http://scitation.aip.org/ The Accounting Review http://link.aip.org/link/?TAR/85/i/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, i (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1820/1&agg=rss OTHMAR W. WINKLER and THOMAS R. DYCKMAN<br/> Abstract not available. [The Accounting Review 85, 1820 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1817/1&agg=rss KEN McPHAIL, DIANE WALTERS, and JAMES C. GAA<br/> Abstract not available. [The Accounting Review 85, 1817 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1816/1&agg=rss WERNER DE BONDT and STEVEN J. MONAHAN<br/> Abstract not available. [The Accounting Review 85, 1816 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1814/1&agg=rss E. RICHARD CRISCIONE and GEORGE FOSTER<br/> Abstract not available. [The Accounting Review 85, 1814 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1811/1&agg=rss PAUL M. CLIKEMAN and W. MORLEY LEMON<br/> Abstract not available. [The Accounting Review 85, 1811 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1809/1&agg=rss PETER O. CHRISTENSEN, GERALD A. FELTHAM, and XIAO-JUN ZHANG<br/> Abstract not available. [The Accounting Review 85, 1809 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1787/1&agg=rss Jacob M. Rose, Carolyn Strand Norman, and Anna M. Rose<br/> ABSTRACT: This research examines whether investors adjust their assessments of investment risk in response to material control weakness disclosures, the pervasiveness of material control weaknesses, and the detail of explanation provided regarding the pervasiveness of material control weaknesses. Fi ... [The Accounting Review 85, 1787 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1763/1&agg=rss Mark E. Peecher, M. David Piercey, Jay S. Rich, and Richard M. Tubbs<br/> ABSTRACT: Prior research shows that an audit supervisor's active intervention in a subordinate's judgment distorts that judgment. However, subordinates' judgments are only one input into audit team judgments. How do supervisors finalize audit team judgments after actively intervening in their subord ... [The Accounting Review 85, 1763 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1743/1&agg=rss Terence Bu-Peow Ng and Premila Gowri Shankar<br/> ABSTRACT: We conduct an experiment to investigate whether the effects of an SAS No. 90-like quality assessment standard (QAS) on auditors' decision to accept a client-preferred accounting method is jointly moderated by the nature of advice from an audit firm's technical department and the strength o ... [The Accounting Review 85, 1743 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1721/1&agg=rss Lillian F. Mills, Leslie A. Robinson, and Richard C. Sansing<br/> ABSTRACT: We develop a model to examine the effects of Financial Accounting Standards Board (FASB) Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48), on the strategic interaction between publicly traded corporate taxpayers and the government. Several of our findings contradi ... [The Accounting Review 85, 1721 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1693/1&agg=rss Petro Lisowsky<br/> ABSTRACT: Using confidential tax shelter and tax return data obtained from the Internal Revenue Service, this study develops and validates an expanded model for inferring the likelihood that a firm engages in a tax shelter. Results show that tax shelter likelihood is positively related to subsidiari ... [The Accounting Review 85, 1693 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1669/1&agg=rss Steven J. Kachelmeier and Michael G. Williamson<br/> ABSTRACT: Performance-based compensation contracts can affect productivity both by motivating effort and by attracting workers whose abilities align best with the offered contracts. Using an experiment in which participants design rebus puzzles, this study tests whether the incremental benefits of c ... [The Accounting Review 85, 1669 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1647/1&agg=rss Richard C. Hatfield, Richard W. Houston, Chad M. Stefaniak, and Spencer Usrey<br/> ABSTRACT: This study reports the result of an experiment examining two aspects of the audit context that auditors likely do not suspect can influence audited account balances: the magnitude of an audit difference and the presence of a prior client concession. Negotiation theory shows that negotiator ... [The Accounting Review 85, 1647 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1617/1&agg=rss Mei Feng and Sarah McVay<br/> ABSTRACT: We document that, when revising their short-term earnings forecasts in response to management guidance, analysts wishing to curry favor with management weight the guidance more heavily than predicted, based on the credibility and usefulness of the guidance. This overweighting of guidance i ... [The Accounting Review 85, 1617 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1577/1&agg=rss William Cready, Thomas J. Lopez, and Craig A. Sisneros<br/> ABSTRACT: This study focuses on the persistence and market value implications of a subset of nonrecurring charges that are atypical due to repeated occurrence. The increased recurrence of supposedly nonrecurring items perhaps reflects managerial shifting of (more permanent) ordinary expenses to a tr ... [The Accounting Review 85, 1577 