Behavioral & Experimental Accounting eJournal最新文献_第7页

The Impact of Juror Knowledge of Deductibility and Defendants’ Tax Rates on Punitive Damages Awards: Experimental Evidence 陪审员对可扣除额和被告税率的了解对惩罚性损害赔偿裁决的影响:实验证据

Behavioral & Experimental Accounting eJournal Pub Date : 2019-02-18 DOI: 10.2139/ssrn.3336758

Bryan K. Church, Karie Davis-Nozemack, L. Dhooge, Shankar Venkataraman

{"title":"The Impact of Juror Knowledge of Deductibility and Defendants’ Tax Rates on Punitive Damages Awards: Experimental Evidence","authors":"Bryan K. Church, Karie Davis-Nozemack, L. Dhooge, Shankar Venkataraman","doi":"10.2139/ssrn.3336758","DOIUrl":"https://doi.org/10.2139/ssrn.3336758","url":null,"abstract":"The US Tax Code allows defendants to treat punitive damages as an ordinary and necessary business expense, thereby reducing their taxable income. Legal scholars posit that jurors are unaware that punitive damages are tax-deductible. Consequently, they claim that there is an under-punishment problem because defendants are penalized at lower damages amounts than they would be if jurors were instructed about tax-deductibility. We conduct an experiment to test this claim. We provide mock jurors with information about tax-deductibility as well as information about the defendant’s (historical) effective tax rate (ETR) to provide some context to jurors to adjust their awards, if they choose to. We find that jurors who are explicitly instructed that punitive damages are tax-deductible award higher damages, but only when the defendant’s ETR is low. When the defendant’s ETR is high, instructing jurors about tax-deductibility does not result in significantly higher punitive damages awards. This result is surprising because defendants with a high ETR are likely to benefit more from tax-deductibility compared to defendants with a low ETR. Our results suggests that jurors evaluate tax-deductibility jointly with other elements of a defendant’s tax situation when that information is provided. Therefore, jury instructions about tax-deductibility of punitive damages should carefully consider the implications of providing additional information about the defendant’s tax situation. Our result should be of interest to regulators and scholars in law, accounting, and public policy.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"33 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80900896","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 Procedure of Cash Incentive and Its Role in the RMG Sector in Bangladesh: Evidence from Bangladesh 现金激励程序及其在孟加拉国RMG行业中的作用:来自孟加拉国的证据

Behavioral & Experimental Accounting eJournal Pub Date : 2019-02-14 DOI: 10.2139/ssrn.3334383

M. Hossain

{"title":"The Procedure of Cash Incentive and Its Role in the RMG Sector in Bangladesh: Evidence from Bangladesh","authors":"M. Hossain","doi":"10.2139/ssrn.3334383","DOIUrl":"https://doi.org/10.2139/ssrn.3334383","url":null,"abstract":"The journey of Ready-Made Garment (RMG) was started in Bangladesh in the late 1970s and still it’s become one of the major earning source in Bangladesh. More than 76% of the total income is generating from RMG. The availability of cheap labor and the export-quotas system are the main reason behind the success in this sector in Bangladesh. After getting independence in 1971, many observers of the newly country took a negative view or opinion about the development prospect of Bangladesh. They thought the country will remain permanently under the poverty line. But the scenery has changed; today more than 90 percent women are connected to the RMG sector for Economic development in Bangladesh. The RMG plays a pivotal role in the economic development in Bangladesh. 4.2 million Of Bangladeshis are employed in RMG sector and 13% of total GDP of nation comes from the RMG sector. To accelerate this RMG sector in Bangladesh, our government provide some facility which help the RMG industrialist to expand the market and contributing more to the economic development. Actually there are three types of facility provided to the RMG exported goods which are; bonded warehouse, duty drawback and cash incentive. To get this type of subsidy from the government some rules and regulation have to maintain. In case of textile sector there are three independent Associations are responsible. Those are Bangladesh Textile Manufacturing Associations (BTMA), where the core responsibility of this association are concentrate on Woven fabrics manufacturing, spinners and dying units; the Bangladesh Garments Manufacturers and Exporters Association (BGMEA) which represent on Cutting and sewing units and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) which represent on Knitwear cutting and sewing, knitwear manufacturer and the fabric dying units.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"16 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75065924","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: 4

Analyst Information Acquisition via EDGAR 通过EDGAR获取分析师信息

Behavioral & Experimental Accounting eJournal Pub Date : 2019-01-02 DOI: 10.2139/ssrn.3112761

Brian Gibbons, P. Iliev, J. Kalodimos

引用次数: 60

The Angel Investment Decision: Insights from Australian Business Angels 天使投资决策:来自澳大利亚商业天使的见解

Behavioral & Experimental Accounting eJournal Pub Date : 2018-12-14 DOI: 10.1111/acfi.12427

B. A. White, John Dumay

引用次数: 13

How Might Normative and Mimetic Pressures Improve Local Government Service Performance Reporting? 规范压力和模仿压力如何改善地方政府服务绩效报告?

