The effect of cognitive reflection on the efficacy of impression management: An experimental analysis with financial analysts
Accounting, Auditing & Accountability Journal, 2018•emerald.com
Purpose The purpose of this paper is to investigate whether analysts' personal cognitive
traits mitigate the efficacy of graphical impression management. Design/methodology/
approach Three experiments are conducted wherein 525 professional accountants working
as financial analysts rate a hypothetical company's performance graph depicting its net
income trend. The manipulation is the presence (absence) of impression management
techniques. Hypotheses test whether different techniques are effective and whether analysts' …
traits mitigate the efficacy of graphical impression management. Design/methodology/
approach Three experiments are conducted wherein 525 professional accountants working
as financial analysts rate a hypothetical company's performance graph depicting its net
income trend. The manipulation is the presence (absence) of impression management
techniques. Hypotheses test whether different techniques are effective and whether analysts' …
Purpose
The purpose of this paper is to investigate whether analysts’ personal cognitive traits mitigate the efficacy of graphical impression management.
Design/methodology/approach
Three experiments are conducted wherein 525 professional accountants working as financial analysts rate a hypothetical company’s performance graph depicting its net income trend. The manipulation is the presence (absence) of impression management techniques. Hypotheses test whether different techniques are effective and whether analysts’ cognitive reflection ability mitigates manipulation efficacy.
Findings
Presentation enhancement is effective only with impulsive analysts, showing the weakness of this technique through the use of colors. Measurement distortion and selectivity techniques are effective for reflective and impulsive analysts; however, reflective analysts are more critical about graphs prepared via selectivity that emphasize profit recovery following crises.
Research limitations/implications
Each impression management technique is investigated in isolation and in controlled conditions. Further research could consider how personal cognitive traits impact the efficacy of combined techniques and whether imbedding manipulated graphs with other information mitigates impression management efficacy.
Practical implications
Research on impression management is mostly “task-oriented;” few “people-oriented” studies focus on decision making by those using financial reports. Users’ cognitive reflection ability is shown to undermine the efficacy of some impression management techniques.
Social implications
Financial analysts, auditors and regulators could develop mechanisms to avoid pervasive usage of (or enhance skepticism regarding) techniques not mitigated by users’ reflectiveness.
Originality/value
Evidence from financial analysts with an accounting background provides insights on individual characteristics’ influence on graphical impression management efficacy.
Emerald Insight以上显示的是最相近的搜索结果。 查看全部搜索结果