Now showing items 1-9 of 9

    • Auditor Lobbying on Accounting Standards 

      Allen, Abigail Mcintosh; Ramanna, Karthik; Roychowdhury, Sugata (2015-01-20)
      We examine how Big N auditors’ changing incentives impact their comment-letter lobbying on U.S. GAAP over the first thirty-four years of the FASB (1973–2006). We examine the influence of auditors’ lobbying incentives arising ...
    • Evidence on the Use of Unverifiable Estimates in Required Goodwill Impairment 

      Ramanna, Karthik; Watts, Ross L. (Springer, 2012)
      SFAS 142 requires managers to estimate the current fair value of goodwill to determine goodwill write-offs. In promulgating the standard, the FASB predicted managers will, on average, use the fair value estimates to convey ...
    • A Framework for Research on Corporate Accountability Reporting 

      Ramanna, Karthik (2013)
      This paper provides an accounting-based conceptual framing of the phenomenon of corporate accountability reporting. Such reporting is seen as arising from a delegator's (e.g., a citizenry) demand to hold a delegate (e.g., ...
    • The International Politics of IFRS Harmonization 

      Ramanna, Karthik (De Gruyter, 2013)
      The globalization of accounting standards as seen through the proliferation of IFRS worldwide is one of the most important developments in corporate governance over the last decade. I offer an analysis of some international ...
    • Is the SEC captured? Evidence from comment-letter reviews 

      Heese, Jonas; Khan, Mozaffar; Ramanna, Karthik (2017-06-28)
      SEC oversight of publicly listed firms ranges from comment letter (CL) reviews of firms’ reporting compliance to pursuing enforcement actions against violators. Prior literature finds that firm political connections (PC) ...
    • Network Effects in Countries' Adoption of IFRS 

      Ramanna, Karthik; Sletten, Ewa (American Accounting Association, 2014-05-13)
      If the differences in accounting standards across countries reflect relatively stable institutional differences (e.g., auditing technology, the rule of law, etc.), why did several countries rapidly, albeit in a staggered ...
    • Return on political investment in the American Jobs Creation Act of 2004 

      Chen, Hui; Gunny, Katherine; Ramanna, Karthik (2015-01-20)
      Prior literature raises a "puzzle" of high rates of return on corporate political investment, but evidence for this puzzle is largely descriptive in nature. We exploit the setting of the American Jobs Creation Act’s passage ...
    • Thin Political Markets: The Soft Underbelly of Capitalism 

      Ramanna, Karthik (2015)
      "Thin political markets" are the processes through which some of the most complex and critical institutions of our capitalist system are determined—e.g., our accounting-standards infrastructure. In thin political markets, ...
    • Towards an Understanding of the Role of Standard Setters in Standard Setting 

      Allen, Abigail Mcintosh; Ramanna, Karthik (Elsevier, 2013)
      We investigate the effect of standard setters in standard setting: we examine how certain professional and political characteristics of FASB members and SEC commissioners predict the accounting "reliability" and "relevance" ...