Journal of Contemporary Accounting & Economics最新文献_第9页

Does Form 20-F reconciliation elimination for IFRS filers affect the risk forecasting ability of accounting numbers? 取消国际财务报告准则的20-F对账是否会影响会计数字的风险预测能力?

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-12-01 DOI: 10.1016/j.jcae.2022.100333

She-Chih Chiu , Hsuan-Chu Lin , Chin-Chen Chien , Chia-Chen Liang

引用次数: 0

Shared auditors, social trust, and relationship-specific investment in the supply chain 共享审核员、社会信任和供应链中特定关系的投资

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-12-01 DOI: 10.1016/j.jcae.2022.100329

Zhiying Hu , Haiyan Yang , Yuyu Zhang

{"title":"Shared auditors, social trust, and relationship-specific investment in the supply chain","authors":"Zhiying Hu , Haiyan Yang , Yuyu Zhang","doi":"10.1016/j.jcae.2022.100329","DOIUrl":"10.1016/j.jcae.2022.100329","url":null,"abstract":"<div><p>An auditor common to a supplier and customer may serve an information role, reduce information asymmetry, or mitigate a potential hold-up problem in the supply chain. The information role of shared auditors could be more important in a lax institutional environment where a lack of trust exists between the supplier and customer. Using a sample of listed firms in China from 2009 to 2015, we find that (1) a shared auditor enhances the supplier’s relationship-specific investment (RSI), and (2) this positive association is stronger when the customer is located in a region with lower trust. We also document an incremental effect of a shared audit partner on enhancing the supplier’s RSI in addition to the effect of a shared auditor at the audit firm level. Additional analyses suggest that a shared auditor alleviates information asymmetry between the supplier and customer and hence improves the supplier’s RSI. A shared auditor particularly improves the supplier’s RSI when the customer is limited in its legal protection, which validates the usefulness of this unique research setting (China) for studying the information role of shared auditors. By extending the research on shared auditors and social trust, this paper provides a reference for companies that wish to explore the role of auditors in enhancing RSI in the supply chain.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":"18 3","pages":"Article 100329"},"PeriodicalIF":3.3,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129396052","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: 1

Risk management committees and readability of risk management disclosure 风险管理委员会和风险管理披露的可读性

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-12-01 DOI: 10.1016/j.jcae.2022.100336

Jing Jia, Zhongtian Li

引用次数: 5

Determinant of the level of sharia compliance of Islamic banks in Indonesia 决定印尼伊斯兰银行遵守伊斯兰教法水平的因素

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-11-07 DOI: 10.20885/jca.vol4.iss1.art5

Muhammad Adib Hasani, Rifqi Muhammad

引用次数: 0

Fintech lending fraud prevention strategy: A case study 金融科技贷款欺诈预防策略:案例研究

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-11-01 DOI: 10.20885/jca.vol4.iss1.art4

Bachrudin K Una, H. Prabowo

引用次数: 1

Students’ perceptions of the accounting department on the factors affecting accountants’ ethical behavior 学生对会计部门影响会计人员道德行为因素的认知

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-10-21 DOI: 10.20885/jca.vol4.iss1.art3

Umi rizeki Hidayati, Wahyudin Nor, Lili Safrida

引用次数: 0

Corporate social responsibility committees and the use of corporate social responsibility assurance services 企业社会责任委员会和使用企业社会责任保证服务

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-08-01 DOI: 10.1016/j.jcae.2022.100317

Michael Bradbury, Jing Jia, Zhongtian Li

引用次数: 2

Policy and oversight of corporate political activities and the cost of equity capital 公司政治活动和权益资本成本的政策和监督

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-08-01 DOI: 10.1016/j.jcae.2022.100314

Christofer Adrian , Mukesh Garg , Anh Viet Pham , Soon-Yeow Phang , Cameron Truong

{"title":"Policy and oversight of corporate political activities and the cost of equity capital","authors":"Christofer Adrian , Mukesh Garg , Anh Viet Pham , Soon-Yeow Phang , Cameron Truong","doi":"10.1016/j.jcae.2022.100314","DOIUrl":"10.1016/j.jcae.2022.100314","url":null,"abstract":"<div><p>This paper investigates the effect of voluntary adoption and disclosure of policies/oversight of corporate political activities/spending on the cost of equity capital for S&P 500 firms over the period 2015–2018. Using the CPA-Zicklin Index to measure the level of policies, oversight, and disclosure of corporate political activities, we find that firms with a greater level of policies and oversight enjoy a lower cost of equity capital. We also document that a higher index is associated with higher stock liquidity. The negative relation is more pronounced among firms with higher exposure to political risk and firms with higher dependence on government spending. We also find that a firm’s information environment plays an important role in moderating the relation between policies and oversight of corporate political activities and the cost of equity capital. Our findings suggest that voluntary adoption and disclosure of policies and oversight mitigates risks and uncertainties related to firms’ political activities, thereby reducing information asymmetry and the cost of equity capital.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":"18 2","pages":"Article 100314"},"PeriodicalIF":3.3,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125302678","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: 1

Role of corporate governance in moderating the risk-return paradox: Cross country evidence 公司治理在调节风险收益悖论中的作用:跨国证据

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-08-01 DOI: 10.1016/j.jcae.2022.100313

Ranjan DasGupta , Soumya G. Deb

引用次数: 0

Debt contracting and the goodwill debate 债务合同和商誉之争

IF 3.3 3区管理学

Journal of Contemporary Accounting & Economics Pub Date : 2022-08-01 DOI: 10.1016/j.jcae.2022.100316

Chandrani Chatterjee , Arpita A. Shroff , K. Sivaramakrishnan

{"title":"Debt contracting and the goodwill debate","authors":"Chandrani Chatterjee , Arpita A. Shroff , K. Sivaramakrishnan","doi":"10.1016/j.jcae.2022.100316","DOIUrl":"10.1016/j.jcae.2022.100316","url":null,"abstract":"<div><p>Extant literature offers mixed evidence on the quality of goodwill after the promulgation of SFAS 141/2 (Li and Sloan, 2017; Lee, 2011; Chen et al., 2008). We reconcile these conflicting findings by examining the role of managerial incentives in determining the efficacy of SFAS 141/2 in improving the quality of goodwill reporting. Using the context of debt contracting, we find that the value-relevance of goodwill is higher for firms that include goodwill in debt covenants in the post-SFAS 141/2 period. We also find that in the post-period, firms that include goodwill in their debt contracts appear to take timelier impairments. In addition, debt contracts in these firms also have tighter covenant thresholds, further corroborating the increased value-relevance of goodwill under the current impairment regime. We also document a relatively higher frequency of covenant violation for firms that use goodwill in their debt contract in the post-SFAS 141/2 period. Taken together, our results inform ongoing discussions regarding the accounting for goodwill and provide new insight into understanding of debt contracting and the role of accounting standards therein.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":"18 2","pages":"Article 100316"},"PeriodicalIF":3.3,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122646845","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