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Board Structure and Audit Committee Monitoring
16 references·16 citing·42 second hopsampled
Board Structure and Audit Committee Monitoring (2015)Board Structure and Audit Committee Monit…Accounting Conservatism and Board of Director Characteristics: an Empirical Analysis (2007)Accounting Conservatism and B…Audit Fees: A Meta‐analysis of the Effect of Supply and Demand Attributes* (2006)Audit Fees: A Meta‐analysis o…The Pricing of National and City-Specific Reputations for Industry Expertise in the U.S. Audit Market (2005)The Pricing of National and C…The costs of entrenched boards (2005)The costs of entrenched boardsAudit Committee Quality and Internal Control: An Empirical Analysis (2005)Audit Committee Quality and I…Fees Paid to Audit Firms, Accrual Choices, and Corporate Governance (2004)Fees Paid to Audit Firms, Acc…Earnings Manipulation Risk, Corporate Governance Risk, and Auditors' Planning and Pricing Decisions (2004)Earnings Manipulation Risk, C…Do External Auditors Perform a Corporate Governance Role in Emerging Markets? Evidence from East Asia (2004)Do External Auditors Perform …Board Characteristics and Audit Fees* (2002)Board Characteristics and Aud…Bankruptcy, boards, banks, and blockholders (1990)Bankruptcy, boards, banks, an…Audit Fees and Auditor Size: Further Evidence (1986)Audit Fees and Auditor Size: …Auditing, Consulting, and Auditor Independence (1984)Auditing, Consulting, and Aud…Separation of Ownership and Control (1983)Separation of Ownership and C…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…The Pricing of Audit Services: Theory and Evidence (1980)The Pricing of Audit Services…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…The desire of prestigious audit committee chairs: what are the benefits for financial reporting quality? (2023)The desire of prestigious aud…Overlapping membership between risk management committee and audit committee and bank risk-taking: Evidence from China (2023)Overlapping membership betwee…Impact of the audit committee on audit fees: A review and future research agenda (2023)Impact of the audit committee…Determining audit fees: evidence from the Egyptian stock market (2023)Determining audit fees: evide…Audit Committee Research: Where Do We Stand, and Where Do We Go from Here? (2023)Audit Committee Research: Whe…Risk Management Committee and Textual Risk Disclosure (2022)Risk Management Committee and…Board characteristics and demand for audit quality: a meta-analysis (2022)Board characteristics and dem…Voluntary audit committees, auditor selection and audit quality: evidence from Taiwan (2021)Voluntary audit committees, a…Risk Management Committee, Auditor Choice and Audit Fees (2021)Risk Management Committee, Au…Audit Committees and COVID-19-Related Disclosure Tone: Evidence from Oman (2021)Audit Committees and COVID-19…Audit committee chair overlap, chair expertise, and internal auditing practices: Evidence from Malaysia (2021)Audit committee chair overlap…Board governance mechanisms and sustainability reporting quality: A theoretical framework (2020)Board governance mechanisms a…Audit Committee Chair Attributes and Audit Report Lag in an Emerging Market (2020)Audit Committee Chair Attribu…Oversight of audit quality in the UK: insights into audit committee conduct (2017)Oversight of audit quality in…Expertise Rents from Insider Trading for Financial Experts on Audit Committees (2017)Expertise Rents from Insider …The Effects of Board Independence and CEO Duality on Firm Performance: Evidence from the NASDAQ-100 Index with Controls for Endogeneity (2016)The Effects of Board Independ…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and the Theory of the Firm (1980)Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature (2000)The Glass Cliff: Evidence that Women are Over‐Represented in Precarious Leadership Positions (2005)Corporate Social Responsibility as a Conflict Between Shareholders (2010)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud (1997)Audit committee, board of director characteristics, and earnings management (2002)Audit Committee Quality, Auditor Independence, and Internal Control Weaknesses (2006)The discovery and reporting of internal control deficiencies prior to SOX-mandated audits (2006)1 The Fundamental Agency Problem and Its Mitigation (2007)Auditor size and audit quality (1981)Audit Committee Composition and Auditor Reporting (2000)Does Auditor Quality and Tenure Matter to Investors? Evidence from the Bond Market (2004)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)A review of archival auditing research (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)Corporate governance in emerging markets: A survey (2012)Transparency, Liquidity, and Valuation: International Evidence on When Transparency Matters Most (2012)Corporate Governance in China: A Survey (2020)Management ownership and market valuation (1988)Higher market valuation of companies with a small board of directors (1996)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility (2011)Do women directors improve firm performance in China? (2013)Political Ideologies of CEOs (2013)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Can Big 4 versus Non-Big 4 Differences in Audit-Quality Proxies Be Attributed to Client Characteristics? (2010)Corporate governance, accounting and finance: A review (2010)Business Strategy, Financial Reporting Irregularities, and Audit Effort (2012)
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References

  • 1983Separation of Ownership and Control19,446 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1980The Pricing of Audit Services: Theory and Evidence2,841 cited
  • 2006Audit Fees: A Meta‐analysis of the Effect of Supply and Demand Attributes*1,652 cited
  • 1990Bankruptcy, boards, banks, and blockholders1,087 cited
  • 2004Do External Auditors Perform a Corporate Governance Role in Emerging Markets? Evidence from East Asia1,074 cited
  • 2005Audit Committee Quality and Internal Control: An Empirical Analysis1,056 cited
  • 1986Audit Fees and Auditor Size: Further Evidence994 cited
  • 2005The costs of entrenched boards985 cited
  • 2002Board Characteristics and Audit Fees*942 cited
  • 1984Auditing, Consulting, and Auditor Independence940 cited
  • 2004Fees Paid to Audit Firms, Accrual Choices, and Corporate Governance902 cited
  • 2007Accounting Conservatism and Board of Director Characteristics: an Empirical Analysis869 cited
  • 2005The Pricing of National and City-Specific Reputations for Industry Expertise in the U.S. Audit Market808 cited

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  • 2004Earnings Manipulation Risk, Corporate Governance Risk, and Auditors' Planning and Pricing Decisions711 cited
  • Cited by

    • 2020Board governance mechanisms and sustainability reporting quality: A theoretical framework57 cited
    • 2016The Effects of Board Independence and CEO Duality on Firm Performance: Evidence from the NASDAQ-100 Index with Controls for Endogeneity44 cited
    • 2017Oversight of audit quality in the UK: insights into audit committee conduct30 cited
    • 2017Expertise Rents from Insider Trading for Financial Experts on Audit Committees30 cited
    • 2021Audit committee chair overlap, chair expertise, and internal auditing practices: Evidence from Malaysia30 cited
    • 2021Audit Committees and COVID-19-Related Disclosure Tone: Evidence from Oman27 cited
    • 2022Board characteristics and demand for audit quality: a meta-analysis25 cited
    • 2022Risk Management Committee and Textual Risk Disclosure24 cited
    • 2023Audit Committee Research: Where Do We Stand, and Where Do We Go from Here?23 cited
    • 2020Audit Committee Chair Attributes and Audit Report Lag in an Emerging Market19 cited
    • 2023Overlapping membership between risk management committee and audit committee and bank risk-taking: Evidence from China19 cited
    • 2021Risk Management Committee, Auditor Choice and Audit Fees18 cited
    • 2023Determining audit fees: evidence from the Egyptian stock market18 cited
    • 2021Voluntary audit committees, auditor selection and audit quality: evidence from Taiwan17 cited
    • 2023Impact of the audit committee on audit fees: A review and future research agenda15 cited
    • 2023The desire of prestigious audit committee chairs: what are the benefits for financial reporting quality?14 cited