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Accounting Review: 20021001

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1. Weber, Elke U., Jonathan Baron, and Graham Loomes, Conflict and Trade-offs...
(Cambridge, U.K.: Cambridge University Press, 201, 374 pp.) This book is part of a series of books on judgment and decision making. Conflict and Tradeoffs ...
(PERIODICAL ARTICLE)
2. Mulford, Charles W., and Eugene E. Cominsky, The Financial Numbers Game:...
(New York, NY: John Wiley & Sons, Inc., 2002, 395 pp.) In their new book, The Financial Numbers Game: Detecting Creative Accounting Practices, Charles Mulford ...
(PERIODICAL ARTICLE)
3. Federal tax legislation as an implicit contracting cost benchmark: the...
I. INTRODUCTION In 1993, Congress passed legislation that restricted firms' ability to deduct (for tax purposes) "excessive" executive compensation, defined as nonperformance-based compensation of more ...
(PERIODICAL ARTICLE)
4. The valuation implications of employee stock option accounting for...
I. INTRODUCTION Employee stock options (ESOs) comprise a sizable portion of executive compensation (Hall 2000, 121; Business Week 2002), but financial statement preparers, financial statement ...
(PERIODICAL ARTICLE)
5. The relation between cost shifting and segment profitability in the...
I. INTRODUCTION In the mid-1980s, the General Accounting Office confirmed that defense contractors earned a higher return on assets (ROA) on their defense work than ...
(PERIODICAL ARTICLE)
6. The effect of shareholder-level dividend taxes on stock prices: evidence...
I. INTRODUCTION The effect of shareholder-level taxes on stock prices is a fundamental issue for both tax policy and stock valuation. Shareholder-level taxes may affect ...
(PERIODICAL ARTICLE)
7. How informative are value-at-risk disclosures?
I. INTRODUCTION Value at Risk (VAR) has become a standard benchmark for measuring financial risk. The Group of Thirty (1993) report on derivatives stated that ...
(PERIODICAL ARTICLE)
8. Assessing investor response to information events using return and volume...
I. INTRODUCTION Empiricists interested in testing whether accounting disclosures convey incremental new information to the market typically use return-based event-study designs, which Beaver (1968) introduced ...
(PERIODICAL ARTICLE)
9. The role of accounting conservatism in mitigating bondholder-shareholder...
I. INTRODUCTION Watts (1993) suggests that conservatism likely evolved from the contracting role of accounting. (1) He argues that accounting conservatism helps avoid inappropriate distributions ...
(PERIODICAL ARTICLE)
10. Using budgets for performance evaluation: effects of resource allocation...
I. INTRODUCTION Traditional budget-based compensation plans provide economic incentives for subordinate managers to misrepresent (understate) their productivity and build slack into budgets (Horngren et al.
(PERIODICAL ARTICLE)
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