Behavioral & Experimental Accounting eJournal最新文献_第3页

Implicit Attitudes and U.S. Tax Professionals’ Reliance on Offshore Tax Professionals’ Recommendations 隐性态度和美国税务专业人员对离岸税务专业人员建议的依赖

Behavioral & Experimental Accounting eJournal Pub Date : 2020-08-05 DOI: 10.2139/ssrn.3667785

Brian C. Spilker, Bryan W. Stewart, David A. Wood

引用次数: 0

Pick a Number between 0 and 100: An Examination of Percentage-Based Scales 在0到100之间选择一个数字:百分制量表的检验

Behavioral & Experimental Accounting eJournal Pub Date : 2020-08-02 DOI: 10.2139/ssrn.3665726

Jared Eutsler

{"title":"Pick a Number between 0 and 100: An Examination of Percentage-Based Scales","authors":"Jared Eutsler","doi":"10.2139/ssrn.3665726","DOIUrl":"https://doi.org/10.2139/ssrn.3665726","url":null,"abstract":"This study provides evidence on the relationship between scale characteristics and participant responses for percentage-based scales (i.e., 101 points) in accounting research. A 4×1 between-subjects experiment examines how common labeling designs affect various statistical properties, including means, variance, normality of the distribution, and frequency of responses. The results indicate that labels on percentage-based scales have a significant impact on the distribution of participants’ responses. Labeling only the endpoints is the lone condition that results in normally distributed data. Additional analyses suggest that labels on percentage-based scales influence participant responses in multiple ways. First, as the number of labels increases, participants may not adequately consider, and thus ultimately select, unlabeled points. Second, while participants seem to inherently interpret percentage-based scales in quartiles and deciles, labeling as such exacerbates this tendency. Finally, when more labels are present, participants seem to engage an anchoring heuristic when selecting their response. Taken as a whole, the results suggest that accounting researchers may benefit from labeling only the endpoints of percentage-based scales.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"112 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81584671","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

Does Emphasizing Management Bias Decrease Auditors’ Sensitivity to Measurement Imprecision? 强调管理偏见会降低审计师对计量不精确的敏感性吗?

Behavioral & Experimental Accounting eJournal Pub Date : 2020-08-01 DOI: 10.2139/ssrn.3680716

Ben W. Van Landuyt

{"title":"Does Emphasizing Management Bias Decrease Auditors’ Sensitivity to Measurement Imprecision?","authors":"Ben W. Van Landuyt","doi":"10.2139/ssrn.3680716","DOIUrl":"https://doi.org/10.2139/ssrn.3680716","url":null,"abstract":"Both management bias and measurement imprecision threaten the accurate reporting of complex accounting estimates, yet audit policymakers and practitioners often place a strong emphasis on bias. I examine whether directing auditors’ attention towards management bias can come at the expense of insufficient auditor sensitivity to measurement imprecision, potentially threatening overall audit quality. My primary investigation, Study 1, finds that when managers’ explicit incentives to bias financial reports are relatively weaker, an imbalanced emphasis on bias causes auditor-like participants in a stylized setting to “lower their guard” to a greater extent than when environmental factors place a more balanced emphasis on bias and imprecision. Study 2 indicates that an imbalanced emphasis on imprecision does not similarly distract auditors from bias. Study 3 utilizes a more contextually rich setting and demonstrates that an imbalanced emphasis on bias prompts even professional auditors to neglect imprecision. Accordingly, this paper suggests that a balanced emphasis on both management bias and measurement imprecision can mitigate negative consequences of auditors focusing on the former and neglecting the latter.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"93 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76844170","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

Categorization Effects in Capital Markets: Evidence From Unicorn IPOs 资本市场的分类效应:来自独角兽ipo的证据

Behavioral & Experimental Accounting eJournal Pub Date : 2020-07-29 DOI: 10.2139/ssrn.3663722

Badryah Alhusaini, Bradley E. Hendricks, W. Landsman

{"title":"Categorization Effects in Capital Markets: Evidence From Unicorn IPOs","authors":"Badryah Alhusaini, Bradley E. Hendricks, W. Landsman","doi":"10.2139/ssrn.3663722","DOIUrl":"https://doi.org/10.2139/ssrn.3663722","url":null,"abstract":"We use the introduction of the Unicorn nomenclature to reference venture-backed firms with valuations in excess of $1 billion to examine how firm categorization influences investor demand and retail trade activity during IPO price formation. We predict and find evidence to suggest that the positive appeal associated with an IPO firm’s Unicorn categorization increases IPO investor demand, as evidenced by the firm’s shares pricing above the proposed IPO pricing range and experiencing higher first-day returns relative to an entropy-matched sample of control firms. Adopting a structural-equation methodology that considers explicitly the sequence of IPO price formation, we also show that Unicorn categorization is informative for understanding retail trade activity both directly and indirectly through the mediating effects of news coverage. We also show that Unicorn categorization relates negatively to post-IPO stock performance, and that Unicorn categorization increases the sensitivity of post-IPO stock performance to pre-IPO profitability. These findings, taken together, provide evidence that categorization hides category members’ individual idiosyncrasies and causes them to assume the category’s affective tone.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"64 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91086346","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: 1

