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Monday August 3, 2009 — 10:15 am-11:45 am
1.10. Accounting Standards and Capital Markets
(NASBA Field of Study: Accounting)
Moderator: Eugene A. Imhoff, University of Michigan
Anticipatory and Implementation Effects of FIN 46 On the Behavior of Different Market Participants
Umit G. Gurun, University of Texas at Dallas;
Alina Lerman, New York University;
Joshua Ronen, New York University;
Discussant: Paul Polinski, University of Illinois
An Examination of the Cost of Capital Implications of FASB Interpretation (FIN) 46
Carolyn M Callahan, University of Memphis;
Rodney E Smith, California State University Long Beach;
Angela Wheeler Spencer, Oklahoma State University;
Discussant: Nina T Dorata, St. John's University
Sizing Hedge Positions and Measuring Hedge Effectiveness
Ted Juhl, University of Kansas;
Ira G Kawaller, Kawaller & Co.;
Paul Koch, University of Kansas;
Discussant: Panos N. Patatoukas, Yale University
1.11. Accounting Variables and the Cost of Equity Capital
(NASBA Field of Study: Accounting)
Moderator: Rodrigo Verdi, MIT
Commitment to Conditional Conservatism and Cost of Capital
Juan Manuel García Lara, Universidad Carlos III de Madrid;
Beatriz García Osma, Universidad Autónoma de Madrid;
Fernando Penalva, IESE Business School, University of Navarra;
Discussant: Gauri Bhat, Washington University in St Louis
Comprehensive Income and Cost of Equity Capital
Agnes Cheng, Louisiana State University;
Steve W Lin, Florida International University;
Discussant: Stephen Stubben, The University of North Carolina at Chapel Hill
The Effect of Operational Restructurings on the Implied Cost of Capital
C.S. Agnes Cheng, Louisiana State University;
M. H. Carol Liu, Louisiana State University;
Zili Zhuang, The Chinese University of Hong Kong;
Discussant: Mary Hilston Keener, University of Tampa
1.12. Chinese Capital Markets
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
How do Firms React to the Prohibition of Long-lived Asset Impairment Reversals? Evidence from China
Ran Zhang, Guanghua School of Management, Peking University;
Zhengfei Lu, Guanghua School of Management, Peking University;
Kangtao Ye, Renmin University of China;
Jigao Zhu, Guanghua School of Management, Peking University;
Ownership structure, Earnings Quality and Fraud: Evidence from China
Jung Wha Lee, Hanyang University, South Korea;
Lianhua Jin, Yanbin University, China;
Political Incentives to Suppress Negative Financial Information: evidence from State-controlled Chinese Firms
Joseph D. Piotroski, Stanford University;
T. J. Wong, The Chinese University of Hong Kong;
Tianyu Zhang, City University of Hong Kong;
Relationship-based Assets and Earnings Informativeness:Evidence from Corruption Cases in China
Joseph Fan, Chinese University of Hong Kong;
Zengquan Li, Shanghai University of Finance and Economics;
Yong Yang, Chinese University of Hong Kong;
1.13. Debt and Loan Contracts
(NASBA Field of Study: Accounting)
Moderator: Leslie Hodder, Indiana University
Why Do Loan Contracts Obligate Borrowers to Engage in Interest Rate Protection?
Anne Beatty, The Ohio State University;
Reining Chen, The Ohio State University;
Haiwen (Helen) Zhang, The Ohio State University;
Discussant: Zahn Bozanic, Penn State
Capital Restructuring in Response to Mandatory Changes in GAAP:
Direct Evidence of Debt Contract Effects
Dean Hanlon, Monash University;
Discussant: Peter Demerjian, Emory University
Internal Control Weakness and Bank Loan Contracting: Evidence from SOX Section 404 Disclosures
Jeong-Bon Kim, Concordia University;
Byron Y Song, Concordia University;
Liandong Zhang, Concordia University;
Discussant: Leslie Hodder, Indiana University
1.14. Executive Compensation
(NASBA Field of Study: Accounting)
Moderator: Mary Billings, New York University
The Interrelationship between Corporate Restructuring and CEO Compensation
Steven Balsam, Temple University;
Austin Reitenga, University of Alabama;
Juan Manuel Sanchez, University of Arkansas;
Discussant: Brian D Cadman, University of Utah
Cash Flow Volatility, Income Smoothing and CEO Cash Compensation
Somnath Das, University of Illinois at Chicago;
Keejae P. Hong, University of Illinois at Chicago;
Kyonghee Kim, University of Illinois at Chicago;
Discussant: Brian D Cadman, University of Utah
Sticky Costs and Executive Bonus Compensation
Wendy J Bailey, University of South Carolina;
Marcus L Caylor, University of South Carolina;
Thomas J Lopez, University of South Carolina;
Discussant: Brian D Cadman, University of Utah
1.15. Factors Behind Management Forecasts
(NASBA Field of Study: Accounting)
Moderator: Isabel Wang, Michigan State University
Serial Correlation in Management Forecast Errors
Guojin Gong, Pennsylvania State University;
Laura Yue Li, University of Illinois at Urbana-Champaign;
Jeff Jundong Wang, University of Illinois at Urbana-Champaign;
Discussant: Jennifer Wu Tucker, University of Florida
Earnings Non-synchronicity and Voluntary Disclosure
Guojin Gong, Pennsylvania State University;
Laura Yue Li, University of Illinois at Urbana-Champaign;
Ling Zhou, Tulane University;
Discussant: Jennifer Wu Tucker, University of Florida
The Role of Management Forecast Precision in Predicting Management Forecast Error
Vivian W. Fang, Rutgers University;
Discussant: Jamie Diaz, New York University
1.16. Insider Trading and Accounting Information
(NASBA Field of Study: Accounting)
Moderator: Loretta N Baryeh, Towson University
Insider Trading and Fair Value Estimates: Evidence from Goodwill Impairments under SFAS 142
Karl Muller, Penn State University;
Monica Neamtiu, University of Arizona;
Edward Riedl, Harvard Business School;
Discussant: Debra T. Sinclair, Georgia Southern University
Information Uncertainty and the Relevance of
Reported Insider Trades
David Veenman, University of Amsterdam, Business School;
Discussant: Loretta N Baryeh, Towson University
Corporate governance and opportunistic insider trade
Katherine Gunny, University of Colorado at Boulder;
Bin Ke, Pennsylvania State University;
Tracey Chunqi Zhang, Singapore Management University;
Discussant: Maya Thevenot, State University of New York at Fredonia
1.17. Market Regulation
(NASBA Field of Study: Accounting)
Moderator: Stephen R. Moehrle, University of Missouri - St. Louis
Securities and Exchange Commission Comment Letters: Enforcing Accounting Quality and Disclosure
Reining Chen, Ohio State;
Rick Johnston, Ohio State;
Discussant: Rachel Kowal, New York University
Do Firms Manage Equity Capital, Discretionary Accruals, and "Real Activities" to Avoid Being Delisted from Nasdaq?
Carol Ann Frost, University of North Texas;
Ammr Kurdi, University of North Texas;
Lili Sun, University of North Texas;
Discussant: Joan DiSalvio, Rutgers University
Investors' and Auditors' Responses to Nasdaq's Enforcement of Listing Requirements
Carol Ann Frost, University of North Texas;
Feng Gu, State University of New York at Buffalo;
Lili Sun, University of North Texas;
Discussant: Kathryn E. Easterday, Miami University
1.18. Tools that Seniors Managers Use to Manage Earnings
(NASBA Field of Study: Accounting)
Moderator: Patricia Dechow, University of California, Berkeley
Warranty Reserve: Contingent Liability, Informational Signal, or Earnings Management Tool?
Daniel Cohen, New York University;
Masako Darrough, Baruch College;
Rong Huang, Baruch College;
Tzachi Zach, The Ohio State University;
Discussant: Patricia Dechow, University of California, Berkeley
Earnings Management using Discontinued Operations
Abhijit Barua, Florida International University;
Steve W Lin, Florida International University;
Andrew Sbaraglia, Florida International University;
Discussant: Sarah McVay, University of Utah
Servicing Assets and Fair Value Accounting for Gain-On-Securitization
Kang Cheng, Morgan State University;
Salma Ibrahim, Morgan State University;
Discussant: Atul Rai, Wichita State University
Monday August 3, 2009 — 2:00 pm-3:30 pm
2.09. Accounting Restatements
(NASBA Field of Study: Accounting)
Moderator: Brian P. Miller, Indiana University
Firm Financial Reporting Quality Surrounding Restatements
Christine I. Wiedman, University of Waterloo;
Kevin B. Hendricks, Wilfrid Laurier University;
Discussant: Ying Huang, University of Kansas
Are Investors Confused by Restatements after Sarbanes-Oxley?
