Tuesday, August 7, 2007
10:30 am-12:00 pm
4.1 Accounting and Social Norms
Moderator: Mark Penno, The University of Iowa
Panelists:
Jon Davis, University of Wisconsin
Paul Fischer, The Pennsylvania State University
Jack Stecher, Norwegian School of Economics and Business Administration
4.2 Europe Meets America: Exploring Diverse Research Perspectives
Moderator: C. Richard Baker, Adelphi University
Panelists:
Yuri Biondi, CNAM, Paris, France
Kari Lukka, Turku School of Economics, Finland
Kenneth Merchant, University of Southern California
Tomo Suzuki, Oxford University, U.K.
Stephen Zeff, Rice University
4.3 Panel on the International Supply of and Demand for Ph.D.s in Accounting
Moderator: John Christensen, University of Southern Denmark
Panelists:
Bhabatosh Banerjee, University of Calcutta
Salvadore Carmona, Instituto De Empressa Madrid
T. J. Wong, Chinese University of Hong Kong
4.4 Experimental Evidence Concerning Evaluation of Controls
Moderator: Mostafa M. Maksy, Northeastern Illinois University
The Effects of Quantification on Persuasion in Unfamiliar Contexts: The Case of IT Controls.
Tina M. Loraas, Auburn University
Discussant: Andrea Kelton, University of South Florida
Management's Assessment of Internal Controls, External Consultants, and Audit Efficiency: Evidence of New Factors in Client-Auditor Interactions.
Jennifer Blaskovich, University of Nebraska at Omaha; Natalia Mintchik, University of Missouri–St. Louis
Discussant: Julia Higgs, Florida Atlantic University
The Effects of Task Complexity and Skill on Decision Accuracy: A Test of Bonner's Model.
Maureen Francis Mascha, Marquette University; Cathleen L. Miller, Wayne State University
Discussant: Marjorie K. Shelley, Texas A&M University
4.5 International Issues in Taxation
Moderator: Thomas D. Schultz, Miami University
Taxation of International Investment and Accounting Valuation.
Anja De Waegenaere, Tilburg University; Richard C. Sansing, Dartmouth College and Tilburg University
Discussant: Nazik S. Roufaiel, SUNY at Empire State College
Finding a New Tax Base for German Companies after the Abolishment of the One-Book System.
Deborah Knirsch, Otto Beisheim School of Management Vallendar
Discussant: Darlene A. Pulliam, West Texas A&M University
The Impact of Tax Reform on Corporate Capital Investment: Evidence from Australian Panel Data.
Grant Richardson, City University Hong Kong; Roman Lanis, University of Technology
Discussant: Warren O. Bostrom, College of St. Benedict and / St. John's University
4.6 Factors Affecting Perceptions of Accounting Professionals
Moderator: D. Jordan Lowe, Arizona State University
Motivation Perceptions in Stakeholders' Job Performance Evaluations of Accountants.
Stephanie M. Bryant, University of South Florida; Dan N. Stone, University of Kentucky; Benson Wier, Virginia Commonwealth University
Discussant: Jason Kuang, Georgia Institute of Technology
Workplace Social Exchange and Its Impact on Staff Attitudes and Perceptions for Accounting Professionals.
Yaying Mary Chou Yeh, Shih Chien University; Barbara Dastoor, Nova Southeastern University; Paul Dion, Susquehanna University
Discussant: Sharon K. Howell, The University of Texas at El Paso
Client Evaluations of Accountant Performance with Variations in Attire and Communication Levels.
V. Brooks Poole, University of Mississippi; Dale Flesher, University of Mississippi
Discussant: Michael M. Grayson, Jackson State University
4.7 Earnings Quality and Auditing
Moderator: Uma Velury, University of Delaware
The Association between Earnings Quality and Regulatory Report Opinions in the Accounting Industry—AICPA Peer Review and PCAOB Inspections.
Katherine Gunny, University of Colorado Boulder; Tracey Zhang, Singapore Management University
Discussant: Jim Irving, College of William & Mary
Do Changes in Audit Delay Affect Earnings Quality?
