British Accounting Review最新文献_第7页

Accounting and accountability for managing diversity tensions in hybrid organisations 混合型组织中管理多样性紧张局势的会计和问责制

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101470

Giuseppe Grossi , Aziza Laguecir , Laurence Ferry , Basil Tucker

{"title":"Accounting and accountability for managing diversity tensions in hybrid organisations","authors":"Giuseppe Grossi , Aziza Laguecir , Laurence Ferry , Basil Tucker","doi":"10.1016/j.bar.2024.101470","DOIUrl":"10.1016/j.bar.2024.101470","url":null,"abstract":"<div><div>Hybrid organisations are organisational forms that use different resources, governance models and institutional logics derived from public, private, for-profit and nonprofit. Hybridity can be referred to on multiple levels of analysis: macro-level related to the society, meso-level related to specific organisational fields or organisations, or micro-level related to groups or individual actors. This paper provides a comprehensive comment on the state of research on accounting and accountability themes in hybrid organisations. The paper also locates the articles included in this special section, identifying avenues for further research. The state of research in hybrid organisations shows that a growing number of studies focus on accounting and accountability practices in different types of hybrid organisations operating in different fields. This paper identifies diversity tensions in accounting and accountability for single hybrid organisations or networks operating at different levels, compromising multiple values and expectations of audiences/forums. The six articles in the special setion fill this gap in addressing questions of for who, for what, and where by exploring the multiple actors, values and forums involved in accounting and accountability practices in hybrid organisations.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101470"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924002348/pdfft?md5=83086317f4a2cbe7231cb5ce39975c68&pid=1-s2.0-S0890838924002348-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142100789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Exporting corporate social responsibility: Evidence from foreign bank entry 输出企业社会责任:来自外资银行的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101236

Yanyan Shen , Xiaojia Zheng

引用次数: 0

Stock exchange oversight and investor quotes: Evidence from initial public offering comment letters in China 证券交易所监督与投资者报价：来自中国首次公开发行股票征求意见函的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101361

Xiaohong Yu , Albert Tsang , Yujun Wu , Zhou Leng

{"title":"Stock exchange oversight and investor quotes: Evidence from initial public offering comment letters in China","authors":"Xiaohong Yu , Albert Tsang , Yujun Wu , Zhou Leng","doi":"10.1016/j.bar.2024.101361","DOIUrl":"10.1016/j.bar.2024.101361","url":null,"abstract":"<div><div>This study investigates whether and how changes in the information environment resulting from the issuance of comment letters during the initial public offering (IPO) process, as is newly implemented by stock exchanges in China, affect IPO quotes from institutional investors. We find a significant and negative association between IPO review intensity, measured as the number of comment letter questions issued by the stock exchange or the change in length between the initial and final prospectuses, and the number of quotes received by the firm from institutional investors. Further analyses reveal that IPO review intensity is negatively associated with the divergence of quotes received from institutional investors. Additional analyses reveal that institutional investors tend to pay more attention to questions indicating regulatory oversight than to questions requesting factual information disclosure. Overall, the findings of this study provide support for the hypothesis that the issuance of comment letters, as a part of the interaction between stock exchanges and equity-issuing firms during the IPO process, plays a significant oversight role and consequently influences investor decision-making.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101361"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924001008/pdfft?md5=647d70fd4ce8c6c882c40602225774ee&pid=1-s2.0-S0890838924001008-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140279689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Political connections, corruption, and investment decisions of Chinese mutual funds 政治关系、腐败与中国共同基金的投资决策

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101300

Chao He , Lawrence Kryzanowski

引用次数: 0

Financial statement comparability and analysts’ optimism for accruals 财务报表可比性和分析师对应计项目的乐观态度

