Accounting Organizations and Society最新文献

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The moderating effects of management's Non-GAAP treatment of a CAM item and investors' position on investors' management credibility judgments 管理层对CAM项目的非公认会计准则处理和投资者立场对投资者管理层可信度判断的调节作用

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-12-18 DOI: 10.1016/j.aos.2025.101629

Wei Chen , Kirsten Fanning , Ken T. Trotman , Jun Wang

引用次数: 0

The effect of political connections on COVID-19 stimulus 政治关系对COVID-19刺激措施的影响

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-12-18 DOI: 10.1016/j.aos.2025.101630

John Barrick , Adam Olson , Shiva Rajgopal

We investigate whether corporate political activity (CPA) benefited organizations during the distribution of COVID-19 stimulus funds. Using data on three mechanisms of political influence—lobbying expenditures, PAC contributions, and trade association lobbying—we analyze their impact on the most extensive stimulus package in U.S. history. Our findings reveal that publicly listed firms engaging in CPA were significantly more likely to receive COVID-19 stimulus support. Compared to firms without political activity, the odds of receiving government assistance were 91.5 % higher for firms that lobbied directly, 148.9 % higher for those contributing to PACs, and 112.1 % higher for those lobbying through trade associations. Financial returns on political influence were $0.11 per dollar spent on lobbying, $7.26 per dollar for PAC contributions, and $2.40 per dollar spent on trade association lobbying. Notably, returns were two to four times greater when CPA targeted specific policymakers or agencies responsible for fund disbursement. We find some evidence of an association between CPA and reduced stimulus efficiency or effectiveness at the agency level. Our study highlights the financial impact of political influence during stimulus events in times of global uncertainty, emphasizing the need for further research into its implications for policymaking.

我们调查了企业政治活动（CPA）是否在分配COVID-19刺激资金期间使组织受益。利用三种政治影响机制的数据——游说支出、政治行动委员会捐款和贸易协会游说——我们分析了它们对美国历史上最广泛的经济刺激方案的影响。我们的研究结果表明，从事注册会计师的上市公司更有可能获得COVID-19刺激支持。与没有政治活动的公司相比，直接游说的公司获得政府援助的几率高出91.5%，为政治行动委员会捐款的公司获得政府援助的几率高出148.9%，通过行业协会进行游说的公司获得政府援助的几率高出112.1%。政治影响力的财务回报为：游说支出每1美元0.11美元，政治行动委员会捐款每1美元7.26美元，行业协会游说支出每1美元2.40美元。值得注意的是，当CPA针对负责资金支付的特定政策制定者或机构时，回报率会高出两到四倍。我们发现了一些证据，证明CPA与机构层面刺激效率或有效性降低之间存在关联。我们的研究强调了在全球不确定时期，政治影响在刺激事件中的金融影响，强调需要进一步研究其对政策制定的影响。

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引用次数: 0

Expanding the analysis of accounting regulation: On the operationalization of disclosure regulation 拓展会计监管分析：论披露监管的操作性

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-12-15 DOI: 10.1016/j.aos.2025.101627

Dasha Smirnow , David J. Cooper

We propose a more expansive analysis of accounting regulation, highlighting the significance of a regulatory network and the importance of examining the recursive processes involved in the transition from formal law to practice. Our analysis is grounded in the sociology of law and is exemplified by the case of a corporate disclosure regulation for Canada's extractive industry. The paper examines how the regulator, in concert with intermediary actors, works to clarify and influence the practice of law, what we refer to as operationalization. In providing a historically and socially contextualized analysis, the paper treats regulation as a dynamic process that includes multistakeholder working groups, legislative debates, regulatory procedures, and shifting meanings of compliance and enforcement. We examine operationalization as a distinct regulatory dynamic and explore its significance for an expanded understanding of accounting regulation.

