We study the effects of analyst coverage on syndicated lending. We hypothesize that analyst research alleviates information asymmetries between lead arrangers and participant lenders within a syndicate, increasing the participants’ credit supply and reducing the required loan interest spread....

We use hand-collected audit partner data to show that approximately one-third of clients are audited by partners located more than 100 kilometers away from the clients' corporate headquarters. We explore the role that partner location plays in audits by first modeling how it affects the matching...

Prior research provides mixed evidence about whether sufficient audit market competition exists and whether competition impairs or improves audit quality. A major impediment to this stream of research is the unobservable nature of the bidding process by which auditors compete for clients. In...

Although prior research has claimed that audit committees with more expertise secure better auditors and enjoy higher quality earnings, a deeper understanding of this premise compels consideration of the factors that less-expert audit committees consider when choosing auditors if indeed they are...

We investigate whether non-GAAP reporting results in less conservative auditor materiality judgments, as measured by auditors' determination of quantitative materiality thresholds. Using a sample of audit reports for Premium Listed companies on the London Stock Exchange for the 2013-2014 fiscal...