The Accounting Review

最新文章

• Auditor Style and Financial Statement Comparability AI翻译
  作者：Francis, Jere R.; Pinnuck, Matthew L.; Watanabe, Olena
  作者单位：University of Missouri System; University of Missouri Columbia; University of Melbourne; Iowa State University; University of Technology Sydney
  摘要：The term audit style is used to characterize the unique set of internal working rules of each Big 4 audit firm for the implementation of auditing standards and the enforcement of GAAP within their clienteles. Audit style implies that two companies audited by the same Big 4 auditor, subject to the same audit style, are more likely to have comparable earnings than two firms audited by two different Big 4 firms with different styles. By comparable we mean that two firms in the same industry and y...
• Information Environment and the Investment Decisions of Multinational Corporations AI翻译
  作者：Shroff, Nemit; Verdi, Rodrigo S.; Yu, Gwen
  作者单位：Massachusetts Institute of Technology (MIT); Harvard University
  摘要：This paper examines how the external information environment in which foreign subsidiaries operate affects the investment decisions of multinational corporations (MNCs). We hypothesize and find that the investment decisions of foreign subsidiaries in country-industries with more transparent information environments are more responsive to local growth opportunities than are those of foreign subsidiaries in country-industries with less transparent information environments. Further, this effect i...
• The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information AI翻译
  作者：Drake, Michael S.; Guest, Nicholas M.; Twedt, Brady J.
  作者单位：Brigham Young University; Massachusetts Institute of Technology (MIT); Indiana University System; Indiana University Bloomington
  摘要：This study investigates the role of the business press in the pricing of accounting information. Using a comprehensive dataset of more than 111,000 earnings-related business press articles published from 2000 to 2010, we find that press coverage of the annual earnings announcement mitigates cash flow mispricing, but has a negligible effect on accrual mispricing. We provide evidence that this impact is driven primarily by the press disseminating the information more broadly, rather than by the ...
• The Routledge Companion to Accounting, Reporting and Regulation AI翻译
  作者：Hoffmann, Sebastian
  作者单位：HHL Leipzig Graduate School of Management
• Dual Class Ownership and Tax Avoidance AI翻译
  作者：McGuire, Sean T.; Wang, Dechun; Wilson, Ryan J.
  作者单位：Texas A&M University System; Texas A&M University College Station; University of Oregon
  摘要：This study investigates whether the agency conflicts inherent in a dual class ownership structure are associated with the level of firms' tax avoidance. Dual class ownership presents a unique agency problem because insiders control a majority of the votes of a firm despite having claims to a minority of the firm's cash flows. We examine the level of tax avoidance for a sample of dual class firms and find that the extent of tax avoidance declines as the difference between voting rights and cash...
• A History of Management Accounting: The British Experience AI翻译
  作者：Toms, Steven
  作者单位：University of Leeds
• Restoring the Tower of Babel: How Foreign Firms Communicate with US Investors AI翻译
  作者：Lundholm, Russell J.; Rogo, Rafael; Zhang, Jenny Li
  作者单位：University of British Columbia
  摘要：We examine the readability of text and the use of numbers in the annual filings and earnings press releases of foreign firms listed on U. S. stock exchanges. We find that foreign firms generally write clearer text and present relatively more numerical data than their U. S. firm counterparts. More importantly, we find that the readability of the text and use of numbers increases as the foreign firms get geographically further from the U. S. It also increases as the foreign firm's home country h...
• Management Forecast Quality and Capital Investment Decisions AI翻译
  作者：Goodman, Theodore H.; Neamtiu, Monica; Shroff, Nemit; White, Hal D.
  作者单位：Purdue University System; Purdue University; University of Arizona; Massachusetts Institute of Technology (MIT); University of Michigan System; University of Michigan
  摘要：Corporate investment decisions require managers to forecast expected future cash flows from potential investments. Although these forecasts are a critical component of successful investing, they are not directly observable by external stakeholders. In this study, we investigate whether the quality of managers' externally reported earnings forecasts can be used to infer the quality of their corporate investment decisions. Relying on the intuition that managers draw on similar skills when genera...
• Financial Reporting for Financial Instruments AI翻译
  作者：Hodder, Leslie D.
  作者单位：Indiana University System; Indiana University Bloomington
• Error Management in Audit Firms: Error Climate, Type, and Originator AI翻译
  作者：Gold, Anna; Gronewold, Ulfert; Salterio, Steven E.
  作者单位：Vrije Universiteit Amsterdam; University of Potsdam; Queens University - Canada
  摘要：This paper examines how the treatment of audit staff who discover errors in audit files by superiors affects their willingness to report these errors. The way staff are treated by superiors is labelled as the audit office error management climate. In a blame-oriented'' climate errors are not tolerated and those committing errors are punished. In contrast, an open'' climate characterizes error commitment as a normal, albeit unfortunate aspect of organizational life that offers opportunities for...