Review of Accounting and Finance: Volume 8 Issue 3

Sarbanes‐Oxley Act, perceived earnings quality and cost of capital

Hsihui Chang, Guy D. Fernando, Woody Liao

The purpose of this paper is to investigate the impact of the Sarbanes‐Oxley Act (SOX) on market‐based measures of earnings quality and cost of capital.

The association between audit fees and reported earnings quality in pre‐ and post‐Sarbanes‐Oxley regimes

Santanu Mitra, Donald R. Deis, Mahmud Hossain

The purpose of this paper is to examine the empirical association between expected and unexpected audit fees and reported earnings quality for a sample of Big 4(5) client…

Disclosure channel and cost of capital: evidence from open vs closed conference calls

Yijiang Zhao, Michael Davis, Kevin T. Berry

The purpose of this paper is to examine the effect on the cost of capital of increased disclosure that reduces information asymmetry among market participants.

Systematic liquidity and excess returns: evidence from the London Stock Exchange

Emilios C. Galariotis, Evangelos Giouvris

The purpose of this paper is to test whether the 2007 identification of commonality in liquidity by Galariotis and Giouvris for the UK is robust to different methodological…

Does cross listing in the USA really enhance the value of emerging market firms?

Thomas G. O'Connor

The purpose of this paper is to study the valuation effects of cross listing in the USA for a panel of emerging market firms over the period from 1990 to 2003.