Advances in Accounting最新文献

Principle-based accounting standards and earnings management in private hotel firms: The impact on government subsidies

IF 1.2

Advances in Accounting Pub Date : 2025-03-19 DOI: 10.1016/j.adiac.2025.100812

Panagiotis E. Dimitropoulos

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引用次数: 0

Does high audit quality mitigate a client firm's reliance on trade credit financing?

IF 1.2

Advances in Accounting Pub Date : 2025-03-17 DOI: 10.1016/j.adiac.2025.100811

Mohammad Hendijani Zadeh

引用次数: 0

Social capital and firm voluntary disclosure

IF 1.2

Advances in Accounting Pub Date : 2025-02-28 DOI: 10.1016/j.adiac.2025.100810

William M. Cready , Yaqin Hu

引用次数: 0

Climate related disclosures and investor behaviour: An Australian study

IF 1.2

Advances in Accounting Pub Date : 2025-02-21 DOI: 10.1016/j.adiac.2025.100809

Sammy Hewa, Rajni Mala, Jinhua Chen, John Dumay

{"title":"Climate related disclosures and investor behaviour: An Australian study","authors":"Sammy Hewa, Rajni Mala, Jinhua Chen, John Dumay","doi":"10.1016/j.adiac.2025.100809","DOIUrl":"10.1016/j.adiac.2025.100809","url":null,"abstract":"<div><div>In this paper, we examine how climate-related disclosures impact investment decisions. Using a survey experiment and adopting both between-subjects and within-subjects designs, we developed three distinct firm scenarios: one where the firm did not disclose climate-related risks; the second where the firm disclosed climate-related risks only (following the Task Force on Climate-Related Financial Disclosures (TCFD) guidelines); and the third where the firm disclosed both climate-related risks and corresponding risk mitigation strategies (also in line with the TCFD guidelines). From our analysis of a sample of 96 stock market investors in Australia, the results show that the investors were inclined to commit more money to the two firms that disclosed climate-related risks than the firm that did not. Moreover, the most money was invested in the firm that disclosed both the risks and risk mitigation strategies, irrespective of the investment horizon. Further, we found no evidence that the investors' belief in climate change moderates the association between disclosure level and investors' investment decision. The study demonstrates the contemporary significance of climate change as a pertinent investment risk and the heightened importance investors are placing on companies to manage associated risks. The results also provide support for the decision usefulness of the TCFD guidelines, which have been fully incorporated into the mandatory sustainability reporting standards of the International Sustainability Standards Board.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100809"},"PeriodicalIF":1.2,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143465512","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Balance sheet strength in the oil and gas industry: Saving for a rainy day or making hay while the sun shines

IF 1.2

Advances in Accounting Pub Date : 2025-02-08 DOI: 10.1016/j.adiac.2025.100806

Mark Anderson , Yan Ma , Han-Up Park

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引用次数: 0

Private lenders and borrowers' internal control-related private information

IF 1.2

Advances in Accounting Pub Date : 2025-02-07 DOI: 10.1016/j.adiac.2025.100808

Md Mahmudul Hasan

{"title":"Private lenders and borrowers' internal control-related private information","authors":"Md Mahmudul Hasan","doi":"10.1016/j.adiac.2025.100808","DOIUrl":"10.1016/j.adiac.2025.100808","url":null,"abstract":"<div><div>This study investigates the relationship between lenders' demand for management letters, which contain borrowers' private information regarding internal control, and the effectiveness of borrowers' internal controls. Since only material weaknesses in internal controls must be publicly disclosed, firms can publicly claim that their internal controls are effective even if they have deficiencies in internal controls but no material weaknesses. This study reveals that lenders are more likely to ask for management letters from borrowers who have revealed material weaknesses in their internal controls. The study also finds that lenders are more likely to ask for management letters from borrowers with financial distress and when borrowers are involved in risky activities like aggressive tax avoidance. In addition, firms with ineffective internal controls from whom lenders have demanded management letters are more likely to remediate their material weaknesses than those not subject to such demands. This study adds to the limited literature on how lenders use borrowers' private information in loan contract monitoring and how lenders can impact borrowers' internal controls without the contractual transfer of control rights.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100808"},"PeriodicalIF":1.2,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143349745","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

