Prior studies provide conflicting evidence on the reporting/disclosure quality of family firms. We provide unique insights by analyzing the pricing of audit engagements. Because financial reporting quality affects audit risk, which determines how auditors price engagements, we analyze audit fees...

In this study we test whether financial analysts' use their earnings forecasts to make stock recommendations. We hypothesize that if analysts use earnings forecasts as a basis for stock recommendations, the likelihood of a buy (sell) recommendation ought to increase (decrease) when the analyst's...

The primary objectives of this research are to investigate the impact of the Securities Exchange Commission (SEC) accelerated deadline on foreign firms' 20-F filing practices and factors relating to the filing lags. Based on a sample of 338 U.S.-listed foreign firms, our results indicate that...