Jeffrey J Burks, University of Notre Dame;
Discussant: Brian Hogan, Northeastern University
Takeover Protection and Earnings Manipulation: Evidence from Restating Firms
Yijiang Zhao, American University;
Kung H. Chen, University of Nebraska-Lincoln;
Lee J. Yao, Loyola University New Orleans;
Discussant: Qiang Cheng, University of Wisconsin-Madison
2.10. Debt and Equity Valuation
(NASBA Field of Study: Accounting)
Moderator: Stephen Stubben, The University of North Carolina at Chapel Hill
Asymmetric Valuation of Sustained Growth by Debt- and Equity-Holders
John A Elliott, Baruch College (CUNY);
Aloke Ghosh, Baruch College (CUNY);
Doocheol Moon, Yongsei University;
Discussant: Jake Thomas, Yale University
A Comparison of Accounting Attributes' Effects on the Debt and Equity Cost of Capital
J, Matthew Bonnett, The Chinese University of Hong Kong;
Kenneth V. Peasnell, Lancaster University;
Discussant: Jake Thomas, Yale University
Performance Evaluation of Corporate Strategic Activities—A Comprehensive Model with Debt holders’ View
Tsung-Kang Chen, Fu Jen Catholic University;
Hsien-Hsing Liao, Department of Finance, National Taiwan University;
Discussant: Jake Thomas, Yale University
2.11. Earning Abnormal Stock Returns - 1
(NASBA Field of Study: Accounting)
Moderator: Santhosh Ramalingegowda, University of georgia
Post Loss/Profit Announcement Drift
Karthik Balakrishnan, New York University;
Eli Bartov, New York University;
Lucile Faurel, Univ. of California, Irvine;
Discussant: Amy Hutton, Boston College
Trading Against the Prophets: Using Short Interest to Profit from Analyst Recommendations
Michael S Drake, Texas A&M University;
Lynn Rees, Texas A&M University;
Edward P Swanson, Texas A&M University;
Discussant: Santhosh Ramalingegowda, University of georgia
Short Seller Trading in Companies with Accounting Irregularities
Jap Efendi, University of Texas at Arlington;
Edward P Swanson, Texas A&M University;
Discussant: Nicole Thorne Jenkins, Vanderbilt University
2.12. Earnings Management and Capital Market Transactions
(NASBA Field of Study: Accounting)
Moderator: Kristian D Allee, Michigan State University
Insider Trading and Earnings Management around Seasoned Equity Offerings
Loretta Nartey Baryeh, Towson University;
Peter Dadalt, Univerity of Rhode Island ;
Heuy-Lian Sun, Morgan State University;
Varda Yaari, Morgan State Univerity;
Discussant: Yanmin Gao, University of Alberta
Do Acquiring Firms Manage Earnings?
Raunaq S Pungaliya, The University of Iowa;
Anand M Vijh, The University of Iowa;
Discussant: Shailendra Pandit, University of Illinois at Chicago
The Magnitude and Efficacy of Earnings Management Preceding the Issuance of Public Debt
Joseph H Anthony, Michigan State University;
Bruce Bettinghaus, Grand Valley State University;
David B Farber, University of Missouri;
David B. Farber, University of Missouri;
Discussant: Stanimir Markov, UT Dallas
2.13. Econometric Issues
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Evidence of conditional conservatism: fact or artifact?
Panos Patatoukas, Yale University;
Jacob Thomas, Yale University;
Discussant: Hung-Yuan (Richard) Lu, University of Florida
The Benefits of Firm Comparability
Gus DeFranco, University of Toronto;
SP Kothari, Massachusetts Institute of Technology;
Rodrigo Verdi, Massachusetts Institute of Technology;
Discussant: Scott Richardson, Barclays Global Investors
A Critique of ROA-Adjusted Discretionary Accruals Estimation Models
Zhi-Xing Lin, National University of Singapore;
Michael S.H. Shih, National University of Singapore;
Discussant: Praveen Sinha, Chapman University
2.14. Factors Behind Analysts' Forecasts - 1
(NASBA Field of Study: Accounting)
Moderator: David A. Maber, Harvard Business School
Is Accounting Analysis a Valuable Activity for Financial Statement Users?
Gus De Franco, University of Toronto;
M.H. Franco Wong, University of Toronto;
Yibin Zhou, University of Texas at Dallas;
Discussant: Chia-Chun Hsieh, Hong Kong University of Science and Technology
Predicting Future Growth: Analysts’ Long-Term Growth Forecasts and the P/E Ratio
Zhan Gao, Lancaster University;
Wan-Ting Wu, Arizona State University;
Discussant: Stephannie A Larocque, Rotman School of Management
How Do Analysts Forecast Earnings?
David Lambert, University of Technology Sydney;
Zoltan Matolcsy, University of Technology Sydney;
Anne Wyatt, University of Technology Sydney;
Discussant: Siva Nathan, Georga State University
2.15. Fair Value Accounting: SFAS 157 & 159
(NASBA Field of Study: Accounting)
Moderator: Christine Petrovits, NYU
Value Relevance of FAS 157 Fair Value Hierarchy Information and the Impact of Corporate Governance Mechanisms
Chang Joon Song, Virginia Polytechnic Institute and State University;
Wayne B. Thomas, University of Oklahoma;
Han Yi, University of Oklahoma;
Discussant: Mark Kohlbeck, Florida Atlantic University
Perceptions of CFOs of US-based companies towards Fair Value accounting option and International Financial Reporting Standards
Shirley June Daniel, University of Hawaii at Manoa;
Hamid Pourjalali, University of Hawaii at Manoa;
Eric Wen, University of Hawaii at Manoa;
Discussant: Mary L Fischer, The University of Texas at Tyler
Accounting Choice and the Fair Value Option
Katherine Guthrie, College of William & Mary;
Jim Irving, College of William & Mary;
Jan Sokolowsky, University of Michigan;
Discussant: Aimee Shih, New York University
2.16. How are CEOs Paid?
(NASBA Field of Study: Accounting)
Moderator: Barbara A. Lougee, University of San Diego
The Role of Defined Benefit Pension Plans in Executive Compensation
Brian Cadman, University of Utah;
Linda Vincent, Northwestern University;
Discussant: Emma Yan Peng, Fordham University
CEO Compensation, Pension Plan Funding Status, and Pension Discount Rate Assumptions
Steven Balsam, Temple University;
Fang Sun, Temple University;
Discussant: Barbara A. Lougee, University of San Diego
Compensation Peer Groups and the Relation with CEO Compensation
Brian D Cadman, University of Utah;
Mary Ellen Carter, Boston College;
Discussant: Wenli Huang, Boston University
2.17. Mitigating Agency Costs - Banks and Boards
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Accounting for Banks, Capital Regulation and Risk-Taking
Jing Li, Columbia University;
Discussant: To Be Announced
To Use or Not To Use - An Empirical Study of Visible Reserves in Bank Accounting in the Light of Regulatory Requirements and Informational Asymmetries
Sven Bornemann, University of Muenster;
Susanne Homoelle, Chair of Banking and Finance, University of Rostock;
Carsten Hubensack, Finance Center Muenster, University of Muenster;
Andreas Pfingsten, University of Muenster;
Discussant: Jane M Weiss, Washington & Lee University
What if They Had to Pick a Team?: Employee Representation and the Management of Earnings
Maria Ivanova Vulcheva, PhD Student, Emory University;
Discussant: Jacquelyn Sue Moffitt, LSU
2.18. Theoretical Modeling in Financial Accounting
(NASBA Field of Study: Accounting)
Moderator: S. M. Khaild Nainar, McMaster University
Stock Repurchases and Executive Compensation Contract Design: The Role of Earnings Per Share Performance Conditions
Jing Yang, Towers Perrin;
Steven Young, Lancaster University;
Discussant: Amir Amel-Zadeh, Judge Business School, University of Cambridge, UK
Capital Structure, Cost of Capital, and Voluntary Disclosures
Jeremy Bertomeu, Northwestern University;
Anne Beyer, Stanford University;
Ronald A. Dye, Northwestern University;
Discussant: Amir Amel-Zadeh, Judge Business School, University of Cambridge, UK
A Critique and Extension of Some Major Theoretical Works on Disclosure
Zemin Lu, ZHUHAI CITY CHINA;
Discussant: Ivan Marinovic, Northwestern University
Monday August 3, 2009 — 4:00 pm-5:30 pm
3.13. Accounting Sampler: Lobbying, Offshore Financing, and Muti-National Companies
(NASBA Field of Study: Accounting)
Moderator: Mary L Fischer, The University of Texas at Tyler
Congressional Lobbying Activity and Accounting Conservatism
Albert Tsang, The Chinese University of Hong Kong;
Discussant: Christina Mashruwala, Baruch College - CUNY
The Governance of Offshore Firms:
Implications for Financial Reporting
Art Durnev;
Tiemei Sarah Li;
Michel Magnan;
Discussant: Rachna Prakash, College of William and Mary
A Study of Foreign Earnings Management Using an Empirical Distribution Approach
Nancy Manzhen Fan, California State Polytechnic University, Pomona;
Discussant: To Be Announced
3.14. Analysts' Coverage and Analysts' Notes
(NASBA Field of Study: Accounting)
Moderator: Siyi Li, Univ. of Illinois at Urbana-Champaign
Do Analysts’ Notes Provide New Information?
Gus De Franco, University of Toronto - Rotman School of Management;
Ole-Kristian Hope, University of Toronto - Rotman School of Management;
Discussant: David A. Maber, Harvard Business School
Analyst Familiarity and IPO Firm Coverage
Patricia C O'Brien, University of Waterloo;
Hongping Tan, University of Waterloo;
Discussant: Davit Adut, University of Cincinatti
Can Companies Buy Credible Analyst Research?