Behavioral & Experimental Accounting eJournal Pub Date : 2018-12-01 DOI: 10.1111/acfi.12252

Prae Keerasuntonpong, C. Cordery

引用次数: 9

Accountability and Taxation: Experimental Evidence 问责制和税收:实验证据

Behavioral & Experimental Accounting eJournal Pub Date : 2018-11-01 DOI: 10.2139/ssrn.3288516

Ingrid Hoem Sjursen

引用次数: 18

Stock Return Predictability With Financial Ratios: An Empirical Study of Listed Manufacturing Companies in Sri Lanka 基于财务比率的股票收益可预测性:斯里兰卡制造业上市公司的实证研究

Behavioral & Experimental Accounting eJournal Pub Date : 2018-10-11 DOI: 10.5296/IJAFR.V8I4.14137

S. Anandasayanan

{"title":"Stock Return Predictability With Financial Ratios: An Empirical Study of Listed Manufacturing Companies in Sri Lanka","authors":"S. Anandasayanan","doi":"10.5296/IJAFR.V8I4.14137","DOIUrl":"https://doi.org/10.5296/IJAFR.V8I4.14137","url":null,"abstract":"This study attempts to investigate financial ratios’ predictive power, using the yearly time series data during the period of 2012-2017 for 33 listed manufacturing companies in Colombo Stock Exchange. This study specifically identifies the financial ratios, which are acknowledged as the predictors of stock returns in the share market, to test the stock return predictability. The financial ratios include the ratio of dividend yield, earnings per share, and earnings yield which are most useful and effective on stock return predictability in order to cover a wide range of predictions which have been used by all most all the previous researches. The stock return predictability is analyzed by regressing the dividend yield, earning per share and earning yield respectively on the yearly stock returns from 2012 to 2017. The results show high predictability power, since the R2-value is high and the coefficients are very significant and autocorrelation corrected standard errors. The results reveal that the three ratios hold a somehow predictive power regarding stock returns of the Listed Manufacturing Companies in Colombo Stock Exchange.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84418608","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: 5

Understanding the Relations Between Internal Controls, Trust, and Cooperation Within an Organization 了解组织内部控制、信任和合作之间的关系

Behavioral & Experimental Accounting eJournal Pub Date : 2018-09-26 DOI: 10.2139/ssrn.3327520

Nicole L. Cade, Sarah E. McVay

引用次数: 0

Wording and Saliency Matter: The Impact of Incentive System and Organizational Value Statement on Employees’ Performance 措辞与显著性问题:激励制度与组织价值陈述对员工绩效的影响

Behavioral & Experimental Accounting eJournal Pub Date : 2018-08-16 DOI: 10.2139/ssrn.3232935

Kazeem O. Akinyele, V. Arnold, S. Sutton

{"title":"Wording and Saliency Matter: The Impact of Incentive System and Organizational Value Statement on Employees’ Performance","authors":"Kazeem O. Akinyele, V. Arnold, S. Sutton","doi":"10.2139/ssrn.3232935","DOIUrl":"https://doi.org/10.2139/ssrn.3232935","url":null,"abstract":"A recent focus within the management control literature has been the recognition of the need to consider how packages of controls interact to influence employee behavior. This study extends recent research on the interaction of formal and informal controls. We use a sequence of two experiments to expand upon research by Kachelmeier, Thornock, and Williamson (2016) who find that a value statement focused on quality can moderate productivity associated with incentive schemes. Experiment 1 replicates Kachelmeier et al., but substitutes a general organizational value statement in place of a quality specific statement and finds that the same basic interactive effect occurs—a value statement increases (decreases) productivity associated with fixed pay (piece-rate) incentives. Experiment 2 further extends the work on value statements by considering the espoused management best practices of broadly reinforcing the value statement to increase the statement’s saliency with employees. The results of the second experiment confirm that enhancing the saliency of the organizational value statement through active delivery, as opposed to the passive delivery used in previous studies, increases the moderation effect. These results contribute to the growing stream of research that is beginning to explore the interactive effects of packages of controls.","PeriodicalId":8737,"journal":{"name":"Behavioral & Experimental Accounting eJournal","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78673700","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

Accounting for Financial Instruments with Characteristics of Debt and Equity: Finding a Way Forward 具有债务和权益特征的金融工具的会计处理:寻找前进的道路

Behavioral & Experimental Accounting eJournal Pub Date : 2018-08-16 DOI: 10.1111/acfi.12280

N. Fargher, Baljit K. Sidhu, A. Tarca, W. van Zyl

引用次数: 12