Contemporary Accounting Research最新文献

{"title":"CAR 2025 Reviewer Recognition / Reconnaissance des réviseurs 2025 de RCC","authors":"","doi":"10.1111/1911-3846.70005","DOIUrl":"https://doi.org/10.1111/1911-3846.70005","url":null,"abstract":"<p>Beginning May 1, 2020, with the strong support of our team of Editors, <i>CAR</i> implemented a reviewer recognition program. The purpose of the program is to annually recognize reviewers, nominated by the Editors, who regularly perform exceptionally high-quality and timely reviews. <i>CAR</i> has a long-standing tradition of providing thoughtful and constructive reviews, so to receive recognition under this program is a very noteworthy accomplishment. Of the 879 individuals who submitted high-quality reviews from June 1, 2024, to June 1, 2025, the 13 listed below were selected by the Editors as being especially worthy of receiving recognition. Congratulations and thank you to each of them!</p><p>En date du 1^er mai 2020, grâce au solide soutien de son équipe de rédacteurs, <i>RCC</i> a mis en œuvre un programme de reconnaissance des réviseurs. Ce programme vise à souligner annuellement la contribution de réviseurs, nommés par les rédacteurs, qui effectuent régulièrement des révisions de qualité exceptionnelle dans les délais impartis. En regard de la longue tradition de <i>RCC</i> en matière de production de révisions judicieuses et constructives, le fait d'être reconnu dans le cadre de ce programme est un accomplissement remarquable. Parmi les 879 personnes qui ont soumis des révisions de grande qualité entre le 1^er juin 2024 et le 1^er juin 2025, les rédacteurs ont jugé que l'apport des 13 personnes énumérées ci-dessous méritait tout particulièrement d'être souligné. Félicitations et merci à chacun de vous!</p><p>• Musaib Ashraf, Michigan State University</p><p>• Matt Bamber, York University</p><p>• Michael Drake, Brigham Young University</p><p>• June Huang, University of Texas at Dallas</p><p>• Michael Jung, University of Delaware</p><p>• Kevin Li, Santa Clara University</p><p>• Xiaotao (Kelvin) Liu, Northeastern University</p><p>• Federico Siano, University of Texas Dallas</p><p>• Blake Steenhoven, Queen's University</p><p>• Sarah Stein, Virginia Tech</p><p>• Mary Vernon, University of Illinois Chicago</p><p>• Joshua White, Vanderbilt University and PCAOB</p><p>• Ryan Wilson, University of Iowa</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":""},"PeriodicalIF":3.8,"publicationDate":"2025-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.70005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Cashiers' contribution to organizations: A feminist perspective of accounting and countering","authors":"Nathalie Clavijo,&nbsp;Claire Dambrin","doi":"10.1111/1911-3846.13061","DOIUrl":"https://doi.org/10.1111/1911-3846.13061","url":null,"abstract":"<p>This paper examines how a low-skilled, gendered occupational group collectively counters representations of its contribution to organizational performance. We situate this process within the literature on counter accounts—alternative representations designed to rectify perceived harms or injustices. Our study focuses on cashiers, referred to as “checkout hostesses” in their organization's gendered terminology, in the highly masculine building supplies sector. Drawing on a feminist theorization of counter accounts and a 1-year ethnography at two levels (in a store and in a cashiers' working group), we show that cashiers produce three counter accounts: (1) a vocational qualification that highlights their accounting and selling skills, (2) a reframing of their customer credit activities as a contribution to sales, and (3) a quantification of their selling activity in a dashboard tracking sales at the checkout. These counter accounts challenge patriarchal social structures that frame their job as a low-status “woman's job,” objectify them, and overshadow their contribution to organizational performance. We advance the concept of counter accounts from the inside, showing that they do not merely denounce oppression but also repurpose stereotypical gender and class norms as resources for collective empowerment. We also emphasize how internal organizational support fosters occupational groups' awareness of their agency. Finally, we argue that the potential and limitations of counter accounts must be assessed from the perspective of the vulnerable group itself, broadening their understanding as emancipatory tools produced for the “other” by the “other.”