AAA 2006 Management Accounting Section (MAS) Meeting (Archive)最新文献

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Financial Consequences from Implementing Lean Manufacturing with the Support of Non-Financial Management Accounting Practices 在非财务管理会计实践的支持下实施精益生产的财务后果
AAA 2006 Management Accounting Section (MAS) Meeting (Archive) Pub Date : 2005-11-01 DOI: 10.2139/ssrn.773645
R. Fullerton, William F. Wempe
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引用次数: 4
Knowing vs. Applying Accounting Causal Relationships: Experimental Evidence on the Decision Performance Effects of Problem Similarity and Comparison 认识与运用会计因果关系:问题相似性与比较对决策绩效影响的实验证据
AAA 2006 Management Accounting Section (MAS) Meeting (Archive) Pub Date : 2005-07-31 DOI: 10.2139/ssrn.772945
E. M. Matsumura, Sandra C. Vera-Muñoz
{"title":"Knowing vs. Applying Accounting Causal Relationships: Experimental Evidence on the Decision Performance Effects of Problem Similarity and Comparison","authors":"E. M. Matsumura, Sandra C. Vera-Muñoz","doi":"10.2139/ssrn.772945","DOIUrl":"https://doi.org/10.2139/ssrn.772945","url":null,"abstract":"Accountants tend to overlook relevant principles and causal relationships that are commonly taught in education and experienced in practice. This raises the question: Do accountants apply what they know? This study relies on analogical reasoning research to develop and test predictions about the tendency of accountants to omit key causal relationships in a challenging decision setting: recommending revenue-maximizing strategies to a client in the midst of a business-model change. In our experiment, we first elicit comparisons of various source problems from some of our participants (the comparison condition), but not from the others (the advice condition). Next, the participants assume the role of a business consultant and recommend ways to improve a client's revenue in a new setting. The new setting shares with the source problems either (1) a key causal relationship and several literal similarities (the literal similarity condition), or (2) a key causal relationship but no literal similarities (the relational similarity condition). We predict and find that comparison enhances the quality of accountants' recommendations when the source problems are literally similar to the new setting, and that depriving participants of literal similarities enhances the quality of recommendations when participants do not make comparisons. Our findings show that similarity and comparison help reduce the gap between knowing and applying accounting causal relationships in new settings. Additional tests confirm that the findings are not explained by whether a participant is equipped with the key accounting causal relationship. The study has implications for decision making in seemingly familiar but complex settings, such as revenue-enhancement or cost-containment decisions following business-model changes.","PeriodicalId":280423,"journal":{"name":"AAA 2006 Management Accounting Section (MAS) Meeting (Archive)","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131879061","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}
引用次数: 1
Insider Trading: The Value of Asymmetric Information Created by Tradable Securities and its Implications for Disclosure 内幕交易:可交易证券创造的不对称信息的价值及其对信息披露的启示
AAA 2006 Management Accounting Section (MAS) Meeting (Archive) Pub Date : 2005-07-31 DOI: 10.2139/ssrn.773524
A. Jaffer
{"title":"Insider Trading: The Value of Asymmetric Information Created by Tradable Securities and its Implications for Disclosure","authors":"A. Jaffer","doi":"10.2139/ssrn.773524","DOIUrl":"https://doi.org/10.2139/ssrn.773524","url":null,"abstract":"While tradable securities remain a popular means of compensating managers, there is constant discussion on the need for tighter regulation, including disclosure requirements, to prevent employees from actually being able to gain from trading these securities based on their private information. The purpose of this paper is to provide insights into the role and economic consequences of disclosures aimed at reducing the ability to gain from insider trading. Using the principal-agent framework I show that in some situations allowing the agent to trade anonymously on his private information increases production and, more importantly, generates a Pareto improvement compared to the case where the agent's trades are required to be publicly disclosed. The intuition for this result is that the bid-ask spread imposed by the market maker makes it costly for the agent to sell his shares and get full insurance if he has taken a low-cost action. As a consequence, the agent takes the high-cost action with higher probability, which in turn makes the overall economy better off.","PeriodicalId":280423,"journal":{"name":"AAA 2006 Management Accounting Section (MAS) Meeting (Archive)","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115047133","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}
引用次数: 0
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