...Suzie Noh; Eric C. So; Christina Zhu ABSTRACT We show that financial reporting influences consumer behavior by drawing consumer attention to announcing firms. Analyzing global positioning system (GPS) data, we document upticks in foot traffic to firms’ commercial locations immediately following...

...Michael A. Mayberry; Hyun Jong Park; Wei Zhang ABSTRACT We examine how the shifting of legal liability between auditors and clients affects financial reporting quality. We exploit the state-level adoption and rejection of a common law doctrine, the Audit Interference Rule (AIR), which shifts legal...

...Jonas Heese; Gerardo Pérez-Cavazos; Caspar David Peter ABSTRACT We study the effect of executives’ pledges of integrity on firms’ financial reporting outcomes by exploiting a 2016 regulation that requires holders of Dutch professional accounting degrees to pledge an integrity oath. We identify...

...Thomas R. Kubick; Yijun Li ABSTRACT We identify executives who have experienced significant accounting-related adverse events during their careers as a powerful setting to examine the extent to which prior professional experience can influence subsequent financial reporting policies. We find...

..., The University of Chicago, Booth School of Business, Chicago, IL, USA. Editor’s note: Accepted by Joseph P. Weber. 22 08 2019 14 04 2022 21 04 2022 2023 capital markets equity valuation financial reporting value relevance new economy classification and regression trees...

... Basel III to understand how firms respond to proposed regulation. We find evidence to suggest that affected banks not only lobbied rule-makers against it but also made strategic financial reporting changes and altered their business models in ways that reduced their exposure to the proposed rule prior...

...; George A. Plesko, Accounting Department, Storrs, CT, USA. Editor's note: Accepted by Brad A. Badertscher, under the Senior Editorship of Mary E. Barth. 1 2 2020 1 3 2022 2022 taxable income tax policy forecasting financial reporting We appreciate helpful...

... to conduct the studies. Donald Young, Indiana University, Kelley School of Business, Department of Accounting, Bloomington, IN, USA. Editor's note: Accepted by Mark E. Peecher, under the Senior Editorship of Mark L. DeFond. 1 9 2015 1 8 2020 2021 financial reporting...

... University, Poole College of Management, Raleigh, NC, USA. Editor's note: Accepted by Venky Nagar, under the Senior Editorship of Mary E. Barth. 1 6 2017 1 2 2020 2021 corruption financial reporting auditing Political corruption—the abuse of public office for private...

.... This paper is a finalist for the American Accounting Association 2016 FARS Midyear Meeting Best Paper Award. Earlier drafts of this paper were entitled “Real effects of financial reporting quality and credibility: Evidence from the PCAOB regulatory regime” and “Does auditor regulatory oversight affect...

...Helena Isidro; Dhananjay (DJ) Nanda; Peter D. Wysocki ABSTRACT We provide new evidence on the codependence among the many country attributes previously linked to financial reporting quality. First, we show that the synchronicity of 21 changing country attributes spikes surrounding...

... on regulator identification of firm cooperation, and comprehensive, in that it accounts for all actions deemed cooperative by regulators. cooperation fraud penalties financial reporting Securities and Exchange Commission Our sample includes the population of 1,162 enforcement actions initiated...

.... DeFond. September 2015 October 2017 2018 information asymmetry voluntary disclosure accounting financial reporting public information private information asset pricing The strategic communication between firms and investors in capital markets through corporate...

... of Houston for insightful feedback. Editor's note: Accepted by Phillip C. Stocken. January 2013 March 2015 2016 cheap talk disclosure verification financial reporting The coexistence of hard and soft information is a fundamental characteristic of the measurement...

... in the study with the exception of the bond data from Lehman Brothers, which is a proprietary dataset. 2013 short interest credit ratings bond yield spreads financial reporting The authors thank Bryan Cloyd, Bowie Hanson, Jack Maher, two...