The Implications of Unverifiable Fair-Value Accounting: Evidence from the Political Economy of Goodwill Accounting

By K. Ramanna. 2008

448 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a45dec26d2a54cff0f6633ba52e461c211c8f5da

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

Citations in the corpus

The Role of Stock Ownership by US Members of Congress on the Market for Political Favors (2014, unknown): “…Faccio, Masulis, and McConnell 2006; Jayachandran 2006; Leuz and Oberholzer-Gee 2006; Claessens, Feijen, Laeven 2008; Desai and Olofsgard 2008; Ramanna 2008; Goldman, Rocholl, and So 2008, 2009; Cole 2009; Cooper, Gulen, and Ovtchinnikov 2009; Correia 2009; Ramanna and Roychowdhury 2010;…”
Voluntary adoption of International Financial Reporting Standards by large unlisted companies in Portugal – Institutional logics and strategic responses (2012, background): “Additionally, studies of accounting lobbying have confirmed manipulation of the standard setting process by firms wanting to influence the content of accounting regulation (Dechow, Hutton, & Sloan, 1996; Hill, Shelton, & Stevens, 2002; Koh, 2011; Ramanna, 2008).”
Towards an Understanding of the Role of Standard Setters in Standard Setting (2013, background): “Kothari, Ramanna, and Skinner (2010) summarize two theories to explain accounting standard setting: “capture” and “ideology.”
Do Firms Manage Fair Value Estimates? An Examination of SFAS 142 Goodwill Impairments (2009, unknown): “As Ramanna (2008) points out, managers can use two earnings management techniques to manage reported earnings under SFAS 142.”
Do key audit matters impact financial reporting behavior? (2020, unknown): “14 Prior research on goodwill impairment shows that financial statement preparers use goodwill impairment decisions to engage in earnings management activities as it is difficult to valuate for third parties (Ramanna, 2008; Ramanna & Watts (2012).”
Implications for GAAP from an Analysis of Positive Research in Accounting (2010, unknown): “and internationally (e.g., Watts and Zimmerman, 1978; Zeff, 2005a, b; Ramanna, 2008).”
Political Uncertainty and Accounting Conservatism (2013, unknown): “11 Other studies, examining the political role in accounting practices, include Ramanna (2008), Guay (2010), Chaney et al. (2011), Kido et al. (2012), and Lent (2012). outsourcing issue) affect another dimension of financial accounting choices, accounting conservatism,12 for a large sample of firms…”
Corporate investment and changes in GAAP (2016, unknown): “For example, Ramanna (2008) shows that SFAS 142 was issued in response to political pressure over the abolition of poolingof-interest accounting; Bens and Monahan (2008) suggest that FIN 46 was issued in response to the Enron scandal; and SAB 101 was issued over concerns that firms manipulate…”
Has goodwill accounting gone bad? (2017, background): “Given the inherent unverifiability of fair values for intangibles and management’s incentives to inflate assets and earnings, it is possible that management will use this new discretion to delay impairments (Watts, 2003; Ramanna, 2008; Ramanna and Watts, 2009).”