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作者：Douthit, Jeremy D.; Martin, Patrick R.; McAllister, Michelle
作者单位：University of Arizona; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Northern Arizona University
摘要：We examine the effect of a charitable contribution matching (CCM) program on employee effort. In CCM programs, employers commit to match employees' donations to charity. We expect CCM to activate a norm of other-regarding behavior, inducing employees to increase effort to benefit their employer. Experimental results robustly support our expectation. We find that CCM increases effort under both fixed-wage and performance-based incentive contracts. Further, our results suggest that CCM is more e...
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作者：Anderson, Shannon W.; Cheng, Mandy M.; Phua, Yee Shih
作者单位：University of California System; University of California Davis; University of New South Wales Sydney
摘要：We investigate whether prior collaboration experience affects a focal partner's response to the precision of monitoring controls adopted by a new partner, with consequences for their goodwill trust in, and subsequent cooperation with, the new partner. We expect the partner to interpret their new partner's adoption of precise monitoring controls as either an effort to limit their autonomy or to reduce information asymmetry. The partner's experience with past partners is posited to determine whi...
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作者：Fox, Zackery D.; Jacob, Martin; Wilde, Jaron H.; Wilson, Ryan J.
作者单位：Brigham Young University; WHU - Otto Beisheim School of Management; University of Iowa
摘要：Amid growing globalization, many countries have offered tax incentives to attract corporate investment. Prior research studies the role such incentives play in firms' location and investment choices. However, we have limited evidence regarding the role that uncertainty about the intensity of future tax enforcement plays in those decisions. In 2013, the European Commission (E.C.) abruptly began investigating the tax-ruling practices of several countries in response to allegations that certain f...
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作者：Zeng, Wei; Lillis, Anne M.; Grafton, Jennifer; Dekker, Henri C.
作者单位：Australian National University; University of Melbourne; Vrije Universiteit Amsterdam; Copenhagen Business School
摘要：Cross-border alliances expose firms to heightened risks, posing different governance and control challenges than domestic alliances. We examine the impact of differences in alliance partner countries??? institutional environments. Analysis of survey data supports our contention that cross-border alliances involve a greater reliance on formal controls, particularly when firms collaborate with partners in countries with a weaker institutional environment. These relations exist regardless of gove...
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作者：Basu, Sudipta; Ma, Xinjie; Briscoe-Tran, Hoa
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; National University of Singapore; University System of Ohio; Ohio State University
摘要：We show that firms' investment opportunity sets (IOS) are multidimensional. Analyzing Form 10-K texts, we identify 445 unique keywords that predict firms' future investments during 1995-2009 and combine them into 43 underlying factors. Industry-specific factors include Bio-Pharma, Banking, Information Technology, Oil and Gas, and Retail Stores, while more general factors include Equity Intensity, Debt Intensity, Lease, Going Concern, and Acquisition. These factors form our multidimensional mea...
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作者：Lennox, Clive S.; Wu, Xi
作者单位：University of Southern California
摘要：This study examines whether audit adjustments are a mechanism that links the effect of mandatory internal control audits (MICAs) on financial reporting quality. We argue that the requirement for auditors to publicly disclose internal control weaknesses exacerbated auditor-client conflicts and that this resulted in auditors being less likely to detect (and correct) misstatements in their clients' pre-audit financial statements. Consistent with this argument, we find significant reductions in au...
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作者：Green, Danielle H.; Henry, Erin; Parsons, Sarah M.; Plesko, George A.
作者单位：Fordham University; University of Arkansas System; University of Arkansas Fayetteville; Sacred Heart University; University of Connecticut; University of Arkansas System; University of Arkansas Fayetteville; Sacred Heart University
摘要：We examine whether public financial statement information is incrementally useful in forecasting confidential taxable income. More precise firm-level taxable income forecasts can improve policymakers' modeling of the tax system and the analysis of proposed changes in corporate tax law, while more accurate macro-level forecasts of corporate taxable income can improve estimates of corporate tax revenues, a significant component of the federal budget. We find the addition of financial statement i...
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作者：Baloria, Vishal P.; Lo, Alvis K.; Shu, Susan
作者单位：University of Connecticut; Boston College
摘要：We examine whether the media can act as a friction that hampers the efficiency of corporate labor investment, a decision that attracts significant media attention. We develop a new measure of media exposure that takes into account the circulation and geographic proximity of a comprehensive set of media outlets. We show media exposure leads to greater labor investment inefficiency. Closer examination reveals that media exposure is associated with firms underhiring, but not underfiring. This und...
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作者：Hinson, Lisa A.; Pundrich, Gabriel P.; Zakota, Mark
作者单位：State University System of Florida; University of Florida; University System of Maryland; University of Maryland College Park
摘要：The disclosure requirements of ASC 606 significantly expanded the volume and granularity of revenue information. However, because of the significant judgment associated with the standard, it is unclear whether the new disclosures increased the decision-usefulness of financial reports. To shed light on this question, we investigate the revenue disaggregation requirements of ASC 606. These requirements had significant disclosure consequences, illustrated by an over two-fold increase in the media...
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作者：Arya, Anil; Mittendorf, Brian; Ramanan, Ram N., V
作者单位：University System of Ohio; Ohio State University; State University of New York (SUNY) System; Binghamton University, SUNY
摘要：When a firm's input supplier can acquire and misreport private information to gain an edge in negotiations, we show that the firm can blunt the supplier's informational advantage by permitting inefficiencies in its own internal production. Specifically, we establish that a modest increase in the cost of the input(s) a firm makes internally credibly commits it to be more aggressive in negotiations with a supplier for the input(s) the firm buys. Recognizing that its potential information rents w...
