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A recent trend in organizations is to motivate employees with goal-based prosocial rewards, whereby employees must donate their rewards to charities upon goal attainment. We examine the motivational effects of goal-based prosocial rewards versus cash rewards under different levels of goal difficulty. We develop our hypotheses based on affective valuation theory, which posits that when valuing uncertain outcomes by affect rather than calculation, individuals are largely insensitive to changes in probability of the outcomes, including probability of goal attainment.

Using 9,801 director appointments during 2003-2014, we document the dramatic impact of connections - 69% of new directors have professional ties to incumbent boards, a group representing 13% of all potential candidates.

Each year, the School of Accounting and Finance (SAF) recognizes and acknowledges our distinguished alumni for the positive impact they have made on the profession, the School and the community. The 2021 School of Accounting and Finance Alumni Achievement Award recipient is Benjie Thomas, who studied in the BA/Chartered Accountancy program and graduated in 1998.

As the world moves into a new norm, the School of Accounting and Finance (SAF) is training future tax professionals who have competitive skillsets, impressive networks, and real-world knowledge of the field of taxation. In 2014, Professors Julie Robson and Jim Barnett founded the Young Tax Professionals (YTP), a for-credit program, that exposes students to the developments and career opportunities in tax. The program also acts as a network that connects students with tax faculty, alumni, and full-time tax professionals.

The recipients of the 2022 Outstanding Performance Award have been named, according to a memo from Vice-President, Academic & Provost James W.E. Rush.

"I am very pleased to announce the award recipients for 2022 and would like to take this opportunity to congratulate them for their outstanding contributions to the University of Waterloo," Provost Rush writes.

Many countries have imposed tax policies that limit the deductibility of interest costs, creating a plausibly exogenous increase in the net cost of borrowing. The limits are based on financial accounting numbers, adding a new implication to managers’ choices. Firms in these countries are also expected to rely less on debt financing and face weaker demand for conservative financial reporting from creditors as compared to firms in other countries.

The Effect of Relative Performance Information and Individual Performance Incentives on Knowledge Sharing

COVID-19 has disrupted financial statement auditing globally and impacted group dynamics in an industry vital to the health of the economy, according to a new study.

What you need to know this tax season, and how to plan for the next one

When Pratik Shah (MAcc ’09) came across the CFO role for the neo-biotech company Cyclica on a MaRS job board, it took him right back to his undergrad at the University of Waterloo. As a Biotech/CPA student, his long-term career goal was to work for high-growth startups making a social impact. Better yet, Shah wanted to leverage his scientific background, which aligned well with Cyclica’s bold mission to build the biotech pipeline of the future.