Journal of Accounting and Public Policy最新文献_第2页

Stakeholder orientation and accounting conservatism: Evidence from State-Level constituency statutes 利益相关者导向与会计稳健性：来自州级选区法规的证据

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-28 DOI: 10.1016/j.jaccpubpol.2025.107295

Suresh Radhakrishnan , Ke Wang , Zheng Wang

引用次数: 0

Monitoring incentives and tax planning – Evidence from State-Owned enterprises 监督激励与税收筹划——来自国有企业的证据

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-27 DOI: 10.1016/j.jaccpubpol.2025.107307

Eva Eberhartinger , David M.P. Samuel

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The role of United States boards of accountancy in monitoring and sanctioning CPA Misbehavior 美国会计委员会在监督和制裁注册会计师不当行为中的作用

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-25 DOI: 10.1016/j.jaccpubpol.2025.107310

Lindsay M. Andiola , Bowe Hansen , Kyungeun Karry Kwon , J. Matthew Sarji

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Product advertising and financial analyst forecasts 产品广告和财务分析师预测

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-20 DOI: 10.1016/j.jaccpubpol.2025.107306

Heeick Choi , SeungWon Lee , Inho Suk , Hao Zhang

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Skin in the game: Does outside directors’ equity-based compensation induce or mitigate stock price crash risk? 参与其中：外部董事的股权薪酬是否会引发或减轻股价崩盘风险？

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-18 DOI: 10.1016/j.jaccpubpol.2025.107308

Yuting Qian , Bo Qin , Weiqiang Tan , Daifei Troy Yao

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Significant expected lifetime credit loss impairments: Determinants of bank loss recognition and stability implications 重大预期终身信贷损失减值：银行损失确认和稳定性影响的决定因素

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-17 DOI: 10.1016/j.jaccpubpol.2025.107305

Sebastian Fleer

{"title":"Significant expected lifetime credit loss impairments: Determinants of bank loss recognition and stability implications","authors":"Sebastian Fleer","doi":"10.1016/j.jaccpubpol.2025.107305","DOIUrl":"10.1016/j.jaccpubpol.2025.107305","url":null,"abstract":"<div><div>This paper explores how a recognition threshold approach for significant expected lifetime credit losses (ELCL) affects the joint surplus of a bank's debtholders and shareholders (bank social value). Banks play a dual role in the economy by supplying credit to the real sector and providing liquidity to depositors. Information released on ELCL induces sound risk-taking in credit supply while potentially distorting the bank's liquidity provision. A recognition threshold for ELCL can balance these social gains and costs by restricting ELCL recognition for a transaction to extreme outcomes. In this balancing act, the recognition threshold enhances a bank's social value by providing sufficient incentives for sound risk-taking while decreasing the social costs of liquidity disruption. Less favorable economic conditions necessitate tighter recognition thresholds to sustain sound risk-taking, which inflates the social costs of liquidity disruption. When these costs become excessive, the balance is disrupted, and forgoing ELCL recognition can enhance the bank's social value. While this practice safeguards stability in the short run, it ultimately undermines it in the long run. From a policy perspective, the results highlight the value of the principle-based notion of IFRS 9's significant increase in credit risk (SICR) criterion to address bank-specific trade-offs and increase a bank's social value. Uniformity of recognition thresholds can be demonstrated for at least a subset of banks. Lastly, the paper emphasizes that a recognition threshold approach does not maximize the social value of a bank, and more complex disclosure rules can further increase it.</div></div>","PeriodicalId":48070,"journal":{"name":"Journal of Accounting and Public Policy","volume":"51 ","pages":"Article 107305"},"PeriodicalIF":3.3,"publicationDate":"2025-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143632018","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

Access to IT-Capable employees and the relevance of financial information 有it能力的员工和相关的财务信息

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-03-03 DOI: 10.1016/j.jaccpubpol.2025.107284

