UQAM - Université du Québec à Montréal
Corporate Reporting chair
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Mission

Denis Cormier, Chair holder

The goal of the Corporate Reporting Chair is to contribute to the development of fundamental and applied research on all matters pertaining to the quality of financial and non-financial information disclosed by organizations and its relevance to stakeholders.
 

 

Goals

The current research program encompasses the following issues:

We hope the Chair’s works will contribute to enhance the quality of corporate financial and social information, both nationally and internationally. 

We hope the Chair’s research activities will provide answers to the following questions: 

Concerning the Chair’s activities related to social responsibilities, we focus on how managers communicate social and environmental information to stakeholders.

 

board members 

Financial partners

From UQAM

 

scientific committee members 

 

Researchers 

Members
 

Denis Cormier, Professor, Department of Accounting, ESG UQAM

Denis Cormier is an accounting professor at ESG UQAM. He has a doctoral degree in applied economics from Université de Mons Hainaut (Belgium).  His research focuses on the following areas: Financial statements analysis within an international context; performance, organizational governance and value creation; environmental communication and environmental management and reporting; international accounting. His research works– more than ninety academic articles – have been published through a variety of professional and scientific national and international journals.  Denis Cormier is the author of two auditing books and, one international accounting book, one co-authored book on accounting theory, and many book chapters.

  

Richard Fontaine, Professor, Department of Accounting, ESG UQAM

Richard Fontaine has a PhD in Business Administration from UQAM détient un doctorat. His research interest is auditor/client relations and audit committee effectiveness. His research findings have been published in Current Issues in Auditing et Journal of Marketing Trends and presented at national and international; conferences such as International Marketing Trends, European Accounting Association congress, American Accounting Association conference, CAAA conference.

 

Anne Fortin, Professor, Department of Accounting, ESG UQAM

Anne Fortin is an accounting professor at l’ESG-UQAM. She holds a PhD in Accounting from University of Illinois at Urbana-Champaign. Her research focuses on stakeholders’ role in standard setting; accounting information and user decision making; corporate social and environmental responsibilities; IT governance and Web site strategic control; and the impact of teaching methods on accounting students’ competency development. Her research findings have been published in Accounting, Organizations and Society, Advances in International Accounting, Accounting Education: An International Journal, Accounting Perspectives and Comptabilité, Contrôle, Audit.

 

Sylvie Héroux, Professor, Department of Accounting, ESG UQAM

Sylvie Héroux has a PhD in Business Administration and a Master’s degree in Accounting from UQAM. Her research interests pertain to the information technology governance, the influence of Boards of directors and executive management on innovation, and the disclosure of financial and business information. Her research has been published in Information Systems Management, Journal of Information Systems, Journal of Management and Governance, Advances in Management Accounting, Gestion – Revue internationale de gestion, La Revue des sciences de gestion – Direction et gestion, Accountancy & Bedrijfskunde, and in Camagazine, and presented at the Canadian, American and European accounting association conferences. She teaches business ethics and auditing. She has been a member of the Board evaluation of the Canadian Institute of Chartered Accountants (CICA) (now CPA Canada) from 2010 to 2013. She has been the director of the professional accounting certification program, which prepares candidates for the CICA Uniform Evaluation (UFE). She has worked in accounting firms as auditor, researcher and quality controller.

 

Walter Aerts, Professor, Department of Accounting and Finance, Universiteit Antwerpen

Walter Aerts is an accounting professor at Antwerpen Universiteit (Belgium). He has a PhD in applied economics and an M.A. in commercial engineering from Antwerpen Universiteit.  Prior to his academic career, Aerts was an accountant in electric utilities in the 80s and 90s. His fields of research include environmental disclosure, accounting narratives and the institutional perspective on financial and non-financial reporting. He is the author of various articles published journals such as Accounting, Organizations and Society, the Journal of Accounting and Public Policy and European Accounting Review.
 

