Review of Accounting Studies, 4, 143 (1999)
1999 Kluwer Academic Publishers, Boston. Manufactured in The Netherlands.
The papers contained in this double issue were presented at a conference held at the Graduate
School of Business, Stanford University, on June 4
, 1999. The conference theme
was “The Impact of Accounting Rules on Valuation and Management Control.” Conference
submissions were evaluated as part of the journal’s standard review process.
Funding for the conference was provided by the Review of Accounting Studies, the Grad-
uate School of Business at Stanford University, the Parker Center for Investment Research
at Cornell University, and the Center for Financial Reporting and Management at the Haas
School of Business. The editors of the Review of Accounting Studies thank these institutions
and their sponsors for their ﬁnancial support.
Barclay’s Global Investors again provided a cash prize for the best conference paper. This
paper was chosen by a vote of conference attendees following the last presentation. The
winning paper was “Asset Valuation and Performance Measurement in a Dynamic Agency
Setting” by Sunil Dutta and Stefan Reichelstein. With last year’s prize awarded to Bill
Beaver and Maureen McNichols, we want to assure prospective authors that non-editors
are indeed also eligible to win this prize in future years!