This study collates potential economic effects of mandated disclosure and reporting
standards for corporate social responsibility (CSR) and sustainability topics. We first outline …

We define higher audit quality as greater assurance of high financial reporting quality.
Researchers use many proxies for audit quality, with little guidance on choosing among …

This paper discusses the empirical literature on the economic consequences of disclosure
and financial reporting regulation, drawing on US and international evidence. Given the …

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 …

We study shock-based methods for credible causal inference in corporate finance research.
We focus on corporate governance research, survey 13,461 papers published between …

We study determinants of internal control reporting decisions under Section 404 of the
Sarbanes‐Oxley Act (SOX 404) using a sample of restating firms whose original …

We examine the relation between internal control quality and the accuracy of management
guidance. Consistent with managers in firms with ineffective internal controls relying on …

We find that over six hundred auditors with fewer than 100 SEC clients exit the market
following SOX. Compared to the non-exiting auditors, the exiting auditors are lower quality …

Abstract In April 2012, the Jumpstart Our Business Startups Act (JOBS Act) was enacted to
help revitalize the initial public offering (IPO) market, especially for small firms. During the …

This paper surveys the theoretical and empirical literature on the economic consequences of
financial reporting and disclosure regulation. We integrate theoretical and empirical studies …