Tamara A. Lambert, Drexel University; Joseph F. Brazel, North Carolina State University; Keith L. Jones, George Mason University
Discussant: Gary Peters, University of Arkansas
Audit Firm Tenure and Earnings Surprise Management.
Li-Chin Jennifer Ho, The University of Texas at Arlington; Chao-Shin Liu, University of Notre Dame; Thomas Schaefer, University of Notre Dame
Discussant: Michael Maher, University of California, Davis
4.8 Internal Auditing Panel
Moderator: Mohammed Abdolmohammadi, Bentley College
Panelists:
Stephen W. Minder, Archer Daniels Midland Company
Sridhar Ramamoorti, Grant Thornton LLP
Jeffrey Swerdlow, The Research Institute of the IIA
William Taylor, Former Chairman, IIA
4.9 Market for Audit Services
Moderator: Mary B. Curtis, University of North Texas
Audit Industry Structure: How a Client's Need for Privacy and Industry Expertise Affects Auditor Alignment.
R. Mithu Dey, Rochester Institute of Technology
Discussant: Pamela R. Murphy, University of Wisconsin–Madison
An Analysis of U.K. Andersen Clients Pre- and Post-Andersen Demise: Where Have They Gone and Did They Pay More?
Ilias G. Basioudis, Aston University; Maria Papadimitriou, Aston University
Discussant: Steven C. Hunt, Western Illinois University
Is There a Relation between Abnormal Bank Loan Loss Provisions and Auditor Fees?
Kiridaran Kanagaretnam, McMaster University; Gopal Krishnan, George Mason University; Gerald Lobo, University of Houston
Discussant: Christiane Strohm, University of Münster
4.10 Non-Audit Services
Moderator: Scott Bronson, Michigan State University
Auditor-Provided Tax Services and "Last-Chance" Earnings Management: The Importance of Audit Committees.
Ling Lei, University of Connecticut
Discussant: Sebahattin Demirkan, The University of Texas at Dallas
Agency-Based Demand for Audit Quality: The Impact of Disclosure-Imposed Agency Costs on Non-Audit Services.
Lawrence J. Abbott, University of Memphis; Susan Parker, Santa Clara University; Gary Peters, University of Arkansas
Discussant: Qianyun (Ivy) Huang, Florida Atlantic University
Do Non-Audit Services Enhance Value? Evidence from the Capital Markets.
Seong-Yeon Cho, Oakland University; Jongsoo Han, Ewha Womans University; Kevin Brown, Wright State University
Discussant: Dan A. Simunic, University of British Columbia
4.11 Bootcamp Panel Session on Teaching Ethics
Moderator: Kevin Stocks, Brigham Young University
Panelists:
Parveen Gupta, Lehigh University
Kevin Misiewicz, Notre Dame University
C. William Thomas, Baylor University
4.12 Debt Contracting
Moderator: Jane M. Weiss, Washington & Lee University
Family Firms, Debtholder-Shareholder Agency Costs and the Use of Covenants in Private Debt.
Mark Bagnoli, Purdue University; Hsin-Tsai Liu, Purdue University; Susan Watts, Purdue University
Discussant: James McKeown, The Pennsylvania State University
GAAP Goodwill and Debt Contracting Efficiency: Evidence from Net-Worth Covenants.
Richard Frankel, Washington University in St. Louis; Chandra Seethamraju, Mellon Capital Management; Tzachi Zach, Washington University in St. Louis
Discussant: Ilia Dichev, University of Michigan
Agency Costs of Debt and Composition of Institutional Ownership.
Scott W. Liao, The Ohio State University
Discussant: James McKeown, The Pennsylvania State University
4.13 Family Owned Firms
Moderator: Maya Atanasova, The Pennsylvania State University
Do Family Firms Provide More or Less Voluntary Disclosure?
Shuping Chen, University of Washington; Xia Chen, University of British Columbia; Qiang Cheng, University of British Columbia
Discussant: Dechun Wang, University of Nebraska, Lincoln
Are U.S. Family Firms Subject to Agency Problems? Evidence from CEO Turnover and Firm Valuation.
