Turnover in key positions is disruptive to the business, costly and consumes time. Sometimes these valued employees want “a piece of the pie,” but some owners are not wiling give up any ownership. In those cases, how can owners structure compensation so that their talent will stay and so that incentives remain appropriate?

Do the executives running big public accounting firms really know how the CPAs who work for them would respond when faced with ethical dilemmas? New research suggests they may not.

The School of Accountancy's Professor of Practice Donald Goldman offers a cautionary tale that illustrates the consequences of cutting corners when starting a business. In this case, saving a few dollars on legal advice in the beginning cost $3 million in the end.

Many corporations lobby the U.S. Congress, but are these efforts effective? Assistant Accounting Professor Jennifer Brown examined corporate political contributions and found that firms taking a long-term, relationship approach with tax policymakers fare better than peers who stand back or wait for an issue to arise.

Companies that make regular ongoing campaign contributions to lawmakers on the Senate Finance Committee and the House Ways and Means Committee end up paying lower tax rates over time, according to a new study by Arizona State University’s W.P. Carey School of Business.