Digital Commons Network^™

Hidden Wealth And Automatic Information Sharing, Andrew Belnap, Jacob Thornock, Braden Williams

Faculty Publications

In recent years, governments across the globe have implemented automatic information-sharing measures as a revolutionary tool to combat offshore tax evasion. Using hand-collected and private Internal Revenue Service data on participation in the Foreign Account Tax Compliance Act, we provide some of the first evidence of the costs and quality of information shared via automatic information sharing. We estimate that the aggregate costs borne by foreign financial institutions (FFIs) were $31–$52 billion. Furthermore, although 97 percent of FFIs have committed to sharing information with US tax authorities, there is significant variation in quality. Quality is lower for accounts held by …

Anomaly Time, Boone Bowles, Adam V. Reed, Matthew C. Ringgenberg, Jacob Thornock

Faculty Publications

We examine the timing of returns around the publication of anomaly trading signals. Using a database that captures when information is first publicly released, we show that anomaly returns are concentrated in the first month after information release dates, and these returns decay soon thereafter. We also show that the academic convention of forming portfolios in June underestimates predictability because it uses stale information, which makes some anomalies appear insignificant. In contrast, we show many anomalies do predict returns if portfolios are formed immediately after information releases. Finally, we develop guidance on forming portfolios without using stale information.

Teacher Motivational Behaviors In A Remote Versus An In-Person Class, Mariia Shishmareva, Jennifer Bown, Teresa Bell, Dr. Wendy Baker Smemoe, Dan Dewey

Faculty Publications

Motivation in language learning has been studied for quite a long time. However, until recent years, the focus has been on motivation in face-to-face (FTF) learning environments. Motivation in online learning can be different due to many factors. This study compared how a language instructor used motivational strategies in a FTF vs. in a synchronous online class; and how students reacted to these motivational strategies. For these purposes the Motivational Orientation of Language Teaching (MOLT) was used for observations. Results showed that while the teacher used many of the same motivational strategies in both sections, strategies in the categories social …

In Memoriam: Fred R. Gowans (1936-2023), Rocky Mountain Fur Trade Historian, Jay H. Buckley

Faculty Publications

Fred R. Gowans is the proverbial American original – or, better yet, Western American original. Fred talked and wrote convincingly about the American West and the fur trade because he spent so much time in it, exploring or retracing old trails. Fred made no pretenses. He dressed for class, public talks, or academic presentations the same way he dressed for working with his horses: Western hat, Western shirt, Levis, cowboy boots, and on the rare occasion a sport coat and bolo tie. He lived with his wife Gloria in a log home that he and his father Floyd had built …

Do Audit Partners Exhibit Hometown Bias?, Yuzhou Chen, Timothy Seidel, Aleksandra "Ally" B. Zimmerman

Faculty Publications

We investigate whether audit partners exhibit greater leniency towards audit clients located in their childhood or pre-professional home state. While prior research has examined the audit quality effects of geographic distance between an auditor and client as well as auditors’ social ties to company management or directors, this study uniquely examines auditors’ psychological affinity to places rather than people. Using hand-collected data on audit partners, company managers, and directors, we find evidence of partners exhibiting hometown bias in the form of greater leniency towards clients’ opportunistic reporting. However, we find no evidence to suggest that these psychological biases affect audit …

Strategic Alignment, Performance, And The Moderating Effect Of Regulatory Fit, Hayden T. Gunnell, Steven D. Smith, Travis W. Steadman

Faculty Publications

We examine how the alignment of performance measurement and strategy affects performance on a multidimensional task. Our experiment varies both the strategy (speed versus accuracy) of the hypothetical firm for which participants work and the individual performance measure that is reported to them, creating two conditions of clear alignment and two of clear misalignment. We find that while workers are responsive to the performance measure regardless of its alignment, they are also sensitive to the strategy such that costly alignment effects are observed. We also predict and find that workers respond asymmetrically to misalignment in accuracy performance but not in …

The Effects Of Strategic Alignment And Strategic Clarity On Multidimensional Task Performance, Steven D. Smith, Tyler F. Thomas

Faculty Publications

The alignment of a firm’s performance measures with its strategic objectives is fundamental to effective management control, at least in part because performance measures and stated strategy represent separate sources of information that workers can rely on to guide their efforts. We experimentally examine the effects of strategic alignment and strategic clarity (i.e., the specificity with which strategic objectives are communicated) on workers’ performance on a multidimensional task. We predict and find that alignment improves performance under a vague strategy statement but impairs performance under a clear strategy statement. These results are consistent with strategic clarity and performance measure alignment …

The Effect Of Economic Nexus On Sales Tax Avoidance And Retail Purchases, Zackery D. Fox, John R. Robinson, Stephen A. Stewart

