Contemporary Accounting Research最新文献_第4页

Can second-chance provisions increase the effectiveness of penalty contracts? Evidence from a quasi field experiment 二次机会条款能否提高处罚合同的效力？来自准现场实验的证据

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-06-08 DOI: 10.1111/1911-3846.12961

Clara Xiaoling Chen, Laura W. Wang, Anne Wu, Steve Yuching Wu

{"title":"Can second-chance provisions increase the effectiveness of penalty contracts? Evidence from a quasi field experiment","authors":"Clara Xiaoling Chen, Laura W. Wang, Anne Wu, Steve Yuching Wu","doi":"10.1111/1911-3846.12961","DOIUrl":"10.1111/1911-3846.12961","url":null,"abstract":"Penalty contracts are commonly utilized in developing countries. Such contracts may be perceived as unfair, potentially reducing employee motivation and performance. We predict that adding a second-chance provision, an opportunity to reverse a penalty for poor performance if subsequent performance improves, could improve the effectiveness of penalty contracts. In a quasi field experiment at a company with two manufacturing facilities in Taiwan, we treated one facility with a traditional-penalty contract without a second-chance provision and the other with a penalty contract with a second-chance provision. We observe a significant difference in the two treatment effects, with employee performance decreasing significantly after the traditional-penalty treatment but showing no decrease when a second-chance provision was included. Further analysis reveals that this difference is mediated by employees' fairness perceptions. These results provide valuable insights to governments, nongovernmental organizations, and multinationals as they work together to improve the fairness of global compensation practices.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 3","pages":"1672-1694"},"PeriodicalIF":3.2,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12961","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141370038","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

Does auditor style influence non-GAAP earnings disclosure? 审计师风格是否会影响非美国通用会计准则的盈利披露？

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-06-01 DOI: 10.1111/1911-3846.12952

Frank Heflin, Jacqueline Tan, Karen Ton, Jasmine Wang

{"title":"Does auditor style influence non-GAAP earnings disclosure?","authors":"Frank Heflin, Jacqueline Tan, Karen Ton, Jasmine Wang","doi":"10.1111/1911-3846.12952","DOIUrl":"10.1111/1911-3846.12952","url":null,"abstract":"Regulators and practitioners have concerns that the lack of standardization in non-GAAP disclosure can make it challenging for users to process non-GAAP earnings and use it in decision-making. We examine whether auditor style extends beyond mandatory disclosures to induce similarity in non-GAAP earnings disclosures. Specifically, we find that clients audited by the same auditor are more likely to disclose non-GAAP earnings in a similar manner. We assess disclosure similarity using (1) the decision to disclose non-GAAP earnings, (2) the disclosure prominence of non-GAAP earnings in the earnings press release, (3) the discussion of non-GAAP earnings in the management discussion and analysis of the annual report, (4) the choice to exclude recurring items, and (5) the receipt of SEC comment letters related to non-GAAP earnings. We find that the association between auditor style and non-GAAP disclosure is determined by Big 4 accounting firms and clients audited by the same audit office. The results are stronger for larger audit offices and smaller clients. We provide evidence that auditors facilitate non-GAAP disclosure, which can improve compliance with SEC requirements and increase the standardization of non-GAAP earnings disclosures. Our results are relevant to current policy discussions regarding auditor involvement in unaudited non-GAAP earnings reporting.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 3","pages":"1639-1671"},"PeriodicalIF":3.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12952","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141188683","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 impacts of federal judge ideology on auditor litigation risk and auditor behavior 联邦法官意识形态对审计师诉讼风险和审计师行为的影响

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-05-29 DOI: 10.1111/1911-3846.12950

Liuchuang Li, Baolei Qi, Ping Zhang

引用次数: 0

Firm-level political risk and bank loan contracting 公司层面的政治风险和银行贷款契约

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-05-29 DOI: 10.1111/1911-3846.12951

Walid Saffar, Yang Wang, K. C. John Wei

引用次数: 0

Managers' career preferences and corporate culture 管理人员的职业偏好和企业文化

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-05-16 DOI: 10.1111/1911-3846.12948

Margaret A. Abernethy, Chung-Yu Hung, Like Jiang

引用次数: 0

Bank sentiment and liquidity hoarding 银行情绪和流动性囤积

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-05-10 DOI: 10.1111/1911-3846.12949

Allen N. Berger, Hugh Hoikwang Kim, Xiaonan “Flora” Ma

引用次数: 0

Government subsidies and income smoothing 政府补贴和收入平滑

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-05-08 DOI: 10.1111/1911-3846.12947

Kostas Pappas, Martin Walker, Alice Liang Xu, Cheng (Colin) Zeng

引用次数: 0

Oligarchy in professional accounting bodies: Challenges for governance and leader-member relations 专业会计机构中的寡头政治：治理和领导者与成员关系面临的挑战

