This double issue contains papers presented at a conference entitled,
European-American Conference on Accounting Research, which was held at
INSEAD in Fontainebleau, France in September 2006. Review of Accounting
Studies editorial board member Stephen Monahan organized this conference.
We would like to thank him, his staff and his colleagues for their hospitality.
We also thank INSEAD for their ﬁnancial assistance. Cambridge Business
Publishers provided additional ﬁnancial assistance for which we are also
grateful. Finally, our thanks go to the paper discussants for their insightful
comments. Their discussions are published alongside the papers in this issue.
Barclays Global Investors sponsored a prize for the best conference paper,
as they have at previous conferences. This year, the best paper (selected by
secret ballot from conference attendees) was ‘‘Conservatism, Growth and
Return on Investment’’ by Madhav Rajan, Stefan Reichelstein and Mark
Soliman. The Morgan Stanley prize for the best discussion was awarded to
Yonca Ertimur for her commentary, on ‘‘How Disclosure Quality Affects the
Long-run Level of Information Asymmetry’’ by Stephen Brown and Stephen
A. Hillegeist. Congratulations to these winners, and thanks to the sponsors of
the awards, Barclays Global Investors and Morgan Stanley.
S. Baiman (&)
Accounting Department, The Wharton School, University of Pennsylvania, 1300 Steinberg
Hall – Dietrich Hall, Philadelphia, PA 19104-6365, USA
Rev Acc Stud (2007) 12:181
Published online: 8 March 2007
Springer Science+Business Media, LLC 2007