Accounting Papers
Accounting methods have a significant impact not only on decisions made by management teams but also on the behavior of investors, creditors, regulatory agencies, consumers, and employees. Through their teaching, research, and professional activities, faculty members in Wharton’s Accounting Department strive to develop the best ways to measure and communicate an organization’s economic activities.
To meet the needs of today’s complex markets, Wharton’s Accounting Department takes a multidisciplinary approach to the field, integrating finance and economics with broader perspectives on organizational issues and the business environment.
Submissions from 2002
Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility, John E. Core and Wayne R. Guay
Performance Consequences of Mandatory Increases in Executive Stock Ownership, John E Core and David F. Larcker
Discussion of Real Investment Implications of Employee Stock Option Exercises, Wayne R. Guay
The Impact of Voluntary Corporate Disclosures on the Ex-Ante Cost of Capital for Swiss Firms, Luzi Hail
Determinants of Performance Measure Choices in Worker Incentive Plans, Christopher D. Ittner and David F. Larcker
Intertemporal Tax Discontinuities, Douglas A. Shackelford and Robert E. Verrecchia
Submissions from 2001
Do Institutional Investors Prefer Near-Term Earnings Over Long-Run Value?, Brian J. Bushee
A Review of the Empirical Disclosure Literature: Discussion, John E. Core
Stock Option Plans for Non-Executive Employees, John E. Core and Wayne R. Guay
The Relevance of the Value-Relevance Literature for Financial Accounting Standard Setting, Robert W. Holthausen and Ross L. Watts
Assessing Empirical Research in Managerial Accounting: A Value-Based Management Perspective, Christopher D. Ittner and David F. Larcker
Essays on Disclosure, Robert E. Verrecchia
Submissions from 2000
Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility, Brian J. Bushee and Christopher F. Noe
The Directors' and Officers' Insurance Premium: An Outside Assessment of the Quality of Corporate Governance, John E Core
Discussion of Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers, Wayne R. Guay
The Cash-Flow Permanence and Information Content of Dividend Increases Versus Repurchases, Wayne R. Guay and Jarrad Harford
Submissions from 1999
The Use of Equity Grants to Manage Optimal Equity Incentive Levels, John E. Core and Wayne R. Guay
Public Information and Heuristic Trade, Paul E. Fischer and Robert E. Verrecchia
The Impact of Product Variety on Automobile Assembly Operations: Empirical Evidence and Simulation Analysis, Marshall L. Fisher and Christopher D. Ittner
The Impact of Cash Flow Volatility on Discretionary Investment and the Costs of Debt and Equity Financing, Bernadette A. Minton and Catherine M. Schrand
Submissions from 1998
Hedging and Coordinated Risk Management: Evidence From Thrift Conversions, Catherine M. Schrand and Haluk Unal
Submissions from 1997
Why Firms Use Currency Derivatives, Christopher C. Geczy, Bernadette A. Minton, and Catherine M. Schrand
Submissions from 1985
The Information Content of Specialist Pricing, John P. Gould and Robert E. Verrecchia
Submissions from 1982
A New Proposal for Setting Intra-Company Transfer Prices, Rene Manes and Robert E. Verrecchia
Submissions from 1981
Evidence on the "Tax Effects" of Inflation Under Historical Cost Accounting Methods, Nicholas J. Gonedes
Submissions from 1980
Consensus Beliefs, Information Acquisition, and Market Information Efficiency, Robert E. Verrecchia
Submissions from 1977
A Comparison of the Stable and Student Distributions as Statistical Models for Stock Prices: Reply, Robert C. Blattberg and Nicholas J. Gonedes
Submissions from 1972
Income-Smoothing Behavior Under Selected Stochastic Processes, Nicholas J. Gonedes