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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior This study aimed to perform an epistemological analysis of Brazilian publications in national journals recognized by CAPES occurred in the years 2007 to 2011, based on a sample of 198 articles from eleven journals. For this, we used the space initially proposed by methodological quadripolar Bruyne, and Schoutheete Herman (1991), applied to studies in the area of Administration by Martins (1994) then used by Theóphilo (2000), Theóphilo (2004) and Botelho ( 2012) in accounting. Such analysis methodology covers the Poles Epistemological, Theoretical, Methodological and Technical. Content analyzes were performed in order to compose a database with information about the texts read. Among the highlights are the results of research to the prevalence of Theoretical and empirical type (51%); issues addressed more focus on thematic areas of Accounting for External Users (36%), Management Accounting and Controlling (19%) and Education and Accounting Research (19%). Pole Epistemological it appears that the Break occurs between the object and the object of scientific common sense in 73% of the research, the problem is clearly stated in 69% of the work and principles of preparation of the scientific object was observed on average by 89% cases. The Pole Theory emphasizes that 94% of the sample shows the theoretical stance Positive great Positivist theory is in 83% of texts and approaches to theories are mostly Macroeconomic. Regarding methodological aspects, the positivist approach was detected in 75% of articles. Of research strategies, the almost experiment was the predominant (30%), data on 43% of surveys were collected in a Documentary. The Descriptive Statistics toolset contains the most recurrent in the studies analyzed (39% of all uses). The total work 108 (55%) emphasizes on contemporary events. Most analyzed articles (141) further specifies the steps of its construction, to allow replication and other possible scenario. Future studies may make comparisons between aspects of Brazilian research with international and pointing their similarities and differences, see if there are relations between the profile of research published in journals and training for members of its editorial board and perform statistical analyzes to assess the degree of relationship Among the features of the studies. Este estudo teve a finalidade de realizar uma análise epistemológica das publicações brasileiras em periódicos nacionais reconhecidos pela CAPES, durante os anos de 2007 a 2011, com base em uma amostra de 198 artigos provenientes de onze periódicos. Para tanto, utilizou-se o espaço metodológico quadripolar proposto, inicialmente, por Bruyne, Herman e Schoutheete (1982), aplicado a estudos na área de Administração por Martins (1994) e, em seguida, utilizado por Theóphilo (2000), Theóphilo (2004) e Botelho (2012) na área contábil. Tal metodologia de análise abrange os Pólos Epistemológico, Teórico, Metodológico e Técnico. Análises de conteúdo foram realizadas a fim de compor um banco de dados com informações sobre os textos lidos. Dentre os resultados, destaca-se o predomínio de pesquisas do tipo Teórico-empíricas (51%), estando os assuntos mais abordados concentrados nas áreas temáticas de Contabilidade para Usuários Externos (36%), Controladoria e Contabilidade Gerencial (19%), e Ensino e Pesquisa em Contabilidade (19%). No Polo Epistemológico, verifica-se a ocorrência da ruptura entre o objeto científico e o objeto do senso comum, em 73% das pesquisas; a problemática está claramente explicitada em 69% dos trabalhos e os princípios da elaboração do objeto científico foram respeitados, em média, em 89% dos casos. O Polo Teórico acentua que 94% da amostra apresenta a postura teórica Positiva. Já a grande teoria é Positivista em 83% dos textos, e as abordagens às teorias são, em sua maioria, Macroeconômicas. Quanto aos aspectos metodológicos, a abordagem Positivista foi detectada em 75% dos artigos. Dentre as estratégias de pesquisa, a predominante foi o Quaseexperimento (30%), sendo os dados, em 43% das pesquisas, coletados de forma Documental. A Estatística Descritiva contém o conjunto de ferramentas mais recorrente nos estudos analisados (39% das utilizações). O total de 108 trabalhos (55%) dirige sua ênfase para acontecimentos contemporâneos. A maior parte dos artigos analisados (141) explicita as etapas de sua construção, a fim de permitir uma possível replicação em outro cenário. Estudos futuros podem ser realizados para comparar aspectos das pesquisas brasileiras com as internacionais, apontando suas semelhanças e diferenças. Ainda, sugere-se a verificação de relações entre o perfil das pesquisas publicadas nos periódicos e a formação dos membros de seu corpo editorial, bem como a realização de análises estatísticas para avaliar o grau de relacionamento entre as características dos estudos. Mestre em Administração

