accounting information reveals other managers' prior actions, however, can depend on its aggregation. This study provides theory …Managers in decentralized organizations often face incentives against cooperation. In these situations, accounting …-consistent experimental evidence of the effects of accounting information aggregation on managerial cooperation when managers face incentives …

find that an interim accounting report can discipline management's investment behavior and its effectiveness increases with … accounting quality. As a consequence, when accounting quality increases, the investment itself becomes a sufficiently credible … role by Gigler and Hemmer (1998) in that the value of accounting is off equilibrium. Specifically, it is the threat that …

TThere has been debate over the economic consequences of accounting conservatism in debt contracting. We contribute to … accounting, even though it may not improve contracting efficiency ex post. The empirical evidence of the negative correlation … between interest rates and conservative accounting may be explained by the heterogeneity among firms, such as riskiness …