Audit Within the Corporate Governance Paradigm: A Cornerstone Built on Shifting Sand?

The Corporate Governance of Profit Shifting

The Corporate Governance Effects of Audit Committees

Arguments associated with the promotion of audit committees in many countries are premised on their potential for alleviating weaknesses in corporate governance. This paper provides a synthesis and evaluation of empirical research on the governance effects associated with audit committees. Given recent policy recommendations in several countries aimed at strengthening these committees, it is im...

The Effect of Corporate Governance Mechanisms on Audit Quality by Explaining the Intermediary Function of Auditor's Behavioral Components

The purpose of this study was to investigate the structural pattern of the effect of corporate governance mechanisms (internal organization) on audit quality considering the role of the intermediary variable of behavioural components of auditors. The statistical population of this research is independent auditors and auditors working in audit firms. A sample of 395 people was selected by simple...

The Potts model built on sand

We consider the q = 4 Potts model on the square lattice with an additional nonlocal interaction. That interaction arises from the choice of the reference measure taken to be the uniform measure on the recurrent configurations for the abelian sandpile model. In that reference measure some correlation functions have a power-law decay. We investigate the low-temperature phase diagram and we prove ...

The Corporate Governance Endgame –

This paper examines minority squeeze-outs and their regulation in Germany, a country where majority shareholders have extensively used this tool since its introduction in 2002. Using unique data on court rulings and compensations, we analyze a sample of 324 squeeze-outs of publicly listed companies from 2002 to 2011. Large firms with foreign large shareholders are the most likely to be delisted...