This experimental essay constructs a conversation between systems thinking and financial reporting. First, general ideas of system and ecology are introduced and used to inform a review of three overlapping clusters of accounting research. Each of these clusters assumes and emphasises different system characteristics. Second, these characteristics are blended within the model of the financial reporting system as a risk cycle. Third, critical challenges in modelling the financial reporting system are considered, with a focus on the position of a financial reporting regulator. Finally, in a thought experiment, the perspective of a hypothetical non-executive director on the board of a regulator with system-wide responsibilities is adopted. The essay proposes some questions that such a director could expect a model of the financial reporting system would help to answer. Borrowing from ecology, it is argued that any model of the financial reporting system must: be as simple as possible without being too simple; be dynamic and focused on relationships rather than static entities; and embrace risk and uncertainty to avoid ‘illusions of control’.

Accounting and management practice as well as accounting research would benefit by shifting more of the scholarly attention towards external matters — solving problems of practice — while retaining its emphasis on rigor and validity of research claims. The scope of natural sciences extends beyond the boundaries of time or space, but social sciences are contingent on both. Compared with the laws of mechanics, electricity or sound, any regularities we observe in social domains tend to have limited, and noisier predictive power and practical applicability. Moreover, regularities observed in social data are often unstable because of the reflexivity of such phenomena: once human beings recognize a pattern in past data, they tend to adjust their behavior so the pattern in the data changes. In other words, many social phenomena tend not to be robust to their own discovery.

PurposeThis paper aims to highlight the importance of (public) value(s) and publicness in accounting and accountability research. It pinpoints a range of issues that scholars need to contemplate when reconsidering publicness in accounting research and practice.Design/methodology/approachThe paper adopts an interdisciplinary literature review associated with a conceptual discussion of the actual and future challenges of public service accounting and accountability in considering public value(s).FindingsThe paper illustrates the centrality of (public) value(s) at the individual, organizational and societal levels in shaping and being shaped by calculative practices, and shows that looking at the interconnections between values and accounting is a fruitful research avenue. Moreover, it highlights the power of embracing interdisciplinary approaches to illuminate these interconnections and relate them to complex and current phenomena.Originality/valueThe paper’s originality lies in the reconsideration of (public) value(s) for public service accounting scholars, providing a critical reflection and setting new research avenues.

In the absence of random treatment assignment, the selection of appropriate control variables is essential to designing well-specified empirical tests of causal effects. However, the importance of control variables seems under-appreciated in accounting research relative to other methodological issues. Despite the frequent reliance on control variables, the accounting literature has limited guidance on how to select them. We evaluate the evolution in the use of control variables in accounting research and discuss some of the issues that researchers should consider when choosing control variables. Using simulations, we illustrate that more control is not always better and that some control variables can introduce bias into an otherwise well-specified model. We also demonstrate other issues with control variables, including the effects of measurement error and complications associated with fixed effects. Finally, we provide practical suggestions for future accounting research. Data Availability: All data used are publicly available from sources cited in the text. JEL Classifications: M40; M41; C18; C52.

Purpose While the COVID-19 virus has been spreading worldwide, some studies have related the pandemic with various aspects of accounting and therefore emphasized the importance of accounting research in understanding the impact of COVID-19 on society as a whole. Recent studies have looked into such an impact on various industries such as retail and agriculture. The current study aims at applying a sociological framework, sociology of worth (SOW), to the gaming industry in Macau, the largest operator of state-allowed gambling and entertainment in China, which will allow for its development during the COVID-19 pandemic to be charted. Design/methodology/approach The study uses the theory of SOW as a framework and collects data from various sources, such as the government, gaming operators and the public, to create timelines and SOW frameworks to analyze the impact of the virus on the gaming industry and the society as a whole. Findings Detailed content analysis and the creation of different SOW matrices determined that the notion of a “lonely economy” during a time of a critical event may be ameliorated in the long term through compromises of the different worlds and actors of the SOW. Practical implications Though largely theory-based, this study offers a thorough account of the COVID-19 incident for both the government and the gaming industry to reflect on and to consider new ways to fight against degrowth caused by disasters or crises. Social implications The SOW framework divides society into different worlds of different worths. The current study shows how the worths of the different worlds are congruent during normal periods, and how cracks appear between them when a sudden crisis, such as COVID-19, occurs. The article serves as a social account of how these cracks are formed and how could they be resolved through compromise and reconstruction. Originality/value This study is a first attempt to apply SOW to a controversial industry (gaming) while the effects of the COVID-19 pandemic are ongoing. It offers a significant contribution to the social accounting literature through its consideration of the combination of unprecedented factors in a well-timed study that pays close attention to analyses and theoretical elaboration.

