British Accounting Review最新文献_第4页

Idiosyncratic volatility and return: A finite mixture approach 特殊波动率和收益:有限混合方法

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2023-09-04 DOI: 10.1016/j.bar.2023.101261

Zhuo (June) Cheng , Jing Fang , Yinglei Zhang

{"title":"Idiosyncratic volatility and return: A finite mixture approach","authors":"Zhuo (June) Cheng , Jing Fang , Yinglei Zhang","doi":"10.1016/j.bar.2023.101261","DOIUrl":"10.1016/j.bar.2023.101261","url":null,"abstract":"<div><div>Using finite mixture normal regressions, we find that the relation between idiosyncratic volatility (IVOL) and realized return is negative for one latent group and positive for the other latent group. The intercept is larger for the group with a positive relation than for the group with a negative relation; the negative relation concentrates in firms with large negative realized return in the bottom two quintiles and the positive relation concentrates in firms with large positive realized return in the top two quintiles; the likelihood of having a negative relation is positively related to price-to-value ratio estimates. Realized return has a prominent mispricing-correction component that is negative (positive) for overvalued (undervalued) firms and decreases (increases) with the degree of overvaluation (undervaluation) corrected. Overall, our findings are consistent with the positive relation between IVOL and mispricing. Our findings suggest that an overall negative relation between IVOL and realized return is driven by the negative relation between IVOL and the mispricing-correction component from overvalued firms. Rationally determined expected return cannot be negative. Evidently, an overall negative relation between IVOL and realized return does not contradict the prediction of rational asset pricing theories.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"58 2","pages":"Article 101261"},"PeriodicalIF":9.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46398669","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

Management accounting and artificial intelligence: A comprehensive literature review and recommendations for future research 管理会计与人工智能：综合文献综述及对未来研究的建议

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2025-01-19 DOI: 10.1016/j.bar.2025.101551

Khalid Abbas

{"title":"Management accounting and artificial intelligence: A comprehensive literature review and recommendations for future research","authors":"Khalid Abbas","doi":"10.1016/j.bar.2025.101551","DOIUrl":"10.1016/j.bar.2025.101551","url":null,"abstract":"<div><div>Digitalization and artificial intelligence (AI) technologies have the potential to disrupt and transform the management accounting domain and the role of accountants. The study systematically reviews 91 articles, synthesizing scholarly work on digitalization, AI, machine learning (ML), deep learning (DL), explainable AI, generative AI, and large language models (LLMs) in management accounting. In this context, the value of the paper is multi-fold. First, we argue that these technologies transform accounting information and organizational structures, affecting the accounting function's relationship with other organizational functions. Second, they present new challenges for management accountants, including data privacy, confidentiality, security and ethical concerns. Third, digital technologies automate basic accounting tasks and decision-making processes, potentially reshaping management accountants' roles and skills in terms of job elimination, upskilling, deskilling and reskilling. Fourth, these technologies create new opportunities for multidisciplinary collaboration and redefine professional boundaries. This paper contributes by discussing the impact of digitalization and the latest AI technologies on management accounting, illustrating how they can create business value, and highlighting associated challenges and risks for the profession. It proposes research agendas and potential research questions for future studies, providing insight into the potential impacts and implications for the accounting profession and the role of accountants.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"58 2","pages":"Article 101551"},"PeriodicalIF":9.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147425894","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

Labor litigation and corporate cash holdings: Insights from the textual analysis of judicial documents 劳动诉讼与公司现金持有：司法文件文本分析的启示

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2024-12-04 DOI: 10.1016/j.bar.2024.101541

Xu Feng , Mingya Hu , Cong Luo , Jiaquan Yao , Kunpeng Zhang

引用次数: 0

Exploring dimensions of governance for different types of blockchain systems 探索不同类型区块链系统的治理维度

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2025-02-05 DOI: 10.1016/j.bar.2025.101588

