This research investigates the association between the presence of problem directors on company boards and audit committees and audit fees of companies. The presence of problem directors on company boards and audit committees is a sign of past management failures and indiscretions. Such...

Purpose: The purpose of this study is to examine the disruptive effects of COVID-19 on supply chains and question the role of accounting information in managing these supply chains in the face of such disruptive effects. Design/methodology/approach: The study first explains the effects of...

Purpose: The purpose of this paper is to empirically investigate whether an individual’s knowledge, skills and capabilities (human capital) are reflected in their compensation. Design/methodology/approach: Data are drawn from university academics in the Province of Ontario, Canada, earning...

Widespread adoption of International Financial Reporting Standards (IFRS) is expected to improve accounting quality. IFRS is issued by the International Accounting Standards Board (IASB), but the IASB has no power to enforce the standards. Many are concerned that without adequate enforcement...

Firms are organized as nexuses of contracts to reduce transaction costs arising from the bounded rationality of humans. The managers and others who enter into contracts also are boundedly rational, which makes all contracts incomplete. For external finance contracts, corporate governance is a...