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1545/1&agg=rss Peter O. Christensen, Florin &#x015E;abac, and Jie (Joyce) Tian<br/> ABSTRACT: We derive sufficient conditions for ranking performance evaluation systems in multi-task agency models (using both optimal and linear contracts) in terms of a second-order stochastic dominance (SSD) condition on the likelihood ratios. The SSD condition can be replaced by a variance-covaria ... [The Accounting Review 85, 1545 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1511/1&agg=rss Brian Cadman, Sandy Klasa, and Steve Matsunaga<br/> ABSTRACT: We document that firms included in the ExecuComp database tend to be larger, more complex, followed by more analysts, have greater stock liquidity levels, and have higher total, but less concentrated, institutional ownership than other firms. Based on these differences, we test and find su ... [The Accounting Review 85, 1511 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1485/1&agg=rss Abhijit Barua, Steve Lin, and Andrew M. Sbaraglia<br/> ABSTRACT: This study investigates whether managers use classification shifting to manage earnings when reporting discontinued operations. Using a methodology similar to McVay (2006), we find evidence consistent with the hypothesis that firms shift operating expenses to income-decreasing discontinued ... [The Accounting Review 85, 1485 (2010)] published Tue Aug 31, 2010. http://link.aip.org/link/?TAR/85/1479/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, 1479 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/i/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, i (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1477/1&agg=rss STEPHEN ZEFF and CHRISTOPHER NAPIER<br/> Abstract not available. [The Accounting Review 85, 1477 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1475/1&agg=rss ROBERT S. KAPLAN, DAVID P. NORTON, and SHAHID ANSARI<br/> Abstract not available. [The Accounting Review 85, 1475 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1473/1&agg=rss ROBERT BLOOMFIELD, KRISTINA RENNEKAMP, and KATHRYN KADOUS<br/> Abstract not available. [The Accounting Review 85, 1473 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1441/1&agg=rss Dan Weiss<br/> ABSTRACT: This study examines how firms' asymmetric cost behavior influences analysts' earnings forecasts, primarily the accuracy of analysts' consensus earnings forecasts. Results indicate that firms with stickier cost behavior have less accurate analysts' earnings forecasts than firms with less st ... [The Accounting Review 85, 1441 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1411/1&agg=rss Yan Sun<br/> ABSTRACT: This study investigates whether MD&A disclosures have predictive ability for future firm performance in cases of disproportionate inventory increases. Using a sample of 568 manufacturing firms with disproportionate inventory increases, I find that the favorability of explanations for inven ... [The Accounting Review 85, 1411 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1375/1&agg=rss Chang Joon Song, Wayne B. Thomas, and Han Yi<br/> ABSTRACT: Statement of Financial Accounting Standards No. 157 (FAS No. 157), Fair Value Measurements, prioritizes the source of information used in fair value measurements into three levels: (1) Level 1 (observable inputs from quoted prices in active markets), (2) Level 2 (indirectly observable inpu ... [The Accounting Review 85, 1375 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1347/1&agg=rss Robert J. Resutek<br/> ABSTRACT: Prior studies employ a two-period empirical model and interpret the negative association between accruals in period one and returns in period two as evidence that investors misprice the information contained in accruals. In contrast to prior studies, I employ a three-period log-linear mode ... [The Accounting Review 85, 1347 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1325/1&agg=rss Karim Jamal and Hun-Tong Tan<br/> ABSTRACT: Managers sometimes implement accounting standards (such as the lease standard) opportunistically to move debt off balance sheet. Regulators and standard-setters are considering the adoption of principles-based accounting standards to reduce such opportunism. We report the results of an exp ... [The Accounting Review 85, 1325 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1303/1&agg=rss Yun Fan, Abhijit Barua, William M. Cready, and Wayne B. Thomas<br/> ABSTRACT: McVay (2006) concludes that managers opportunistically shift core expenses to special items to inflate current core earnings, resulting in a positive relation between unexpected core earnings and income-decreasing special items. However, she further notes that this relation disappears when ... [The Accounting Review 85, 1303 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1273/1&agg=rss Joseph F. Brazel, Tina D. Carpenter, and J. Gregory Jenkins<br/> ABSTRACT: Audit standards require auditors to conduct fraud brainstorming sessions on every audit. The Public Company Accounting Oversight Board has raised concerns about auditors' fraud judgments and the quality of their brainstorming sessions. We develop a measure of brainstorming quality to exami ... [The Accounting Review 85, 1273 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1239/1&agg=rss