Xia Chen, University of British Columbia; Qiang Cheng, University of British Columbia; Zhonglan Dai, The University of Texas at Dallas
Discussant: Dechun Wang, University of Nebraska, Lincoln
Corporate Opacity and Family Ownership.
Ronald Anderson, American University; Augustine Duru, American University; David Reeb, Temple University
Discussant: Dechun Wang, University of Nebraska, Lincoln
4.14 International Disclosure Regulation
Moderator: Elizabeth A. Gordon, Rutgers University
Market Reaction to the Adoption of IFRS in Europe.
Chris Armstrong, Stanford University; Mary Barth, Stanford University; Alan Jagolinzer, Stanford University; Edward Riedl, Harvard University
Discussant: Luzi Hail, The Pennsylvania State University
Does Disclosure Regulation Work? Evidence from International IPO Markets.
Charles Shi, University of California, Irvine; Kuntara Pukthuanthong, San Diego State University; Thomas Walker, Concordia University
Discussant: Ole-Kristian Hope, University of Toronto
The Effect of Cross Listing on the Sensitivity of Managerial Compensation to Firm Performance.
Bin Ke, The Pennsylvania State University; Oliver Rui, Chinese University of Hong Kong; Wei Yu, Chinese University of Hong Kong
Discussant: Ole-Kristian Hope, University of Toronto
4.15 Management Earnings Forecasts
Moderator: Hal White, The Pennsylvania State University
Price Reactions to Management Earnings Forecasts: The Incremental Effect of Managements' Prior Forecasting Reputation.
Rowland K. Atiase, The University of Texas at Austin; S. Supattarakul, Thammasat University; Senyo Tse, Texas A&M University
Discussant: Kin Lo, University of British Columbia
Management Forecasts, Disclosure Quality, and Market Efficiency.
Jeffrey Ng, University of Pennsylvania; Irem Tuna, University of Pennsylvania; Rodrigo Verdi, Massachusetts Institute of Technology
Discussant: Kin Lo, University of British Columbia
The Roles that Forecast Surprise and Forecast Error Play in Determining Management Forecast Precision.
Jong-Hag Choi, Seoul National University; Linda A. Myers, Texas A&M University; Yoonseok Zang, Singapore Management University; David A. Ziebart, University of Kentucky
Discussant: Kin Lo, University of British Columbia
4.16 Managers' Reporting of Earnings
Moderator: Ken Reichelt, Louisiana State University
Analysts' Incentives to Follow Management Guidance: The Case of Equity Issuances.
Mei Feng, University of Pittsburgh; Sarah McVay, New York University
Discussant: Jennifer Wu Tucker, University of Florida
The Implications of Cash Flow Forecasts for Investors' Pricing and Managers' Reporting of Earnings.
Andrew C. Call, University of Georgia
Discussant: Jennifer Wu Tucker, University of Florida
Comprehensive Income: Who's Afraid of Performance Statement Reporting.
Linda Smith Bamber, University of Georgia; John Xuefeng Jiang, Michigan State University; Kathy R. Petroni, Michigan State University; Isabel Yanyan Wang, Michigan State University
Discussant: Jennifer Wu Tucker, University of Florida
4.17 Share Repurchases
Moderator: Monica Nemtui, University of Arizona
Managing EPS through Accelerated Share Repurchases: Compensation Versus Capital Market Incentives.
Carol Marquardt, Baruch College–CUNY; Christine Tan; Susan Young
Discussant: Mary Ellen Carter, University of Pennsylvania
Earnings Management and Firm Performance Following Open-Market Repurchases.
Guojin Gong, The Pennsylvania State University; Henock Louis, The Pennsylvania State University; Amy Sun, The Pennsylvania State University
Discussant: Mary Ellen Carter, University of Pennsylvania
Share Repurchases and the Timing of Voluntary Disclosures.
