Using data from 21 countries, this paper analyzes the relation among analyst coverage, earnings management and financial development in an international context. We document that the effectiveness of financial analysts as monitors increases with a country's financial development (FD). We find...

This study investigates the economic consequences of non-English speaking companies adopting English as an external reporting language. We examine a sample of companies that initiate the voluntary issuance of an annual report in English in addition to the local language annual report. To control...