Financial reporting quality and peer group selection

Management Accounting Research - Tập 47 - Trang 100675 - 2020
Bart Dierynck1, Arnt Verriest2
1Tilburg University, Department of Accountancy, the Netherlands
2EDHEC Business School, France

Tài liệu tham khảo

Albuquerque, 2013, Peer choice in CEO compensation, J. financ. econ., 108, 160, 10.1016/j.jfineco.2012.10.002 Ayers, 2011, Hometown advantage: the effect of monitoring institution location on financial reporting discretion, J. Acc. Econ., 52, 41, 10.1016/j.jacceco.2011.03.003 Azar, 2016, Can changes in the cost of carry explain the dynamics of corporate “cash” holdings?, Rev. Financ. Stud., 29, 2194, 10.1093/rfs/hhw021 Ball, 2008, The debt-contracting value of accounting information and loan syndicate structure, J. Acc. Res., 46, 247, 10.1111/j.1475-679X.2008.00273.x Ball, 2018 Bhattacharya, 2012, Direct and mediated associations among earnings quality, information asymmetry, and the cost of equity, Acc. Rev., 87, 449, 10.2308/accr-10200 Bhattacharya, 2013, Does earnings quality affect information asymmetry? Evidence from trading costs, Contemp. Acc. Res., 30, 482, 10.1111/j.1911-3846.2012.01161.x Biddle, 2009, How does financial reporting quality relate to investment efficiency, J. Acc. Econ., 48, 112, 10.1016/j.jacceco.2009.09.001 Bizjak, 2011, Are all CEOs above average? An empirical analysis of compensation peer groups and pay design, J. financ. econ., 100, 538, 10.1016/j.jfineco.2011.02.007 Bharath, 2008, Accounting quality and debt contracting, Acc. Rev., 83, 1, 10.2308/accr.2008.83.1.1 Bushman, 2001, Financial accounting information and corporate governance, J. Acc. Econ., 32, 237, 10.1016/S0165-4101(01)00027-1 Butler, 2008, Distance still matters: evidence from municipal bond underwriting, Rev. Financ. Stud., 21, 763, 10.1093/rfs/hhn002 Byard, 2011, The effect of mandatory IFRS adoption on financial analysts’ information environment, J. Acc. Res., 49, 69, 10.1111/j.1475-679X.2010.00390.x Cadman, 2014, Compensation peer groups and their relation with CEO pay, J. Manage. Acc. Res., 26, 57, 10.2308/jmar-50598 Cao, 2012, Does company reputation matter for financial reporting quality? Evidence from restatements, Contemp. Acc. Res., 29, 956, 10.1111/j.1911-3846.2011.01137.x Costello, 2011, The impact of financial reporting quality on debt contracting: evidence from internal control weakness reports, J. Acc. Res., 49, 97, 10.1111/j.1475-679X.2010.00388.x Costello, 2013, Mitigating incentive conflicts in inter-firm relationships: evidence from long-term supply contracts, J. Acc. Econ., 56, 19, 10.1016/j.jacceco.2013.02.001 Coval, 1999, Home bias at home: local equity preference in domestic portfolios, J. Financ., 54, 2045, 10.1111/0022-1082.00181 Dechow, 1995, Detecting earnings management, Acc. Rev., 70, 193 Dechow, 2002, The quality of accruals and earnings: the role of accrual estimation error, Acc. Rev., 77, 35, 10.2308/accr.2002.77.s-1.35 Dechow, 2010, Understanding earnings quality: a review of the proxies, their determinants, and their consequences, J. Acc. Econ., 50, 344, 10.1016/j.jacceco.2010.09.001 Dechow, 2011, Predicting material accounting misstatements, Contemp. Acc. Res., 28, 17, 10.1111/j.1911-3846.2010.01041.x Faulkender, 2010, Inside the black box: the role and composition of compensation peer groups, J. financ. econ., 96, 257, 10.1016/j.jfineco.2010.01.006 Faulkender, 2013, Is disclosure an effective cleansing mechanism? The dynamics of compensation peer benchmarking, Rev. Financ. Stud., 26, 806, 10.1093/rfs/hhs115 Fich, 2007, Financial fraud, director reputation, and shareholder wealth, J. financ. econ., 86, 306, 10.1016/j.jfineco.2006.05.012 Francis, 1999, Accounting accruals and auditor reporting conservatism, Contemp. Acc. Res., 16, 135, 10.1111/j.1911-3846.1999.tb00577.x Francis, 2005, The market pricing of accruals quality, J. Acc. Econ., 39, 295, 10.1016/j.jacceco.2004.06.003 Francis, 2008, CEO reputation and earnings quality, Contemp. Acc. Res., 25, 109, 10.1506/car.25.1.4 Gong, 2011, Relative performance evaluation and related peer groups in executive compensation contracts, Acc. Rev., 86, 1007, 10.2308/accr.00000042 Healy, 2001, Information asymmetry, corporate disclosure, and the capital markets: a review of the empirical disclosure literature, J. Acc. Econ., 31, 405, 10.1016/S0165-4101(01)00018-0 Larcker, 2007, Corporate governance, accounting outcomes, and organizational performance, Acc. Rev., 82, 963, 10.2308/accr.2007.82.4.963 Lang, 1996, Corporate disclosure policy and analyst behavior, Acc. Rev., 71, 467 Lang, 2011, Transparency and liquidity uncertainty in crisis periods, J. Acc. Econ., 52, 101, 10.1016/j.jacceco.2011.07.001 Leuz, 2000, Economic consequences of increased disclosure, J. Acc. Res., 38, 91, 10.2307/2672910 Lorsch, 1989 Lobo, 2018, Accounting comparability and relative performance evaluation in CEO compensation, Rev. Acc. Stud., 23, 1137, 10.1007/s11142-018-9447-1 Mas-Colell, 1995 Murphy, 2010, Executive pay and “independent” compensation consultants, J. Acc. Econ., 49, 247, 10.1016/j.jacceco.2009.12.001 Petersen, 2002, Does distance still matter? The information revolution in small business lending, J. Financ., 57, 2533, 10.1111/1540-6261.00505 Opler, 1999, The determinants and implications of corporate cash holdings, J. financ. econ., 52, 3, 10.1016/S0304-405X(99)00003-3 Pae, 2002, Optimal disclosure policy in oligopoly markets, J. Acc. Res., 40, 901, 10.1111/1475-679X.00076 Rozenbaum, 2018, EBITDA and managers’ investment and leverage choices, Contemp. Acc. Res. Samuelson, 1938, A note on the pure theory of consumer’s behavior, Economica, 5, 61, 10.2307/2548836 Simmonds, 1986, The accounting assessment of competitive position, Eur. J. Marketing., 20, 16, 10.1108/EUM0000000004626 Srinivasan, 2005, Consequences of financial reporting failure for outside directors: evidence from accounting restatements and audit committee members, J. Acc. Res., 43, 291, 10.1111/j.1475-679x.2005.00172.x Stein, 2002, Information production and capital allocation: decentralized versus hierarchical firms, J. Financ., 57, 1891, 10.1111/0022-1082.00483 Teoh, 1993, Perceived auditor quality and the earnings response coefficient, Acc. Rev., 68, 346 Verrecchia, 2001, Essays on disclosure, J. Acc. Econ., 31, 97, 10.1016/S0165-4101(01)00025-8