XIII WORKSHOP ON EMPIRICAL RESEARCH IN FINANCIAL ACCOUNTING
23-25 January 2019
The Professorship AECA Carlos Cubillo of Auditing and Accounting is pleased to organize the XIII Workshop on Empirical Research in Financial Accounting. The event will take place in Castellón, Spain on January 23-25 2019, and the deadline for submission is October 1, 2018.
The Workshop on Empirical Research has traditionally been the reference event in Spain to discuss high quality papers in all topics related to empirical financial accounting research. Over the years, the event has become a regular in the agendas of European researchers in accounting. All papers are anonymously peer reviewed prior to acceptance for the workshop, and there is a discussion of the accepted papers after the presentation by their authors. As in previous editions, we will enjoy the attendance of relevant researchers in the area of financial accounting acting as main speakers. We are glad to announce that Ole-Kristian Hope (Rotman School of Management, University of Toronto) and Catherine Shakespeare (Ross School of Business, University of Michigan) will be our plenary guest speakers.
XIII WORKSHOP ON EMPIRICAL RESEARCH IN FINANCIAL ACCOUNTING
Castellón, 23-25 January 2019
14:30pm – 15:00pm
15:00pm – 15:30pm Opening session.
Room: Saló d'Actes
Eva Alcón Soler, Rector of Jaume I University
Vicent Aragó Manzana, Chair of the Accounting and Finance Department, Jaume I University
José Luis Blasco, Dean of Law and Economics Faculty, Jaume I University
Juan Manuel García Lara, Scientific Committee
Belén Gill de Albornoz Noguer, Organising Committee & AECA Professorship
Juan Ángel Lafuente Luengo, Ciutat de Castelló Professorship
15:30pm – 17:15pm Session 1. Disclosure.
Room: Saló d'Actes Chair: Begoña Giner Inchausti, University of Valencia
Paper 1. Determinants of Alternative Performance Measures’ Disclosure Quality: Evidence from Germany
Presenting author: Stephanie Jana, ESCP Europe Berlin
Coauthors: Steffen Schneider
Discussant: Jens Mueller, University of Paderborn
Paper 2. Missing narratives: An analysis of biases in sample selection and variable choice in textual analyses
Presenting author: Encarna Guillamón Saorín, Carlos III University
Coauthors: Andrea Bafundi, Beatriz García Osma
Discussant: Marco Trombetta, IE Business School
Paper 3. Board human capital and disclosure quality in high growth firms
Presenting author: Francisco Bravo, University of Sevilla
Coauthors: Cristina Abad
Discussant: Stephanie Jana, ESCP Europe Berlin
17:15pm – 17:45pm
17:45pm – 19:30pm Parallel sessions. Session 2. Acquisitions and other external shocks.
Room: Saló d'Actes Chair: Facundo Mercado, University of Warwick
Paper 4. Disclosure Regulation and Corporate Acquisitions
Presenting author: Miguel Duro, IESE
Coauthors: Pietro Bonetti, Gaizka Ormazabal
Discussant: Flora Muiño, University of La Coruña
Paper 5. Corporate Social Responsibility and Financial Reporting Quality: Evidence from CSR-Disasters
Presenting author: Irina Gazizova, Carlos III University
Coauthors: Juan Manuel García Lara, Beatriz García Osma
Discussant: Emma García Meca, Polytechnic University of Cartagena
Paper 6. Earnings Management of Target Firms and Deal Premiums: The Role of Industry Relatedness
Presenting author: Héctor Fabio Perafán Pena, University of Valencia
Coauthors: Belén Gill de Albornoz, Begoña Giner Inchausti
Discussant: Miguel Duro, IESE
Session 3. Research Forum. Development papers.
Room 104 Chair: Francisca Pardo, University of Valencia
Paper 7. Does accounting standards change on equity-liability classification matter? Evidence from cooperative entities
Presenting author: Fernando Polo, Polytechnic University of Valencia
Coauthors: Sergio Marí-Vidal
Discussant: Lucía Mellado Bermejo, UNED
Paper 8. Evaluating the impact of compliance with governance recommendations on firm performance: the case of Spain
Presenting author: Manuel Nuñez, University Ramón Llull
Coauthors: Josep Mª García Blandón
Discussant: Fabrizio Di Meo, University of Alcalá
Paper 9. Position, strategy and effectiveness in the lease standard-setting process: special attention to the Big Four audit firms
Presenting author: Lucía Mellado Bermejo, UNED
Coauthors: Laura Parte Esteban
Discussant: Rubén Porcuna, University of Valencia
Paper 10. Sustainable Or Not Sustainable? The Nature of the Board of Directors: “Enhancer” of Sustainable Performance
Presenting author: Nour Chams, University Ramón Llull
Coauthors: Josep Mª García Blandón
Discussant: Miguel Arce, University of Valencia
Dinner Hotel Luz
8:45am – 10:30am Session 4. Financial intermediaries.
