Publications Database

Welcome to the new Schulich Peer-Reviewed Publication Database!

The database is currently in beta-testing and will be updated with more features as time goes on. In the meantime, stakeholders are free to explore our faculty’s numerous works. The left-hand panel affords the ability to search by the following:

  • Faculty Member’s Name;
  • Area of Expertise;
  • Whether the Publication is Open-Access (free for public download);
  • Journal Name; and
  • Date Range.

At present, the database covers publications from 2012 to 2020, but will extend further back in the future. In addition to listing publications, the database includes two types of impact metrics: Altmetrics and Plum. The database will be updated annually with most recent publications from our faculty.

If you have any questions or input, please don’t hesitate to get in touch.


Search Results

Mawani, A. (2023). "MNEs’ Incentives Under a Global Minimum Tax based on Accounting Standards", Canadian Tax Journal , 71(2), 489-516.

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Abstract The Organisation for Economic Co-operation and Development has proposed a pillar two global minimum tax (GMT ) for which the tax base is the jurisdiction-specific effective tax rate (ETR), an accounting metric calculated under the rules of accrual accounting. History has shown that when tax is imposed on accounting numbers, taxpayers often use the discretion available in accounting to manage their tax liability. This paper argues that the discretion that multinational enterprises (MNEs) can exercise within accounting rules to change their ETRs will be limited because increasing ETR (to reduce GMT ) also reduces accounting income, which in turn could impose higher financial reporting costs on firms. Financial reporting costs are the costs to firms of reporting lower accounting income, and could include higher borrowing costs or more restrictive covenants imposed by lenders. Firms generally prefer to report sustainable net incomes with a steady growth rate to impress their capital market stakeholders. Lower sustainable accounting income can also adversely impact a firm’s stock price through the price-earnings ratio. While planning opportunities available to MNEs to avoid the GMT are not limited to shifting accounting profits across jurisdictions, the alternative of shifting factors of production is likely to be more complex and more expensive to implement, and is likely to remove some of the first-order income tax savings from locating intangible factors of production in low-tax jurisdictions. Avoiding GMT at the affiliate level by inflating ETRs could therefore conflict with firms’ overarching objectives of maximizing reported earnings and stock prices. These objectives are also currently aligned with established executive compensation structures that motivate management to increase firms’ stock prices

Peng, S., Bewley, K. and Graham, C. (2021). "On Theoretical Engorgement and the Myth of Fair Value Accounting in China: A Reply", Accounting, Auditing and Accountability Journal, 34(1), 54-57.

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Abstract Purpose: This article is a reply to “On theoretical engorgement and the myth of fair value accounting in China” Nobes (2019) from the authors of “Adaptability to fair value accounting in an emerging economy: A case study of China's IRFS convergence” (Peng and Bewley, 2010) and “The Winding Road to Fair Value Accounting in China: A Social Movement Analysis” (Bewley et al., 2018). Design/methodology/approach: This article engages directly with the arguments of the criticism. Findings: This article argues that the author of the commentary misunderstands the purpose, content and findings of both papers. By providing only a narrowly focused technical analysis of the new Chinese accounting standards, the author fails to see that their qualitative research approach reveals important, complex social and political factors at play in China's attempts to adopt modern international accounting principles. The commentary expresses a view that accounting is a neutral technology that needs only to be clearly defined and enumerated to be correctly implemented, whereas this research takes a much broader and deeper perspective. The authors seek to understand how China was able to successfully adopt fair value accounting standards in 2006, whereas an earlier attempt to introduce fair value in 1998 had led to abuse of fair value measurements and the eventual repeal of fair value regulations in 2001. Practical implications: This article helps clarify the purpose of qualitative accounting research, the role of theory in such research and the usefulness of theory in describing and explaining empirical case facts related to changes in accounting standards, particularly in an international context. Originality/value: This article contributes to a better appreciation of qualitative accounting research.

Bewley, K., Graham, C. and Peng, S. (2018). "The Winding Road to Fair Value Accounting in China: A Social Movement Perspective", Accounting, Auditing and Accountability Journal, 31(4), 1257-1285.

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Abstract Purpose: The purpose of this paper is to examine China’s stop-start adoption of fair value accounting (FVA) into its national accounting standards. The paper analyzes how FVA standards promoted by transnational organizations were eventually adopted in China despite its conservative accounting traditions. Design/methodology/approach: The study uses archival records and an analytic framework adapted from the studies of social movements to identify the institutional factors that differ between China’ first unsuccessful attempt to adopt FVA and its second successful attempt. Findings: Shared interests of elite national and international groups, creation of social infrastructure, marshaling of key resources, and specific actions to frame FVA standards are found to be crucial factors supporting FVA reform in China. Practical implications The study helps advance our understanding of dissemination of international accounting regulations in non-Western societies. The findings can help accounting standard setters to avoid costly failures. Originality/value: The study provides a structured analysis of the propagation of global accounting regulations. It exposes the factors in the failure and success of FVA adoption in China.