我们建议对会计监管进行更广泛的分析，强调监管网络的重要性，以及检查从正式法律到实践过渡所涉及的递归过程的重要性。我们的分析以法律社会学为基础，并以加拿大采掘业的公司信息披露法规为例。本文考察了监管机构如何与中介行为者协同工作，以澄清和影响法律实践，我们称之为操作化。在提供历史和社会背景的分析中，本文将监管视为一个动态过程，包括多利益相关者工作组、立法辩论、监管程序以及合规和执行的不断变化的含义。我们将操作化作为一种独特的监管动态来研究，并探讨其对扩大会计监管理解的意义。

引用次数: 0

Voluntary managerial pay cuts and employee effort 管理层自愿减薪和员工努力

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-11-28 DOI: 10.1016/j.aos.2025.101626

Christoph Feichter , Martin Wiernsperger

When managers voluntarily cut their own pay, it is often dismissed as symbolic gesture that employees do not care about. We conduct a series of four experiments to examine whether and how such pay cuts influence employee effort, and how the effect varies depending on two key design features: (1) how the forgone pay is used and (2) whether the pay cut is voluntary or externally imposed. Across our experiments, we find that managerial pay cuts increase employee effort, particularly when the forgone pay benefits employees or social causes, and when the cut is a voluntary act of self-sacrifice. Employees respond positively even when managers retain compensation through other channels, such as bonuses or stock awards. Our results suggest that the motivational effect is not only driven by reduced pay dispersion or material outcomes, but also by the perceived intention behind the manager's voluntary pay cut. Overall, our study shows that the gesture of managerial pay cuts can meaningfully influence employee behavior and enhance firm performance, and it identifies the conditions under which such effects are most likely to occur.

当经理们自愿减薪时，通常会被认为是象征性的姿态，员工们并不关心。我们进行了一系列的四个实验，以检验这种减薪是否以及如何影响员工的努力，以及这种影响如何取决于两个关键的设计特征：(1)放弃的薪酬如何使用；(2)减薪是自愿的还是外部强加的。在我们的实验中，我们发现管理层减薪会增加员工的努力，尤其是当放弃的薪酬有利于员工或社会事业，以及当减薪是一种自愿的自我牺牲行为时。即使管理者通过奖金或股票奖励等其他渠道保留薪酬，员工也会积极回应。我们的研究结果表明，激励效应不仅受到薪酬分散或物质结果减少的驱动，还受到经理自愿减薪背后的感知意图的驱动。总体而言，我们的研究表明，管理层减薪的姿态可以对员工行为产生有意义的影响，并提高公司绩效，并且它确定了这种影响最有可能发生的条件。

引用次数: 0

Can open audit committee chairs cure the chilling effect of management's presence on auditors' information sharing during audit committee meetings? 公开的审计委员会主席能否消除管理层出席审计委员会会议对审计师分享信息的寒蝉效应？

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-11-20 DOI: 10.1016/j.aos.2025.101618

Lukas J. Helikum , Karim Jamal , Hun-Tong Tan , Li Xiao

This study experimentally examines how the leadership style of the audit committee (AC) chair (controlling or open) influences the amount of discretionary information that auditors intend to share with the AC, in the context of common meeting formats (i.e., AC meetings with versus without management present, or private meetings between the auditor and AC chair). Participants are highly experienced auditors, including partners and (senior) managers, from Big 4 accounting firms. We predict and find that an open AC chair mitigates the chilling effect of management's presence on the number of discretionary issues shared with the AC. Compared to those who attend AC meetings only, auditors who engage in private meetings with the AC chair before AC meetings plan to disclose fewer discretionary issues to the AC in subsequent AC meetings, but disclose more discretionary issues in total across meetings. AC chair leadership style has no impact on their discretionary information sharing in these private meetings. These results suggest that open AC chairs can mitigate the adverse effect of management's presence on auditors' discretionary information disclosure and have implications for regulators aiming to enhance corporate governance.

