Purpose – This study aims to examine the combined effect of audit committee existence and external audit on earnings management. Design/methodology/approach – The paper uses ordinary least squares regression model to examine the effect of audit committee existence, external audit and the...

This paper provides a literature review about the impact of intangible assets on the design of corporate financial and governance policies. Intangible assets show a set of characteristics – namely, high levels of risk and uncertainty, firm-specificity, human capital intensity, low...

This study investigates the determinants of stock options grants to CEOs by Portuguese firms from 2003 to 2006. Using a sample of 155 observations, we find that the CEO's equity ownership, liquidity constraints, board composition and firm size significantly increase the probability that firms...