-
作者：Hope, Ole-Kristian; Wang, Cyndia; Wu, Yaqian; Zhang, Min
作者单位：University of Toronto; BI Norwegian Business School; University of British Columbia; Nanjing Agricultural University; Renmin University of China
摘要：Many countries have converged their domestic auditing standards with International Standards on Auditing (ISA). This study provides global empirical evidence on first-order determinants of audit quality by examining whether and how convergence affects audit quality through utilizing data on 41 jurisdictions and using a staggered difference-in-differences approach. We find that ISA convergence leads to higher audit quality on average. The positive effect is stronger for clients of domestic audi...
-
作者：(Alex) Yang, Hsiang-Chieh
作者单位：University System of Georgia; Augusta University
摘要：I explore the real effects of an update in loan loss accounting, the current expected credit loss (CECL) model. Although CECL's predecessor only required banks to recognize losses after an event that made a loan uncollectible, CECL requires banks to recognize expected lifetime credit losses when originating loans. CECL's earlier recognition of loan losses increases the cost of reserving regulatory capital for loans, decreasing banks' willingness to lend. Empirically, I find that, following CEC...
-
作者：Heese, Jonas; Pacelli, Joseph
作者单位：Harvard University
摘要：This study examines whether enterprise resource planning (ERP) implementations are associated with reductions in corporate misconduct. Specifically, we study the relation between staggered facility-level rollouts of ERP systems and facility-level regulatory violations across a large sample of U.S. firms. Our results indicate that facilitylevel ERP adoptions are associated with substantial reductions in local violations and penalties. Additional analyses suggest that the effects are more pronou...
-
作者：Fazzone, Brian; Fassler, Michael J.; Krebs, Jonathan; Agaba, Perez; Anderson, Erik; Shah, Samir K.
作者单位：State University System of Florida; University of Florida
摘要：Traditional carotid revascularization outcome measures often overlook meaningful changes in outcomes important to patients. Patient-reported outcomes are being used more often to assess how diseases and treatments affect these outcomes, with these insights gathered through patient-reported outcome measures (PROMs). This narrative review summarizes the PROM instruments applied in carotid revascularization studies, highlights key findings regarding quality of life (QoL) before and after interven...
-
作者：Chua, Wai Fong; Graaf, Johan; Kraus, Kalle
作者单位：University of Sydney; Stockholm School of Economics; Monash University
摘要：This longitudinal study investigates the integration of the controllability principle in the redesign of a performance measurement system (PMS). The PMS and the controllability principle are conceptualized as epistemic objects (open, question-generating, and complex objects) which are associated with varying stakeholder desires. The paper makes two contributions. First, it demonstrates how a PMS can oscillate between different interpretations of the controllability principle (narrow versus bro...
-
作者：Cao, Wenjiao
作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：This paper investigates the impact of accounting and auditing enforcement releases (AAERs) on the compensation policies of nonaccused firms. The investigation focuses on releases in which the SEC mentions top executives' pursuit of wealth through compensation schemes (i.e., compensation mentioned releases (CMRs)). Using a sample of AAERs from 1992 to 2021, I find that peer firms learn from these CMRs and significantly reduce their CEO's delta and vega following CMRs. Peer firms also decrease t...
-
作者：Buchanan, Jessica L.; Dodgson, Mary Kate; Piercey, M. David
作者单位：Providence College; Lehigh University; University of Massachusetts System; University of Massachusetts Amherst
摘要：Although q2 measures how well a pattern of means fits a custom contrast, there is no guidance for what values are good. We survey experimental accounting researchers who assess the fit between plots of means and contrast weights as poor, acceptable, good, or excellent. We find that graphical presentation effects and researchers' individual attributes influence their assessments. This suggests that research needs an ex ante method for evaluating q2, grounded empirically in the wisdom of the cro...
-
作者：Cruz, Aeson Luiz Dela; Dyball, Maria Cadiz; Patel, Chris
作者单位：Adelaide University; University of Adelaide; University of Sydney; Macquarie University
摘要：We examine how coproduction develops between auditors and clients and its potential impact on the professional skepticism (PS) of auditors. We mobilize Knechel, Thomas, and Driskill's (2020) theoretical framework and Social Exchange Theory to analyze interviews with 24 audit partners and 26 chief financial officers and controllers. We find that auditors and clients share a view that they cocreate audits as they each contribute and combine competencies. Coproduction redresses information asymme...
-
作者：Chang, Xin; Li, Shanmin; Liu, Chun; Sun, Liang; Zhang, Wenrui
作者单位：Nanyang Technological University; Sun Yat Sen University; Sun Yat Sen University; Colorado State University System; Colorado State University Fort Collins
摘要：We document that firms in more politically corrupt regions of China adopt more conservative accounting. The relation between local political corruption and accounting conservatism weakens after China's anticorruption campaign launched in 2012 and in firms with a lower risk of expropriation by corrupt officials, stronger incentives to report earnings aggressively, or greater gains from corruption. Further analysis shows that accounting conservatism and alternative corporate strategies complemen...
