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The unintended consequences of PCAOB auditing Standard Nos. 2 and 3 on the reliability of preliminary earnings releases
16 references·16 citing·37 second hopsampled
The unintended consequences of PCAOB auditing Standard Nos. 2 and 3 on the reliability of preliminary earnings releases (2010)The unintended consequences of PCAOB audi…The Effect of SOX Internal Control Deficiencies and Their Remediation on Accrual Quality (2008)The Effect of SOX Internal Co…Determinants of market reactions to restatement announcements (2003)Determinants of market reacti…Auditor Industry Specialization and Earnings Quality (2003)Auditor Industry Specializati…Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…Essays on disclosure (2001)Essays on disclosureEconometric Analysis of Cross Section and Panel Data (2001)Econometric Analysis of Cross…Capital markets research in accounting (2001)Capital markets research in a…The Role of Big 6 Auditors in the Credible Reporting of Accruals (1999)The Role of Big 6 Auditors in…Have Financial Statements Lost Their Relevance? (1999)Have Financial Statements Los…The Effect of Audit Quality on Earnings Management* (1998)The Effect of Audit Quality o…Earnings disclosures and stockholder lawsuits (1997)Earnings disclosures and stoc…Changes in the value-relevance of earnings and book values over the past forty years (1997)Changes in the value-relevanc…Why Firms Voluntarily Disclose Bad News (1994)Why Firms Voluntarily Disclos…Perceived Auditor Quality and the Earnings Response Coefficient (1993)Perceived Auditor Quality and…Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Cross-Sectional Determinants …Agency Problems, Auditing, and the Theory of the Firm: Some Evidence (1983)Agency Problems, Auditing, an…Firm Size, Profitability, Leverage as Determinants of Audit Report Lag: Evidence From Indonesia (2020)Firm Size, Profitability, Lev…The Effects of Audit Firms' Knowledge Sharing on Audit Quality and Efficiency (2019)The Effects of Audit Firms' K…Relative performance evaluation and the timing of earnings release (2019)Relative performance evaluati…Integration of Internal Control and Financial Statement Audits: Are Two Audits Better than One? (2018)Integration of Internal Contr…Audit personnel salaries and audit quality (2018)Audit personnel salaries and …A growing disparity in earnings disclosure mechanisms: The rise of concurrently released earnings announcements and 10-Ks (2018)A growing disparity in earnin…The impact of demographic characteristics of CEOs and directors on audit fees and audit delay (2015)The impact of demographic cha…The Impact of Audit Completeness and Quality on Earnings Announcement GAAP Disclosures (2015)The Impact of Audit Completen…Isomorphism and resistance in implementing IFRS 10 and IFRS 12 (2015)Isomorphism and resistance in…Financial Statement Complexity and Meeting Analysts’ Expectations (2015)Financial Statement Complexit…Did the PCAOB's Restrictions on Auditors' Tax Services Improve Audit Quality? (2015)Did the PCAOB's Restrictions …Determinants and implications of long audit reporting lags: evidence from China (2015)Determinants and implications…Office-Level Characteristics of the Big 4 and Audit Report Timeliness (2014)Office-Level Characteristics …Closing the Loop: Review Process Factors Affecting Audit Staff Follow-Through (2011)Closing the Loop: Review Proc…The Impact of Internal Audit Function Quality and Contribution on Audit Delays (2010)The Impact of Internal Audit …Regulating the Timing of Disclosure: Insights from the Acceleration of 10-K Filing Deadlines (2008)Regulating the Timing of Disc…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Earnings Management During Import Relief Investigations (1991)Do Nonaudit Services Compromise Auditor Independence? Further Evidence (2003)Exploring the Term of the Auditor-Client Relationship and the Quality of Earnings: A Case for Mandatory Auditor Rotation? (2003)The role of information and financial reporting in corporate governance and debt contracting (2010)Detecting Earnings Management (2012)The information content of losses (1995)The conservatism principle and the asymmetric timeliness of earnings1 (1997)The Boundaries of Financial Reporting and How to Extend Them (1999)The effect of international institutional factors on properties of accounting earnings (2000)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Disclosure of Nonproprietary Information (1985)The economic implications of corporate financial reporting (2005)Detecting Earnings Management. (1995)Audit committee, board of director characteristics, and earnings management (2002)A review of archival auditing research (2014)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Corporate social responsibility and access to finance (2013)The China Syndrome: Local Labor Market Effects of Import Competition in the United States (2013)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Judgment under Uncertainty: Heuristics and Biases (1974)Common risk factors in the returns on stocks and bonds (1993)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Investor Inattention and Friday Earnings Announcements (2009)Disclosure, Liquidity, and the Cost of Capital (1991)Disclosure level and the cost of equity capital. (1997)Costs of Equity and Earnings Attributes (2004)
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References

  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 1998The Effect of Audit Quality on Earnings Management*3,243 cited
  • 1993Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures2,643 cited
  • 2001Capital markets research in accounting2,575 cited
  • 2001Essays on disclosure2,478 cited
  • 1994Why Firms Voluntarily Disclose Bad News2,435 cited
  • 1999Have Financial Statements Lost Their Relevance?1,917 cited
  • 1997Changes in the value-relevance of earnings and book values over the past forty years1,788 cited
  • 1999The Role of Big 6 Auditors in the Credible Reporting of Accruals1,410 cited
  • 1983Agency Problems, Auditing, and the Theory of the Firm: Some Evidence1,288 cited
  • 2003Determinants of market reactions to restatement announcements1,259 cited
  • 2003Auditor Industry Specialization and Earnings Quality1,206 cited
  • 1993Perceived Auditor Quality and the Earnings Response Coefficient1,168 cited
  • 2008The Effect of SOX Internal Control Deficiencies and Their Remediation on Accrual Quality

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939 cited
  • 1997Earnings disclosures and stockholder lawsuits927 cited
  • Cited by

    • 2018Audit personnel salaries and audit quality127 cited
    • 2015Did the PCAOB's Restrictions on Auditors' Tax Services Improve Audit Quality?124 cited
    • 2015The impact of demographic characteristics of CEOs and directors on audit fees and audit delay123 cited
    • 2015Determinants and implications of long audit reporting lags: evidence from China114 cited
    • 2011Closing the Loop: Review Process Factors Affecting Audit Staff Follow-Through107 cited
    • 2018Integration of Internal Control and Financial Statement Audits: Are Two Audits Better than One?99 cited
    • 2018A growing disparity in earnings disclosure mechanisms: The rise of concurrently released earnings announcements and 10-Ks97 cited
    • 2019The Effects of Audit Firms' Knowledge Sharing on Audit Quality and Efficiency95 cited
    • 2008Regulating the Timing of Disclosure: Insights from the Acceleration of 10-K Filing Deadlines94 cited
    • 2014Office-Level Characteristics of the Big 4 and Audit Report Timeliness93 cited
    • 2020Firm Size, Profitability, Leverage as Determinants of Audit Report Lag: Evidence From Indonesia84 cited
    • 2015The Impact of Audit Completeness and Quality on Earnings Announcement GAAP Disclosures80 cited
    • 2015Financial Statement Complexity and Meeting Analysts’ Expectations75 cited
    • 2015Isomorphism and resistance in implementing IFRS 10 and IFRS 1268 cited
    • 2010The Impact of Internal Audit Function Quality and Contribution on Audit Delays65 cited
    • 2019Relative performance evaluation and the timing of earnings release63 cited