Research Question- What are the determinants of audit report delay (ARD) among publicly traded firms in Saudi Arabia? Motivation- The motive to investigate audit report delays (ARD) in the Saudi context is driven by the critical need for timely disclosure of financial information. In emerging...

In Romania, rebuilding the system of corporate governance has been a major component of the reform, although its awareness developed gradually and relatively late, driven on one hand by the accumulation of evidence of inefficiency of the system of corporate governance of state-owned enterprises,...

During the past decade, new regulations have been adopted to improve audit committee effectiveness. Prior research has generally provided evidence in support of these regulations and suggests that a more independent and expert audit committee is more effective. We posit that CEO power reduces or...

Internal auditors play an important role in influencing managers’ judgments. Yet, the practitioner literature indicates that, because internal audit lacks the client services incentives of external audit, internal auditors often adopt a “policeman approach” that can lead to negative...

This study investigates how board networks affect the directors’ decision to retain auditors who are industry experts. Based on the unique data in Taiwan, where the audit report is issued in the name of two signing auditors as well as the audit firm, we find that a firm is more likely to...

In this paper, we have developed a corporate governance index for 500 large listed Indian firms from 2008 to 2011. The index construction utilizes information on six important corporate governance mechanisms namely the board of directors, the audit committee, the board committees and disclosure...

This study examines the effect of managerial fiduciary duties on the likelihood of firms receiving going concern (GC) opinions from their auditors. We exploit an influential 1991 legal ruling that expanded fiduciary duties of corporate directors and officers in favor of creditors for...

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings in India under its Clause 49 corporate governance regulations. The analysis is based on the sample of top 500 companies listed on the country's...

Cohen et al. (2008) document that firms switched from accrual-based earnings management (AEM) to real earnings management (REM) within three years after passage of the Sarbanes-Oxley Act (SOX) in 2002. A remaining question is how so many firms could have made the transition from one accounting...

This paper investigates empirically the effect of ownership concentration on corporate disclosure choice in Bangladesh. In an environment of weak enforceability of laws, corporate culture in Bangladesh is characterized by family control and concentrated ownership. Controlling shareholders...