Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Essays In Financial Accounting
Download Essays In Financial Accounting full books in PDF, epub, and Kindle. Read online Essays In Financial Accounting ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Essays in financial accounting by : Tao Jiao
Download or read book Essays in financial accounting written by Tao Jiao and published by . This book was released on 2009 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation aims to contribute to the literature about the quality of accounting information by investigating its interaction with institutional factors (i.e., their external environment) in which firms operate, such as industry and stock exchange. The research topics of this dissertation include the motivation of earnings management (chapter 2), the consequence of accounting frauds on the failure rate of IPO firms (chapter 3) and the effectiveness of actions taken by standard setters to improve the quality of accounting information (Chapter 4). Chapter 2 focuses on firms’ industry environment and investigates whether industry valuation impacts management's decision to manage earnings. Chapter 3 has been devoted to examine the consequence of large scale earnings management or accounting scandals on the firm's external environment. Chapter 4 examines whether the uniform adoption of IFRS by EU countries in 2005 improves the quality of accounting information by investigating the changes in the quality of analyst forecasts.
Book Synopsis Essays in Financial Accounting by : Yifang Xie (Professor of accounting)
Download or read book Essays in Financial Accounting written by Yifang Xie (Professor of accounting) and published by . This book was released on 2020 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is comprised of two empirical essays that examine how different economic forces impact the collection and processing of information. The first essay is motivated by a disclosure theory that suggests a negative impact of disclosure regulation on managers' information acquisition. When the regulator requires a disclosure of unfavorable information, firm managers might reduce information collection to avoid the mandatory disclosure (e. g. , Matthews and Postlewaite 1985; Shavell 1994; Polinsky and Shavell 2010). This theory lacks empirical evidence due to the difficulty in measuring managers' information collection behaviors. I overcome this challenge by investigating a 2007 regulation change that requires pharmaceutical firms to disclose newly found safety problems on their product labels. Using a difference-in-difference research design, I find that firms collect less new safety information in the post-regulation period. My study highlights one unintended negative consequence of disclosure regulation: mandatory disclosure might reduce managers' information production. The second essay is joint work with Zachary Kaplan and Xiumn Martin. We examine whether firm managers selectively convey information to Thomson Reuters I/B/E/S, to influence the generating process of the EPS consensus. We find that short-horizon optimistic forecasts are more likely to be removed from the I/B/E/S consensus calculation, after controlling for removal policies that I/B/E/S developed. This higher likelihood of removing optimistic forecasts is more pronounced when (i) the removals allows managers to meet or beat the I/B/E/S consensus, (ii) when managers have greater ability to influence I/B/E/S, and (iii) when costs of alternative options to achieve the meet-or-beat objective are higher. We also find that discretionary removals improve consensus accuracy, suggesting that I/B/E/S benefits from accepting the influence of firm managers. Collectively, our findings challenge the conventional view that I/B/E/S mechanically aggregates EPS forecasts from Wall Street analysts, and also yield insights into I/B/E/S's information production process.
Book Synopsis Accounting Essays by : Thomas Heaton Spitters
Download or read book Accounting Essays written by Thomas Heaton Spitters and published by Lulu.com. This book was released on 2011-03-31 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thorough retrospective guide to financial accounting changes related to Sarbanes - Oxley and corresponding legislation.
Book Synopsis Essays in Financial Economics by : Rita Biswas
Download or read book Essays in Financial Economics written by Rita Biswas and published by Emerald Group Publishing. This book was released on 2019-10-24 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, dedicated to John W. Kensinger, explores a variety of topics in financial economics, including firm growth, investment risks, and the profitability of the banking industry. With its global perspective, Essays in Financial Economics is a valuable addition to the bookshelf of any researcher in finance.
Download or read book Essays in Financial Accounting written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Accounting and Equity Markets by : Philip Ronald Brown
Download or read book Financial Accounting and Equity Markets written by Philip Ronald Brown and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philip Brown is one of the most admired and respected accounting academics alive today. He was a pioneer in capital markets research in accounting, and his 1968 article, co-authored with Ray Ball, "An Empirical Evaluation of Accounting Income Numbers," arguably had a greater impact on the course of accounting research, directly and indirectly, than any other article during the second half of the twentieth century. Since that time, his innovative research has focused on issues that bridge accounting and finance, including the relationships between net profit reports and the stock market, the long-run performance of acquiring firms, statutory sanctions and voluntary corporate disclosure, and the politics and future of national accounting standards to name a few. This volume brings together the greatest hits of Brown's career, including several articles that were published in out-of-the-way places, for easier use by students and researchers in the field. With a foreword written by Stephen A. Zeff, and an introduction that discusses the evolution of Brown's research interests and explains the context for each of the essays included in the volume, this book offers the reader a unique look inside this remarkable 50-year career.
Book Synopsis Financial Accounting and Equity Markets by : Philip Brown
Download or read book Financial Accounting and Equity Markets written by Philip Brown and published by Routledge. This book was released on 2013-06-19 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philip Brown is one of the most admired and respected accounting academics alive today. He was a pioneer in capital markets research in accounting, and his 1968 article, co-authored with Ray Ball, "An Empirical Evaluation of Accounting Income Numbers," arguably had a greater impact on the course of accounting research, directly and indirectly, than any other article during the second half of the twentieth century. Since that time, his innovative research has focused on issues that bridge accounting and finance, including the relationships between net profit reports and the stock market, the long-run performance of acquiring firms, statutory sanctions and voluntary corporate disclosure, and the politics and future of national accounting standards to name a few. This volume brings together the greatest hits of Brown’s career, including several articles that were published in out-of-the-way places, for easier use by students and researchers in the field. With a foreword written by Stephen A. Zeff, and an introduction that discusses the evolution of Brown’s research interests and explains the context for each of the essays included in the volume, this book offers the reader a unique look inside this remarkable 50-year career.
