2012 CAPANA Conference
July 4-6, 2012
Xi'an, China

The Fifhth Annual Research Conference of

Chinese Accounting Professors' Association of North America(CAPANA)

Conference Papers

The Effect of Managerial “Style” on the Tone of Earnings Conference Calls

Angela Davis (Univ. of Oregon), Weili Ge (Univ. of Washington), Dawn Matsumoto (Univ. of Washington) and Jenny Zhang (Univ. of British Columbia)

Discussant: Steve Baginski (Univ. of Georgia) [Paper] [Discussion]

R&D Reporting Rule and Firm Efficiency

Neil Bhattacharya, Yoshie Saito, Ram Venkataraman, and Jeff Yu (Southern Methodist Univ.)

Discussant: Greg Waymire (Emory Univ.)[Paper] [Discussion]

Equity Ownership in IPO issuers by Brokerage Firms and Analyst Research Coverage

Xi Li (Hong Kong Univ. of Science and Technology) and Ronald Masulis (Univ. of New South Wales)

Discussant: Roby Lehavy (Univ. of Michigan)[Paper] [Discussion]

Non-Recurring Items in Debt Contracts

Anne Beatty, Lin Cheng, and Tzachi Zach (Ohio State Univ.)

Discussant: Danie Cohen (UT-Dallas) [Paper] [Discussion]

Earnings Restatements Implications along the Supply Chain

Mandy Tham (Nanyang Technological Univ.) and Min Zhu (Univ. of Michigan)

Discussant: Bill Cready (Univ. of Texas - Dallas) [Paper] [Discussion]

Severance Pay, Employment Agreement, and Managerial Short-Termism

Xia Chen, Qiang Cheng (Singapore Management Univ.) Alvis Lo (Boston College) and Xin Wang (Hong Kong Univ.)

Discussant: Aiyesha Dey (Univ. of Minnesota) [Paper] [Discussion]

Media Capture, State Ownership, and Firm-specific Information Flow: International Evidence

Jeong-Bong Kim, Hao Zhang (City University of Hong Kong), Liuchuang Li and Gaoliang Tian (Xi’an Jiaotong Univ.)

Discussant: TBD [Paper] [Discussion]

The Usefulness of the Articulation Errors between Direct and Indirect Statements of Cash Flows: Evidence from Cash Flow Persistence and Auditor Decisions

Xinyuan Chen, Kai Zhu (Shanghai Univ. of Finance and Economics), Hong Xie (Univ. of Kentucky) and Yun Zhang (George Washington Univ.)

Discussant: Paul Zarowin (New York Univ.)[Paper] [Discussion]

Mandatory IFRS Adoption and the Stewardship Role of Financial Reporting

Bin Ke (Nanyang Technological Univ.), Yobo Li (Shanghai Univ.), and Hongqi Yuan (Fudan Univ.)

Discussant: Joseph Fan (Chinese Univ. of Hong Kong) [Paper] [Discussion]