Marcus Kirk, Emory University;
Discussant: Yonca Ertimur, Duke University
3.15. Bond Ratings
(NASBA Field of Study: Accounting)
Moderator: Sanjian Bill Zhang, McGill University
Informativeness of ratings and resource allocation effects
Ivan Marinovic, Kellogg School of Management;
Swaminathan Sridharan, Kellogg School of Management;
Discussant: Regina Wittenberg Moerman, University of Chicago GSB
Rating Agency Adjustments to GAAP Financial Statements and their Effect on Ratings and Bond Yields
Pepa Kraft, University of Chicago Booth School of Business;
Discussant: Shyam V Sunder, Northwestern University
Accounting and Real Activities Choices of Firms in the Riskiest Investment Credit Rating Category
Kareen E. Brown, University of Waterloo;
Vincent Chen, National University of Singapore;
Myungsun Kim, SUNY at Buffalo;
Discussant: Joanna S Wu, University of Rochester
3.16. Corporate Governance and Earnings Management
(NASBA Field of Study: Accounting)
Moderator: Duane Kennedy, University of Waterloo
It’s Showtime: Do Managers Manipulate Stock Prices before Annual Shareholder Meetings?
Valentin Dimitrov, Rutgers University;
Prem C Jain, Georgetown University;
Discussant: Zvi Singer, McGill University
The Relation between Earning Informativeness, Earnings Management and Corporate Governance in the Pre- and Post-SOX periods
Jui-Chin Chang, Howard University;
Huey-Lian Sun, Morgan State University;
Discussant: Marcus Caylor, University of South Carolina
Impact of the Sarbanes-Oxley Act on the Relationship between Debt Covenant Violation and Earnings Management
Hassan R. HassabElnaby, The University of Toledo;
Diana Franz, The University of Toledo;
Gerald J. Lobo, University of Houston;
Discussant: Liandong Zhang, Concordia University
3.17. FASB-IASC-SEC Update
(NASBA Field of Study: Accounting)
Moderator: Terry D Warfield, University of Wisconsin
Panelists:
Mary Barth, Stanford University
James Kroeker, U.S. Securities And Exchange Commission
Thomas Linsmeier, Financial Accounting Standards Board
3.18. Is Accounting Conservatism a Good Thing? You Betcha.
(NASBA Field of Study: Accounting)
Moderator: Anup Srivastava, Northwestern University
Accounting conservatism and corporate payout policy
Henock Louis, Penn State University;
Oktay Urcan, London Business School;
Discussant: ramgopal venkataraman, Southern Methodist University
Value of cash holdings and accounting conservatism
Henock Louis, Penn State University;
Amy Sun, Penn State University;
Oktay Urcan, London Business School;
Discussant: ramgopal venkataraman, Southern Methodist University
The Allowance for Uncollectible Accounts, Conservatism, and Earnings Management
Scott B Jackson, University of South Carolina;
Kelvin X.T. Liu, Northeastern University;
Discussant: K. Ramesh, Michigan State University
3.19. Pension Accounting
(NASBA Field of Study: Accounting)
Moderator: Barbara A. Lougee, University of San Diego
Defined Benefit Pension Sponsors and Market Prices: Early Evidence from Pension Accounting Reform
Robin L Knowles, University of Connecticut;
Economic Consequences of SFAS No. 158
Abraham N Fried, Seton Hall University;
Pension Disclosures and the Value Relevance of Interim Financial Reports: The Case of SFAS 132R
Wael Aguir, The University of Texas at San Antonio;
Sharad Asthana, The University of Texas at San Antonio;
The Smoothing of Pension Expenses: A Panel Analysis
Xiaowen Jiang, University of Cincinnati;
3.20. Segment Reporting
(NASBA Field of Study: Accounting)
Moderator: Joseph H Anthony, Michigan State University
Segment Reporting: Does the market fully reflect segment-level to firm-level reconciliations?
Dana Hollie, Louisiana State University;
Robin Tarpley, George Washington University;
Shaokun Carol Yu, Northern Illinois University;
Discussant: Daniel Cohen, New York University
Earnings Management at the Segment Level
Rebecca N Hann, University of Maryland;
Yvonne Y Lu, University of Southern California;
Discussant: Daniel Cohen, New York University
The complementarity between segment disclosure and earnings quality, and its effect on cost of capital
Belen Blanco Pelaez, Universidad Carlos III de Madrid;
Juan Manuel Garcia Lara, Universidad Carlos III de Madrid;
Josep Antoni Tribo Gine, Universidad Carlos III de Madrid;
Discussant: Daniel Cohen, New York University
3.21. Stock Trading
(NASBA Field of Study: Accounting)
Moderator: Praveen Sinha, Chapman University
Information Flow and Stock Returns
Foong Soon Cheong, Yale University;
Discussant: Preeti Choudhary, Georgetown University
Corporate Governance and Liquidity: An Exploration of Voluntary Disclosure, Analyst Coverage and Adverse Selection as Mediating Mechanisms
Beng Wee Goh, Singapore Management University;
Jeffrey Ng, Massachusetts Institute of Technology;
Kevin Ow Yong, Singapore Management University;
Discussant: Mikhail Pevzner, George Mason University
The Effect of Short Selling on Market Reactions to Earnings Announcements
Dennis Lasser, Binghamton University - State University of New York;
Xue Wang, Binghamton University - State University of New York;
Yan Zhang, Binghamton University - State University of New York;
Discussant: To Be Announced
3.22. Voluntary Disclosure and Corporate Governance
(NASBA Field of Study: Accounting)
Moderator: Yanmin Gao, University of Alberta
Corporate governance and impression management in annual results press releases
Beatriz García Osma, Universidad Autónoma de Madrid;
Encarna Guillamon-Saorin, Universidad Carlos III de Madrid;
Discussant: Barbara Grein, Drexel University
Sell-in versus Sell-through Revenue Recognition: An Examination of Firm Characteristics and Financial Information Quality
Stephanie J Rasmussen, University of Texas at Arlington;
Discussant: Kristian D Allee, Michigan State University
Does Corporate Governance Reduce Information Asymmetry of Intangibles? Evidence from High-Tech Firms' Voluntary Disclosures
Chih-Hsien Liao, National Taiwan University;
Discussant: Xue Wang, Emory University
Tuesday August 4, 2009 — 10:15 am-11:45 am
4.12. Accounting Choice
(NASBA Field of Study: Accounting)
Moderator: Bala Dharan, Charles River Associates (CRA)
Earnings Smoothing and Derivative Restatements
Jayanthi Krishnan;
Chunwei Xian, Temple University;
Electric Utility Companies' Pre- and Post-Implementation Review of SFAS 143
Martha A. Fasci, The University of Texas at San Antonio;
David Ramirez, Valero Corporation ;
Veronda Willis, The University of Texas at Tyler;
SAB 74 Disclosure of the Expected Financial Statement Impact
of a New Accounting Standard: The Case of FIN 48
Raquel Alexander, University of Kansas;
Michael Ettredge, University of Kansas;
Mary Stone, University of Alabama;
Lili Sun, University of North Texas;
The economic consequences of changes in financial statement presentation: The case of discontinued operations
Asher Curtis, University of Utah;
Sarah McVay, University of Utah;
Mindy S. Wolfe, University of Utah;
4.13. Accounting Sampler: Corporate Governance and Earnings Management
(NASBA Field of Study: Accounting)
Moderator: George Mansour, DeVry College of New York
The Role of Disaggregated Accounting Data and Ratio Analysis in Detecting and Suppressing Earnings Management
Eli Amir, London Business School;
Eti Einhorn, Tel Aviv University;
Itay Kama, Tel Aviv University;
Discussant: Laxmikantham. Dr. Padakanti, Addis Ababa University
Industry Product Market Competition and Corporate Governance
Christo Karuna, University of California at Irvine;
Discussant: Julie S Persellin, Texas State University
Can a Code of Ethics Affect Management Behavior and Investor Confidence? Some Intuition and Experimental Evidence
Bruce Davidson, Florida State University;
Douglas E. Stevens, Florida State University;
Discussant: To Be Announced
4.14. Capital Markets and Earnings
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Does Earnings Acceleration Convey Information?
Ying Cao, The Chinese University of Hong Kong;
Linda A Myers, University of Arkansas;
Theodore Sougiannis, University of Illinois and ALBA;
Discussant: To Be Announced
Option Market Asymmetries, Earnings Surprises, and Future Returns
Eric C. So, Stanford University;
Discussant: Mary Billings, New York University
The Value Relevance of Earnings Levels in the Return-Earnings Relation
Simon Yang, Adelphi University ;
Discussant: Dina F El-Mahdy, Virginia Commonwealth University
4.15. Capital Markets and Forecasts
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Sell Recommendations, Market Sentiment, and Analyst Credibility
Gilles Hilary, Hong Kong University of Science and Technology;
John Shon, Fordham University;
Discussant: Andrew C. Call, University of Georgia
The Effect of Ex-Ante Management Forecast Accuracy on the Post-Earnings-Announcement Drift
Li Zhang, London Business School;
Discussant: Qiuhong Zhao, University of Colorado, Boulder
Disaggregation and the Quality of Management Earnings Forecasts
Clara Chen, University of Illinois;
Rajib Doogar, University of Illinois;
Laura Yue Li, University of Illinois;
Theodore Sougiannis, University of Illinois;
Discussant: Kevin Hee, San Diego State University
4.16. Corporate Governance: Board of Directors
(NASBA Field of Study: Accounting)
Moderator: Yan Peng, Fordham University
Director Capital and Corporate Disclosure Quality
David Reeb, Temple University;
Wanli Zhao, Worcester Polytechnic Institute;
Discussant: Ahmed M. Abdel-Meguid, Ain Shams University
Equity Incentives, Corporate Governance, and Earnings Management
Anwer S. Ahmed, Texas A&M University;
Scott Duellman, SUNY Binghamton;
Ahmed M Abdel-Meguid, Ain Shams University;
Discussant: Christine E Tan, Fordham University
Should the Outgoing CEOs Remain as Chairman of the Board of Directors Even After CEO Turnover?