IF 5.1 3区管理学

British Accounting Review Pub Date : 2024-05-01 DOI: 10.1016/j.bar.2023.101303

Bryan Byung-Hee Lee , Jay Junghun Lee

{"title":"Financial statement comparability and analysts’ optimism for accruals","authors":"Bryan Byung-Hee Lee , Jay Junghun Lee","doi":"10.1016/j.bar.2023.101303","DOIUrl":"10.1016/j.bar.2023.101303","url":null,"abstract":"<div><p>This study examines the role of financial statement comparability in mitigating analysts' optimism for accruals. Prior research shows that sell-side analysts do not fully incorporate accrual information in anticipating future earnings and thus tend to issue more optimistic forecasts for firms with a higher level of accruals. We posit that financial statement comparability allows analysts to use industry peers' information in assessing the persistence of accruals, thereby lowering their optimism for accruals. We find that analysts' accrual-related optimism is significantly moderated for firms with a high degree of financial statement comparability. Further, we disaggregate financial statement comparability into accrual comparability and cash flow comparability and find that the inverse relation between comparability and analysts' optimism for accruals is driven by accrual comparability rather than cash flow comparability. Moreover, exploiting the mandatory adoption of IFRS as an exogenous increase in comparability, we find that analysts’ optimism for accruals decreases significantly following the IFRS adoption while it does not show a significant change in non-IFRS-adopting countries during the same period. Collectively, the results suggest that financial statement comparability helps analysts process and interpret accrual information, thereby improving their forecasting activities.</p></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 3","pages":"Article 101303"},"PeriodicalIF":5.1,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139061353","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

“Fly alone, die alone”? The clan and the production of tax expertise "一个人飞，一个人死"？宗族与税务专业知识的产生

IF 5.1 3区管理学

British Accounting Review Pub Date : 2024-05-01 DOI: 10.1016/j.bar.2024.101382

Maryse Mayer , Yves Gendron

{"title":"“Fly alone, die alone”? The clan and the production of tax expertise","authors":"Maryse Mayer , Yves Gendron","doi":"10.1016/j.bar.2024.101382","DOIUrl":"10.1016/j.bar.2024.101382","url":null,"abstract":"<div><p>How do tax advisors make themselves comfortable with the tax planning arrangements they recommend to their clients, in the many gray areas that characterize their field of practice? What motivates tax advisors to consult each other in this context? In this field study, we examine the processes that help (re)produce an influential informal norm of peer consultation surrounding the work of tax partners in accounting firms. Based on interviews with 36 tax advisors, most of them partners in accounting firms, our analysis focuses on rationalization processes surrounding the informal consultation norm. Our findings shed light on partners' heavy reliance on this norm, to comfort themselves in exercising interpretive judgment about the meaning of tax rules. Clan monitoring and mutual support both play a significant role in the process. As such, our study illustrates how peer consultation operates as an interpretive practice socially embedded in clan processes. Partners negotiate the shared meaning of the law through clan-based interactions with their peers until a consensus is reached: the tax planning arrangement is then perceived to be robust enough and able to withstand external challenges. Overall, our analysis points to a need to step back from the current tax avoidance debate, to better understand how clan-based interpretive judgments develop and operate in practice, in their social context. We also hope to influence the discipline’s research agenda by encouraging academics to seek a better understanding of tax planning in action.</p></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 3","pages":"Article 101382"},"PeriodicalIF":5.1,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924001318/pdfft?md5=a8d6aaee40229b0095f658890b26259c&pid=1-s2.0-S0890838924001318-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140402600","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The impact of terrorist attacks and mass shootings on earnings management 恐怖袭击和大规模枪击事件对盈余管理的影响

IF 5.1 3区管理学

British Accounting Review Pub Date : 2024-05-01 DOI: 10.1016/j.bar.2023.101232

Seda Oz

{"title":"The impact of terrorist attacks and mass shootings on earnings management","authors":"Seda Oz","doi":"10.1016/j.bar.2023.101232","DOIUrl":"10.1016/j.bar.2023.101232","url":null,"abstract":"<div><p>This study investigates the role of salient events on accrual-based and real earnings management activities. For people using availability heuristics, the salience of an event may temporarily increase perceived risk even though the actual risk does not change, and individuals making decisions by availability heuristics are subsequently more likely to assign a higher probability to unrelated negative future events. I use terrorist attacks and mass shootings as salient events and conjecture that the negative effects of terrorist attacks and mass shootings spill over and lead to pessimistic risk assessments of financial reporting choices. The findings show a decrease in accrual-based and real earnings management for firms located in the impacted regions. The documented effects are driven by firms with high information asymmetry levels and pessimistic annual reports. Additional analysis reveals that affected firms decrease the readability of their annual reports, suggesting affected firms engage in a more complex narrative disclosure. The findings of this paper support the argument that managers exhibit a cognitive bias which affects their financial reporting choices.</p></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 3","pages":"Article 101232"},"PeriodicalIF":5.1,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47832368","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