This study explores the publishing patterns of a specialized accounting history journal - De Computis,Revista Espanola de Historia de la Contabilidad. The survey is confined to 172 refereed contributions publishedin 16 years between 2004 and 2019. This article depicts dominant research trends and the decline in research areasby examining authorship patterns, topics, periods, sources, and language. One of our principal findings revealsthat the historical research landscape in De Computis is transforming since its inception to Emerging SourcesCitation Index in 2015. There is an escalation in non-Spanish articles' percentage and a decline in archival sources'usage. The 18th and 19th centuries stand out as the most popular research periods. We conclude with somesuggestions for the journal moving forward.

Manuscript type: Research paperResearch aims: This study focuses on the effects of audit partner rotation on audit quality (AQ) in China. In particular, we examine the effects of review auditors (RAs) and engagement auditors (EAs) on AQ when they voluntarily and mandatorily rotate.Design/Methodology/Approach: The data in this study are retrieved from the Chinese Stock Market and Accounting Research (CSMAR) database. We develop an OLS regression model and logit model respectively to test the hypotheses developed. Finally, we have 13,856 firm-year observations collected for the first regression model, and 16,893 firm-year observations gathered for the second logit model from 2003 to 2015.Research findings: Findings show that RAs are more likely to behave opportunistically to retain clients by weighing up the benefits and costs of compromising audit quality in the first year after a rotation. The results imply that RAs may have an incentive to acquiesce the clients’ accounting irregularities in their first year of audit engagement when they are mandatorily rotated. However, we do not find this trend in terms of EAs’ rotation, suggesting that EAs are less affected by the auditor-client relationship compared to RAs. In addition, we find that RAs are less likely to issue modified audit opinions (MOPI) as the magnitude of negative discretionary accruals (DA) increases when they are voluntarily rotated.Theoretical contribution/Originality: Previous studies have investigated the relationship between mandatory audit partner rotation and audit quality. The results are mixed and inconclusive. Our study contributes to the extant literature by considering RAs’ opportunistic behaviour after mandatory rotation, which has not been exploredin previous studies. In China, only a few studies have examined the relationship between mandatory audit partner rotation and audit quality. Our study is one of the first study focusing on the RA’s influence on AQ.Practitioner/Policy implication: The findings of our study can help Chinese authorities, listed firms and academics gain more understanding on whether mandatory audit partner rotation improves audit quality in practice. Since RAs have greater incentive to retain the existing client, we propose that RAs should bear more responsibility for the audit work, instead of the equally shared responsibility with EAs.Research limitation/Implications: Our study is subject to some limitations. First, our study adopts the performance-adjusted discretionary accruals as a proxy for audit quality. However, there can be a measurement error in estimating discretionary accruals. Second, we focus on the auditor rotation and exclude the case of audit firm rotation. Since the AQ can be affected by various factors, audit firm rotation can also affect AQ. Third, although we test the relative effects of RAs and EAs in audit work, we do not examine the effect of RAs’ characteristics such as their professional experience, educational background, and years of service. AQ can be affected by RAs’ characteristics. Keywords: Auditor Rotation, Audit Quality, China, Review Auditors,Engagement AuditorsJEL Classification: G0

The purpose of this study is to empirically determine the effect of earnings management and corporate governance practices on firm value. Modified Jones-based discretionary accruals are used as a proxy for earnings management. Firm value is measured by Tobin's Q and corporate governance is evaluated by independent commissioners, managerial ownership, institutional ownership, and auditor reputation. The study uses companies listed in Indonesia Stock Exchange for the 2017-2019 period. The main findings indicate that earnings management has a positive effect on firm value and institutional ownership is able to weaken the effect of earnings management on firm value. This study contributes to market-based accounting research and corporate governance.