Financial Accounting and Auditing Experiments in the Journal of Accounting Research: Historical Background and Recent Advances 《会计研究杂志》上的财务会计与审计实验:历史背景与最新进展

Behavioral & Experimental Accounting eJournal Pub Date : 2020-07-10 DOI: 10.2139/ssrn.3678868

Steven J. Kachelmeier

引用次数: 3

Promoting Proactive Auditing Behaviors 促进主动审计行为

Behavioral & Experimental Accounting eJournal Pub Date : 2020-06-26 DOI: 10.2139/ssrn.3636498

Mark E. Peecher, Michael A. Ricci, Yuepin (Daniel) Zhou

引用次数: 3

Shielding the Workforce: Does Subordinate Contract Frame Induce Leniency in Superiors’ Target-Setting Decisions? 保护员工:下属契约框架是否会导致上级目标设定决策的宽大处理?

Behavioral & Experimental Accounting eJournal Pub Date : 2020-06-01 DOI: 10.2139/ssrn.3635688

Rachel M. Martin, Tyler F. Thomas, Dimitri Yatsenko

引用次数: 1

Managerial Overconfidence, Research and Development, and Earnings Management: Perspective from Capitalization and Expense 管理层过度自信、研发与盈余管理:资本化与费用视角

Behavioral & Experimental Accounting eJournal Pub Date : 2020-05-30 DOI: 10.2139/ssrn.3610639

Guanglei Zhou, Bingwei Chen, Yuxuan Wu

{"title":"Managerial Overconfidence, Research and Development, and Earnings Management: Perspective from Capitalization and Expense","authors":"Guanglei Zhou, Bingwei Chen, Yuxuan Wu","doi":"10.2139/ssrn.3610639","DOIUrl":"https://doi.org/10.2139/ssrn.3610639","url":null,"abstract":"Managerial overconfidence, originally disputed in terms of finance and accounting, has been dated back to Malmendier and Tate (2005a,b). Galasso and Simcoe (2011) studied the relationship between CEO overconfidence and innovation, focusing on patents, in which they found that overconfident CEO underestimates risks in R&D activities, resulting in more R&D expenditure. However, little literature concentrates on expense and capitalization of R&D expenditure in China, where new accounting rule applied since 2007, and correspondingly the relationship between overconfidence and preference of expense and capitalization. By Tobit model and GMM model, we found that overconfidence managers have incentives to capitalize on R&D expenditure, because accrual earnings management motivated by capitalized R&D, different from real earning earnings management triggered by expense R&D, which cuts down R&D expense directly to beautify the earnings performance, adjust the proportion of research and development. Therefore, such a preference to capitalize R&D turns the corporation to deal with accrual earnings management instead of real earnings management.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"231 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75140873","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: 2

Constructive Obligations and Past Practice 建设性义务和过去的实践

Behavioral & Experimental Accounting eJournal Pub Date : 2020-05-28 DOI: 10.2139/ssrn.3613216

S. Garavaglia, Cassie Mongold, Brian J. White

{"title":"Constructive Obligations and Past Practice","authors":"S. Garavaglia, Cassie Mongold, Brian J. White","doi":"10.2139/ssrn.3613216","DOIUrl":"https://doi.org/10.2139/ssrn.3613216","url":null,"abstract":"Accounting standards require companies to recognize liabilities when a pattern of past practice creates constructive obligations. We conduct two experiments to test whether, and under what circumstances, financial statement users believe that a company’s past practice gives rise to obligations. Although we find that financial statement users rely heavily on past practice to predict a company’s future activities, they do not believe that past practice alone is sufficient to obligate a company to continue the practice. There are, however, situations in which users believe past practice does create obligations, such as when a company’s employees rely on its past practice to make important decisions. Further, users believe that such obligations can arise from moral, and not necessarily legal, compulsion. This is important because it suggests that users view obligations as comprising a broader range of situations than would be encompassed by a strict legal standard for defining obligations. Our results present a nuanced picture of the role of past practice in creating obligations and provide input to standard setters as they consider how liabilities should be defined.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"56 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81049418","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: 1

The True Cost of Prescription Opioids 处方阿片类药物的真实成本

Behavioral & Experimental Accounting eJournal Pub Date : 2020-04-26 DOI: 10.2139/ssrn.3760582

Cristina Rodriguez Vera, and C M Friend, Osazee Paul, J. Welsh, Nataraj Dasgupta

引用次数: 0