平特五不中 Desautels Faculty of Management - Accounting News /desautels/channels_item/104 en 鈥榃elcome tax鈥 helps Quebec cities generate their own revenue /desautels/node/1708452 <p>In 2022, Quebec鈥檚 so-called 鈥榳elcome tax鈥 generated more than $1.4 billion for municipalities, with Montreal alone pulling in more than $410 million. Though it sounds like a penalty for new arrivals, its name is actually derived from former Quebec cabinet member Jean Bienvenue, who tabled the bill proposing the tax; Bienvenue鈥檚 surname translates into English as 鈥榳elcome鈥. These municipal-level real estate transfer taxes can range from a few thousand to tens of thousands of dollars, and property buyers must pay within 30 days of closing their purchase.<br /> <br /></p> Wed, 18 Dec 2024 18:48:12 +0000 平特五不中 Information aggregation to form earnings expectations: Evidence from CEO networks and management forecast accuracy /desautels/node/1137702 <p><img alt="Peter (Seung Hwan) Oh" src="/desautels/files/desautels/styles/medium_focal__220_x_220_/public/3.jpg?itok=wgvqer8D" style="width:220px; height:220px; float:left" title="Peter (Seung Hwan) Oh" /></p> <p><strong>Authors: </strong>Sam (Sunghan) Lee, Steven R. Matsunaga,<a href="/desautels/peter-seung-hwan-oh"><b> Peter (Seung Hwan) Oh</b></a>, Hyun A. Hong<b> </b></p> <p><strong>Publication:</strong> <i>Contemporary Accounting Research</i><br /> Articles in advance 鈥 published online: January 7, 2024</p> <p><b>Abstract</b>::</p> Mon, 29 Apr 2024 13:01:23 +0000 平特五不中 Climatic Disasters and Distracted Analysts /desautels/node/1058503 <p><img alt="Hongping Tan" src="/desautels/files/desautels/styles/medium_focal__220_x_220_/public/tan-hongping-2023-400x400.jpg?itok=4Zd01W26" style="width:220px; height:220px; float:left; margin:5px" title="Hongping Tan" /></p> <p><strong>Authors:聽</strong>Yuqi Han, Connie X. Mao, <a href="/desautels/hongping-tan"><b>Hongping</b> <b>Tan</b></a> and Chi Zhang</p> <p><strong>Publication:</strong>聽<i>Contemporary Accounting Research</i><br /> Articles in advance 鈥 published online: December 7, 2023</p> <p><b>Abstract</b>:</p> Tue, 19 Mar 2024 15:12:00 +0000 平特五不中 Delve: Why Accounting Holds the Key to Successful Sustainability Initiatives, with Brian Wenzel /desautels/node/102508 <p>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.</p> Mon, 05 Jun 2023 19:06:34 +0000 平特五不中 Prof Roh awarded FRQSC New Academics Grant /desautels/node/88468 <p>Congratulations to <a href="/desautels/yongoh-roh">Yongoh Roh</a>,聽Assistant Professor in Accounting, who has been聽awarded the聽2023-2024 FRQSC New Academics Grant聽(Soutien 脿 la recherche pour la rel猫ve professorale)</p> <p><strong>鈥淐oncurrence sur le march茅 du travail et politique de divulgation de renseignements par les soci茅t茅s鈥<br /> (鈥淟abor Market Competition and Corporate Disclosure Policy鈥)</strong></p> Fri, 05 May 2023 16:34:41 +0000 平特五不中 Professor Oh awarded SSHRC Insight Development Grant /desautels/node/88384 <p>Congratulations to <a href="/desautels/peter-seung-hwan-oh">Seung Hwan (Peter) Oh</a>,聽Assistant Professor in Accounting,聽awarded a 2022-2023 SSHRC Insight Development Grant</p> <p><strong>鈥淚ncentive System Design When Earnings Congruence is Low鈥</strong></p> Fri, 14 Apr 2023 19:18:04 +0000 平特五不中 Professor Tan and Guang Ma awarded SSHRC Insight Grant /desautels/node/87767 <p>Congratulations to <a href="/desautels/hongping-tan">Hongping Tan</a>,聽Associate Professor in Accounting聽and聽Guang Ma, former 平特五不中 Desautels Assistant Professor in Accounting who were awarded a 2022 SSHRC Insight Grant.