Causal Inference in Accounting Research

被引:154
|
作者
Gow, Ian D. [1 ]
Larcker, David F. [2 ]
Reiss, Peter C. [2 ]
机构
[1] Harvard Univ, Business Sch, Cambridge, MA 02138 USA
[2] Stanford Grad Sch Business, Rock Ctr Corp Governance, Stanford, CA 94305 USA
关键词
C18; C190; C51; M40; M41; Causal inference; accounting research; quasi-experimental methods; structural modeling; POLITICAL CONNECTIONS; CORPORATE GOVERNANCE; COMPENSATION; INFORMATION; MANAGEMENT; EARNINGS; IDENTIFICATION; STATISTICS; DISCLOSURE; SMOKING;
D O I
10.1111/1475-679X.12116
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper examines the approaches accounting researchers adopt to draw causal inferences using observational (or nonexperimental) data. The vast majority of accounting research papers draw causal inferences notwithstanding the well-known difficulties in doing so. While some recent papers seek to use quasi-experimental methods to improve causal inferences, these methods also make strong assumptions that are not always fully appreciated. We believe that accounting research would benefit from more in-depth descriptive research, including a greater focus on the study of causal mechanisms (or causal pathways) and increased emphasis on the structural modeling of the phenomena of interest. We argue these changes offer a practical path forward for rigorous accounting research.
引用
收藏
页码:477 / 523
页数:47
相关论文
共 50 条
  • [31] Causal inference in tobacco research: a public health challenge
    Kalan, Mohammad Ebrahimi
    Ward, Kenneth D.
    Harrell, Paul T.
    Ben Taleb, Ziyad
    JOURNAL OF ADDICTIVE DISEASES, 2023,
  • [32] Counterfactuals and Causal Inference: Methods and Principles for Social Research
    Keohane, Robert O.
    SOCIAL FORCES, 2009, 88 (01) : 466 - 467
  • [33] Counterfactuals and Causal Inference: Methods and Principles for Social Research
    Antonakis, John
    Lalive, Rafael
    STRUCTURAL EQUATION MODELING-A MULTIDISCIPLINARY JOURNAL, 2011, 18 (01) : 152 - 159
  • [34] The Trend-in-trend Research Design for Causal Inference
    Ji, Xinyao
    Small, Dylan S.
    Leonard, Charles E.
    Hennessy, Sean
    EPIDEMIOLOGY, 2017, 28 (04) : 529 - 536
  • [35] Information systems effectiveness: research designs for causal inference
    Haga, W. J.
    Zviran, M.
    INFORMATION SYSTEMS JOURNAL, 1994, 4 (02) : 141 - 166
  • [36] Counterfactuals and causal inference: Methods and principles for social research
    Hipp, John R.
    CONTEMPORARY SOCIOLOGY-A JOURNAL OF REVIEWS, 2008, 37 (04) : 320 - 322
  • [37] The use of causal inference methods in gambling research: A review
    Hitcham, Lucy
    Tillsley, Jaimie
    Kim, Hyungseo
    Tunney, Richard
    James, Richard
    JOURNAL OF BEHAVIORAL ADDICTIONS, 2023, 12 : 315 - 315
  • [38] What Can Bayesian Inference Do for Accounting Research?
    Schutt, Harm H.
    JOURNAL OF FINANCIAL REPORTING, 2023, 8 (02): : 157 - 174
  • [39] An assessment of causal inference in smoking initiation research and a framework for future research
    Heckman, James J.
    Flyer, Fredrick
    Loughlin, Colleen
    ECONOMIC INQUIRY, 2008, 46 (01) : 37 - 44
  • [40] Causal Inference
    Kuang, Kun
    Li, Lian
    Geng, Zhi
    Xu, Lei
    Zhang, Kun
    Liao, Beishui
    Huang, Huaxin
    Ding, Peng
    Miao, Wang
    Jiang, Zhichao
    ENGINEERING, 2020, 6 (03) : 253 - 263