Consistent with the research mission of the Lundquist college's Department of Accounting, faculty conducts research pertaining to a broad range of accounting issues. Our faculty members publish original top-quality research on relevant topics relating to financial reporting, corporate governance, executive compensation, firm valuation, and tax strategy.
"An Approach to Teaching International Management Accounting and Control: Integrating Corporate Strategy, Organizational Structure and Culture," Journal of Accounting Education, Volume 16-1, 1998
"An Approach to Teaching International Management Accounting and Control: Integrating Corporate Strategy, Organizational Structure, and Culture," , 1997 Translated to Japanese, Russian, and Korean
"International Accounting Research: A Review of Its Ecology, Contending Theories and Methodologies," Journal of Accounting Literature, Volume 14, 1995
"The European Union: Regulation Moves Financial Reporting Toward Comparability," Research in Accounting Regulation, Vol. 9, 1995
"Discussion of An Investigation of the Reporting of Questionable Acts in an International Setting," Journal of Accounting Research, Vol. 31, 1993
Primary Research Areas
Multinational corporation financial reporting practices and the impact of capital market pressure on disclosure
"The Valuation Relevance of Reversing Deferred Tax Liabilities.," The Accounting Review, April, 2004, (with Sansing)
"Financial Reporting Environments and International Capital Mobility.," Journal of Accounting Research, June, 2003, (with Young)
"The Association between Financial Accounting Measures and Real Economic Activity: A Multinational Study.," Journal of Accounting & Economics, February, 2000, (with Young)
"Valuation of the Firm in the Presence of Temporary Book-Tax Differences: The Role of Deferred Tax Assets and Liabilities.," The Accounting Review, January, 2000, (with Sansing)
"Inventory Accounting Methods and Earnings Price Ratios.," Contemporary Accounting Research, Fall, 1999, (with Dhaliwal and Trombley)
"Capital Gains Tax Rates and the Cost of Capital for Small Business: Evidence from the IPO Market.," Journal of Financial Economics, September, 1999, (with Willenborg)
"Financial Reporting, Tax Costs, and Book-tax Conformity.," ournal of Accounting & Economics, November, 1997, (with Maydew and Nutter)
Primary Research Areas
Economics-based research on the effects of income taxes on financing, investing, and financial reporting decisions. Economic effects of international accounting differences.
"Should ACME Go Abroad?: An International Accounting Case," Issues in Accounting Education, Vol. 13, No. 3, p. 613-628, 1998, (with Martin, L. Ann and M. Wingate)
"An Examination of Cultural Influence on Auditing Environments," Research in Accounting Regulation, Supplement 1, p. 129-148, 1997, (with Wingate, M)
"Cakes by Odette," Journal of Accounting Case Research, Vol. 1, p. 41-47, 1993, (with Karbens, J. and M. Wingate)
"Decision Usefulness of Alternative Joint Venture Reporting Methods," Accounting Horizons, 2003, (with R. Graham and C. Morrill)
"Do Share Repurchases Harm Uninformed Shareholders?," Financial Practice and Education, Spring/Summer, 2000, (with R. Graham)
"Accounting Practices and Market Values: Evidence from Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand," The International Journal of Accounting, Vol. 35, No. 4, 2000, (with R. Graham)
"The Value Relevance of Accounting Information during a Financial Crisis: Thailand and the 1997 Decline in the Value of the Bhat," Journal of International Financial Management & Accounting, Vol. 11, No. 2, 2000, (with R. Graham and J. Bailes)
"Accounting Diversity and Firm Valuation," The International Journal of Accounting, Vol. 33, No. 5, 1998, (with J.C. Langli)
Primary Research Areas
Earnings Management
Accounting Methods and Firm Values
Financial Reporting Regulation
"Market Valuation of Intangible Resources: The Use of Strategic Human Capital," Advances in Management Accounting, 2007, (with Denise A. Jones and Sally K. Widener)
"Managing Value Creation within the Firm: An Examination of Multiple Performance Measures," Journal of Management Accounting Research, 2004
"Relative Value Relevance of the Successful Efforts and Full Cost Accounting Methods in the Oil and Gas Industry," Review of Accounting Studies, 2003
"Do Nonlinearity, Firm-Specific Coefficients, and Losses Represent Distinct Factors in the Relation between Stock Returns and Accounting Earnings?," Journal of Accounting and Economics, 1998, (with R. C. Lipe and S. K. Widener)
Current Projects
Taxes and Financial Assets: Valuing Permanently Reinvested Foreign Earnings (with David Guenther and Lisa Hersrud).
The Role of Taxes in Corporate Spin-Offs (with J. Robinson and K. Zvinakis).
The Impact of the Accelerated Filing Deadline on Timeliness of 10-K Filings Accelerated Filing Deadline (with E. Peng and K. Zvinakis).