Robert M. Bowen, Andrew C. Call, and Shiva Rajgopal<br/> ABSTRACT: We document the first systematic evidence on the characteristics and economic consequences of firms subject to employee allegations of corporate financial misdeeds. First, compared to a control group that avoided public whistle-blowing allegations, firms subject to whistle-blowing allegati ... [The Accounting Review 85, 1239 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1215/1&agg=rss Anne Beatty, Scott Liao, and Joseph Weber<br/> ABSTRACT: A flourishing stream of research suggests that liquidity-constrained firms with low accounting quality have limited access to capital for investments. We extend this research by investigating whether these firms are more likely to lease their assets. Lessors' superior control rights allow ... [The Accounting Review 85, 1215 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1191/1&agg=rss Mark Bagnoli and Susan G. Watts<br/> ABSTRACT: We examine how biased financial reports (managed earnings) affect product market competition and how product market competition affects incentives to bias financial reports in a model with fully rational firms. We find that Cournot competitors bias their reports to create the impression th ... [The Accounting Review 85, 1191 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1163/1&agg=rss Scott D. Dyreng, Michelle Hanlon, and Edward L. Maydew<br/> ABSTRACT: This study investigates whether individual top executives have incremental effects on their firms' tax avoidance that cannot be explained by characteristics of the firm. To identify executive effects on firms' effective tax rates, we construct a data set that tracks the movement of 908 exe ... [The Accounting Review 85, 1163 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1131/1&agg=rss Linda Smith Bamber, John (Xuefeng) Jiang, and Isabel Yanyan Wang<br/> ABSTRACT: Financial economics has posited a limited role for idiosyncratic noneconomic manager-specific influences, but the strategic management literature suggests such individual influences can affect corporate outcomes. We investigate whether individual managers play an economically significant r ... [The Accounting Review 85, 1131 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1127/1&agg=rss Steven J. Kachelmeier<br/> Abstract not available. [The Accounting Review 85, 1127 (2010)] published Wed Jun 30, 2010. http://link.aip.org/link/?TAR/85/1125/1&agg=rss Stephen Zeff<br/> Abstract not available. [The Accounting Review 85, 1125 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/979/1&agg=rss Lisa Koonce, Michael G. Williamson, and Jennifer Winchel<br/> ABSTRACT: To curb opportunism in financial reporting, researchers and regulators have proposed that firms be required to report reconciliations of prior year estimates. We provide experimental evidence that such disclosures are not sufficient for nonprofessional investors to identify firms that are ... [The Accounting Review 85, 979 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/937/1&agg=rss Dongcheol Kim and Yaxuan Qi<br/> ABSTRACT: This study examines whether and how earnings quality, measured as accruals quality (AQ), affects the cost of equity capital. Using two-stage cross-sectional regression tests, we find that the AQ risk factor is significantly priced, after controlling for low-priced stocks. This result is ro ... [The Accounting Review 85, 937 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/911/1&agg=rss James E. Hunton and Anna Gold<br/> ABSTRACT: The current study examines the outcomes of three fraud brainstorming proceduresnominal group, round robin, and open discussionvia a randomized between-participant field experiment involving 150 audit clients and 2,614 auditors who participated in natural, hierarchical audit teams. The resu ... [The Accounting Review 85, 911 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/877/1&agg=rss Ferdinand A. Gul and John Goodwin<br/> ABSTRACT: Short-term debt and credit ratings have benefits for financial reporting quality that may be associated with lower audit fees. Using U.S. data for 2003 through 2006, we find that short-term debt is negatively related to audit fees for firms rated by Standard & Poor's, consistent with more ... [The Accounting Review 85, 877 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/849/1&agg=rss David A. Guenther and Richard Sansing<br/> ABSTRACT: We investigate how shareholder taxes and risk preferences affect both a stock's expected return, which reflects the capitalization of the dividend tax penalty into stock price, and the fraction of a firm's stock held by tax-exempt investors. Our model demonstrates that the dividend tax cap ... [The Accounting Review 85, 849 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/817/1&agg=rss Peter O. Christensen, Leonidas E. de la Rosa, and Gerald A. Feltham<br/> ABSTRACT: Recent articles have demonstrated that increased public disclosure can decrease firms' cost of capital. The focus has been on the impact of information on the cost of capital subsequent to the release of the information (the ex post cost of capital). We show that the reduction in the ex po ... [The Accounting Review 85, 817 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/791/1&agg=rss