近年来，在新金融工具会计准则与资管新规双重政策驱动下，资管行业净值化转型持续深化。新金融工具会计准则在金融资产分类、计量和减值确认等方面的变化给市场机构实施落地带来挑战。中债金融估值中心立足定价基准职能，推出由中债SPPI（合同现金流量测试）、中债估值和中债ECL（预期信用损失）共同组成的中债新金融工具会计准则解决方案，有效解决了市场机构在实施新会计准则中面临的现实困难。本次讲座结合新准则落地实践，系统讲解SPPI、估值和ECL原理与应用案例，深入解读准则要求、剖析实务难点，助力提升金融资产分类客观性与会计处理一致性，实现新准则平稳切换。

Publication in internationally recognised journals has never been easy, but with average acceptance rates reportedly standing at typically between 5-10%, it has become increasingly difficult. Competition for publication space is high, and submissions often face desk rejection and most fail to passt

We examine whether and to what extent businesses incorporate information on consumers’ ESG preferences into their day-to-day operations, focusing on single-use cutlery (SUC) in the food delivery industry. Using a field experiment in which 250 students placed more than 4,500 no-cutlery orders on

We examine whether and to what extent businesses incorporate information on consumers’ ESG preferences into their day-to-day operations, focusing on single-use cutlery (SUC) in the food delivery industry. Using a field experiment in which 250 students placed more than 4,500 no-cutlery orders on

This paper examines the determinants and disclosure consequences of SEC’s climate-related comment letters (CCLs) for recipient firms and their industry peers. We find that the likelihood of receiving a CCL decreases with more climate-related disclosures in 10-Ks but increases with more such

We investigate the motivations, effectiveness, and shareholder-value implications of public firms’ attempts to influence the SEC’s governance-related rulemaking. Our analysis leverages large language model-assisted text analysis and citation tracking to examine comment letters submitted during the

We examine why audit firms succeed in consulting markets and what this implies for audit quality. We argue that the audit practice serves as a reputation platform for consulting: audit reputation is verifiable through regulatory oversight and litigation exposure, while consulting reputation is not,

We examine how Environmental, Social, and Governance (ESG) mutual fund investors react to the distribution of the fund’s ESG performance depending on their motives to invest in ESG funds. Holding constant the overall average ESG performance, we draw on psychology theory on more attention paid to neg

Firms increasingly rely on employees’ social media information for screening and monitoring, suggesting that these practices may play an important role in managing human-capital-related firm risks. Exploiting the staggered enactment of state-level social media privacy laws (SMPLs) in a difference-in

In this seminar, Professor Stewart Jones will speak on two topics.First, he will share his reflections on the IASB Research Forum and recent developments in accounting research and standard setting.Second, he will discuss machine learning in accounting, drawing on his extensive research in this

Using hand-collected data from proxy statements for a comprehensive sample of U.S. firms, we examine how requiring firms to disclose whether they allow executives to hedge the downside risk of their company shareholdings affects CEO compensation policy. Employing a difference-in-differences design

The Standard Industrial Classification (SIC) code that a firm uses in its SEC EDGAR filings often differs from the code assigned by Compustat. Using 96,240 firm-year observations of U.S. public firms from 1996 through 2024, we find that the two sources disagree for 34.3% of firm-years, with disagree