This study examines the effect of disclosure intellectual capital in mediating financial structure and performance companies using path analysis method. also compares disclosing on listed Indonesian Singapore stock exchanges from 2018 to 2020. A two-stage least squares statistical model is used test research hypothesis. The findings show that Indonesia has a significant negative performance. Me...

SUMMARY Using the Chinese setting where two partners are assigned to lead each engagement, we find that gender-diverse partner pairs improve audit quality compared same-gender pairs. We show positive effect of gender diversity is concentrated in engagements led by with similar seniority or collaborating as signatory for an engagement before clients complex operations. evaluate potential factors...

ABSTRACT Accounting studies often examine whether the relation between X and Y varies with a moderating variable, M, by including an interactive term, × in regression. We provide plain-English guidance on why, how, when to use control variables, Z, interaction tests. A simulation simple descriptions demonstrate how interacted controls affect coefficient estimates interpretations. In particular,...

ABSTRACT Corporate managers are often better informed than outside investors about the uncertain future benefits of investments. However, information investment prospects is not verifiable and therefore amenable to direct disclosure, but instead inferred by from other accounting disclosures. Given this situation, we study normative question how market’s perceptions uncertainty its beliefs expec...

ABSTRACT I develop a structural model to quantify the costs of tax avoidance. In model, firm trades off savings with audit risk, financial reporting considerations, and operational frictions imposed by avoidance, last which label as nontax costs. The estimated parameters suggest costs, are difficult observe, decrease pretax income 6.4 percent or $58 million per firm-year. large magnitude this e...

ABSTRACT We apply the moderated confidence hypothesis (MCH) to investigate overreaction and underreaction in intra-industry earnings information transfers an international setting. MCH predicts that late announcing firms' investors overreact (underreact) early industry peers' news when is imprecise (precise) signals of earnings. Consistent with this notion, we find a large sample firms. To exte...

SYNOPSIS Extant literature demonstrates that whistleblowing is associated with changes in the target’s financial reporting. This paper provides compelling evidence also affects peer firms’ Specifically, we find industry peers reduce their reporting aggressiveness following a allegation. deterrent effect stronger when firm geographically closer to target, and target share board member, predicted...