S. Mark Young's research while affiliated with University of Southern California and other places

Publications (39)

Article
This study investigates how adopting new performance measures affects the decision process through which supervisors make subjective adjustments. In our setting, the Chinese government substituted economic value added (EVA) for return on equity (ROE) in the performance score formula it uses to evaluate State-Owned Enterprises (SOEs). In accordance...
Chapter
Purpose - We examine the role of financial and nonfinancial performance measures in managing revenues derived from life cycles of a type of intellectual property products - motion pictures. Design/approach - Our study focuses on the first two markets in which audiences can watch a motion picture - the upstream theatrical market and the downstream h...
Article
This study finds that Chinese firms that issue high-quality corporate social responsibility (CSR) reports are perceived as having greater legitimacy (operationalized by government endorsement and media endorsement) by the Chinese government and media. Chinese firms that issue higher-quality CSR reports subsequently receive higher levels of governme...
Article
While the construct of narcissism has existed for well over 100 years, it has become the most discussed personality disorder of recent times and has the potential to influence organizational culture and control systems. Although systematic research on narcissism has been conducted at the individual level, research on its effects within organization...
Article
U.S. organizations are now populated by three distinct generations of employees: the Baby Boomers (those born before 1967), Generation X’ers (those born between 1968 and 1980), and the Millennial Generation (those born between 1981 and 1995). Each of these generations evince different attitudes and behaviors regarding work. A strong implication of...
Article
In this study, we find evidence that firms in China with stronger political connections get easier access to the bond market, offer larger size issues, and obtain higher credit ratings; however, strong political connections do not lead to lower bond costs. Our results suggest that as government control weakens and market forces strengthen, the role...
Article
This study investigates the way in which the level of perceived firm legitimacy mediates the relationship between corporate social responsibility (CSR) disclosure quality, and firm financial performance in an emerging economy. Results suggest that as CSR disclosure quality increases so does financial performance. We examine two dimensions of firm l...
Article
This study investigates the relationship between narcissistic personality characteristics in CEOs of Fortune 500 companies and financial performance measures of earnings-per-share (EPS) and stock valuation. Using panel data from 1992 through 2009, we show that firms with narcissistic CEOs have higher earnings-per-share and share price than those wi...
Article
The article presents the summarized findings of a study of risk as it applies to one of the riskiest industries, the U.S. motion picture industry. The focus is on using a real options approach to capital investments rather than traditional DCF (discounted cash flow). The research offers statistical analyses of how real options work within the decis...
Article
This study addresses the two-way process in which a subordinate and a superior engage in influence activities (bottom-up) and favoritism (top-down) in subjective Performance Evaluation. The research context is the Chinese government's evaluation of Chinese state-owned enterprises (SOEs) by the State-Owned Assets Supervision and Administration Commi...
Article
We study life cycle revenues of a particular category of intellectual property (IP), motion pictures, which sell in different formats in two sequential markets: the theatrical market and the home video market. We combine data collected from numerous public and proprietary sources and form a final sample of 654 motion pictures. Then we perform ordin...
Article
We examine the structure of communications in accounting research by analyzing patterns of citations among authors who have published in five major journals between 1984 and 2008. Understanding communication structures is important because they shape academic knowledge creation, which prominent scholars have claimed has become narrowly focused and...
Article
Full-text available
We examine the application of real options within two contexts of motion picture investment decisions by studio executives. The first is whether to continue marketing a film following its initial release in theaters (an abandonment option). The second centers on the decision to produce a sequel to an original film (a growth option). Few accounting...
Article
Full-text available
Major film studios are constantly seeking new methods of generating revenue from their movies. These days, four-fifths of a film’s revenue comes from other downstream sources, including home video, pay TV, and syndication. With new technological breakthroughs, including distribution over the Internet, the studios continue to explore how they can ge...
Article
The management of intellectual property has become a core competence of successful enterprises. This is particularly true for firms in the entertainment and creative industries, where battles are waged for the rights to new ideas. Our focus and purpose in this chapter is to show that the US motion picture industry has the potential to provide a fru...
Article
Regardless of whether a movie is made by a major studio or small independent producer, it can’t become a box-office success unless it gets into theaters and people go see it. This second article on accounting in the motion picture industry examines the processes involved with the successful distribution and marketing of a film. Analysis of producti...
Article
Even during times of economic prosperity, organizations strive to improve financial and operational performance to enhance their viability and competitiveness in the marketplace. Given the plethora of methods available today to improve performance, the challenge is to identify the most comprehensive and comprehensible approach that holds the most p...
