Boards of directors and compensation committees predominantly use financial measures reflecting executive managerial duties as inputs to executive compensation decisions. Yet, despite the fact that Holmstrom (1979) suggests that any readily available performance measure should be considered in...

We examine the relative importance of audit firm-level versus audit partner-level styles in key audit matter (KAM) outcomes. We define style as stable within-firm (partner) similarities and between-firm (partner) differences in KAM reporting over time and across clients and industries with...

This paper investigates the effects of competitive bidding on clients' and service providers' decisions. We examine the determinants of clients' decisions to choose private negotiations (i.e., only one bidder) versus competitive bidding (i.e., multiple bidders) and the effect of that choice on...

We explore labor market consequences for CFOs employed by fraud firms, focusing on contagion effects of blame for CFOs who are not implicated, i.e., not publicly blamed by the SEC for committing the fraud. Studying these individuals is important because they are associated with the fraud, so it...

This paper reports the outcome assessement of an accounting department's writing-skill improvement initiative. The paper compares the writing skills of accounting students who participated in the writing initiative with the writing skills of other business students who did not participate....

CEOs completing M&A transactions face pressure to deliver returns and investors sometimes express concern that financial disclosures fail to provide information necessary to evaluate post-acquisition performance. Regulators require that auditors provide Key Audit Matter (KAM) disclosures, which...