Rina Dhillon, Prabhu Sivabalan

{"title":"Exploring dimensions of governance for different types of blockchain systems","authors":"Rina Dhillon, Prabhu Sivabalan","doi":"10.1016/j.bar.2025.101588","DOIUrl":"10.1016/j.bar.2025.101588","url":null,"abstract":"<div><div>The rapid evolution of digital technologies has significantly reshaped governance. While much existing literature focuses on public blockchain governance, fewer investigate governance mechanisms of private and consortium blockchains, increasingly prevalent in society. We explore how blockchain systems enact governance using Beck et al.’s (2018) framework examining decision rights, accountability, and incentives. Interviews with eighteen blockchain experts reveal that public blockchains offer greater decision rights, less accountability and emphasise intrinsic incentives. In contrast, private and consortium blockchains adopt hierarchical governance where central entities regulate access, decision-making and behavioural norms. These systems prioritise extrinsic incentives and accountability than public blockchains. Our findings challenge the view of blockchain as purely decentralised, instead offering evidence of hybridised structures in practice. We also extend Beck et al.’s framework by studying three blockchain types and propose a systems and structure-based rationale for control in blockchains, as opposed to trust-based mechanisms (Pflueger et al. (2022)). Finally, we offer a variation on how responsibility and accountability depart, beyond extant MA studies (Burkert et al., 2011; Giraud et al., 2008) - suggesting that openness does not necessarily equate to enhanced accountability. These insights are crucial for understanding blockchain governance and have important implications for digital systems integration in organisations.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"58 2","pages":"Article 101588"},"PeriodicalIF":9.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143418537","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

Uncovering interfirm links through textual topic similarity: A comomentum analysis in financial markets 通过文本主题相似性发现公司间联系：金融市场中的常量分析

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2024-07-31 DOI: 10.1016/j.bar.2024.101446

Zhiyu Zhang , Zheng Qiao , Yao Ge , Zhe Shen

引用次数: 0

Harnessing ChatGPT for predictive financial factor generation: A new frontier in financial analysis and forecasting 利用 ChatGPT 生成预测性金融因子：金融分析和预测的新领域

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2024-10-21 DOI: 10.1016/j.bar.2024.101507

Yuhan Cheng, Yuming Zeng, Jie Zou

引用次数: 0

Digitalization and management accountants’ role conflict and ambiguity: A double-edged sword for the profession 数字化与管理会计师的角色冲突和模糊性：行业的双刃剑

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2024-08-08 DOI: 10.1016/j.bar.2024.101460

Alexander C.A. van Slooten, Paula M.G. Dirks, Sebastian Firk

{"title":"Digitalization and management accountants’ role conflict and ambiguity: A double-edged sword for the profession","authors":"Alexander C.A. van Slooten, Paula M.G. Dirks, Sebastian Firk","doi":"10.1016/j.bar.2024.101460","DOIUrl":"10.1016/j.bar.2024.101460","url":null,"abstract":"<div><div>This study investigates the relationship between the anticipated digitalization of the finance and control function and management accountants' (MAs') role conflict and ambiguity. Drawing on role theory, we argue that digitalization is associated with increases in MAs' role conflict and ambiguity because digitalization leads to adaptations in the established role templates of MAs and also introduces new templates for the digital age. We further argue that digitalization is associated with a stronger (weaker) increase in role conflict and ambiguity the more MAs have a watchdog (business partner) orientation. The reason is that the role templates for the digital age are less coherent and clear for watchdog-oriented MAs than for their business partner counterparts. We test our predictions using survey data from 242 MAs in Dutch for-profit firms. While we do not find that digitalization is associated with MAs’ role conflict and ambiguity per se, it is associated with more (less) role ambiguity and conflict for MAs with a relatively stronger watchdog (business partner) orientation. Digitalization may thus act as a double-edged sword for the management accounting profession. MAs focusing on the watchdog role may struggle in the digital age, while their business partner counterparts are set to benefit from digitalization.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"58 2","pages":"Article 101460"},"PeriodicalIF":9.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141994710","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

What happens at the interface of digitalisation and accounting? 在数字化和会计的界面上会发生什么？

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2025-08-20 DOI: 10.1016/j.bar.2025.101742

Alnoor Bhimani , Lino Cinquini , Teemu Malmi

引用次数: 0

Corrigendum to “Does audit Partner–Client relationship affect managerial tone? Evidence from earnings conference calls question and answer Sessions” [The British Accounting Review 101781] “审计合伙人-客户关系是否影响管理基调？”来自收益电话会议问答环节的证据”[The British Accounting Review 101781]

IF 9.4 3区管理学

British Accounting Review Pub Date : 2026-03-01 Epub Date: 2025-12-05 DOI: 10.1016/j.bar.2025.101814

Yaohua Qin , He Xiao , Xi He , Hanjie Meng

引用次数: 0

Accounting research for the digital age 数字时代的会计研究