The Riskiness of Large Audit Firm Client Portfolios and Changes in Audit Liability Regimes: Evidence from the U.S. Audit Market

Jong-Hag Choi, Rajib K. Doogar, and Ananda R. Ganguly

Abstract   Executive Summary   

Discussion of “The Riskiness of Large Audit Firm Client Portfolios and Changes in Audit Liability Regimes: Evidence from the U.S. Audit Market”

Mark L. DeFond

Non–Information-Based Trading: An Empirical Analysis

Alex Dontoh, Suresh Radharkrishnan, and Joshua Ronen

Abstract   Executive Summary   

Nonaudit Services and Earnings Management: U.K. Evidence

Michael J. Ferguson, Gim S. Seow, and Danqing Young

Abstract   Executive Summary   

Joint Tests of Signaling and Income Smoothing through Bank Loan Loss Provisions

Kiridaran Kanagaretnam, Gerald J. Lobo, and Dong-Hoon Yang

Abstract   Executive Summary   

The Walk-down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives

Scott Richardson, Siew Hong Teoh, and Peter D. Wysocki

Abstract   Executive Summary   

Managers’ Commitment to the Goals Contained in a Strategic Performance Measurement System

R. Alan Webb

Abstract   Executive Summary   

Discussion of “Managers’ Commitment to the Goals Contained in a Strategic Performance Measurement System”

Joan L. Luft