We examine the associations between the cost of equity capital and two audit committee characteristics: 1) average audit committee members' age; and 2) average number of audit committee members' other directorships. The study is motivated by the recent emphasis on the important role of audit...

We understand relatively little about factors that affect the internal audit function's ability to serve as an important monitor of financial reporting quality. We therefore study how turnover of the chief audit executive (CAE) influences financial reporting quality and stakeholders'...

Purpose – The purpose of this paper is to investigate whether gender diversity of audit committees has a significant impact on the firm's earnings management. Design/methodology/approach – This paper uses a performance‐adjusted discretionary accrual model to examine the association between...

Purpose – The purpose of this study is to investigate the compliance of US‐traded foreign firms with Sarbanes‐Oxley section 404 (SOX 404) by examining recent changes in their material internal control weakness (ICW) disclosures. This study also seeks to explore as a result of compliance,...