A new study uncovers the critical role that firm flexibility plays in CFO decision making during and post-pandemic I do not typically present two consecutive posts on the same topic, but I will make an exception this week. Earlier this week, I reviewed research on the pandemic’s impact on corporate managers. Today I highlight a…
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New research concludes that companies’ pre-pandemic SEC 10K Risk Factors disclosures were effective predictors of future equity performance The economic impact produced by the pandemic has been something new in modern times and continues to play out around the world. Real GDP fell 11% in the U.S., and the IMF forecasts that global output saw…
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New research suggests that how auditors see errors caused by missing financial information may be hiding the most preferred type of financial fraud In Brief: Accounting practice generally operates with the idea that most fraud is committed through direct misrepresentation of financial data. Thus, omitted financial information is less likely to trigger additional investigation when…
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New research explains how people use novel mental accounting techniques to live with ill-gotten gains In Brief: Money should be a fungible good, i.e., money gained from different sources should be indistinguishable to the gainer, says classical economic theory. However, new research suggests that money gained unethically is treated negatively in the minds of the gainers.…
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New research looks at the first generation of enterprise blockchain initiatives and finds success and lessons on which second-generation projects can build In Brief: Important new research has taken a comprehensive view of the state of enterprise blockchain applications to assess their impact on operational problems and legacy technology platforms. The conclusions from the published work…
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