Contemporary Accounting Research最新文献_第10页

Business unit controllers' credibility and the hardening of local forecasts 业务部门主管的信誉和当地预测的硬化

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-11-02 DOI: 10.1111/1911-3846.12916

Leona Wiegmann, Lukas Petrikowski, Lukas Goretzki

{"title":"Business unit controllers' credibility and the hardening of local forecasts","authors":"Leona Wiegmann, Lukas Petrikowski, Lukas Goretzki","doi":"10.1111/1911-3846.12916","DOIUrl":"10.1111/1911-3846.12916","url":null,"abstract":"Focusing on multidivisional companies, this paper analyzes the hardening of local forecasts at the intersection of business units (BUs) and the corporate finance function. It investigates how BU controllers, accountable to both local management and the corporate finance function, seek to establish themselves as competent and trustworthy forecasters vis-à-vis their functional superiors. Drawing on Goffman's dramaturgical sociology, we demonstrate how these encounters constitute episodes in a multiperiod hardening game feeding into the management of forecast quality and anticipatory control. We illustrate how expressive performances of their competence and trustworthiness are vital for BU controllers to manage vertical information flows between the local and the corporate level and for aligning corresponding interests. Convincing performances can reinforce BU controllers' status as stewards of the forecasting process and help to maintain a “truce” between the local and the corporate level, assuring corporate controllers that the unit's future is under control.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"324-354"},"PeriodicalIF":3.6,"publicationDate":"2023-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12916","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135973090","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}

引用次数: 0

Promoting proactive auditing behaviors 促进积极主动的审计行为

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-10-31 DOI: 10.1111/1911-3846.12914

Mark E. Peecher, Michael A. Ricci, Yuepin (Daniel) Zhou

引用次数: 0

Common institutional ownership and stock price crash risk 普通机构所有权与股价暴跌风险

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-10-31 DOI: 10.1111/1911-3846.12915

Shenglan Chen, Hui Ma, Qiang Wu, Hao Zhang

引用次数: 0

The effect of shareholder scrutiny on corporate tax behavior: Evidence from shareholder tax litigation 股东监督对公司纳税行为的影响：股东税务诉讼的证据

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-10-20 DOI: 10.1111/1911-3846.12913

Dain C. Donelson, Jennifer L. Glenn, Sean T. McGuire, Christopher G. Yust

引用次数: 0

Trust, distrust, and open-book accounting in three client-vendor relationships 三种客户与供应商关系中的信任、不信任和开簿会计

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-10-20 DOI: 10.1111/1911-3846.12912

Henrik Agndal, Ulf Nilsson

{"title":"Trust, distrust, and open-book accounting in three client-vendor relationships","authors":"Henrik Agndal, Ulf Nilsson","doi":"10.1111/1911-3846.12912","DOIUrl":"10.1111/1911-3846.12912","url":null,"abstract":"Extant management accounting research has conceptualized the interplay between trust, distrust, and open-book accounting (OBA) as a relationship-level phenomenon, largely ignoring that inter-organizational relationships are often complex entities that comprise multiple arenas of exchange where (dis)trust and OBA can interact in different—and potentially contradictory—ways. To address this theoretical oversight, we draw on relational exchange theory to propose that (dis)trust largely forms within OBA domains where different forms of data are exchanged for different purposes. Trust and distrust may thereby coexist within a relationship. We also propose that (dis)trust spills over to influence the conditions for OBA in other domains. Consequently, trust and distrust not only take shape in cumulative processes within OBA domains but also diffuse between domains in a relationship. Empirical observations from a longitudinal case study of a retail buyer's attempts to introduce OBA in three vendor relationships lead us to suggest that competence-trust spillover is determined largely by domain similarity, while goodwill-trust spillover relies to a greater extent on staff mobility between OBA domains. Overall, the negative effects of distrust spillover on the implementation of OBA appear greater than the positive effects of trust spillover. Our study shows that, by analyzing the domain-specific nature of trust and distrust, future research can increase our understanding of the relationship between data characteristics and (dis)trust, as well as explain how trust and distrust interact to determine conditions for data exchange between organizations.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"292-323"},"PeriodicalIF":3.6,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12912","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135570763","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}

