motivate four research questions that we probe by interviewing 27 prominent attorneys experienced in audit litig...
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作者：Dal Maso, Lorenzo; Lobo, Gerald J.; Mazzi, Francesco; Paugam, Luc
作者单位：ESSEC Business School; University of Houston System; University of Houston; University of Florence; Hautes Etudes Commerciales (HEC) Paris
摘要：We examine whether the joint provision of corporate social responsibility (CSR) assurance services and financial audit by the same audit firm influences auditors' assessment of going-concern risk. We predict that the provision of CSR assurance and financial audit by the same audit firm creates CSR-related knowledge spillovers from the CSR assurance team to the financial audit engagement team, which helps in the auditor's assessment of going-concern risk. Using more than 28,000 firm-year observ...
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作者：Gassen, Joachim; Skaife, Hollis A.; Veenman, David
作者单位：Humboldt University of Berlin; University of California System; University of California Davis; University of Amsterdam
摘要：This paper demonstrates that measures of stock price synchronicity based on market model R(2)s are predictably biased downward as a result of stock illiquidity, and that previously employed remedies to correct market model betas for measurement bias do not fix R-2. Using a large international sample of firm-years, we find strong negative and nonlinear relations between illiquidity and R-2 across countries, across firms, and over time. Because variables of interest frequently relate to illiquid...
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作者：Griffith, Emily E.
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：Auditors frequently use valuation specialists to help them evaluate fair values, but researchers and regulators know little about how auditors use these specialists. Based on interviews with 28 auditors and 14 valuation specialists, I develop a theoretical framework informed by expert systems and professional competition theories. The interviews suggest that institutional pressures in the fair value environment unevenly impact auditors and specialists, causing tension between auditors' needs f...
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作者：Lerman, Alina
作者单位：University of Connecticut
摘要：Online financial communities provide a unique opportunity to directly examine individual investors' attention to accounting information on a large scale and in great detail. I analyze accounting-related content in large samples of Yahoo! message board posts and StockTwits and find investors pay attention to a range of accounting information, fixating particularly on earnings, cash, and revenues. Consistent with the expectation that investors react to relevant information events, I find account...
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作者：Gaertner, Fabio B.; Lynch, Daniel P.; Vernon, Mary E.
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：This study examines the effect of the Tax Cuts and Jobs Act of 2017 (TCJA) on corporate defined benefit pension contributions. The TCJA decreases the corporate tax rate from 35 percent in 2017 to 21 percent in 2018 and thereafter. This change incentivizes firms to increase 2017 pension contributions to take advantage of tax deductions at a higher rate. Consistent with this incentive, we find firms increase defined benefit pension contributions by an average of 25 to 31 percent in 2017 compared...
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作者：Bamber, Matthew; Abraham, Santhosh
作者单位：York University - Canada
摘要：This paper draws on extensive fieldwork to explore the nature, scope, and implications of management preparations for the question and answer session (Q&A) that occurs during a firm's results presentation. Prior literature has associated the value of this encounter with investor-manager interactivity. As such, it is assumed that there are high levels of managerial authorship, ownership, and spontaneity as executives face questions from analysts. Following on, it is generally assumed that this ...
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作者：Free, Clinton; Radcliffe, Vaughan S.; Spence, Crawford; Stein, Mitchell J.
作者单位：University of New South Wales Sydney; Western University (University of Western Ontario); University of London; King's College London
摘要：Previous research has highlighted the crucial roles that accounting plays in both the construction and development of the state. However, only limited attention has been paid to how accounting is both conceived and implemented as a technology of government. Taking a historical perspective, and through extensive archival analysis of the Canadian experience, we explore here the ways in which accounting practices were significantly expanded and elaborated over time. Progressively, accounting was ...
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作者：Newman, Andrew H.; Tafkov, Ivo D.; Zhou, Flora Hailan
作者单位：University of South Carolina System; University of South Carolina Columbia; University System of Georgia; Georgia State University; Bentley University
摘要：Employer-sponsored opportunities for altruism outside the workplace can improve employee engagement and passion within the firm, enhance the firm's corporate visibility, and improve its recruitment. There is limited understanding of whether and how a firm's management control system on employees' daily tasks can influence employee willingness to engage in altruism outside the workplace. In this study, we investigate via an experiment how the incentive scheme (tournament vs. piece rate) on empl...
