Presentations at the 2019 EAA Annual Meeting in Paphos
This year, several CAR and DART scholars participated in the Annual Congress of the European Accounting Association (EAA) in Paphos, Cyprus, with Ralf Ewert serving as the Scientific Committee’s Chair.
Claire Estebanez presented her paper, “The Effect of Taxation on Intermediate Subsidiary Location,” co-authored with Silke Rünger and Harald Amberger. The empirical paper, which was discussed by Panagiotis Karavitis, studies the tax factors that drive a multinational corporation’s decision-making on where to locate an entity that has ownership in an operating subsidiary. Georg Schneider presented his paper, “A New Perspective on the Benefits of Slack Building under Participative Budgeting,” co-authored with CAR’s Michael Kopel and Christian Riegler (WU Vienna). They use an adverse selection model to study beneficial effects of participative budgeting that have been neglected in prior research. Kristina Berger presented her paper, “Audit Oversight, Manipulation Incentives, and Cost of Capital.” The main research question she addresses is how managers and auditors coordinate their behavior if norm characteristics or discipline mechanisms change, as well as what the consequences for a firm’s cost of capital are. Elisabeth Plietzsch presented her paper, “Auditor-Client Misalignment and its Effect on Audit Quality: Evidence from Europe.” She studies the empirical association between auditor-client mismatch and audit quality and how the legal environment influences this association. Robert Eder presented his paper “Board Oversight and CEO Fraud Incentives under a Market-Oriented Liability Regime,” which employs a one-period agency model to study the monitoring efforts of a firm’s board of directors. In addition, David Windisch discussed a paper by Cao et al., titled “The Effect of Real Earnings Adjustments on Corporate Labor Investment.”