Faculty Publications

We investigate the impact of adopting economic nexus laws on local consumer consumption patterns. To do so, we focus on a natural experiment involving Washington State, which enacted economic nexus in October of 2018, and its neighboring state Oregon, which has no sales tax. Utilizing data from the Nielsen Consumer Panel survey, we estimate a difference-in-differences regression to test whether the imposition of sales tax on internet purchases in Washington led to an increase in brick and mortar (B&M) retail purchases relative to those in Oregon. We report evidence that consumers in Washington increased purchases at B&M retailers relative to …

Review Of Computational Models For Large-Scale Mdao Of Urban Air Mobility Concepts, Darshan Sarojini, Marius L. Ruh, Jiayao Yan, Luca Scotzniovsky, Nicholas C. Orndorff, Ru Xiang, Han Zhao, Joshua J. Krokowski, Michael Warner, Sebastiaan Pc Van Schie, Ashley Cronk, Alexandre T. R. Guibert, Jeffrey T. Chambers, Lauren Wolfe, Rachel Doring, Robin Despins, Cibin Joseph, Ryan Anderson, Andrew Ning, Hyunjune Gill, Seongkyu Lee, Zeyu Cheng, Zhi Cao, Chunting Mi, Y Shirley Meng, Christopher Silva, Jiun-Shyan Chen, H. Alicia Kim, John T. Hwang

Faculty Publications

The advent of Urban Air Mobility (UAM) has necessitated a paradigm shift in aircraft design from traditional regression methods to physics-based analysis and the use of modern computational methods. This paper explores the intricacies of UAM aircraft design, acknowledging the limitations of historical empirical equations and advocating for the use of physics-based tools in the early stages of the design process. It underscores the importance of Multidisciplinary Design, Analysis, and Optimization (MDAO) as a means to integrate physics-based tools for conceptual design, facilitating decisions on configuration and sizing. The paper presents a comprehensive survey and review of computational models across …

Effects Of Cognitive And Social Demands On Linguistic Production For People With Moderate, Mild, Or No Aphasia, Tyson G. Harmon, Emily Mcdonald, Kyle Steele

Faculty Publications

Background: Most everyday communication occurs in situations where cognitive and social demands are present. These types of situations may compound language deficits for people with aphasia (PWA). An understanding of the language interference that may occur from cognitive and social demands is an important precursor for assessment and intervention that addresses everyday communication situations.

Aims: To determine how cognitively and socially demanding conditions affect micro- and macrolinguistic production for people with moderate, mild, or no aphasia during narrative discourse and to compare effects among groups.

Method: Thirty participants with mild (n = 9), moderate (n = 9), or no (n …

The Impact Of Chief Audit Executive Turnover In Taiwan, Kenneth L. Bills, Hua-Wei Huang, Yi-Hung Lin, David A. Wood

Faculty Publications

This study adds to the emerging body of research showing the importance of internal audit to improve corporate governance and firm performance. Specifically, we test how the market reacts to the announcement of a turnover to the head of internal audit (i.e., the chief audit executive (CAE)). We find negative cumulative abnormal returns in the days surrounding the announcement of a CAE turnover and that the market holds a relatively negative perception of CAE turnover regardless of the reasons for the turnover event. We then study two reasons for why the market would react negatively to the CAE turnover and …

Artificial Intelligence’S Capabilities, Limitations, And Impact On Accounting Education: Investigating Chatgpt’S Performance On Educational Accounting Case, Xu (Joyce) Cheng, Ryan Dunn, Travis Holt, Kerry Inger, J. Gregory Jenkins, Jefferson Jones, James Long, Tina Loraas, Mollie Mathis, Jonathan Stanley, David A. Wood

Faculty Publications

This study evaluates the capabilities of ChatGPT models 3.5 and 4 to provide solutions to eight educational accounting cases. We find that ChatGPT’s ability to provide accurate solutions varies depending on the type of case requirement and topical area of accounting, with better performance on tasks requiring elements that require explanation, application of rules, and ethical evaluation. However, ChatGPT performs poorly on tasks that require financial statement creation, journal entries, or software use. Our study also finds that detection tools provided by ChatGPT's developer are ineffective in identifying text created by Artificial Intelligence Text Generators (AITG). We suggest ways in …

Leveraging Chatgpt For Enhancing The Internal Audit Process – A Real-World Example From A Large Multinational Company, Scott Emett, Marc Eulerich, Egemen Lipinski, Nicolo Prien, David A. Wood

Faculty Publications

We discuss how the internal audit function (IAF) of a large multinational energy company, Uniper, is starting to use ChatGPT to improve automation of internal auditing. We investigate the benefits and challenges of integrating ChatGPT into internal audit processes and assess its impact on the efficiency and effectiveness of the IAF. Uniper has implemented ChatGPT into parts of audit preparation, fieldwork, and audit reporting. On their initial tests, they estimate efficiency gains ranging from 50 to 80 percent for various processes. We report key risks and challenges with using ChatGPT in internal auditing as well as the initial key practices …