Executive age, executive gender and financial statement comparability

IF 1.2

Advances in Accounting Pub Date : 2025-01-06 DOI: 10.1016/j.adiac.2024.100805

Shadi Farshadfar , Laleh Samarbakhsh , Ismat Jahan

引用次数: 0

The impact of IFRS 16 on lessees' financial information: A single-industry study

IF 1.2

Advances in Accounting Pub Date : 2024-12-20 DOI: 10.1016/j.adiac.2024.100803

Ana Isabel Lopes , Daniela Penela

{"title":"The impact of IFRS 16 on lessees' financial information: A single-industry study","authors":"Ana Isabel Lopes , Daniela Penela","doi":"10.1016/j.adiac.2024.100803","DOIUrl":"10.1016/j.adiac.2024.100803","url":null,"abstract":"<div><div>This single-industry study responds to the IFRS Foundation's call to determine the effects of implementing IFRS 16 by analyzing the isolated post-implementation effect of IFRS 16 on lessee financial statements. Using real implementation data, the findings confirm the expected results of prior studies using estimated data, in that the implementation of IFRS 16 is the primary driver of statistically significant changes in assets, liabilities, EBIT, EBITDA, and financial expenses, resulting in major changes in the structure and liquidity ratios. Regarding profitability ratios, this study adds to the literature by demonstrating a statistically significant difference in ROA. Furthermore, while prior studies suggest that the interest coverage ratio would decrease, the use of real implementation data shows no statistically significant finding on this ratio; this indicates that the increase in EBITDA and interest expenses may cancel each other out, resulting in no impact on the coverage ratio. The results support the main criticism of IAS 17—that operating leases were improperly accounted for and consequently altered the picture of financial statements and ratios, which is a key source of information in valuing companies. This single-industry study, one of the more extensive IFRS Foundation 2016 studies, is the first to use real IFRS 16 adoption data, providing substantial results regarding the impact of this standard on the financial statements of publicly traded companies. These results encourage further research using similar approaches with broader sample sizes.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100803"},"PeriodicalIF":1.2,"publicationDate":"2024-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The impact of profitability pressure and capital market valuation on tax haven engagement

IF 1.2

Advances in Accounting Pub Date : 2024-12-19 DOI: 10.1016/j.adiac.2024.100804

Linda H. Chen , George J. Jiang , Weiwei Wang , Joseph H. Zhang

引用次数: 0

The interactive effects of strategy communication and report integration on investors' reactions to corporate social responsibility measures 战略沟通和报告整合对投资者对企业社会责任措施反应的互动影响

IF 1.2

Advances in Accounting Pub Date : 2024-11-21 DOI: 10.1016/j.adiac.2024.100784

Lei Wang , Lei Dong

{"title":"The interactive effects of strategy communication and report integration on investors' reactions to corporate social responsibility measures","authors":"Lei Wang , Lei Dong","doi":"10.1016/j.adiac.2024.100784","DOIUrl":"10.1016/j.adiac.2024.100784","url":null,"abstract":"<div><div>This study examines nonprofessional investors' reactions to two important factors underlying the disclosure of corporate social responsibility (CSR) measures: report integration and strategy communication. We find that CSR measures in an integrated report appear to affect nonprofessional investors less than CSR measures in a standalone report. Providing strategy communication that conveys CSR strategic objectives and a causal connection between CSR performance and financial performance promotes investors' incorporation of CSR measures into their judgments and decisions. Together, report integration and CSR strategy communication interact to affect investment judgments and decisions, such that the weakened effect of CSR measures in an integrated report is less pronounced when CSR strategy communication is present than when CSR strategy communication is absent. As the interest in CSR reports continues to grow among investors, preparers, auditors, standard setters, regulators, and researchers, this study highlights the interplay between strategy communication and report integration in CSR disclosures.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100784"},"PeriodicalIF":1.2,"publicationDate":"2024-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142723815","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