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The purpose of this paper is to study whether auditor independence reforms introduced in 2004 led to an enhancement in earnings quality in the post-reform era.

This study predicts that as the cost of compliance will vary based on a firm's existing corporate governance regime and the level of external scrutiny (monitoring) it faces, we compare the earnings quality of a sample of “established” (S&P/ASX 100) to a sample of “emerging” (S&P/ASX Small Ordinaries Index) firms. The paper examines the reporting behaviour of the two groups of listed entities, covering the regulatory change period 2003-2006. The paper uses regression modelling to test the associations between increased audit independence, earnings quality and corporate governance mechanisms over the pre- and post-regulatory period.

The paper's results confirm that earnings quality for the established firms was enhanced in the post-reform period; while this was not the case for emerging firms. The evidence also suggests that corporate governance mechanisms of board independence and board financial skill are associated with higher earnings quality; while the higher the concentration of insider firm ownership is associated with lower earnings quality.

This study provides policy makers with evidence as to changes in reporting behaviour following law reform aimed at strengthening auditor independence.

The studies on earnings quality are informed by the US market practices. Australia provides a unique setting through its auditor independence reforms to examine the impact of reform choices. This study also investigates two specific subsets of the market: established firms and emerging firms.

Innovation is an engine that drives the organization and allows it to outcompete in the economic environment. This paper aims to analyze scientific publications between 1980 and January 2021 concerning innovation indicators at organizational and individual levels. The study identifies 11 unique indicators to evaluate innovation, thus enhancing existing knowledge in the domain.

A total of 175 randomly selected journal articles were systematically analyzed.

While innovation has received significant attention in the commercial sector, the focus on the construct in academic research has remained relatively narrow. The analysis offers a comprehensive view of innovation drivers at an organizational and individual level.

The literature review offers a deeper understanding of the indicators of innovation impacting organizational performance.

The analysis and methodology discussed aim to assist managers, researchers and policymakers in comprehending the various innovation indicators; such understanding may enhance individual and organizational efficiency.

This issue is a selected bibliography covering the subject of leadership.