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作者：Masschelein, Stijn; Cardinaels, Eddy; Van den Abbeele, Alexandra
作者单位：University of Western Australia; Tilburg University; KU Leuven
摘要：We examine the effect of more precise cost information on contract renegotiations between supply-chain parties. Specifically, we experimentally investigate the benefits of activity-based costing (ABC) information to address common supply-chain inefficiencies that are caused by the buyer or the seller, but have the same underlying costs. Results suggest that the impact of more precise cost information depends crucially on the cause of the inefficiency that parties need to address during the neg...
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作者：Agoglia, Christopher P.; Doupnik, Timothy S.; Tsakumis, George T.
作者单位：University of Massachusetts System; University of Massachusetts Amherst; University of South Carolina System; University of South Carolina Columbia; Drexel University
摘要：Recent accounting scandals have resulted in regulatory initiatives designed to strengthen audit committee oversight of corporate financial reporting and have led to a concern that U.S. GAAP has become too rules-based. We examine issues related to these initiatives using two experiments. CFOs in our experiments exhibit more agreement and are less likely to report aggressively under a less precise (more principles-based) standard than under a more precise (more rules-based) standard. Our results...
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作者：Hartmann, Frank
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
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作者：Das, Somnath; Kim, Kyonghee; Patro, Sukesh
作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Missouri System; University of Missouri Columbia; Northern Illinois University
摘要：This study examines how managers coordinate the joint use of earnings management and expectation management by estimating the relationship between these instruments and how this relationship changes as their respective constraints change. We do this by estimating structural models of the two instruments that account for the constraints on their use as well as their effects on each other. Our results suggest that managers use earnings management and expectation management complementarily when m...
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作者：Dickinson, Victoria
作者单位：University of Mississippi
摘要：This study develops a firm life cycle proxy using cash flow patterns. The patterns provide a parsimonious indicator of life cycle stage that is free from distributional assumptions (i.e., uniformity). The proxy identifies differential behavior in the persistence and convergence patterns of profitability. For example, return on net operating assets (RNOA) does not mean-revert (spread of 7 percent after five years between mature and decline firms) when examined by life cycle stage, which has imp...
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作者：Mashruwala, Christina A.; Mashruwala, Shamin D.
作者单位：City University of New York (CUNY) System; Baruch College (CUNY)
摘要：As an alternative way to shed light on the debate over whether accruals quality is a priced risk factor, we examine the effect of seasonality on the pricing of the modified Dechow and Dichev (2002) accruals quality measure (AQ). We find that (1) high AQ stocks outperform low AQ stocks only in January; (2) during the rest of the calendar year, high AQ firms underperform low AQ firms such that there is no AQ premium on an annual basis; (3) about half of the January AQ premium occurs during the f...
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作者：Ahmed, Anwer S.; Kilic, Emre; Lobo, Gerald J.
作者单位：Texas A&M University System; Texas A&M University College Station; University of Houston System; University of Houston
摘要：We provide evidence on the effects of SFAS 133 on the risk relevance of accounting measures of bank derivative exposures to bond markets. First, we find that interest rate derivatives classified as hedging are more negatively associated with fixed-rate bond spreads after SFAS 133. We also find that hedging derivatives offset non-trading positions to a greater extent after SFAS 133. Second, for the largest 25 banks, we find that interest and foreign exchange rate trading derivatives are more ne...
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作者：Hafzalla, Nader; Lundholm, Russell; Van Winkle, E. Matthew
作者单位：University of Michigan System; University of Michigan
摘要：We document how the effectiveness of an accruals-based trading strategy changes with the benchmark used to identify an extreme accrual. We measure percent accruals as accruals scaled by earnings, rather than total assets, and show that this seemingly small change produces a radically different sort of the data. We find that a trading strategy based on percent accruals yields significantly larger annual hedge returns than the traditional accruals measure, and does so mostly by improving the lon...
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作者：Oldroyd, David
作者单位：Newcastle University - UK
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作者：Elbashir, Mohamed Z.; Collier, Philip A.; Sutton, Steve G.
作者单位：Australian National University; University of Melbourne; State University System of Florida; University of Central Florida
摘要：This study examines the influence of organizational controls related to knowledge management and resource development on assimilation (i.e., strategic integration and use) of business intelligence (BI) systems. BI systems use analytics and performance management concepts to leverage enterprise system databases and provide core management control system (MCS) capability. Our results indicate that organizational absorptive capacity (i.e., the ability to gather, absorb, and strategically leverage...
