{"title":"Generalist CEOs, Management Risk and Internal Control Weaknesses.","authors":"Xiaolu Xu","doi":"10.26226/morressier.5ebc4ce5ffea6f735881a727","DOIUrl":"https://doi.org/10.26226/morressier.5ebc4ce5ffea6f735881a727","url":null,"abstract":"","PeriodicalId":157664,"journal":{"name":"Journal of Business Finance & Accounting","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120865195","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Employee firing costs and accounting conservatism: evidence from wrongful discharge laws","authors":"Huasheng Gao, Jun Huang, Tianshu Zhang","doi":"10.2139/ssrn.3276474","DOIUrl":"https://doi.org/10.2139/ssrn.3276474","url":null,"abstract":"This paper identifies the causal effect of a firm’s employee firing costs on its accounting conservatism, using the staggered adoption of U.S. state wrongful discharge laws that increase a firm’s cost of firing employees. We find a significant increase in accounting conservatism for firms headquartered in states that pass such laws relative to firms headquartered elsewhere. This effect is stronger for firms that are more labor-intensive, for firms that have higher propensity to fire employees, for firms that make more firm-specific investment, and for firms that face greater operation uncertainty. Overall, our findings indicate that higher firing costs result in more conservative accounting decisions by firms.","PeriodicalId":157664,"journal":{"name":"Journal of Business Finance & Accounting","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122409122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}