Advances in Accounting最新文献_第2页

Auditing trade credit risk: Evidence from BAPCPA and COVID-19 贸易信用风险审计：来自BAPCPA和COVID-19的证据

IF 1.2

Advances in Accounting Pub Date : 2025-05-21 DOI: 10.1016/j.adiac.2025.100819

Stephanie Walton , Yiyang Zhang (Ian)

引用次数: 0

Climate policy uncertainty and analyst forecast quality for greenhouse gas-intensive firms 温室气体密集型企业的气候政策不确定性和分析师预测质量

IF 1.2

Advances in Accounting Pub Date : 2025-04-29 DOI: 10.1016/j.adiac.2025.100817

K.C. Lin , Xiaobo Dong

引用次数: 0

Islamic worldview, social consciousness, and socially responsible investment 伊斯兰世界观、社会意识和社会责任投资

IF 1.2

Advances in Accounting Pub Date : 2025-04-19 DOI: 10.1016/j.adiac.2025.100815

Ahmad Usman Shahid , Chris Patel , Peipei Pan

引用次数: 0

Discussion of “balance sheet strength in the oil and gas industry: Saving for a rainy day or making hay while the sun shines” 关于“油气行业资产负债表强度：未雨绸缪还是未雨绸缪”的讨论

IF 1.2

Advances in Accounting Pub Date : 2025-04-17 DOI: 10.1016/j.adiac.2025.100814

James N. Cannon

引用次数: 0

Access to finance and cost stickiness: Evidence from anti-recharacterization laws 融资渠道与成本粘性：来自反重构法的证据

IF 1.2

Advances in Accounting Pub Date : 2025-04-16 DOI: 10.1016/j.adiac.2025.100816

Tongxia Li , Chun Lu , Lei Xu

{"title":"Access to finance and cost stickiness: Evidence from anti-recharacterization laws","authors":"Tongxia Li , Chun Lu , Lei Xu","doi":"10.1016/j.adiac.2025.100816","DOIUrl":"10.1016/j.adiac.2025.100816","url":null,"abstract":"<div><div>This paper examines the impact of financial constraints on asymmetric cost behavior (i.e., cost stickiness). Specifically, we use a natural experiment — the staggered introduction of the anti-recharacterization laws (ARLs) — to investigate the causal relationship between financial constraints and cost stickiness. Implementing anti-recharacterization state regulation increases the value of a firm's collateral, resulting in lower external financing costs and improved credit market access. We hypothesize that this improves firms' ability to obtain external funding for expansion and allows firms facing sales decreases to retain their resources for a potential rebound. This results in an increase in cost stickiness. Our findings support the hypothesis that cost stickiness increases after the passage of the ARLs. Moreover, the effect of these laws is more pronounced for high-growth firms, firms with more stringent financial constraints, and firms relying on external financing, especially financing through special purpose vehicles (SPVs). These changes in asymmetric cost behavior are driven by economic incentives that improve firm performance.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100816"},"PeriodicalIF":1.2,"publicationDate":"2025-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143833443","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

An empirical analysis of non-GAAP measures for high-litigation-risk industries 对高诉讼风险行业的非公认会计准则措施的实证分析

IF 1.2

Advances in Accounting Pub Date : 2025-04-15 DOI: 10.1016/j.adiac.2025.100813

Baizhou Chen , Robert Houmes , Daphne Wang

引用次数: 0

Principle-based accounting standards and earnings management in private hotel firms: The impact on government subsidies 原则会计准则与民营酒店盈余管理：对政府补贴的影响

IF 1.2

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

Panagiotis E. Dimitropoulos

{"title":"Principle-based accounting standards and earnings management in private hotel firms: The impact on government subsidies","authors":"Panagiotis E. Dimitropoulos","doi":"10.1016/j.adiac.2025.100812","DOIUrl":"10.1016/j.adiac.2025.100812","url":null,"abstract":"<div><div>Effective 2015, the new Hellenic Accounting Standards (HAS) introduced a principle-based financial reporting environment to the Greek business setting. The scope of this study is to examine the impact of new HAS on the accounting quality (earnings management and income smoothing behaviors) of private hospitality firms in Greece, and the subsequent effect on the granting of government subsidies. The empirical analysis used accounting data from 3928 unique hotel firms operating in Greece, over the period 2003–2018. Panel fixed effects and logit regression analysis indicated that the introduction of the new principle-based HAS contributed to an increase in earnings management and income smoothing behaviors of private hotel firms. Furthermore, the deterioration of accounting quality under the new HAS was more severe for medium and small hotel firms, relative to their larger counterparts. Furthermore, the subsequent increase of earnings management by small and medium sized firms was accompanied by an increase of government subsidies, suggesting that SMEs with reduced accounting quality were rewarded with higher government financing under the new accounting regime.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100812"},"PeriodicalIF":1.2,"publicationDate":"2025-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143681503","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

Does high audit quality mitigate a client firm's reliance on trade credit financing? 高审计质量是否减轻了客户公司对贸易信贷融资的依赖？

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 社会资本与企业自愿披露

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

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