Room Saló d'Actes Chair: Fabrizio Di Meo, University of Alcalá
Paper 11. Banking crises, Accounting choices and the Spare tire effect
Presenting author: Marco Trombetta, IE Business School
Coauthors: Claudia Imperatore
Discussant: Facundo Mercado, University of Warwick
Paper 12. Analyst versus machine-learning predictions of risk
Presenting author: William Rees, University of Edinburgh
Coauthors: Alistair Haig
Discussant: Enrique Salvador Aragó, Jaume I University
Paper 13. The role of accounting quality during mutual fund re-sales
Presenting author: Facundo Mercado, University of Warwick
Coauthors: Silvina Rubio, Mariano Scapin
Discussant: Joaquin Peris Peris, CEMFI
10:30am – 11:00am
11:00m – 12:00am Academic keynote.
Room: Saló d'Actes Chair: Miguel Duro, IESE
Keynote: Fair Value Accounting: Perspectives for Future Research;
Catherine Shakespeare, Ross School of Business, University of Michigan
12:15am-14:00pm Session 6
14:00pm – 15:30pm
Bus departure Hotel Luz
Visit Cuevas de Vall d’Uxó
9:30am – 11:15am Parallel sessions. Session 5. Audit and enforcement.
Room: Saló d'Actes Chair: William Rees, Edinburgh University
Paper 14. Forbearance or punishment: Does the stock market value past nonGAAP reporting around material restatements?
Presenting author: Jens Mueller, University of Paderborn
Coauthors: Soenke Sievers, Christian Sofilkanitsch
Discussant: Encarna Guillamón Saorín, Carlos III University
Paper 15. Spend Money to Make Money? Voluntary Audit Reviews and Firms’ Cost of Debt
Presenting author: Shuo Wang, Groningen University
Coauthors: Vlad-Andrei Porumb, Yasemin Karaibrahimoglu
Discussant: Belén Gill de Albornoz Noguer, Jaume I University
Paper 16. Market Reaction to Ethical Failures in the Audit Profession
Presenting author: Rubén Porcuna, University of Valencia
Coauthors: Cristina de Fuentes
Discussant: Héctor Perafán Pena, University of Valencia
11:15am – 11:45am
11:45am – 13:15pm
Editors Panel: What does accounting research has to offer to society?
Moderator: Catherine Shakespeare, Ross School of Business, University of Michigan.
Keynote: Rewards to university investment in research Flora Muiño, University of La Coruña, Associate Editor of Spanish Journal of Finance and Accounting
Speaker 1. Juan Manuel García Lara, Carlos III University, Joint Editor in Chief Accounting and Business Research
Speaker 2. Beatriz García Osma, Carlos III University, Incoming Editor European Accounting Review
Speaker 3. Marco Trombetta, IE Business School, Editor in Chief Journal of Accounting and Public Policy
13:15 pm – 13:45pm
Best paper award and closing session
13:45pm – 15:30pm
Lunch Workshop Venue
Call for papers
We welcome empirical papers in all areas of Financial Accounting research. Topics include, but are not limited to, the following:
Any other contribution to Financial Accounting research will be also very welcome.
Deadlines for submission and registration
"FULL PAPERS" must be sent to: email@example.com
Cristina Abad (Universidad de Sevilla)
Carolina Bona (Universidad de las Palmas de Gran Canaria)
Ulf Brüggemann (Humboldt University of Berlin)
Leandro Cañibano (Universidad Autónoma de Madrid)
Mark Clatworthy (University of Bristol)
Christina Dargenidou (University of Exeter)
Juan M. García Lara (Universidad Carlos III de Madrid)
Beatriz García Osma (Universidad Carlos III de Madrid)
Joachim Gassen (Humboldt University of Berlin)
Belén Gill de Albornoz (Universidad Jaime I)
Begoña Giner (Universidad de Valencia)
José A. Gonzalo (Universidad de Alcalá de Henares)
Joaquina Laffarga (Universidad de Sevilla)
(Universitat Jaume I)
Edward Lee (Manchester University)
Giovanna Michelon (University of Exeter)
Araceli Mora (Universidad de Valencia)
Flora Muiño (Universidad de A Coruña)
Fernando Peñalva (IESE Business School)
Jerónimo Pérez (Universidad de Las Palmas de Gran Canaria)
Bill Rees (University of Edinburgh)
Carmelo Reverte (Universidad Politécnica de Cartagena)
Juan Pedro Sánchez Ballesta (Universidad de Murcia)
Marco Trombetta (Instituto de Empresa)
Belén Gill de Albornoz Noguer
Juan Ángel Lafuente Luengo
Héctor Fabio Perafán Pena
General fee (communicators, attendants, students from other universities...): 220 euros (meals included)
UJI Student fee: 50 euros (meals not included) (0.5 valid credits)
The Universitat Jaume I (UJI) is the public university in the north of the Valencian Community, on the European Mediterranean coast located among the cities of Valencia, Barcelona and Madrid. Established in 1991, the UJI has about 15,000 students, and is located in an integrated, modern, functional and sustainable campus. The UJI is also distinctive for the international outlook of its activities. The workshop will take place at the building of the Business-University Foundation (FUE). We encourage you to participate and share your research interests with our community. We will also enjoy a few days together where you can meet our institution and our city.
