Call, Andrew C.
[VerfasserIn]
;
Campbell, John L.
[Sonstige Person, Familie und Körperschaft];
Dhaliwal, Dan S.
[Sonstige Person, Familie und Körperschaft];
Moon, James
[Sonstige Person, Familie und Körperschaft]
Anmerkungen:
In: Journal of Accounting & Economics 64 (1), 123-149
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 15, 2017 erstellt
Beschreibung:
We examine the association between employee quality and financial reporting outcomes. Using the average workforce education level in MSA(s) where the firm operates as a proxy for employee quality, we find that firms with a high-quality workforce exhibit higher accruals quality, fewer internal control violations, and fewer restatements. These firms also issue superior management forecasts, in terms of frequency, timeliness, accuracy, precision, and bias. Employees located at the firm's headquarters primarily drive our findings. Our evidence suggests employee quality, particularly at a firm's headquarters, is associated with both mandatory and voluntary disclosure quality