The independence of an external auditor can be maintained by continuously changing auditors in accordance with applicable government regulations. This study aims to test the CEO turnover, audit committee characteristics, financial distress, KAP reputation, opinion and delay on switching. uses secondary data trade services companies listed Indonesia Stock Exchange 2017-2021. used a purposive sam...

Directors from academia served on the boards of around 40% of S&P 1,500 firms over the 1998–2011 period. This paper investigates the effects of academic directors on corporate governance and firm performance. We find that companies with directors from academia are associated with higher performance and this relation is driven by professors without administrative jobs. We also find that academic...

Stock prices are more informative when the information has less social value. Speculators with limited resources making costly (private) information production decisions must decide to produce information about some firms and not others. We show that producing and trading on private information is most profitable in the stocks of firms with poor corporate governance – precisely because it will ...

The CEO's reputation is a valuable intangible resource for firm. This study investigates the effect of on corporate governance efficiency. Using sample 3504 Chinese listed companies from 2002 to 2018, we find that built through donations reduces probability their forced turnover. stronger when firm/CEO has more media exposure and weaker firm's peer donate more. mechanism this makes it difficult...