Paul Brockman, University of Missouri–Columbia; Inder Khurana, University of Missouri–Columbia; Xiumin Martin, University of Missouri–Columbia
Discussant: Mary Ellen Carter, University of Pennsylvania
4.18 Gender Issues and Worklife Balance II
Moderator: Ann Ownby Hicks, North Park University
Productivity Difference or Sex Discrimination? Equity of Compensation in International Public Accounting Firms in Taiwan.
Yahn-Shir Chen, National Yunlin University of Science and Technology; Chao-Ling Lin, National Yunlin University of Science and Technology and Chang Jung Christian University
Discussant: Lan Guo, Washington State University
Evidence of Gender Differences in Audit Firm Subcultures: Traditional Professional Values versus the Competitive, Market Oriented Values.
Carolyn A. Windsor, Monash University; Bent B. Warming Rasumssen, University of Southern Denmark
Discussant: Darcy Becker, University of Wisconsin–Eau Claire
4.19 Government Reporting and Disclosure
Moderator: Kamala Raghavan, Robert Morris University
The Economic Role of Governmental Accounting Information in the Determination of Residential Property Values.
Paul A. Copley, James Madison University; Edward B. Douthett, George Mason University
Discussant: Jayaraman Vijayakumar, Virginia Commonwealth University
The GFOA Certificate Revisited: Excellence in Financial Reporting and the Costs and Benefits of High Disclosure.
Kenneth N. Daniels, Virginia Commonwealth University; Angela Gore, University of Oregon; Jayaraman Vijayakumar, Virginia Commonwealth University
Discussant: Avinash Arya, University of Michigan–Flint
Municipal Restatements and Governance.
William R. Baber, The George Washington University; Angela K. Gore, The George Washington University; Kevin T. Rich, University of Oregon; Jean Zhang, The George Washington University
Discussant: Ken A. Smith, Willamette University
4.20 Accounting Profession and Organizations
Moderator: David Dearman, University of Arkansas at Fort Smith
A History of the Codified Discourse in the Regulatory/Ethical Structure of the U.S. Public Accounting Profession.
C. Richard Baker, Adelphi University
Discussant: John Thomas Rigsby, Mississippi State University
Convergence of the Disciplinary Processes of Accounting Organizations? A Comparison between the United States and France.
Ghislaine Garmilis, Crefige Drm–Université Paris Dauphine and Université D'Angers; Leonard Stokes, Siena College
Discussant: John Thomas Rigsby, Mississippi State University
Demographic Challenges Facing the CPA Profession.
Julia E. Grant, Case Western Reserve University
Discussant: John Thomas Rigsby, Mississippi State University
4.21 Analysts and Forecast Accuracy
Moderator: Linda Campbell, The University of Texas at San Antonio
An Empirical Analysis of Chinese Financial Analysts' Opinions and Forecast Performance in Their Qualitative Research Reports.
Yiming Hu, Shanghai Jiao Tong University; Thomas W. Lin, University of Southern California
Discussant: Steven F. Orpurt, Singapore Management University
Analyst Activity, Forecast Accuracy, and Investor Demand for Information.
Ran Ron Barniv, Kent State University
Discussant: Aida Sy, University of Bridgeport
Analysts' Awareness of Systematic Bias in Management Earnings Forecasts: Empirical Evidence from Japan.
Koji Ota, University of Hyogo
Discussant: Justin Jin, University of Toronto
4.22 Behavioral Research
Moderator: Felix E. Amenkhienan, Radford University
Exploring the Extent and Impediments of Knowledge Sharing in Chinese Business Enterprises.
Wen Bing Su, Nanjing University; Xin Li, Nanjing University; Chee Chow, San Diego State University
Discussant: Padakanti Laxmikantham, Addis Ababa University
IFRS and the Value Relevance of Earnings: Evidence from the Emerging Market of Romania.
Andrei Filip, University of Geneva / HEC Montreal
Discussant: Mohamed Onsi, Syracuse University
The Impact of National Culture on Business Ethics: A Study of Egypt and the U.S.
