How Board Monitoring and Mandated Clawbacks Shape Managers’ Use of Discretion: Experimental Evidence Available to Purchase

We are grateful for helpful comments from workshop participants at Bentley University, Case Western Reserve University, Cornell University, Indiana University Bloomington, London Business School, Nanyang Technological University, University of Bern, University of Illinois Urbana-Champaign, University of Massachusetts Amherst, and The University of Melbourne. We also thank conference participants at the 2017 Accounting Behavior and Organizations Research Conference, the 2018 Palmetto Symposium on Experimental Accounting Research, and the 2018 American Accounting Association Annual Meeting. The authors of this paper have no conflicts of interest related to this research.

Jeffrey Hales, The University of Texas at Austin, McCombs School of Business, Department of Accounting, Austin, TX, USA; Balaji Koka, Rice University, Jones Graduate School of Business, Department of Strategy and Environment, Houston, TX, USA; Shankar Venkataraman, Bentley University, Department of Accounting, Waltham, MA, USA.

Editor’s note: Accepted by Jongwoon Choi, under the Senior Editorship of Michal Matějka.