J. Philipp Klaus , Adi Masli , Pradeep Sapkota

引用次数: 0

Can innovative enforcement mechanism work in weak investor protection Countries? Evidence from China 创新的执法机制能否在投资者保护薄弱的国家发挥作用？来自中国的证据

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-02-23 DOI: 10.1016/j.jaccpubpol.2025.107294

Chenyu Zhang , Jingyan Li , Deqiu Chen , Xu Lou

{"title":"Can innovative enforcement mechanism work in weak investor protection Countries? Evidence from China","authors":"Chenyu Zhang , Jingyan Li , Deqiu Chen , Xu Lou","doi":"10.1016/j.jaccpubpol.2025.107294","DOIUrl":"10.1016/j.jaccpubpol.2025.107294","url":null,"abstract":"<div><div>We examine the effect of China Securities Investor Services Center (ISC) shareholding, a joint public–private enforcement mechanism, on mergers and acquisitions (M&As). Employing a difference-in-differences (DID) analysis, we demonstrate that acquirers whose shares are owned by the ISC (ISC acquirers) encounter more price-related M&A withdrawals, more bid revisions, and shorter deal durations. Such effects are mainly driven by weak investor protection environments, lack of external supervision, and information asymmetry. Mechanism analysis indicates that ISC shareholding has monitoring and demonstration effects by drawing public attention and encouraging minority shareholder activism. Furthermore, ISC acquirers experience positive market reactions on withdrawal announcements and better long-term performance, such as higher stock returns, lower goodwill impairment, and better financial performance. Overall, our study suggests that as a joint public–private enforcement mechanism, ISC shareholding can protect minority shareholders’ interests, especially when the investor protection is weak. Our findings enrich the understanding of the enforcement mechanisms in emerging markets.</div></div>","PeriodicalId":48070,"journal":{"name":"Journal of Accounting and Public Policy","volume":"50 ","pages":"Article 107294"},"PeriodicalIF":3.3,"publicationDate":"2025-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143471529","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

Too much of a good thing? Mandatory risk disclosure and corporate innovation 好事过犹不及？强制性风险披露与企业创新

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-02-22 DOI: 10.1016/j.jaccpubpol.2025.107292

Shiu-Yik Au , Hongping Tan

引用次数: 0

The impact of joint provision of audit and tax services on the advice of tax professionals 联合提供审计和税务服务对税务专业人员意见的影响

IF 3.3 3区管理学

Journal of Accounting and Public Policy Pub Date : 2025-02-21 DOI: 10.1016/j.jaccpubpol.2025.107293

Devan Mescall, Regan N. Schmidt

{"title":"The impact of joint provision of audit and tax services on the advice of tax professionals","authors":"Devan Mescall, Regan N. Schmidt","doi":"10.1016/j.jaccpubpol.2025.107293","DOIUrl":"10.1016/j.jaccpubpol.2025.107293","url":null,"abstract":"<div><div>Prior public policy research has questioned the impact of joint provision of audit and non-audit services by examining auditor behavior and audit quality. This study contributes to the public policy debate by examining the behavior of the non-audit service provider, specifically tax professionals. The results of an experiment provide the first evidence that joint provision of audit and tax services impacts the judgments of the tax professional and reduces the aggressiveness of tax advice provided by experienced tax professionals, consistent with ingroup behavioral theory. In addition, tax professionals’ assessments of uncertainty—the basis for financial statement reserve recognition—are relatively greater when their firm is providing joint audit and tax services. Tax uncertainty assessments mediate the relationship between service provision and tax aggressive advice. Collectively, this study informs the public policy debate by demonstrating that joint provision of audit and non-audit services impacts the non-audit service provided by the same firm and provides clarity on how public policy may decrease tax aggressive advice.</div></div>","PeriodicalId":48070,"journal":{"name":"Journal of Accounting and Public Policy","volume":"50 ","pages":"Article 107293"},"PeriodicalIF":3.3,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143453804","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