This article points to gaps between academic research and the needs of accounting standard-setters. In part it attributes those gaps to the academic literature seeming to be inaccessible and oriented to ideas apparently unrelated to the policy-making issues facing standard-setters. As a means of partially reducing that perceived inaccessibility, the paper provides a way for standard-setters to identify and classify the various forms of academic accounting research so that they can evaluate their usefulness. Two prominent strands of research (agency theory/costly contracting and value relevance) are, as illustrations, analysed so that standard-setters can see how they might approach those strands. The paper suggests a users’ needs/demand driven approach to improving understanding, rather than a supply (by academics) driven approach. Finally, the paper explains how the performance metrics faced by academics can be inconsistent with the readiness expressed by standard-setters to have academics assist them. The paper provides a suggestion as to how there could be some alignment of academic performance metrics and standard-setters’ needs.

Purpose This paper aims to investigate funding and performance monitoring practices in Zambia’s health sector from an institutional and stratified ontology perspective. Such an approach was deemed appropriate in view of pluralistic institutional environments characterising most African economies that are also considered to be highly stratified. Design/methodology/approach Blended with insights from stratified ontology, the paper draws on institutional pluralism as a theoretical lens to understand the institutional structures, mechanisms, events and experiences encountered by actors operating at different levels of Zambia’s health sector. The study adopted an interpretive approach that helped to investigate the multifaceted and subjective nature of social phenomena and practices being studied. Data were collected from both archival sources and interviews with key stakeholders operating within Zambia’s health sector. Findings The study’s findings indicate the high levels of stratification within Zambia’s health sector as evidenced by the three sector levels that possessed different characteristics in terms of actor responses to donor influence. This study equally demonstrates the capacity of agents operating under highly fragmented institutional environments to engage in enabling and constraining responses depending on the understanding of their empirical world. Originality/value Through blending insights from stratified ontology with institutional pluralism, the study contributes to the literature by demonstrating the enabling and constraining reflexive capacity of agents to exercise choices under highly fragmented institutional environments while responding to multiple demands and expectations to sustain the co-existence of diverse stakeholders. Accordingly, the study advances thinking on the application of institutional theory to critical accounting research in line with recent ontological and epistemological shifts in institutional theory.

The attention being paid to ethics education in accounting has been increasing, especially after the corporate accounting scandals at the turn of the century. This paper provides a comprehensive overview of the existing research in the field of ethics education in accounting. To synthesize past research, a bibliometric analysis that references 134 primary studies is performed and three bibliometric methods are applied. First, we visualize the historical evolution of ethics education in accounting research through historiography. Second, we use bibliographic coupling to identify clusters of ethics education in accounting research before, during, and after major corporate scandals. Third, we perform a co-word analysis to connect the identified patterns into a map of a contextual space. The results reveal, in each decade, not only an increasing academic focus on this field of research, but also an increasing number of different research clusters. While the clusters Factors affecting moral judgement, Perception of ethics, and Lack of ethics topics in the last research period develop further from the respective clusters in the previous periods, Accounting beyond technical skills, Integration of ethics in accounting education, Use of developed ethics frameworks, and Professional values on the contrary develop anew in the last decade, as a consequence of a growing demand for teaching ethics. Overall, the paper presents the development patterns of ethics education in accounting research and sets up a research agenda that encourages future research.

PurposeThe first purpose of this study is to respond to Matthews’ (2017) criticisms of Larson's (1977) professional project and accounting historians' past use of Larson (1977) when researching public accountancy professionalization. The second purpose is to use the response to Matthews (2017) as the foundation to construct a model of socio-economic closures of potential use for research and study.Design/methodology/approachIn order to respond to Matthews (2017), the study provides an interpretive review of Larson (1977) and analyses historical professionalization research published in leading accounting journals over three decades. The review and response, together with prior theory contributions, form the foundation for the proposed model of closures.FindingsMatthews’ (2017) criticisms of Larson (1977) and accounting historians' past use of Larson (1977) are, with some exceptions, not well-founded. Larson's (1977) professional project is an ideal model of professionalization and has been used appropriately by accounting historians to introduce and explain rather than a model or test public accountancy professionalization. The analyzed data from research journals are consistent with Larson (1977) in terms of identifiable historical phases of and specific closures actions in the professionalization process.Research limitations/implicationsThe study analyses peer-reviewed studies in selected accounting research journals over a defined period.Practical implicationsThe study provides a nuanced review of Larson (1977), clarifies evidence of the past use of Larson (1977) by accounting historians, challenges criticism of this use, identifies primary research that focuses on socio-economic closures and proposes a model of such closures for future research and study.Originality/valueThe study contains a comprehensive analysis of peer-reviewed research of public accountancy professionalization and proposes a model of closures inductively derived from empirical evidence and prior theoretical contributions.

