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...

Using samples from twelve non-U.S. countries, we find that subsequent to Andersen's demise, audit fees charged by the succeeding Big-4 auditors were higher for ex-Andersen clients than for existing clients and non-Andersen switch-ins. We show that this result is inconsistent with either rent...