Irene Gordon, Professor, Department of Accounting, Faculty of Management, Simon Fraser University

Irene Gordon, FCGA, has a PhD in Economics from Simon Fraser University.  Her interests include the study of financial and non-financial communication strategies within the context of neo-institutional theory and legitimacy theory. She is equally interested in social and environmental accounting, corporate governance and accounting education. Her work has been published through journals such as Contemporary Accounting Research, Accounting, The Auditing and Accountability Journal, Journal of Business Ethics, Journal of Small Business Management, Accounting Education: An International Journal, Issues in Accounting Education, Land Economics and International Journal of Social Economics.
 

Pascale Lapointe-Antunes, Assistant Professor, Department of Accounting, Brock University

Pascale Lapointe-Antunes has a PhD in Accounting from Concordia University. In her research, she explores the causes and consequences of decisions made by firms concerning intangible assets’ valuation, voluntary disclosure, corporate governance structures, as well as the quality of information published by Income Trusts.  She is interested in assessment of financial statements fraud risk. To this effect, she has co-authored an article in the International Journal of Accounting, Auditing and Performance Evaluation (2006), as well as a professional article in Camagazine (2005). She has presented her work in international forums such as the European and American Accounting Associations. 

 

Michel Magnan, Professor, John Molson School of Business, Concordia University, Lawrence Bloomberg Chair in Accountancy


 
Michel Magnan is an accounting professor at Concordia University’s John Molson School of Business. He has PhD from the University of Washington and is a fellow of Chartered Accountants of Quebec. He is also the Lawrence Bloomberg Chair in Accountancy at Concordia University. His research interests include managers’ compensation, corporate disclosure strategies, financial statement analyses and business ethics. Michel Magnan has published more than 90 articles in refereed journals, primarily covering financial statement analyses and environmental accounting.  He is involved in the accounting profession, having  sat on the boards’ of various committees within the Canadian Institute of Chartered Accountants.

 

Associate Members  

UQAM

OTHER UNIVERSITIES

Students

Research assistants  

 

Financial REPORTING policies 

Under which circumstances would managers use their discretion to alter reported earnings? Various contexts are likely to incite to earnings management: to meet analysts’ forecasts; initial public offering; takeover attempts; during financial distress, etc. We analyze the determinants and incidence of earnings management. We also analyze the relationship between value creation and the quality of financial reporting.

 

Fraud risk in Financial statements 

Poor quality financial statements (where fraud is the ultimate outcome) highlight poor governance practices that are primarily dependent upon numerous parties, each with self-interests and motivations: Managers, board of directors, audit committees, internal and external auditors, etc. The responsibility for maintaining a high standard of financial information is shared amongst these parties. We assess the impact of governance practices on the quality of financial reporting. Poor governance in itself however, is not enough to cause fraud. Fraud environment must first be present, meaning the existence of a variety of clinching factors that could trigger a fraud. The question is therefore, whether these factors along with poor corporate governance increase the risk of fraud.

 

corporate information 

Financial and non-financial reporting as a management tool for the relations with stakeholders, as a mimetic tool (answer to institutional or regulatory pressures), as a tool for impression management, or as an instrument for value creation.

 

compensation schemes

The relationship between incentive compensation (e.g. stock-based payments, bonus schemes based on performance) and corporate performance. When does incentive based compensation is influenced by past or present performance? The impact of incentive based compensation on future.

 

Performance of boards of directors 

The relationship between the performance of the board of directors and corporate performance. On one hand, the board’s performance reflects the performance of each member in the deliberation and decision-making process. On the other hand, the board’s performance manifests itself through its influence over various aspects of organizational performance (social, financial)
 

Environmental management and reporting  

Reporting about corporate environmental management  (e.g. pollution abatement) is often voluntary.  Therefore, analyzing the managerial strategy of the firm in relaying this information to stakeholders becomes necessary.  Is it for economic reasons? Is it socially responsible? Is the disclosed environmental information of a high quality and does it create value? For example, do environmental debt provisions accounted for in financial statements inform stock markets about potential environmental risks? 

 

CONTACT US

École des sciences de la gestion
Corporate Reporting Chair
Université du Québec à Montréal
315, rue Sainte-Catherine Est, bureau R-4580
Montréal (Québec), H2X-3X2

Phone : (514) 987-3000, ext. 8358
Fax : (514) 987-6629

E-mail : cormier.denis@uqam.ca

 

UQAM - Université du Québec à Montréal  ›  Mise à jour : 26 avril 2017