In this systematic literature review we synthesize the empirical archival research on the consequences of local social norms (i.e. social capital, religiosity, gambling, and corruption) on accounting, finance, and corporate governance outcomes in an international setting. This review focuses on...

We investigate the association between business strategy and firm-level tournament incentives in China and find that business strategy is associated with tournament incentives positively. We further find that this positive relationship manifests itself in local, but not central, state-owned...

Auditing as a corporate governance mechanism has attracted considerable research attention. Audit quality has come under increased scrutiny because of joint provision of audit and non-audit services (NAS). There are two competing hypothesis regarding the impact of NAS on financial reporting...

This paper examines empirically the effect of managerial ability on firm-level investment efficiency, and the joint effect of managerial ability and financial reporting quality on stock price crash risk conditional on level of investment. Using a managerial ability measure developed by Demerjian...

This paper investigates the impact of firm life cycle and moderating role of investor sentiment on corporate risk taking propensities. Using a large sample of US firms during 1987-2013, we find that corporate risk taking varies across the life cycle of the firm. In particular, using Dickinson...

Corporate life cycle has received considerable interest in the accounting, finance and corporate governance literature. We synthesize this literature to inform readers about the valuable insights gained from these studies, and to outline knowledge gaps and future research directions. Although...

This study examines the impact of financial statement comparability on corporate cash holdings. A greater degree of comparability lowers information acquisition costs, reduces the uncertainties associated with performance evaluation, and increases the overall quantity and quality of information...