Jennifer L. Blouin, Cristi A. Gleason, Lillian F. Mills, and Stephanie A. Sikes<br/> ABSTRACT: FIN No. 48, Accounting for Uncertainty in Income Taxes (FASB 2006), requires firms to disclose tax reserves and to record changes in tax reserves at adoption of FIN No. 48 as cumulative effect adjustments in stockholders' equity. We predict that between the enactment and adoption of FIN No ... [The Accounting Review 85, 791 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/753/1&agg=rss Jan Barton, Thomas Bowe Hansen, and Grace Pownall<br/> ABSTRACT: We examine the value relevance of a comprehensive set of summary performance measures including sales, earnings, comprehensive income, and operating cash flows. We find that, while value relevance peaks for measures above the line, no single measure dominates around the world. Instead, a m ... [The Accounting Review 85, 753 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1122/1&agg=rss David Mosso and ROBERT J. SACK<br/> Abstract not available. [The Accounting Review 85, 1122 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1121/1&agg=rss Nahum D. Melumad, Doron Nissim, and SARAH E. McVAY<br/> Abstract not available. [The Accounting Review 85, 1121 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1119/1&agg=rss Chandra Kanodia and PIERRE JINGHONG LIANG<br/> Abstract not available. [The Accounting Review 85, 1119 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1095/1&agg=rss William B. Tayler<br/> ABSTRACT: Using an experiment, I examine whether involvement in scorecard implementation can mitigate the effects of motivated reasoning that occur when the scorecard is framed as a causal chain rather than merely as a balanced set of measures. Psychological research on motivated reasoning suggests ... [The Accounting Review 85, 1095 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1065/1&agg=rss Kenneth W. Shaw and May H. Zhang<br/> ABSTRACT: Leone et al. (2006) conclude that CEO cash compensation is more sensitive to negative stock returns than to positive stock returns, due to Boards of Directors enforcing an ex post settling up on CEOs. Dechow (2006) conjectures that Leone et al.'s (2006) results might be due to the sign of ... [The Accounting Review 85, 1065 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1035/1&agg=rss John R. Robinson, Stephanie A. Sikes, and Connie D. Weaver<br/> ABSTRACT: We investigate why firms choose to evaluate a tax department as a profit center (contributor to the bottom line) as opposed to as a cost center and the association between this choice and effective tax rates (ETRs). Using data from a confidential survey taken in 1999 of Chief Financial Off ... [The Accounting Review 85, 1035 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/1001/1&agg=rss Adi Masli, Gary F. Peters, Vernon J. Richardson, and Juan Manuel Sanchez<br/> ABSTRACT: We analyze the potential benefits that firms can realize from implementing technology specifically aimed at monitoring the effectiveness of their internal control systems. The Committee of Sponsoring Organizations of the Treadway Commission asserts that effective internal control monitorin ... [The Accounting Review 85, 1001 (2010)] published Wed May 12, 2010. http://link.aip.org/link/?TAR/85/i/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, i (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/i/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, i (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/753/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, 753 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/749/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, 749 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/745/1&agg=rss Stephen A. Zeff<br/> Abstract not available. [The Accounting Review 85, 745 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/719/1&agg=rss Michael G. Williams, John S. Hughes, and Carolyn B. Levine<br/> ABSTRACT: In this study, we consider the effects of the asymmetry in capital gains tax policy on the communication of private information to investors. Assuming quite plausibly that firm managers tend to favor current stockholder returns relative to future stockholder returns, though not exclusively ... [The Accounting Review 85, 719 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/695/1&agg=rss Stephen R. Stubben<br/> ABSTRACT: This study examines the ability of revenue and accrual models to detect simulated and actual earnings management. The results indicate that revenue models are less biased, better specified, and more powerful than commonly used accrual models. Using a simulation procedure, I find that reven ... [The Accounting Review 85, 695 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/671/1&agg=rss Nicholas Seybert<br/> ABSTRACT: Prior research finds that mandatory expensing induces underinvestment in research and development (R&D). The current study investigates whether capitalization can also create R&D investment problems. Abandoning a capitalized project requires asset impairment, a negative reporting effect th ... [The Accounting Review 85, 671 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/637/1&agg=rss Leslie A. Robinson<br/> ABSTRACT: Examining corporate investment in low-income housing