Introduction

Abstract

This volume of Advances in Management Accounting (AIMA) begins with a paper by Kerler, Allport, and Fleming on the impact of framed information and project importance on capital budgeting decisions. Recent research shows that accountants may frame information related to capital budgeting projects to be consistent with their preference for the project (e.g., accept or reject), perhaps in order to persuade management to agree with them. Psychology research consistently shows that framed information results in systematic differences in judgments. The study examines whether framed information affects capital budgeting decisions, and whether this effect is moderated by the importance of the potential project. Results from an experimental case indicate attribute frames affect capital budgeting decisions, but the effect is moderated by the importance of the decision.

Citation

Epstein, M.J. and Lee, J.Y. (2012), "Introduction", Epstein, M.J. and Lee, J.Y. (Ed.) Advances in Management Accounting (Advances in Management Accounting, Vol. 21), Emerald Group Publishing Limited, Leeds, pp. xv-xviii. https://doi.org/10.1108/S1474-7871(2012)0000021005