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      • Research Summary

      Strategy, Governance and Valuation

      By: Krishna G. Palepu
      Professor Palepu's current research focuses on strategy and governance. In the area of strategy, his recent focus has been on the globalization of emerging markets, particularly India and China, and the resulting opportunities and challenges for western multinationals... View Details
      • Forthcoming
      • Article

      Variable Leases Under ASC 842: Evidence on Properties and Consequences

      By: Jonas Heese, Albert Shin and Charles C.Y. Wang
      The new lease standard (ASC 842) allows firms to keep variable leases off-balance-sheet, in part based on the assumption that future expenses are difficult to estimate reliably. We show that variable-lease expenses are both prevalent and substantial, exhibiting... View Details
      Keywords: Financial Accounting; Financial Analysis; Accounting; Leasing; Financial Strategy
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      Heese, Jonas, Albert Shin, and Charles C.Y. Wang. "Variable Leases Under ASC 842: Evidence on Properties and Consequences." Review of Accounting Studies (forthcoming).
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