In recent years, regulators have exempted an increasing number of companies from the requirement to appoint auditors, yet little is known about role accounting profession in preparing and validating financial statements unaudited companies. this paper, we examine empirically factors associated with appointment reporting accountants. We then provide novel evidence on whether UK small private are...

This teaching cases study describes the development and implementation of an enterprise reporting system in a major Australian law firm. The dominant view in professional practice is that business intelligence systems like the one reported in this case should be provided data by an enterprise data warehouse. The case is particularly interesting because the reporting system was not based on a da...

medical ethics is a realm where four important subjects of philosophy, medicine, theology and law are covered. physicians and philosophers cooperation in this area will have great efficiency in the respective ethical rules formation. in addition to respect the autonomy of the patient, physician's obligation is to ensure that the medical intervention has benefit for the patient and the harm is m...

Empirical and analytic research in the IT and economics literatures have paid little attention to the distinction between the goals of cost reduction and quality improvement when examining the impact of IT investments on firm performance (i.e., firm profits and productivity). In this paper we present a simple analytical model that examines the impact of various types of IT investments on the qu...

We study a vertically differentiated market where two firms simultaneously choose the quality and price of the good they sell and where consumers also care for the average quality of the goods supplied. Firms are composed of two factions whose objectives differ: one is maximizing profit while the other maximizes revenues. The equilibrium concept we model, called Firm Unanimity Nash Equilibrium ...

This study links the trend in two earnings quality metrics: 1) the standard deviation of residuals from the Dechow and Dichev (2002) model, and 2) squared residuals from the Jones (1991) model to firm age (defined using data about firm incorporation/founding dates). The results reveal the significant increasing trends in both measures during the 1962-2006 period are related to the dramatic decr...

The growth in research and writing on social reporting over recent years has seen an overwhelming focus on the external reporting of social performance measures. A remaining gap in our knowledge relates to what motivates managers to make socially aware decisions. This project identified relevant factors that guide decision-making in a firm that publishes audited social responsibility reports. A...

We examine whether earnings management spreads from firm to firm via board connections. We find that contagion of accounting quality occurs via directors in interlocking boards with other firms. A firm with director links to firms that restated earnings tends to have poorer accounting quality and higher likelihood of restating its own financial reports. A firm with director links to firms that ...

T paper studies optimal product line design when consumers need to incur costly deliberation to uncover their valuations for quality. To induce deliberation, a firm must maintain quality dispersion and cut the price of the high-end product so that consumers are motivated to deliberate in the hope that high-end consumption fits their needs. To prevent deliberation, the firm may have to offer dow...

This is an inquiry into the “actionable credibility” of information values in informing and how it depends on other attributes of data and information quality. Empirical survey-based research by Wang and Strong (1996) ignores the multidimensional aspects of credibility. Studies that ignore them may produce unreliable results. Most publications discuss these attributes as independent quality fac...