This study examines the effect of environment, social and governance (ESG) performance on firms' cost of debt (COD) internationally. Using a sample comprising of 18,950 observations over a period between 2008 and 2015 across 41 countries, we find a significant negative association between...

We examine the economic rationale for the use of investment banking syndicates in mergers and acquisitions. We find that syndicates are more likely to be hired in more complex transactions and in deals where acquirers have greater demand for external acquisition-related financing. Compared to...

This study investigates the relationship between culture and tax evasion across countries. Specifically, the study unpackages culture in terms of Hofstede's (1980) power distance, individualism, uncertainty avoidance and masculinity cultural dimensions, and develops hypotheses which consider...

We examine whether the naming of partners provides a benefit to the public in the context of allowing researchers to empirically collect evidence on the economic importance of non-audit services (NAS) at the partner level. We provide evidence showing that auditor independence is impaired when...