Review of Accounting and Finance: Volume 7 Issue 1

Sarbanes‐Oxley compliance and violation: an empirical study

Elizabeth Webb

The purpose of this paper is to empirically examine the corporate governance and financial characteristics of firms under the new Sarbanes‐Oxley (SOX) accounting regime.

The value relevance of product diversification in commercial banks

Ahmed Ebrahim, Iftekar Hasan

The purpose of this paper is to assess the value relevance of product diversification in US commercial banks.

Discretionary behavior with respect to the adoption of SFAS no. 142 and the behavior of security prices

Yoonseok Zang

This study aims to examine whether managers use discretion in determining transitional goodwill impairment loss (initial impairment loss or IIL) upon the adoption of SFAS no. 142…

Insiders' timing ability and disclosure on corporate share buyback trading

Jaemin Kim, Nikhil Varaiya

Due to insufficient disclosure on open market share repurchases in the USA, at any given point in time, outside shareholders have no knowledge of whether their firm is executing…

Income shifting and corporate taxation: the role of cross‐border intrafirm transfers

Kingsley O. Olibe, Zabihollah Rezaee

The purpose of this paper is to examine the cross‐sectional relation between the value of cross‐border intrafirm transfers (CITs) and three dependent variables: return on…

Adjustment of stock prices to earnings announcements: evidence from Euronext Paris

Waël Louhichi

The aim of this paper is to study both the information content of accounting figures and the speed at which the new information is incorporated into stock prices.