Accounting

Understanding the Psychology of Mobile Phone Use and Mobile Shopping of the 1990s Cohort in China
As the first of its kind, this study presents a theory-informed large-scale survey of China's most independent-minded and media-savvy citizens — the 1990s cohort of the Millennial generation — to understand the psychology of their mobile telephoning and shopping habits. In doing so, we applied the lifestyle segmentation approach to predict mobile media consumption and mobile shopping. Using...


Measuring Consumer Motivations to Share Rumors
Rumors are often shared in the marketplace about products, services, brands or organizations; both in the online as well as in the offline scenarios. These rumors get communicated from consumer to consumer in the form of Word of Mouth (WOM). An exhaustive review of literature identified four motivations for consumers to share rumors in the marketplace; which included anxiety management motivati...
A Cloud Computing Model for Efficient Marketing Planning in Tourism
This article proposes a novel model to optimize e-marketing planning in tourism sector, based on the convergence among interactive digital television, mobile networks and cloud computing systems. The proposed research approach is exploited, towards efficiently facilitating marketers to accomplish optimum e-marketing data analysis and design effective mobile marketing strategies, targeting poten...


The illusion of no control: management control systems facilitating autonomous motivation in university research
Autonomous motivation, a fundamental factor influencing research success, can be undermined when people feel pressured, managed or controlled. So how do universities – which are under increasing external pressure to manage research activities to produce outcomes – exert management control without threatening the autonomous motivation of their researchers? We address this question through an...
The Effects of Norms on Investor Reactions to Derivative Use
Prior research indicates that a firm's use of derivatives to manage business risks is viewed favorably by investors. However, these studies do not consider a potentially key factor in this setting—namely, the typical behavior (or norms) regarding derivatives by other firms in the industry or the firm itself. In this paper, we report the results of multiple experiments that test whether norms ...


The Mispricing Of Cash Flows And Accruals At Different Life-Cycle Stages
This paper employs the firm-life-cycle concept to extend our understanding of the mispricing of accrual and cash-flow information by the stock market. We find that accruals and free cash flows are strongly (negatively) correlated in the maturity and decline stages of a firm's life cycle but not in the growth stage, suggesting that they capture unique information in the growth stage of the firm'...
Analyst Reputation, Communication, and Information Acquisition
Earlier studies have shown that reputational concerns tend to reduce agents' opportunistic behavior. However, a recent study by Morris (2001) argued that analysts' (experts') reputational concerns may discourage truthful communication when they try to avoid being perceived as being misaligned with investors. In this paper, I examine the effect of reputational concerns on communication in a sett...

Unsophisticated Arbitrageurs and Market Efficiency: Overreacting to a History of Underreaction?
Prior research has documented that arbitrage activity significantly reduces or eliminates stock market anomalies. However, if anomalies arise due to unsophisticated investors’ behavioral biases, then these same biases can also apply to unsophisticated arbitrageurs and thereby disrupt the arbitrage process. Consistent with a disruption in the arbitrage process for the post-earnings announcemen...
The influence of disclosure policy on analyst behavior: The case of segment data
More transparent disclosure reduces the effort required to process reported information. The adoption of Statement of Financial Accounting Standards (SFAS) No. 131, Disclosures about Segments of an Enterprise and Related Information, increased the transparency of segment information reported by diversified firms. Using a long sample window (1988–2007) and a difference-in-difference design, th...

How individual auditor characteristics impact the likelihood of audit failure: Evidence from China
Audit failure imposes a severe loss on investors and damages market participants' confidence in financial reporting quality. This study investigates the impacts of individual auditor characteristics on the likelihood of audit failure. Chinese regulators mandate listed firms to disclose the engagement auditors' identity. Furthermore, the information regarding individual auditor characteristics i...
Product market competition and earnings management: Evidence from discretionary accruals and real activity manipulation
We examine the association between product market competition and earnings management activities. We use the Herfindahl-Hirschman Index (HHI), a widely used measure for market concentration, as a proxy for product market competition. We examine two forms of earnings management: accrual-based and real activity-based. Our results are mixed, but generally suggest that both income-increasing accrua...

Impact of demographic and loan size on the probabilities of women freedom of movement empowerment
The purpose of this paper is to evaluate the impact of microfinance involvement of women’s freedom of movement empowerment. The cross sectional data for this study is collected by using questionnaires. Using random sampling, 744 households are selected from female clients of Khushhali Bank and National Rural Support Program from three districts namely district Bahawalpur, District Bahawalnaga...
Accounting and happiness
This paper begins with the observation that happiness is the primary goal of human endeavour. One critical element of human endeavour is business, leading to the proposition the primary objective of business is to contribute to happiness, with profit being a means towards this end. This central idea linking business and the pursuit of happiness is used to critique the capability of accounting t...
The Effect of Incentive-Based Compensation on Internal Auditors' Perceptions of Objectivity
A key threat to internal audit objectivity is the payment of incentive-based compensation (IBC) to internal auditors. This study uses an experimental approach to examine whether IBC paid to internal auditors based on company performance and individual performance does impact their objectivity. The study also investigates whether the cultural background of internal auditors affects their objecti...
Corporate social accountability through action: Contemporary insights from British industrial pioneers
Corporate social and environmental responsibility has become a major contemporary focus of business, government and community attention globally. With this increased attention and activity have come debates ranging across corporate authenticity, legislative necessity, and the scope of appropriate strategies. Through an historical analysis of four leading British industrialists of the 19th and e...