tax credits reveals that firms are willing to incur costs in order to manage the income statement classification of an expense. Accounting rules allow investors who purchase a tax benefit guarantee to amortize their equity in a real esta ... [The Accounting Review 85, 637 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/607/1&agg=rss Siqi Li<br/> ABSTRACT: This study examines whether the mandatory adoption of International Financial Reporting Standards (IFRS) in the European Union (EU) in 2005 reduces the cost of equity capital. Using a sample of 6,456 firm-year observations of 1,084 EU firms during the 1995 to 2006 period, I find evidence t ... [The Accounting Review 85, 607 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/573/1&agg=rss Ole-Kristian Hope and John Christian Langli<br/> ABSTRACT: We examine the issue of auditor independence in a unique setting. Specifically, we test for auditor independence impairment among (1) private client firms, for which the risk of auditor reputation loss is lower than for publicly traded firms, and (2) in a low litigation environment (i.e., ... [The Accounting Review 85, 573 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/547/1&agg=rss Jacqueline S. Hammersley, E. Michael Bamber, and Tina D. Carpenter<br/> ABSTRACT: The Public Company Accounting Oversight Board (PCAOB) recently suggested that auditors' lack of specific fraud planning documentation has led auditors to devote insufficient attention to fraud risks in subsequent audit work. Guided by Support Theory, we experimentally investigate how the s ... [The Accounting Review 85, 547 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/513/1&agg=rss Ilan Guttman<br/> ABSTRACT: Existing literature assumes that the order and timing of analysts' earnings forecasts are determined exogenously. However, analysts choose when to issue their forecasts. This study develops a model that endogenizes the timing decision of analysts and analyzes their equilibrium timing strat ... [The Accounting Review 85, 513 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/483/1&agg=rss Ian D. Gow, Gaizka Ormazabal, and Daniel J. Taylor<br/> ABSTRACT: We review and evaluate the methods commonly used in the accounting literature to correct for cross-sectional and time-series dependence. While much of the accounting literature studies settings in which variables are cross-sectionally and serially correlated, we find that the extant method ... [The Accounting Review 85, 483 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/447/1&agg=rss Judson Caskey, Venky Nagar, and Paolo Petacchi<br/> ABSTRACT: This study models a manager who privately reports earnings to an independent audit committee that, after its own due diligence, modifies the report for public release to investors. The audit committee alters the reporting and valuation dynamics by attempting to remove the manager's reporti ... [The Accounting Review 85, 447 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/419/1&agg=rss Francois Brochet<br/> ABSTRACT: This study examines the information content of Form 4 filings under the more timely disclosure regime introduced by Section 403 of the Sarbanes-Oxley Act of 2002 (SOX). Abnormal returns and trading volumes around filings of insider stock purchases are significantly greater after SOX than b ... [The Accounting Review 85, 419 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/389/1&agg=rss Tae Sik Ahn, Iny Hwang, and Myung-In Kim<br/> ABSTRACT: The literature addresses optimal contract design issues that the principal must address to provide proper incentives to the agent. However, there has been limited empirical assessment of how agents actually respond to the performance-evaluation schemes in the contracts offered them. Moreov ... [The Accounting Review 85, 389 (2010)] published Thu Mar 18, 2010. http://link.aip.org/link/?TAR/85/i/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, i (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/97/1&agg=rss Linda Smith Bamber, John (Xuefeng) Jiang, Kathy R. Petroni, and Isabel Yanyan Wang<br/> ABSTRACT: Firms can report comprehensive income in either an income-statement-like performance statement or the statement of equity. Traditional theories of contracting incentives cannot explain this reporting location choice that only affects where comprehensive income data appear, because the cont ... [The Accounting Review 85, 97 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/63/1&agg=rss Linda Smith Bamber, Kai Wai Hui, and P. Eric Yeung<br/> ABSTRACT: Nearly half of managers' forecasts of annual earnings per share (EPS) end in nickel intervals, whereas only about 20 percent of actual EPS end in nickel intervals. We provide evidence on the attributes, determinants, and consequences of this systematic wedge between managers' predictions a ... [The Accounting Review 85, 63 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/389/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, 389 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/385/1&agg=rss <br/> Abstract not available. [The Accounting Review 85, 385 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/381/1&agg=rss Stephen A. Zeff<br/> Abstract not available. [The Accounting Review 85, 381 