Academic corner.

• Position: Financial Executives Research Foundation

On the FERF Web site, there's a new headline under "Products & Services" titled "Academic Research." FERF Trustee and Research Committee member Mary Kay Scucci has worked with a number of academics to summarize the key findings of their research papers so that they can be used by practicing financial executives. Some of first research papers to be summarized include:

GAAP Goodwill and Debt Contracting Efficiency: Evidence from Net-Worth Covenants, By Richard Frankel, Washington University in St. Louis; Chandra Seethamraju, Mellon Capital Management; and Tzachi Zach, Washington University in St. Louis.

The Sarbanes-Oxley Act and the Flow of International Listings, By Joseph Piotroski and Suraj Srinivasan, University of Chicago.

An Examination of the Impact of the Sarbanes-Oxley Act on the Attractiveness of U.S. Capital Markets for Foreign Firms, By Peter Hostak, University of Massachusetts at Dartmouth; Emre Karaoglu, University of Southern California; Thomas Lys, Northwestern University; and Yong Yang, The Chinese University of Hong Kong.

Determinants and Consequences of Firm Information Technology Budgets, By Kevin Kobelsky, Baylor University; Vernon J. Richardson, University of Arkansas; Rodney Smith, California State University Long Beach; and Robert Zmud, University of Oklahoma.

For every paper, Scucci provides: a one-paragraph executive summary; several paragraphs of key findings; a list of job titles of people who could be impacted by the research; names, affiliations, email addresses of the authors; and a link...