extent does it affect the benefits and barriers involved in the process approach implementation? It has been observed that … implementation of the quality system does not automatically guarantee any external benefits resulting from the process orientation …

We study the sustainability of pension systems using a life-cycle model with distortionary taxation that sets an upper … welfare of a number of policies often advocated to improve the sustainability of pension systems. New tax data on dynamic …

in U.S. companies. This paper shows the tax implications and accounting rules for stock option plans. By comparison of … the tax and accounting rules for different compensation schemes we show that the popularity of stock options may be mainly … due to the U.S. Generally Accepted Accounting Principles (US-GAAP) which require no charge to earnings for speciffically …

This paper examines the effect of accounting conservatism on firm-level investment during the 2007-2008 global … debt raising activity and stock performance. The evidence suggests that accounting conservatism reduces underinvestment in …

In this study, I examine whether firms and executives with long-term political connections through contributions and … are prosecuted by the SEC. Contributions to politicians in a strong position to put pressure on the SEC are more effective …

planning strategy. We also find that financial accounting incentives play a role. For example, 84% of publicly traded firms …

benefits of accommodating the demands of their stakeholders who may rely more on cash flows or have direct access to management …-quality accounting. Using a large sample of U.S. private firms, we first confirm that accrual quality in private firms is associated with …