|
Adams, R. B., Almeida, H., & Ferreira, D. (2005). Powerful CEOs and Their Impact on Corporate Performance. The Review of Financial Studies, 18(4), 1403–1432. https://doi.org/10.1093/RFS/HHI030 Agrawal, A., & Cooper, T. (2017). Corporate Governance Consequences of Accounting Scandals: Evidence from Top Management, CFO and Auditor Turnover. In Quarterly Journal of Finance (Vol. 7, Issue 1). https://doi.org/10.1142/S2010139216500142 Ahmed, A. S., Billings, B. K., Morton, R. M., & Stanford-Harris, M. (2002). The role of accounting conservatism in mitigating bondholder-shareholder conflicts over dividend policy and in reducing debt costs. Accounting Review, 77(4), 867–890. https://doi.org/10.2308/accr.2002.77.4.867 Ahmed, A. S., & Duellman, S. (2007). Accounting conservatism and board of director characteristics: An empirical analysis. Journal of Accounting and Economics, 43(2–3), 411–437. https://doi.org/10.1016/j.jacceco.2007.01.005 Ahmed, A. S., & Duellman, S. (2011). Evidence on the role of accounting conservatism in monitoring managers’ investment decisions. Accounting and Finance, 51(3), 609–633. https://doi.org/10.1111/j.1467-629X.2010.00369.x Ahmed, A. S., & Duellman, S. (2013). Managerial Overconfidence and Accounting Conservatism. Journal of Accounting Research, 51(1), 1–30. https://doi.org/10.1111/j.1475-679X.2012.00467.x Andres, C., van den Bongard, I., & Lehmann, M. (2013). Is busy really busy? Board governance revisited. Journal of Business Finance and Accounting, 40(9–10), 1221–1246. https://doi.org/10.1111/jbfa.12051 Baker, T. A., Lopez, T. J., Reitenga, A. L., & Ruch, G. W. (2019). The influence of CEO and CFO power on accruals and real earnings management. Review of Quantitative Finance and Accounting, 52(1), 325–345. https://doi.org/10.1007/s11156-018-0711-z Ball, R., & Shivakumar, L. (2005). Earnings quality in UK private firms: Comparative loss recognition timeliness. Journal of Accounting and Economics, 39(1), 83–128. https://doi.org/10.1016/j.jacceco.2004.04.001 Barnes, J. A. (1954). Class and Committees in a Norwegian Island Parish. Human Relations, 7(1), 39–58. https://doi.org/10.1177/001872675400700102 Basu, S. (1997). The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics, 24(1), 3–37. https://doi.org/10.1016/S0165-4101(97)00014-1 Beaver, W. H., & Ryan, S. G. (2005). Conditional and Unconditional Conservatism:Concepts and Modeling. Review of Accounting Studies, 10(2–3), 269–309. https://doi.org/10.1007/s11142-005-1532-6 Beck, M. J., & Mauldin, E. G. (2014). Who’s really in charge? Audit committee versus CFO power and audit fees. Accounting Review, 89(6), 2057–2085. https://doi.org/10.2308/accr-50834 Bedard, J. C., Hoitash, R., & Hoitash, U. (2014). Chief financial officers as inside directors. Contemporary Accounting Research, 31(3), 787–817. https://doi.org/10.1111/1911-3846.12045 Beekes, W., Pope, P., & Young, S. (2004). The Link Between Earnings Timeliness, Earnings Conservatism and Board Composition: evidence from the UK. Corporate Governance, 12(1), 47–59. https://doi.org/10.1111/j.1467-8683.2004.00342.x Bhandari, A., Mammadov, B., Shelton, A., & Thevenot, M. (2018). It Is Not Only What You Know, It Is Also Who You Know: CEO Network Connections and Financial Reporting Quality. AUDITING: A Journal of Practice & Theory, 37(2), 27–50. https://doi.org/10.2308/ajpt-51821 Bramer, W. M., de Jonge, G. B., Rethlefsen, M. L., Mast, F., & Kleijnen, J. (2018). A systematic approach to searching: An efficient and complete method to develop literature searches. Journal of the Medical Library Association, 106(4), 531–541. https://doi.org/10.5195/jmla.2018.283 Brown, J. L., & Drake, K. D. (2014). Network Ties Among Low-Tax Firms. The Accounting Review, 89(2), 483–510. https://doi.org/10.2308/accr-50648 Burt, R. S. (2005). Brokerage and Closure : An Introduction to Social Capital. Oxford University Press. Chemmanur, T. J., Paeglis, I., & Simonyan, K. (2010). Management Quality and Equity Issue Characteristics: A Comparison of SEOs and IPOs. Financial Management, 39(4), 1601–1642. https://doi.org/10.1111/j.1755-053X.2010.01124.x Chen, L. H., Folsom, D. M., Paek, W., & Sami, H. (2014). Accounting conservatism, earnings persistence, and pricing multiples on earnings. Accounting Horizons, 28(2), 233–260. https://doi.org/10.2308/acch-50664 Chen, L., Ng, J., & Tsang, A. (2015). The effect of mandatory IFRS adoption on international cross-listings. Accounting Review, 90(4), 1395–1435. https://doi.org/10.2308/accr-50982 Chi, H.-Y., Weng, T.-C., Chen, G.-Z., & Chen, S.-P. (2019). Do Political Connections Affect the Conservative Financial Reporting of Family Firms? Sustainability, 11(20), 5563. https://doi.org/10.3390/su11205563 Chiu, P.-C. C., Teoh, S. H., & Tian, F. (2013). Board interlocks and earnings management contagion. Accounting Review, 88(3), 915–944. https://doi.org/10.2308/accr-50369 Chung, K. H., Kim, J. S., Park, K., & Sung, T. (2012). Corporate governance, legal system, and stock market liquidity: Evidence around the world. Asia-Pacific Journal of Financial Studies, 41(6), 686–703. https://doi.org/10.1111/ajfs.12002 Cross, R., Borgatti, S. P., & Parker, A. (2002). Making Invisible Work Visible: Using Social Network Analysis to Support Strategic Collaboration. California Management Review, 44(2), 25–46. https://doi.org/10.2307/41166121 Dbouk, W., Fang, Y., Liu, L., & Wang, H. (2020). Do social networks encourage risk-taking? Evidence from bank CEOs. Journal of Financial Stability, 46, 100708. https://doi.org/10.1016/j.jfs.2019.100708 Desai, H., Hogan, C. E., & Wilkins, M. S. (2006). The Reputational Penalty for Aggressive Accounting: Earnings Restatements and Management Turnover. The Accounting Review, 81(1), 83–112. https://doi.org/10.2308/accr.2006.81.1.83 Easton, P., & Pae, J. (2004). Accounting conservatism and the relation between returns and accounting data. Review of Accounting Studies, 9(4), 495–521. https://doi.org/10.1007/s11142-004-7794-6 El-Khatib, R., Fogel, K., & Jandik, T. (2015). CEO network centrality and merger performance. Journal of Financial Economics, 116(2), 349–382. https://doi.org/10.1016/j.jfineco.2015.01.001 Enache, L., & García-Meca, E. (2019). Board Composition and Accounting Conservatism: The Role of Business Experts, Support Specialist and Community Influentials. Australian Accounting Review, 29(1), 252–265. https://doi.org/10.1111/auar.12279 Engel, E., Gao, F., & Wang, X. (2019). The Importance of Role-Specific Performance and Sociopolitical Factors for Chief Financial Officer Employment Outcomes. Accounting Horizons, 33(1), 61–81. https://doi.org/10.2308/ACCH-52251 Engelberg, J., Gao, P., & Parsons, C. A. (2012). Friends with money. Journal of Financial Economics, 103(1), 169–188. https://doi.org/10.1016/j.jfineco.2011.08.003 Falato, A., Kadyrzhanova, D., & Lel, U. (2014). Distracted directors: Does board busyness hurt shareholder value? Journal of Financial Economics, 113(3), 404–426. https://doi.org/10.1016/j.jfineco.2014.05.005 Feng, M., Ge, W., Luo, S., & Shevlin, T. (2011). Why do CFOs become involved in material accounting manipulations? Journal of Accounting and Economics, 51(1–2), 21–36. https://doi.org/10.1016/j.jacceco.2010.09.005 Ferris, S. P., Jagannathan, M., & Pritchard, A. C. (2003). Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments. The Journal of Finance, 58(3), 1087–1111. https://doi.org/10.1111/1540-6261.00559 Ferris, S. P., Javakhadze, D., & Rajkovic, T. (2017). CEO social capital, risk-taking and corporate policies. Journal of Corporate Finance, 47, 46–71. https://doi.org/10.1016/j.jcorpfin.2017.09.003 Field, L., Lowry, M., & Mkrtchyan, A. (2013). Are busy boards detrimental? Journal of Financial Economics, 109(1), 63–82. https://doi.org/10.1016/j.jfineco.2013.02.004 Fogel, K., Jandik, T., & McCumber, W. R. (2018). CFO social capital and private debt. Journal of Corporate Finance, 52(July), 28–52. https://doi.org/10.1016/j.jcorpfin.2018.07.001 Fracassi, C. (2017). Corporate Finance Policies and Social Networks. Management Science, 63(8), 2420–2438. https://doi.org/10.1287/mnsc.2016.2433 Francis, B., Hasan, I., Park, J. C., & Wu, Q. (2015). Gender Differences in Financial Reporting Decision Making: Evidence from Accounting Conservatism. Contemporary Accounting Research, 32(3), 1285–1318. https://doi.org/10.1111/1911-3846.12098 Freeman, L. C. (1978). Centrality in Social Networks Conceptual Clarification. Social Networks, 1(1968), 215–239. Friedman, H. L. (2014). Implications of power: When the CEO can pressure the CFO to bias reports. Journal of Accounting and Economics, 58(1), 117–141. https://doi.org/10.1016/j.jacceco.2014.06.004 García-Meca, E., & García-Sánchez, I. M. (2018). Does managerial ability influence the quality of financial reporting? European Management Journal, 36(4), 544–557. https://doi.org/10.1016/j.emj.2017.07.010 García-Sánchez, I.-M., Martínez-Ferrero, J., & García-Meca, E. (2017). Gender diversity, financial expertise and its effects on accounting quality. Management Decision, 55(2), 347–382. https://doi.org/10.1108/MD-02-2016-0090 García Lara, J. M., García Osma, B., & Penalva, F. (2009). Accounting conservatism and corporate governance. Review of Accounting Studies, 14(1), 161–201. https://doi.org/10.1007/s11142-007-9060-1 García Lara, J. M., García Osma, B., & Penalva, F. (2014). Information Consequences of Accounting Conservatism. European Accounting Review, 23(2), 173–198. https://doi.org/10.1080/09638180.2014.882263 García Lara, J. M., Osma, B. G., & Penalva, F. (2007). Board of Directors’ Characteristics and Conditional Accounting Conservatism: Spanish Evidence. European Accounting Review, 16(4), 727–755. https://doi.org/10.1080/09638180701706922 Givoly, D., & Hayn, C. (2000). The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative? Journal of Accounting and Economics, 29(3), 287–320. https://doi.org/10.1016/S0165-4101(00)00024-0 Godigbe, B. G., Chui, C. M., & Liu, C. L. (2018). Directors network centrality and earnings quality. Applied Economics, 50(50), 5381–5400. https://doi.org/10.1080/00036846.2018.1486992 Goyal, S., van der Leij, M. J., & Moraga‐González, J. L. (2006). Economics: An Emerging Small World. Journal of Political Economy, 114(2), 403–412. https://doi.org/10.1086/500990 Griffin, P. A. (2017). CEO Network Size and Earnings Management. European Financial Management Association Conference 