The Issue of Endogeneity within Theory-Based, Quantitative Management Accounting Research

By Robert H. Chenhall, Frank Moers. 2007

244 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/7b2020a7446ae6ba40773f636604709e71b6349c

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Citations in the corpus

The endogeneity bias in the relation between cost-of-debt capital and corporate disclosure policy (2005, unknown): “…the firm (Jaffee, 1975, Kidwell et al. 1984; Fung and Rudd, 1986), and as such impact on the cost-of-debt.4 For example, larger firms are generally 2 This definition is consistent with the econometrics literature (Greene, 2000; Wooldridge, 2002) and with the proposal in Chenhall and Moers (2004).”
An exploratory investigation of an integrated contingency model of strategic management accounting (2008, background): “This accumulated work provides a somewhat equivocal picture (Chenhall and Moers, 2007).”
Endogeneity in Accounting and Finance Research: Natural Experiments as a State-of-the-Art Solution (2015, unknown): “For example, Chenhall and Moers (2007), Larcker and Rusticus (2007), and Van Lent (2007) in accounting.”
Lean Manufacturing, Non-Financial Performance Measures, and Financial Performance (2009, background): “Yet, a significant void in the literature persists ( Chenhall and Moers, 2007”
Crash Risk and the Auditor-Client Relationship (2017, background): “Instrumental variables that are correlated with the explanatory variable but uncorrelated with the error term are difficult to identify in most accounting research settings (Ittner and Larcker 2001; Chenhall and Moers 2007).”
How boards’ internal and external social capital interact to affect firm performance (2016, background): “This procedure comes with the understanding that “at a practical level, it is unlikely that any single study is completely free of endogeneity issues and we therefore argue that the initial consideration should be sought in careful theory construction” (Chenhall and Moers, 2007: 192).”
Endogeneity and Empirical Accounting Research (2007, background): “Chenhall and Moers (this issue) provide an excellent analysis of the econometric problems produced when the predictor variables are endogenous.”
Do comprehensive performance measurement systems help or hinder managers' mental model development? (2011, background): “To partially address endogeneity concerns (Chenhall and Moers, 2007), the structural model also includes job tenure as a control variable as managers with longer tenure in their current job are likely to have access to more information and have developed enhanced learning capabilities.”
Executive Compensation, Corporate Governance and Corporate Performance: A Simultaneous Equation Approach (2015, methodology): “…it has been suggested that it is difficult to obtain appropriate instruments that can be used in estimating our system of 3SLS that can adequately address the presence of potential endogeneity problems (Chenhall and Moers, 2007a, b; Van Lent, 2007; Larcker and Rusticus, 2010; Wooldridge, 2010).”
Introduction of International Accounting Standards, Disclosure Quality and Accuracy of Analysts' Earnings Forecasts (2013, unknown): “Should determinants of this choice that are not taken into account in our equations be correlated with the residuals of the estimations, our estimations would be distorted (Wooldridge, 2003; Chenhall and Moers, 2007).”
CEO Compensation in Private Family Firms (2013, background): “Simultaneous causality is a form of endogeneity that is common in accounting and finance research (Chenhall & Moers, 2007) and can be adequately addressed by applying instrumental variable methods (Bascle, 2008).”
Corporate Governance and Backdating of Executive Stock Options (2009, unknown): “Unfortunately, instrumental variables that satisfy these conditions are very difficult to identify in most accounting research settings (Ittner and Larcker, 2001; Chenhall and Moers, 2007).”