European Accounting Review最新文献_第8页

Deviations from the Mandatory Adoption of IFRS in Europe? Why Non-Adoption Does Not Mean Non-Compliance 欧洲强制采用国际财务报告准则的偏差?为什么不收养不代表不遵守

3区管理学

European Accounting Review Pub Date : 2023-05-09 DOI: 10.1080/09638180.2023.2197248

Christopher Nobes, Christian Stadler

{"title":"Deviations from the Mandatory Adoption of IFRS in Europe? Why Non-Adoption Does Not Mean Non-Compliance","authors":"Christopher Nobes, Christian Stadler","doi":"10.1080/09638180.2023.2197248","DOIUrl":"https://doi.org/10.1080/09638180.2023.2197248","url":null,"abstract":"Using Worldscope data, Pownall and Wieczynska (2018) [Deviations from the mandatory adoption of IFRS in the European Union: Implementation, enforcement, incentives, and compliance. Contemporary Accounting Research, 35(2), 1029–1066] show that there was extensive non-adoption of International Financial Reporting Standards (IFRS) by European listed firms in 2005–2012. They also suggest that much of this non-adoption is illegal. This would constitute a serious failing by European firms, auditors and regulators. However, in this note we show that there is no non-compliance with mandatory requirements to use IFRS in Germany and the UK in various years including 2012 and 2020. We also find no non-compliance in Austria and Portugal, two countries with less highly regarded enforcement. The reasons for legitimate non-adoption vary by country and by year. Our analysis is based on hand-collected data and it documents that the Worldscope database contains many errors in various fields. Therefore, we provide researchers with a hand-collected database for German and UK firms for the period 2005–2020, which can be used to supplement Worldscope. The database includes information on country of incorporation, whether consolidated financial statements are prepared, the accounting standards applied, and whether the firm is listed on an EU-regulated market. We use the database to provide some evidence on voluntary adoption of IFRS.","PeriodicalId":11764,"journal":{"name":"European Accounting Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135806786","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

Stakeholder Focus or Strategy Focus? An Eye-Tracker Study on the Effect of Presentation Format on Nonprofessional Investors’ Information Processing Patterns 关注利益相关者还是关注战略?陈述格式对非专业投资者信息加工模式影响的眼动仪研究

3区管理学

European Accounting Review Pub Date : 2023-04-29 DOI: 10.1080/09638180.2023.2194666

John Chi Wa Ko, Mandy M. Cheng, Wendy J. Green

{"title":"Stakeholder Focus or Strategy Focus? An Eye-Tracker Study on the Effect of Presentation Format on Nonprofessional Investors’ Information Processing Patterns","authors":"John Chi Wa Ko, Mandy M. Cheng, Wendy J. Green","doi":"10.1080/09638180.2023.2194666","DOIUrl":"https://doi.org/10.1080/09638180.2023.2194666","url":null,"abstract":"Using eye-tracking technology, we examine whether the information processing patterns of nonprofessional investors with a directional investment preference are affected by performance information presented based on either a focus on stakeholders (stakeholder format) or on strategic goals (strategic theme format). We find that when a company’s financial performance has declined but nonfinancial performance has improved, a strategic theme (stakeholder) format causes investors in a long investment position to focus on negative financial information to a lesser (greater) extent than those in a short investment position. These results indicate that a strategic theme format encourages biased investors to draw on favorable nonfinancial information to support their position, whereas a stakeholder format causes them to closely scrutinize unfavorable financial information. We also find that the level of bias in investors’ earnings forecasts is lower when information is presented in a strategic theme format than in a stakeholder format; however, a supplementary experiment finds that this result is reversed when a company’s financial performance has improved but its nonfinancial performance has declined. Our results have implications for external report preparers, standard setters, and analysts.","PeriodicalId":11764,"journal":{"name":"European Accounting Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135847378","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

The Real Consequences of Classification Shifting: Evidence from the Efficiency of Corporate Investment 分类转移的真实后果:来自企业投资效率的证据

3区管理学

European Accounting Review Pub Date : 2023-04-21 DOI: 10.1080/09638180.2023.2200199