</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"2188-2219"},"PeriodicalIF":3.8,"publicationDate":"2025-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145013261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Caught between two worlds: Big 4 professionals moving to non–Big 4 firms","authors":"Laurence Daoust,&nbsp;Candice T. Hux,&nbsp;Aleksandra B. Zimmerman","doi":"10.1111/1911-3846.13057","DOIUrl":"https://doi.org/10.1111/1911-3846.13057","url":null,"abstract":"<p>Researchers have studied the entry of professionals into the public accounting field, their careers at an organization, and their exit from the field. However, they have largely overlooked the mobility of these professionals, whose careers involve firm transfers. Drawing on Bourdieu's sociology and interviews with 31 transferees and 7 non–Big 4 legacy partners, we examine the move of Big 4 professionals to non–Big 4 firms. Our findings show that transferees have an ingrained belief that a Big 4 career is the ideal professional trajectory. But they experience points of disjuncture at these firms, prompting them to reevaluate this organizational illusio and their career aspirations and ultimately reinforcing their transfer decision. After moving, transferees learn by trial and error how to valorize and layer their habitus and different forms of capital in order to adjust to the non–Big 4 firms. Our findings challenge prior assumptions about the superiority of Big 4 professionals and the distinctive forms of their capital by showing that the capital needed to obtain powerful positions at Big 4 and non–Big 4 firms are similar, but that its nature and relative value varies. Our findings reveal a paradoxical dynamic in which transferees' Big 4 habitus and capital undergo a complex, iterative process of valorization and layering when these professionals move within the public accounting field. This contrasts with a materialization of professional domination that occurs when former Big 4 employees move outside the public accounting field. For most of our transferees, dissonance also develops between the Big 4 and non–Big 4 layers of their habitus, and they never completely deconstruct their organizational illusio. These findings reveal that the reflexivity of transferees is both shaped and limited by their Big 4 habitus and illusio. Overall, our results contribute to the understanding of professional mobility within the public accounting field.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"2156-2187"},"PeriodicalIF":3.8,"publicationDate":"2025-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.13057","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012847","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Right on target: Is public disclosure of non-GAAP earnings associated with M&A efficiency?","authors":"Ciao-Wei Chen,&nbsp;Frank Heflin,&nbsp;Patrick W. Ryu,&nbsp;Jasmine Wang","doi":"10.1111/1911-3846.13064","DOIUrl":"https://doi.org/10.1111/1911-3846.13064","url":null,"abstract":"<p>We examine the association between target firms' public non-GAAP earnings disclosures and merger and acquisition (M&amp;A) efficiency. This research question is important, given the widespread use of non-GAAP metrics in M&amp;A valuation and lack of evidence regarding the real effects of non-GAAP disclosure. Public non-GAAP disclosure can enhance bidders' ability to assess a target's core earnings and potential synergy, especially in the earlier stages of due diligence, and enable bidders to make better M&amp;A decisions. We find that target firms' non-GAAP disclosures are associated with greater M&amp;A efficiency, greater synergies, and lower likelihood of post-acquisition goodwill impairment. We also find some evidence that target firms' non-GAAP disclosures are positively related to post-acquisition operating performance. Further, we find modest evidence that the positive relation between non-GAAP disclosures and M&amp;A efficiency is stronger (1) for targets that are more difficult to value, (2) for targets with weaker information environments, and (3) when targets' non-GAAP numbers are of higher quality. Overall, our evidence suggests that non-GAAP disclosures help facilitate efficient resource allocation in M&amp;As and are associated with real effects on corporate investment. Our evidence is potentially relevant to regulators' concerns about the usefulness of non-GAAP metrics.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"2122-2155"},"PeriodicalIF":3.8,"publicationDate":"2025-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.13064","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012036","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The influence of client incivility and coping strategies on audit professionals' judgments","authors":"Tim D. Bauer,&nbsp;Sean M. Hillison,&nbsp;Ala Mokhtar","doi":"10.1111/1911-3846.13059","DOIUrl":"https://doi.org/10.1111/1911-3846.13059","url":null,"abstract":"<p>Prior research demonstrates that audit professionals encounter client incivility. We extend this research by examining whether client incivility negatively impacts auditors' judgments and whether any adverse effects are reduced when auditors use coping strategies. We first collect descriptive survey evidence revealing that client incivility toward auditors is more widespread than currently documented. Next, using an experiment, we predict and find that auditors who experience client incivility (vs. those who do not) are less likely to challenge aggressive reporting if they are not prompted to cope. We also find that active coping reduces the adverse impact of client incivility, whereas findings for passive coping are inconclusive. Audit standards and users of financial statements expect auditors to fulfill their duty of maintaining a high level of professional skepticism irrespective of external circumstances. Our findings highlight the challenges auditors face in meeting these expectations when facing uncivil clients, thus posing a threat to audit quality.