This paper introduces the review process to new researchers, describes the institutional background for reviews, and provides advice to reviewers. The objectives of a quality review are (1) to assist the editor in his/her gatekeeping role and (2) to assist the authors in improving their work. We...

From an agency perspective, leverage may have a positive effect on firm performance by limiting managers' ability to allocate resources to unproductive uses, as well as increasing pressure on them to perform well. Consequently, we might expect leverage to have a positive impact on acquisition...

We track trading activity in the days preceding acquisition announcements for target firms, and find that abnormally high trading volume precedes significant price movement. Using additional intraday data, we find increased active-selling in target stocks before acquisition announcements that...

In response to concerns over the viability of the academic discipline of accounting we investigate trends in accounting research by examining papers published in six top accounting journals from 1960 to 2007. We use citations made by accounting papers as a proxy for their antecedent ideas and...

This paper investigates whether future performance suffers when a firm deviates from an estimated optimal cash level. Results show that one year ahead RNOA and stock returns are decreasing in the level of deviation from an estimated optimal for both firms holding insufficient cash and firms...

This paper reviews the research dealing with long-term performance plans, an accounting-based compensation plan that evaluates and rewards executive performance over a 3 to 5 year period. The research provides evidence that long-term performance plans are an effective mechanism so that...

This paper reviews the research done by Saldanha and Waegelein (2014) dealing with long-term performance plans, an accounting-based compensation plan that evaluates and rewards executive performance over a 3 to 5 year period, and information technology expenditures. Prior research provides...

We examine whether governance matters for acquisitions. Acquisitions are frequently beneficial to the CEO of the acquiring firm, but can often be value-destructive to acquirer shareholders and other stakeholders such as employees. We find that corporate governance does not appear to influence...

Small acquirers enjoy announcement period returns that are significantly higher than announcement returns for larger acquirers, but small acquirers significantly underperform after the acquisition is consummated. We investigate why the market appears to “get it wrong” at the announcement of...

We revisit the question of whether the academic accounting profession is in decline. We use data gathered from Hasselback directories of accounting faculty from 1974 to 2016 as our primarily data source and confirm prior results suggesting a decrease in the number of assistant accounting...