Using a sample of U.S. firms spanning 2001-2008, we examine whether female directors or nonexecutive female directors or female audit committee members affect auditor choice and audit effort measured by audit fees. After correcting for selectivity bias and controlling for other known board, firm...

We examine the effect of board gender diversity on accounting conservatism. Particularly, we investigate changes in the degree of conservatism for firms that transit from an all-male board (audit committee) to a gender diverse board (audit committee). Using a sample of U.S. firms from 1998 to...

We show that, on average, firms with ethnoculturally diverse corporate boards exhibit lower accruals quality than those with all Anglo boards. However, this negative relationship vanishes when the non-Anglo directors have a strong out-of-board community affiliation with the Anglo directors....