Beatty, Liao, and Wu (2013) document that financial misreporting by prominent firms distorts peer firms' capital investment decisions. Using a large sample of firms subject to SEC and DOJ enforcement actions for accounting misstatements, I establish three important generalizations. First, the...

The beginning of the third millennium has witnessed massive debate about the role of financial statement in decision making and their responsibilities in the concussions faced global company, however after each hit to major companies we note or see that the fingers are pointed either by covert...

Framed in the decision to restate financial statements, this study addresses whether behavior predicted by competing theories depends on the complexity of evidence. Two experiments observe the information-search behavior of auditors responsible to investigate their firm's prior opinion....

The main goal of the paper was to explore the attitude of business owners and managers in the small and medium sized companies (SMEs) in Croatia toward financial decision-making and strategic planning. In addition, it is attempted to identify managers' styles and entrepreneurial skills, as well...