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Audit subordinates typically work with multiple supervisors who are likely to vary in their level of coaching quality (CQ). While prior research suggests a low CQ supervisor could negatively affect a subordinate's work attitudes, theory indicates that the presence of other positive coaching...
Persistent link: https://www.econbiz.de/10012847873
We construct preferences towards risk and uncertainty as reflected in the cultural heritage of CEOs managing public firms in the U.S. We demonstrate that auditors take into account cultural traits of CEOs in the pricing of their audit services. We also show CEO cultural heritage is associated...
Persistent link: https://www.econbiz.de/10013298719
bonus compensation and the independence of outside directors and auditors in mitigating potential bonus …-increasing accounting choices by managers. In line with prior research, auditor independence is proxied by the amount of non-audit service … fees received, whereas outside director independence is captured by whether outside directors receive earnings …
Persistent link: https://www.econbiz.de/10013149997
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Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical test developed by Courty and Marschke (2008) to detect whether the widely used class of Residual Income based...
Persistent link: https://www.econbiz.de/10010350010
Purpose – The purpose of this paper is to examine the association between earnings management and the gender of the firm's executives.Design/methodology/approach – Panel regressions of discretionary accruals on a set of female executive dummies and firm-specific controls.Findings – The...
Persistent link: https://www.econbiz.de/10013131461
In the wake of the recent financial crisis, US executive compensation has, once again, come under fire from regulators, politicians, the financial press, the general public, and some academics. Although the critiques are varied, many identify the level of pay and performance-based incentives as...
Persistent link: https://www.econbiz.de/10013133952
The credit crisis of 2008 placed compensation practices at publicly traded firms in the United States under scrutiny. This case examines perceived excessive pay and severance packages at several firms implicated in the credit crisis of 2008, the executive compensation provisions in the Emergency...
Persistent link: https://www.econbiz.de/10013134500
Our study investigates, using both theoretical and archival empirical methods, the role of CEO career concerns as a determinant of earnings management behavior. The significance of earnings management in market economies is well documented. Our investigations are motivated by the disconnect...
Persistent link: https://www.econbiz.de/10013135640