本研究通过实验检验了审计委员会（AC）主席的领导风格（控制型或开放式）如何影响审计师打算与AC分享的自由裁量信息的数量，在常见的会议形式（即，有管理层出席的AC会议或没有管理层出席的AC会议，或审计师与AC主席之间的私人会议）的背景下。参与者都是经验丰富的审计师，包括来自四大会计师事务所的合伙人和（高级）经理。我们预测并发现，开放式的审计委员会主席可以减轻管理层出席对与审计委员会共享的自由裁量问题数量的寒蝉效应。与那些只参加审计委员会会议的人相比，在审计委员会会议之前与审计委员会主席进行私人会议的审计师计划在随后的审计委员会会议中向审计委员会披露更少的自由裁量问题，但在整个会议中披露更多的自由裁量问题。AC主席的领导风格对他们在这些私人会议上的自由裁量信息共享没有影响。这些结果表明，开放式AC主席可以减轻管理层存在对审计师自由裁量信息披露的不利影响，并对旨在加强公司治理的监管机构具有启示意义。

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引用次数: 0

Infrapolitical resistance to management control in the home workplace 对家庭工作场所管理控制的非政治抵制

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-11-19 DOI: 10.1016/j.aos.2025.101617

Mohamed Chelli, Darlene Himick

In this study, we examine how workers resist management controls in the home workplace. Drawing on Scott's (1985, 1990) theorization about the everyday forms of resistance, especially his seminal concepts of infrapolitical resistance and hidden transcripts, and mobilizing a netnographic approach, we examine the comments posted on Reddit during a 10-month period, in which workers talk about their resistance to the ways in which they are controlled in the home-based work environment. We uncover six hidden transcripts representing workers' infrapolitical resistance to management control in the home workplace, which we categorize into two sets: resistance thoughts and beliefs and individual acts of resistance. Home office workers describe and discuss their resistance attitudes and ideas around 1) the new limits of acceptable levels and types of controls, 2) the very worth of the managerial role, and 3) employers' cultural controls. Also, home office workers resist via their actions by 4) performing “empty labor; ” 5) quitting their job in response to return-to-office mandates; and 6) selectively meeting productivity-related controls. Bringing a new empirical site − the home as a workplace − to the management control literature, we theorize about the ways in which home office workers transform productivity into a site of resistance, turn the control gaze back on the managers, and use the home office to resist controls.

在这项研究中，我们研究了工人在家庭工作场所如何抵制管理控制。根据斯科特（1985.1990）关于日常抵抗形式的理论，特别是他的非政治抵抗和隐藏文本的开创性概念，并动员网络研究方法，我们研究了Reddit上发布的10个月期间的评论，其中工人谈论他们对家庭工作环境中控制方式的抵抗。我们发现了六个隐藏的文本，代表了工人在家庭工作场所对管理控制的非政治抵抗，我们将其分为两组：抵抗思想和信仰以及个人抵抗行为。家庭办公室员工描述并讨论了他们对以下方面的抵制态度和想法：1)可接受的控制水平和类型的新限制；2)管理角色的价值；3)雇主的文化控制。此外，在家办公的人通过他们的行动来抵制“空劳动”；（五）按照换届要求辞职的；6)选择性地满足与生产力相关的控制。将一个新的经验场所——家作为工作场所——引入到管理控制的文献中，我们对在家办公的员工如何将生产力转变为反抗的场所、将控制的目光转回到经理身上、并利用在家办公来反抗控制进行了理论化。

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引用次数: 0

Is a picture worth a thousand words? Image usage in ESG reports 一张图片胜过千言万语吗？ESG报告中的图像使用情况

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-11-10 DOI: 10.1016/j.aos.2025.101616

Disen Huang Albrecht , Divya Anantharaman , Keyi Zhao

We collect a novel dataset on images in Environmental, Social, and Governance (ESG) reports using deep learning and artificial intelligence (AI), to test hypotheses arising from experimental literature that visual impression management enhances audience perception. We further combine AI and manual methods to contrast images that lack information content (“generic images” evoking broad ESG themes) against images with information content (“specific images” depicting firm-specific ESG activities). We hypothesize and find that firms (1) operating in socially problematic industries (e.g., “sinful”, polluting, or controversial industries), (2) issuing less extensive textual ESG disclosures, and (3) experiencing poor ESG performance tend to use more images, especially generic images, consistent with strategic motivations. We then examine the impact of image usage on stakeholders, observing unduly enhanced perception in retail traders but seldom in institutional investors. We observe that ESG award committees reward specific images and penalize generic images. Our results show that ESG report visual impression management affects stakeholders in the real world, though its impact can be overcome by attention and expertise.

