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原创 【无标题】

Michael Minnis | University of Chicago Booth School of Business, USA Andrew G. Sutherland | MIT Sloan School of Management, USA Felix W. Vetter | University of Mannheim, GermanyJournal of Accounting and Economics Received: March 2023; Accepted: July 2024Ab

原创 基层会计员工薪酬与财务报告质量

Christopher S. Armstrong | Stanford University Graduate School of Business, USA John D. Kepler | Stanford University Graduate School of Business, USA David F. Larcker | Stanford University Graduate School of Business, USA Shawn X. Shi | University of Washi

原创 行业特定会计准则对资本配置决策是否具有影响?

Peter Fiechter | Faculty of Economics and Business, University of Neuchatel, Switzerland Wayne R. Landsman | Kenan-Flagler Business School, University of North Carolina at Chapel Hill, USA Kenneth Peasnell | The Management School, Lancaster University, UK

原创 公司关于公开市场回购计划的自愿性信息披露

Leonce Bargeron | Gatton College of Business, University of Kentucky Alice Bonaimé | Eller College of Management, University of Arizona William Docimo | University of Connecticut School of Business Mei Feng | Katz Graduate School of Business, University of

原创 通过独立董事实现的公共监管

Xiaoxi Li | Department of Accounting, School of Management, Jinan University, China Pingui Rao | Department of Accounting, School of Management, Jinan University, China Yong George Yang | School of Accountancy, Chinese University of Hong Kong Heng Yue | Sc

原创 企业层面政治风险与银行贷款合同

Walid Saffar | School of Accounting and Finance, Hong Kong Polytechnic University Yang Wang | University of Sydney K. C. John Wei | School of Accounting and Finance, Hong Kong Polytechnic UniversityContemporary Accounting Research Received: April 2021; Acc

原创 财务报表充分性与企业管理层讨论与分析信息披露

Stephen V. Brown | University of Connecticut Lisa A. Hinson | Fisher School of Accounting, University of Florida Jennifer Wu Tucker | Fisher School of Accounting, University of FloridaContemproary Accounting Research Received: 12 July 2021; Accepted: 28 Oc

原创 Detecting Accounting Fraud in Publicly Traded U.S. Firms Using a Machine Learning Approach

在2003-2014年的测试期间，观察到的舞弊比例更是呈现出持续下降的趋势：2003-2005年间的平均舞弊比例为0.94%，2006-2008年间降至0.51%，2009-2011年间降至0.46%，到2012-2014年间更是降至0.21%。基于同一组理论驱动的原始会计数据，作者提出的新型财务舞弊预测模型显著优于两个基准模型：一是Dechow等人提出的基于财务比率的Logistic回归模型，二是Cecchini等人开发的支持向量机模型（该模型通过金融核函数将原始会计数据映射为更全面的比率指标）。

原创 Contract contingencies and uncertainty: Evidence from product market contracts

合同的预期重新谈判成本越高，不确定性与合同的或有条款存的正相关关系越强；第一个例子展示了Palatin Technologies（客户）与Catalent（供应商）之间合同的终止章节，第二个例子展示了Enphase Energy（客户）与Fujitsu Microelectronics America（供应商）之间合同的终止章节。这两个示例展示了合同终止条款在复杂程度上的差异：示例1包含多个条件性条款（"如果...则..."）和具体情况的详细规定，而示例2主要陈述直接的行动义务，没有复杂的条件设置。

原创 Executive compensation: The trend toward one-size-fits-all

本文报告和分析了高管薪酬计划结构中近期出现的同质化趋势。自2006年以来，不同公司的CEO薪酬各组成部分（包括工资、奖金、股票奖励、期权、非股权激励、养老金和福利）的分布差异降低了24%。这种统一性可能以牺牲最优激励为代价，因为薪酬结构的相似性增加导致股东价值降低。通过面板数据回归和外生冲击分析，本文发现机构投资者的影响力、代理顾问的建议以及监管对薪酬披露信息的扩大化是推动这种标准化的主要因素。这些发现突显了近期加强股东参与和扩大薪酬披露相关监管的一个意外后果。

原创 No news is bad news: local news intensity and firms’ information environments

本文研究了地方报纸对公司信息环境的影响。与地方新闻改善信息环境相一致，本文发现随着地方报纸覆盖密度的下降，波动性、差价和非流动性增加，这与公司在当地经济中的重要性有关。本文进一步发现，对于在社区中更为重要或有繁忙分析师的公司，较低的地方报纸密度与分析师准确度显著下降和预测分散度升高相关。这与地方报纸改善信息环境的观点相符，即使对于精明且可能远程的信息中介者也是如此。本文还研究了各利益相关者对地方新闻减少的反应，并发现管理者增加了前瞻性披露的数量，而分析师则增加了报道。

原创 Regulatory Transparency and Regulators’ Effort: Evidence from Public Release of the SEC’s Review Wor

原创 Board Gender Diversity and Investment Efficiency: Global Evidence from 83 Country-Level Intervention

原创 Differences in the value relevance of identifiable intangible assets

原创 Are earnings better than cash flows at predicting future cash flows? Evidence from apples‑to‑apples

原创 How Large Is the Pay Premium from Executive Incentive Compensation?

原创 Foreign media slant, foreign investors, and informativeness of earnings

摘要：尽管外国媒体在报道美国金融市场方面占据相当大的比例，但它们的特征和在这些金融市场中的作用尚未被深入探讨。该文利用一个新颖的、手动收集的数据集，涵盖了来自48个国家的1,126家媒体机构，探究了在报道美国公司盈利公告时，外国媒体和国内媒体的报道特性是否存在系统性差异。进一步研究表明，这种外国媒体报道的负面倾向在那些与美国在经济、政治和文化上距离较远的国家的媒体中更为明显。该文还发现，更多的外国媒体报道会放大股市对盈利新闻的反应，增加异常交易量，并减少公司与投资者之间的信息不对称。

原创 Relative Liability Exposure for Negligence and Financial Reporting Quality: Evidence from the Audit

原创 Determinants of Capital Structure: An Expanded Assessment

原创 Regulating Conglomerates: Evidence from an Energy Conservation Program in China

原创 The Decision-Usefulness of ASC 606 Revenue Disaggregation

原创 Experience with Non-GAAP Earnings and Investors’ Pricing of Exclusions

原创 The Big Three and board gender diversity: The effectiveness of shareholder voice

原创 Peer Effects and Disclosure Timing: Evidence from Earnings Announcements

原创 Properties of accounting performance measures used in compensation contracts

原创 Short-Sale Constraints and Corporate Investment

原创 How Do Firms Respond to Political Uncertainty? Evidence from U.S. Gubernatorial Elections

原创 The Effect of Patent Disclosure Quality on Innovation

原创 The importance of audit partners‘ risk tolerance to audit quality

原创 Disturbing the Quiet Life? Competition and CEO Incentives

原创 Are Book-Tax Differences Mispriced ?