When rent extraction and monitoring failures affects the citizens-government relationship (Lederman et al., [4]), room for corruption emerges. The symposium welcomes researchers from different disciplines, from public administration to management and accounting research, economics and political science, sociological and organization studies, public policy, and beyond. International organizations such as the IMF and Transparency International emphasize the importance of adopting stricter anti-corruption measures to strengthen governance during COVID-19 emergency. [Extracted from the article] Copyright of Public Organization Review is the property of Springer Nature and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Our main objective is to create a framework to analyze signals sent from academic journals. The signals chosen for the framework were: journal’ scopes; and the latest published papers. We apply the framework to the field of accounting with the main focus of categorizing the journal scopes and the latest published articles into research topics by using text mining techniques. We analyze the published papers of research topics in accounting journals during the 2016–2018 period. Another objective is to compare research topics from the last published papers with research topics identified in accounting journal scopes. We found a majority of journals with a broader scope in terms of accounting research areas, but we see a concentration on specific research topics by analyzing the papers. In addition, the most signaled accounting areas in scopes are financial accounting and auditing. The framework helps us categorize 5270 research papers into accounting research topics correctly, faster than manually reading titles, abstracts, and keywords. While specific scopes may carry the risk of missing new research trends, broad scopes may require more reviewers from different research areas. Diversity can be seen as applying other methodological choices, theoretical lenses, and conceptual or empirical research approaches. We believe that academic diversity is for the benefit of accounting research.

We explore the connections from phenomena to new data and from data to theories. While starting with philosophical perspectives from positive economic theory to positive accounting theory, we emphasize the relevance and importance of new data sources to archival research in accounting and the implications to research in accounting information systems and emerging technologies. We present a number of studies in accounting that exemplify the critical role of data in the discovery of theories from phenomena. We argue that data in conventional empirical studies limit methodology to require assumptions and complex econometric treatments for general business settings. Therefore, recent developments in “Big Data” and data analytics, particularly the improved data availability from a variety of new sources, have made strong research designs possible. We provide evidence that 88 percent of the JIS and 100 percent of the JETA empirical archival publications in the recent two years used new data sources.

PurposeThis paper aims to encourage the extension of the literature on accountant stereotypes beyond primarily Angelo-American contexts based on reflections formed on reading the novel, Blindness, by José Saramago.Design/methodology/approachA mindful insight into how an accountant, blind since birth, is portrayed in the novel Blindness by acclaimed Portuguese author Saramago, a Nobel Prize for Literature recipient.FindingsThe study reveals characters under extreme circumstances when a city is plunged into a blindness epidemic, or distinctive “white blindness”, and failings in human behaviour, particularly by hoodlums and their leaders, including the blind accountant.Research implicationsBy reflecting on what we take for granted in the accountant stereotypes literature, this paper illuminates how we can all contribute new understandings of accounting and accountants more specifically in all contexts in which the discipline and its practitioners operate, including non-Anglo-American contexts.Originality/valueThe paper presents the insights of a member of the historical and interdisciplinary accounting research community with experience in research and publication on accountant stereotypes.