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-03-13 DOI: 10.1111/1911-3846.12946

Conor Clune, Paul Andon

{"title":"Oligarchy in professional accounting bodies: Challenges for governance and leader-member relations","authors":"Conor Clune, Paul Andon","doi":"10.1111/1911-3846.12946","DOIUrl":"10.1111/1911-3846.12946","url":null,"abstract":"Drawing on Robert Michels's “iron law” of oligarchy, this study examines a governance crisis that unfolded at one of the world's largest professional accounting bodies (PABs)—CPA Australia. We leverage Michels's century-old contribution to the social sciences to explore how this crisis sheds light on the challenges that PAB governance arrangements can pose when PAB leadership and membership priorities conflict. By applying Michels's seminal work to theorize the origins, escalation, leadership collapse, and eventual resolution of this PAB governance crisis, we illuminate how governance arrangements fueled conflict and fostered a democratic deficit that frustrated sections of the membership in their attempts to debate issues, exercise accountability on leadership matters, and become involved in governance reform. Overall, our analysis reveals that despite espoused principles of equity and participation, PABs are vulnerable to oligarchy impacting how their leaders relate to the interests of their members. Implications for the capacity of PABs to accommodate member conflict and for member participation in the current-day professional context are discussed.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 3","pages":"1419-1448"},"PeriodicalIF":3.2,"publicationDate":"2024-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12946","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140153969","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

Shareholder perceptions of external tax advisors in corporate tax planning 股东对企业税务筹划中外部税务顾问的看法

IF 3.6 3区管理学

Contemporary Accounting Research Pub Date : 2024-03-10 DOI: 10.1111/1911-3846.12945

Michael P. Donohoe, Brian T. Gale, Michael A. Mayberry

{"title":"Shareholder perceptions of external tax advisors in corporate tax planning","authors":"Michael P. Donohoe, Brian T. Gale, Michael A. Mayberry","doi":"10.1111/1911-3846.12945","DOIUrl":"10.1111/1911-3846.12945","url":null,"abstract":"We examine shareholders' perceptions about how external tax advisors contribute to corporate tax planning. As residual claimants of corporate tax planning, shareholders benefit from lower corporate taxes, but also bear the financial and reputational costs of subsequent tax enforcement. Despite the influential advisory role of external tax advisors in corporate tax planning, existing research on how shareholders perceive this role is limited. Using event study methods and exploiting the heightened regulation of tax advice through the covered opinion rules as a setting, we observe average and cross-sectional stock returns consistent with shareholders perceiving external tax advisors as contributing unfavorably to tax planning by promoting excessively risky strategies. We further find that risky and overall tax planning declined across firms after the enactment of the rules, consistent with shareholders' perceptions about tax advisors' contributions to firms' tax planning. Overall, our findings contribute to research on shareholder perceptions and valuation of tax planning, and have important implications for practice, where regulatory oversight of external tax advisors remains a significant concern.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 2","pages":"1311-1345"},"PeriodicalIF":3.6,"publicationDate":"2024-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12945","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140098972","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

Accounting and silence: The unspeakable, the unsaid, and the inaudible 会计与沉默：不可说、不可说和不可听

IF 3.2 3区管理学

Contemporary Accounting Research Pub Date : 2024-03-10 DOI: 10.1111/1911-3846.12944

Caecilia Drujon d'Astros, Jérémy Morales, Bernard Leca

{"title":"Accounting and silence: The unspeakable, the unsaid, and the inaudible","authors":"Caecilia Drujon d'Astros, Jérémy Morales, Bernard Leca","doi":"10.1111/1911-3846.12944","DOIUrl":"10.1111/1911-3846.12944","url":null,"abstract":"This paper studies accounting and silence. Building on studies of accounting talk and introducing theories of “silencing,” we highlight the role of accounting silences in the production of engaging organizational conversations. Through a qualitative case study, we identify three forms of silence—the unspeakable, the unsaid, and the inaudible—and their links to accounting. Silences create motivations to engage in further accounting talk, but they also deny certain groups a voice in those conversations. An impression of participation, openness, and transparency emerges despite unequal access and the silencing of certain groups. Accounting itself can be silenced to avoid uncomfortable topics, potential problems, and anxiety-inducing uncertainties. This silencing may serve to preserve a useful ignorance, avoid being in the know, and build alluring narratives and engaging conversations. Accounting silences sustain such conversations by protecting them from alternative voices, unsettling knowledge, and narratives that are incompatible with the organization's preferred story.","PeriodicalId":10595,"journal":{"name":"Contemporary Accounting Research","volume":"41 3","pages":"1449-1476"},"PeriodicalIF":3.2,"publicationDate":"2024-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3846.12944","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140098977","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