This study examines the role of corporate social responsibility (CSR) activities in a firm’s debt and equity financing decisions. We also examine the effects of CSR on the deb-equity choice for financially constrained and non-constrained firms. We find that high CSR firms tend to use more debt...

Travel time variability is increasingly being recognized as a major factor influencing travel decisions and, consequently, as an important performance measure in transportation management. In this research project, we examine a number of questions related to travel time variability: How should...

This study examines the impact of accounting comparability on financial reporting quality and the extent to which financial statement users understand the implications of firms' accruals. We predict that comparability improves the information environment, which not only enhances the ability of...

This study examines the effects of a prominent principles-based standard (SFAS-142, Goodwill and Other Intangible Assets) on financial statement comparability. Using non-goodwill-intensive firms as our control group, we implement a difference-in-differences research design to examine how...

Using a sample of U.S. firms from 2003 to 2018, we examine the effect of an audit client’s code of ethics quality on audit fees. We find that clients with a lower code of ethics quality pay significantly higher audit fees, suggesting that auditors perceive such clients as riskier and charge...