We examine the impact of corporate risk-taking on firm-level real earnings management. We find that firms with higher risk-taking engage in higher real earnings management. Our results are robust to a series of robustness tests, including simultaneous least squares approach, firm fixed effect,...

Our study addresses whether integrated report quality, IRQ, is positively associated with greater price informativeness and the extent to which the greater price informativeness is diminished when firms have higher proprietary costs of disclosure. In integrated reports, firms integrate financial...

The National Audit Office of the People's Republic of China issued thirty eight auditing standards and guidelines on 1 January 1997. This was the culmination of a variable historical development during which audit activity was either emphasized or downplayed altogether. With the open door policy...

We experimentally investigate the combined effects of ego depletion, moral identity, and ethical interventions on managers’ financial reporting aggressiveness in the development of an accounting estimate. We find that decision makers with high moral identity become more aggressive later in the...

The focus of management schools should be on learning and teaching, with research as a useful byproduct. Focus on churning out publications intended largely to earn rewards or rents do not serve society well. Given the difficulty of assessing the value of research contributions to social science...

We advance a multistakeholder framework that highlights the influence of stakeholders in tempering short-termist responses to capital market pressures. When firms face pressure from short sellers in the capital market, they sometimes shift attention to short-term stock performance and neglect...

In his review of 30 years of research in Prospect Theory, Barberis (2013) notes that support for Prospect Theory had come mainly from the laboratory. In this paper, I write about a recurring phenomenon in real life that is consistent with Prospect Theory predictions in decision-making loss...

This paper attempts to explain how corporate governance, especially in the context of the agency problem, can be efficiently solved by internal control and external force. Internal control mainly focuses on the audit community and board of directors while the external force consists of law...

In today's corporate world, board diversity is a much talked-about topic and gender diversity is an important aspect of board diversity.The purpose of the current study is to examine whether the existence of gender diversity affects the financial performance of commercial banks in Bangladesh....

Management relies upon the results of performance evaluation to assess achievements and to formulate strategies. Traditional approach of evaluations focuses mainly on the financial achievements. This paper argues that companies need to use both financial and non-financial elements.Various...