Examines simultaneous equations analysis of the relations between audit quality and audit fees by recognizing the role of audit quality's supply and demand. Pressures on audit fees; Studies of audit fee and audit demand; Statistics from the United States General Accounting Office; Supply and demand for audit in a simultaneous equations framework.
Examines Canadian firms' voluntary disclosure of defined benefit pension plan (DBPP) information to test disclosure hypotheses. Disclosure hypotheses development; Canadian pension disclosures; Hypotheses on proprietary costs and information costs savings; News hypothesis of the proprietary cost theory.
Focuses on how to extract realized research and development (R&D) benefits from reported earnings and how to use those benefits in determining R&D investment value. Previous research on R&D valuation; Data and econometric issues; Productivity of corporate R&D; R&D Impact on accounting earnings and market value of equity.
Analyzes audit pricing, lowballing and auditor turnover services in accounting practices. Insight into audit pricing model; Effect of lowballing to auditor independence; Evolution of audit prices and auditor turnover; Empirical implications.
Focuses on the knowledge necessary to perform ratio analysis in audit planning. Effects of instruction and experience on knowledge acquisition; Effects of abilities in knowledge acquisition; Effects of knowledge and abilities on performance; Examination of Libby's model.
Investigates whether accounting earnings of American corporations are managed in response to changes in the statutory corporate income tax rate brought about by the Tax Reform Act of 1986 (TRA). Reducing the maximum corporate tax rate from 46% to 34% through TRA; Concept of earnings management in relation to tax rate reductions in the TRA.
Focuses on the errors in databases commonly used by researchers. Analysis of Center for Research in Security Prices (CRSP) shares-outstanding data for 1989; Trading volumes analyses in empirical research and studies; Errors in CRSP and COMPUSTAT tapes.
The Accounting Review199469(4), 517-538open access
Discusses governmental audit procurement practices and seasoned bond prices. Role of credible auditor reputation on capital markets; Insight into multidimensional quality management; Bond markets as sources of market discipline; Levels of implied audit quality; Factors affecting the variation of auditor qualifications.
Examines relationships between support activity costs and prices. Assumptions and definitions for various components of the cost and demand functions; Optimal pricing and capacity decisions of a centralized monopolist firm; Activity-based unit costs.
Examines the effects of providing cost reports in a complex professional environment like Medicare which is characterized by implicit contracts. Details of the institutional environment; Linkage between incentives to contain costs and the type of accounting information provided; Linkage between behavior of medical professionals and cost accounting information reporting.