Yoon-Suk Baik, Korea Advanced Institute of Science and Technology ;
Byungjin Kwak, Korea Advanced Institute of Science and Technology;
Inho Suk, State University of New York at Buffalo;
Discussant: T. Jeffrey Wilks, Brigham Young University
4.17. Debt Covenants and Accounting Conservatism
(NASBA Field of Study: Accounting)
Moderator: Jayanthi Sunder, Northwestern University
Debt-Contracting Efficiency of Accounting Conservatism
Ningzhong Li, University of Chicago Booth School of Business;
Discussant: Bharat Sarath, CUNY/Baruch & Rutgers
Information Asymmetry and the Debt Contracting Demand for Accounting Conservatism: An Analytical and Empirical Analysis
Jeffrey L. Callen, University of Toronto;
Feng Chen, University of Toronto;
Yiwei Dou, University of Toronto;
Baohua Xin, University of Toronto;
Discussant: Angela Wheeler Spencer, Oklahoma State University
4.18. Modeling Earnings Information
(NASBA Field of Study: Accounting)
Moderator: Devin Shanthikumar, Harvard Business School
Correlated Errors
Jochen Lawrenz, University of Innsbruck;
Alex Weissensteiner, University of Innsbruck;
Discussant: Devin Shanthikumar, Harvard Business School
The Impact of Accounting Distortions on Measures of Performance, Growth, and Valuation
Cheng Y Lai, University of New South Wales;
Discussant: tong lu, university of houston
The Abnormal Earnings Growth Model, Two Exogenous Interest Rates, and Company Taxes
Peter Jennergren, Stockholm School of Economics;
Kenth H. G. Skogsvik, Stockholm School of Economics;
Discussant: Xiaojing Meng, Columbia University
4.19. Non-Accounting Information
(NASBA Field of Study: Accounting)
Moderator: Alicia J Jackson, Susquehanna University
The Press and Local Information Advantage
Gregory Miller, University of Michigan;
Devin M. Shanthikumar, Harvard Business School;
Discussant: Christine Petrovits, NYU
Damned out of their own mouth: CEO overconfidence in M&A decision-making and its impact on firm performance
Yue Liu, University of Edinburgh Business School;
Discussant: Marinilka B Kimbro, Gonzaga University
Do managers use pro forma earnings disclosures to cater to investor sentiment?
Nerissa C. Brown, University of Southern California;
Theodore E. Christensen, Brigham Young University;
W. Brooke Elliott, University of Illinois at Urbana-Champaign;
Richard D. Mergenthaler, University of Iowa;
Discussant: Dov Fischer, Kean University
4.20. Regulation FD - Non-US Firms
(NASBA Field of Study: Accounting)
Moderator: Fred Choi, New York University
Fair Disclosure, Information Environment, and Information Asymmetry
Lee-Seok Hwang, Seoul National University;
Woo-Jong Lee, The Hong Kong Polytechnic University;
Ho-Shik Shim, Seoul National University;
Discussant: Stephen A. Hillegeist, INSEAD
Causes and Consequences of Cross-Listed Firms' Voluntary Adoption of U.S. Securities Laws: The Case of Regulation Fair Disclosure
Michael Crawley, University of Texas at Austin;
Bin Ke, Penn State University;
Yong Yu, University of Texas at Austin;
Discussant: Fred Choi, New York University
Intraday Market Response to Corporate Disclosure Subject to Regulation Fair Disclosure: Evidence from the Korean Stock Market
Bryan Byung-Hee Lee, United International College, Zhuhai, China & Seoul National University;
Discussant: Jaywon Lee, Korea Advanced Institute of Science and Technology (KAIST)
4.21. Value Relevance of R&D
(NASBA Field of Study: Accounting)
Moderator: Michael Kimbrough, Harvard Business School
Further Evidence on the Relation between the Uncertainty of Future Operating Performance and R&D Expenditures: The Role of R&D Inputs and Outputs
Shail Pandit, University of Illinois - Chicago;
Charles Wasley, University of Rochester;
Tzachi Zach, The Ohio State University;
Discussant: atul rai, Wichita State University
Value-Relevance of Accounting Information for Intangible-Intensive Industries and the Impact of Scale Factor
Mustafa Ciftci, SUNY at Binghamton;
Discussant: Michael Kimbrough, Harvard Business School
4.22. Voluntary Disclosure and Capital Markets
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Bundling of Earnings and Non-Earnings-Related Forward Looking Disclosures
Richard Lu, University of Florida;
Jennifer Wu Tucker, University of Florida;
Discussant: Isabel Wang, Michigan State University
Management Disclosure around Seasoned Equity Offerings
Amy X. Sun, Pennsylvania State University;
Weining Zhang, University of Texas at Dallas;
Discussant: Salma Ibrahim, Morgan State University
Voluntary Disclosure of Financial Statement Information in Quarterly Earnings Announcements and Its Impact on Trading Activities of Investors and Information Asymmetry
Sunyoung Kim, The Chinese University of Hong Kong;
Jason Lee, University of Alberta;
Discussant: Changjiang Wang, Florida International University
Tuesday August 4, 2009 — 2:00 pm-3:30 pm
5.13. Accounting Conservatism and the Firm's Investment Decisions
(NASBA Field of Study: Accounting)
Moderator: Matthew Wieland, University of Georgia
The Effect of Institutional Investors' Incentives for Monitoring Versus Trading
on their Demand for Accounting Conservatism
Santhosh M Ramalingegowda, University of Georgia;
Yong Yu, University of Texas at Austin;
Discussant: Matthew Wieland, University of Georgia
Timely Loss Recognition and the Early Termination of Unprofitable Projects
Anup Srivastava, Northwestern University;
Senyo Tse, Texas A&M University;
Discussant: Michael Crawley, The University of Texas at Austin
Conditional Conservatism and Firm Investment Efficiency
Juan Manuel García Lara, Universidad Carlos III de Madrid;
Beatriz García Osma, Universidad Autónoma de Madrid;
Fernando Penalva, IESE Business School, University of Navarra;
Discussant: Kevin D. Melendrez, New Mexico State University
5.14. Chief Financial Officers
(NASBA Field of Study: Accounting)
Moderator: Catherine Chiang, Elon University
Do Managers Benefit from Superior Forecasting?
Valentina L Zamora, Boston College;
Discussant: Richard Mergenthaler, University of Iowa
Do CFOs Have Styles of Their Own? An Empirical Investigation of the Effect of Individual CFOs on Financial Reporting Practices
Weili Ge, University of Washington;
Dawn Matsumoto, University of Washington;
Jenny Li Zhang, University of British Columbia;
Discussant: Richard Mergenthaler, University of Iowa
Why Do CFOs Become Involved in Material Accounting Manipulations?
Mei Feng, University of Pittsburgh;
Weili Ge, University of Washington;
Shuqing Luo, University of Pittsburgh;
Terry Shevlin, University of Washington;
Discussant: Richard Mergenthaler, University of Iowa
5.15. Consequences of Restatements
(NASBA Field of Study: Accounting)
Moderator: Karen M Hennes, University of Oklahoma
Information Uncertainty and Restatement Announcements: Evidence from Informed Trading
Brad Badertscher, University of Notre Dame;
Paul Hribar, University of Iowa;
Nicole Thorne Jenkins, Vanderbilt University;
Discussant: Susan M Young, CUNY Baruch
Do Financial Restatements Lead to Greater Conservatism?
William D. LaGore, Eastern Michigan University;
Richard M. Morton, Florida State University;
Discussant: Brian P. Miller, Indiana University
The consequence of aggressive financial reporting: The case of external financing
Xia Chen, University of Wisconsin-Madison;
Qiang Cheng, University of Wisconsin-Madison;
Alvis Lo, University of British Columbia;
Discussant: Li Zhang, London Business School
5.16. Corporate Governance: SOX, Audit Committees, Executive Compensation
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Audit committee financial expertise, corporate governance, and the voluntary switch from auditor-provided to non-auditor-provided tax services.
Susan Albring, Syracuse University;
Dahlia M Robinson, University of South Florida;
Michael N Robinson, Arizona State University;
Discussant: Xiaochuan Zheng, Bryant University
SOX, corporate transparency, and the cost of debt
Sandro C. Andrade, University of Miami;
Sandro C. Andrade, University of Miami;
Gennaro Bernile, University of Miami/Securities & Exchange Commission;
Frederick M. Hood, Virginia Tech;
Discussant: Huijing Fu, Texas Christian University
Is CEO Cash Compensation Punished for Poor Firm Performance?
Ken Shaw, University of Missouri;
May Zhang, University of Missouri;
Discussant: Mary Ellen Carter, Boston College
5.17. Earnings Properties
(NASBA Field of Study: Accounting)
Moderator: Siva Nathan, Georgia State University
Fundamentals or Managerial Discretion?
