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ACCOUNTING DISCIPLINE GROUP
2015 UTS EMERGING ACCOUNTING RESEARCHER CONSORTIUM
Professor David Larcker
James Irvin Miller Professor of Accounting
Stanford Graduate School of Business
Stanford University
Executive Incentives
&
Corporate Governance
Day 1 – Monday 2nd February 2015
08.30 – 09.00am
Registration/Coffee
09.00 – 10.30am
Morning Session 1
10.30 – 11.00am
Morning Tea
11.00 – 12.30pm
Morning Session 2
12.30 – 1.30pm
Lunch
1.30 – 3.00pm
Afternoon Session 1
3.00 – 3.30pm
Afternoon Tea
3.30 – 5.00pm
Afternoon Session – PhD Candidate and Emerging Researcher presentations:
Each presenter will have 30 minutes to present and 15 minutes for Q/A
Yun Ke (Goodman School of Business, Brock University, Canada)
“Unintended Consequences of Voluntary Disclosure: Evidence from Informed
Trading after Firms’ Initiation of Quarterly Earnings Guidance.”
Amanda Nguyen (Monash University, Australia)
“Product Market Advertising and Corporate Tax Aggressiveness”
Presentation papers will be available on the 21st of January 2015 on the UTS Accounting Website
ACCOUNTING DISCIPLINE GROUP
2015 UTS EMERGING ACCOUNTING RESEARCHER CONSORTIUM
Professor David Larcker
James Irvin Miller Professor of Accounting
Stanford Graduate School of Business
Stanford University
Networks
&
Computational Linguistics/Textual Analysis
Day 2 – Tuesday 3rd February 2015
08.30 – 09.00am
Registration/Coffee
09.00 – 10.30am
Morning Session 1
10.30 – 11.00am
Morning Tea
11.00 – 12.00pm
Morning Session 2
12.00 – 1.00pm
Lunch
1.00 – 3.00pm
Afternoon Session 1
3.00 – 3.30pm
Afternoon Tea
3.30 – 5.00pm
Afternoon Session – PhD Candidate and Emerging Researcher presentations:
Each presenter will have 30 minutes to present and 15 minutes for Q/A
Isabel Wang (University of Western Australia)
“The Effects of Tone at the Top and Quality of the Audit Committee on Internal
Auditors’ Internal Control Evaluations”
Anna Loyeung (University of Technology, Sydney)
“Who of the Top Five Executives is more likely to be Promoted to the CEO Position
and Why”
Presentation papers will be available on the 21st of January 2015 on the UTS Accounting Website
ACCOUNTING DISCIPLINE GROUP
UTS EMERGING ACCOUNTING RESEARCHER CONSORTIUM
Monday 2nd of February
Morning Sessions 1 and 2 -- Executive Incentives
Papers for Discussion will be led by Andrea Ribeiro, Nelson Ma & Samir Ghannam:
R. Lambert and D. Larcker, An Analysis of the Use of Accounting and Market Measures of
Performance in Executive Compensation Contracts, Journal of Accounting Research, 1987.
J. Core and W Guay, The use of Equity Incentives to Manage Optimal Equity Incentive Levels,
Journal of Accounting and Economics, 1999.
C. Armstrong, D. Larcker, G. Ormazabal, and D. Taylor, The Relation between Equity Incentives
and Misreporting: The Role of Risk-Taking Incentives, Journal of Financial Economics, 2013.
Background Reading:
K. Murphy, Executive Compensation, 1999.
J. Core, W. Guay, and D. Larcker, Executive Equity Compensation and Incentives: A Survey,
2003.
Afternoon Session 1 – Corporate Governance
Papers for Discussion will be led by Ann Usarat, Greg Pazmandy & Peter Chapman:
H. Demsetz and K. Lehn, The Structure of Corporate Ownership: Causes and Consequences,
Journal of Political Economy, 1985.
E. Fich and A. Shivdasani, Are Busy Boards Effective Monitors? Journal of Finance, 2006.
Background Reading:
L. Bebchuk, A. Cohen, and A. Ferrell, What Matters in Corporate Governance? Review of
Financial Studies, 2008.
D. Larcker, G. Ormazabal, and D. Taylor, The Market Reaction to Corporate Governance
Regulation, Journal of Financial Economics, 2011.
Tuesday 3rd of February
Morning Sessions 1 – Corporate Governance (continuation)
R. Masulis, C. Wang, and F. Xie, Agency Problems at Dual-Class Companies, Journal of Finance,
2009.
Morning Sessions 2 -- Networks
Papers for Discussion will be led by Pauline Lam, Ross McClure & Helen Spiropoulos:
L. Cohen, A. Frazzini, and C. Malloy, Sell-Side School Ties, Journal of Finance, 2010.
J. Engelberg, P. Gao, and C. Parsons, Friends with Money, Journal of Financial Economics, 2011.
D. Larcker, E. So, and C. Wang, Boardroom Centrality and Firm Performance, Journal of
Accounting and Economics, 2013.
Background Reading:
J. Engelberg, P. Gao, and C. Parsons, The Price of a CEO’s Rolodex, Review of Financial Studies,
2013
K. Ahern, Information Networks: Evidence from Illegal Insider Trading Tips, working paper,
2014.
Afternoon Session 1 – Computational Linguistics/Textual Analysis
Papers for Discussion will be led by Thulaisi Sivapalan, Rachael Lewis & Kai Jin:
P. Tetlock, Given Content to Investor Sentiment: The Role of Media in the Stock Market,
Journal of Finance, 2007.
P. Tetlock, M. Sar-Tsechansky, and S. Macskassy, More Than Words: Quantifying Language to
Measure Firm’s Fundamentals, Journal of Finance, 2008.
D. Larcker and A. Zakolyukina, Detecting Deceptive Discussions in Conference Calls, Journal of
Accounting Research, 2012.
Background Reading:
R. Hitchens, An Introduction to Textual Analysis of Conference Call, Credit Suisse, Alpha Ideas
Series, 2014.
T. Loughran and B. McDonald, When Is a Liability Not a Liability? Textural Analysis, Dictionaries,
and 10-Ks, Journal of Finance, 2011.