</p> <p><strong>鈥淧rivate Interaction with Management: Evidence from Textual Analysis of Analyst Reports鈥</strong></p> Thu, 13 Oct 2022 16:17:49 +0000 平特五不中 Professor Oh awarded 2022-2023 FRQSC New Academics Grant /desautels/node/87561 <p>Congratulations to聽<a href="/desautels/peter-seung-hwan-oh"><strong>Seung Hwan (Peter) Oh</strong></a>, Assistant Professor in Accounting, who has been awarded the 2022-2023 FRQSC New Academics Grant聽(Soutien 脿 la recherche pour la rel猫ve professorale) for his project titled聽鈥淗ow Do You Want to Evaluate Your CEO? The Role of Subjective Evaluation when Objective Indicators Malfunction鈥 (鈥淐omment souhaitez-vous 茅valuer votre chef de la direction? R么le de l鈥櫭﹙aluation subjective en pr茅sence d鈥檌ndicateurs objectifs inefficaces鈥).</p> Fri, 26 Aug 2022 19:57:04 +0000 平特五不中 Delve podcast: New Normal: Can Global Financial Transparency Deter Corporate Tax Avoidance? with Preetika Joshi /desautels/node/87405 <p>While tax policies are complicated and often seem unfair, new global solutions can both simplify how corporations pay their taxes and make payment more equitable for countries owed their share of tax revenue.</p> Thu, 23 Jun 2022 19:18:59 +0000 平特五不中 Desautels鈥 event highlights innovative research and recognizes scholars /desautels/node/87333 <p>On Friday, May 13, members of the Desautels Faculty of Management gathered to celebrate the innovative and impactful research conducted by its scholars.聽</p> <p>Fifteen professors were on hand to deliver two-minute presentations of their most interesting and research.</p> <p>Before jumping into the presentations, Dean <a href="/desautels/yolande-e-chan">Yolande Chan</a> took the time to highlight this year's Desautels Faculty Scholar awardees.聽Congratulations to this year's awardees!</p> Fri, 20 May 2022 19:17:35 +0000 平特五不中 Institutional Trading around Corporate News: Evidence from Textual Analysis /desautels/node/80884 <p><strong>Authors: </strong>A.G. Huang, <strong><a href="/desautels/hongping-tan">Hongping Tan</a></strong>, and R. Wermers<br /> <br /> <strong>Publication: </strong><em>The Review of Financial Studies</em>, Volume 33, Issue 10, October 2020, Pages 4627-4675.<br /> <br /> <strong>Abstract:</strong></p> Tue, 15 Jun 2021 13:47:54 +0000 平特五不中 The Effects of Analyst-Country Institutions on Biased Research: Evidence from Target Prices /desautels/node/80883 <p><strong>Authors: </strong>M.T. Bradshaw, A.G. Huang, and <strong><a href="/desautels/hongping-tan">Hongping Tan</a></strong><br /> <br /> <strong>Publication: </strong><em>Journal of Accounting Research</em>, Volume 57, Issue 1, March 2019, Pages 85-120.</p> Tue, 15 Jun 2021 13:31:27 +0000 平特五不中 Does Private Country-by-Country Reporting Deter Tax Avoidance and Income Shifting? Evidence from BEPS Action Item 13 /desautels/node/80882 <p><strong>Author:</strong> <strong><a href="/desautels/preetika-joshi">Preetika Joshi</a></strong><br /> <br /> <strong>Publication:</strong> <em>Journal of Accounting Research</em>, Volume 58, Issue 2, May 2020, Pages 333-381.<br /> <br /> <strong>Abstract:</strong></p> Tue, 15 Jun 2021 13:17:27 +0000 平特五不中 Professor Joshi awarded 2021 FRQSC New Academics Grant /desautels/node/80736 <p>Congratulations to聽<a href="/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a>,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)</p> Wed, 05 May 2021 13:25:31 +0000 平特五不中 Operating Lease as Alternative Financing for REITs: a Viable Strategy or a Sign of Trouble? /desautels/node/80710 <p><strong>Authors</strong>: E. Devos, E. Devos, H. Li and <a href="/desautels/node/64952"><strong> Desmond Tsang</strong></a></p> <p><strong>Publication</strong>: <em>The Journal of Real Estate Finance and Economics</em>, Forthcoming</p> <p><strong>Abstract</strong>:聽</p> Fri, 16 Apr 2021 19:47:31 +0000 平特五不中 Prof Tsang's paper wins award at 2021 Academy of Finance Conference /desautels/node/80676 <p>Congratulations to聽<a href="/desautels/desmond-tsang"><strong>Desmond Tsang</strong></a>,聽Associate Professor in Accounting, whose paper won Best-in-Track Award for Real Estate at the 2021 Academy of Finance Conference</p> <p>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.