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/343/1&agg=rss Mina Pizzini<br/> ABSTRACT: This study investigates factors influencing the use of group-based compensation in professional service partnerships and the relation between group-based compensation and performance. I use data on 11,971 physicians in 935 medical groups to expand the extant literature on group incentives ... [The Accounting Review 85, 343 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/315/1&agg=rss John McInnis<br/> ABSTRACT: Despite a belief among corporate executives that smooth earnings paths lead to a lower cost of equity capital, I find no relation between earnings smoothness and average stock returns over the last 30 years. In other words, owners of firms with volatile earnings are not compensated with hi ... [The Accounting Review 85, 315 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/31/1&agg=rss Christopher S. Armstrong, Mary E. Barth, Alan D. Jagolinzer, and Edward J. Riedl<br/> ABSTRACT: This study examines European stock market reactions to 16 events associated with the adoption of International Financial Reporting Standards (IFRS) in Europe. European IFRS adoption represented a major milestone toward financial reporting convergence yet spurred controversy reaching the hi ... [The Accounting Review 85, 31 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/287/1&agg=rss Andrew J. Leone and Michelle Liu<br/> ABSTRACT: This study tests the hypothesis that founder CEOs are less likely to be fired than non-founder CEOs when accounting irregularities are disclosed. We also examine whether CFOs are more likely to shoulder the blame when the CEO is a founder. Using a sample of 96 newly public firms with accou ... [The Accounting Review 85, 287 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/261/1&agg=rss Volker Laux and D. Paul Newman<br/> ABSTRACT: The accounting profession has raised concerns that excessive liability exposure renders audit firms unwilling to provide audit services to risky clients, limiting the prospective clients' ability to raise external capital. We address this concern in a model in which the auditor evaluates t ... [The Accounting Review 85, 261 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/227/1&agg=rss Sok-Hyon Kang and Yuping Zhao<br/> ABSTRACT: Funds from Operations (FFO) is the prevailing performance measure in the Real Estate Investment Trust (REIT) industry. However, prior studies are inconclusive about the superiority of FFO over GAAP net income. Because depreciation is the largest reconciling item between FFO and net income, ... [The Accounting Review 85, 227 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/195/1&agg=rss Dan Givoly, Carla K. Hayn, and Sharon P. Katz<br/> ABSTRACT: We compare the quality of accounting numbers produced by two types of public firmsthose with publicly traded equity and those with privately held equity that are nonetheless considered public by virtue of having publicly traded debt. We develop and test two hypotheses. The demand hypothesi ... [The Accounting Review 85, 195 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/159/1&agg=rss Julia M. D'Souza, K. Ramesh, and Min Shen<br/> ABSTRACT: This study examines the interdependence between institutional ownership and the speed with which Standard & Poor's disseminates corporate accounting information. From the demand-side perspective, we find that quasi-indexers, who rely on corporate accounting information as a low-cost monito ... [The Accounting Review 85, 159 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/127/1&agg=rss Shimin Chen, Sunny Y. J. Sun, and Donghui Wu<br/> ABSTRACT: This study examines how the legal and regulatory changes in China affect the relationship between client economic importance and audit quality. At the individual auditor level, we find that the propensity to issue modified audit opinions (MAOs) is negatively correlated with client importan ... [The Accounting Review 85, 127 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/85/1/1&agg=rss Pingyang Gao<br/> ABSTRACT: One might expect that disclosure quality improves investor welfare by reducing cost of capital. This study shows that the argument is valid only in limited circumstances. Based on a production economy with perfect competition among investors, the analysis demonstrates three points. First, ... [The Accounting Review 85, 1 (2009)] published Wed Dec 23, 2009. http://link.aip.org/link/?TAR/84/i/1&agg=rss <br/> Abstract not available. [The Accounting Review 84, i (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/2095/1&agg=rss <br/> Abstract not available. [The Accounting Review 84, 2095 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/2081/1&agg=rss <br/> Abstract not available. [The Accounting Review 84, 2081 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/2077/1&agg=rss <br/> Abstract not available. [The Accounting Review 84, 2077 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/2047/1&agg=rss Steven J. Kachelmeier<br/> Abstract not available. [The Accounting Review 84, 2047 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/2039/1&agg=rss Stephen A. Zeff<br/> Abstract not available. [The Accounting Review 84, 2039 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/2013/1&agg=rss