To improve the usefulness of audit opinions, on 23 March 2021, the China Securities Regulatory Commission mandated that auditors disclose overall quantitative materiality of consolidated financial statements in special explanations of modified audit opinions. This paper selects Chinese A-share...

I propose an axiomatic framework for belief revision when new information is qualitative, of the form "event A is at least as likely as event B." My decision maker need not have beliefs about the joint distribution of the signal she will receive and the payoff‐relevant states. I propose three...

Purpose The purpose of this paper is to examine the role of innovative HR practices as an important mechanism through which strategic flexibility affects firm performance as well as the role of female leadership in this relationship. Design/methodology/approach Data were gathered from a sample...