... with stronger enforcement, and when the ISA convergence level is higher. Insights from textual features suggest that changes in principle-orientation, comparability, readability, and size (or length) of auditing standards are positively related to audit quality. Exploratory analyses of textual content using...

.... Editor’s note: Accepted by Jeremy Bertomeu, under the Senior Editorship of W. Robert Knechel. 18 11 2020 26 07 2023 07 08 2023 2024 compensation contract disclosure coordination scrutiny earnings management externalities enforcement Regulatory institutions often...

...Robert H. Davidson; Christo Pirinsky ABSTRACT We analyze whether exposure to an SEC insider trading enforcement action affects how insiders trade. We find that following an insider trading enforcement action at one firm, exposed insiders earn significantly lower abnormal profits from their trades...

.... Johnson, and Lisic 2020 ). Studies also document variation in SEC enforcement intensity due to geographical proximity ( Kedia and Rajgopal 2011 ), budget allocations ( Blackburne 2014 ), political capture ( Heese, Khan, and Ramanna 2017 ), and workload ( Ege, Glenn, and Robinson 2020 ; Gunny and Hermis...

..., if researchers can control for mechanical differences in entities and rules, they can potentially use differences in these reports to study managers' responses to incentives. taxation enforcement accounting for income taxes I am immensely honored to receive this opportunity with my University...

... to their subsidiaries' reporting policies. We examine whether MNCs respond to changes in their home-country reporting enforcement by arbitraging regulatory differences across their subsidiaries' countries. We find that when home-country enforcement becomes tighter, MNCs rebalance their reporting strategies...

... impairment incidence is negatively associated with economic performance, but also related to proxies for managerial and firm-level incentives. In addition, whereas goodwill impairment tends to be timely for firms in high enforcement countries, firms in low enforcement countries tend to be less responsive...

... for measurement differences, macro-economic factors, and firm reporting incentives. Further, impairment losses under IFRS are more predictive in high-enforcement countries. JEL Classifications: D78; F02; M16; M41; G38. Data Availability: Data used are available from sources identified in the paper. We...

... and internal control weaknesses. Firms from weak rule of law countries show no significant association. We interpret these findings as home country enforcement affecting firms' likelihood of detecting and reporting existing accounting misstatements. This suggests that for U.S.-listed foreign firms, less...

...Sarah C. Rice; David P. Weber; Biyu Wu ABSTRACT We examine various penalties that could serve as enforcement mechanisms for Sarbanes-Oxley (SOX) Section 404. We focus on firms with restatements, some of which had previously reported their control weaknesses as required and some of which...