I argue that external financial reporting quality has at best a 2nd order effect on firm value of U.S. publicly traded companies and that attempts to improve a firm's external reporting quality has a 3rd order effect on these firms' value. Recognizing that external financial reporting quality is...

This paper examines the approaches accounting researchers use to draw causal inferences using observational (or non-experimental) data. The vast majority of accounting research papers draw causal inferences notwithstanding the well-known difficulties in doing so. While some recent papers seek to...

This study contributes to contemporary research on changes in management accounting (MA) practices by examining the effect of changes in data quality, information quality and management accountants’ tasks on accounting efficiency and effectiveness, and indirectly on management accounting...

There is a significant body of literature on management accounting systems and their roles in organizations, based on a broad range of theories. An interesting setting for research is developing economies, because of the nature of changes characterizing their economical and accounting...

Two elements of corporate governance — the strength of ethical executive leadership and the internal audit function (IAF hereafter) — provide guidance to accounting managers making decisions involving uncertainty. We examine the joint effect of these two factors, manipulated at two levels...

This paper examines the association between conservatism and the value relevance of accounting information over the 1975 through 2004 period. We measure conservatism using approaches developed in Penman and Zhang, The Accounting Review 77:237–264, (2002) and Beaver and Ryan, Journal of...

Hypercompetitive businesses are increasingly requiring the need for more rapid and sophisticated information and data analysis. This challenges management accounting's role in effectively supporting the management decision making process. The emerging area of business analytics can potentially...

The objective of the research is to identify differences between two group of firms, fraud and non fraud firms. Fraud is of particular interest here because the implication is massive, the effect to the company, staff and creditors. The research intends to look at any differences with regard to...

The objective of this research is to investigate the fraud firms' characteristics in two ways; 3 years prior and after, the fraud occurrences. The characteristics comprise of the firms' audit committee size, audit committee independence, board's size, independent directors, block holders, cash...

Hopwood and other senior scholars have suggested that accounting scholarship has become stagnant and lacks the spirit of innovation that previously motivated the discipline. In this essay I build on these authors' assertions to address two questions. First, what causal forces account for this...