Using a comprehensive sample of cross-country mergers and acquisitions for the period 2000 to 2014 we examine the effect of common auditors on the efficiency of cross-country M&A transactions. We predict that the use of common auditors reduces uncertainty, resulting in higher M&A efficiency. We...

This study addresses two related research questions concerning a new requirement in the United Kingdom that auditors disclose the materiality thresholds they apply when conducting the audit of listed companies. First, are cross-sectional differences in materiality thresholds associated with...

Using a sample of 91,020 VC investments in the US, we study whether religiosity influences VC investment decisions. Based on prior literature that finds a positive relation between religiosity and risk aversion we posit that VC located in more religious counties make less risky investments. We...

Accounting comparability refers to the similarity with which similar economic events are reflected in the accounting choices of firms. Accounting comparability facilitates understanding and hence learning from peer firm disclosures. Using a sample of 8,685 observations for 588 unique firms, we...

Wage theft is the largest form of theft committed in the U.S. Typical violations related to wage theft include the lack of payment for overtime hours or forcing employees to underreport hours worked. We find that government contracting has an important effect on firm employees as it reduces wage...

This study seeks to address Li (2010) call for further research examining accounting items in the context of disclosure analysis. In particular this study seeks to explain the amount and type of repo narratives in 10-K filings through the legitimacy and agency theories. I find that in line with...