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7 observations from a literature review on performance measurement

What drives the use of performance measurement (PM) systems in the public sector? And what are the effects of PM use? In a recent study in Financial Accountability & Management (Van der Kolk, 2022, open access), I address these questions. I do so by reviewing survey papers on public sector PM published in all major accounting outlets, i.e., 3, 4, and 4* journals from the ABS journal list (2018). In this blog, I highlight seven…
Berend van der Kolk
Berend van der Kolk
7 min read
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1135

Publication outcomes after presenting at the EAA Annual Congress

by Edith Leung and Jochen Pierk December 2022 One of the most visible activities of the EAA is the Annual Congress, which provides a forum for academics to meet and discuss research. Although the Congress serves many important purposes, such as symposia and networking, a key reason for many academics to attend is to present and receive feedback on ongoing research in one of the scientific sessions. The aim of these sessions is to help…
JOCHEN PIERK
JOCHEN PIERK
11 min read
1
2169

Can Corporate ESG Reports Tackle ESG Ratings Confusion?

Investors are increasingly incorporating assessments of companies’ performance on environmental, social, and governance (ESG) dimensions in their portfolio decisions. The global assets under management of the signatories of the United Nations Principles for Responsible Investment (PRI) has grown from about US$20 trillion in 2010 to about US$121 trillion in 2021.[1] Similar to traditional investors’ reliance on sell-side analysts and credit rating agencies as information intermediaries, socially responsible investors rely on ESG rating agencies as information…
ARC Commitee
ARC Commitee
6 min read
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976

Complexity European Sustainability Reporting Standards overwhelming

The proposed ESG reporting standards presented by the EU last week are overwhelming. I advocate to limit reporting requirements to two metrics: profit and emission reductions. Last week, EFRAG published the first version of the European Sustainability Reporting Standards. The set of standards describes in detail the topics that companies report on and also obliges them to develop targets that define the company’s ambition. The ESG metrics are presented in 15 appendices spanning many hundreds…
Jan Bouwens
Jan Bouwens
5 min read
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1763

Epitaph to Prof. Lúcia Lima Rodrigues

We regret to inform that Professor Lúcia Lima Rodrigues passed away last Monday, October 3rd. Professor Lúcia Rodrigues was widely known to the academic community and an outstanding contributor. She held multiple roles in the European Accounting Association (EAA), including member of the Management Committee (2009-2012), member of the EAA Board (2009-2015), Book Review Editor, and a member of the Scientific Committee of multiple EAA Congresses. Besides these roles, Professor Lúcia Rodrigues was the Vice-President…
BAHA DIYAROV
BAHA DIYAROV
2 min read
1
1228

When investors can talk to firms, is it a meaningful conversation? Evidence from investor postings on interactive platforms

Understanding information dissemination and acquisition in capital markets has been a primary objective in accounting and finance research for decades. Given that obtaining publicly available information in capital markets is not an effortless exercise, a body of studies examine how market participants collect information through various channels. The internet is now the most important platform for market participants to collect information. However, information from the internet may be uninformative or even misleading because the internet…
ARC Commitee
ARC Commitee
4 min read
0
896

Do women mind the non-GAAP? Board gender diversity and non-GAAP disclosure quality

Managers often supplement their GAAP financial reporting with additional voluntary disclosures to provide investors with more tailored and sometimes nuanced insights into their firm’s performance. These disclosures of alternative earnings figures are commonly known as ‘non-GAAP’ earnings. Given that the quality of these disclosures varies, we ask what company governance characteristic(s) might guide an investor whether to trust non-GAAP earnings or not? We focus on board gender diversity. We draw insights from prior research to…
ARC Commitee
ARC Commitee
2 min read
0
890

Update from the EAA Stakeholder Reporting Committee – Response to Exposure Draft ESRS 1 General principles Exposure Draft ESRS 2 General, strategy, governance and materiality assessment disclosure requirements.

Posted by Peter Kajüter, on behalf of the EAA Stakeholder Reporting Committee On 29 April 2022, EFRAG launched a public consultation on 13 Draft EU Sustainability Reporting Standards (ESRS), with a deadline of 8 August 2022. This followed the Corporate Sustainability Reporting Directive (CSRD) proposal, and the letter from Commissioner McGuinness requiring EFRAG to provide Technical Advice to the European Commission in the form of fully prepared draft standards and/or draft amendments to ESRS. These EDs…
EAA Stakeholder Reporting Committee
EAA Stakeholder Reporting Committee
2 min read
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2019

Comment Letter for Exposure Drafts IFRS® Sustainability Disclosure Standards IFRS S1 and S2

July 27, 2022 To: International Sustainability Standards Board, IFRS Foundation From: Professor Charles H. Cho Dr. Blerita Korca Professor Joanna Krasodomska Professor Ian Thomson Professor Gunnar Rimmel Re: Exposure Drafts IFRS® Sustainability Disclosure Standards IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures Dear members of the International Sustainability Standards Board, We are a group of Professors of Accounting who have been researching in the field of sustainability accounting…
CHARLES CHO
CHARLES CHO
17 min read
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Time is (Not) Money: Incentive Effects of Granting Leisure Time

Employees spend a considerable amount of their working time enjoying on-the-job leisure. This on-the-job leisure time costs companies billions of dollars due to the reduction in effective working time. The most significant portion of this on-the-job leisure time is the private consumption of the internet during work time, despite companies employing costly monitoring software against it.  While this demonstrates a management control problem, it can also function as a novel domain for bonuses. Considering the…
ARC Commitee
ARC Commitee
3 min read
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1217
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