Smallholder supply chains of the developing world face the challenge of insufficient price transparency that limits the welfare of smallholder farmers. Digital information platforms have been introduced to improve price information access. For such platforms to sustainably improve welfare,...

In this paper, we examine the relationship between rising short-termism and the nature of innovation in US public firms, 1980-2019. Breakthrough inventions, or those that significantly influence later innovation, require sub-technologies to be created that don’t yet exist. We argue that these...

Purpose Recent studies document that approximately two-thirds of sample firms have at least one audit committee member serving on their compensation committee (Liao and Hsu, 2013). Prior studies on overlap membership document that presence of audit committee members on compensation committee...

Purpose: The authors investigate whether the different tenure phases of executives have a differential effect on audit pricing. Two alternate views – career concern and power – can explain the effect of executives’ tenure on audit pricing. This paper aims to determine, which viewpoint...

Literature on S&P 500 index firms shows that there is significant improvement in the performance due to increased scrutiny of media and investors. Recently Platikonova (2008) documents improvement in the disclosure quality for firms following their inclusion in the index. Since, auditors are...

In this paper we study the impact of the Sarbanes-Oxley Act (SOX) on the valuation weights of earnings and earnings components. The analysis seeks evidence that SOX is associated with changes in investors' perception of earnings and accruals quality. Of particular interest in the analysis is the...

Accounting scholars theorize that audit price is a function of a client's audit and business risk. Existing research finds that the functional expertise of Chief Executive Officers (CEOs) in finance improves financial reporting quality (Matsunaga, Wang, and Yeung 2013), increases profitability,...

Research Question/Issue: This study examines the extent to which newly-hired migrating executives affect shareholder reaction at their arriving firms. We draw upon the information economics and upper echelons literatures to explain how (1) deviant behavior and ability information cues from an...