PurposeThe purpose of this study is to examine the disruptive effects of COVID-19 on supply chains and question the role of accounting information in managing these supply chains in the face of such disruptive effects.Design/methodology/approachThe study first explains the effects of COVID-19 on the supply chains of business entities. It then explains the role of accounting information in supply chain management, questions accounting information's ability to play such a role, and makes recommendations for better accounting disclosures and accounting research for supply chains of firms. To illustrate the salient points, a case study of Fisher and Paykel Healthcare is conducted. It identifies the risks and uncertainties of supply chains exposed by COVID-19 disruptions to businesses.FindingsCOVID-19 has affected Fisher and Paykel Healthcare from both the supply-side (upstream) and demand-side (downstream) perspectives. On the supply side, it has disrupted the supply of raw materials used in the manufacture of respiratory devices and the costs of importing such materials. On the demand side, it has disrupted market logistics and customer demand. This has subsequently affected production. Such disruptions can be overcome through the dissemination of appropriate accounting information for the different stages of the supply chain to the managers. Such accounting information can also be useful to external stakeholders for minimizing their risks.Originality/valueThe study attempts to create an awareness of the supply chain uncertainties faced by managers and stakeholders arising from exogenous shocks, such as a pandemic, and how these uncertainties can be mitigated by aligning accounting information flows with the supply chain activity flows. The observations made in this paper are at a conceptual level and, therefore, can be applied to any industry.

PurposeThe authors examine whether Chinese banks use loan loss provisions (LLPs) for capital management, income smoothing and signaling purposes, and assess the effect of the recent regulatory changes following the implementation of Chinese Basel III on such behavior.Design/methodology/approachThe authors use a unique set of hand-collected data on bank capital combined with financial data downloaded from the China Stock Market and Accounting Research (CSMAR) database. Multivariate regression models are used to test our hypotheses.FindingsThe authors find that while there is no evidence to suggest capital management practice before the Chinese Basel III, the implementation of the new regulations induced listed banks to manage tier-1 capital via LLPs. The authors also find strong support that Chinese banks engage in income smoothing via LLPs management, and there is no change in such tendency following the issuance of Chinese Basel III. Lastly, the authors do not find support for the signaling behavior by Chinese banks using LLPs.Practical implicationsThe authors’ evidence suggests that elevated tier-1 capital and provisioning requirements may induce capital management by banks, which indicates a potential unintended effect brought forth by the new Basel regulations.Originality/valueTo the best of authors’ knowledge, this study is the first to examine Chinese banks' behavior relating to LLPs in terms of capital management, income smoothing and signaling. In particular, the authors use a sample containing a large number of Chinese commercial banks – previously a major data issue in other studies.

PurposeThe authors explore the Australian Government's implementation of budgetary measures to manage the social and economic impacts of COVID-19, paying particular attention to how the country's history of inequality has shaped these actions, and the effect inequality may have on outcomes.Design/methodology/approachIn this qualitative case study of public budgeting, the authors draw on the latest research into inequality to consider the implications of policy responses to COVID-19 in Australia. In particular, we examine the short-term introduction of what we term “people-focused” budgetary measures. These appeared contrary to the dominant neoliberalist approach to Australian welfare policymaking.FindingsThis paper foregrounds the relationship between budgeting, public policy and inequality and explores how decades of increasingly regressive tax systems and stagnating living wages have made both people, and the state, vulnerable to crises like COVID.Social implicationsThere is still much to learn about the role of accounting in the shaping of growing economic inequality. In focusing on public budgeting within the context of COVID, the authors suggest ways accounting researchers can contribute to our understanding of economic inequality, both in terms of drivers and consequences. The authors hope to contribute to a growing body of accounting research that can influence social movements, political debates and policymaking, while also raising awareness of the consequences of wealth and income inequality.Originality/valueThe authors explore ways accounting scholars might help articulate a post-COVID future that avoids recreating the inequalities of the past and present.

This review analyzes the role of emotions in accounting research. Drawing on an analytical framework that differentiates between joy-, fear-, anger- and sadness-based emotions, we disentangle the b...

Residual income model in equity valuation has emerged as a useful reference for investment decisions on account of its theoretical foundations for analytical accounting research and also the basis of modelling for empirical study on value relevance. However, since investors have disagreement on firm's future earnings, it may have an effect on firm's evaluation and hence affect stock price. The paper extends the residual income model by incorporating investors' heterogeneous beliefs on the persistence of residual income, and then tests the theoretical findings through numerical simulation. The model implies that the relation between stock price and heterogeneous beliefs depends on the sign of residual income, and the impact of informed traders on stock price relies on the interaction effect of heterogeneous beliefs and residual income. The numerical simulation results prove that under the circumstance of positive heterogeneous beliefs, if residual income is also positive, stock price has a positive relation with heterogeneous beliefs and amount of informed investor; while if residual income is negative, stock price has a negative relation with heterogeneous beliefs and informed trading. The findings of the paper provide some useful theoretical implications on the effect of heterogeneous beliefs on equity valuation via residual income framework. Research limitations mainly exist in the strict theoretical assumptions, which can be loosen in further researches to make the model closer to real market.

