The Accounting Review
Do Clawback Policies Accomplish Their Desired Purpose?
They may, but new research surprisingly suggests that clawbacks may also prompt managers to drive down their companies' effective tax rates.
Here’s Another Reason to Avoid Tax Avoidance
Aggressive tax planning sows confusion not only about companies' taxes but also about the basics of their operations and finances.
SOX 404(b) Provides Investor Value After All
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
The Dark Side of Accounting Expertise
For top executives, managerial experience at an auditing firm is not necessarily a virtue, especially among those who are highly paid, a study finds.
Flaunting Strong Earnings Damages Stock Price
After a quick boost, share prices tend to drop over the longer term for companies that quantify strong results in earnings-release headlines.
Study Supports Scrapping the 10-Q
Research yields first-of-its-kind evidence that greater reporting frequency begets corporate myopia.
Study Pans Disclaimers on Forward-Looking Statements
The disclaimers actually do less to protect investors than protect the companies that make them, research suggests.
Fears Over Downside to Clawbacks Are Unwarranted: Study
Contradicting prior research, a new report finds that increased performance-based compensation for CFOs actually steers them away from earnings management.
Auditor Rotation Rules Miss Their Mark
Merely requiring companies to periodically invite bids for their audit business, or change engagement partners at the incumbent firm, doesn't do the job.
SEC Audit Committee Rule Is Worthless: Study
Investors gain no benefit from a 1999 rule requiring audit committees to have at least three members and be free of conflicting interests, research finds.
Would a Territorial Tax System Help Investors?
Total shareholder return likely would rise only slightly if repatriated, foreign-earned profits were no longer taxable in the U.S., a study finds.