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...

The incessant corporate scandals engulfing the corporate world today calls for great concern, also even the so-called big four recently have had their fair share of this blame too. Against this backdrop, we investigated to investigate the impact of board characteristics on audit quality of...