2017. Griffin, P. A., Hong, H. A., Liu, Y., & Ryou, J. W. (2021). The dark side of CEO social capital: Evidence from real earnings management and future operating performance. Journal of Corporate Finance, 68, 101920. https://doi.org/10.1016/j.jcorpfin.2021.101920 Guermazi, W., & Halioui, K. (2020). Do differences in national cultures affect cross-country conditional conservatism behavior under IFRS? Research in International Business and Finance, 52, 101171. https://doi.org/10.1016/j.ribaf.2019.101171 Gul, F. A. A., Srinidhi, B., & Shieh, T. (2005). The Asian Financial Crisis, Accounting Conservatism and Audit Fees: Evidence from Hong Kong. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.315062 Hausman, J. A. (1978). Specification Tests in Econometrics. Econometrica, 46(6), 1251. https://doi.org/10.2307/1913827 Haynes, K. T., & Hillman, A. (2010). The effect of board capital and CEO power on strategic change. Strategic Management Journal, 31(11), 1145–1163. https://doi.org/10.1002/smj.859 He, J. (2021). Executive Network Centrality and Corporate Reporting. Management Science, Forthcomin. https://doi.org/10.1287/mnsc.2020.3924 Heckman, J. J. (1979). Sample Selection Bias as a Specification Error. Econometrica, 47(1), 153. https://doi.org/10.2307/1912352 Ho, S. S. M., Li, A. Y., Tam, K., & Zhang, F. (2015). CEO Gender, Ethical Leadership, and Accounting Conservatism. Journal of Business Ethics, 127(2), 351–370. https://doi.org/10.1007/s10551-013-2044-0 Hofstede, G. (1980). Culture’s consequences: International differences in work-related values. (1st ed.). Sage Publications. Huijgen, C., & Lubberink, M. (2005). Earnings conservatism, litigation and contracting: The case of cross-listed firms. Journal of Business Finance and Accounting, 32(7–8), 1275–1309. https://doi.org/10.1111/j.0306-686X.2005.00629.x Jackson, D., & Fang, F. (2014). CEO Networks and Bank Risk Taking. Banking and FInance Review, 6(1), 37–53. Jackson, M. O. (2010). Social and Economic Networks. Princeton University Press. Janahi, M., Millo, Y., & Voulgaris, G. (2021). CFO gender and financial reporting transparency in banks. European Journal of Finance, 27(3), 199–221. https://doi.org/10.1080/1351847X.2020.1801481 Jiang, J., Petroni, K. R., & Yanyan Wang, I. (2010). CFOs and CEOs: Who have the most influence on earnings management? Journal of Financial Economics, 96(3), 513–526. https://doi.org/10.1016/j.jfineco.2010.02.007 Jin, J. Y., Kanagaretnam, K., Lobo, G. J., & Mathieu, R. (2017). Social capital and bank stability. Journal of Financial Stability, 32, 99–114. https://doi.org/10.1016/j.jfs.2017.08.001 Kanagaretnam, K., Lim, C. Y., & Lobo, G. J. (2014). Influence of national culture on accounting conservatism and risk-taking in the banking industry. Accounting Review, 89(3), 1115–1149. https://doi.org/10.2308/accr-50682 Khan, M., & Watts, R. L. (2009). Estimation and empirical properties of a firm-year measure of accounting conservatism. Journal of Accounting and Economics, 48(2–3), 132–150. https://doi.org/10.1016/j.jacceco.2009.08.002 Khanna, V., Kim, E. H., & Lu, Y. (2015). CEO Connectedness and Corporate Fraud. The Journal of Finance, 70(3), 1203–1252. https://doi.org/10.1111/jofi.12243 Khlif, H., & Achek, I. (2017). Gender in accounting research: a review. Managerial Auditing Journal, 32(6), 627–655. https://doi.org/10.1108/MAJ-02-2016-1319 Kim, Y., Li, S., Pan, C., & Zuo, L. (2013). The Role of Accounting Conservatism in the Equity Market: Evidence from Seasoned