Rafik I. Beekun, University of Nevada; Rania Hamdy, Cairo University; Hassan Hassabelnaby, The University of Toledo
Discussant: Iris Stuart, California State University, Fullerton
4.23 Conservatism
Moderator: Khondkar E. Karim, Rochester Institute of Technology
The Impact of Firm Level and Individual Level Industry Expertise on Earnings Conservatism.
Shu-Hui Sue, National Chengchi University and Shin Chien University Kaohsiung Campus; Chenlung Chin, National Chengchi University
Discussant: Karen Teitel, College of The Holy Cross
The Impact of State Ownership on Timeliness in Loss Recognition.
Liang (Richard) Chen, University of New South Wales Asia; Patricia M. S. Tan, Nanyang Technological University
Discussant: John J. Cheh, The University of Akron
An International Investigation of Conservative Bias and Accounting Practices.
Joan Hollister, SUNY at New Paltz; Victoria Shoaf, St. John's University
Discussant: Heli Marjut Hookana, Turku School of Economics
4.24 Earnings Management
Moderator: Sanjian (William) Zhang, Lehigh University
Earnings Management and Accounting Values: A Test of Gray (1988).
Ramon P. Rodriguez Jr., The University of Texas at El Paso; Gary P. Braun, The University of Texas at El Paso
Discussant: Mahendra R. Gujarathi, Bentley College
A Comparative Analysis of U.S. GAAP versus IAS: The Effects of Discretionary Accruals, R&D, and Deferred Tax Expense on Earnings Management.
Lee J. Yao, Loyola University New Orleans; Siew H. Chan, Washington State University
Discussant: Lucy Huajing Chen, Arizona State University, West Campus
Do Managers Manage Earnings to Just Meet or Beat Analysts' Forecasts? Evidence from Australia.
[Presentation Cancelled]
Ahsan Habib, Lincoln University
Discussant: Tom Lechner, University of Utah
4.25 Modeling Studies
Moderator: C. Catherine Chiang, North Carolina Central University
Is Debt Governance Structure Relevant to Firm Operating Performance in a Transitional Market? A Dynamic Approach.
Tarek I. Eldomiaty, United Arab Emirates University; Ehab K. A. Mohamed, Sultan Qaboos University
Discussant: Shawki M. Farag, The American University
Related Party Transactions: A Second Source for Earnings Management—Evidence from Chinese IPOs.
Peng Cheng, University of Surrey; Jean Chen, University of Surrey
Discussant: Mohamed Azzim Gulamhussen, Instituto Superior de Ciências do Trabalho e da Empresa
Audit Firm and Individual Auditor's Measures of Auditor Industry Expertise and Effects on Accounting Restatements.
Chen-Lung Chin, National Chengchi University; Hsin-Yi Chi, National Taichung Institute of Technology
Discussant: Nazik S. Roufaiel, SUNY at Empire State College
4.26 Management Accountants and Information Technology: The Forgotten Constituents
Moderator: Sandra Richtermeyer, Xavier University
Panelists: To Be Announced
4.27 Controllability and Controllership Function (Field Studies)
Moderator: Kimberly M. Sawers, Seattle Pacific University
Revisiting the Controllability Principle in the Twenty-First Century.
[Presentation Cancelled]
Robert Simons, Harvard University
Discussant: Kenneth A. Merchant, University of Southern California
Balancing the Dual Responsibilities of Business Unit Controllers: Field and Survey Evidence.
Victor Maas, University of Amsterdam; Michal Matejka, University of Michigan
Discussant: Chris Chapman, University of Oxford
4.28 Group and Individual Incentives
Moderator: Frances A. Kennedy, Clemson University
Knowledge Sharing and Incentive Design in Production Environments: Theory and Evidence.
Yuhchang Hwang, Arizona State University; David H. Erkens, Arizona State University; John H. Evans, University of Pittsburgh
Discussant: Anthony D. Nikias, Texas A&M University–Kingsville
The Effects of Aggregation on Managerial Reporting Behavior in a Capital Budgeting Setting.