The objective of this paper is to assess the impact of data analytics (DA) and machine learning (ML) on accounting research.[1] As discussed in the paper, the inherent inductive nature of DA and ML is creating an important trend in the way accounting research is being conducted. That trend is the increasing utilization of inductive-based research among accounting researchers. Indeed, as a result of the recent developments with DA and ML, a rebalancing is taking place between inductive-based and deductive-based research in accounting.[2] In essence, we are witnessing the resurrection of inductive-based accounting research. A brief review of some empirical evidence to support the above argument is also provided in the paper.

This study aimed to investigate the present situation of the Libyan accounting research by assessing the availability of appropriate characteristics in its three components (research - researcher - research environment). To achieve this, the descriptive method was followed, and (75) questionnaires were distributed in electronic and paper form to a random sample of faculty members in the accounting departments of the Faculties of Economics in the universities of Tripoli, Zawiya and Sabratha, but (57) questionnaires were valid for statistical analysis using the (SPSS) program. Major findings revealed the availability of the characteristics of research in the published Libyan accounting research, as well as the availability of the characteristics of researchers in the Libyan accounting researcher with means of (3.126) and (3.175) respectively. Further, findings showed lack of appropriate research environment characteristics in the Libyan accounting research environment. The study recommended improving the characteristics of accounting research by setting conditions for writing and publishing accounting research, coordinating lists of scientific journals in which it can be published, and supporting the accounting researcher by reducing their teaching burden, activating sabbaticals and preparing specialized training programs to develop their research skills. In addition, independent and sufficient budgets for accounting research should be allocated to create an environment for scientific accounting research. Keywords: accounting research, characteristics of research, characteristics of the researcher, characteristics of the research environment

SYNOPSIS Amazon Mechanical Turk (MTurk) is an increasingly popular source of experimental participants due to its convenience and low cost (relative to traditional laboratories). However, MTurk presents challenges related to statistical power and reliability. These challenges are not unique to MTurk, but are more prevalent than in research conducted with other participant pools. In this paper I discuss several reasons why research conducted with MTurk may face additional power and reliability challenges. I then present suggestions for dealing with these challenges, taking advantage of the comparative strengths of MTurk. The discussion should be of interest to Ph.D. students and other researchers considering using MTurk or other online platforms as a source of experimental participants as well as to reviewers and editors who are considering quality control standards for research conducted with this participant pool. JEL Classifications: M40; M41; M42; C18; C90; C91.

This study reveals themes and trends in accounting research over the past 20 years by utilizing natural language processing and text‐mining techniques. We generated a corpus consisting of over 40,000 articles through multiple searches in EBSCOhost Business Source Premier, Scopus, and ScienceDirect to gather data from 30 highly ranked (A* and A) journals that were listed and categorized by the Australian Business Deans Council (ABDC) as the top accounting journals. Based upon predetermined inclusion and exclusion criteria, we eliminated 24,474 non‐empirical articles and those with no abstracts, resulting in 16,449 abstracts. The text‐mining analyses reveal 15 distinct clusters, with five clusters showing downward trends, six trending upward, and four maintaining stability. The downward trending clusters are: (1) capital markets; (2) financial reporting; (3) accounting education, careers, and diversity; (4) earnings/markets; and (5) accounting history and capitalism. Trending upward are: (1) critical accounting; (2) auditing; (3) corporate governance; (4) corporate social responsibility; (5) debt financing; and (6) financial markets and forecasting. Stable clusters are: (1) managerial accounting; (2) international accounting standards; (3) taxation; and (4) governmental accounting. This study introduces an innovative method for discerning themes and trends in accounting research and offers a guide to neophyte accounting faculty for determining publishing outlets for research. In utilizing our findings to drill down and provide more detailed knowledge, it also serves as a reference point for future text‐mining studies.