The British Accounting Review最新文献_第3页

Information-Processing Gap and Insider Trading Profitability: Evidence from the XBRL Mandate 信息处理差距与内幕交易盈利能力：来自XBRL授权的证据

The British Accounting Review Pub Date : 2026-07-16 DOI: 10.1016/j.bar.2026.101941

Yuyun Huang, Jerry T. Parwada, Yuan George Shan, Joey W. Yang

{"title":"Information-Processing Gap and Insider Trading Profitability: Evidence from the XBRL Mandate","authors":"Yuyun Huang, Jerry T. Parwada, Yuan George Shan, Joey W. Yang","doi":"10.1016/j.bar.2026.101941","DOIUrl":"https://doi.org/10.1016/j.bar.2026.101941","url":null,"abstract":"The information processing costs faced by external investors may provide corporate insiders with a comparative advantage. We examine how the phased introduction of the eXtensible Business Reporting Language (XBRL) mandate, designed to lower investors’ costs of processing public disclosures, affects insiders’ trading profitability. We find that opportunistic insider sales, but not purchases, become significantly less profitable following the first wave of mandatory XBRL adoption. This decline is consistent with a reduced number of insider sales preceding 10-K filings that convey unfavorable news, as well as with a general fall in insider trading activity and profitability across all three mandate waves. Further analysis reveals that the effect is most pronounced among firms with high levels of ex-ante information asymmetry proxied by a greater fraction of investors with less processing ability, less readable financial reports, and wider bid-ask spread, supporting the interpretation that reduced information asymmetry functions as the underlying channel. Our results remain consistent across a range of robustness checks.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"13 1","pages":"101941"},"PeriodicalIF":0.0,"publicationDate":"2026-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148589069","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Scaling net zero transitions through platform accounting infrastructure 通过平台会计基础设施扩展净零转换

The British Accounting Review Pub Date : 2026-07-05 DOI: 10.1016/j.bar.2026.101939

Chris J. Ford, Katy Mason

{"title":"Scaling net zero transitions through platform accounting infrastructure","authors":"Chris J. Ford, Katy Mason","doi":"10.1016/j.bar.2026.101939","DOIUrl":"https://doi.org/10.1016/j.bar.2026.101939","url":null,"abstract":"This paper extends understandings of accounting infrastructure by explaining how it can scale net zero transitions. Typically thought of as relatively stable assemblages of calculative devices and related practices, we show how the dynamic assembly and mobilisation of an accounting infrastructure coordinates and controls organizational and system-wide change. We undertook a 16-month study of the <ce:italic>Innovation Catalyst</ce:italic>: a not-for-profit, non-digital platform designed to convene small and medium-sized enterprises (SMEs) to catalyse net zero transitions. We followed platform managers and users through their co-creative process of accounting infrastructure assembly and extension, as they drew on the infrastructure’s increasing, heterarchical calculative potential to extend net zero oriented practices, outcomes and impacts across supply chains, communities, and wider business and policy networks. We reveal and theorise two distinct forms of accounting infrastructure layering: <ce:italic>layering for sustainability</ce:italic> and <ce:italic>layering for scale;</ce:italic> further, we show how this layering of accounting infrastructure is implicated in the dynamics of scaling: scaling-out, scaling-up and scaling-deep the impacts of the platform and its users.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"229 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2026-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148402725","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Information and risk in supply chain relationships: Perspectives from accounting and finance 供应链关系中的信息和风险：来自会计和金融的视角

The British Accounting Review Pub Date : 2026-06-24 DOI: 10.1016/j.bar.2026.101938

Ralf Zurbruegg, Ting Zhang, Mark Jacobs, Woon Sau Leung, Masayuki Susai, Tracey Dodd

引用次数: 0

Editorial networks, geography, and social responsibility: Alternative finance and the limits of finance 编辑网络、地理和社会责任：另类金融和金融的局限性

The British Accounting Review Pub Date : 2026-06-24 DOI: 10.1016/j.bar.2026.101936

Douglas Cumming, Sofia Johan

引用次数: 0

The power of ESG optimism: How Robinhood investors respond in real time ESG乐观主义的力量：罗宾汉投资者如何实时回应

The British Accounting Review Pub Date : 2026-06-10 DOI: 10.1016/j.bar.2026.101918

Zuben Jin

引用次数: 0

Balancing risk and reward: The influence of FAS 123R on cross-border M&As 风险与回报的平衡：FAS 123R对跨国并购的影响

The British Accounting Review Pub Date : 2026-06-05 DOI: 10.1016/j.bar.2026.101919