引用次数: 0

How do lead auditor instructions influence component auditors' evidence collection decisions? The joint influence of construal interpretations and responsibility 首席审计师的指示如何影响组成部分审计师的证据收集决策？解释性说明和责任的共同影响

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-10-14 DOI: 10.1111/1911-3846.12911

Skye Zhu, Soon-Yeow Phang

{"title":"How do lead auditor instructions influence component auditors' evidence collection decisions? The joint influence of construal interpretations and responsibility","authors":"Skye Zhu, Soon-Yeow Phang","doi":"10.1111/1911-3846.12911","DOIUrl":"10.1111/1911-3846.12911","url":null,"abstract":"Regulators have raised concerns about the quality of component auditors' work. Of particular concern is that component auditors often do not adequately perform procedures and gather enough quality evidence. This failure is likely caused by component auditors' different interpretations of lead auditor instructions and by their lack of responsibility. Our interview findings suggest that component auditors tend to interpret lead auditor instructions concretely because they often receive detailed instructions from lead auditors. We propose that a responsibility prompt reminding component auditors to be aware of their obligations to the group audit engagement can improve their evidence collection. In two experiments, we find that our proposed responsibility prompt can effectively improve component auditors' evidence collection decisions and that this finding holds across different cultural settings. Our third experiment provides evidence that a responsibility prompt improves component auditors' evidence collection when provided to auditors who receive instructions that prime low-level (but not high-level) construals. Overall, our findings suggest that prompting component auditors to internalize the responsibility of a group audit engagement is a viable way to improve the quality of group audits.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"591-619"},"PeriodicalIF":3.6,"publicationDate":"2023-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12911","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135800943","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}

引用次数: 0

The predictive ability of tax contingencies for future income tax cash outflows 税收或有事项对未来所得税现金流出的预测能力

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-09-27 DOI: 10.1111/1911-3846.12910

William A. Ciconte III, Michael P. Donohoe, Petro Lisowsky, Michael A. Mayberry

{"title":"The predictive ability of tax contingencies for future income tax cash outflows","authors":"William A. Ciconte III, Michael P. Donohoe, Petro Lisowsky, Michael A. Mayberry","doi":"10.1111/1911-3846.12910","DOIUrl":"10.1111/1911-3846.12910","url":null,"abstract":"Prior research shows that contingent liabilities do not accurately predict future cash payments due to the managerial discretion afforded by accounting standards. We examine the extent to which current accounting guidance for a material contingent liability—the reserve for unrecognized tax benefits (UTBs) under Financial Interpretation No. 48 (FIN 48)—generates accruals that are predictive of future income tax cash outflows. We document that UTBs fully unwind as cash tax payments over the subsequent 5 years, suggesting that managers, on average, accurately incorporate their expectations of future tax liabilities. This result persists for firms that are (1) most affected by the implementation of FIN 48, (2) unable to impound detection risk into their reserves, (3) engaged in relatively more ex ante tax avoidance, (4) suspected to have engaged in earnings management through the tax accounts, and (5) subject to plausibly exogenous shocks to tax reporting. Overall, our results suggest that current accounting guidance under FIN 48 for contingent tax liabilities enables managers to accurately report, and financial statement users to reliably predict, future cash obligations.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"355-390"},"PeriodicalIF":3.6,"publicationDate":"2023-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135535320","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}

引用次数: 0

How workplace identities and team management practices affect distributed team auditors' willingness to speak up 工作场所身份和团队管理实践如何影响分布式团队审计人员的发言意愿

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-09-26 DOI: 10.1111/1911-3846.12909