我们使用深度学习和人工智能（AI）收集了环境、社会和治理（ESG）报告中的图像的新数据集，以检验实验文献中提出的视觉印象管理增强受众感知的假设。我们进一步结合人工智能和人工方法，将缺乏信息内容的图像（唤起广泛ESG主题的“通用图像”）与具有信息内容的图像（描述公司特定ESG活动的“特定图像”）进行对比。我们假设并发现：(1)经营有社会问题的行业（例如，“有罪”、污染或有争议的行业），(2)发布的ESG文本披露较少，以及(3)ESG表现不佳的公司倾向于使用更多符合战略动机的图像，尤其是通用图像。然后，我们研究了形象使用对利益相关者的影响，观察到零售交易者的认知过度增强，而机构投资者的认知却很少。我们观察到，ESG奖委员会奖励特定的图像，而惩罚一般的图像。我们的研究结果表明，ESG报告视觉印象管理会影响现实世界中的利益相关者，尽管其影响可以通过注意力和专业知识来克服。

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引用次数: 0

Social comparisons with peers and analyst forecast accuracy 与同行的社会比较和分析师预测的准确性

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-10-28 DOI: 10.1016/j.aos.2025.101615

Jingxin Hu , Tao Li , Blake Steenhoven , Wuyang Zhao

Financial analysts interact with their peers in various contexts. While prior research typically characterizes analyst relationships as purely competitive, we use a multiple-method approach drawing on social comparison theory to show that these relationships likely are more nuanced than previously understood. We argue that social comparison can enhance self-evaluation and therefore motivate effort, contributing to improved performance. Using peer analyst coverage overlaps for other firms in the focal analyst's portfolio to measure social comparison, we find that greater social comparisons are associated with more accurate forecasts. Importantly, social comparisons are also associated with various proxies of analyst effort, consistent with our theory. Cross-sectionally, overlaps of firms with greater importance and a longer history of being covered by the analyst have stronger effects, consistent with better knowledge of peers increasing the value of social comparisons. We conduct various analyses to rule out two alternative explanations based on competition and information-sharing among peers. Finally, we conduct 12 semi-structured interviews with analysts to offer rich descriptive evidence to provide context for our findings and test the assumptions of social comparison theory. Findings from these interviews support the notion that peer comparisons among analysts are an important element of the institutional environment and suggest areas for future research.

金融分析师在不同的背景下与他们的同行互动。虽然之前的研究通常将分析师关系描述为纯粹的竞争关系，但我们利用社会比较理论的多方法方法来表明这些关系可能比以前理解的更微妙。我们认为社会比较可以增强自我评价，从而激励努力，有助于提高绩效。使用焦点分析师投资组合中其他公司的同行分析师覆盖重叠来衡量社会比较，我们发现更大的社会比较与更准确的预测相关。重要的是，社会比较也与分析师努力的各种代理有关，这与我们的理论一致。横断面上，具有更大重要性和更长的历史被分析师覆盖的公司重叠具有更强的影响，与更好地了解同行增加社会比较的价值相一致。我们进行了各种分析，以排除基于同行之间的竞争和信息共享的两种替代解释。最后，我们与分析师进行了12次半结构化访谈，以提供丰富的描述性证据，为我们的发现提供背景，并测试社会比较理论的假设。这些访谈的结果支持了这样一种观点，即分析师之间的同行比较是制度环境的一个重要因素，并为未来的研究提出了建议。

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引用次数: 0

When living laws collide: FASB/IASB conceptual framework development as a contested discursive space 当现行法律发生冲突：FASB/IASB概念框架的发展作为一个有争议的话语空间

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-09-29 DOI: 10.1016/j.aos.2025.101612

