We review accounting and finance research on corporate governance (CG). In the course of
our review, we focus on a particularly vexing issue, namely endogeneity in the relationships …

Over the past two decades, the corporate governance literature in accounting and auditing
has grown rapidly. To better understand this body of work, we discuss 12 recent literature …

Governance regulators currently place great emphasis on ensuring the presence of financial
expertise on audit committees (Sarbanes-Oxley, 2002; UK Corporate Governance Code …

Corporate governance (CG) research has largely focused on internal governance
mechanisms (ie the board of directors, controlling owners, and managerial incentives) …

Abstract The United Kingdom has recently required an expanded auditor's report for large
public companies. We investigate whether this requirement is associated with an increase in …

New regulation in the European Union has introduced the mandatory disclosure of key audit
matters (KAM s) to audit reports. The EU has identified KAM s as significant risks, significant …

This study was conducted to analyse the influence of auditor and client characteristics on the
magnitude and type of key audit matters (KAM) disclosed in the audit reports of the FTSE …

This paper provides a meta‐analysis of the determinants of audit report lag, defined as the
period between a company's fiscal year end and the audit report date. We group the meta …

This study examines whether differences in proxies for audit quality between Big 4 and non-
Big 4 audit firms could be a reflection of their respective clients' characteristics. In our …

We examine the impact of social capital on audit fees. We find that firms headquartered in
US counties with high social capital pay lower audit fees. Social capital measures the level …