Understanding the factors affecting executive turnover is particularly important, because it sheds light on to what extent such turnovers serves as an effective corporate monitoring and governance tool. Using hand-collected data to control firm-specific restatement characteristics, we examine...

Purpose: This paper analyzes whether and how the environmental protection concern of corporate social responsibility companies affects market participants’ perceptions by examining the nature and structure of corporate social responsibility companies. Design/methodology/approach: I begin...

Purpose: The mechanism of dual attestation system is to enhance audit quality through bonding legal liability of two signing partners. However, an intense debate regarding the retention or abolition of dual attestation system was discussed in recent years, because the amended Accountant Act have...

Purpose: The business risk of patent litigation contributes to auditors' professional skepticism and thereby results in different audit pricing decisions. Patent infringement is viewed as a specific news and thereby results in different economic consequences. This study examines the association...

Although prior studies indicate that compliance with Section 404 of SOX, which requires both high-effort management disclosure and internal control audit, is costly, no consistent conclusion can be drawn from prior research that Section 404 can improve the disclosure quality of internal control...

The purpose of this study is to investigate into the appropriateness and effectiveness of CPA sanction system in Taiwan. We hypothesize that (1) if sanctioned auditors show generally lower audit quality, the sanction system is considered appropriate; and (2) if audit quality is improved after the...

It is instrumental for regulators and policy makers to know the impact of individual sanctions on improving audit quality of the entire firm because many countries in the world enforce disciplinary actions against individual auditors. This paper examines the improvement on audit quality of the...