In this paper, we examine the controversy surrounding the Xilinx case and the question as to whether stock option costs are appropriately included in cost sharing agreements. Although the revised Ninth Circuit decision now affirms the findings of the Tax Court that stock options should not be...

Concerns about the homogenization of accounting research have been expressed over an extended period of time, especially in the U.S. context. Numerous researchers have documented the homogeneity problem and examined the factors that have contributed to research homogeneity. One weakness in the...

We examine whether New Zealand firms changed the composition of their boards of directors due to the 1994 enactment of the new Companies Act. We explore two possible effects. First, outside directors may have been more attractive, and firms may have used more outside directors after the new...