... agenda intangibles pensions private company council PCC cash flow I began my career as a buy-side financial analyst in 1985, when financial statements were still printed only on paper and faxes were state-of-the-art “instant communication.” Earnings calls didn't exist, and newswire services...

...Kevin T. Rich; Jean X. Zhang SYNOPSIS We examine whether unfunded public pension liabilities are associated with citizen oversight through legislative and electoral means in local governments. Our focus on municipal pension plans is timely and relevant, given the prevalence of underfunded pension...

...Mark P. Bauman; Kenneth W. Shaw SYNOPSIS Accounting for defined-benefit pension plans is complex, and reported financial statement amounts are significantly impacted by a myriad of assumptions. In its interpretative release FR-72 ( SEC 2003 ), the SEC called for more informative and transparent...

...Brian Adams; Mary Margaret Frank; Tod Perry SYNOPSIS Using a sample of firms over the period of 1991 through 2005, we examine the opportunity that exists for firms to inflate earnings through the expected rate of return (ERR) assumption associated with defined benefit pension plans. The evidence...