E-Book Overview
Now in its twenty-first edition, Advances in Accounting continues to provide an important forum for discourse among and between academic and practicing accountants on issues of significance to the future of the discipline. Emphasis continues to be placed on original commentary, critical analysis and creative research - research that promises to substantively advance our understanding of financial markets, behavioral phenomenon and regulatory policy. Technology and aggressive global competition have propelled tremendous changes over the two decades since AIA was founded. A wide array of unsolved questions continues to plague a profession under fire in the aftermath of one financial debacle after another and grabbling with the advent of international accounting standards. This volume of Advances in Accounting not surprisingly includes articles reflective of recent focus on corporate governance, earnings management and the influence of the CEO, the accuracy of earnings forecasts and the value relevance or voluntary and mandated disclosures. This volume also looks at challenges facing the academic community with respect to technology and addresses pedagogical advances holding promise. AIA continues its commitment to the global arena by publishing research with an international perspective in the International Section inaugurated in Volume 20. As never before the accounting profession is seeking ways to reinvent itself and recapture relevance and credibility. AIA likewise continues to champion forward thinking research.
E-Book Content
CONTENTS ix
LIST OF CONTRIBUTORS EDITORIAL BOARD
xiii
STATEMENT OF PURPOSE AND REVIEW PROCEDURES
xvii
EDITORIAL POLICY AND MANUSCRIPT FORM GUIDELINES
xix
THE EFFECT OF PARTNER PREFERENCES ON THE DEVELOPMENT OF RISK-ADJUSTED PROGRAM PLANS James L. Bierstaker and Arnold Wright THE VALUE RELEVANCE OF EARNINGS AND BOOK VALUE UNDER POOLING AND PURCHASE ACCOUNTING C. S. Agnes Cheng, Kenneth R. Ferris, Su-Jane Hsieh and Yuli Su EARNINGS MANAGEMENT AND FORCED CEO DISMISSAL Liming Guan, Charlotte J. Wright and Shannon L. Leikam THE DECISION TO DISCLOSE ENVIRONMENTAL INFORMATION: A RESEARCH REVIEW AND AGENDA Tanya M. Lee and Paul D. Hutchison v
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CONTENTS
THE VOLUNTARY DISCLOSURE OF ADVERTISING EXPENDITURES: THE CASE OF THE PHARMACEUTICAL INDUSTRY AND HEALTHCARE REFORM Joseph Legoria
113
AN ANALYSIS OF THE FIRST TWO DECADES OF ADVANCES IN ACCOUNTING Michael J. Meyer, John T. Rigsby and D. Jordan Lowe
147
THE RELATIVE ACCURACY OF ANALYSTS’ PUBLISHED FORECASTS VERSUS WHISPER FORECASTS SURROUNDING THE ADOPTION OF REGULATION FD Lynn Rees and Davit Adut
173
THE IMPACT OF MANAGEMENT IMAGE AND NON-AUDIT SERVICE FEES ON INVESTORS’ PERCEPTIONS OF EARNINGS QUALITY Sandra Solomon, Philip M. J. Reckers and D. Jordan Lowe
199
PERSPECTIVES ON EDUCATION THE ‘‘SHOCK’’ FACTOR IN STUDENTS’ PERFORMANCE IN ACCOUNTING EXAMINATIONS Alexander M. G. Gelardi and Craig E. N. Emby
219
ELECTRONIC-COMMERCE EDUCATION: INSIGHTS FROM ACADEMICIANS AND PRACTITIONERS Zabihollah Rezaee, Rick Elam and Judith H. Cassidy
233
SOME IDEAS FOR USING CASES IN THE CLASSROOM Pamela A. Smith
259
Contents
vii
TECHNOLOGY AND THE ACCOUNTING CURRICULUM: WHERE IT IS AND WHERE IT NEEDS TO BE Christian Ille Hastings and Lanny Solomon
275
INTERNATIONAL PERSPECTIVES CORPORATE CHARACTERISTICS, GOVERNANCE RULES AND THE EXTENT OF VOLUNTARY DISCLOSURE IN SPAIN M. Rosario Babı´o Arcay and M. Flora Muin˜o Va´zquez
299
THE IMPORTANCE OF PROCEDURAL FAIRNESS IN BUDGETING Chong M. Lau and Sharon L. C. Tan
333
RESEARCH NOTE HIGH IMPACT BEHAVIORAL ACCO