Development Of A Framework Of Key Internal Control And Governance Principles For Robotic Process Automation (Rpa), Marc Eulerich, Nathan Waddoups, Martin Wagener, David A. Wood

Faculty Publications

Although robotic process automation (RPA) usage is growing rapidly in accounting, concerns are emerging regarding the internal controls and overall governance structure surrounding RPA. To help address these concerns, we use a design science research approach and work with a Fortune 500 company to develop an RPA governance framework. The framework consists of 4 governance areas and 14 control requirements, which help maximize the benefits and minimize the risks associated with the use of RPA. We validate that the framework is useful and generalizable to many organizations by presenting the framework to and subsequently interviewing and surveying 84 professionals at …

A Demonstration Of How Chatgpt Can Be Used In The Internal Auditing Process, Marc Eulerich, David A. Wood

Faculty Publications

For the past several years, internal audit functions (IAFs) have been significantly increasing their digitization efforts to enhance the efficiency and effectiveness of the IAF. The introduction of ChatGPT has increased the potential for IAFs to have a more significant impact; however, there is little guidance on how ChatGPT can influence the day-to-day work of internal auditors. This paper demonstrates with specific examples how ChatGPT can be used to enhance all aspects of the audit process. While not comprehensive in nature, the detailed, illustrative examples should help internal auditors see actionable steps they can take to be more efficient and …

Improving The Production And Reviewing Of Design Science Research In Accounting, Noah Myers, Mason Snow, Nathan Waddoups, David A. Wood

Faculty Publications

Design Science Research (DSR) is a rigorous research methodology widely used in other fields like computer science and engineering, but its application in accounting is still relatively limited. This paper reviews the implementation of DSR published in accounting journals and provides recommendations to improve the authoring and reviewing processes. We review 51 DSR articles published in accounting journals between 2011 and 2023. The analysis identified areas where papers excelled and fell short, leading to recommendations in the following key aspects: adherence to a research framework, validation of research questions, defining objectives of artifacts, developing a more diverse set of artifacts, …

Reassessing Assurance In An Automated World: Insights From Board Members, Executives, And Internal Auditors, Scott Emett, Marc Eulerich, Jeffrey Pickerd, David A. Wood

Faculty Publications

Technological advances that automate work continue to transform the accounting profession. We examine whether automation impacts resource allocation within the internal audit function (IAF), a unique setting that allows us to compare demand for assurance activities with demand for consulting activities. We conduct an experiment in which experienced board members, executives, and internal auditors make budget recommendations for a company’s IAF that developed automations that improved the efficiency of the IAF. Results show that across all groups, participants respond to these efficiencies by decreasing the IAF’s total budget but retaining the productive capacity of the IAF. The budget cuts are …

Disclosure Benchmarking By Lawyers: Evidence Fromthe Ipo Setting, Michael S. Drake, Jeff Mcmullin, Kenneth Merkley, Chase Potter, John Treu

Faculty Publications

Lawyers play an important advisory role in drafting financial reports, yet empirical evidence documenting the influence of external legal counsel on this process remains sparse. This study focuses on a specific aspect of lawyers’ drafting process: the practice of reviewing disclosures previously filed by other issuers—a practice termed “disclosure benchmarking.” Using initial public offering (IPO) disclosures as the setting, we find that disclosure benchmarking is associated with amore efficient Securities and Exchange Commission (SEC) review process. We further find that it is associated with several measures of disclosure quality, including disclosures that are less likely to be revised in subsequent …

Finding Peace After Betrayal By Healing Shattered Trust Schemas, Ashly Leavitt

Issues in Religion and Psychotherapy

No abstract provided.

Russian Authoritarian Discourse Of The 20th And 21st Centuries As A Subject Of Study In The University Classroom, Yulia Denisova

Russian Language Journal

The ability of students to recognize and interpret various forms of propagandist speech within the context of authoritarian discourse is crucial for effective information literacy education. This article emphasizes the need to introduce a specialized section within university courses on Russian cultural history for foreign students learning Russian. We propose naming this section “Russian Authoritarian Discourse: Features of Propaganda Language.” Focusing on the relationship between language and social structures and exploring the typology of linguistic situations shaped by social factors, the proposed section is grounded in a sociolinguistic approach. The article presents practical tools for analyzing real-life and immediately relevant …

Tracking Current Events In The Russian-Language Classroom, Cori Anderson, Daniel Brooks

