An upward trajectory

Dean Jones to focus on 4 key pillars

Tax Avoidance: Does Tax-Specific Industry Expertise Make a Difference?

This study investigates whether the tax-specific industry expertise of the external audit firm influences its clients’ level of tax avoidance. Our results suggest that clients purchasing tax services from their external audit […]

The Pricing of National and City-Specific Reputations for Industry Expertise in the U.S. Audit Market

The pricing of Big 5 industry leadership in the U.S. audit market is investigated using audit fee disclosures for the 2000-2001 fiscal years and the joint national-city framework in Ferguson et al. […]

Impact of the SEC’s Public Fee Disclosure Requirement on Subsequent Period Fees and Implications for Market Efficiency

This study investigates the impact of the U.S. Securities and Exchange Commission’s (SEC) mandated public disclosure of audit fees on subsequent period audit pricing. Our theoretical model predicts that the initial public […]

Does the Threat of Private Litigation Increase the Usefulness of Reported Earnings? International Evidence

In this cross-border study, we document the usefulness of reported earnings as conditioned by varying levels of litigation risk. We focus on litigation risk, since Ball (2001) suggests that although litigation rights […]

Founding Family Ownership and Earnings Quality

This study investigates the relation between founding family ownership and earnings quality using data from the Standard & Poor’s 500 companies. Existing literature has documented that financial reporting is of higher quality […]

The Joint Effect of Investor Protection and Big 4 Audits on Earnings Quality Around the World

The association of a country’s investor protection regime with the quality of reported earnings is examined for a large sample of firms from 42 countries. Three attributes of earnings are evaluated: the […]

National and Office-Specific Measures of Auditor Industry Expertise and Effects on Audit Quality

Our paper examines whether audit quality is higher for industry audit specialists at the national and city office levels using the framework developed in Ferguson et al. [2003] and Francis et al. […]

Does Mandatory Adoption of IFRS Improve Accounting Quality? Preliminary Evidence

We provide evidence on the preliminary effects of mandatory adoption of International Financial Reporting Standards (IFRS) on accounting quality for a relatively broad set of firms from 20 countries that adopted IFRS […]

Does a Lack of Choice Lead to Lower Quality? Evidence from Auditor Competition and Client Restatements

We examine the relationship between auditor competition and the likelihood of financial restatements that occur as a result of failures in the application of generally accepted accounting principles (GAAP). Policy makers and […]