Book Synopsis Essays in Financial Accounting and Corporate Governance by : Jun Chen
Download or read book Essays in Financial Accounting and Corporate Governance written by Jun Chen and published by . This book was released on 2022 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation comprises three papers examining several questions in finance and accounting. A common thread is investigating the strategic interactions between public firms and stock market investors. Chapter 1 studies how investors with short-term horizons can impact firms' behaviors. Chapters 2 and 3 examine the impact of corporate disclosure and the market pricing of information. In Chapter 1, I use the unique features of the margin trading system in China to identify the causal impact of transient investors on managerial myopia. Specifically, I employ a regression discontinuity design that exploits the ranking procedure that determines a stock's margin trading eligibility. I find that margin traders are extremely short-term oriented and cause a sharp increase in stock share turnover. Moreover, marginable firms cater to these transient investors by manipulating current earnings and reducing long-term investments. Consistent with managerial myopia, these firms experience a short-term price increase but a long-term decline in operating performance. Chapter 2 is joint work with John Hughes, Jun Liu, and Dan Yang. We reexamine the relation between disclosure indices and cost of equity capital employing an empirical specification similar to that of (botosan97) for a substantially larger sample over an extended time frame made possible by textual analysis. Our results provide no support for a hypothesis of a negative relation between disclosure indices and implied cost of equity capital. Rather, consistent with a bias of implied cost of equity capital as a proxy for expected return depicted by (Hughes2009) we find strong evidence of a positive relation. Chapter 3 is joint work with Yibin Liu. We exploit an earnings-based delisting policy and examine its adverse effect on investor trust in earnings news. Besides providing prominent visual evidence of large-scale earnings management at the required earnings threshold, we find that firms close to this threshold are trusted less by investors, regardless of whether they have manipulated earnings. Moreover, we provide causal evidence by studying firms that approach this threshold due to a plausibly exogenous profitability shock. Our results suggest that earnings-based regulations with harsh punishment may lead to a decline in investor trust.
Book Synopsis Three Essays in Financial Accounting by : Ming Fang
Download or read book Three Essays in Financial Accounting written by Ming Fang and published by . This book was released on 2015 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Empirical Financial Accounting by : Felix Franz Georg Urban
Download or read book Essays in Empirical Financial Accounting written by Felix Franz Georg Urban and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Financial Accounting and Auditing by : Ibrhaim Siraj
Download or read book Three Essays in Financial Accounting and Auditing written by Ibrhaim Siraj and published by . This book was released on 2018 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Financial Accounting by : Sunyoung Kim
Download or read book Three Essays on Financial Accounting written by Sunyoung Kim and published by . This book was released on 2008 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Financial Accounting Standard Setting by : Abigail McIntosh Allen
Download or read book Essays in Financial Accounting Standard Setting written by Abigail McIntosh Allen and published by . This book was released on 2013 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third essay, written with Karthik Ramanna, investigates the effect of standard setters in standard setting. We examine how certain professional and political characteristics of FASB members and SEC commissioners predict the accounting "reliability" and "relevance" of proposed standards. Notably, we find FASB members with backgrounds in financial services to be more likely to propose standards that decrease "reliability" and increase "relevance," partly due to their tendency to propose fair-value methods. We find opposite results for FASB members affiliated with the Democratic Party, although only when financial-services background is excluded as an independent variable.
Book Synopsis Accounting, Organizations, and Institutions by : Christopher S. Chapman
Download or read book Accounting, Organizations, and Institutions written by Christopher S. Chapman and published by Oxford University Press. This book was released on 2009-08-13 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brings together the work of leading international accounting academics and social scientists. Explores a range of intellectual traditions in accounting research, and their implications for the social sciences more widely.
Book Synopsis Essays in Empirical Financial Accounting by : Edward Michael Watts
Download or read book Essays in Empirical Financial Accounting written by Edward Michael Watts and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis studies several topical areas in empirical financial accounting. In the first chapter, I investigate whether investors are willing to trade off wealth for societal benefits. This chapter is co-authored with my co-advisor David F. Larcker and is forthcoming in the Journal of Accounting and Economics. In the second chapter, I examine how an increase in tick size affects algorithmic trading, fundamental information acquisition, and the price discovery process around earnings announcements. This chapter is co-authored with my co-advisor Charles M.C. Lee and is forthcoming in The Accounting Review. In the third chapter, I explore the growing market for startup employee equity using proprietary data from one of the largest of these marketplaces. This chapter is under revision for submission to a top accounting or finance journal.
Book Synopsis Three Essays on the Value Relevance of Financial Accounting by : Tom Fischer
Download or read book Three Essays on the Value Relevance of Financial Accounting written by Tom Fischer and published by . This book was released on 2021* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Financial Markets with Applications to Accounting by : Suresh Govindaraj
Download or read book Essays on Financial Markets with Applications to Accounting written by Suresh Govindaraj and published by . This book was released on 1990 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
