Journal of Contemporary Accounting & Economics最新文献_第10页

Multiple directorships and the extent of loan loss provisions: Evidence from banks in South Asia 多重董事和贷款损失准备的程度:来自南亚银行的证据

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100277

Shawgat S. Kutubi , Kamran Ahmed , Hayat Khan , Mukesh Garg

引用次数: 3

Corruption exposure, political disconnection, and their impact on Chinese family firms 腐败曝光、政治脱节及其对中国家族企业的影响

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100266

Siwen Song , Aelee Jun , Shiguang Ma

引用次数: 1

Macroeconomic uncertainty and management forecast accuracy 宏观经济的不确定性与管理预测的准确性

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100281

Norio Kitagawa

引用次数: 0

Are gender diverse boards more cautious? The impact of board gender diversity on sentiment in earnings press releases 性别多元化的董事会是否更加谨慎?董事会性别多样性对收益新闻稿情绪的影响

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100278

Paul Mather , Dinithi Ranasinghe , Luisa A. Unda

引用次数: 6

Do co-opted boards increase insider profitability? 增选董事会是否提高了内部人士的盈利能力?

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100265

Dewan Rahman , Ihtisham Malik , Searat Ali , Jamshed Iqbal

引用次数: 4

The value relevance of corporate voluntary carbon disclosure: Evidence from the United States and BRIC countries 企业自愿碳披露的价值相关性:来自美国和金砖四国的证据

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100279

Yan Jiang , Le Luo , JianFeng Xu , XiaoRui Shao

{"title":"The value relevance of corporate voluntary carbon disclosure: Evidence from the United States and BRIC countries","authors":"Yan Jiang , Le Luo , JianFeng Xu , XiaoRui Shao","doi":"10.1016/j.jcae.2021.100279","DOIUrl":"10.1016/j.jcae.2021.100279","url":null,"abstract":"<div><p><span>Our study focuses on the value relevance of corporate voluntary carbon disclosure. Our sample includes firms from the United States (listed in the S&P 500) and firms from Brazil, Russia, India, and China that are targeted by the CDP. We examine whether the capital market rewards firms’ voluntary carbon disclosure. Voluntary carbon disclosure is measured as firms’ propensity to voluntarily disclose carbon information and the comprehensiveness and quality of their disclosure. We find that firms with greater carbon disclosure have higher firm value. Furthermore, the positive association between firm value and voluntary carbon disclosure is stronger in developing countries. We also find that large emitters with sufficient carbon disclosure experience a less negative valuation than firms with inadequate carbon disclosure. Furthermore, a subcomponent analysis suggests that the disclosure of specific types of climate risk and opportunity is rewarded by investors and can mitigate the valuation penalty of </span>carbon emissions. These results have important implications for companies, investors, and regulators. Our analyses enhance understanding of the consequences of voluntary carbon reporting, which enriches the reporting of current financial information.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jcae.2021.100279","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"107447628","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: 31

Did mandatory CSR compliance impact accounting Conservatism? Evidence from the Indian Companies Act 2013 强制性企业社会责任合规是否影响会计稳健性?来自2013年印度公司法的证据

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-12-01 DOI: 10.1016/j.jcae.2021.100280

Tara Shankar Shaw , Mehul Raithatha , Gopal V. Krishnan , James J. Cordeiro

{"title":"Did mandatory CSR compliance impact accounting Conservatism? Evidence from the Indian Companies Act 2013","authors":"Tara Shankar Shaw , Mehul Raithatha , Gopal V. Krishnan , James J. Cordeiro","doi":"10.1016/j.jcae.2021.100280","DOIUrl":"10.1016/j.jcae.2021.100280","url":null,"abstract":"<div><p>In 2013, India became the first country in the world to require firms to spend two percent of their average profit on corporate social responsibility (CSR) activities. Taking advantage of this unique event, we examine how the mandatory CSR compliance impacts conditional accounting conservatism of Indian firms. We find a positive relation between CSR compliance and conditional accounting conservatism and this relation is stronger for firms that have stronger governance and weaker for family firms. Further, we find that current period accounting conservatism is negatively related to next period CSR spending. Our results are robust to a battery of tests and are consistent with the notion that Indian firms enhance accounting conservatism to decrease earnings to minimize CSR compliance costs. In other words, while policy makers may have intended to use legislation to increase CSR activities by Indian firms, our results suggest that firms use accounting policies and negative accruals strategically to mitigate CSR spending.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jcae.2021.100280","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87373647","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: 11

Sustainability with high-speed rails: The effects of transportation infrastructure development on firms’ CSR performance 高速铁路的可持续性:交通基础设施发展对企业社会责任绩效的影响

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-08-01 DOI: 10.1016/J.JCAE.2021.100261

Yu Chen, Xin Gu, Yongqiang Gao, Tian Lan

引用次数: 9

Impact of Basel III on the discretion and timeliness of Banks’ loan loss provisions 巴塞尔协议III对银行贷款损失拨备的裁量权和及时性的影响

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-08-01 DOI: 10.1016/j.jcae.2021.100255

Pearpilai Jutasompakorn , Chu Yeong Lim , Tharindra Ranasinghe , Kevin Ow Yong

{"title":"Impact of Basel III on the discretion and timeliness of Banks’ loan loss provisions","authors":"Pearpilai Jutasompakorn , Chu Yeong Lim , Tharindra Ranasinghe , Kevin Ow Yong","doi":"10.1016/j.jcae.2021.100255","DOIUrl":"https://doi.org/10.1016/j.jcae.2021.100255","url":null,"abstract":"<div><p>The Basel III Accord tightens capital adequacy requirements for banks by increasing the minimum Tier 1 regulatory capital threshold from 4 to 6 percent. It also emphasizes the need to improve timeliness of loan loss provisions. Using a sample of European banks, we examine the impact of this regulation on banks’ discretionary loan loss provisioning behavior. Underscoring banks’ increased incentives to report higher capital ratios, we observe a post-Basel III increase in banks’ use of discretionary loan loss provisions (DLLPs) for capital management purposes and a corresponding reduction in the use of these provisions for income smoothing purposes. Moreover, we find that the timeliness of loan loss provisions has improved following Basel III. We also find that the post-Basel III increase in capital management behavior is greater for banks that do not face conflicting incentives when using DLLPs to improve Tier 1 versus total capital ratio. In contrast, the improvement in loan loss provisioning timeliness is greater for banks that are less likely to engage in capital management due to these conflicting incentives. Our findings suggest that Basel III has significantly altered banks’ discretionary loan loss provisioning behavior.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2021-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jcae.2021.100255","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91661796","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

Does religiosity matter for corporate labor investment decisions? 宗教信仰对企业的劳动力投资决策有影响吗?

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2021-08-01 DOI: 10.1016/j.jcae.2021.100264

Mehdi Khedmati , Mohammed Aminu Sualihu , Alfred Yawson

引用次数: 7