I’m pleased to recognize several faculty members whose research recently has been accepted for publication:

Accountancy

Andy Imdieke, Assistant Professor

"On the relation between insider trading and going concern opinions," co-authored with Nicholas Hallman,
Kyonghee Kim, and Raynolde Perreira; Auditing: A Journal of Practice and Theory (accepted).

“We examine whether managers anticipate going concern opinions and time their trades to avoid sales in
the year of an issuance of a going concern opinion. We find that insider sales increase substantially two to
four years prior to the issuance of a going concern opinion and then decline sharply in the year of the
going concern opinion. Additional analysis suggests that insiders’ anticipatory trading is enabled, at least
in part, by early communication between auditors and their most important clients regarding the likelihood
of a going concern opinion. These early communications appear to reduce the likelihood of dismissal
when auditors do eventually issue going concern opinions.”

ITAO

Kaitlin Wowak, Assistant Professor

“The influence of female directors on product recall decisions," co-authored with George Ball, Corinne Post and David Ketchen; Manufacturing & Service Operations Management (accepted).

“In the medical products industry, firms with more female directors behave very different when it comes to recall decisions for products such as prescription drug or life-sustaining medical devices. Severe product problems that injure or kill consumers are recalled much faster when there are females on the board. Additionally, lower severity product defects that can be hidden from regulators and not recalled are less often hidden when there are female directors.”

Management & Organization

Craig Crossland, Rev. Basil Moreau, C.S.C., Associate Professor of Business, and chair of the Management & Organization Department and Adam Wowak, Associate Professor

"How do initial board perceptions of CEO quality correspond with subsequent CEO career performance?" co-authored with Timothy Quigley); Organization Science (accepted).

“How well are boards of directors doing their jobs? Despite its deceptive simplicity, this question has proven surprisingly difficult to answer. In this study, we examine how CEOs' initial pay packages — i.e., boards' initial assessments of their CEO's worth — predict their performance over the rest of their tenure. Our results suggest that boards are generally doing well on this front, although better in some situations than in others.”

Congrats Andy, Kaitlin, Craig and Adam!

I also want to congratulate Sandra Vera-Muñoz and the Accountancy Department for a successful Accounting Fall Research Conference, which kicked off with dinner on Sept. 12 (Thursday) and concluded with the tailgate and the New Mexico football game on Saturday, Sept. 14. Thank you to planning committee members Stephannie Larocque (chair), Erik Beardsley, John Donovan, Andy Imdieke, Zach Kowaleski and Jessie Watkins, and also great kudos to Lorie Marsh and Amanda Rink for their help with organizing the events. To echo Sandra’s earlier announcement about the conference, this event and others like it offer our colleagues and fellow researchers with a wonderful opportunity to visit our campus, gain feedback on their research and enjoy being part of our extended community.

In Notre Dame, Martijn