What does accounting have to do with sustainability? Essentially, everything. Just as research and regulations around sustainability have expanded in recent years, so has sustainability accounting, focusing on activities of an organization that have a direct impact on its environmental, social, and governance (ESG) aspects.
On Friday, May 13, members of the Desautels Faculty of Management gathered to celebrate the innovative and impactful research conducted by its scholars.聽
Fifteen professors were on hand to deliver two-minute presentations of their most interesting and research.
Before jumping into the presentations, Dean Yolande Chan took the time to highlight this year's Desautels Faculty Scholar awardees.聽Congratulations to this year's awardees!
Authors: A.G. Huang, Hongping Tan, and R. Wermers
Publication: The Review of Financial Studies, Volume 33, Issue 10, October 2020, Pages 4627-4675.
Abstract:
Authors: M.T. Bradshaw, A.G. Huang, and Hongping Tan
Publication: Journal of Accounting Research, Volume 57, Issue 1, March 2019, Pages 85-120.
Author: Preetika Joshi
Publication: Journal of Accounting Research, Volume 58, Issue 2, May 2020, Pages 333-381.
Abstract:
Congratulations to聽Preetika Joshi,聽Assistant Professor in Accounting, who has been awarded the 2021 FRQSC New Academics Grant聽(Soutien 脿 la recherche pour la rel猫ve professorale) for her project titled 鈥淒oes Artificial Intelligence and Machine Learning Improve the Tax Enforcement Function?鈥澛(L鈥檌ntelligence artificielle et l鈥檃pprentissage automatique am茅liorent-ils la fonction de mise en recouvrement de l鈥檌mp么t ?鈥)
Authors: E. Devos, E. Devos, H. Li and Desmond Tsang
Publication: The Journal of Real Estate Finance and Economics, Forthcoming
Abstract:听
Congratulations to聽Desmond Tsang,聽Associate Professor in Accounting, whose paper won Best-in-Track Award for Real Estate at the 2021 Academy of Finance Conference
Professor Tsang鈥檚 paper 鈥淐orporate Relocation and Housing Market Spillovers鈥 with co-authors Maggie Hu and Wayne Xinwei Wan has won the Best-in-Track Award for Real Estate and was recognized during the 34th Annual Academy of Finance Conference.
Between April and September 20, 53 publicly-held Canadian companies paid out nearly $2 billion to their shareholders despite receiving more than $10 million in federal assistance through the Canadian Emergency Wage Subsidy (CEWS). Prof. Preetika Joshi proposes policy changes that will direct future subsidies to the companies that need them most.聽
The news that more than 60 publicly held Canadian firms have received the Canadian Emergency Wage Subsidy (CEWS) while continuing to pay out dividends has sharply divided public opinion this week. Professor Preetika Joshi enters the debate, pointing to the complexity of balancing profit with corporate responsibility during a crisis.
A recent investigation reveals that as 68 publicly-traded Canadian companies received at least $1.3 billion government assistance through the Canadian Emergency Wage Subsidy (CEWS), they paid out more than $5 billion in dividends during the same time period. According to Professor Preetika Joshi, certain countries were more discerning than others when distributing corporate subsidies.
The Desautels Faculty of Management congratulates Professor Julia Scott for being recognized with CPA Ontario鈥檚 coveted FCPA designation. The FCPA distinction is reserved for those at the pinnacle of their careers; it is the highest honour that can be bestowed on a member.
Companies are experiencing increased pressure to open their tax affairs to public scrutiny. But for Assistant Professor Preetika Joshi, it is crucial to first determine how tax transparency will affect corporate behaviour in the long term.
Against the backdrop of tariff wars and a pandemic, one question that investors are asking is whether they can trust financial analysts鈥 earnings projections for their investment decisions. On the one hand, financial analysts are professional earnings forecasters whose livelihood depends on the accuracy of their work. On the other hand, trade uncertainty might be severe enough to undermine the credibility and accuracy of analysts鈥 forecasts.
Prof Desmond Tsang finds that higher turnover rates among boards of directors points to the possibility of corporate fraud.
This article is brought to you by Delve, the official thought leadership publication of 平特五不中's Desautels Faculty of Management.