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"2062-2089"},"PeriodicalIF":3.8,"publicationDate":"2025-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.13059","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145013204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Does audit partner individualism reduce client earnings comparability? Evidence from the United States","authors":"Young Hoon Kim,&nbsp;Yinghua Li,&nbsp;Dechun Wang","doi":"10.1111/1911-3846.13062","DOIUrl":"https://doi.org/10.1111/1911-3846.13062","url":null,"abstract":"<p>We examine whether audit partner individualism reduces earnings comparability in the United States. We argue that individualistic audit partners are more likely to deviate from internal working rules and allow clients more flexibility in making accounting choices, consequently decreasing their clients' earnings comparability. Using a novel partner-level measure of individualism, we find that within individual Big 4 audit firms, earnings are less comparable between a company audited by an individualistic partner and a company audited by a non-individualistic partner, relative to a pair of companies that are each audited by a non-individualistic partner. Our inferences are robust to a changes analysis, a falsification test, and a propensity score matching procedure. We also find that the effect of partner individualism is less salient when the audit firm is under more stringent regulatory monitoring and when clients are more important, but more salient when individualistic partners are more confident about being different. Further analyses suggest that our main inferences are robust to controlling for differences in partners' cultural backgrounds and using client-pairs audited by the same audit partner. Collectively, our study provides novel evidence on the role of auditor individualism in earnings comparability.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"2090-2121"},"PeriodicalIF":3.8,"publicationDate":"2025-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145013203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Are intergroup differences between the audit committee and the rest of the board associated with monitoring effectiveness?","authors":"Ann Gaeremynck,&nbsp;Simon Dekeyser,&nbsp;Liesbeth Bruynseels,&nbsp;Mathijs Van Peteghem","doi":"10.1111/1911-3846.13055","DOIUrl":"https://doi.org/10.1111/1911-3846.13055","url":null,"abstract":"<p>In contrast to prior research that typically focuses on the characteristics of the audit committee (AC), we investigate how intergroup differences between the AC and the rest of the board (ROB) affect monitoring effectiveness. Drawing on group literature and the similarity attraction paradigm, we hypothesize that high intergroup differences between the AC and the ROB impede communication and information sharing. Poor “fit” between the AC and the ROB can lead to an “us versus them” mentality that reduces trust and hinders knowledge exchange, diminishing monitoring effectiveness. Using a sample of listed US firms, we find that intergroup differences between the AC and the ROB in terms of their respective characteristics are linked to a lower likelihood of reporting an existing or likely material weakness, higher discretionary accruals, and a lower likelihood of a going-concern opinion among financially distressed firms. These negative effects are most pronounced when the AC and the ROB are very different (i.e., in the upper quartile and decile of the AC-ROB distance distribution). Additional analyses show a higher probability of a Big R restatement, a lower likelihood of a Big R restatement when a material misstatement likely exists, and a lower likelihood of goodwill impairment when one is expected. Notably, the adverse impact of AC-ROB dissimilarity is more prominent when the AC is less powerful or lacks group stability. Regulators and companies should be aware that AC composition decisions cannot be made in isolation because large intergroup differences in director profiles between the AC and the ROB reduce monitoring effectiveness.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"2027-2061"},"PeriodicalIF":3.8,"publicationDate":"2025-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145013222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Dissecting corporate tournaments: Multilayered structures and firm performance","authors":"Sang Ahn,&nbsp;Jeong-Hoon Hyun,&nbsp;Kentaro Koga,&nbsp;Jae Yong Shin","doi":"10.1111/1911-3846.13054","DOIUrl":"https://doi.org/10.1111/1911-3846.13054","url":null,"abstract":"<p>This study examines the association between firm performance and promotion incentives (i.e., the product of vertical pay disparity and promotion probability) in multilayer corporate tournaments using a unique data set of Korean public firms. We dissect the corporate tournament into layers and separately examine their association with firm performance while also accounting for the role of promotion probability. We find that (1) upper-layer, rather than lower-layer, tournaments are the main drivers of the positive association between vertical pay disparity and firm performance and (2) this association becomes stronger with higher promotion probability, consistent with tournament theory, but only in the upper layer. These results are more pronounced in settings where tournament incentives are plausibly more important, such as those characterized by high labor productivity and high average tenure. Our study draws a comprehensive picture of the corporate tournaments that simultaneously accounts for various factors that previous studies have examined only in isolation.