Equity Offerings. The Accounting Review, 88(4), 1327–1356. https://doi.org/10.2308/accr-50420 Koh, K. (2011). Value or Glamour? An empirical investigation of the effect of celebrity CEOs on financial reporting practices and firm performance. Accounting and Finance, 51(2), 517–547. https://doi.org/10.1111/j.1467-629X.2010.00357.x Krishnamurti, C., Chowdhury, H., & Han, H. D. (2021). CEO centrality and stock price crash risk. Journal of Behavioral and Experimental Finance, 31, 100551. https://doi.org/10.1016/j.jbef.2021.100551 Lafond, R., & Roychowdhury, S. (2008). Managerial ownership and accounting conservatism. Journal of Accounting Research, 46(1), 101–135. https://doi.org/10.1111/j.1475-679X.2008.00268.x LaFond, R., & Watts, R. L. (2008). The Information Role of Conservatism. The Accounting Review, 83(2), 447–478. https://doi.org/10.2308/accr.2008.83.2.447 Leone, A. J., & Liu, M. (2010). Accounting irregularities and executive turnover in founder-managed firms. Accounting Review, 85(1), 287–314. https://doi.org/10.2308/accr.2010.85.1.287 Levy, H., Shalev, R., & Zur, E. (2018). The Effect of CFO Personal Litigation Risk on Firms’ Disclosure and Accounting Choices. Contemporary Accounting Research, 35(1), 434–463. https://doi.org/10.1111/1911-3846.12378 Li, D., Jiang, Q., & Mai, Y. (2019). Board interlocks and capital structure dynamics: evidence from China. Accounting and Finance, 59(S2), 1893–1922. https://doi.org/10.1111/acfi.12531 Liang, S., Chen, D., Fu, B., & Fang, K. (2017). Independent directors’ board networks and accounting conservatism. China Journal of Accounting Studies, 5(2), 173–195. https://doi.org/10.1080/21697213.2017.1339430 Lin, C.-M., Chan, M.-L., Chien, I.-H., & Li, K.-H. (2018). The relationship between cash value and accounting conservatism: The role of controlling shareholders. International Review of Economics & Finance, 55(July 2017), 233–245. https://doi.org/10.1016/j.iref.2017.07.017 Liu, Y., Wei, Z., & Xie, F. (2016). CFO gender and earnings management: Evidence from China. Review of Quantitative Finance and Accounting, 46(4), 881–905. https://doi.org/10.1007/s11156-014-0490-0 Malikov, K., & Gaia, S. (2021). Do CEO social connections promote corporate malpractices? Evidence from classification shifting. Accounting Forum, 1–25. https://doi.org/10.1080/01559982.2021.1975616 Mayer, R. C., Davis, J. H., & Schoorman, F. D. (1995). An Integrative Model of Organizational Trust. Academy of Management Review, 20(3), 709–734. https://doi.org/10.5465/amr.1995.9508080335 McCracken, S., Salterio, S. E., & Gibbins, M. (2008). Auditor-client management relationships and roles in negotiating financial reporting. Accounting, Organizations and Society, 33(4–5), 362–383. https://doi.org/10.1016/j.aos.2007.09.002 Mitchell, J. C. (1974). Social Networks. Annual Review of Anthropology, 3(1), 279–299. https://doi.org/10.1146/annurev.an.03.100174.001431 Mizruchi, M. S., & Potts, B. B. (1998). Centrality and power revisited: Actor success in group decision making. Social Networks, 20(4), 353–387. https://doi.org/10.1016/S0378-8733(98)00009-4 Muttakin, M. B., Khan, A., & Tanewski, G. (2019). CFO tenure, CFO board membership and accounting conservatism. Journal of Contemporary Accounting and Economics, 15(3), 100165. https://doi.org/10.1016/j.jcae.2019.100165 Nahapiet, J., & Ghoshal, S. (1998). Social Capital, Intellectual Capital, and the Organizational Advantage. The Academy of Management Review, 23(2), 