Review of Accounting and Finance: Volume 4 Issue 3

Corporate Governance Factors and Auditor Going Concern Assessments

Susan Parker, Gary F. Peters, Howard F. Turetsky

When making going concern assessments, Statement on Auditing Standards No. 59 (Auditing Standards Board 1988) directs auditors to consider the nature of management's plans and…

Change in Bid‐Ask Spread Around Earnings Announcements of U.S. — Listed Foreign Firms

Kam C. Chan, Chunyan Li

Prior studies find increased bid‐ask spread around earnings announcements of U.S. firms. These findings show that increased adverse selection cost is the dominant factor affecting…

A Market‐Based Examination of Revenue and Liability Recognition: Evidence from the Publishing Industry

Mark P. Bauman

This study examines the market valuation of the unearned revenue liability reported by a sample of newspaper and magazine publishers. The evidence indicates that stock prices…

Voluntary Earnings Disclosures and Corporate Governance: Evidence from France

Faten Lakhal

The primary objective of this paper is to study the relationship between voluntary earnings disclosures and a combined set of corporate governance attributes in France. We use…

Performance Measurement in Corporate Governance: Do Mergers Improve Managerial Performance in the Post‐Merger Period?

Ehsan H. Feroz, Sungsoo Kim, Ray Raab

Corporate finance studies of mergers and acquisitions have relied mostly on stock price reactions to evaluate the impact of these events. In this paper, we analyze the performance…

Takeovers, Ownership, and Shareholder Wealth — The Australian Evidence

Chander Shekhar, Violet Torbey

We examine the relationship between value, ownership, and governance structures for a set of acquisitions by Australian companies over the period of 1994–2001. We find that the…