This paper is an investigation of the relationship between earnings opacity in 32 countries and elements of the political order. What the picture shows is a clear manifestation of earnings opacity internationally. What is interesting with this picture is the findings that earnings opacity is...

We investigate the impact of audit quality on the quality of government in a large cross-section of countries. We assess government performance using measures of six dimensions of governance, namely, voice and accountability, political stability, government effectiveness, regulatory quality,...

This study tests the relationship between diversification strategy and earnings persistence provided by Autoregressive, Integrative, Moving Average (ARIMA) models. When higher-order ARIMA models are used, this study shows the earnings persistence of U.S. Multinational firms to be positively...