Jennifer Ho, Li-Chin; Liu, Chao-Shin; Frank Wang, Xu - In: Review of Accounting and Finance 13 (2014) 2, pp. 110-133
Purpose – The purpose of this paper is to examine the association between audit committee characteristics and a firm’s ability to guide analysts’ forecasts downward to meet or beat earnings benchmarks. Design/methodology/approach – The authors expect that a more effective audit committee...