</p> Thu, 01 Apr 2021 22:21:40 +0000 平特五不中 New policies needed to address the CEWS controversy /desautels/node/76725 <p>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. <a href="/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a> proposes policy changes that will direct future subsidies to the companies that need them most.聽<a href="https://www.cbc.ca/news/canada/montreal/cews-wage-subsidy-jobs-covid-1.5834790" target="_blank">Learn more</a></p> Thu, 10 Dec 2020 20:16:11 +0000 平特五不中 鈥楽hareholder capitalism鈥 sparks controversy /desautels/node/76719 <p>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 <a href="/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a> enters the debate, pointing to the complexity of balancing profit with corporate responsibility during a crisis.</p> <p><a href="https://financialpost.com/investing/kevin-carmichael-on-the-question-of-cews-and-dividends-investors-will-ultimately-decide" target="_blank">Learn more</a></p> Thu, 10 Dec 2020 19:57:13 +0000 平特五不中 68 Canadian companies pay out billions in dividends while receiving government subsidies /desautels/node/76702 <p>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 <a href="/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a>, certain countries were more discerning than others when distributing corporate subsidies.</p> Tue, 08 Dec 2020 00:03:04 +0000 平特五不中 Professor Julia Scott receives prestigious FCPA designation /desautels/node/76697 <p>The Desautels Faculty of Management congratulates Professor<strong> <a href="/desautels/julia-scott">Julia Scott</a></strong> 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.</p> Mon, 07 Dec 2020 23:27:16 +0000 平特五不中 The long-term impact of corporate tax disclosure /desautels/node/76341 <p>Companies are experiencing increased pressure to open their tax affairs to public scrutiny. But for Assistant Professor <a href="/desautels/preetika-joshi"><b>Preetika Joshi</b></a>, it is crucial to first determine how tax transparency will affect corporate behaviour in the long term.</p> <p><a href="https://www.law360.com/tax-authority/subscribe/email_verification?article_id=1299971搂ion=tax-authority/federal" target="_blank">Read more</a></p> Fri, 18 Sep 2020 18:07:13 +0000 平特五不中 Delve: How Will Tariff Uncertainty Affect Financial Markets? /desautels/node/76296 <p>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.</p> Fri, 28 Aug 2020 19:17:31 +0000 平特五不中 Delve: Walking Away Rather Than Blowing the Whistle /desautels/node/75044 <p>Prof <a href="/desautels/desmond-tsang"><strong>Desmond Tsang</strong></a> finds that higher turnover rates among boards of directors points to the possibility of corporate fraud.</p> <p>This article is brought to you by <em>Delve, </em>the official thought leadership publication of 平特五不中's Desautels Faculty of Management.</p> Wed, 06 Nov 2019 14:17:22 +0000 平特五不中 Professor Dongyoung Lee awarded 2019 SSHRC Insight Development Grant /desautels/node/74929 <p><strong><a href="/desautels/dongyoung-lee">Dongyoung Lee</a></strong>, Assistant Professor in Accounting, awarded 2019 SSHRC Insight Development Grant</p> Wed, 09 Oct 2019 14:57:29 +0000 平特五不中 Accounting scholarship recipients /desautels/node/74596 <p>Congratulations to <strong>Kiwon Choi </strong>(BCom鈥19), <strong>Hugo Ouimet</strong> (BCom鈥19 鈥 currently in GCPA program) and <strong>Christopher Wolf</strong> (BCom鈥20), undergraduate scholarship recipients from the Ordre des comptables professionnels agr茅茅s du Qu茅bec.