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on Accounting and Auditing |
| By: | Quick, Reiner; Sayar, Sanjar |
| Abstract: | Numerous corporate scandals, in conjunction with managerial misbehavior, demonstrate both the need for effective compliance management systems (CMS) and the relevance of compliance reporting. Disclosure elements are a major differentiator when reporting on CMS. This study investigates whether the tone, top managers’ signatures, and visual elements affect financial analysts’ perceptions and decisions. We use several theories from cognitive psychology which suggest that positive tone, the presence of signatures, and the combination of textual and visual elements can induce more favorable perceptions of compliance disclosure. In a 2 × 2 × 2 between-subjects experiment with 148 financial analysts from Germany, we manipulate tone (positive vs. negative), top managers’ signatures (present vs. absent), and visual elements (present vs. absent) to measure analyst perceptions of reliability, understandability, and usability, as well as credit risk, purchase, and recommendation decisions. We then sum up these dependent variables to create two new variables, perceptions, and decisions. Our results suggest that negatively toned compliance disclosure positively affects financial analyst perceptions, unless it is combined with a visual, as well as their decisions, unless it is combined with both a signature and a visual element. Additionally, signatures and a visual element have an overall positive effect on analyst perceptions. The study’s results confirm the relevance of disclosure elements in compliance reporting, which should be of interest to preparers, users, auditors, and regulators of compliance disclosure. |
| Date: | 2026–08–25 |
| URL: | https://d.repec.org/n?u=RePEc:dar:wpaper:161917 |
| By: | Harin, Alexander |
| Abstract: | This is the second part of the systematic introduction to the sub-interval analysis. In particular, an introduction to sub-interval images (or SI-images or S-IIs or SIIs) is presented here. Basic notions of the sub-interval images are formulated. Some concepts of SII-indexing are proposed. A short general outlook of possible use of the SI-analysis for Big Data is given. The S-IIs can be used mainly in approximations and preliminary operations such as preliminary analysis, search, and recognition in databases; in, e.g., accounting and audit, micro- and macroeconomics and, especially, in Big Data. |
| Keywords: | mathematic; databases; Big Data; macroeconomics; microeconomics; accounting; |
| JEL: | C02 C1 M4 |
| Date: | 2026–09–01 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:130725 |
| By: | Lee, Woongki (Yonsei University) |
| Abstract: | In this study, we examine how accounting variables represent the core elements of firm activity and how the relations among these variables connect business accounting to market valuation. Building on this account, we develop a unified framework that expresses market values in accounting terms. A key contribution of this framework is that it places market-based and book-based measures of return within a single coherent structure. This unification, in turn, provides a new theoretical basis for refining central principles in corporate finance and valuation. |
| Date: | 2026–08–01 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:h9q8w_v1 |
| By: | Gabriel Z. Tourek; Arthur Laroche; Augustin Bergeron; Joana Naritomi; Jonathan L. Weigel; Marina Mavungu Ngoma |
| Abstract: | Progressive taxation is central to high-income countries' tax systems, but developing countries typically rely on less progressive instruments. We study the introduction of progressive property taxation in a large Congolese city through a citywide field experiment conducted in partnership with the provincial government. Neighborhoods were randomly assigned to a progressive or a proportional schedule. The progressive schedule increased revenue by 56% relative to the proportional one. Gains occurred throughout the property value distribution: at the top, higher statutory rates mechanically raised revenue despite modest compliance losses; at the bottom, lower rates induced compliance gains large enough to offset lower liabilities. Cross-randomized information treatments show that taxpayers responded primarily to their own rates, not to others' rates or to the perceived fairness of the overall schedule. Effective tax rates – taxes paid as a share of property value – declined with property value and were most regressive under the progressive schedule. However, after a progressive schedule was scaled up citywide in subsequent years, targeted enforcement among high-value properties reversed this pattern, aligning statutory and effective rates. Together, the results suggest that progressive property taxation can raise fiscal capacity in low-income settings and, when paired with targeted enforcement, further shift the tax burden onto wealthier property owners. |
| JEL: | H0 O10 |
| Date: | 2026–07 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:35536 |