242. https://doi.org/10.2307/259373 Newman, M. E. J. (2003). The structure and function of complex networks. SIAM Review, 45(2), 167–256. https://doi.org/10.1137/S003614450342480 Ng, D. C. W., & Law, K. (2015). Impacts of informal networks on innovation performance: evidence in Shanghai. Chinese Management Studies, 9(1), 56–72. https://doi.org/10.1108/CMS-05-2013-0077 Padgett, J. F., & Ansell, C. K. (1993). Robust Action and the Rise of the Medici, 1400-1434. American Journal of Sociology, 98(6), 1259–1319. https://doi.org/10.1086/230190 Ramalingegowda, S., & Yu, Y. (2012). Institutional ownership and conservatism. Journal of Accounting and Economics, 53(1–2), 98–114. https://doi.org/10.1016/j.jacceco.2011.06.004 Rees, A. (1966). Information Networks in Labor Markets. American Economic Review, 56(1–2), 559–566. Roychowdhury, S., & Watts, R. L. (2007). Asymmetric timeliness of earnings, market-to-book and conservatism in financial reporting. Journal of Accounting and Economics, 44(1–2), 2–31. https://doi.org/10.1016/j.jacceco.2006.12.003 Sabidussi, G. (1966). The centrality index of a graph. Psychometrika, 31(4), 581–603. https://doi.org/10.1007/BF02289527 Salter, S. B., Kang, T., Gotti, G., & Doupnik, T. S. (2013). The Role of Social Values, Accounting Values and Institutions in Determining Accounting Conservatism. Management International Review, 53(4), 607–632. https://doi.org/10.1007/s11575-012-0152-1 Schopohl, L., Urquhart, A., & Zhang, H. (2021). Female CFOs, leverage and the moderating role of board diversity and CEO power. Journal of Corporate Finance, 71(December 2020), 101858. https://doi.org/10.1016/j.jcorpfin.2020.101858 Shuto, A., & Takada, T. (2010). Managerial ownership and accounting conservatism in Japan: A test of management entrenchment effect. Journal of Business Finance and Accounting, 37(7–8), 815–840. https://doi.org/10.1111/j.1468-5957.2010.02196.x Snyder, H. (2019). Literature review as a research methodology: An overview and guidelines. Journal of Business Research, 104(July), 333–339. https://doi.org/10.1016/j.jbusres.2019.07.039 Stock, J. H., & Watson, M. W. (2008). Introduction to econometrics (Brief ed.). Pearson/Addison-Wesley. Tang, M., & Xin, H. (Christine). (2021). Asymmetric Timing of Gain and Loss Recognition and Insider Trading Profitability. Journal of Accounting, Auditing & Finance, 0148558X2110088. https://doi.org/10.1177/0148558X211008840 Torraco, R. J. (2005). Writing Integrative Literature Reviews: Guidelines and Examples. Human Resource Development Review, 4(3), 356–367. https://doi.org/10.1177/1534484305278283 Vichitsarawong, T., Eng, L. L., & Meek, G. K. (2010). The impact of the Asian financial crisis on conservatism and timeliness of earnings: Evidence from Hong Kong, Malaysia, Singapore, and Thailand. Journal of International Financial Management and Accounting, 21(1), 32–61. https://doi.org/10.1111/j.1467-646X.2009.01035.x Wen-Hsin Hsu, A., O’hanlon, J., & Peasnell, K. (2011). Financial Distress and the Earnings-Sensitivity-Difference Measure of Conservatism. Abacus, 47(3), 284–314. https://doi.org/10.1111/j.1467-6281.2011.00342.x Wooldridge, J. M. (2016). Introductory Econometrics (A Modern Approach) (6th Editio). Cengage Learning. Yin, M., Zhang, J., & Han, J. (2020). Impact of CEO-board social ties on accounting conservatism: Internal control quality as a mediator. North American Journal of Economics and Finance, 52(March), 101172. https://doi.org/10.1016/j.najef.2020.101172
|