The Relationship between Accrual Variability and Future Stock Return Volatility
Yaowen Shan, University of Technology-Sydney;
Stephen L Taylor, University of Technology-Sydney;
Terry Walter, University of Technology-Sydney;
Discussant: Troy Janes, Rutgers School of Business-Camden
Time-series properties of financial directions and ratios
Paul V Dunmore, Massey University;
Discussant: Zane Swanson, University of Central Oklahoma
5.18. Implications of Using IFRS on Firm and Investor Decisions
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Earnings Smoothing Via Provisions: IFRS vs. German GAAP
Martin Glaum, Justus-Liebig-University, Giessen, Germany;
Stefanie Kaiser, Justus-Liebig-University, Giessen, Germany;
Jens Lindemann;
Discussant: Wendy Wilson, Southern Methodist University
IFRS Adoption and Debt Contracting
Annita Florou, University of Macedonia;
Urska Kosi, University of Macedonia & Lancaster University;
Discussant: Feng Chen, University of Toronto
Do Principles-based Standards Improve Accounting Quality? Evidence from China’s Convergence to IFRS
Yongtao Hong, North Dakota State University;
Gordian Ndubizu, Drexel University;
Discussant: Rodney Redding, Georgia State University
5.19. Information and the Cost of Equity Capital
(NASBA Field of Study: Accounting)
Moderator: Partha S Mohanram, Columbia Business School
Information Asymmetry and the Increase in Expected Stock Returns before Earnings Announcements
Shai Levi, UC Berkeley;
Xiao-Jun Zhang, UC Berkeley;
Discussant: Partha S Mohanram, Columbia Business School
Voluntary Non-Financial Disclosure and the Cost of Equity Capital: The Case of Corporate Social Responsibility Reporting
Dan Dhaliwal, University of Arizona;
Oliver Zhen Li , University of Arizona;
Albert Tsang, The Chinese University of Hong Kong;
George Yang, The Chinese University of Hong Kong;
Discussant: To Be Announced
The Impacts of Intrinsic Information Asymmetry, Extrinsic Information Asymmetry and Managerial Entrenchment on Implied Cost of Equity Capital
Dev Mishra, Edwards School of Business, University of Saskatchewan;
Keshab Shrestha, Nanyang Business School, NTU, Singapore;
Discussant: To Be Announced
5.20. Using Accounting Data to Earn Abnormal Stock Returns - 2
(NASBA Field of Study: Accounting)
Moderator: Paul Zarowin, New York University
A portfolio demand view of accounting-based trading strategies
Jeremiah Green, UNC Chapel Hill;
John R.M. Hand, UNC Chapel Hill;
Discussant: Mozaffar Khan, MIT
Balance Sheet Growth and the Predictability of Stock Returns
Louis K. C. Chan, University of Illinois;
Jason Karceski, University of Florida;
Josef Lakonishok, University of Illinois;
Theodore Sougiannis, University of Illinois and ALBA;
Discussant: Yoshie Saito Lord, Georgia College and State University
Expected Mispricing: The Joint Influence of Accounting Transparency and Investor Base
W. Brooke Elliott, University of Illinois at Urbana-Champaign;
Susan D. Krische, University of Illinois at Urbana-Champaign;
Mark E. Peecher, University of Illinois at Urbana-Champaign;
Discussant: Khaled Abdou, Penn State University - Berks Campus
5.21. Ways the Market Uses Analyst and Management Forecasts
(NASBA Field of Study: Accounting)
Moderator: Davit Adut, University of cincinatti
The Earnings Numbers Game:
Rewards to Walk Down and Penalties to Walk Up
Of Analysts’ Forecasts of Earnings
Siew Hong Teoh, UCI;
Yong (George) Yang, Chinese University of Hong Kong;
Yinglei Zhang, Chinese University of Hong Kong;
Discussant: Gia Chevis, Baylor University
The Existence and Value-Relevance of Financial Analysts' Long-Term Growth Forecasts
Boochun Jung, University of Hawai’i at Manoa Shidler College of Business;
Philip B. Shane, University of Colorado at Boulder Leeds School of Business, and University of Auckland Business School ;
Sunny Yanhua Yang, University of Texas at Austin Red McCombs School of Business ;
Discussant: Jian Cao, Florida Atlantic University
Are management forecasts still relevant after analysts revise their earnings expectations? Some empirical evidence
Sandip Dhole, University of Houston;
Sagarika Mishra, Deakin University, Burwood, Australia;
Konduru Sivaramakrishnan, University of Houston;
Discussant: Suning Zhang, George Mason University
Tuesday August 4, 2009 — 4:00 pm-5:30 pm
6.12. Analysts' Forecasts
(NASBA Field of Study: Accounting)
Moderator: Susan M Young, CUNY Baruch
The Profitability of Analysts’ Stock Recommendations: Is Estimating Intrinsic Value All That Matters?
Mark Bagnoli, Purdue University;
Michael Clement, The University of Texas at Austin;
Michael Crawley, The University of Texas at Austin;
Susan Watts, Purdue University;
Discussant: Phil Shane, University of Colorado
Task Complexity, Expertise and Accuracy of Earnings Forecasts
Dipankar Ghosh, University of Oklahoma;
Lori Olsen, North Dakota State University;
Discussant: Foong Soon Cheong, Yale University
All star coverage and corporate transparency
Yinghua Li, Purdue University;
P. Raghavendra Rau, Barclays Global Investors and Purdue University;
Jin Xu, Purdue University;
Discussant: Stephannie A Larocque, Rotman School of Management
6.13. Assessing Risk
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
The Timing of Forecast Revision, the Sources of Value in Analysts’ Earnings Forecasts, and Analyst Characteristics
Yongtae Kim, Santa Clara University ;
Minsup Song, Sogang University;
Discussant: Jeffrey Hales, Georgia Institute of Technology
Large price changes, price reversal, overreaction and firm characteristics
Mukesh Garg, Monash University;
Discussant: Paul Zarowin, New York University
Measurement and application of investment portfolio risk:Application of D&D(2002) model
Shen-Ho Chang, Feng-Chia University;
Yahn-Shir Chen, National Yunlin University of Science and Technology;
Mei-Ting Huang, National Yunlin University of Science and Technology;
Discussant: Joel Jameson, Silicon Economics, Inc.
6.14. Consequences of Fair Value Accounting
(NASBA Field of Study: Accounting)
Moderator: Cathy Shakespeare, University of Michigan
Do Voluntary Disclosures that Disavow the Reliability of Mandated Fair Value Information Reflect Legitimate Concerns About Reliability?
Walter G Blacconiere, Indiana University;
James R Frederickson, The University of Melbourne;
Marilyn F Johnson, Michigan State University;
Melissa F Lewis, University of Utah;
Discussant: Cathy Shakespeare, University of Michigan
Does Fair Value Accounting for Liabilities Mislead Non-Professional Investors?
Maik Lachmann, University of Muenster;
Arnt Woehrmann, University of Muenster;
Andreas Woempener, University of Muenster;
Discussant: Cathy Shakespeare, University of Michigan
Does Fair Value Accounting Contribute to Systemic Risk in the Banking Industry?
Urooj Khan, Columbia Business School;
Discussant: Cathy Shakespeare, University of Michigan
6.15. Corporate Governance
(NASBA Field of Study: Accounting)
Moderator: David G DeBoskey, San Diego State University
When the CEO is also the Chair of the Board
Aloke Ghosh, Baruch College (CUNY);
Doocheol Moon, Yongsei University;
Discussant: Christo Karuna, University of California at Irvine
The Structure of Executive Stock Option Compensation and the Cost of Debt
Erik Devos, University of Texas at El Paso;
Andrew Prevost, Ohio University;
Ramesh Rao, Oklahoma State University;
Discussant: David G DeBoskey, San Diego State University
Contracting over restated financials: the emergence of clawback provisions
Noel Addy, Mississippi State University;
Xiaoyan Chu, Mississippi State University;
Timothy Yoder, Mississippi State University;
Discussant: Mark E. Evans, Indiana University
6.16. Earning Abnormal Stock Returns - 2
(NASBA Field of Study: Accounting)
Moderator: Chad R Larson, Washington University in St. Louis
Deferred Revenues and the Matching of Revenues and Expenses
Rachna Prakash, Mason School of Business, College of William and Mary;
Nishi Sinha, Boston University;
Discussant: Clayton L Forester, University of Minnesota
Do Auditors Know More Than The Market
Marc Picconi, Indiana University;
Kenny Reynolds, Indiana University;
Discussant: Mark A Clatworthy, Cardiff Business School
Debt Contract Information and Stock Return: Evidence from China’s Banking System
Ji gao Zhu, Peking University - Guanghua School of Management;
Zheng fei Lu, Peking University - Guanghua School of Management;
Ran Zhang, Peking University - Guanghua School of Management;
Kang tao Ye, Renmin University of China- School of Business;
Discussant: Nolan Y Kido, University of Hawaii at Manoa
6.17. Effects of Implementing IFRS
(NASBA Field of Study: Accounting)
Moderator: Robert Rambo, Providence College
Why Do Countries Adopt International Financial Reporting Standards?
Karthik Ramanna, Harvard Business School ;
Ewa Sletten, Massachusetts Institute of Technology;
Discussant: Tom Lechner, University of Utah
A Survey of IFRS Accounting Choices:
Learning from European firms that used US-GAAP prior to IFRS
Angela L.J. Hwang, Eastern Michigan University;
Steve Lin, Florida International University;
Discussant: Steve Crawford, Rice University
Implementation of International Financial Reporting Standards and the Quality of Financial Statement Information
George Iatridis, University of Thessaly, Department of Economics & Public Oversight Board, Ministry of Finance and Economics, Greece;
Discussant: Mary L Fischer, The University of Texas at Tyler
6.18. Equity Valuation
(NASBA Field of Study: Accounting)
Moderator: Christine Botosan, University of Utah
Equity Valuation in the Presence of Accounting Noise:Empirical Evidence using Profit Margins
Eli Amir, London Business School;
Eti Einhorn, Tel Aviv University;
Itay Kama, Tel Aviv University;
Discussant: Terrance Skantz, Florida Atlantic University
When Does Information Asymmetry Affect the Cost of Capital?
