We examine the relationship between audit committee directors' unequal allocation of attention to multiple directorships and firms' earnings management. We find that firms with a greater proportion of audit committee directors for whom the directorship is more important than their other...

Masulis and Mobbs (2014, 2015) find that independent directors with multiple directorships allocate their monitoring effort unequally based on a directorship's relative prestige. We investigate whether bank loan contract terms reflect such unequal allocation of directors' monitoring effort. We...

How should taxpayers who have not complied with their Chinese tax obligations voluntarily correct their tax affairs? Many countries have adopted tax amnesties and voluntary disclosure procedures for that purpose. Unlike those countries, China does not have nationwide voluntary disclosure...