Article
This chapter seeks to expand the domain of management accounting and organizational control research into creative industries, and develop a framework for studying perhaps the best known of these industries - motion pictures. It discusses both traditional and emerging issues in-context that managerial accountants ordinarily address in most organiza...
Article
The 20-year period from 1981 to 2000 was a period of change for the field of management accounting. During this period new topics were investigated, new journals came into existence, and different research methods were emphasized. This chapter has two parts. The first part charts the field. To do this we split the 20-year period into two decades an...
Article
This chapter addresses the quality of survey research in management accounting. Specifically, we use a framework containing the five key elements of a well-designed survey to assess the quality of all mail surveys in management accounting published in eight accounting journals over a 20-year period (1982–2001). Our analysis shows that survey resear...
Article
In this article we summarize the findings of articles that have ranked academic accounting journals, as well as articles that provide other bases for considering journal quality. Results indicate that five journals—Accounting, Organizations and Society, Contemporary Accounting Research, Journal of Accounting and Economics, Journal of Accounting Res...
Article
We used the Narcissistic Personality Inventory (NPI) to assess the degree of narcissism among celebrities. Results indicate that celebrities are significantly more narcissistic than MBA students and the general population. Contrary to findings in the population at large, in which men are more narcissistic than women, female celebrities were found t...
Article
Full-text available
This study addresses the quality of survey research in management accounting. Specifically, we use a framework containing the five key elements of a well-designed survey to assess the quality of all mail surveys in management accounting published in eight accounting journals over a 20-year period (1982–2001). Our analysis shows that over time surve...
Article
This article introduces a new way to think about managing information. This approach, known as “activity value management,” focuses on improvement methods and uses a coordinated approach to integrating information. This is necessary because improvement initiatives are often suboptimized simply because of a lack of coordination. When—as frequently h...
Article
This paper examines how the group dynamics of activity based costing (ABC) development teams and the level of organizational resources devoted to model development affect model complexity and development time. A theoretical framework is developed based on the organizational literature on teams. The framework is tested using objective data from 18 A...
Article
As soon as we launch one cost management strategy, newer and better ones hit the best-seller list. That's because management wants a magic bullet—a strategy that requires no effort but provides all the right answers. But is there a more realistic alternative that balances the needs of all the stakeholders? © 2001 John Wiley & Sons, Inc.
Chapter
This chapter provides a narrative history of the emergence of ABC as a corporate initiative in the firms in our study. A major theme that runs through both accounts is the bureaucratic processes associated with bringing ABC to corporate consciousness and evaluating its potential as a corporate initiative. We use the term “bureaucratic” not in a pej...
Chapter
In the business literature, emphasis on business activities and processes can be traced to Michael Porter’s (1980) “value chain” framework for analyzing sources of firms’ competitive advantage. During the same time period, Porter’s colleagues at Harvard Business School, Robin Cooper and Robert Kaplan, discovered firms that had modified traditional...
Chapter
Katzenberg and Smith (1993) define a team as “a small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable.” Teams are considered effective organizing units because of the flexibility they offer. Unlike large organizations, teams can be...
Article
Implementing Management Innovations: Lessons Learned from Activity Based Costing in the U.S. Automobile Industry is the result of a long-term study of the implementation of activity based costing (ABC) inside two of America's largest automobile companies. The research advances our theoretical and practical understanding of the implementation of man...
Chapter
This study has been designed to address a number of issues regarding the implementation of activity based costing in two large, complex companies. As discussed in Chapter 4, General Motors and Chrysler’s adoption and deployment of ABC, was the result of a felt need for change; however, both organizations experienced many twists and turns as they wr...
Chapter
In the previous chapter we discussed the process by which ABC teams were formed and described team characteristics. In this chapter, we probe more deeply into a key element of the team process and consider team functioning and team composition against a backdrop of extensive research on the effective use of teams in organizations.1
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Chapter 6 investigated determinants of ABC implementation success using an overall measure of ABC system effectiveness. Previous studies employ similar composite evaluation scales; however, a limitation of this approach is that it does not permit exploration of multi-dimensional aspects of system effectiveness. One objective of this research is to...
Chapter
The genesis of ABC at General Motors Corporation and at what is now the Chrysler Group of Daimler-Chrysler AG can be traced to the mid and late 1980’s, respectively. As researchers, we were privileged to observe and interact with these firms throughout the 1990’s, when ABC was rolled out to all manufacturing locations and some administrative functi...