</p> Tue, 02 Jul 2019 20:07:11 +0000 平特五不中 Teaching excellence celebrated at Desautels convocation /desautels/node/74474 <p>Congratulations to <a href="/desautels/amanda-abrams"><strong>Amanda Abrams</strong></a>, Faculty Lecturer, and <a href="/desautels/elliot-lifson"><strong>Elliot Lifson</strong></a>, Professor of Practice and Desautels Faculty Advisory Board member, who were honored at 平特五不中鈥檚 Management Convocation ceremony for their excellence in teaching at the undergraduate and graduate levels respectively.</p> Wed, 29 May 2019 15:18:31 +0000 平特五不中 Dongyoung Lee, Jingjing Zhang and Hongping Tan awarded 2018 SSHRC Connection Grant /desautels/node/74216 <p>Congratulations to聽<a href="/desautels/dongyoung-lee"><strong>Dongyoung Lee</strong></a>, Assistant Professor in Accounting, <a href="/desautels/jingjing-zhang"><strong>Jingjing Zhang</strong></a>, Assistant Professor in Accounting, and <strong><a href="/desautels/hongping-tan">Hongping Tan</a></strong>, Associate Professor in Accounting, awarded 2018 SSHRC Connection Grant - 2019 Financial Accounting Research Conference: 鈥淎ccounting Disclosure, Financial Intermediaries, and Capital Market Outcomes鈥 on May 28th 鈥 29th, 2019.</p> Mon, 15 Apr 2019 19:02:40 +0000 平特五不中 Professor Tsang honored at Bravo 2019 /desautels/node/74150 <p>Professor <a href="/desautels/desmond-tsang"><strong>Desmond Tsang</strong></a> was recently honored at the Bravo 2019 gala for his recognition by REAL as a top real estate researcher for a second consecutive year.</p> <p><a href="/researchhonours/bravo-2019" target="_blank">Read more</a></p> Thu, 28 Mar 2019 21:00:18 +0000 平特五不中 Prof. Wenzel named best reviewer /desautels/node/74035 <p>Professor <a href="/desautels/brian-wenzel">Brian Wenzel</a> has been awarded the 2018 AJFS Best Reviewer Award on behalf of Korean Securities Association and <em>Asia-Pacific Journal of Financial Studies</em>.</p> <p>The award recognizes specifically Professor Wenzel鈥檚 outstanding review of an article submission to the Journal in the Corporate Finance area.</p> Tue, 26 Feb 2019 20:16:13 +0000 平特五不中 The Effects of Analyst鈥怌ountry Institutions on Biased Research: Evidence from Target Prices /desautels/node/73692 <p><strong>Authors</strong>:聽Mark T. Bradshaw, Alan G. Huang, <a href="/desautels/hongping-tan"><strong>Hongping Tan</strong></a></p> <p><strong>Publication</strong>:<em>聽Journal of Accounting Research</em>, Forthcoming</p> <p><strong>Abstract:聽</strong></p> <p>Prior research demonstrates that a strong institutional infrastructure in a country moderates self鈥恠erving behavior of market participants. Cross鈥恈ountry economic activities have increased significantly, presenting a research opportunity to examine the relative influence of local versus foreign institutional infrastructure on individual market participants. We utilize variation in analyst鈥恈ountry location relative to covered firm location to examine institutional determinants of optimism in analyst research. Focusing on target prices, where persistent optimism is well documented, we find that analysts domiciled in countries with stronger institutional infrastructures exhibit significantly attenuated target price optimism and more value鈥恟elevant target prices. Our results demonstrate the importance of domestic country鈥恖evel institutional factors in moderating self鈥恠erving behavior of market participants engaged in cross鈥恈ountry activities.</p> <p> Thu, 15 Nov 2018 15:43:28 +0000 平特五不中 Winning at a Losing Game? Side-Effects of Perceived Tournament Promotion Incentives in Audit Firms /desautels/node/73257 <p><strong>Authors:聽Jorien Pruijssers</strong>, Pursey Pmar Heugens and Hans J. Van Oosterhout</p> <p><strong>Publication: </strong><em>Journal of Business Ethics</em>, Forthcoming</p> <p><strong>Abstract:</strong></p> Wed, 12 Sep 2018 19:25:27 +0000 平特五不中 Marketing Campaign: Who's behind Desautels? /desautels/node/68476 <h2>How does firm location affect the reliability of a company's financials?