The Securities and Exchange Commission, as a matter of policy, disclaims responsibility for
any private publication or statement by any of its employees. The views expressed herein …

We review accounting and finance research on corporate governance (CG). In the course of
our review, we focus on a particularly vexing issue, namely endogeneity in the relationships …

Although US and European research has documented improvement in earnings quality
associated with corporate governance characteristics, the situation in Latin America is …

This paper presents a general framework for studying factors associated with engagement-
level audit quality. The framework is intended to sharpen our thinking about conducting audit …

Projects seeking to define, measure, and evaluate audit quality are on the agendas of
auditing standards setters as well as audit firms. The Public Company Accounting Oversight …

This study examines whether differences in proxies for audit quality between Big 4 and non-
Big 4 audit firms could be a reflection of their respective clients' characteristics. In our …

This paper reviews empirical research over the past 25 years, mainly from the United States,
in order to assess what we currently know about audit quality with respect to publicly listed …

We examine whether firms resort to real earnings management when their ability to manage
accruals is constrained by higher quality auditors. In settings involving strong upward …

Accounting comparability among peer firms in the same industry reflects the similarity and
the relatedness of firms' operating environments and financial reporting. From the …

To many, recent allegations of accounting fraud (or earnings management; EM) at Enron,
coupled with similar ones at many other corporations, are a strong indication of a serious …