For any information: firstname.lastname@example.org
Fundación Universitat Jaume I-Empresa
Edificio Consell Social
Salón de Actos
Campus de Riu Sec - Universitat Jaume I
12071 - Castellón
Already in Castellón. And now , how do you get to the UJI ?
UJI The proximity of the city of Castellón de la Plana and the bus and train station , the urban layout of this area of ??the city, along with the wide range of transportation, allows to reach the campus can choose between public transport , cycling or walking a pleasant journey .
TRAM (from the railway station and bus )
The new transport channel reserved for communication every five minutes Castellón railway station and bus UJI campus . The TRAM is an electric transportation , comfortable , efficient and sustainable , which has changed the travel habits of the university community .
Notes and bonds can be purchased directly from the TRAM .
For more information: - T1 Tram Line ( PDF )
University Jaume I is linked to different areas of the city with four bus lines. They all stop at the train station and buses.
Notes and bonds can be purchased on the bus.
For more information:
If your option is to move to the campus with your particular car , you have large landscaped parking areas and we recommend that you join the campaign " 4x4 , 4 wheels , 4 persons " , the program University car share . I will save and make friends . Share your car to come to campus and contributes to a cleaner environment .
short distance separating UJI campus with bus and train station , allowing you to reach a pleasant 15 minutes about 25 minutes from the city center . The University avenue connecting the city has wide sidewalks and bike independently.
HOTEL LUZ 4*
Pintor Oliet, 3. Castellón de la Plana
Modern and functional hotel in the center of Castellón. Just minutes from downtown, excellent connections from Valencia and Barcelona, is the Hotel Luz Castellon, a 4 star modern and elegant, designed to offer a perfect stay in the city. Located in the new area of Castellon, between the English Court, the railway station and the University Jaume I. The hotel has 144 spacious rooms. Also highlight the gym with sauna for disconnection of the workday, and a gastronomic bet: Aqua Restaurant, winner of The Sun Of Respol Guide, where you can enjoy the cultural tradition of the Mediterranean region and the soul of the kitchen edge.
Tel: +34 964 201 010 - Fax: +34 964 201011 - email@example.com
HOTEL JAIME I CASTELLÓN 3*
Ronda Mijares, 67. Castellón de la Plana
The Hotel Jaime I is a modern and comfortable hotel in Castellon located 5 minutes walk from the town center. The property is well connected by road and is 60 km from the airport of Manises. It has 89 rooms and facilities are covered with free WiFi Internet connection
In the Hotel Jaime I, you will find 89 rooms equipped with everything necessary for you to enjoy the convenience and comfort. The floor is parquet and works with LED illumination. In each you will find free WiFi and you will have flat screen TV. The bathroom is complete with hair dryer and other amenities.
Tel: +34 964 250 300 - Fax: +34 964 203 779 - firstname.lastname@example.org
HOTEL DOÑA LOLA
Calle Lucena, 3. Castellón de la Plana
Hotel Doña Lola was fully renovated in 2008. Located next to the "green lung" of Castellon city, Ribalta’s Park. A few meters from the Hotel you can find the shopping center "El Corte Ingles", less than 300m ago from here, the Central Bus Station and Train Station which welcome tourists from all places, and less 1200m ago from UJI, UNIVERSIDAD JAUME I DE CASTELLON.
Visit all the interesting places of the city is very easy thanks to the excellent placement of our hotel. Museums, the theatre, bars, restaurants or monuments will appear after a relaxed walking through the streets of Castellon.
Visit our restaurant verlooking the city's largest park, where you can enjoy the best of Mediterranean cuisine. The hotel has special menus for events, varied Mediterranean-based menus and a wide range of set menus to make you feel right at home.
The hotel has 5 panelled rooms that are fully equipped with the facilities necessary to hold meetings and banquets, with a capacity of up to 275 people.
Cosy, spacious, comfortable rooms, where the utmost attention has been paid to the small details that customers appreciate more and more on their travels. Totally renovated exterior rooms, equipped with full bathrooms, hair dryer, a select variety of amenities, FREE Wi-Fi in all hotel and laundry service.
The hotel also offers cosy apartaments form long stays.
Tel: +34 964 214 011 - Fax: +34 964 252 235 - email@example.com
Link to photos and papers