Subramaniam, Chandra

Research suggests that new information technologies can improve the functionality of business processes, leading to improved firm profitability. However, new technologies are not equal in their contributions to a company’s bottom line. Further, there is some debate as to whether early adopters...

We find that shorts establish significant positions more than a year before the average restatement announcement, those positions increase as the announcement month approaches, and the largest positions are held in companies that will announce an accounting irregularity that attracts class...

Information technology plays a critical role in modern business, especially regarding the accounting function. Thus, one might expect that information technology and accounting systems would be a major component of accounting research. This study seeks to answer the question, to what extent does...

We investigate incentives that led to the rash of restated financial statements at the end of the 1990s market bubble. We find the likelihood of a misstated financial statement increases greatly when the CEO has very sizable holdings of stock options quot;in-the-moneyquot; (i.e., stock price...

We find the likelihood of forced turnover in the CEO and CFO positions is significantly higher in the aftermath of option backdating than in propensity-score-matched control firms. Forced turnover occurs in about 36 percent of the accused firms. The forced turnover rates for CEOs and CFOs are...

We find the likelihood of turnover in the CEO and CFO positions is significantly higher in the aftermath of option backdating (in comparison to industry-matched and propensity-score-matched control firms). Turnover is particularly high for severe cases of backdating, namely, when a regulatory...

Drug shortages have been an ongoing problem in many developed countries well before the COVID-19 global pandemic. The literature suggests many reasons for these shortages. We analyze the drug supply chain (DSC) under a deterministic demand scenario, and then under a random demand scenario using...

We examine the relation between non-executive option compensation and future firm performance. As broad-based plans have become increasingly prevalent in the compensation landscape, our findings may help managers and shareholders evaluate the potential benefits of providing more inclusive option...