Creative corporate culture and corporate tax avoidance 创新企业文化与企业避税

IF 5.1 3区管理学

British Accounting Review Pub Date : 2024-05-01 DOI: 10.1016/j.bar.2023.101217

Tahseen Hasan , Kose John , Haimeng Teng , Qiang Wu

引用次数: 0

The role of the strategic apex in shaping the disclosure strategy: A family firm in crisis 战略顶点在制定披露战略中的作用：危机中的家族企业

IF 5.1 3区管理学

British Accounting Review Pub Date : 2024-05-01 DOI: 10.1016/j.bar.2023.101302

Mattias Sandgren , Timur Uman , Mattias Nordqvist

{"title":"The role of the strategic apex in shaping the disclosure strategy: A family firm in crisis","authors":"Mattias Sandgren , Timur Uman , Mattias Nordqvist","doi":"10.1016/j.bar.2023.101302","DOIUrl":"10.1016/j.bar.2023.101302","url":null,"abstract":"<div><p>This study draws on attribution theory to examine <em>how</em> and by <em>what means</em> the firm's top management team, board members, and owner(s) (i.e., the strategic apex) shape disclosure strategies. Drawing on interviews and archival data spanning six years, we conduct a case study of a financially distressed private family-owned media group. Unique access to these data allowed us to peer into the disclosure strategy formation process that typically takes place behind closed doors in private firms. Our findings show that financial distress preceded the formation of the disclosure strategy and the voluntary disclosure practices designed to satisfy financially powerful stakeholders, and that internal whistleblowers act as a low-cost disclosure tool to inform financially weaker stakeholders. In addition, the development of the disclosure strategy is strongly influenced by the strategic apex, which forms collaborative teams, organises stakeholders and their information needs, and meticulously manages and controls the content and timing of voluntary disclosures. Our findings also suggest that a tightly knit disclosure strategy and voluntary disclosure practices are used to influence rather than inform, to manage stakeholder interactions, and to influence public opinion.</p></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 3","pages":"Article 101302"},"PeriodicalIF":5.1,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838923001646/pdfft?md5=9e35b7db613c01d3988d3917ebdb5d25&pid=1-s2.0-S0890838923001646-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139061470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Long live the walking dead? Corporate tax avoidance and zombie firms in China 行尸走肉万岁？中国的企业避税和僵尸企业

IF 5.1 3区管理学

British Accounting Review Pub Date : 2024-05-01 DOI: 10.1016/j.bar.2024.101319

Changrong Wang , Grant Richardson , Yanming Cao

{"title":"Long live the walking dead? Corporate tax avoidance and zombie firms in China","authors":"Changrong Wang , Grant Richardson , Yanming Cao","doi":"10.1016/j.bar.2024.101319","DOIUrl":"10.1016/j.bar.2024.101319","url":null,"abstract":"<div><p>This study examines the impact of corporate tax avoidance on zombie firms in China. Using a sample of 17,717 firm-year observations over the 2010–2019 period, we find a negative and statistically significant association between tax avoidance and zombie firms after controlling for financial constraints. We also divide the zombie firms in our sample into state-owned enterprise (SOE) and non-SOE subsamples and observe that the tax avoidance effect is stronger in the SOE subsample. Our baseline results are robust to endogeneity concerns and alternative measures of zombie firms, tax avoidance, and financial constraints. Moreover, we perform a heterogeneity test to understand better the impact of CEO political connections on the negative association between corporate tax avoidance and zombie firms. We find that CEO political connections magnify this association. Finally, we identify information opacity as a mechanism that explains the negative association between tax avoidance and zombie firms. Overall, the findings of this study improve our understanding of the determinants of zombie firms and the consequences of corporate tax avoidance.</p></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 3","pages":"Article 101319"},"PeriodicalIF":5.1,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924000192/pdfft?md5=5a26e87220aa1574f4060653ed549666&pid=1-s2.0-S0890838924000192-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139453824","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0