Christopher S. Armstrong, The Wharton School, University of Pennsylvania;
John Core, The Wharton School, University of Pennsylvania;
Daniel Taylor, Stanford Graduate School of Business;
Robert Verrecchia, The Wharton School, University of Pennsylvania;
Discussant: Christine Botosan, University of Utah
Accounting-based Composite Market Multiples and Equity Valuation
Kelly Chan, University of Technology, Sydney;
Discussant: Wan-Ting Wu, Arizona State University
6.19. Financial Accounting and the External Auditor
(NASBA Field of Study: Accounting)
Moderator: Ken Shaw, University of Missouri
Audit Quality and Auditor Reputation:
Evidence from Japan
Douglas J Skinner, University of Chicago Booth School of Business;
Suraj Srinivasan, Harvard Business School;
Discussant: Joachim Gassen, Humboldt University Berlin
Determinants of audit engagement length: The role of abnormal accruals
Steven H Lustgarten, Baruch College, City University of New York;
John Shon, Fordham University;
Discussant: Jeanne Calderon, New York
6.20. Financial Reporting and Financial Stability: Part of the Problem or Part of the Solution?
(NASBA Field of Study: Finance)
Moderator: Robert Hodgkinson, Institute of Chartered Accountants in England and Wales
Panelists:
Robert Herz, Financial Accounting Standards Board
Stephen Ryan, New York University, Leonard N Stern School of Business
Haresh Sapra, University of Chicago Booth School of Business
Sarah Smith, Goldman Sachs
6.21. Modeling the Information Environment
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Analyst Information Acquisition and Communication
Paul E. Fischer, Pennsylvania State University;
Phillip C. Stocken, Dartmouth College;
Discussant: Ram Ramanan, University of California, Davis
An Analytical Investigation of Economic Consequences of Regulation Fair Disclosure
Bjorn Jorgensen, University of Colorado at Boulder;
Jing Li, Columbia University;
Nahum Melumad, Columbia University;
Discussant: Zhen Liu, University at Buffalo, SUNY
The Relative Efficiency of Authority vs. Custom in Setting Accounting Standards
Sudipta Basu, Fox School of Business, Temple University;
Paul E. Madsen, Goizueta Business School, Emory University;
David Reppenhagen, Goizueta Business School, Emory University;
Gregory Waymire, Goizueta Business School, Emory University;
Discussant: Jeremy Bertomeu, Northwestern University
6.22. Three Types of Debt: Loans, Bonds, and Convertible Debt
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Price Discovery and Dissemination of Private Information by Loan Syndicate Participants
Robert Bushman, The University of North Carolina at Chapel Hill;
Abbie Smith, The University of Chicago Graduate School of Business;
Regina Wittenberg-Moerman, The University of Chicago Graduate School of Business;
Discussant: Peter Demerjian, Emory University
The Valuation Implications of Financial Statement Recasting for Credit Risk Assessment
George Batta, Claremont McKenna College;
Ananda Ganguly, Claremont McKenna College;
Joshua Rosett, Claremont McKenna College;
Discussant: Robert Pawlewicz, Baruch College - CUNY
Transaction structuring and Canadian convertible debt
Thomas W. Scott, University of Alberta;
Christine I. Wiedman, University of Waterloo;
Heather A. Wier, University of Alberta;
Discussant: Carol Marquardt, Baruch College, CUNY
Wednesday August 5, 2009 — 10:15 am-11:45 am
7.15. Accounting Conservatism
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
The Association between Intra-firm Profit Smoothing and Timely Loss Recognition
Daniel Arthur Bens, University of Arizona;
Steven J Monahan, INSEAD;
Logan Steele, University of Arizona;
Discussant: Sung S Kwon, York University
Non-conservative accounting and the adaptation option
Mitchell Oler, Virginia Polytechnic Institute and State University;
Discussant: Long Chen, George Mason University
Accounting Conservatism and Debt Contracts: Efficient Liquidation and Covenant Renegotiation
Jing Li, Columbia University;
Discussant: Dr Mallikarjun G Hiremath, Commerce,Accountancy & Management
7.16. China/Asia-Pacific Accounting Research: Big Unanswered Questions
(NASBA Field of Study: Accounting)
Moderator: Bin Ke, Penn State University
Panelists:
Rajiv Banker, Temple University
Charles Lee, Stanford University
T. J. Wong, The Chinese University of Hong Kong
7.17. Cost of Debt
(NASBA Field of Study: Accounting)
Moderator: Yu Gao, University of Minnesota, Carlson School of Management, Department of Accounting
Corporate asset allocation volatility and the cost of debt
Divya Anantharaman, Columbia University;
Yuan Zhang, Columbia University;
Discussant: Jieying Zhang, University of Southern California
Does Beating Cash Flow Benchmarks Reduce the Cost of Debt?
Mauricio Adolfo Melgarejo, Purdue University;
Discussant: Richard Carrizosa, New York University
Earnings Predictability and Cost of Bank Loans
Jong Chool Park , Rensselaer Polytechnic Institute;
Qiang Wu, Rensselaer Polytechnic Institute;
Discussant: Marcus Kirk, Emory University
7.18. Earnings Management: Real and Accounting Based
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Accounting for Intangibles and Managerial Information
Mindy S. Wolfe, University of Waterloo;
Discussant: Kevin R. Smith, The University of Kansas
The effects of the integration of personal and corporate income taxes on capital structure and discretionary accruals
Wanncherng Wang, National Cheng Kung University;
Discussant: Edward N Balli, Aurora University
7.19. Empirical Testing of Accounting Theories
(NASBA Field of Study: Accounting)
Moderator: Susan F Havranek, Le Moyne College
Neglect of Multiplicity when Testing Families of Related Hypotheses
Sudipta Basu, Temple University;
Burt Holland, Temple University;
Fang Sun, Temple University;
Discussant: Robert Lipe, University of Oklahoma
Surprising Absence of Scale for Forecast Error and Forecast Dispersion Distributions
Foong Soon Cheong, Yale University;
Jacob K Thomas, Yale University;
Discussant: Robert Lipe, University of Oklahoma
14-Week Quarters
Rick Johnston, Ohio State University;
Andrew J. Leone, University of Miami;
Sundaresh Ramnath, University of Miami;
Ya-wen Yang, University of Miami;
Discussant: Victoria Dickinson, University of Florida
7.20. Meeting or Beating Expectations
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Do managers use meeting analyst forecasts to signal private information? – Evidence from patent citations
Tatiana Fedyk, Arizona State University ;
Katherine A Gunny, University of Colorado, Boulder;
Tracey Zhang, Singapore Management University;
Discussant: Meng Yan, Fordham University
Crossing the red line: An examination of inter-temporal shifts in earnings management to report small annual profits
Joseph Kerstein, Yeshiva University;
Atul Rai, Wichita State University;
Discussant: Abhijit Barua, Florida International University
Managers’ Incentives to Avoid Meeting or Beating Earnings Expectations: The Role of Open Market Repurchases
Bruce K. Billings, Florida State University;
Richard M. Morton, Florida State University;
Tianming Zhang, Florida State University;
Discussant: Vivian W. Fang, Rutgers University
7.21. Modeling Director and Management Behavior
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
The Effects of Litigation Risk on Board Oversight and CEO Incentive Pay
Volker Laux, University of Texas at Austin;
Discussant: Merle Ederhof, Yale School of Management
Target beating and earnings management
Joshua Ronen, New York University;
Varda Yaari, Morgan State University;
Hila Bracha Yaari Fogel;
Discussant: Anup Srivastava, Northwestern University
Disagreement, Short Sale Constraints,
and Speculative Trading Before Earnings Announcements
Henk Berkman, Auckland University;
Paul D Koch, University of Kansas;
Discussant: To Be Announced
7.22. Modeling Regulation and Corporate Governance
(NASBA Field of Study: Accounting)
Moderator: Scott E Miller, Gannon University
Reporting Bias with an Audit Committee
Judson A Caskey, UCLA Anderson School of Management;
Venky Nagar, University of Michigan;
Paolo Petacchi, University of Massachusetts Dartmouth;
Discussant: Bharat Sarath, CUNY/Baruch & Rutgers
Earnings Management in Dynamic Settings
Yutaro Murakami, Keio Business School;
Atsushi Shiiba, Osaka University;
Discussant: Denise Silva Ferreira Juvenal, Prefeitura da Cidade do Rio de Janeiro - Controladoria Geral do Município
The Value Relevance of Carbon:
Assessing Competing Accounting Treatments
Stefan Veith, University of Bremen;
Joerg Richard Werner, University of Bremen;
Jochen Zimmermann, University of Bremen;
Discussant: Fatima Alali, California State University Fullerton
7.23. New Ways of Presenting Accounting Statements and Reports
(NASBA Field of Study: Accounting)
Moderator: Sherry F. Li, Rider University
XBRL and its financial reporting benefits: Capital market evidence
John Shon, Fordham University;
Christine Tan, Fordham University;
Discussant: Weining Zhang, University of Texas at Dallas
Increasing the Transparency and Information Content of Financial Statements Using Sparklines
Daniel P. Tinkelman, Hofstra University;
Discussant: Shankar Venkataraman, Georgia Tech.
