Recent research suggests that geographic distance is associated with information asymmetry and performance, but it is not clear why this is so. In this study, we examine the effects of geographic distance on monitoring quality in the context of the U.S. audit market. Auditors operate under...

We provide evidence on how responsibility-shifting through delegation occurred in China's implementation of the one-child policy. We show that trust in local governments was reduced when they were the primary enforcer of the policy (1979-1990), while trust in neighbors was reduced when civilians...