Using Google Scholar citations to rank accounting programs: a global perspective

We conduct an assessment on accounting program research performance based on Google Scholar citations for all articles from a set of 23 quality accounting journals during 1991–2010. Our work is a new approach in accounting by directly measuring the impact of the faculty research in accounting programs. We find that the top-5 accounting programs are the University of Pennsylvania, the University of Chicago, Stanford University, the University of Michigan, and Harvard University. These top programs produce a large number of high impact articles. In addition, using the mean citations from all articles in a journal, we find that the Review of Accounting Studies (RAST) is a top-5 journal, replacing Contemporary Accounting Research (CAR).     

It'sOnly Words -- Impacts of Information Technology on Moral Dialogue

New forms of information technology, such as email, webpages and groupware, are being rapidly adopted. Intended to improve efficiency and effectiveness, these technologies also have the potential to radically alter the way people communicate in organizations. The effects can be positive or negative. This paper explores how technology can encourage or discourage moral dialogue -- communication that is open, honest, and respectful of participants. It develops a framework that integrates formal properties of ideal moral discourse, based on Habermas' (1984) theory of communicative action, with properties of informal communication that help sustain good moral conversations (Bird, 1996; Johannesen, 1996). Ten criteria distilled from these works form the basis of a template that can be used for assessing the positive and negative impacts of emerging information technologies on moral dialogue.     

Felt responsibility for change in public organizations: general and sector-specific paths

Employees may be a source of performance-enhancing innovation or an obstacle to its implementation. This article develops a model of felt responsibility for change that integrates general and public sector-specific components. Structural equation modelling using survey data collected from Korean government employees suggests that both transformational leadership and performance-based incentives influence change attitudes by strengthening an organization’s climate for innovation. The analysis also suggests that transformational leadership wields influence through reinforcing public service motivation. It is argued that this path is uniquely relevant to the implementation of reform in the public sector.     

The Impact of Early Commitment on Games Played: Evidence from College Football Recruiting

We use data on athletic scholarship acceptance decisions to show that high school football players signal their ability level by delaying commitment. Although colleges can obtain information about student athletes, National Collegiate Athletic Association regulations limit information flow, making private information an important component of the scholarship market. Using ordinary least squares, censored regression, and negative binomial estimation, we show that for a given observed ability level, committing to a scholarship offer early is associated with less playing time after acceptance. In one season and at a typical average early signing date, early‐committing athletes played in 0.21 fewer games per season, or about 4% of the average number of games played.     

Connecting two markets: An equilibrium framework for shorts,longs, and stock loans

We analyze a reduced-form framework for understanding the equity loan market's impact on share prices. We show that hard-to-borrow stocks will have distinct return patterns, responding more to shocks in the supply of shares available, and to changes in the heterogeneity of investor beliefs, than other stocks. We conduct two empirical tests in which we find strong support for these equilibrium predictions. In our first test, we take advantage of a tax-driven exogenous shock to share loan supply and find that when supply is reduced around dividend record dates, prices of hard-to-borrow stocks increase 1.1% while prices of easy-to-borrow stocks are unaffected. In our second test, we find that hard-to-borrow stocks have 4.8% lower three-month returns than other stocks, with negative returns concentrated in stocks with high heterogeneity in investor beliefs. Thus, we extend the Diether, Malloy, and Scherbina (2002) result that stocks with a greater dispersion of investor beliefs have lower returns.     

Is Your Product Facing the Ad's Center? Facing Direction Affects Processing Fluency and Ad Evaluation

This research investigates a frequently encountered and important decision faced by advertisers: how to face profile images of products in advertisements. Three empirical studies find support for a profile-fluency effect: Profile images of products facing inward (versus outward) toward the center (versus edge) of an ad are easier for consumers to process and result in more positive consumer evaluations. In addition, there is evidence that this effect depends on the shopping goal of the consumer. The results have clear implications for current practices in advertising and offer opportunities for future research.     

Debtfarism and the Violence of Financial Inclusion: The Case of the Payday Lending Industry

The official development literature is replete with studies about the alleged benefits of financial inclusion in reducing poverty in the global South. Few analyses have sought to critically explore advanced forms of financial inclusion in the global North, particularly with regard to the highly lucrative and controversial payday lending industry in the USA. This article fills this void by examining the political economic landscape of payday lending in Ohio. In contrast to the mainstream literature, our analysis suggests that the payday lending industry is not a natural feature of the market that has led to universal benefits for all. Instead, we argue that payday lending not only benefits private creditors at the expense of the working poor, but also that the latter have been made to rely on these expensive loans to meet basic subsistence needs largely through the structural violence of labor market restructuring and neoliberal forms of governance, such as workfarism and ‘debtfarism.’     

Consumer Perceptions of the Social Vs. Environmental Dimensions of Sustainability

Prior research on sustainable consumption has addressed a variety of issues yet is characterized by mixed results. Researchers have often treated sustainability as a uni-dimensional construct, overlooking important differences and thwarting a better understanding of consumer response. We demonstrate that consumers perceive the social and environmental dimensions of sustainability as psychologically distinct in theoretically and practically important ways. Specifically, consumers associate the social dimension of sustainability more with affective, short-term, and local considerations and the environmental dimension more with cognitive, long-term, and global considerations. We identify and explore these distinctions in a qualitative pilot study, which subsequently motivated development of three hypotheses. We provide evidence supporting these hypotheses in a series of five studies. Our findings enable a reinterpretation of prior equivocal research, serve as a foundation for future research, and provide guidance for how policy-makers can tailor policy and related communication efforts depending on whether the focal issue is related to social versus environmental concerns.     

At the Expense of others: Altruistic helping behaviour,performance management and transformational leadership

This article explores the influence of performance management (PM) and transformational leadership (TL) on altruistic helping behaviour (AHB). We argue that PM and TL provide alternative value frameworks against which employees will evaluate costs associated with AHB, and that consequently their influence may be interdependent. The results of regression analysis suggest that TL exerts a stronger influence on AHB in organizations that also have strong PM-based human resource systems, and that PM’s negative effects are stronger when leadership is weak. We conclude that leadership may be an important factor in determining whether public organizations can reap the benefits of PM.     

Alphabeticity Bias in 401(k) Investing

Structural factors that cause irrational investment in defined contribution savings plans are of great concern. Using a proprietary database of 401(k) plans we show that alphabeticity—the order that fund names appear when listed in alphabetical order—significantly biases participants’ investment allocation decisions. While we show a larger impact as the number of funds in the plan increases, this bias is strong even when relatively few funds are available in the plan menu. Importantly, our findings suggest that a more strategic ordering of funds could result in favorable outcomes for participants.