</h2> <p><strong><a href="/desautels/about/whos-behind-desautels/desmond-tsang">Learn more</a></strong> about how Desautels professors are behind some of the most unique research projects in the world.</p> Mon, 05 Mar 2018 21:41:49 +0000 平特五不中 Six BCom students awarded CPA Quebec scholarships /desautels/node/68435 <p>Congratulations to the six Desautels undergraduate students who were awarded scholarships by the Foundation of CPAs of Quebec.</p> <p>The scholarships, valued at $1,000 each, recognize academic excellence and community involvement among students in Quebec who are interested in pursuing accounting.</p> <p>This year鈥檚 recipients are: Nicole Butkowsky; Chaeyoung Lee; Shannon Levy; Sateesh Pararajasingham; Nathalie Shen-Picotte and Elizabeth Tkach.</p> Tue, 27 Feb 2018 20:00:36 +0000 平特五不中 Professor Tsang named among top real estate researchers /desautels/node/68368 <p>The Real Estate Academic Leadership (REAL) ranking for 2013-2017 has placed Professor <a href="/desautels/node/64952"><strong>Desmond Tsang</strong></a> in the 34th position among the top real estate researchers worldwide. This is the second consecutive year that Professor Tsang has placed on this list.</p> Wed, 14 Feb 2018 16:56:21 +0000 平特五不中 Influential Chief Marketing Officers and Management Revenue Forecasts /desautels/node/68354 <p><strong>Authors:</strong> David S. Koo and <a href="/desautels/dongyoung-lee"><strong>Dongyoung Lee</strong></a></p> <p><strong>Publication: </strong><em>The Accounting Review</em>, Forthcoming</p> <p><strong>Abstract:</strong></p> <p>We examine the role of the chief marketing officer (CMO) in corporate voluntary disclosure of future revenues. Using a sample of S&amp;P 1500 firms for the period from 2003 to 2011, we find that the presence of an influential CMO in top management is positively associated with the likelihood of a firm's issuing a management revenue forecast. We also find that firms with an influential CMO provide more accurate revenue forecasts than other firms. These findings extend to long-window change analyses and are robust to the use of a propensity-score matched-pair approach. Overall, the results are consistent with the notion that CMO influence in top management appears to play an important role in voluntary revenue disclosures.</p> <p><strong>Read abstract: </strong><a href="http://aaajournals.org/doi/10.2308/accr-51946?code=aaan-site" target="_blank"><em>The Accounting Review</em></a></p> <p> Thu, 08 Feb 2018 18:22:14 +0000 平特五不中 Does the Presence of Female Executives Curb Earnings Management? Evidence from Korea /desautels/node/68353 <p><strong>Authors: </strong>Hyun Ah Kim, Seok Woo Jeong, Tony Kang and <a href="/desautels/dongyoung-lee"><strong>Dongyoung Lee</strong></a></p> <p><strong>Publication: </strong><em>Australian Accounting Review</em>, Vol. 27, No. 4, December 2017</p> <p><strong>Abstract:</strong></p> Thu, 08 Feb 2018 18:15:12 +0000 平特五不中 Desmond Tsang wins 2017 ARES Manuscript Prize /desautels/node/68096 <p>Professor <strong><a href="/desautels/desmond-tsang">Desmond Tsang</a></strong>'s paper "Quality of Life and Earnings Management: Do Firms at Less Desirable Locations Manipulate Earnings More Aggressively?" with co-author Jing Zhang was awarded the <strong>2017 ARES Manuscript Prize</strong> in the category of Innovative Thinking "Thinking Out of the Box" presented at the ARES Annual Conference.