We examine the effects of clients' involvement in controversial corporate activities on audit pricing. Clients' involvement in controversial activities raises concerns about management integrity and ethics. Moreover, clients involved in such activities are perceived to have higher risk of...

We use a setting of overlapping conference calls, which is when multiple calls occur at the same time for firms covered by the same analyst, to examine analysts’ limited attention on managers’ voluntary disclosure choices. We first confirm that analysts have a lower participation rate during...