Seraina C. Anagnostopoulou, Kamran T. Malikov

{"title":"The Real Consequences of Classification Shifting: Evidence from the Efficiency of Corporate Investment","authors":"Seraina C. Anagnostopoulou, Kamran T. Malikov","doi":"10.1080/09638180.2023.2200199","DOIUrl":"https://doi.org/10.1080/09638180.2023.2200199","url":null,"abstract":"This study investigates the real consequences of classification shifting by examining its effect on corporate investment efficiency. The underlying expectation is that the ways of reporting different profit items within the income statement should increase information asymmetry between managers and capital providers regarding the level of core and, so, more likely repeatable firm performance. We anticipate that classification shifting will aggravate agency problems and distort managers’ own perceptions of their firms’ sustainable profitability, resulting in imperfect investment-related information sets for them, ultimately leading to inefficient investing. We find that classification shifting strongly and significantly decreases the responsiveness of investment to growth opportunities and is, thus, associated with less efficient investing. After investigating the economic mechanisms explaining this association, our results are more pronounced when other information and agency problem-related factors that should protect against inefficient investing are weaker, and also for firms whose managers have fewer opportunities to learn from peers, which could alleviate potential classification shifting-related distortion effects on managerial perceptions. Our study provides evidence on the adverse real consequences of classification shifting, a form of earnings management without any reversing effects for bottom-line future performance, with reference to a very important firm-level outcome; namely, efficient investing.","PeriodicalId":11764,"journal":{"name":"European Accounting Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135464014","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

Understanding Multiple Accountability Logics Within Corporate Governance Policy Discourse: Resistance, Compromise, or Selective Coupling? 理解公司治理政策话语中的多重问责逻辑:抗拒、妥协还是选择性耦合?

IF 3.3 3区管理学

European Accounting Review Pub Date : 2023-04-06 DOI: 10.1080/09638180.2023.2194028

M. Safari, L. Parker

引用次数: 1

Tax Planning Through Advanced Tax Rulings – An Exploratory Analysis Using the Luxembourg Tax Leaks 通过高级税收裁定进行税收筹划——利用卢森堡税收泄密进行探索性分析

3区管理学

European Accounting Review Pub Date : 2023-03-16 DOI: 10.1080/09638180.2023.2182336

Oliver Zhen Li, Stephen J. Lusch, Frank Murphy

引用次数: 1

Using Public Inquiries as a Data Source for Accounting Research: A Systematic Review 利用公众问询作为会计研究的数据来源:系统回顾

3区管理学

European Accounting Review Pub Date : 2023-03-03 DOI: 10.1080/09638180.2023.2180765

Gillian McAllister, Nicole C. Sutton, David A. Brown, Deborah Parker, Rachael Lewis, Olivia Rawlings-Way, Jiali Lin, Bronwen Harrison

引用次数: 0

Experience of a Job Loss and Analysts’ Subsequent Performance 失业经历和分析师的后续表现

IF 3.3 3区管理学

European Accounting Review Pub Date : 2023-02-24 DOI: 10.1080/09638180.2022.2164791

Thi-Lan-Huong Nguyen, C. Cheong, Cameron Truong, R. Zurbruegg

引用次数: 0

Audit-Firm Profitability: Determinants and Implications for Audit Outcomes 审计事务所盈利能力:审计结果的决定因素和影响

IF 3.3 3区管理学

European Accounting Review Pub Date : 2023-02-21 DOI: 10.1080/09638180.2023.2169735

Jeff Zeyun Chen, Anastasios Elemes, Ole‐Kristian Hope, Aaron S. Yoon

引用次数: 4

CFO Characteristics and Real Earnings Management CFO特征与真实盈余管理

IF 3.3 3区管理学

European Accounting Review Pub Date : 2023-02-08 DOI: 10.1080/09638180.2023.2169734

Domenico Campa, Gianluca Ginesti, Alessandra Allini

引用次数: 2

Accounting, Calculative Infrastructures and Commensuration Work 会计，计算基础设施和通约工作

IF 3.3 3区管理学

European Accounting Review Pub Date : 2023-01-20 DOI: 10.1080/09638180.2023.2166091

Fredrik Svärdsten, Sven Modell

引用次数: 1