International Journal of Accounting最新文献_第4页

Power Distance, Political Uncertainty, and Stock Price Crash Risk: International Evidence 权力距离、政治不确定性与股价暴跌风险：国际证据

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International Journal of Accounting Pub Date : 2021-10-02 DOI: 10.1142/s1094406021500190

Qiaoling Su, Xunchang J. Zhang, Jianming Ye

{"title":"Power Distance, Political Uncertainty, and Stock Price Crash Risk: International Evidence","authors":"Qiaoling Su, Xunchang J. Zhang, Jianming Ye","doi":"10.1142/s1094406021500190","DOIUrl":"https://doi.org/10.1142/s1094406021500190","url":null,"abstract":"This study tests the effect of unbalanced power distance (PD) (i.e., Hofstede’s cultural dimensions PD index) and individual stock price crash risk. We examine the stock price behavior of listed firms in 37 countries from 2004 to 2016 and use multivariate analyses to document that societal PD is important in explaining firms’ propensity to release accounting information. This propensity suggests a psychological tendency regarding timing management, particularly for bad news. As countries with large PD prefer to keep things under control, the result is fewer unexpected stock price crashes during the long windows between election events. However, because large-PD countries focus their markets on maintaining temporary peace before and during periods of political events (i.e., national elections), crash risk increases after the political event window. Consistent with these predictions, we find that in large-PD countries, companies generally have less incentive to hide negative information and thus generate stock price crashes. This situation is substantially changed during the postpolitical windows, when firms and ways of spreading information are more controlled by the government. Our findings suggest that formal mechanisms alone are insufficient to explain the behaviors of corporate disclosure that are entangled with informal instruments.","PeriodicalId":47122,"journal":{"name":"International Journal of Accounting","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47792862","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: 1

Discussion of “Related-Party Transactions and Stock Price Crash Risk: Evidence from China” by Ahsan Habib, Haiyan Jiang, and Donghua Zhou Ahsan Habib、Haiyan Jiang和Donghua Zhou的“关联交易与股价暴跌风险：来自中国的证据”讨论

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International Journal of Accounting Pub Date : 2021-08-25 DOI: 10.1142/s1094406021800081

Seraina C. Anagnostopoulou

引用次数: 0

The Impact of Outliers on Regression Coefficients: A Sensitivity Analysis 异常值对回归系数的影响：敏感性分析

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International Journal of Accounting Pub Date : 2021-07-03 DOI: 10.1142/S1094406021500141

Dongyi Wang

引用次数: 0

AN ASSESSMENT OF FORENSIC ACCOUNTING TECHNIQUES IN THE PREVENTION OF REVENUE LEAKAGES IN NIGERIAN FEDERAL UNIVERSITIES 尼日利亚联邦大学预防收入泄露的法务会计技术评估

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International Journal of Accounting Pub Date : 2021-07-02 DOI: 10.47941/JACC.601

Taiya Haziel Mbasiti, J. Y. Gyang, Ojaide Fransis

{"title":"AN ASSESSMENT OF FORENSIC ACCOUNTING TECHNIQUES IN THE PREVENTION OF REVENUE LEAKAGES IN NIGERIAN FEDERAL UNIVERSITIES","authors":"Taiya Haziel Mbasiti, J. Y. Gyang, Ojaide Fransis","doi":"10.47941/JACC.601","DOIUrl":"https://doi.org/10.47941/JACC.601","url":null,"abstract":"Purpose: Forensic accounting reflects the application of investigative and analytical techniques for the purpose of resolving fraudulent practices. The purpose of the research was to examine the extent at which Forensic Accounting Techniques serves as a panacea for preventing Revenue Leakages in Federal Universities in Nigeria. \u0000Methodology: Primary data were collected with the aid of research questionnaire and used in this study. The sample size of 238 respondents was determined from a census of targeted EFCC, internal audit staff of selected Nigerian Federal Universities. This study applied a statistical tool, which described and evaluated the relationships between Forensic accounting techniques and revenue leakages. \u0000Findings: The methodology shows that Forensic accounting data analysis techniques have positive effects on revenue leakages in Nigerian Federal Universities. This implies that a forensic data analysis technique can help in uncovering leakages of revenue in Nigerian Federal Universities. The implication is that when these technologies are applied, there would be drastic reduction in revenue leakages. From the findings, it was concluded that the application of forensic accounting techniques will help in preventing revenue leakages in Nigerian Federal Universities. \u0000Unique Contribution to Theory, Practice and Policy: On the basis of these findings and conclusion, it was recommended that forensic accounting data analysis and technology techniques should be employed in Nigerian Federal Universities to help them curb revenue leakages in the system. That will help to discover and analyse patterns of fraudulent activities and develop sorts of digital tools that would be found helpful in fighting economic and financial crimes within the system. \u0000Keywords: Forensic Accounting, Revenue Leakages, Frauds, Forensic Accounting Technologies","PeriodicalId":47122,"journal":{"name":"International Journal of Accounting","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84270354","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: 1