Recognition, Recording, and Reporting in the Current Accounting Model and Events Theory
Sadaharu Takeshima, Kanazawa University;
George H. Sorter, New York University;
Discussant: Alireza Daneshfar, University of New Haven
7.24. Qualitative Disclosures
(NASBA Field of Study: Accounting)
Moderator: Khaled Abdou, Penn State University - Berks Campus
The Economic Consequences of Regulation G: Changes in Earnings Announcement Timing and Investor Responses
Robert Pawlewicz, City University of New York - The Graduate Center & Baruch College;
Discussant: Mark E. Evans, Indiana University
Is Qualitative Disclosure Informative? Evidence from IPO Prospectus
Karthik Balakrishnan, New York University;
Eli Bartov, New York University;
Discussant: Eddie Riedl, Harvard Business School
The Disclosure of Management Guidance in Conference Calls: Market Reaction and Determinants
Benjamin Nelson Lansford, Northwestern University;
Jimmy Lee, Northwestern University;
Jennifer Wu Tucker, University of Florida;
Discussant: Dongkuk Lim, University of Texas at Dallas
7.25. Using Accounting Data to Earn Abnormal Stock Returns - 1
(NASBA Field of Study: Accounting)
Moderator: Anne Leah Schnader, Bentley University
Market Reactions to Firm Growth and R&D Investment
Dain C. Donelson, University of Texas-Austin;
Robert J. Resutek, Tuck School of Business at Dartmouth;
Discussant: P. Eric Yeung, University of Georgia
Fundamental Analysis of Firm Performance following Strategic Alliance Announcements
Maureen Butler, University of South Florida;
Carolyn M Callahan, University of Memphis;
Rodney Smith, California State University Long Beach;
Discussant: Siyi Li, Univ. of Illinois at Urbana-Champaign
Market Pricing of SFAS 133 Cash Flow Hedge Accounting and U.S. Multinationals’ Derivatives Use
Stephen Makar, University of Wisconsin Oshkosh;
Li Wang, The University of Akron;
Pervaiz Alam, Kent State University;
Discussant: To Be Announced
Wednesday August 5, 2009 — 2:00 pm-3:30 pm
8.13. Accounting Accruals and Cash Flows from Operations
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Managers: Their Effects on Accruals and Firm Policies
Douglas DeJong, The University of Iowa;
Zhejia Ling, The University of Iowa;
Discussant: Markus Ampenberger, Technische Universität München
Cash Flow Patterns as a Proxy for Firm Life Cycle*
Victoria Dickinson, University of Florida;
Discussant: John Shon, Fordham University
Accrual Persistence and Growth
Qian Hao, Wilkes University;
Lee J Yao, Loyola University New Orleans;
Discussant: Robert J Resutek, Tuck School of Busines - Dartmouth
8.14. Book-Tax Conformity
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Reassessing the role of book-tax conformity
Igor Goncharov, University of Amsterdam Business School;
Joerg R Werner, Bremen University;
Discussant: Erlend Kvaal, Norwegian School of Management
Does Reporting Timeliness Affect Book-Tax Differences?
Igor Goncharov, University of Amsterdam, Amsterdam Business School;
Discussant: Steve Crawford, Rice University
Evidence on Motivations for Downward Earnings Management
Brad Badertscher, University of Notre Dame;
John Phillips, University of Connecticut;
Morton Pincus, University of California, Irvine;
Sonja Olhoft Rego, University of Iowa;
Discussant: Michael Ettredge, University of Kansas
8.15. Credit Markets
(NASBA Field of Study: Accounting)
Moderator: April Klein, New York University
Bondholder activism and delay in financial reporting
Yu Gao, University of Minnesota;
Yuan Gao, George Mason University, School of Management, Department of Finance;
Abbie Smith, University of Chicago;
Discussant: April Klein, New York University
Corporate Internal Control Disclosures and Credit Ratings
Aaron Crabtree, University of Nebraska-Lincoln;
John J. Maher, Virginia Tech;
Dechun Wang, Texas A&M University;
Discussant: Jieying Zhang, University of Southern California
Credit Watch, Earnings Management, and Credit Analyst Efficiency with Respect to Accounting Information
Qiuhong Zhao, University of Colorado, Boulder;
Discussant: John S. Bildersee, New York University
8.16. Factors Behind Analysts' Forecasts - 2
(NASBA Field of Study: Accounting)
Moderator: Chia-Chun Hsieh, Hong Kong University of Science and Technology
Financial Information Quality and Analysts’ Forecasts
Arianna S Pinello, Georgia State University;
Hollis A Skaife, University Of Wisconsin - Madison;
Discussant: Susan F Havranek, Le Moyne College
Firms’ Propensity to Meet or Miss Analysts’ Forecasts of Cash Flows and Earnings
Lawrence D Brown, Georgia State University;
Arianna S Pinello, Georgia State University;
Discussant: xia chen, University of Wisconsin-Madison
Analyst Quality, Optimistic Bias, and Reactions to Major News
Jian Cao, Florida Atlantic University;
Mark Kohlbeck, Florida Atlantic University;
Discussant: S. M. Khaild Nainar, McMaster University
8.17. Factors Behind SEC Enforcement Actions and Class Action Suits
(NASBA Field of Study: Accounting)
Moderator: Susan M Young, CUNY Baruch
Do More Transparent Corporate Actions Following a Restatement Influence the SEC's Decision to Issue an Enforcement Action?
Rebecca L Files, University of Texas - Dallas;
Discussant: Frank Farina, Assistant Professor, Saint Michael's College
Stockholder Litigation and the Timeliness of Price Discovery
Philip Brown, The University of Western Australia;
Wendy Hsu, The University of Western Australia;
Discussant: Karthik Balakrishnan, New York University
The Role of Accounting Quality in Securities Class Action Lawsuits
Stephanie Dehning Grimm, University of Minnesota;
Discussant: Melissa F Lewis, University of Utah
8.18. Implementing New Accounting Standards
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
An Examination of Mandatory Disclosure Quality: Evidence from FIN 48
Leslie A. Robinson, Tuck School of Business at Dartmouth;
Andrew P. Schmidt, Columbia University;
Discussant: Alina Lerman, New York University
Restructuring Charges, Regulatory Changes and the Accrual Anomaly.
Sanjeev Bhojraj, Cornell University;
Partha Sengupta, George Mason University;
Suning Zhang, George Mason University;
Discussant: Rong Yang, State University of New York - College at Brockport
Representationally Faithful Disclosures, Organizational Design and Managers' Segment Reporting Decisions
Christine Botosan, University of Utah;
Susan McMahan, University of Utah, PhD student;
Mary Harris Stanford, Texas Christian University;
Discussant: Craig J Chapman, Northwestern University - Kellogg School of Management
8.19. Implications of IFRS on Financial Reporting
(NASBA Field of Study: Accounting)
Moderator: Jan Sweeney, Baruch College - CUNY
An Analysis of Financial Statement Issues Reported as Discussed and Negotiated by Key Preparer-side Groups in UK Listed Companies in the First and Second Years of IFRS Implementation
Vivien A Beattie, University of Glasgow ;
Stella M Fearnley, Bournemouth University ;
Tony Hines, University of Portsmouth ;
Discussant: Richard Taffler, University of Edinburgh
The IAS/IFRS application on the intangible assets
of non-listed companies
Mascia Ferrari, University of Modena and Reggio Emilia, Italy;
Stefano Montanari, University of Modena and Reggio Emilia, Italy;
Discussant: Deborah Carder Ivey, Thomas More College
Expensing versus Capitalization
Tong Lu, University of Houston;
Konduru Sivaramakrishnan, University of Houston;
Discussant: Jan Sweeney, Baruch College - CUNY
8.20. Investor Returns
(NASBA Field of Study: Accounting)
Moderator: Karen Nunez, Elon University
Higher risk, lower returns: What hedge fund investors really earn
Ilia Dichev, University of Michigan Ross School of Business ;
Gwen Yu, University of Michigan Ross School of Business ;
Discussant: Kevin Ow Yong, Singapore Management University
How do investors respond to fraudulent earnings news?
Kai Wai Hui, Hong Kong University of Science and Technology;
Clive Lennox, Hong Kong University of Science and Technology;
Discussant: Patricia A Johnson, Canisius College
Earnings Dispersion and Aggregate Stock Returns
Bjorn N Jorgensen, University of Colorado at Boulder;
Jing Li, Columbia Business School;
Gil Sadka, Columbia Business School;
Discussant: Rick Johnston, The Ohio State University
8.21. Modeling Information in the Stock Markets
(NASBA Field of Study: Accounting)
Moderator: Brandon Duck, Southeastern University
Fundamental Analysis versus Quantitative Hedge Trading
Russell Lundholm, Ross School of Business, University of Michigan;
Discussant: Phillip C. Stocken, Dartmouth College
Determinants of corporate financial disclosure in an unregulated environment: Evidence from the early 20th century
Wouter Van Overfelt, University of Antwerp;
Wouter Van Overfelt, University of Antwerp;
Marc Deloof, University of Antwerp;
Ann Vanstraelen, Maastricht University;
Discussant: Emmanuel T De George, University of Michigan
Disclosure Policy and Stock Return Volatility
Ning Gong, University of New South Wales;
Discussant: Jong Chool Park, Rensselaer Polytechnic Institute
8.22. Private or Illiquidly Traded Firms
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Competition, Profitability, and the Withholding of Information about Sales and the Cost of Sales
Elisabeth Dedman, Manchester Business School;
Clive Lennox, Hong Kong University of Science and Technology;
Discussant: Kyle Peterson, University of Oregon
An Experiment in the Economic Consequences of Additional Disclosure: The Case of the Fair Value of Unlisted Equity Investments
Yuan Ding, CEIBS;
Thomas Jeanjean, HEC Paris;
Cedric Lesage, HEC Paris;
Herve Stolowy, HEC Paris;
Discussant: Ananda Ganguly, Claremont McKenna College
Proprietary Costs & Privately Held Firms’
Financing Choice between Public Offerings and Private Placements
Vicki Wei Tang, Georgetown University;
Discussant: Wan Wongsunwai, Northwestern University
8.23. Regulation FD
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
The Effect of Regulation FD on Management Earnings Forecasts
Frank Heflin, Florida State University;
William Kross, The University at Buffalo;
Inho Suk, The University at Buffalo;
Discussant: Isho Tama-Sweet, University of Oregon
The Influence of Regulation Fair Disclosure on Firm Cash Policy
Susan M Albring, Syracuse University;
Shawn Huang, University of Arkansas;
Raynolde Pereira, University of Missouri;
Discussant: Mary Stone, University of Alabama
The Influence of Regulation Fair Disclosure on Firm Financing Decisions
Susan Marie Albring, Syracuse University;
Monica Banyi, University of Virginia-McIntire School of Commerce;
Dan Dhaliwal, University of Arizona;
Raynolde Pereira, University of Missouri;
Discussant: Han Yi, University of Oklahoma
8.24. The Firm's Investment Decisions
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Does Disclosure of Non-Financial Statement Information Reduce Firms’
Propensity to Under-Invest?
