Two studies find that regulations aimed at improving the transparency of corporate accounting practices appear to have driven down the amount of money companies spent on innovation, capital improvements, and mergers and acquisitions.
When faced with a lucrative financial offer for more wealth than he could fathom – a wise man on a Millennium Falcon once said, “I can imagine quite a bit.” But there’s no need to imagine anything, and no waiting for the opportune moment. The big score, so to speak, is only as evasive as we allow it to be. “That may seem impossible, but it is entirely achievable,” said Daniel Chi, UNLV’s chair of the Department of Finance in the Lee Business School.
Accounting firms like to advertise the array of services they offer to save clients money on their taxes, but a new study from the University of Iowa’s Tippie College of Business finds the firm and its services aren’t nearly as important as the tax partner leading the engagement team.
New research from Weili Ge, professor of accounting at the University of Washington Foster School of Business, found that CEOs who engage in prosocial behavior — activities that primarily help others — are more likely to make decisions that benefit people and increase company value.
When a company is sued by shareholders, other companies in the same industry often see a drop in their own stock price and start to behave more transparently, presumably to avoid similar lawsuits.
Maryland’s Smith School of Business and Deloitte Foundation have launched a scholarship program to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent.
New research finds that corporate executives are more likely to increase their profits from insider trading when individual state income taxes go up, presumably because the executives are attempting to offset the increased taxes they will be paying.
Businesses that want to make their workplaces safer might try adopting a more rigorous accounting system.
A new study from the University of Iowa’s Tippie College of Business found that firms with fewer workplace injuries also have more accurate earnings forecasts or have to restate their earnings less often.
Cornell College is proud to announce a new partnership with the Master of Accounting (MAcc) Program at William & Mary’s Raymond A. Mason School of Business.
While companies incorporate in tax havens to reduce their tax burden and improve their bottom lines, a recent study finds investors are leery of the risks associated with tax havens.
A law governing pensions gave business scholars an unprecedented research opportunity to understand the impact of financial constraints.
Maryland Smith tax expert Samuel Handwerger starts with Elon Musk’s stake in virtual currency and explores the implications for the future of finance – and the IRS.
After a major corporate fraud case hits a city, financially motivated neighborhood crimes like robbery and theft increase in the area, a new study suggests. The revelation of corporate accounting misconduct is linked to a 2.3 percent increase in local financially motivated crimes in the following year.
When an accounting firm has a diversified client portfolio, the quality of the firm’s audits suffers – and the more industry sectors it audits, the worse those audits are.
New research finds that corporate tax-planning practices improve when a company’s board takes an interest – and better planning results in both less tax uncertainty and a lower tax burden.