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作者：Keune, Marsha B.; Johnstone, Karla M.
作者单位：University of South Carolina System; University of South Carolina Columbia; University of Wisconsin System; University of Wisconsin Madison
摘要：This study investigates how manager and auditor incentives, along with audit committee characteristics, are associated with materiality judgments about detected misstatements. Using data on detected misstatements that occurred between 2003 and 2006, we find auditors' incentives to protect their reputations weaken the effect of managerial incentives associated with the pressure created by analyst following; auditors are less likely to allow managers to waive material misstatements as audit fees...
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作者：Magro, Anne M.; Nutter, Sarah E.
作者单位：George Mason University
摘要：Evidence evaluation in accounting often involves both the assessment of evidence relevance and the combination of its relevance and source to assess overall strength. We decompose this strength-assessment judgment into its components-relevance assessment and source and relevance combination-and consider the effects of experience. Participants in our experiment assess the strength and relevance of tax authorities in relation to a client scenario. Contrary to prior research, we find that more-ex...
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作者：Florou, Annita; Pope, Peter F.
作者单位：University of London; King's College London; City St Georges, University of London
摘要：We examine whether the mandatory introduction of International Financial Reporting Standards leads to an increase in institutional investor demand for equities. Using a large ownership database covering all types of institutional investors from around the world, we find that institutional holdings increase for mandatory IFRS adopters. Changes in holdings are concentrated around first-time annual reporting events. Second, we document that the positive IFRS effects on institutional holdings are ...
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作者：De Waegenaere, Anja; Sansing, Richard C.; Wielhouwer, Jacco L.
作者单位：Tilburg University; Dartmouth College; Vrije Universiteit Amsterdam
摘要：This study examines the effects of taxation on the incentives of multinational firms to develop and use intellectual property. We model optimal investment and production decisions by firms that engage in a patent race by making R&D investments. We investigate how taxes affect the level and efficiency of R&D investments, and how these effects depend on whether the winner of the patent race uses it by either producing in the country in which the patent was developed (the domestic country) or in ...
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作者：Dao, Mai; Raghunandan, K.; Rama, Dasaratha V.
作者单位：University System of Ohio; University of Toledo; State University System of Florida; Florida International University
摘要：The Advisory Committee on the Auditing Profession (ACAP), formed by the U.S. Department of the Treasury, has recommended that all public companies be required to have shareholder ratification of auditor selection. Using data from 1,382 firms for the year ending December 31, 2006, we find that audit fees are higher in firms with shareholder voting on auditor ratification. We also find that firms that started having a shareholder vote pay higher fees than firms that stopped having a shareholder ...
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作者：Elliott, W. Brooke; Hodge, Frank D.; Sedor, Lisa M.
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Washington; University of Washington Seattle; DePaul University
摘要：Press releases accompanying earnings restatements attempt to minimize negative reactions by explaining the reasons for the restatement. Although text-based press releases have been the norm for years, firms have recently begun using online video for such announcements. We examine the implications of doing so, and find that when a CEO accepts responsibility by making an internal attribution for a restatement, investors viewing the announcement online via video recommend larger investments in th...
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作者：Kadous, Kathryn; Mercer, Molly
作者单位：Emory University; DePaul University
摘要：We conduct an experiment with 749 mock jurors to examine whether juries Evaluate auditors differently under precise versus imprecise standards when the client reporting is held constant. We find that the impact of standard precision on jury verdicts depends on the aggressiveness of the audit client's financial reports and on the industry reporting norm. When the client's reporting is more aggressive and violates the precise standard, juries return fewer verdicts against auditors under the impr...
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作者：Atwood, T. J.; Drake, Michael S.; Myers, James N.; Myers, Linda A.
作者单位：State University System of Florida; Florida State University; Brigham Young University; University of Arkansas System; University of Arkansas Fayetteville
摘要：We examine whether three tax system characteristics-required book-tax conformity, worldwide versus territorial approach, and perceived strength of enforcement-impact corporate tax avoidance across countries after controlling for firm-specific factors previously shown to be associated with tax avoidance (i.e., performance, size, operating costs, leverage, growth, the presence of multinational operations, and industry) and for other cross-country factors (i.e., statutory corporate tax rates, ear...
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作者：Kim, Jeong-Bon; Liu, Xiaohong; Zheng, Liu
作者单位：City University of Hong Kong; University of Hong Kong
摘要：This study examines the impact of International Financial Reporting Standards (IFRS) adoption on audit fees. We first build an analytical audit fee model to analyze the impact on audit fees for the change in both audit complexity and financial reporting quality brought about by IFRS adoption. We then test the model's predictions using audit fee data from European Union countries that mandated IFRS adoption in 2005. We find that mandatory IFRS adoption has led to an increase in audit fees. We a...
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作者：Cready, William M.; Lopez, Thomas J.; Sisneros, Craig A.
作者单位：University of Texas System; University of Texas Dallas; University of Alabama System; University of Alabama Tuscaloosa; University of Colorado System; University of Colorado Denver; Children's Hospital Colorado; University of Colorado Anschutz Medical Campus
摘要：Burgstahler et al. (2002) investigate the implications of special items for future earnings and report that firms use negative special items to accelerate the recognition of future expenses into the current period. That is, negative special items serve as an inter-period transfer device. We extend their analysis and find that earnings increase in post-special item quarters beyond the four quarters considered in Burgstahler et al. (2002). In particular, we find that future earnings increase ove...
