British Accounting Review最新文献_第3页

Institutional mechanisms, ownership and bank risk-taking during crises 危机期间的制度机制、所有权和银行风险承担

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101451

Thi Thuy Anh Vo , Nathan Lael Joseph

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The role of legal, regulatory and political reforms and institutions in influencing accounting and financial outcomes 法律、监管和政治改革及机构在影响会计和财务结果方面的作用

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2025.101647

Grantley Taylor , Douglas Cumming , Donghui Li , Jing Shi

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How does divergence of control and cash-flow rights influence cost stickiness? 控制权和现金流权的分歧如何影响成本粘性？

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101495

Seungbin Oh , Ahrum Choi

{"title":"How does divergence of control and cash-flow rights influence cost stickiness?","authors":"Seungbin Oh , Ahrum Choi","doi":"10.1016/j.bar.2024.101495","DOIUrl":"10.1016/j.bar.2024.101495","url":null,"abstract":"<div><div>This study investigates whether the degree of cost stickiness depends on the divergence between control and cash-flow rights of ultimate owners using data from 22 countries. Firms with a large divergence between control and cash-flow rights are known to take more opportunistic actions at the expense of minority shareholders. The empirical results show that the magnitude of cost stickiness decreases as the divergence between control and cash-flow rights increases due to the greater incentives to manipulate earnings. Firms use both accruals earnings management (AEM) and real-activities earnings management (REM), and among REM, they adjust production activity and discretionary expense to affect cost. Additional tests show that the negative relationship between the divergence between control and cash-flow rights and cost stickiness is more pronounced in countries with weak economic, legal, and social factors. This paper, by examining the effect of ownership structure on cost behavior as well as its underlying mechanism, broadens the understanding of sticky cost behavior and contributes to the growing body of literature on the convergence of financial and managerial accounting.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"57 3","pages":"Article 101495"},"PeriodicalIF":5.5,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142637401","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

Female lead auditors, audit fees, and audit quality 女性首席审计师、审计费用和审计质量

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101497

Tiphaine Jérôme , Cédric Poretti , Alain Schatt

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Should underwriters be trusted? Reducing agency costs through primary market supervision 保险商应该被信任吗？通过一级市场监管降低代理成本

IF 5.5 3区管理学

British Accounting Review Pub Date : 2025-05-01 DOI: 10.1016/j.bar.2024.101510

Sean Foley , Xiaolu Hu , Haozhi Huang , Jiang Li

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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

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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

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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