Section 406 of the Sarbanes Oxley Act (SOX) requires that U.S. public firms disclose their adoption of a code of ethics that includes formal whistleblowing procedures. Public companies listed on NYSE or NASDAQ are also required to prepare this disclosure. Formal whistleblowing policies guide...

Accounting research on the effects of incentives on creativity finds that paying for quantity of output yields the same level of high-creativity output as paying for only creativity or for both creativity and quantity (Kachelmeier et al. 2008). This finding is surprising and counter to economic...

This study examines behavior in a budgeting setting where a superior has private information regarding the accuracy of the firm's cost system, which she may misrepresent in an effort to elicit more truthful budget proposals from subordinates. We explore two features of this budgeting setting....

This study examines the effects of risk preference and loss aversion on individual responses to differently framed, yet economically equivalent, incentive contracts. We extend prior research by examining contracts with combinations of bonus, penalty, and clawback incentives. Contracts framed as...

In most organizations, budgets are important mechanisms for planning and control and for motivating subordinate performance. Accordingly, budgeting is one of the most extensively studied topics in managerial accounting. We analyze previous research by first classifying studies according to their...