TY - JOUR
T1 - Discussion of "The effect of alternative accounting measurement bases on investors' assessments of managers' stewardship"
AU - Emett, Scott A.
AU - Nelson, Mark W.
N1 - Funding Information:
We thank the authors of Anderson et al. (2015) (Spencer Anderson, Jason Brown, Leslie Hodder, and Pat Hopkins), as well as Rob Bloomfield and Bob Libby, for providing comments on this discussion. We gratefully acknowledge Deloitte & Touche LLP’s financial support of the AOS Estimates Conference.
Publisher Copyright:
© 2015 Elsevier Ltd.
PY - 2015/10/1
Y1 - 2015/10/1
N2 - Anderson, Brown, Hodder, and Hopkins (ABHH, in press) provide experimental evidence that investors are better able to assess management stewardship and firm value when financial statements highlight fair-value information rather than amortized-cost information. We focus our discussion on five methodological choices that the authors make. We consider how those choices affect the generality of ABHH's results, consider an alternative theoretical explanation for those results, and suggest opportunities for future research that build on ABHH's work.
AB - Anderson, Brown, Hodder, and Hopkins (ABHH, in press) provide experimental evidence that investors are better able to assess management stewardship and firm value when financial statements highlight fair-value information rather than amortized-cost information. We focus our discussion on five methodological choices that the authors make. We consider how those choices affect the generality of ABHH's results, consider an alternative theoretical explanation for those results, and suggest opportunities for future research that build on ABHH's work.
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U2 - 10.1016/j.aos.2015.08.003
DO - 10.1016/j.aos.2015.08.003
M3 - Article
AN - SCOPUS:84959195322
SN - 0361-3682
VL - 46
SP - 115
EP - 118
JO - Accounting, Organizations and Society
JF - Accounting, Organizations and Society
ER -