Christopher J. Wolfe, Elaine G. Mauldin, and Michelle Chandler Diaz<br/> ABSTRACT: In an internal control audit, the consequences and assessment subjectivity of control problems motivate managers to try to persuade auditors to lower the assessed severity of an observed control deviation. We report an experiment in which 106 audit seniors evaluate either information techn ... [The Accounting Review 84, 2013 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1983/1&agg=rss Alexander Nekrasov and Pervin K. Shroff<br/> ABSTRACT: We propose a methodology to incorporate risk measures based on economic fundamentals directly into the valuation model. Fundamentals-based risk adjustment in the residual income valuation model is captured by the covariance of ROE with market-wide factors. We demonstrate a method of estima ... [The Accounting Review 84, 1983 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1959/1&agg=rss Matthew J. Magilke, Brian W. Mayhew, and Joel E. Pike<br/> ABSTRACT: We use experimental markets to examine stock-based compensation's impact on the objectivity of participants serving as audit committee members.We compare audit committee member reporting objectivity under three regimes: no stock-based compensation, stock-based compensation linked to curren ... [The Accounting Review 84, 1959 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1933/1&agg=rss Tong Lu and Haresh Sapra<br/> ABSTRACT: We develop a theoretical framework to investigate (1) both the determinants and the consequences of auditor conservatism in a capital market setting and (2) the implications of Section 201 of the Sarbanes-Oxley Act for auditor conservatism and investment efficiency. We derive three primary ... [The Accounting Review 84, 1933 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1913/1&agg=rss Max Hewitt<br/> ABSTRACT: This study uses an experiment to examine (1) what factors give rise to investors' inability to fully incorporate operating cash flows and accruals into their earnings forecasts, and (2) what conditions help to improve investors' forecast accuracy when operating cash flows and accruals exhi ... [The Accounting Review 84, 1913 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1877/1&agg=rss Dan Givoly, Carla Hayn, and Reuven Lehavy<br/> ABSTRACT: This study examines properties of analysts' cash flow forecasts and compares them to those exhibited by analysts' earnings forecasts. Our results indicate that analysts' cash flow forecasts are less accurate than analysts' earnings forecasts and improve at a slower rate during the forecast ... [The Accounting Review 84, 1877 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1833/1&agg=rss Mei Feng, Jeffrey D. Gramlich, and Sanjay Gupta<br/> ABSTRACT: We investigate the use, determinants, and earnings effects of special purpose vehicles (SPVs). Based on a proxy of SPV activity that can be applied to a broad cross-section of firms over time, we find a two-and-a-half fold monotonic increase in the percentage of firms using at least one SP ... [The Accounting Review 84, 1833 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1805/1&agg=rss John Dickhaut and Baohua Xin<br/> ABSTRACT: Accounting and finance researchers show semi-strong form efficiency or lack thereof by using sequences of prices from Center for Research in Security Prices (CRSP) and Compustat data for which there is no model for how these prices arise from individual decisions. One needs a setting in wh ... [The Accounting Review 84, 1805 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1781/1&agg=rss Clara Xiaoling Chen<br/> ABSTRACT: This study examines the revenue implications of satisfaction measures in a setting with multiple stakeholders. I obtain a proprietary database from a leading health insurance company that measures satisfaction levels of multiple stakeholders, including: (1) clients that purchase insurance ... [The Accounting Review 84, 1781 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1749/1&agg=rss Dennis Campbell, Srikant M. Datar, and Tatiana Sandino<br/> ABSTRACT: Many companies operate units that are dispersed across different types of markets, serving significantly divergent customer bases. Such dispersion is likely to compromise headquarters' ability to control local managers' behavior and satisfy the needs of different customer types. In this st ... [The Accounting Review 84, 1749 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1713/1&agg=rss Anne Beyer<br/> ABSTRACT: I analyze a manager's optimal earnings forecasting strategy and optimal earnings management policy in a setting where both the mean and the variance of the distribution generating the firm's cash flows are unknown. The analysis shows that the equilibrium price of the firm is a function of ... [The Accounting Review 84, 1713 (2009)] published Fri Oct 23, 2009. http://link.aip.org/link/?TAR/84/1703/1&agg=rss John Dickhaut<br/> ABSTRACT: The evolved brain neuronally processed information on human interaction long before the development of formal accounting institutions. Could the neuronal processes represent the underpinnings of the accounting principles that exist today? This question is pursued several ways: first as an ... [The Accounting Review 84, 1703 (2009)] published Fri Oct 23, 2009.