Empirical Research in Financial Accounting: Market-Based Research in International Accounting, Part II (Applications and Special Topics)

Lecturer Prof. Dr. Luzi Hail (Wharton School, University of Pennsylvania)
Course Coordinator Dr. Peter Steffen Schmidt
Lecture ID DOEC0613
Category Seminar
Course of Studies Doctoral program in Business Administration
Part of PhD: Required elective module Business
PhD: Required elective module Banking and Finance
PhD: Required elective module Management Economics
PhD: Required elective module Economy
Assessment Components
  • research proposal
  • oral presentation
  • presence and active participation during the seminar
Credits 3 ECTS
Date / Time / Room
 Date  Time  Room
 Oct 20, 2021  08:00 - 18:00

 online

 Oct 21, 2021

 08:00 - 18:00

 online

 Oct 22, 2021

 08:00 - 18:00

 online

Course description Market-based research in international accounting uses cross-border comparisons and within country analyses exploiting the unique features of the local institutional environment to study how public and private institutions affect the properties and uses of accounting information. More recent studies go beyond descriptive analyses and attempt to better understand how economic institutions affect the role of accounting information in capital markets, financing decisions, and corporate governance. The course consists of two parts: in Part I, we cover the foundations and discuss some of the basic concepts of international accounting research (e.g., disclosure and cost of capital). In Part II, we apply these concepts to specific areas. Specifically, the topics of Part II cover identification in empirical research, the impact of institutional factors on accounting outcomes, voluntary and mandatory adoption of IFRS, the role of enforcement, and securities regulation. Note that it is suggested but not required that students attend both parts of the course in sequence.
Learning outcomes The objective of the course is to develop your ability to critically evaluate and conduct empirical research in an international context. In particular, you should get (1) an appreciation for the role of theory in applied work, (2) an understanding of research designs commonly used in international accounting research, and (3) the necessary skills to design and conduct empirical research in a cross-border setting. Overall, this course provides an overview of this fast evolving area, and discusses economic hypotheses, research methods, data issues, and limitations to this type of research.
Syllabus Syllabus PhD-Seminar Part II (2021) (PDF, 142 KB)
Prerequisites Doctoral students
Language English
Application In order to apply for this seminar, please see the following link.
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