Chen Huang, Tongbin Xu, Aoran Zhang, Zhifang Zhang

{"title":"Balancing risk and reward: The influence of FAS 123R on cross-border M&As","authors":"Chen Huang, Tongbin Xu, Aoran Zhang, Zhifang Zhang","doi":"10.1016/j.bar.2026.101919","DOIUrl":"https://doi.org/10.1016/j.bar.2026.101919","url":null,"abstract":"Cross-border mergers and acquisitions (M&As) constitute the primary channel of foreign direct investment but involve substantial risk due to informational frictions, institutional differences, and the liability of foreignness. This study examines how accounting regulation affects such high-risk investment decisions by exploiting the adoption of Financial Accounting Standard (FAS) 123R, which required firms to expense stock options at fair value and thereby altered CEO risk-taking incentives. Using a difference-in-differences design that leverages cross-sectional variation in firms' exposure to the accounting reform, we document a significant decline in cross-border M&A activity following FAS 123R. The reduction is concentrated in settings where investment risk is higher, including acquisitions in culturally distant or civil-law countries, as well as among weakly governed firms and non-diversifying deals. Importantly, despite fewer acquisitions, firms more affected by FAS 123R undertake higher-quality cross-border M&As, as reflected in higher announcement returns. Overall, the findings provide causal evidence that accounting-driven changes in executive compensation reshape managerial risk-taking and improve the quality of firms’ international investment decisions.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"31 1","pages":"101919"},"PeriodicalIF":0.0,"publicationDate":"2026-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148286372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Price of Ambition: Top-down Amplification of Economic Growth Targets and Corporate Misconduct 野心的代价：自上而下的经济增长目标放大与企业不当行为

The British Accounting Review Pub Date : 2026-04-27 DOI: 10.1016/j.bar.2026.101913

Jiaoliang Jiang, Hengmiao Bao

{"title":"The Price of Ambition: Top-down Amplification of Economic Growth Targets and Corporate Misconduct","authors":"Jiaoliang Jiang, Hengmiao Bao","doi":"10.1016/j.bar.2026.101913","DOIUrl":"https://doi.org/10.1016/j.bar.2026.101913","url":null,"abstract":"This study examines the impact of the top-down amplification of economic growth targets on corporate misconduct. We present compelling evidence that firms in regions with higher target amplification are more likely to engage in misconduct. By examining the underlying mechanisms, we identify relaxed external monitoring and intensified financial constraints as two key channels through which amplified growth targets facilitate corporate misconduct. In the cross-section, the effect of target amplification is more pronounced when local officials have strong promotion incentives, for firms in regions with lower levels of local trustworthiness, firms operating in more competitive industries, firms with higher corruption-related expenditures, and for non-state-owned enterprises. Finally, firms that engage in misconduct in response to amplified economic growth targets are less productive. Overall, our findings reveal the dark side of amplified economic growth targets through the lens of corporate misbehavior, and offers insights that may help refine political promotion evaluation criteria to promote ethical business practices in emerging markets.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"3 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2026-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147752879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","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 integrated thinking on firm value: An international perspective 整合思维对企业价值的影响：一个国际视角

The British Accounting Review Pub Date : 2026-03-25 DOI: 10.1016/j.bar.2026.101902

Xinyu Zhao, Mohamed Omran, Sardar Ahmad

{"title":"The impact of integrated thinking on firm value: An international perspective","authors":"Xinyu Zhao, Mohamed Omran, Sardar Ahmad","doi":"10.1016/j.bar.2026.101902","DOIUrl":"https://doi.org/10.1016/j.bar.2026.101902","url":null,"abstract":"This paper examines how integrated thinking contributes to value creation and reduces misstatements in non-financial disclosures. Leveraging textual analysis on an international sample of 272 firms from 2013 to 2022, the study finds that integrated thinking is significantly and positively associated with both financial and non-financial value creation. Moreover, integrated thinking is shown to reduce misstatements in non-financial disclosures. Mediation analysis indicates that non-financial value creation acts as a positive mediator, whereas misstatements function as a negative mediator, jointly mediating the relationship between integrated thinking and financial value creation. The results are robust across alternative model specifications and after accounting for potential endogeneity. These findings have important policy implications for regulators aiming to enhance the reliability of sustainability reporting. For practitioners, the study highlights the strategic value of adopting integrated thinking frameworks—not only to improve long-term performance but also to strengthen the credibility and effectiveness of non-financial disclosures in stakeholder communication.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"106 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2026-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147587018","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Costs of Being Stuck in Traffic: Evidence from Debt Contracting 交通堵塞的代价：来自债务合同的证据

The British Accounting Review Pub Date : 2026-03-24 DOI: 10.1016/j.bar.2026.101900

Jie Hao, Viet Tuan Pham

引用次数: 0

The effects of psychological capital on accountants’ fraud reporting intentions 心理资本对会计人员舞弊报告意图的影响

The British Accounting Review Pub Date : 2026-03-18 DOI: 10.1016/j.bar.2026.101893

Steven E. Kaplan, Carly Moulang, Xinning Xiao

引用次数: 0