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"1987-2026"},"PeriodicalIF":3.8,"publicationDate":"2025-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.13054","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012974","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Disclosure to competitors in light of endogenous firm investments","authors":"Anil Arya,&nbsp;Hans Frimor,&nbsp;Brian Mittendorf,&nbsp;Thomas Pfeiffer","doi":"10.1111/1911-3846.13050","DOIUrl":"https://doi.org/10.1111/1911-3846.13050","url":null,"abstract":"<p>This paper extends a familiar model of competition and disclosure to incorporate the practical feature that firms may not only hold private information about consumer demand, but they can also influence demand by the investments they make in improving product quality. Such investments can reflect installing new product features, improving durability, adding design enhancements, and the like. This paper demonstrates that investments stand to significantly influence the firm's preference for disclosures and, in fact, become a determining feature of disclosure choice. In particular, under Cournot competition, a firm prefers disclosure when the industry-wide effects of information and investments are concordant. That is, if both product quality and demand information have large positive industry spillovers, disclosure is desirable because it promotes implicit cooperation in investments; if both have low spillover, disclosure permits a firm to convey strength to a rival and then use quantity and quality in concert to dominate the market precisely when the firm's demand is at its peak.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"1960-1986"},"PeriodicalIF":3.8,"publicationDate":"2025-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.13050","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012892","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Organizational altercasting: Developing impression management and cyber-risk disclosures","authors":"Monika Łada,&nbsp;Alina Kozarkiewicz,&nbsp;Jim Haslam,&nbsp;Agnieszka Kabalska,&nbsp;Frank Mueller","doi":"10.1111/1911-3846.13056","DOIUrl":"https://doi.org/10.1111/1911-3846.13056","url":null,"abstract":"<p>The study develops theorizing of external organizational communications that entail impression management. This includes developing linkages to Goffman's work and a Goffmanian research tradition. Our approach innovatively articulates dimensions of impression management entailing the presentation of others and nuanced practices of what we term organizational altercasting (OAC). Altercasting has been conceptualized in a Goffmanian tradition. OAC, seen as implicated in more developed organizational impression management (OIM), involves an organization constructing for another/others (an audience with whom the organization interacts) a persona that is congruent with the organization's goals. Our theorizing also innovatively draws from Goffmanian insight in a coherently associated way—namely, by appreciating the pervasiveness of interaction rituals, including those that take place in an organizational communication style using today's technology. We suggest that OAC especially tends to entail tact. The empirical focus is a case analysis of a Polish bank (CB) facing challenges of cybersecurity and disclosing/communicating externally on cybersecurity/cyber-risk. For insight, we address this question: In terms of a developed theorizing of OIM (including OAC), how did the bank respond to external challenges, related to cybersecurity, through public disclosures/communications? A content analysis of types of multimedia, with attention given to context, indicated the importance of the presentation of others. We were drawn to how CB's customers, a key audience, were presented in CB's external communications, highlighting long-term engagement in, and an increase in the significance of, these communications. For our case, articulation of OIM and the presentation of others was further developed through OAC, with particular attention given to communication style vis-à-vis modern technology. Our work promotes OAC's wider applicability, including beyond cyber-risk disclosures.</p>","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"42 3","pages":"1929-1959"},"PeriodicalIF":3.8,"publicationDate":"2025-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.13056","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012849","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}