Showing papers in "Journal of Accounting and Public Policy in 1994"

TL;DR: In this article, the authors look for evidence that firms actually rely on audit committees (ACs) for their image value and find that the majority of firms do not appear to rely on them.

TL;DR: In this article, the authors used a questionnaire comprised of 13 potentially questionable earnings management activities to assess the prevailing morality regarding earnings management practices, and found significant areas of disagreement among participants.

TL;DR: In this article, the authors identify a number of firm-specific characteristics with a consistent influence on goodwill, and a consistently positive influence of accounting goodwill numbers on both profitability and the market value of the firm in the nonmanufacturing firm.

TL;DR: In this paper, the authors examined whether accounting policy choices in the areas of inventory and depreciation are related to the extent of unionization in a firm and found no relationship between unionization and inventory policy choice.

TL;DR: This article examined the effect of enforcement actions of the U.S. Securities and Exchange Commission (SEC) against companies which are listed on the New York Stock Exchange (NYSE) and American stock exchange (ASE).

TL;DR: In this paper, the authors investigate the relation between independent audit fees and client business risk in the savings and loan (S & L) industry from 1983-1988 and find that independent auditors were sensitive to S & L riskiness throughout the middle 1980s.

TL;DR: In this paper, the authors examined the voluntary review of earnings forecasts in IPO prospectuses published prior to the Securities Regulations 1983, which governed the issue of securities to the public in New Zealand (N.Z.).

TL;DR: In this paper, the authors present the results of an empirical investigation of the characteristics of CPAs, disciplined by six state boards, which distinguish them from a control group of practicing CPAs.

TL;DR: In this article, the authors analyse the effective tax rates of corporations from three periods: the years preceding ERTA (1978-1980), the years following ERTA(1982-1985), and the years after TRA86 (1988-1990).

TL;DR: In this paper, the authors examine evidence of managerial misrepresentation of performance designed to avert adverse political effects of excessive profitability in the prepaid health care industry and provide evidence that managerial earnings management designed to disguise above-normal rates of return in the politically-sensitive prepaid healthcare industry.

TL;DR: In this paper, the authors examined the association between the pollution performance and input cost factors in electric utility plants over a short as well as a long period of time, and they showed a negative association between fuel/labor costs and pollution emissions in the short run, indicating that higher fuel and labor costs resulted in lower pollution emissions.

TL;DR: In this article, the effect of ERTA on the distribution of corporate investment in plant and equipment is analyzed based on several expectations models and dividing the firms into porfolios which received differential benefits from the tax change.

TL;DR: In this article, the effect of financial accounting figures was evaluated in the context of a major annual decision, namely, the tuition rate, and the relationship was studied between tuition rates set by private undergraduate colleges and: 1) nontuition revenues; 2) expenditures; 3) the excess (or deficit) of revenues over expenditures, and 4) religious affiliation.

TL;DR: In this article, political interest theory is used to derive predictions about cross-sectional and time-series variations in state tax burdens, and it is shown that in states where business interest group strength is relatively significant, business tax rates are lower.

TL;DR: In this paper, the authors assessed the predictive value of SFAS No. 33 (FASB 1979) earnings measures by their ability to reduce the forecast error of security abnormal returns when they are added to the traditional historical cost model.

TL;DR: In this paper, the authors assess the efficacy of Public Law 98-501 and conclude that the legislative intent was partially realized by the National Council on Public Works Improvement, but not realized in regard to the supplemental information for the U.S. Budget.