Journal article

Critique on the "Manager Effects" Research and Implications for Management Accounting Research

Margaret A Abernethy, Mark S Wallis

JOURNAL OF MANAGEMENT ACCOUNTING RESEARCH | AMER ACCOUNTING ASSOC | Published : 2019

Abstract

Management accounting researchers have been slow to explore the empirical implications of the “manager effect” on management control choices. We critique the “manager effect” literature and identify research opportunities for management accounting researchers. Since the publication of Bertrand and Schoar's (2003) seminal paper, which shows that individual managers have an effect on firm behavior, a large and growing body of accounting and finance research has used publicly available data to identify individual manager effects on a variety of firm outcomes. Management accounting researchers can add significant value to this research; for example, by exploring the control choices that a firm m..

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