This paper discusses challenges and opportunities facing international accounting
researchers and demonstrates the relevance of markets‐based international accounting …

We review research from the 1990s that examines the determinants and consequences of
accounting choice, structuring our analysis around the three types of market imperfections …

The primary objective of this study is to investigate the impact of corporate
internationalization on earnings management. We also explore the mitigating roles of …

This study tests the agency cost hypothesis in the context of geographic earnings
disclosures. The agency cost hypothesis predicts that managers, when not monitored by …

This study tests the relation between corporate tax avoidance and disclosure of geographic
earnings for US multinational companies. We find that after the adoption of Statement of …

Multinational firms have been accused by politicians, regulators, and citizen groups of
shifting profits to low-tax geographic areas. We present evidence that multinational firms with …

We demonstrate the value-relevance of foreign earnings for US multinational firms by
examining the associations between annual abnormal stock performance and changes in …

We examine the importance of foreign earnings relative to domestic earnings for a sample of
US multinationals using variance decomposition. Our methodology represents an alternative …

This study investigates whether abnormal returns can be earned using public information
about firms' domestic and foreign earnings. The results indicate that the market understates …

Foreign operations are becoming increasingly important for US companies. We investigate
whether the market's valuation of foreign earnings is a function of the firm's geographic …