</p> Fri, 17 Nov 2017 16:12:38 +0000 平特五不中 Value is in the Eye of the Beholder: The Relative Valuation Roles of Earnings and Book Value in Merger Pricing /desautels/node/67907 <p><strong>Author</strong>: <strong><a href="/desautels/node/64946">MaryJane Rabier</a>聽</strong></p> <p><strong>Publication</strong>: <em>The Accounting Review</em>, Vol. 93, No. 1, 2018, pp. 335-362</p> <p><strong>Abstract</strong>:</p> <p>Gupta and Gerchek (2002) argue that different acquirers can arrive at different equity valuations for the same target depending on their strategic intent. A reason for acquirers' equity valuations to vary, holding target fundamentals constant, may be that individual acquirers place different weights on underlying fundamentals. I examine this possibility using Burgstahler and Dichev (1997)'s theoretical framework. They argue that the relative importance of earnings and book value depends on expected adaptation, which is the likelihood that the existing earnings generating process will be altered. Using restructuring costs to proxy for expected adaptation at the individual acquirer level, I find that the association between the target's earnings (book value) and acquirers' bid prices is decreasing (increasing) in expected adaptation, consistent with theoretical predictions. These findings are less pronounced during merger waves and intense bid competition for the target.</p> <p><strong>Read full article</strong>: <a href="http://aaajournals.org/doi/10.2308/accr-51785?code=aaan-site"><em>The Accounting Review</em></a></p> <p> Thu, 28 Sep 2017 14:33:03 +0000 平特五不中 Acquisition Motives and the Distribution of Acquisition Performance /desautels/node/67906 <p><strong>Author</strong>: <a href="/desautels/node/64946"><strong>MaryJane Rabier</strong></a></p> <p><strong>Publication</strong>: <em>Strategic Management Journal</em>, Vol. 38, No. 13, 2017</p> <p><strong>Abstract</strong>:聽</p> <p><em>Research summary</em>:</p> <p>I examine how acquisition motives relate to the distribution of post-acquisition performance. I argue that acquisitions motivated by operating synergies have the potential to experience greater gains than acquisitions driven by financial synergies but are harder to value and implement, making them more uncertain. Using SEC filings, conference calls and press releases to capture acquisition motives, I find that acquirers pursuing operating synergies are more likely to experience highly positive and highly negative long-term returns than acquirers pursuing financial synergies.</p> <p>I also find that acquisition experience and geographic proximity to targets soften acquirers' extreme downside outcomes in operating synergy acquisitions. My theory and results suggest that approaches that emphasize average outcomes for acquirers and use industry classifications to capture acquisition motives may be incomplete.</p> <p><em>Managerial summary</em>:聽</p> <p>Managers engage in acquisitions for various reasons. In this study, I find that reasons related to operating synergies (e.g., revenue growth through new product offerings or cost savings through economies of scale) are more likely to result in extreme high and low performance outcomes for the acquiring firm compared to reasons related to financial synergies (e.g., diversification of cash flow streams).</p> <p>In addition, I find that the acquirer's prior acquisition experience and the geographic proximity between the target and acquirer help soften the extreme low performance outcomes related to operating synergies.聽</p> <p><strong>Read full article</strong>: <em><a href="http://onlinelibrary.wiley.com/doi/10.1002/smj.2686/full">Strategic Management Journal</a></em></p> <p> Thu, 28 Sep 2017 14:26:01 +0000 平特五不中 Desautels students from Japan and Montreal tour Vietnam businesses /desautels/node/67839 <p>This summer, a combined group of Desautels MBA Japan students and participants from the PMBA cohort in Montreal accompanied Associate Professor <strong><a href="/desautels/desmond-tsang">Desmond Tsang</a></strong> on a Study Tour of Vietnam to get a feel for the country鈥檚 culture and learn about its status as a rapidly-emerging market.