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An important avenue for future research is the development of research designs to isolate the impact of accounting information through the individual channels and facilitate direct examination of the differential properties of the accounting system and institutional infrastructure important for each channel. about accounting S. schools for accounting Existing studies have examined three dimensions of classification. This evidence suggests that future research into the governance role of financial accounting information has the potential to detect first-order economic effects. about accountingcareers in accounting Evidence shows that in recent years, the total sensitivity of executive wealth to changes in shareholder wealth has become dominated by executives’ stock and stock option portfolios, as opposed to cash compensation or other components of executives’ pay packages. business school accounting The largest body of governance research in accounting concerns the role of financial accounting information in managerial incentive contracts. about accounting This evidence suggests that future research into the governance role of financial accounting information has the potential to detect first-order economic effects. schools for accounting There is evidence of widespread, explicit use of profitability measures in the annual bonus plans and in the long-term performance plans of corporate executives. S. schools for accounting