Accounting

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[Business Administration]

The Effect of Exchange Rate Changes on Geographic Segment Earnings of U.S. Based Multinationals

This paper examines the translation and operating effects of currency changes on the geographic segment earnings of U.S. based multinational corporations. An effort is made to determine whether the exchange-rate sensitivity of geographic segments is country specific, industry specific, or both.

Sponsor: Deloitte and Touche Foundation
PI: Carol B. Johnson

The Effect of Social Policy on Volume and Earnings Capitalization

This paper examines the effect of social policy on the capitalization of earnings for multinationals with South African investments during the 1980s. Both earnings response coefficients and trading volumes are examined for firms with and without South African investment using a matched-pair design based on industry and size.

Sponsor: State of Oklahoma
PIs: Carol B. Johnson and Cynthia Taylor

The Validity of a Peer Evaluation Instrument in Accounting Education

This study attempts to validate a peer evaluation instrument used in an accounting setting. The instrument is examined for its ability to produce consistent measures for the same student in different groups. The ability of students to accurately assess each other's technical competence is also examined.

Sponsor: State of Oklahoma
PIs: Carol B. Johnson
faye l. smith (University of Missouri, Kansas City)

An Empirical Evaluation of Gender Effects in Team Learning: Implications for Group Structure

This study examines peer evaluation processes in accounting classrooms. An effort is made to determine whether gender effects occur in this process as well as the nature of any such effects. Based on these findings, recommendations are made on how to structure groups to avoid bias problems.

Sponsor: State of Oklahoma
PIs: Carol B. Johnson and Georgia Heinz
faye l. smith (University of Missouri, Kansas City)

A Comparative Evaluation of Alternative Translation Methods with Reference to Firm Valuation

This paper simulates the earnings of 50 firms translated under eight different translation methodologies. Translation approaches are evaluated on the basis of their ability to relate to the present value of future cash flows, their cross-sectional consistency, and their coefficient of variation.

Sponsor: State of Oklahoma
PIs: Dennis H. Patz and Carol B. Johnson
Paul E. Holt (Texas A&I University)

The Impact of Alternative Translation Approaches on Ratio Analysis: A Simulation

This paper examines the effect of alternative translation methods on financial ratios commonly used in ratio analysis. A simulation approach is utilized, whereby earnings of 50 firms are translated under eight different translation methodologies over a 10-year period.

Sponsor: State of Oklahoma
PIs: Dennis H. Patz and Carol B. Johnson
Paul E. Holt (Texas A&I University)

A Reexamination of the Value Relevance of SFAS-33 Disclosures

This paper reexamines SFAS-33 current value disclosures using the Ohlson Model of the relation between accounting and market values and employing fixed and random effects statistical models.

Sponsor: State of Oklahoma
PIs: Dennis H. Patz, Carol B. Johnson, and Russell Calk
Dan Tilley (Agricultural Economist)

A Proposal for Improved Depreciation Allocation Procedure in a Flexible Manufacturing Environment

A depreciation procedure is developed to handle modern manufacturing environments whose capital costs are very high and also very uncertain.

Sponsor: State of Oklahoma
PIs: Amy Hing-Ling Lau, Hon-Shiang Lau, and Donald Gribbin

Practical Procedures for Minimizing the Total System Idle Cost in Scheduling Users' Arrivals to Medical Facilities

We develop a procedure to compute the expected total system costs for any given appointment schedule. This in turn allows us to: (1) find the "lowest-cost appointment schedule" for any given job (i.e., user) sequence; and (2) the optimal job sequence that has the best "lowest-cost appointment schedule."

Sponsor: State of Oklahoma
PIs: Hon-Shiang Lau and Amy Hing-Ling Lau

A Note on Multiple Objective Regulation

This paper derives the optimal regulatory policy for regulation of a single product monopoly when the regulator has the triple objective of keeping prices low, minimizing price variance, and keeping profits close to the allowed level. Analysts' Earnings Forecasts and the Value Relevance of 20-F Reconciliations from non-U.S. to U.S. GAAP (generally accepted accounting principles). This study examines the role of analysts' earnings forecasts in moderating capital market reactions to the SEC's (Securities and Exchange Commission) required GAAP reconciliation disclosures in Form 20-F.

Sponsor: State of Oklahoma
PIs: Gary K. Meek
Cheryl Fulkerson (University of Texas, San Antonio)

A Review and Synthesis of Transnational Financial Reporting: Research in the 1990s

This paper extends an earlier article by the authors on transnational financial reporting. It discusses the new directions the research has taken and offers critical commentary on the literature.

Sponsor: State of Oklahoma
PIs: Gary K. Meek
Shahrokh Saudagaran (Santa Clara University)