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 …

Organizational misconduct has substantial effects on the well-being of a firm and its
stakeholders. As this body of work has grown, organizational scholars have devoted …

We investigate the relationship between audit fees and subsequent financial statement
restatements in the years following the Sarbanes-Oxley Act of 2002 (SOX). After controlling …

The likelihood and speed of forced CEO turnover–but not voluntary turnover–are positively
related to a firm's earnings management. These patterns persist in tests that consider the …

This paper examines why CFOs become involved in material accounting manipulations. We
find that while CFOs bear substantial legal costs when involved in accounting …

This study examines the conditions under which financial restatements lead corporate
boards to dismiss external auditors and how the market responds to those dismissal …

This paper examines the consequences of accounting scandals to top management, top
financial officers and outside auditors. We examine a sample of 518 US public companies …

If an organization's management is caught in the act of misconduct, it may call for a changing
of the guard. Surprisingly, though, there is little empirical evidence examining the presumed …

We investigate whether CEOs around the world are held accountable for stakeholder-
related corporate misbehavior. The likelihood of CEO turnover increases significantly when …

This paper examines whether financial restatements are associated with subsequent auditor
changes. A financial restatement represents a breakdown in a company's financial reporting …