Purpose – The purpose of this paper is to investigate the effect that a regime of mandatory audit firm rotation would have on audit quality. Design/methodology/approach – Using two measures of audit quality, being the propensity to issue a going-concern report and the level of discretionary...

This paper asks whether momentum and postevent drift are manifestations of the same underlying mechanism or are separate phenomena. We find that both effects can be attributed to persistence in returns following news that affects expected earnings or earnings growth. Holding these quantities...

In this chapter, Andrew Heisz, Andrew Jackson and Garnet Picot provide an incisive and comprehensive analysis of the distributional changes that have occurred in Canada in the 1990s as well as useful comparative perspectives both in terms of trends over time and the particular patterns that can...

Ce document examine le marche du travail canadien des annees 90 et le compare a celui des decennies precedentes, en s'interessant particulierement aux resultats sur le plan de la repartition. Il aborde les changements qui se sont manifestes dans les gains relatifs de divers groupes, dans les...

This paper examines the Canadian labour market during the 1990s and contrasts it to prior decades, with a special focus on distributional outcomes. It discusses changes in relative earnings between groups, changes in relative labour market outcomes of women and older workers, changes in earnings...