Relative performance evaluation, Firm performance, Peer group evaluation, Corporate executives

Auditing, Audit fees, Auditor size

Auditing, Auditor judgement, Auditor expertise

Robert E. Hoskin, John S. Hughes, William E. Ricks, Evidence on the Incremental Information Content of Additional Firm Disclosures Made Concurrently with Earnings, Journal of Accounting Research, Vol. 24, Studies on Alternative Measures of Accounting Income (1986), pp. 1-32

Cost Accounting Standards Board, Cost accounting, Defense Contracting, Operating cashflows

Thomas L. Stober, The Incremental Information Content of Financial Statement Disclosures: The Case of LIFO Inventory Liquidations, Journal of Accounting Research, Vol. 24, Studies on Alternative Measures of Accounting Income (1986), pp. 138-160

Information content, Disclosures, Dividends, Earnings components

A series of studies reported in this Journal has addressed the question of whether evaluative styles of managers, which vary in terms of their reliance on accounting-based performance assessments, have systematically different behavioral consequences. These studies have produced conflicting results. In particular, Otley [1978] failed to confirm Hopwood's [1972] earlier findings that evaluative styles dominated by a heavy reliance on accounting performance measures, or a high budget-emphasis (BE), had adverse effects on job-related tension (JRT) and managerial performance. In two independent attempts to reconcile this conflict, Brownell [1982] found that a high (low) BE had positive effects on performance so long as budget participation is also high (low), and Hirst [1983] found that a high (low) BE is associated with low JRT in situations of low (high) task uncertainty. In this paper we report the results of a study which links the Brownell and Hirst attempts to reconcile the above conflict. More specifically, our objective was to assess the extent to which Brownell's finding also depends on the level of task uncertainty, the primary independent variable in the Hirst study. Arguments are presented which predict that

G. Peter Wilson, The Relative Information Content of Accruals and Cash Flows: Combined Evidence at the Earnings Announcement and Annual Report Release Date, Journal of Accounting Research, Vol. 24, Studies on Alternative Measures of Accounting Income (1986), pp. 165-200

Information content, Disclosures, Earnings components