This study examines whether institutional ownership and analyst following affect the value relevance of disclosed vs. recognized pension liabilities. Using a sample of firms with pension liabilities that were disclosed under SFAS No. 87 and subsequently recognized under SFAS No. 158 from 1999 to...

In this study, we examine whether XBRL disclosure (i.e., interactive data submissions) reduces the magnitude of accounting accruals for firms during SEC mandated years. Using mandated XBRL filers, we first compare the magnitude of absolute discretionary accruals in the XBRL-adoption quarters...

We examine how informed trading activities affect the market reaction to accounting restatements. We find significantly less negative reactions to accounting estatements when managers are net purchasers of stock before the restatement, and significantly more negative market reactions when...

The controversy about the choice among accounting alternatives is often based on arguments suggesting heuristic behaviour by market participants and firm managers. Debates focus on whether accounting methodology systematically alters reported earnings and whether this effect may add or subtract...

HRA is in nascent stage when it comes to practical applications. There is an urgent need to shift the focus from viewing human resource (HR) as a cost center to profit center, for consideration of employees as an asset. It is the need of the hour to make HRA as a part of mandatory global...

Calls for greater transparency of accounting information were consistent in media discourse after the accounting crisis early this century. Our analysis of the media suggests different emergent meanings were associated with these calls of transparency and an underlying ‘taken for grantedness'....

This study empirically analyzes the long term and short term accuracy of over 3000 individual firm pension accounting estimates of rates of return on pension assets over ten consecutive years (2001-2010). We find that the point estimates allowed by GAAP create verifiability challenges for...

A contract governs a trade between a buyer and a supplier. This contract specifies: (i) a cost reimbursement and (ii) a profit sharing arrangement of the inter-organizational relationship. We examine, the role the accounting system choice has on the efficiency of the IOR when the supplier can...

We construct a new, parsimonious, measure of disclosure quality – disaggregation quality (DQ) – and offer validation tests. DQ captures the level of disaggregation of accounting data through a count of non-missing Compustat line items, and reflects the extent of details in firms' annual...

There has been increasing trend worldwide towards providing the financial statements, not only annual reports but also more financial insights about the company, over the Internet through a website or through some other online media. This study aims to understand the extent of IFR in Saudi...