... Journal of Accounting Research 32: 38-60.Sloan, R. 1993. Accounting Earnings and Top-Executive Compen-sation.” Journal of Accounting and Economics 16: 55-100. 70 Transparency, Financial Accounting ... contingent on verifiable, observable financial and nonfinancial performance measures. The financial measures appear to comprise standard measures from the financial accounting system, including earnings ... primarily on the governance role of publicly reported financial accounting information. Financial accounting information is the product of corporate accounting and external reporting systems that...