Primary Research Areas
Capital markets, financial reporting, valuation
"The Effect of Missing a Quarterly Earnings Benchmark on the CEO’s Annual Bonus," The Accounting Review, 2001, (with C. Park)
"Reload Employee Stock Plans: Rent Extraction Versus Incentive Alignment," Journal of Accounting, Auditing and Finance, 2000, (with T. Hemmer and T. Shevlin)
"A Guide to Valuing Employee Stock Options with a Reload Feature," The Journal of Applied Corporate Finance, 1999, (with T. Hemmer and T. Shevlin)
"Optimal Exercise and the Value of Employee Stock Options Granted with a Reload Provision," Journal of Accounting Research, 1998, (with T. Hemmer and T. Shevlin)
"The Influence of Risk Diversification on the Early Exercise of Employee Stock Options by Executive Officers," Journal of Accounting and Economics, Vol. 21, No. 1, 1996, (with Hemmer, T. and T. Shevlin)
"The Effects of Financial Reporting Costs on the Use of Employee Stock Options," The Accounting Review, Vol. 70, No. 1, 1995
"Estimating the 'Fair Value' of Employee Stock Options with Expected Early Exercise," Accounting Horizons, Vol. 8, No. 4, 1994, (with Hemmer, T. and T. Shelvin)
"Disqualifying Dispositions of Incentive Stock Options: Tax Benefits vs. Financial Reporting Costs," Journal of Accounting Research Supplement, 1992
Current Projects
"The Relation between Internal Monitoring and Equity Incentives for Chief Financial Officers," (with Gore, A. and E. Yeung)
"An Empirical Test of the Relation between Accounting Conservatism and Management Forecast Frequency," (with Hui, K)
Primary Research Areas
The design of managerial compensation contracts
"Client Characteristics, Abnormal Accruals, and Auditor Switches: An Empirical Study," Asia-Pacific Journal of Accounting and Economics, June, 2003, (with Lee, H., and M. Stein)
"On Comparing Residual Income and Discounted Cash Flow Models of Equity Valuation: A Response to Penman 2001," Contemporary Accounting Research, Winter, 2001, (with R. J. Lundholm)
"Reconciling Value Estimates from the Discounted Cash Flow Model and the Residual Income Model," Contemporary Accounting Research, Summer, 2001, (with R. J. Lundholm)
"MD&A Quality as Measured by the SEC and Analysts’ Earnings Forecasts," Contemporary Accounting Research, Spring, 1999, (with Barron, O., C. Kile)
"Compliance with GAAS Reporting Standards and Time, Client Type, and Audit Firm Size: Evidence from a Positive Enforcement Program," Auditing: A Journal of Practice and Theory, Fall, 1995, (with G. Colbert)
"The Production of Audit Services: Evidence from a Major Public Accounting Firm," Journal of Accounting Research, Fall, 1994, (with D. Simunic and M. Stein)
"Audit Fees, Industry Specialization, and Compliance with GAAS Reporting Standards," Auditing: A Journal of Practice and Theory, Fall, 1994, (with R. King, and K. Gaver)
"Industry Differences in the Production of Audit Services," Auditing: A Journal of Practice and Theory, Auditing Symposium Supplement, 1994, (with M. Stein, D. Simunic)
Conformance to GAAS Reporting Standards in Municipal Audits and the Economics of Auditing: The Effects of Audit Firm Size, CPA Examination Performance, and Competition. Research in Accounting Regulation, 1992 (with P. Westort).
"Relative Accuracy and Predictive Ability of Direct Valuation Methods, PE Method and a Hybrid Approach," Accounting and Finance, (with Lucie Courteau, Jennifer Kao, Gordon Richardson)
Primary Research Areas
Capital Markets and Valuation
Economics of Auditing
"Public Disclosure of Forward Contracts and Revelation of Proprietary Information," Review of Accounting Studies, 2002, (with J.S. Hughes and J.L. Kao)
"Effect of Unitary vs. Nounitary State Income Taxes on Interstate Resource Allocation: Some Analytical and Simulation Results," Journal of the American Taxation Association, 2001, (with C. W. Swenson and T. L. Lease)
"Purchase vs. Pooling in Stock-for-stock Acquisitions: Why Do Firms Care?Purchase vs. Pooling in Stock-for-stock Acquisitions: Why Do Firms Care?," Journal of Accounting and Economics, 2000, (with D. Aboody and R. Kasznik)
"A Model of Corporate Rent Seeking through Tax Legislation," Journal of Accounting and Public Policy, 1999, (with C. W. Swenson)
"Stock Index Features: Implications for International Capital Taxation," Journal of International Money and Finance, 1996
"Global Warming and Carbon Taxation: Optimal Policy and the Role of Administration Costs," Energy Economics, 1995
"Incidence Effect of a State Fiscal Policy Shift: The Florio Initiatives in New Jersey," National Tax Journal, 1992, (with D. F. Bradford and W. T. Bogart)
"Discussion of 'The Role of Private Information Precision in Determining Cost Equity Capital'," Review of Accounting Studies, Forthcoming
Primary Research Areas
Economics of taxation and financial markets
