Showing papers in "Journal of Accounting and Public Policy in 2000"

TL;DR: In this paper, the authors discuss trade-offs associated with three research designs commonly used in the earnings management literature: those based on aggregate accruals, the specific accrual and the distribution of earnings after management.

TL;DR: The authors examined whether comprehensive financial disclosures, used as a proxy for corporate board's responsiveness, are positively associated with the proportion of independent non-executive directors (INDs) on corporate boards, and whether family control of the firm has an impact on this association.

TL;DR: In this article, the authors examined whether the informativeness of earnings, proxied by the earnings-returns relationship, varies with the fraction of outside directors serving on the board and board size.

TL;DR: This paper investigated the accuracy of six different accrual prediction models, and found that the Kang-Sivaramakrishnan (1995) model performed moderately well and the remaining five models provided little ability to predict total accruals.

TL;DR: In this article, the authors examined the value relevance of Local Accounting Standards (LAS) earnings and their voluntarily disclosed reconciliations to the International Accounting Standards and found that LAS earnings have significant value relevance to both domestic and foreign investors.

TL;DR: Empirical results suggest that the change in the Medicare reimbursement policy was a driving force in the adoption of costing systems over the 1980s, and as revenue constraints increased, the rate of costing system adoption also increased.

TL;DR: In this paper, the authors consider the problem of earnings management as a non-cooperative game among several firms, in which each firm seeks a comparison advantage through its financial statement numbers and show that very little may be needed for earnings management to emerge in the Nash equilibrium.

TL;DR: In this paper, the authors provided further evidence on the timeliness of external audit reporting for municipalities, using Ordinary least squares regression and multiple comparison tests. But the overall time to issue external audit reports was about a month longer than found in Dwyer and Wilson (1989, p. 41).

TL;DR: In this article, the relationship between non-accounting information and traditional hospital financial ratios was investigated and the link between factors produced in the first stage of the analysis and one dimension of hospital financial performance, creditworthiness, was assessed.

TL;DR: In this paper, the authors investigated the association between the timing of state accreditation and the loss reserving practices of financially struggling insurers in the property-casualty industry and found that under-reserving by financially weak insurers declined in the post-accreditation period.

TL;DR: Examination of changes in inpatient costs relative to outpatient costs, after controlling for allocations, found that inpatient full costs decreasedrelative to outpatient full costs after 1983, however, when cost allocations were excluded, inpatient direct costs increased Relative to outpatient direct costs, thus providing no evidence of cost-containment.

TL;DR: In this paper, the authors examined the relevance of capital intensity in explaining the cross-sectional variation in market returns to chemical industry firms following the Bhopal, India chemical leak and found a positive, significant relation between market returns and capital intensity.

TL;DR: Preliminary findings suggest that CPPS induces some cost-effective behavior by hospital managers, and policymakers and regulators should be aware that although reductions in capital expenditures may have favorable short-term effects of reducing health care costs, a potentially negative public health impact may result if capital expenditures continue to decrease.

TL;DR: In this paper, the authors consider whether the discretionary portion of loan loss provisions, loan charge-offs, securities gains and losses, and dividends are influenced by the bank's level of capital, earnings, and taxes.

TL;DR: It is believed by many that the marked deceleration in the rate of increase in health care premiums is largely attributable to this dominance by the managedcare industry, although the evidence supporting this belief is mixed.

TL;DR: In this article, a theoretical framework for analyzing the transition of corporate governance systems is proposed, and applied to Slovenija, an example of a transitional economy from central and eastern Europe.

TL;DR: In this article, the economic consequences to stockholders of capital project abandonments in a regulated industry were examined, showing that while regulatory treatment of abandonment costs was generally favorable to investors, the market reacted negatively to nuclear project abandonment announcements indicating that investors did not expect to fully recover abandonment losses.