One of the enduring mysteries to me is the relative dearth of social and behavioural tax research with an accounting and auditing focus. Is it really the fault of B2 (Bryan and Brian) who in the late 1990’s and early 2000’s were the “stars” of the North American behavioural tax world and have been relatively quiet since?
Yes, I know there are a large number in of what I call ” normal science” behavioural tax researchers that are working hard to turn the dial! But what Social and Behavioural Tax lacks are the intellectual thought leaders at major research schools that help set an agenda for the research area. These also produce the next generation of such researchers and hence this situation if a double threat as the current crop of researchers does not replicate.
Yet I cannot think of an area related to accounting that behavioural and social research would not be so a appropriate for! From decisions about corporate tax evasion, the slippery slope from planning to fraud, to bettering compliance, roles of tax professionals, and more all are potentially in the mix.
Instead from we have is research from behavioural economists, behavioural finance types, sociologists, and generic JDM researchers attempting to investigate an area where they have no domain specific knowledge but can gather the low hanging fruit due to lack of competition. If you do not believe me, use google scholar and search on terms like ” behavioural tax” ” tax experiments” and the like.
So while I applaud the hard work of our corps of hard working behavioural tax researchers we really need young researchers at top schools to consider working in this field. And that’s the way I see it!
Many of the PHD students I have mentored over the years seem to be up for promotion and tenure this year. The level of uncertainty surrounding this process seems to be high and the timelines very long. Surely we can come up with a fair system that can run a lot faster. These days at U’s fairness seems to be confused with how many meetings and how long of times processes take.
One of the issues I see is that the bar is so close to being met in many cases but it not clearly crossed. I think this reflects the higher quality of doctoral education that is occurring around the world. Hence, we are seeing more knife-edge cases than ever before.
So far the only safety valve in accounting is that there is still a good secondary market for seasoned assistant professors. Furthermore with the creeping creditentialism more and more institutions require a PHD. And that’s the way it appears to be!
Gotta love it! as I predicted last February, the standard two year invite to the American Accounting Association’s New Faculty Consortium would not be extended to me (again I might add)!! One year and your gone, despite outstanding participant reviews both times I have been invited (2011 and 2018). As some of you know the same thing happened when I was CAR editor back in 2010-11 – indeed they cancelled the journal editor’s panel the next year so as to not have to invite me back. See careditorsteve blogs in early 2012 that documents the fun back then!
Why? I tell it like it is, or at least, as I see it. I say nothing that I have not written in these columns, but these columns are seen as a threat by many in the establishment of the AAA and its related Big X funders. I never have figured out exactly what I say that is so threatening? Is it
1. Advocating a big tent for accounting research using all that social sciences have to offer not just the narrow perspectives of financial economics?
2. Recognizing that all PHD grads, hence new faculty, do not have equal chances of success and thus need to think about how they can be successful without buying the elite ” kool-aid” definition of the American 3?
3. Reminding new faculty that our role as educators requires us to develop independent evidence and examine current institutional structures with professional skepticism! Be it the Big X, the PCAOB, the SEC, the IAASB etc. . . . . Society is not served well by a bought and paid for academy.
4. Rolling back the lid on the black box about how the journal editing process works.
My guess is that number 3 is the big one. Indeed last year I warned the NFC Chair that he might want to reconsider my invite! In the end he said to his everlasting credit, that he was ” old enough” that it did not matter if inviting me caused him some problems. Brave lad, but not often found in the US academy where observation 3 might well be more true than we want to admit.
The following video is based on a simulation study our research team carried out to test the conjectures we made about knowledge transfer from audit research to standard setters (Hoang, Salterio and Sylph Accounting Perspectives, 2018 with an early draft on SSRN), and our analysis of prior attempts at knowledge transfer from academics to standard setters(Salterio, Hoang and Luo, 2018 available at SSRN and featured at the Illinois Audit Symposium on September 28-30, 2018). The video summarizes part of what we learned during our travels through evidence based policy making and the simulation will be one focus of our next working paper that provides proof of concept that evidence based policy making can inform audit standard setting.
In the mean time enjoy our brave new world of video research presentation – knowledge transfer for a new century!
Video link: https://www.youtube.com/watch?v=PLePove761E&t=7s
I have been mulling for years over quantum mechanics and it’s direct offshoot quantum physics. The quantum world is pretty mind bending and what’s more it has some interesting implications for social science research if one is willing to make an analogy.
Positivist research can be best explained and understood through classical models like those of Newton in physics. Highly deterministic general laws that are time invariant where once you discover the correct coefficients for the model parameters, know the initial state, one can derive very precise predictions. Furthermore for large non-atomic participles it works well, exceedingly well. The past predicts the future (with measurement error) and the present can be seen to be based on past history (again allowing for measurement error).
However, interpretive research can be seen to analogous to the quantum world. In the quantum world all predictions are probabilistic, any past history could have (or not) occurred ( or indeed all could have occurred in different multiverses), observation of current state of affairs changes the probabilistic outcomes so one can never know the current state and the outcome together as the measuring (or not) of that state affects outcomes. Of course, these phenomena are best seen at the subatomic particle level in the world of quarks, meons et al. And like classical physics it works well, exceedingly well, for is phenomena of interest.
The problem that faces physics, as it faces social science researchers, is that to date it appears both are the best theories for approaching their phenomena of interest. And while lots of work goes on to try reconcile, integrate, combine, metatheorize about, it is not clear yet if any are on the “right” track, if indeed there is such a track.
Something to think about . . . .
October’s stats on readership and page reads are in and it looks like a lot of first timers visited this month! How do you tell? The ratio of pages read to number of visitors is off the chart this month. Normally new visitors read a lot of the backfile and this month we have had more pages read than any in the past 18 months!
New registrations of those who gets these musings via email alert are also up!
So, thank you for dropping by. Musings is fun to write and I do it because of you!
There is a very fine line between taking advantage of opportunities to carry out research versus being opportunistic! The former is reacting to circumstances that make the timing, viability of project or the set of potential co-authors available sooner then you might expect. The latter is doing a project because others appear to be successful in publishing in that area and you once had a vague idea you might like to do some work there.
Now you think you may be able to bluff your way through, but I guarantee that those of us around a little longer will see through the bluff! And we will remember the attempt to bluff even if you get lucky and publish the paper in a good home.
In the end you only have one reputation. To have a viable research career sometimes means not running after apparent low hanging fruit! Especially if you cannot tell really why it is a fruit and not a vegetable.