... ratification and choose to voluntarily decrease their investment in the company. Results also indicate that including additional qualitative context within the disclosure increases investor support for auditor ratification when accompanying a positive-trending AQI portfolio but has no additional effect...

...Karim Jamal; Erin Marshall; Hun-Tong Tan SUMMARY Corporate governance reforms and the threat-safeguard approach to auditor independence regulations are motivated by the assumption that disclosure by an agent (e.g., auditor) of a potential conflict of interest reduces bias in professional judgment...

... performance implications of assurance of non-financial information such as ISO 9000 certification ( Corbett, Montes-Sancho, and Kirsch 2005 ), Total Quality Management awards ( Hendricks and Singhal 1997 ), and non-financial information disclosure ( Coram, Monroe, and Woodliff 2009 ). However, prior studies...

... association with proxies for public realizations of “bad news” events that occur during the roughly 12-month period between the negotiation of the audit fee and the disclosure of the audit fee paid. Our results suggest that negotiated audit fees contain information meaningful to investors...

... assurance for fair value estimates with high levels of inherent measurement uncertainty. We then discuss some characteristics of an effective accountability framework for fair value accounting. We propose that additional disclosures of management's historical estimation accuracy and current levels...