TY  - JOUR
T1  - Proprietary Costs and the Reporting of Segment-level Tax Expense
JF  - Journal of the American Taxation Association
Y1  - 2021
A1  - Deng,Junfang
A1  - Steele,Logan
A1  - Lynch,Dan
A1  - Gaertner,Fabio B
KW  - Accounting
AB  - We examine whether proprietary costs of disclosure affect the reporting of segment-level tax expense. Current accounting rules for segment-level reporting afford managers significant discretion in what line items to report. We predict and find firms with higher proprietary costs of disclosure (i.e., higher tax avoidance) are less likely to disclose segment-level tax information. These results are stronger for firms that define business segments on a geographic basis, where disclosure could reveal tax expense information about specific tax jurisdictions, consistent with the proprietary cost hypothesis. Overall, our results suggest some managers potentially use discretion in current guidance to avoid segment-level disclosure of taxes when these disclosures have the potential to be detrimental to the firm.
VL  - 43
UR  - https://doi.org/10.2308/JATA-19-002
CP  - 1
U2  - a
U4  - 202589071360
ID  - 202589071360
ER  - 

TY  - JOUR
T1  - Express yourself: Why managers' disclosure tone varies across time and what investors learn from it
JF  - Contemporary Accounting Research
Y1  - 2020
A1  - Steele,Logan
A1  - Campbell,John
A1  - Lee,Grace
KW  - Accounting
VL  - 37
CP  - 2
U2  - a
U4  - 184531714048
ID  - 184531714048
ER  - 

TY  - JOUR
T1  - Debt Structure and Conditional Conservatism
JF  - Journal of Financial Reporting
Y1  - 2019
A1  - Steele,Logan
A1  - Lee,Grace
KW  - Accounting
U2  - a
U4  - 184531916800
ID  - 184531916800
ER  - 

TY  - JOUR
T1  - Negative accounting earnings and gross domestic product
JF  - Review of Accounting Studies
Y1  - 2019
A1  - Steele,Logan
A1  - Gaertner,Fabio
A1  - Kauser,Asad
KW  - Accounting
U2  - a
U4  - 184531527680
ID  - 184531527680
ER  - 

TY  - JOUR
T1  - The Effect of Aggregation of Accounting Information via Segment Reporting on Accounting Conservatism"
JF  - European Accounting Review
Y1  - 2018
A1  - Steele,Logan
A1  - Bens,Daniel
A1  - Monahan,Steven
KW  - Accounting
AB  - In a sample of US multiple-segment firms, we document a negative association between aggregation via segment reporting and timely loss recognition. A higher level of aggregation, as reflected in a firm’s reported organizational structure (the definition and characteristics of its segments), causes a multiple-segment firm to exhibit less cross-segment variation in profitability than a matched control portfolio of single-segment firms. We find that firms that engage in more aggregation report accounting numbers that provide less timely information about economic losses. We also observe that firms that provide more disaggregated segment data subsequent to adopting SFAS 131 experienced an increase in timely loss recognition. This result implies that higher quality segment reporting leads to an increase in timely loss recognition, which, per extant research, is associated with better governance.
VL  - 27
CP  - 2
U2  - a
U4  - 167853422592
ID  - 167853422592
ER  - 

TY  - JOUR
T1  - Taxable Income and Firm Risk
JF  - Journal of the American Taxation Association
Y1  - 2017
A1  - Steele,Logan
A1  - Dhaliwal,Dan
A1  - Lee,Hye-Seung
A1  - Pincus,Morton
KW  - Accounting
VL  - 39
CP  - 1
U2  - a
U4  - 167853553664
ID  - 167853553664
ER  - 

TY  - JOUR
T1  - The information content of mandatory risk factor disclosures in corporate filings
JF  - Review of Accounting Studies
Y1  - 2014
A1  - Steele,Logan
A1  - Campbell,John
A1  - Chen,Hsinchun
A1  - Dhaliwal,Dan
A1  - Lu,Hsin-min
KW  - Accounting
VL  - 19
CP  - 1
U2  - a
U4  - 167853649920
ID  - 167853649920
ER  -