Discussion Paper
Pension accounting and corporate earnings: the world according to GAAP
Fortune, Peter (2005)
This study?s underlying premise is that current pension plan accounting has two important negative effects. First, it distorts the measurement of earnings and net worth in the short run, as well as the pattern of earnings over future periods. Second, this distortion can send incorrect signals to investors about a firm?s health, resulting in the mispricing of a firm?s outstanding debt and equity instruments. The author demonstrates how these distortions are introduced, examines the magnitude of the distortions, and discusses proposals for reform.
Public Policy Discussion Paper , Paper 06-2

Journal Article
Financing of large corporations in 1950
Stockwell, Eleanor J. (1951-08)
Federal Reserve Bulletin , Issue Aug , Pages 913-919

Conference Paper
Alternative corporate governance structures : the German 2-tier board
Scott, Kenneth E. (2003)
Proceedings , Paper 841

Conference Paper
The roles of risk management and auditing in the corporate governance of financial institutions
Bies, Susan Schmidt (2003)
Proceedings , Paper 870

Report
Stock market reaction to financial statement certification by bank holding company CEOs
Hirtle, Beverly (2003)
In 2002, the Securities and Exchange Commission mandated that the chief executive officers of large, publicly traded firms certify the accuracy of their company financial statements. In this paper, I investigate whether CEO certification has had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I find that these firms experienced a positive average abnormal return of 30 to 60 basis points on the day of certification-a result driven primarily by those BHCs that certified ahead of the SEC's deadline. Characteristics associated ...
Staff Reports , Paper 170

Speech
Oversight of investment banks' response to the lessons of Enron: testimony before the Permanent Subcommittee on Investigations of the Committee on Governmental Affairs, U.S. Senate, December 11, 2002
Spillenkothen, Richard (2002)
Speech , Paper 17

Journal Article
Financing of large corporations 1951-55
Moss, Robert R. (1956-06)
Federal Reserve Bulletin , Issue Jun , Pages 580-588

Journal Article
Corporate earnings and dividends
anonymous (1942-04)
Federal Reserve Bulletin , Issue Apr

Journal Article
Transparency, financial accounting information, and corporate governance
Bushman, Robert M.; Smith, Abbie (2003-04)
Audited financial statements along with supporting disclosures form the foundation of the firm-specific information set available to investors and regulators. In this article, the authors discuss economics-based research focused on the properties of accounting systems and the surrounding institutional environment important to effective governance of firms. They provide a framework for understanding the operation of accounting information in an economy, discuss a broad range of important research findings, present a conceptual framework for characterizing and measuring corporate transparency ...
Economic Policy Review , Volume 9 , Issue Apr , Pages 65-87

Journal Article
Recent development in corporate finance
anonymous (1975-08)
Federal Reserve Bulletin , Issue Aug