Anthony D. Nikias, Texas A&M University–Kingsville; Jim R. Wollscheid, Texas A&M University–Kingsville
Discussant: Theresa Libby, Wilfrid Laurier University
4.29 Management Accounting and Environmental Concerns
Moderator: Mary Malina, University of Colorado at Denver
Does Corporate Governance Matter? The Case of Environmental and Social Responsibility Committees in the Board.
Kevin Lam, Chinese University of Hong Kong; Yue Li, University of Toronto
Discussant: Naomi Soderstrom, University of Colorado at Boulder
Accounting as a Vehicle to Socialize the Risk of Global Warming: A Dialectical Theorization of the Sustainability Discourse.
Kala Saravanamuthu, University of New England Australia
Discussant: Trevor Hopper, University of Manchester
Environmental Management Forces and Performance Measurement—Sustainability and Balanced Scorecard Integration in a Food Processing Company.
Aapo Länsiluoto, Seinäjoki University of Applied Sciences; Marko Järvenpää, University of Jyväskylä
Discussant: Yutaka Kato, Kobe University
4.30 Financial Reporting and the Public Interest
Moderator: Myungsun Kim, SUNY at Buffalo
The Determinants and Information Value of Credit Watches.
Kee H. Chung, SUNY at Buffalo; Carol Ann Frost, SUNY at Buffalo; Myungsun Kim, SUNY at Buffalo
Discussant: Lookman Buky Folami, Bryant University
Market Cycles Effect on Financial Reporting.
Alireza Daneshfar, University of New Haven
Discussant: Timothy J. Fogarty, Case Western Reserve University
New Economy or Irrational Exuberance: An Empirical Study of Market Valuations Surrounding the Dot-Com Bubble of the 1990s.
John J. Morris, Kent State University; Pervaiz Alam, Kent State University
Discussant: Timothy J. Fogarty, Case Western Reserve University
4.31 Researching SEC Regulations and Using Short Case Studies to Teach Accounting Ethics
Moderator: Steven M. Mintz, California Polytechnic University, San Luis Obispo
Panelists:
Roselyn Morris, Texas State University
Wallace Wood, University of Cincinnati
4.32 Tax Evasion and Other Tax Issues
Moderator: Aida Sy, University of Bridgeport
Ethics, Tax Evasion, Gender and Age: An Empirical Study.
Robert W. McGee, Barry University; Sheldon R. Smith, Utah Valley State College
Discussant: John D. Rossi, Moravian College
The Influence of Goal Conflict and Information Asymmetry on Individuals' Tax Evasion Judgments.
Diana Falsetta, University of Miami; Jennifer B. Kahle, University of South Florida; George T. Tsakumis, Drexel University
Discussant: John D. Rossi, Moravian College
Compensation Issues for S Corporation Owner-Employees: Wages or Profit Distributions?
Angela Hwang, Eastern Michigan University
Discussant: Tim Krumwiede, Bryant University
4.33 Issues in Accounting Education
Moderator: Daniel C. Benco, Southeastern Oklahoma State University
The Influence of Learning Styles on the Teaching of Accounting.
Denise Mendes Da Silva, University of Sao Paulo; Jose Dutra Oliveira Neto, University of Sao Paulo; Edgard B. Cornachione, Jr., University of Sao Paulo and University of Illinois at Urbana–Champaign; Renato Vairo Belhot, University of Sao Paulo
Discussant: Barbara Lamberton, University of Hartford
What Students Do When Not In Class: Inside The Hidden World of Student Behavior and Student Choice.
Timothy J. Fogarty, Case Western Reserve University; Paul M. Goldwater, University of Central Florida
Discussant: Barbara Lamberton, University of Hartford
Accounting Department Chair's Perceptions of Communication in the Accounting and Business Curriculum.
Jacqueline Schmidt, John Carroll University; Roland Madison, John Carroll University
Discussant: To Be Announced
4.34 The High School AP Course in Accounting
Moderator: Heather Bunning, AICPA Senior Manager of Education & Recruitment
Panelists:
Susan Crosson, Santa Fe Community College
Dan Deines, Kansas State University
Dennis Reigle, AICPA