in The Journal of Law, Economics, and Organization
November 2015; p ublished online June 2015 .
Journal Article. Subjects: Information, Knowledge, and Uncertainy; Corporate Governance; Mergers and Acquisitions; Corporate Regulation; Law and Economics; Accounting; Wages, Compensation, and Labour Costs. 13040 words.
This paper examines how performance-based compensation for managers influences their reporting behavior and the resulting stance auditors take when deciding whether to certify a manager’s...
The Disciplining Role of the Market Versus Government Regulation: The Case of Sarbanes–Oxley and the Earnings Quality of M&A Targets
in American Law and Economics Review
March 2013; p ublished online January 2013 .
Journal Article. Subjects: Mergers and Acquisitions; Accounting; Corporate Regulation. 11168 words.
This study examines whether and how the passage of the Sarbanes-Oxley Act (SOX) affected earnings quality, proxied by accrual measures, prior to mergers and acquisitions (M&A). Given that...
in The Review of Financial Studies
November 2007; p ublished online July 2007 .
Journal Article. Subjects: Law and Economics; Mergers and Acquisitions; Corporate Regulation; Corporate Governance; Accounting. 11776 words.
In certain circumstances, insider trades such as private transactions between executives and their firms could be disclosed after the end of the firm's fiscal year, on a Form-5 filing. We...
in Review of Finance
March 2016; p ublished online April 2015 .
Journal Article. Subjects: Corporate Governance; Corporate Regulation; Taxation, Subsidies, and Revenue; Accounting. 18405 words.
More transparent firms enjoy better access to finance, and also enable closer scrutiny by tax authorities and thus face a heavier tax burden, insofar as they are required to report the same...