Russian Language Journal

Given weaponized disinformation about recent US elections and the ongoing Russian invasion of Ukraine, media literacy has become an essential part of a 21st-century liberal arts education, in line with the AAC&U’s Essential Learning Outcomes. By including news media in the language classroom, instructors can introduce students to the products and practices of the target culture and enhance their comprehension of Russian-language texts. We describe a current events blog project, appropriate at any level of instruction, with specific examples from second- and sixth-semester university-level Russian-language courses. Students follow current events in the Russian-speaking world on a topic of their choosing, …

Constructing A Course On Russian Media Analysis For Learners At Ilr 3+/4 Proficiency, Olga Mukhortova

Russian Language Journal

The proficiency movement of the 1980s and ‘90s in foreign language teaching and learning demonstrated that U. S. students can attain Intermediate-level proficiency by the end of a four-year post-secondary course of study. Language programs can now pay more attention to enabling students to reach the Advanced1 and Superior levels (ACTFL, 2012; Interagency Language Roundtable (ILR); Martin, 2020, p. 43). One can observe the particular demand for ILR 3/4 speakers from the U. S. government in the diversity of state-sponsored initiatives in foreign languages aiming for Superior-level (ILR 3/3+) and higher proficiency. Understandably, the need for speakers of Russian at …

Digital Dissidence: Russian Foreign Agents And The Media Of Opposition, Matthew Mangold

Russian Language Journal

Over the last ten years the Russian state has veered steadily toward authoritarianism, passing new socially repressive laws and harnessing television and radio to state propaganda and disinformation about Ukraine and the west. At the same time, platforms like Vimeo and Youtube have made uploading, sharing, and viewing digital content in high-quality formats more accessible to author-producers and viewers globally. These social changes have been followed by a movement of independent, fact-grounded digital storytelling built on documentary forms and deft investigative reporting that reveals the Russian state’s negligence, corruption, and efforts at social control. This article addresses the digital environment …

Full Issue

The Thetean: A Student Journal for Scholarly Historical Writing

No abstract provided.

Anglo-Saxons And The Irish Sea, Ryan Patrick Crisp

The Thetean: A Student Journal for Scholarly Historical Writing

Recently, Peter Brown described the Irish Sea in the early Middle Ages as "a Celtic 'Mediterranean of the north."' That assessment may be more than this small sea can measure up to, but sufficient evidence concludes that there was substantial naval activity in this area during the early Middle Ages. Interestingly, the Anglo-Saxons, though they had access to the Irish Sea, never ventured forth upon these waters in great numbers. This fact makes their few voyages upon this Celtic lake worth examining.

The Voice Of Inexperience, Erika Rummel

The Thetean: A Student Journal for Scholarly Historical Writing

Erasmus had a great deal to say about marriage. He wrote a eulogy on marriage, a handbook of marriage, and half a dozen dialogues dealing with courtship and marriage. Altogether we have a thousand printed pages of good advice, a remarkable fact when you consider chat the man who dispensed all this good advice about marriage remained unmarried himself.

Full Issue

The Thetean: A Student Journal for Scholarly Historical Writing

No abstract provided.

Edvard Benes And His Policy To Expel Czechoslovakian Germans, Travis Mueller

The Thetean: A Student Journal for Scholarly Historical Writing

At the end of World War II, Poland, Romania, Hungary, and the Czechoslovak Republic expelled fifteen million Germans from their homelands in Eastern and Central Europe. During the eviction to the occupied zones of Germany, two million Germans perished.1 Often brutally mistreated, these Germans suffered the wrath of a great European backlash against the Nazis. Nowhere was the expulsion more brutal than in the Czechoslovak Republic. The two nations' shared border and intertwined history made the expulsion of over three million Germans mainly from the Sudetenland-particularly severe.

Postmodern Philosophy And Its Influence On Modern Museum Theory And Development, Mauri Liljenquist

The Thetean: A Student Journal for Scholarly Historical Writing

History legitimizes its role in society through the benefits it provides for the public. The idea of history in the ivory tower, while it appeals to some historians and scholars, can never be sufficient to justify the field. Instead it is what emerges from the ivory tower and how that product influences and affects the outside world that determines the value of historical endeavors. The dissemination of history to the public is one of the most significant aspects of the profession. Accuracy and integrity in research and writing are the primary responsibilities of the historian. Following these, the next most …

Perpetuated Inferiority, Kristine Ashton

The Thetean: A Student Journal for Scholarly Historical Writing

Nineteenth-century schools taught more than reading, writing, and arithmetic. They were expected to convey patriotism and civic responsibility and to mold moral character. While publishers designed textbooks to teach children to spell and to read, they also inculcated the books with social values through word choice and lesson plans. The printers, journalists, teachers, and ministers who wrote the schoolbooks selectively filled their pages with political, economic, social, and moral concepts that shaped children's views of their nation's past and their position within the present society.