The Innovation and Reporting Consequences of Financial Regulation for Young Life‐Cycle Firms

Allen, Abigail M.; Lewis-Western, Melissa Fay; Valentine, Kristen

doi:10.1111/1475-679x.12398

Cited by 22 publications

(2 citation statements)

References 124 publications

(208 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…According to A. Allen, an employee of the American Institute of Labor, the accounting of business behavior is: the development of theoretical foundations that explain the nature and determine the factors of the value of people from the point of view of official organizations; development of reasonable and reliable methods for assessing the value and value of people for organizations; design of organizational support for the implementation of the proposed assessment methods [12] based on the use of indicators of net assets and net liabilities in adequate assessments.…”

Section: Resultsmentioning

confidence: 99%

Changing patterns of business behavior: The Ukrainian experience of adaptation of global accounting and financial mechanisms

Calinescu¹,

Ліхоносова²,

Зеленко³

2023

SHS Web Conf.

View full text Add to dashboard Cite

In the context of growing turbulence in economic development, it becomes necessary to determine the main patterns of interaction between business and its counterparties. The purpose of this study is to determine behavior patterns - patterns and eliminate existing obstacles to leveling negative phenomena in the economy and finding conditions for meeting business needs, incentives for further development, improving the quality and standard of living, attracting more financial resources, investments to ensure production. The methodological basis of the study was modern regulatory and legislative sources of formation of accounting and financial mechanisms and patterns in business activity. In the conducted researches, methods of dialectics, methods and principles of scientific knowledge. As a result of the study, the possibility of substantiating the patterns of business behavior that form the system of financial, transactional management and strategic accounting of intellectual property and its structural components based on a complex of conceptual approaches is determined: the theory of intellectual capital, intellectual property valuations, accounting and management, the methodology of net intellectual capital accounting. Conclusions are presented by the optimal variant of pattern changes that corresponds to the selected conditions of adaptation of the accounting and financial mechanism to the conditions of business development can be obtained only on the basis of intuitive selection, appropriate traditional methods, algorithms, strategies, which will be the basis of the set goals and tasks related to the nature of doing business.

show abstract

Section: Resultsmentioning

confidence: 99%

Changing patterns of business behavior: The Ukrainian experience of adaptation of global accounting and financial mechanisms

Calinescu¹,

Ліхоносова²,

Зеленко³

2023

SHS Web Conf.

View full text Add to dashboard Cite

show abstract

“…Nonetheless, R&D remains a crucial catalyst for a firm's innovation and growth. Post‐SOX, with enhanced corporate governance and board oversight, firms are expected to be more judicious in their R&D investments, particularly those in growth phases (Allen et al., 2022; Chan et al., 2015). Sales growth is chosen as a proxy for growth, as revenue surprises align closely with stock returns for high R&D companies (Kama, 2009), and the successful commercialization of R&D (Lin et al., 2006) is likely to become more critical in justifying R&D increases post‐SOX.…”

Section: Background and Hypotheses Developmentmentioning

confidence: 99%

Has R&D investment become riskier for CEOs after the Sarbanes Oxley Act?

Lee

2024

J Corp Accounting Finance

View full text Add to dashboard Cite

This study explores the link between R&D investment variability and CEO turnover across the eras surrounding the Sarbanes‐Oxley Act (SOX). It posits that, after SOX, R&D expenditure hikes not matched by sales growth may trigger more frequent CEO turnover, driven by a perceived increase in risk. Data from 1996 to 2010 reveal that, before SOX, R&D increases positively correlate with CEO job stability. In contrast, after SOX, a rise in R&D spending is linked to a higher rate of CEO turnover, particularly involuntary dismissals. The study further identifies that post‐SOX, the negative impact of R&D spikes on CEO turnover is significantly mitigated when such investment aligns with sales growth. The findings suggest a significant influence of R&D investments on CEO turnover, underscoring the need for boards to deliberate the consequences of R&D spending and CEO turnover to better align shareholders and CEO interests.

show abstract

Does the firm's life cycle matter in the relationship between short‐term debt and investment efficiency?

Abuhommous

2024

Int. J Fin Econ

View full text Add to dashboard Cite

In this paper, we investigate the role of short‐term debt in investment efficiency, and we examine the impact of the firm's life cycle stages on this relationship. Using data from non‐financial companies in the United States from 1971 to 2021, we argue that the short‐term debt may reduce the information asymmetries and discipline the management decisions, thus improving the investment efficiency. We argue, however, that the relationship varies throughout different life cycle stages. We find that short‐term debt positively influences investment efficiency and over‐investment. Furthermore, the firm's life cycle significantly impacts investment efficiency, with the introduction and growth stages negatively associated with it. The life cycle also affects the relationship between short‐term debt and investment efficiency, particularly during the growth stage. These results emphasis the role of short‐term debt and the firm's life cycle in mitigating information asymmetries and shaping management behaviour.

show abstract

The Innovation and Reporting Consequences of Financial Regulation for Young Life‐Cycle Firms

Cited by 22 publications

References 124 publications

Changing patterns of business behavior: The Ukrainian experience of adaptation of global accounting and financial mechanisms

Changing patterns of business behavior: The Ukrainian experience of adaptation of global accounting and financial mechanisms

Has R&D investment become riskier for CEOs after the Sarbanes Oxley Act?

Does the firm's life cycle matter in the relationship between short‐term debt and investment efficiency?

Contact Info

Product

Resources

About