Accounting Research System (NAARS). Each of these firms implemented an ESOP between January 1972 and December 1986. Market return …

. & Tickell, A. (2001). 'Emergent frameworks in global finance: accounting standards and German supplementary pensions', Economic …Adoption of international and U.S. financial accounting standards by leading German corporations presages a new era in … paper, we first introduce financial accounting standards boards, the evolution of U.S. pension accounting standards since …

Committee in charge: Steven Matsunaga, Chairperson, Accounting;Angela Davis, Member, Accounting;David Guenther, Member …, Accounting;Jeremy Piger, Outside Member, Economics …

A primary focus of empirical earnings research is whether accounting earnings contain meaningful and timely information … that can be used by market participants to value securities. Empirically, accounting earnings numbers are considered to be …

highly critical of accounting methods at Fannie Mae, the government-sponsored enterprise that plays a leading role in the … secondary mortgage market. OFHEO charged Fannie Mae with not following generally accepted accounting practices in two critical … areas: (1) amortization of discounts, premiums, and fees involved in the purchase of home mortgages and (2) accounting for …

creative, but legitimate, accounting techniques to enhance their reported profits. This article identifies the principal … techniques used and assesses, in the context of the efficient markets hypothesis, whether manipulation of accounting information …

This paper investigates whether mandatory changes in Generally Accepted Accounting Principles (GAAP) affect investment … that changes in accounting rules affect investment decisions. I then examine two mechanisms through which changes in GAAP …) covenant slack. This paper contributes to the literature on the real effects of accounting by showing that accounting rules …