Hung-Yuan Lu, Fisher School of Accounting, University of Florida;
Discussant: Xinyi Lu, University of Texas at Dallas
The Impact of Timely Accounting Recognition of Economic Losses
on Cash Flow Volatility and Investment
Hyun a Hong, university of southern california;
yongtae kim, santa clara university;
Discussant: Carolyn M Callahan, University of Memphis
Wednesday August 5, 2009 — 4:00 pm-5:30 pm
9.12. Accounting Issues Around the World
(NASBA Field of Study: Accounting)
Moderator: Marilyn Waldron, University of South Australia
Accounting Standards Setting and Value Relevance of Financial Statements:
Two Decades’ Experience of Taiwan’s Financial Accounting Standards Committee
TsingZai C. Wu, National Cheng Kung University, Taiwan;
Hsin-Ti Chu, Southern Taiwan University of Technology;
Wan-Ting Hsieh, Kun Shan University of Science and Technology;
Financial Reporting Quality and Economic Growth
Feng Li, University Of Michigan;
Nemit O Shroff, University Of Michigan;
Governmental Intervention and Institutional Momentum Strategy: Evidence from China
Yi Yao, Nankai University, China;
Rong Yang, State University of New York - College at Brockport;
Zhiyuan Liu, Nankai University, China;
The Market’s Use of the Management Forecasts of Sales, Ordinary Income and Net Income in Japan
Myojung Cho, Fordham University;
Oliver Kim, University of Maryland;
9.13. Agency Costs
(NASBA Field of Study: Accounting)
Moderator: Kiran Parthasarathy, University of Houston
Determinants of Hedge Fund Internal Controls and Fees
Gavin Cassar, University of Pennsylvania;
Joseph Gerakos, University of Chicago;
Discussant: Hollis A Skaife, UW-Madison
Price convexity, debt-related agency costs, and timely loss recognition
Peter D. Easton, University of Notre Dame;
Valeri Nikolaev, The University of Chicago;
Laurence van Lent, Tilburg University;
Discussant: Kiran Parthasarathy, University of Houston
Accounting Rules? Stock Buybacks and Stock Options: Additional Evidence
Paul A Griffin, Graduate School of Management, University of California, Davis;
Ning Zhu, Graduate School of Management, University of California, Davis;
Discussant: Shuping Chen, University of Texas, Austin
9.14. Bankruptcy and Financially Distressed Firms
(NASBA Field of Study: Accounting)
Moderator: Troy Janes, Rutgers School of Business-Camden
A hybrid bankruptcy prediction model with dynamic loadings on accounting-ratio-based and market-based information: A binary quantile regression approach
Ming-Yuan Leon Li, National Cheng Kung University, Taiwan;
Peter Miu, McMaster University, Canada;
Discussant: Bala Kanagasabai Balachandran, London South Bank University
When is bad news really good news?
The case of strategic vs. non-strategic bankruptcies
Luis Coelho, The University of the Algarve Faculdade de Economia;
Richard Julian Taffler, University of Edinburgh Business School;
Richard Julian Taffler, University of Edinburgh Business School;
Discussant: Douglas Skinner, University of Chicago Booth School of Business
A Tale of Two Strategies: Cash Flow, Accruals and the Role of Investor Sentiment
Xavier Gerard, State Street Global Advisors;
Ron Guido, State Street Global Advisors;
Christos Koutsoyannis, State Street Global Advisors;
Discussant: Craig J Chapman, Northwestern University - Kellogg School of Management
9.15. Contagion Effects: Transfer of Information Across Markets and an Industry
(NASBA Field of Study: Accounting)
Moderator: Judson A Caskey, UCLA Anderson School of Management
Disclosure and Information Loss: The role of information transfers across markets
Ram N V Ramanan, University of California, Davis;
Discussant: Judson A Caskey, UCLA Anderson School of Management
Intra-Industry Effects of Control Threats on Investment, Financing, and Financial Reporting Quality
Henri Servaes, London Business School;
Ane Tamayo, London Business School;
Discussant: Carol L Anilowski, Purdue University
The Spillover Effect of Fraudulent Financial Reporting on Peer Firms’ Investment Efficiency
Anne Beatty, The Ohio State University;
Scott Liao, University of Toronto;
Jeff Jiewei Yu, Southern Methodist University;
Discussant: Yu Gao, University of Minnesota
9.16. Corporate Governance and Monitoring
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Killing the Goose that Lays the Golden Egg? The Costs of Overburdened Independent Directors
Olubunmi Faleye, Northeastern University;
Rani Hoitash, Bentley University;
Udi Hoitash, Northeastern University;
Discussant: Dahlia M Robinson, University of South Florida
The Role of Corporate Governance in Explaining the Risky Lending Practices which Fed the Sub-
Prime Mortgage Crisis
Hugh Grove, University of Denver;
Lorenzo Patelli, Benedictine College;
Lisa M. Victoravich, University of Denver;
Pisun Xu, University of Denver;
Discussant: Kaustav Sen, Pace University
9.17. Earning Abnormal Stock Returns: Learning from the Analyst
(NASBA Field of Study: Accounting)
Moderator: Isho Tama-Sweet, University of Oregon
Investor Attention and Stock Mispricing
Justin Jin, Rotman School of Management, University of Toronto;
Discussant: Shamin Mashruwala, Baruch College-CUNY
Valuation Model Use and the Price Target Performance of Sell-Side Equity Analysts
Cristi Gleason, University of Iowa;
W. Bruce Johnson, University of Iowa;
Haidan Li, Santa Clara University;
Discussant: Kalin Kolev, New York University
Stock Market Efficiency with Respect to A New Measure of Earnings News
Cameron Truong, Monash University;
Phil Shane, University of Colorado at Boulder and University of Auckland;
Discussant: Derek Oler, Kelley School of Business, Indiana University
9.18. Factors Behind Analysts' Forecasts - 3
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Conservatism and analyst earnings forecast bias
Henock Louis, Penn State University;
Thomas Lys, Northwestern University;
Amy Sun, Penn Sate University;
Discussant: Michael J. Jung, University of Pennsylvania
Determinants of Analysts' Tendency to Complement or Follow Management Forecasts
Jeong-Bon Kim, City University of Hong Kong;
Zheng Wang, California State University San Marcos;
Discussant: Mary Harris Stanford, Texas Christian University
Judgemental effects of supply chain information: Empirical evidence from analysts forecast revisions
Hsihui Chang, Drexel University ;
Jengfang Chen, National Cheng Kung University;
Guy D Fernando, University at Albany – State University of New York;
Thomas W Lin, University of Southern California;
Discussant: To Be Announced
9.19. Stock Valuation Models
(NASBA Field of Study: Accounting)
Moderator: Karthik Ramanna, Harvard University
Conservatism Correction in Linear Information Models
Stefan Henschke, University of Cologne;
Carsten Homburg, University of Cologne;
Julia Nasev, Stanford University;
Discussant: Karthik Ramanna, Harvard University
The Impact of Expectations Management on the Usefulness of Analyst Forecasts in Accounting Valuation Models
Yao Tian, University of Alberta;
Discussant: Anne Leah Schnader, Bentley University
Valuation Weights, Linear Dynamics and Conservatism: An Empirical Analysis
David J Ashton, Bristol University;
Peng Wang, Imperial College London;
Discussant: To Be Announced
9.20. The Demand for Accounting Conservatism
(NASBA Field of Study: Accounting)
Moderator: To Be Announced
Labor Unions and Accounting Conservatism
David B Farber, University of Missouri;
Hsin-Yi Hsieh, University of Oklahoma;
Boochun Jung, University of Hawaii;
Han Yi, University of Oklahoma;
Discussant: Sudipta Basu, Temple University
The Effects of Borrower and Lender Ownership Type on Accounting Conservatism: Evidence from China
Hanwen Chen, Xiamen University;
Zeyun Jeff Chen, University of Houston;
Gerald J. Lobo, University of Houston;
Yanyan Wang, Xiamen University;
Discussant: Sudipta Basu, Temple University
Accounting Conservatism and Politically Connected Family Firms
Kriengkrai Boonlert-U-Thai, Faculty of Commerce and Accountancy, Chulalongkorn University, THAILAND.;
Kiatniyom Kuntisook, Faculty of Commerce and Accountancy, Chulalongkorn University, THAILAND.;
Discussant: Sudipta Basu, Temple University
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