Purpose: Although short selling has been legalized in China for nearly 10 years, due to the existence of short-sale constraints, its impact on corporate governance of listed companies remains unclear. This paper aims to examine the impact of short-sale refinancing on earnings quality after the...

Purpose: The purpose of this paper is to examine whether client industry importance affects auditor independence. Design/methodology/approach: This study analyzes audit firm merger data from China Stock Market and Accounting Research and uses a difference-in-difference model to find whether...

Purpose – The paper aims to examine whether or not firms voluntarily filing in XBRL (eXtensible Business Reporting Language) format enjoy a lower cost of capital. XBRL, or “interactive data” as the US Securities and Exchange Commission refers to it, is an information format that enables...

The Roman Holiday Pizza Paradise case provides an audit setting that requires students to understand and perform procedures related to the audit of a fair value estimate in connection with the impairment of an unusual intangible asset, reacquired franchise rights, in the pizza restaurant...

We investigate whether or not a firm's corporate social responsibility (CSR) activities influence analysts' behavior. CSR is concerned with the impact of corporations' present actions on the ecosystems, societies, and environments of the future and includes both positive and negative attributes....