TIJA Forum on Replication: An Overview TIJA复制论坛:概述

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International Journal of Accounting Pub Date : 2021-06-24 DOI: 10.1142/s1094406021500116

S. Radhakrishnan

引用次数: 1

After the Stock Options Boom: Changes in Equity-Based Pay Following the Mandatory Adoption of IFRS 2 股票期权繁荣之后:强制采用国际财务报告准则第2号后股权薪酬的变化

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International Journal of Accounting Pub Date : 2021-05-18 DOI: 10.1142/S1094406021500062

R. Gillenkirch, O. Korn, Alexander Merz

{"title":"After the Stock Options Boom: Changes in Equity-Based Pay Following the Mandatory Adoption of IFRS 2","authors":"R. Gillenkirch, O. Korn, Alexander Merz","doi":"10.1142/S1094406021500062","DOIUrl":"https://doi.org/10.1142/S1094406021500062","url":null,"abstract":"This paper investigates the economic consequences of the mandatory adoption of International Financial Reporting Standard 2 (hereafter, “IFRS 2”) on firms’ choices between alternative executive compensation instruments. With a unique, hand-collected dataset that contains design elements of stock option plans, we find that the adoption of IFRS 2 affects both the decision to keep or to give up stock options and the choice of alternative equity compensation instruments. In contrast to recent evidence from the United States, we find that the majority of firms replacing stock options by other equity instruments switched to performance shares, not to restricted stock. Our dataset allows us to relate firms’ reactions to IFRS 2 to the three major rationales explaining stock option compensation practice, namely, optimal contracting, managerial rent extraction, and perceived cost. Our results suggest that all three rationales contribute to explaining changes in compensation design because firms with sophisticated option plans tend to keep their options, whereas design decisions by firms abandoning options are related to a lack of shareholder power.","PeriodicalId":47122,"journal":{"name":"International Journal of Accounting","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47432272","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

A Reply to David Hay’s Discussion 对海大卫讨论的回应

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International Journal of Accounting Pub Date : 2021-04-29 DOI: 10.1142/s1094406021800056

Saverio Bozzolan, Antti Miihkinen

引用次数: 0

Board Composition and Voluntary Risk Disclosure During Uncertainty 不确定性下的董事会构成与自愿风险披露

IF 2

International Journal of Accounting Pub Date : 2021-04-26 DOI: 10.1142/S1094406021500050

I. Adelopo, K. Yekini, Robert Maina, Yan Wang

{"title":"Board Composition and Voluntary Risk Disclosure During Uncertainty","authors":"I. Adelopo, K. Yekini, Robert Maina, Yan Wang","doi":"10.1142/S1094406021500050","DOIUrl":"https://doi.org/10.1142/S1094406021500050","url":null,"abstract":"This study examines the relationship between board composition and voluntary risk disclosure during uncertainty for a sample of UK listed companies. A strand of the disclosure literature focusing on the impact of the board on corporate disclosure argues that board composition influences the extent and quality of corporate disclosure, but they have largely used data from stable periods and rarely on risk disclosure. Instead, using agency theory, we examine the impact of board composition on risk disclosure during corporate uncertainty for a sample of UK listed companies for the period 2006-2015. We used content analysis to derive our measure of risk disclosure and measure board composition based on its size, independence, meeting frequency and gender diversity. Our regression analyses controlled for the extent of firms’ agency costs, firm risk level and the impact of mandatory risk disclosure regulation amongst other control variables. Consistent with our hypotheses, we find that board size and board independence are positively associated with firms’ risk disclosure during uncertainty but board meeting frequency and gender diversity seem inconsequential for risk disclosure. Firms’ risk disclosure is positively associated with risk level and mandatory risk disclosure. Our results are robust to alternative model specifications and endogeneity concerns. We highlight the implications of our findings for management practice and regulations.","PeriodicalId":47122,"journal":{"name":"International Journal of Accounting","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48630076","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: 3

Environmental Performance of Firms and Access to Bank Loans 企业的环境绩效和获得银行贷款的机会

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International Journal of Accounting Pub Date : 2021-04-23 DOI: 10.1142/S1094406021500074

Hongtao Shen, Huiying Wu, Wenbin Long, L. Luo

引用次数: 7

The Relation Between Earnings Quality and Cost of Equity and the Role of Ownership Concentration: Evidence from Italy 盈余质量与股权成本的关系及股权集中的作用——来自意大利的证据

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International Journal of Accounting Pub Date : 2021-04-21 DOI: 10.1142/S1094406021500104

Claudia Frisenna, Daniel M. Greco, Davide Rizzotti

引用次数: 0