Chapter
In Chapters 4 and 5 we focused on the ABC design team and how team dynamics affect project outcomes and are affected by external circumstances. In this chapter we decrease the magnification of our microscope to get a broader view of ABC implementation while retaining our focus on specific ABC implementation projects. Specifically, we address the qu...
Article
Management accounting information plays an important role in motivating individuals to improve performance (cf., Atkinson, Banker, Kaplan, and Young 1997). This role tends to be operationalized by linking compensation to performance, typically through the provision of financial incentives. Theoretically, financial incentives motivate people to exer...
Article
Recent studies argue that the spread-adjusted Taylor rule (STR), which includes a response to the credit spread, replicates monetary policy in the United State. We show (1) STR is a theoretically optimal monetary policy under heterogeneous loan interest rate contracts in both discretionay and commitment monetary policies, (2) however, the optimal r...
Article
Field research has a very long history of application in many disciplines including anthropology, sociology and business. Field research differs significantly from other research methods in that trained researchers document the interactions of people as they live and work in naturally occurring settings. These characteristics make field research on...

Citations

... Moreover, management accounting techniques and tools, a part of the enterprise system, are also seriously affected by these changes. In accounting theory, occasionalism theorists acknowledge competitive environment as a decisive factor in the structure and intensity of management accounting application in enterprises (Anderson & Young, 2001). Finally, when the competition becomes more and more severe, enterprises should operate extremely effectively to achieve satisfaction about their viability (Laitinen, 2001). ...
... Perhaps in many instances, some objects may transition from being profitable to unprofitable when the only changes that occurred were to other objects. Such practices raise concerns and lower confidence regarding the accuracy and precision of costs produced using conventional ABC (see Higgins & Young, 2001). ...
... Our data are collected from the China Stock Market and Accounting Research (CSMAR) database and the Chinese Research Data Services (CNRDS) database, which are both widely used in prior China-related studies (e.g., Du et al., 2018;Wu & Ye, 2020). ...
... Performance measures are an integral part of a management control system, and they are broadly categorised into financial and non-financial measures (Gong & Young, 2016;Lau & Moser, 2008). Financial measures include profit, capital market returns, unit cost, and return on investment (Banker et al., 2000;Eccles, 1991), and are considered to be narrow in focus, and aggregate in nature (Kaplan & Norton, 2001a, 2001b. ...
... By definition, CSR improves firms' relationships with key stakeholders, including customers, suppliers, employees and regulators (Attig et al., 2013). Due to reputation is regarded as a critical signal for external stakeholders to assess the firm (Connelly et al., 2011;Mukherjee et al., 2018;Mukherjee et al., 2021), superior CSR performance can help to achieve superior stakeholder engagement (Parast & Adams, 2012), which reduces the firm's scope for socially irresponsible behaviour and gives it social legitimacy (Dai et al., 2018;Wei et al., 2017). ...
... The majority of shows or movies are created as in-house productions by production studios or independent filmmakers (Young, Gong et al. 2012). An out-house production is usually created by a broadcaster who distributes programs (Young, Gong et al. 2010). ...
... Literature has documented that those behavioral and personality characteristics affect firm outcomes documented in management, psychological, accounting and economic literature (Brunzel, 2020), one stream of literature has been focusing on a specific personality attribute, namely narcissism (Ham et al., 2014(Ham et al., , 2017Lin et al., 2019;Pl€ ockinger et al., 2016;Young et al., 2016). The intent of this direction in literature is to draw the attention towards individual's psychological standpoint in their decision-making process. ...
... We use the CSR score reported in Rankins to measure CSR, which has been widely used in CSR-related research (Dai et al., 2016;Lau et al., 2016;Luo et al., 2017;Marquis & Qian, 2013;McGuinness et al., 2017). Specifically, Rankins adopts a standardized rating system and motivates listed companies to disclose quantified performance information in their CSR reports. ...
... The evidence shows that in the Malaysian setting, the government frequently turns to non-financial channels which are politically connected to add value to companies and obtain information to raise capital and financing, and make listing decisions. This is supported by Du (2011), who documents the importance of political connections for firms to gain access to public debt markets. This view is shared by an external auditor (EA4) The evidence extends prior studies by Chidambaran et al. (2011) and Dey and Liu (2010), which addressed the extent to which professional connections influence board decision making. ...
... For instance, the majority of papers show these characteristics affect earnings management and earnings quality . The next in order is how individual characteristics lead to financial irregularities like misstatements, fraud and restatements (Feng et al., 2011;Olsen et al., 2014). A similar line of research deals with their influence on the extent and the frequency of disclosure (Hribar and Yang, 2016). ...