Roger D. Martin

TL;DR: This paper found that experts' evaluations of financial reporting quality are more strongly associated with their assessments of characteristics underlying reporting quality (e.g., relevance) espoused in Statement of Financial Accounting Concepts No. 2's framework than literates' evaluations.

TL;DR: In this paper, ranked earnings surprise portfolios formed from First Call files for 1992-97 were used to assess the annual earnings surprise magnitude for an individual firm sufficient to expect a significant market reaction.

TL;DR: In this paper, the authors synthesize relevant academic literature to offer insights, conclusions, and future research directions for auditors, standard setters, and academics focusing on auditing FVMs.

TL;DR: In this paper, the authors examine whether this switching activity has resulted in changes in the risk characteristics of publicly traded clients of second-tier audit firms, and they find that Second Tier firms are accepting clients with potentially increased audit and client business risk characteristics relative to their existing client base.

TL;DR: In this paper, the authors assess the conditions under which auditor resignations reduce uncertainty about the quality of financial reporting of former and continuing clients of the resigning auditor and find no stock market effect for the remaining firms (i.e., three-quarters of their sample) for which the auditor resignation announcements are "unexplained", suggesting that the act of resignation, by itself, is not informative.