Browsing Accounting and Finance by Issue Date
Now showing items 21-40 of 44
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The Effects of Performance Incentives and Creativity Training on Creative Problem Solving Performance
(University of Waterloo, 2015-11-09)I investigate the effect of different incentive schemes on employees’ effort and performance in a creative problem-solving task because current literature is divided on the effect of performance-based incentives on creative ... -
Market Adaptation to Climate Risk: Evaluating Property Insurance Pricing in Vulnerable Coastal Communities
(University of Waterloo, 2016-01-22)Financial recovery through insurance is critical to restoring socio-economic livelihoods as severe weather and water damage rank as the leading causes for property insurance claims across Canada. As climate change increases ... -
Can Elicitation Methods Increase the Precision of Fair Value Estimates?
(University of Waterloo, 2016-12-21)This dissertation is motivated by recent changes in financial reporting regulation effected by the adoption of IFRS in Europe, Australia, and Canada, and SFAS 142 (FASB 2001) and SFAS 157 (FASB 2007 and 2011) in the U.S., ... -
Unprofitable Affiliates and Income Shifting Behavior
(American Accounting Association, 2017-05)Income shifting from high-tax to low-tax jurisdictions is considered a primary method of reducing worldwide tax burdens of multinational firms. Current losses also affect income shifting incentives. We extend prior approaches ... -
The Effect of Group Identity on Sabotage Induced by Relative Performance Information
(University of Waterloo, 2017-08-29)Organizations commonly provide relative performance information (RPI) as part of their management control systems to motivate employees. Despite the benefits of RPI that have been well-documented in the literature, RPI can ... -
News Management and Earnings Management around Accelerated Share Repurchases
(University of Waterloo, 2017-09-27)There has been a growing trend in accelerated share repurchases (ASRs) in the last decade. ASRs are an alternative to commonly used open market repurchases (OMRs). In an ASR, a firm commits itself to repurchasing an announced ... -
The Effect of Canadian Tax Policy on Executive Equity Grants: Corporate Tax Planning and Managerial Power
(University of Waterloo, 2018-08-20)This study examines how the tax treatment of corporate tax-deductible restricted share units and employee tax-favoured stock options at the employer and employee level affect the extent of their use in executive equity ... -
Disciplinary directors: Evidence from the appointments of outside directors who have fired CEOs
(Elsevier, 2018-11-01)By examining board appointments of outside directors who have previously fired a CEO, we study how directors’ willingness to take disciplinary actions is related to a firm's performance and risk-taking. Such directors ... -
Does the Financial Reporting Transparency of Securitization Affect Bank Lending Decisions?
(University of Waterloo, 2018-11-06)This thesis examines the effect of financial reporting transparency for securitization on banks' mortgage lending decisions. Prior research (e.g., Mian & Sufi 2009, Keys, Mukherjee, Seru, & Vig 2010} shows that securitization ... -
Working Smarter and Working Harder: Combining Learning and Performance Goals to Improve Performance in a High-Complexity Task Environment
(University of Waterloo, 2018-12-20)In a high-complexity task environment individual productivity can be improved through exerting more effort (i.e., working harder) as well as by learning improved task strategies. I examine the productivity effects of both ... -
Improving Perceptions of Fairness and Performance through Explanation and Perspective Taking
(University of Waterloo, 2019-08-02)Employee performance can be negatively impacted due to the occurrence of unforeseen negative events. To filter out the influence of these negative exogenous shocks on employee compensation, management can commit ex-ante ... -
Equity financing restrictions and the asset growth effect: International vs. Asian evidence
(Elsevier, 2019-10)This paper investigates the driver of asset growth to explain the cross-country variation of the asset growth effect. We find that institutional restrictions on equity financing constrain firms' abilities to grow assets, ... -
Variable pay: Is it for the worker or the firm?
(Elsevier, 2019-10)Why do firms pay their workers with variable pay? The standard explanation appeals to a problem that the worker faces, e.g., agency. We develop a model of variable pay endogenously driven by the capital structure problem ... -
The Effects of Narcissism and Perspective-taking on Managers’ Escalation of Commitment
(University of Waterloo, 2020-02-19)Companies often have the opportunity to invest in capital assets. Unfortunately, the benefits of such investments are not always realized and managers are challenged with deciding whether they should withdraw their support ... -
The Treatment of Accounting Changes in Covenants and Debt Contracting Efficiency
(University of Waterloo, 2020-08-04)Debt contracts contain accounting-based covenants that could be affected by changes in generally accepted accounting principles (GAAP). There are three types of contractual treatment of GAAP changes: excluding GAAP changes ... -
Tax-Planning vs. Coordination: The Dual Role of Internal Capital Allocation
(University of Waterloo, 2020-12-03)In this thesis, I examine how a multinational corporation (MNC) allocates capital among its international subsidiaries. This capital allocation has both a managerial and tax-planning objective. On the managerial side, it ... -
Accounting Conservatism and Risk Disclosures
(University of Waterloo, 2021-07-22)This thesis adopts a broad view of conservative financial reporting—managers can use two ways to communicate business uncertainties to outsiders, namely, conservative accounting via timely loss recognition and narrative ... -
KPI Information Acquisition by Analysts: Evidence from Conference Calls
(University of Waterloo, 2021-09-10)As performance measures based on generally accepted accounting principles (GAAP) deteriorate in usefulness, information users are placing more reliance on alternative performance measures. Key performance indicators (KPIs) ... -
Tax Incentives in Corporate Acquisitions
(University of Waterloo, 2021-09-30)In this dissertation, I examine tax incentives in corporate acquisitions. Reported tax losses or net operating losses (NOLs) under the United States (U.S.) income tax law have grown considerably in recent years. Yet, there ... -
Fair Value Accounting and Informational Efficiency: A Look at the Confirmatory Role of Financial Reports
(University of Waterloo, 2021-11-02)Prior analytical research suggests that independently verified financial reports can enhance informational efficiency by serving a confirmatory role, where they discipline managers’ unverified, but more timely, voluntary ...