</p> Fri, 08 Sep 2017 19:28:05 +0000 平特五不中 A little adrenaline goes a long way when it comes to business perspectives /desautels/node/67718 <p>A blog post at <em>Virgin.com</em> looks at how adventure-seeking CEOs come at business from a more open, experimental angle.</p> <p>Desautels Professor <a href="/desautels/jingjing-zhang"><strong>Jingjing Zhang</strong></a>鈥檚 research shows that chief execs who fly small airplanes in their off-hours tend to be more open to innovation.</p> Mon, 07 Aug 2017 20:51:43 +0000 平特五不中 Who鈥檚 Watching? Accountability in Different Audit Regimes and the Effects on Auditors鈥 Professional Skepticism /desautels/node/67638 <p><strong>Authors:</strong> Florian聽Hoos,聽 <strong><a href="/desautels/jorien-pruijssers">Jorien聽Louise聽Pruijssers</a></strong>, Michel聽W.聽Lander</p> <p><strong>Publication:</strong> <em>Journal of Business Ethics</em>, Forthcoming</p> <p><strong>Abstract:</strong></p> Wed, 12 Jul 2017 19:33:03 +0000 平特五不中 Desautels researchers link thrill-seeking CEOs to increased innovation /desautels/node/67544 <p>CEOs with a real taste for excitement can be a company鈥檚 best bet for upping its innovation cred, according to a paper co-authored by a Desautels professor <strong><a href="/desautels/jingjing-zhang">Jingjing Zhang</a></strong>.</p> <p>The paper studied 88 CEOs who were pilots, comparing them to 1,123 non-pilot chief executives over ten years. Pilot CEOs helped increase their companies鈥 patents by almost 67 per cent.</p> <p>Desautels Professor Zhang said that this comes down to thrill-seeking CEOs tending to love diverse, original projects to a higher degree.</p> Fri, 09 Jun 2017 21:00:26 +0000 平特五不中 Jingjing Zhang awarded 2017 FRQSC New Academics Grant /desautels/node/67449 <p><strong><a href="/desautels/jingjing-zhang">Jingjing Zhang</a></strong>, Assistant Professor in Accounting, was recently awarded a 2017 FRQSC New Academics Grant for her project "Effet d鈥檈ntra卯nement r茅glementaire transfrontalier : impact des r茅formes du processus de notation aux 脡tats-Unis sur la notation des obligations des soci茅t茅s canadiennes. / Cross-Border Regulatory Spillover: The Effect of U.S. Credit Rating Reforms on Canada鈥檚 Corporate Bond Ratings".</p> Mon, 15 May 2017 17:37:17 +0000 平特五不中 Go before the whistle blows: an empirical analysis of director turnover and financial fraud /desautels/node/67372 <p><strong>Authors</strong>:聽<span>Gao. Y.,聽</span><span>Kim, J.B.,聽</span><span><a href="/desautels/node/64952"><strong>Tsang, D.</strong></a>,聽</span><span>Wu, H.聽</span></p> <p><strong>Publication</strong>: <em>Review of Accounting Studies</em></p> <p><strong>Abstract</strong>:聽</p> Tue, 25 Apr 2017 15:33:11 +0000 平特五不中 Professor Steve Fortin appointed to Accounting Standards Board /desautels/node/67330 <p>Professor <a href="/desautels/node/64931"><strong>Steve Fortin</strong></a>, CPA, CA has been named to the Financial Reporting Accounting Standards Board (AcSB). The AcSB聽is an independent body with the authority to establish accounting standards for use by all Canadian entities outside the public sector. The AcSB serves the public interest by establishing standards for financial reporting by all Canadian private sector entities and by contributing to the development of internationally accepted financial reporting standards.</p> Wed, 12 Apr 2017 15:47:58 +0000 平特五不中 Adventurous CEOs make great innovators /desautels/node/67190 <p>According to a study performed in part by Desautels Assistant Professor of Accounting <a href="http://node/64954" target="_blank"><strong>Jingjing Zhang</strong></a>, when it comes to chasing innovation, companies with risk-loving CEOs tend to pursue more original projects and 鈥済enerate more patents with greater market impact than their peers.鈥 This is because thrill-seeking personalities tend to be more open to new ideas, which translates well into the business space.