firms over an extended period. We analyze the effects on audit quality as well as on audit pricing and production. On … average, we find no evidence for audit quality declines over the tenure cycle and, consistent with this result, little support … consequences. Audit fees decline and audit hours increase after mandatory rotations, but then reverse over the tenure cycle. We …

an extended period. We analyze the effects on audit quality as well as economic tradeoffs with respect to audit hours and … fees. On average, we find no evidence for audit quality declines over the tenure cycle and, consistent with the former … economic consequences. We find increases in audit fees and decreases in audit hours over the tenure cycle, which differ by …

We examine how often and why some audit partners rotate off client engagements before the end of the maximum five …-year cycle period. Specifically, we investigate whether audit quality issues play a role for engagement partners and clients to … separate prematurely. For a sample of about 4,000 within-audit firm partner rotations for Big 6 clients over the 2008 to 2014 …

This paper studies the impact of public audit oversight on financial reporting credibility. We analyze changes in … market responses to earnings news after public audit oversight is introduced, exploiting that the regime onset depends on … news following public audit oversight. Corroborating these findings, we find an increase in volume responses to 10-K …

This paper studies the impact of public audit oversight on financial reporting credibility. We analyze changes in … market responses to earnings news after public audit oversight is introduced, exploiting that the regime onset depends on … news following public audit oversight. Corroborating these findings, we find an increase in volume responses to 10-K …

We examine how often and why some audit partners rotate off client engagements before the end of the maximum five …-year cycle period. Specifically, we investigate whether audit quality issues play a role for engagement partners and clients to … separate prematurely. For a sample of about 4,000 within-audit firm partner rotations for Big 6 clients over the 2008 to 2014 …

We analyze the effects of partner tenure and mandatory rotation on audit quality, pricing, and production for a large … cross-section of U.S. public firms during 2008–2014. On average, we find no evidence that audit quality declines over the … tenure cycle and little support for “fresh-look” benefits provided by the new audit partner. Audit fees decline and audit …