British Accounting Review最新文献_第2页

Labor protection and stock price crash risk: Evidence from international equity markets 劳动保护与股价崩盘风险：来自国际股票市场的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2023.101274

Wei Chen , Lili Dai , Xiaohua Fang , Wenjun Zhang

引用次数: 0

Lesson from stock price crash: Changes in managerial confidence and incentives 股价暴跌的教训：管理者信心和激励机制的变化

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101499

Hyeong Joon Kim

引用次数: 0

Discretionary tone in reward-based crowdfunding: Do project owners talk their way to success? 奖励式众筹的自由裁量权：项目所有者是否靠口才获得成功？

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101433

Douglas Cumming , Yihui Lan , Yuan George Shan , Junru Zhang

{"title":"Discretionary tone in reward-based crowdfunding: Do project owners talk their way to success?","authors":"Douglas Cumming , Yihui Lan , Yuan George Shan , Junru Zhang","doi":"10.1016/j.bar.2024.101433","DOIUrl":"10.1016/j.bar.2024.101433","url":null,"abstract":"<div><div>This study examines the relationship between abnormal tone and project performance of reward-based crowdfunding (RBC) using the Kickstarter data from 2009 to 2020. We document a negative relationship between abnormal tone and the success of a project in the RBC campaign section, while a positive impact in the Risks and Challenges section. This outcome remains robust to a variety of sensitivity tests and after accounting for potential endogeneity concerns. Cross-sectional analyses reveal that the effect of abnormal tone in RBC on project success is contingent on project quality and legal jurisdiction. Further investigation of the concurrent effect of abnormal tone in the two sections shows that an increase in the discretionary tone, given that it is overly optimistic, has a negative effect on funding performance. Last, based on a machine learning Sent-Latent Dirichlet Allocation model, we explore up to 70 specific risk categories embedded in Kickstarter projects, and we find that eight of them are strongly and negatively associated with project success. Our paper provides valuable insights into the significance of disclosure and sheds light on the ongoing and increased regulations on crowdfunding platforms.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"57 3","pages":"Article 101433"},"PeriodicalIF":5.5,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141463231","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

The impact of lobbying on managerial short-term resource adjustment decisions 游说对管理者短期资源调整决策的影响

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101391

Johannes Voshaar, Thomas R. Loy, Jochen Zimmermann

引用次数: 0

On professional destabilization and accounting self-regulation 关于职业不稳定和会计自律

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101358

Zachary Huxley , Marion Brivot

{"title":"On professional destabilization and accounting self-regulation","authors":"Zachary Huxley , Marion Brivot","doi":"10.1016/j.bar.2024.101358","DOIUrl":"10.1016/j.bar.2024.101358","url":null,"abstract":"<div><div>The accounting profession faces significant upheaval due to numerous destabilizations in its environment, with financialization being particularly impactful. This paper introduces a theoretical framework to dissect how the profession reacts to such disruptions. We posit that destabilizations give rise to novel types of misconduct, leading professional bodies to re-evaluate their definitions of (un)acceptable accounting behaviours. However, the intrinsically nebulous essence of accounting's foundational logic muddies these recalibrations. This vagueness, when paired with evolving misconduct, undermines specific regulatory measures, possibly instigating further destabilization. Our proposed accounting destabilization and regulation framework is exemplified through a case study focusing on the emerging regulation of valuation advisory work – a service line that is emblematic of financialization – in a Canadian provincial jurisdiction. This case underscores the challenges the profession faces due to financialization, highlighting the current regulatory strategy that treats valuation work as a strictly technical process; an approach that we show is inadequate in mitigating valuation-related misconduct. The paper enriches the literature by introducing a novel theoretical framework for evaluating emerging challenges in accounting regulation, and by delineating the case study's repercussions for the evolving financialized landscape of the accounting profession.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"57 3","pages":"Article 101358"},"PeriodicalIF":5.5,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139945395","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

The impact of asset specificity on corporate tax avoidance: Do financial constraints and product market power matter? 资产特殊性对企业避税的影响：财务限制和产品市场力量是否重要？

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101515

Douglas Cumming , My Nguyen

引用次数: 0

Share pledging and corporate misconduct 股票质押和公司不当行为

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101508

Lawrence Kryzanowski , Mingyang Li , Sheng Xu , Jie Zhang

引用次数: 0

Carbon emission trading scheme and carbon performance: The role of carbon management system 碳排放权交易机制与碳绩效：碳管理体系的作用

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101492

Yan Jiang , Le Luo , Albert Tsang , Yueheng Zhang

引用次数: 0

Textual dimensions of sustainability information, stock price informativeness, and proprietary costs: Evidence from integrated reports 可持续性信息的文本维度、股价信息和专有成本：来自综合报告的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101512

Mary E. Barth , Steven F. Cahan , Li Chen , Elmar R. Venter , Ruili Wang

{"title":"Textual dimensions of sustainability information, stock price informativeness, and proprietary costs: Evidence from integrated reports","authors":"Mary E. Barth , Steven F. Cahan , Li Chen , Elmar R. Venter , Ruili Wang","doi":"10.1016/j.bar.2024.101512","DOIUrl":"10.1016/j.bar.2024.101512","url":null,"abstract":"<div><div>We examine whether integrated report quality, IRQ, is negatively associated with stock price synchronicity, an inverse measure of firm-specific information, and the extent to which the relation between IRQ and synchronicity is attenuated by proprietary costs. We measure IRQ using machine-based textual analysis along four dimensions: textual attributes, topical content, integrated reporting capitals, and financial versus sustainability information. We find that measures of IRQ based on seven textual attributes are negatively related to synchronicity, which is consistent with higher quality text containing more firm-specific content. Using PhraseLDA to identify topics in integrated reports, we find that contents related to the three most common categories—governance, performance, and risks and opportunities—are negatively associated with synchronicity. We find similar results for all integrated report capitals, except manufactured capital. Further, we find that sustainability information has a larger negative association with synchronicity than financial information. We also find that proprietary costs stemming from product market competition attenuate the association between IRQ and synchronicity, which suggests the informativeness of integrated reports varies with a firm's competitive environment. Our results may inform the International Sustainability Standards Board as it considers the role of the Integrated Reporting Framework in developing sustainability standards.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"57 3","pages":"Article 101512"},"PeriodicalIF":5.5,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143899873","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

Endorsement and firm financing: Evidence from government venture capital market in China 背书与企业融资：来自中国政府风险投资市场的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101471

Xiaoxia Huang , Yanchen Jiang , Sushanta Mallick

引用次数: 0