Chad A. Proell, Michael A. Ricci, Ken T. Trotman, Yuepin (Daniel) Zhou

{"title":"How workplace identities and team management practices affect distributed team auditors' willingness to speak up","authors":"Chad A. Proell, Michael A. Ricci, Ken T. Trotman, Yuepin (Daniel) Zhou","doi":"10.1111/1911-3846.12909","DOIUrl":"10.1111/1911-3846.12909","url":null,"abstract":"Distributed, rather than co-located, teams increasingly perform audit work, raising regulator concerns that distributed team communication issues may affect audit quality. We investigate upward communication (i.e., raising issues to supervisors), a key communication dimension related to audit quality. In Study 1, we survey 69 senior auditors to establish that distributed team upward communication suffers. Furthermore, distributed team auditors identify less with their teams and struggle to know when and how to speak up. Because both are linked to inhibited upward communication, we next experimentally test firm practices with the potential to attenuate these problems. Study 2, an experiment with 128 staff auditors and interns, reveals that making auditors' professional identities salient improves upward communication on co-located teams with strong team identities but not on distributed teams with weak team identities. Study 3, an experiment with 58 staff auditors, replicates a key Study 2 finding with a design that makes no reference to team identity strength. Specifically, in the presence of a salient professional identity, upward communication is significantly higher for co-located relative to distributed team auditors. Study 4, an experiment with 69 staff auditors, focuses solely on distributed teams. It indicates that several distributed team management practices, including one-on-one and standing daily meetings, encourage upward communication. Finally, Study 5, informal interviews with eight audit seniors, corroborates key survey and experimental findings. Combined, our results provide insights into why distributed team communication suffers, refine audit voice theory, and provide regulators, practitioners, and researchers with multiple paths to improve audit quality.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"562-590"},"PeriodicalIF":3.6,"publicationDate":"2023-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12909","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134958233","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}

引用次数: 0

The bullwhip effect, demand uncertainty, and cost structure 牛鞭效应、需求不确定性和成本结构

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-09-21 DOI: 10.1111/1911-3846.12908

Clara Xiaoling Chen, Jing Liang, Shilei Yang, Jing Zhu

{"title":"The bullwhip effect, demand uncertainty, and cost structure","authors":"Clara Xiaoling Chen, Jing Liang, Shilei Yang, Jing Zhu","doi":"10.1111/1911-3846.12908","DOIUrl":"10.1111/1911-3846.12908","url":null,"abstract":"The firm-level bullwhip effect is the amplification of demand uncertainty along a supply chain—that is, fluctuations in production (for manufacturing firms) or purchases from suppliers (for retailers or wholesalers) in a firm tend to be greater than its demand fluctuations. We predict that the bullwhip ratio (a proxy for the bullwhip effect) amplifies the relation between demand uncertainty and cost structure. We expect this amplifying effect because the bullwhip ratio determines the extent to which demand uncertainty translates into uncertainty in production or purchases, which, in turn, affects cost structure. Using data from public US firms over the 1990–2020 period, we find results consistent with our prediction. Specifically, we find that both the negative relation between demand uncertainty and cost elasticity in the manufacturing sector and the positive relation between the two in the retail/wholesale sectors are stronger for firms with higher bullwhip ratios. We contribute to the literature on cost structure by highlighting the important role of the bullwhip effect in cost structure decisions.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"195-225"},"PeriodicalIF":3.6,"publicationDate":"2023-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12908","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135874438","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}

引用次数: 0

The merits of securities litigation and corporate reputation 证券诉讼的利弊与企业声誉

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2023-09-20 DOI: 10.1111/1911-3846.12907

Dain C. Donelson, Antonis Kartapanis, Christopher G. Yust

{"title":"The merits of securities litigation and corporate reputation","authors":"Dain C. Donelson, Antonis Kartapanis, Christopher G. Yust","doi":"10.1111/1911-3846.12907","DOIUrl":"10.1111/1911-3846.12907","url":null,"abstract":"We explore how securities litigation affects corporate reputation. Experts remain concerned that nonmeritorious securities class actions—those that will be dismissed or settled for nuisance amounts—cause reputational damage. Although several prior studies show reputational costs for nonmeritorious cases, they generally use indirect measures based on returns or total market losses, which are mechanically associated with securities litigation elements. In contrast, we use a relatively direct reputation measure from Fortune's “Most Admired Companies” list. We find significant reputational damage after meritorious litigation, with the strongest cases having the largest effects. However, we find no evidence of reputational damage after nonmeritorious litigation. We also find that Fortune's reputational damage measure is associated with more negative returns around the litigation filing date. We show possible mechanisms for our results, as initial legal filings contain information allowing market participants to assess case merits. Our results imply that reputational damage is primarily due to fraud, which securities litigation helps reveal to the market, rather than litigation itself. Thus, reputational damage is not an issue in over 70% of securities class actions due to the high frequency of nonmeritorious cases.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 1","pages":"424-458"},"PeriodicalIF":3.6,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12907","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136313149","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}

引用次数: 0