Advances in Accounting最新文献_第3页

The impact of profitability pressure and capital market valuation on tax haven engagement 盈利压力和资本市场估值对避税天堂参与的影响

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

Accrual accounting and access to external funds: Evidence from small businesses 权责发生制会计与外部资金的获取：来自小型企业的证据

IF 1.2

Advances in Accounting Pub Date : 2024-11-20 DOI: 10.1016/j.adiac.2024.100786

Philip Keejae Hong , Kyonghee Kim , Sukesh Patro , Kyunghwa Yu

引用次数: 0

Employee education and corporate tax outcomes: Evidence from firm-level reporting 员工教育与企业纳税结果：来自公司层面报告的证据

IF 1.2

Advances in Accounting Pub Date : 2024-11-12 DOI: 10.1016/j.adiac.2024.100785

Hanzhong Shi , Kaishu Wu , Kerui Zhai

引用次数: 0

Discussion of using accounting information to identify corporate acquisition motives: Implications on post-acquisition performance 讨论利用会计信息识别企业收购动机：对收购后业绩的影响

IF 1.2

Advances in Accounting Pub Date : 2024-11-07 DOI: 10.1016/j.adiac.2024.100783

Willie D. Reddic , Joshua C. Racca

引用次数: 0

Climate risk and asymmetric cost behavior 气候风险和不对称成本行为

IF 1.2

Advances in Accounting Pub Date : 2024-10-15 DOI: 10.1016/j.adiac.2024.100782

Kareen Brown , Sohyung Kim , Cheol Lee , Parunchana Pacharn

引用次数: 0

Persistent firm-level political risk and asymmetric cost adjustments 持续的企业层面的政治风险和不对称的成本调整

IF 1.2

Advances in Accounting Pub Date : 2024-10-04 DOI: 10.1016/j.adiac.2024.100769

Masako Darrough , Mahmud Hossain , Anand Jha , Santanu Mitra

{"title":"Persistent firm-level political risk and asymmetric cost adjustments","authors":"Masako Darrough , Mahmud Hossain , Anand Jha , Santanu Mitra","doi":"10.1016/j.adiac.2024.100769","DOIUrl":"10.1016/j.adiac.2024.100769","url":null,"abstract":"<div><div>This study explores how the intensity and duration of political risk persisting at the firm level affect managers' cost adjustment decisions. Prior studies that investigate managers' resource adjustment decisions document that managers respond to the current year's sales change in an asymmetric manner. Managers tend to hold on to slack resources (i.e., exhibiting cost stickiness) even when current sales decline if they anticipate sales decrease to be temporary with lower demand uncertainty in the future. Prior studies find that aggregate political risk affects resource allocation. By contrast, this study delineates how political risk at the firm level affects managers' decisions to retain or curtail slack resources in response to sales decline as influenced by the duration and intensity of such risk. We find that persistently high firm-level political risk is associated with higher-cost anti-stickiness (or lower-cost stickiness). Our cross-sectional tests demonstrate that the association between political risk and cost stickiness is further moderated by various managerial traits such as CEO's delta, managerial ability, and managerial overconfidence. We address the possible endogeneity issue by examining the exogenous shock to political risk due to the redistricting of U.S. Congressional districts. Our baseline results remain unchanged in several robustness tests, such as using an alternative measure developed from MD&A section of the annual report, adding more control variables, using quarterly data, using SG&A expenses in place of total operating costs as the dependent variable, and using a continuous measure of political risk in terms of risk dispersion.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100769"},"PeriodicalIF":1.2,"publicationDate":"2024-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142748783","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

The effects of performance-based profit-sharing schemes and client pressure on auditors' pre-negotiation judgments 基于绩效的利润分享计划和客户压力对审计师谈判前判断的影响

IF 1.2

Advances in Accounting Pub Date : 2024-09-19 DOI: 10.1016/j.adiac.2024.100781

Abhijit Das , Vincent K. Chong , Stijn Masschelein , Isabel Z. Wang , David R. Woodliff

{"title":"The effects of performance-based profit-sharing schemes and client pressure on auditors' pre-negotiation judgments","authors":"Abhijit Das , Vincent K. Chong , Stijn Masschelein , Isabel Z. Wang , David R. Woodliff","doi":"10.1016/j.adiac.2024.100781","DOIUrl":"10.1016/j.adiac.2024.100781","url":null,"abstract":"<div><div>Prior studies in auditing have examined the impact of performance-based profit-sharing schemes (PES) and client pressure in terms of explicit pressure and implicit pressure on auditors' judgments independently, and there is an ex-ante expectation that these two factors will interact in the context of proposed audit adjustments in a prenegotiation setting. Based on the theory of motivated reasoning, this study examines whether explicit pressure by clients will have a smaller effect when auditors' PES is based on a firm-wide scheme as compared to a divisional scheme. We conduct a 2 × 2 between-subject experiment with 95 experienced auditors, predominantly audit managers from the US, that examines how performance-based profit-sharing schemes (i.e., firm-wide vs. divisional) of audit partners and client pressure (i.e., explicit vs. implicit) affect auditors' mindsets on the magnitude of provision for obsolete inventory to be reported in the client's financial statements in an auditor-client pre-negotiation setting. The findings show that auditors' PES and client pressure interact to affect auditors' behaviour in a pre-negotiation setting. Our results exhibit the concessionary (i.e., waiving a material audit adjustment) behaviour of audit partners, directors, and managers from the US. The findings extend contemporary research on auditor-client negotiation by providing evidence to the literature that PES schemes influence the behaviour of auditors in a pre-negotiation setting.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100781"},"PeriodicalIF":1.2,"publicationDate":"2024-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142723819","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

Managerial ability, audit quality, and audit report lag 管理能力、审计质量和审计报告滞后

IF 1.2

Advances in Accounting Pub Date : 2024-09-07 DOI: 10.1016/j.adiac.2024.100780

Yang Li , Sheng Liu , Yaou Zhou

{"title":"Managerial ability, audit quality, and audit report lag","authors":"Yang Li , Sheng Liu , Yaou Zhou","doi":"10.1016/j.adiac.2024.100780","DOIUrl":"10.1016/j.adiac.2024.100780","url":null,"abstract":"<div><div>This study examines whether managerial ability is associated with audit report lag and, if so, whether this relation varies with the quality of the engaging auditor and/or the internal control environment. Utilizing the managerial ability measure developed by <span><span>Demerjian, Lev, and McVay (2012)</span></span>, we find that managerial ability is negatively related to audit report lags, consistent with the theory that managers with greater ability help reduce engagement risks and thus audit effort and contribute to a timelier auditing and financial reporting process. We also document that the observed association between managerial ability and audit report lags is mainly driven by auditors of lower quality, proxied by auditor size and auditor's industry specialization. This finding suggests that auditors with fewer resources and/or reputation concerns depend more on the client management team that assists them in improving financial reporting timeliness. Further, we find that the negative relationship is more pronounced when clients have internal control weaknesses, implying that the role of managerial ability is more salient when firms experience internal issues. Our findings suggest that a reasonably able management team is particularly critical to reporting timeliness for firms operating in relatively disadvantageous conditions.</div></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"68 ","pages":"Article 100780"},"PeriodicalIF":1.2,"publicationDate":"2024-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142723814","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

The effect of ASC 606 adoption on value relevance of revenues: Early evidence 采用 ASC 606 对收入价值相关性的影响：早期证据

IF 1.2

Advances in Accounting Pub Date : 2024-08-31 DOI: 10.1016/j.adiac.2024.100770

Amanda Badger , Siqi Li , Hyungshin Park , Sang Hyun Park

引用次数: 0