Selina Orthaus-Wahl , Christoph Pelger , Carsten Erb

As part of their professionalisation project, independent private standard setters have developed conceptual frameworks to guide their standard setting. Adopting the perspective of legal pluralism, we regard these soft law documents as creating a new living law for the community of standard setters. In this paper, we study how the FASB and the IASB have created this new living law through the discourse on the (re)development of conceptual frameworks. More specifically, we analyse the discourse on the objective of financial reporting from the 1970s to the 2010s. Our material stems from the Boards' due process and includes their proposals, along with about 1300 comment letters submitted by constituents. We find that the FASB and the IASB have used conceptual frameworks to establish their identity as independent experts, distinguishing themselves from the accounting profession with its traditional living law of stewardship, and instead introducing the new living law of decision usefulness. This step met resistance as constituents did not readily accept the standard setters' independence and sought to constrain their future activities. We also find that constituents’ views were influenced by the anticipated role of the conceptual frameworks for standard setters and preparers. Overall, our study shows how standard setters strategically align conceptual frameworks with the due process, while constituents simultaneously use the due process and conceptual frameworks as tools to discipline the standard setters. Our findings extend our understanding of private standard setters, conceptual frameworks, and different legal forms.

作为其专业化项目的一部分，独立的私人准则制定机构开发了概念框架来指导其准则制定。从法律多元主义的角度来看，我们认为这些软法律文件为标准制定者共同体创造了一种新的活法。在本文中，我们研究了FASB和IASB如何通过对概念框架（重新）发展的论述创造了这一新的活法。更具体地说，我们分析了从20世纪70年代到2010年代关于财务报告目标的论述。我们的材料源于董事会的正当程序，包括他们的建议，以及选民提交的约1300封意见信。我们发现FASB和IASB已经使用概念框架来确立他们作为独立专家的身份，将他们自己与传统的管理生活法的会计职业区分开来，取而代之的是引入新的决策有用性生活法。这一步骤遇到了阻力，因为成员不愿意接受标准制定者的独立性，并试图限制他们未来的活动。我们还发现，组成部分的观点受到概念框架对准则制定者和编制者的预期作用的影响。总体而言，我们的研究显示了标准制定者如何在战略上将概念框架与正当程序结合起来，而组成部分同时使用正当程序和概念框架作为约束标准制定者的工具。我们的发现扩展了我们对私人标准制定者、概念框架和不同法律形式的理解。

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引用次数: 0

Board gender diversity, innovation ambidexterity, and firm performance board gender diversity, innovation ambidexterity, and firm performance 董事会性别多样性、创新双元性与企业绩效

IF 4 2区管理学 Q1 BUSINESS, FINANCE

Accounting Organizations and Society

Pub Date : 2025-09-25 DOI: 10.1016/j.aos.2025.101613

Aishwarrya Deore , Ranjani Krishnan , Deepa Mani

We posit that board gender diversity enables innovation ambidexterity, defined as the simultaneous pursuit of innovation efficiency and radical innovation. Building on upper echelons theory, we argue that behavioral, cognitive, and social factors influence innovation ambidexterity in firms with gender-diverse boards. Using panel data, textual analysis, and instrumental variable regressions, we find that board gender diversity is positively associated with four measures of innovation ambidexterity. We identify prudent experimentation and organizational trickle-down effects as two mechanisms underlying the impact of board gender diversity on innovation ambidexterity. Moderated-mediation models show that the impact of board gender diversity on innovation ambidexterity via prudent experimentation and trickle-down effect is (a) lower in firms in which female directors have greater monitoring responsibilities, and (b) higher in firms in which directors’ compensation is tied to long-term goals. Innovations produced by gender-diverse boards contribute positively to firm fundamentals but are undervalued by financial markets. Our study provides a deeper understanding of how governance structures contribute to innovation ambidexterity and organizational performance.

我们假设董事会性别多样性使创新双重性得以实现，即同时追求创新效率和激进创新。基于上层梯队理论，我们认为行为、认知和社会因素会影响董事会性别多元化的公司的创新双元性。通过面板数据、文本分析和工具变量回归，我们发现董事会性别多样性与创新双元性的四项指标呈正相关。我们发现审慎实验和组织涓滴效应是董事会性别多样性对创新双元性影响的两种机制。适度中介模型通过审慎实验和涓滴效应表明，董事会性别多样性对创新双元性的影响(a)在女性董事具有更大监督责任的公司中较低，(b)在董事薪酬与长期目标挂钩的公司中较高。性别多元化董事会产生的创新对公司基本面有积极贡献，但被金融市场低估了。我们的研究对治理结构如何促进创新双元性和组织绩效提供了更深入的理解。

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