</p> Tue, 28 Feb 2017 16:10:36 +0000 平特五不中 Pilot CEOs and corporate innovation /desautels/node/66794 <p><strong>Authors:</strong> Jayanthi Sundera, Shyam V. Sundera, <strong><a href="/desautels/jingjing-zhang">Jingjing Zhang</a></strong></p> <p><strong>Publication: </strong><em>Journal of Financial Economics,聽</em>Vol. 123, No. 1, 2017</p> <p><strong>Abstract:</strong></p> Tue, 06 Dec 2016 14:27:09 +0000 平特五不中 Incentive Alignment through Performance-Focused Shareholder Proposals on Management Compensation /desautels/node/63886 <p><strong>Authors: Steve Fortin</strong>, Chandra Subramaniam, Xu (Frank) Wang,聽Sanjian Bill Zhang</p> <p><strong>Publication:聽</strong><em>Journal of Contemporary Accounting and Economics, </em>Vol. 10, No. 2, 2014</p> <p><strong>Abstract</strong>:</p> Fri, 13 Mar 2015 15:14:12 +0000 平特五不中 24 Desautels undergraduate accounting students recently received scholarships from the Order of CPAs of Quebec! /desautels/node/63749 <p>Congratulations to Gabriel Alary, Marc-Andr茅 Benoit, Jenny Bradley-Tessier, Michael Cohen, Richard Despatie, Luisa Di Benedetto, Nicolas Glaudemans, Kaihua He, Nathaniel Kirsh, Christina Kontaxis, C茅dric Lalonde-McNicoll, Elizabeth Lefebvre, Antoine Legault, Patrick Lorange, Matthew Minuk, Marc-Benoit Roch, Adam Shapiro, Sebastian Soch, Arina Tcherniavskaia, Xinning Zheng and Kaixin Zheng for receiving 21 of the 100 scholarships awarded in Quebec based on academic performance and extra-curricular involvement.</p> Fri, 16 Jan 2015 22:50:20 +0000 平特五不中 平特五不中's dynamic duo receive Top 8 Academic All-Canadian commendation from Governor General /desautels/node/63641 <p><span>Two student-athletes from 平特五不中 were among the CIS Top Eight Academic All-Canadians honoured by His Excellency the Right Honourable David Johnston, Governor General of Canada -- and former principal at 平特五不中 -- at Rideau Hall in the nation's capital, Monday.聽</span>Mariam Sylla<span>, a basketball player and pharmacology student, as well as聽</span><strong>Cedric McNicoll</strong><span>, a hockey player and accounting major in the Desautels faculty of management, were representing the R茅seau du sport 茅tudiant du Qu茅bec conference at the event.</span></p> Tue, 18 Nov 2014 18:09:00 +0000 平特五不中 Incentive alignment through performance-focused shareholder proposals on management compensation /desautels/node/63258 <p><strong>Authors:聽Fortin,聽Steve</strong>;聽Subramaniam,聽Chandra;聽Wang,聽Xufrank;聽Zhang,聽Sanjian</p> <p><strong>Publication:聽</strong>Journal of Contemporary Accounting and Economics</p> <p><strong>Abstract:</strong></p> Thu, 21 Aug 2014 18:12:10 +0000 平特五不中 "Raising Quality Consciousness among Chinese Manufacturing Personnel: Testing the Effectiveness of Performance Management Tools," Asia Pacific Journal of Management /desautels/node/59381 <p><strong>Authors:</strong> Daniel, Shirley J.; <strong>Lee, Dongyoung</strong>; Reitsperger, Wolf D.</p> <p><strong>Publication:</strong> Asia Pacific Journal of Management, 2013</p> <p><strong>Abstract:</strong></p> Fri, 15 Nov 2013 21:30:24 +0000 平特五不中 My Visit with a Senior Manager at Deloitte /desautels/node/30128 <p>It鈥檚 the morning of the 29th of August and I hastily get ready for my interview with <b>Vince Spadafora (BCom鈥04)</b>, a senior manager at Deloitte. It鈥檚 already 8 am and the possibility that I may be late for my 10:30 am meeting at Place Ville Marie starts to become more and more likely. Why you ask? (or not) I haven鈥檛 decided on what to wear yet! I narrow my options down to two outfits: A black formal suit or a smart t-shirt with jeans. After a while I decide to go with both! I take the blazer from the suit and wear it with the shirt and jeans; casual yet professional. Perfect!</p> Tue, 25 Sep 2012 17:00:20 +0000 平特五不中