The literature to date on the valuation relevance of Ramp;D investments is based primarily on (pooled and annual) cross-sectional regressions or panel data regressions with time and firm (or industry) fixed effects in which the parameters relating Ramp;D to market value are cross-sectionally...

The Enron-Andersen debacle provides a unique opportunity to investigate whether equity prices impound auditor reputation. Univariate and regression results indicate that event day abnormal returns and two-day cumulative abnormal returns are generally not significantly different from zero for...

The Ohlson (1995) model assumes that abnormal earnings follow an AR(1) process primarily for reasons of mathematical tractability. However, the empirical literature on the Garman and Ohlson (1980) model finds that the data support an AR(2) lag structure for earnings, book values and dividends....

This study empirically investigates the incentive-action-performance chain on cross-sectional plant data in the context of a Just-in-time (JIT) plant manufacturing environment. Incentives in this study are of the soft goal-oriented variety rather than direct compensation. The empirical analysis...

The management accounting and operations management literatures argue that the adoption of advanced manufacturing practices, such as JIT, necessitates complementary changes in the firm's Management Accounting and Control Systems. This study uses a sample of JIT and non-JIT plants operating in...

This study investigates whether culture in general and religion in particular mitigate earnings management. Using a cross-country data set, empirical tests based on rank regressions indicate that earnings management is unrelated to both religious affiliation and the degree of religiosity. In...