About the Authors

Orhan Akisik is a lecturer at the Isenberg School of Management, University of Massachusetts at Amherst. He obtained his Ph.D. from the Stuttgart University in Germany. His main research interests include accounting regulation, financial development, economic growth, earnings management, executive compensation, audit fees, and corporate governance. He is the author of a book and has published in Research in Accounting in Emerging Markets, Emerging Markets Finance and Trade, International Journal of Accounting and Information Management, and Review of Accounting and Finance.

Héctor G. Bladuell is a Trial Attorney in the Civil Division of the U.S. Department of Justice. He was previously an attorney in private practice in Washington, DC, where he had experience with FCPA cases in Latin America. He has published in the Michigan Law Review and the Harvard Journal of Hispanic Policy. The views expressed in this article are his own and not those of the U.S. Department of Justice.

Aldo Leonardo Cunha Callado is an adjunct professor of management accounting with the Federal University of Paraíba Brazil. He has obtained a Ph.D. in 2010 from the Federal University of Rio Grande do Sul. He is focusing his research on corporate sustainability and performance measurement. His research has recently been published in InterScience Place, Revista Iberoamericana de Contabilidad de Gestión, Economia Global e Gestão, Advances in Scientific and Applied Accounting and Pasos.

Antônio André Cunha Callado is an associate professor of finance with the Federal Rural University of Pernambuco Brazil. He has obtained a Ph.D. in 2001 from the Federal University of Paraíba and a Ph.D. in 2009 from the Federal University of Pernambuco. He is also visiting research fellow with the University of Portsmouth. He is focusing his research on performance measurement of agribusiness companies and cost accounting. His research has recently been published in InterScience Place, Revista Iberoamericana de Contabilidad de Gestión, Economia Global e Gestão and Pasos.

Ricardo Colón is an assistant professor of accounting at Lamar University. He is also a Certified Public Accountant and an Attorney-at-law. Previously, he practiced public accounting in San Juan, Puerto Rico and worked as a tax attorney in Houston, TX. His previous work has been published in the Loyola University New Orleans Law Review and the Oil, Gas & Energy Quarterly. His research interests include topics in auditing, forensic accounting, business law and taxation.

Rodrigo de Souza Gonçalves is an associate professor at the Department of Accounting, University of Brasilia (Brazil). He has obtained a doctor degree in Accounting in 2011 from the same university. His research is focused on social disclosure in emerging economies and accountability in the public sector and public companies. He has recently published articles in Accounting & Finance Review (USP), Revista de Contabilidade e Organizações, Saúde & Sociedade, Advances in Scientific and Applied Accounting, and International Journal of Liability and Scientific Enquiry.

Elionor Farah Jreige Weffort is a professor at Fundação Escola de Comércio Alvares Penteado (Brazil). She holds a doctor degree in Accounting and an LL.B from the University of São Paulo (Brazil). She has eighteen years of experience as a consultant in law and accounting and fifteen years of teaching experience at both undergraduate and postgraduate levels. She has coordinated and participated on national and international research projects especially regarding Brazilian financial accounting, international comparative accounting, earnings management and frauds in financial accounting and corporate governance. She has published books, book chapters and several papers with emphasis on international accounting. She has also acted as board member and editor of scientific journals.

Eliseu Martins is professor emeritus of accounting at University of São Paulo – Brazil. He has obtained a Ph.D. in 1972 from University of São Paulo. He is member of advisory and fiscal committee and also he is member of board of directors for privates and governmental companies. He is former director of the Brazilian Securities and Exchanges Commission (Comissão de Valores Mobiliários – CVM), and former supervision director of Brazil’s Central Bank. His main research area is Financial Accounting.

Jorge Katsumi Niyama is full professor at the University of Brasilia (UnB), in Brazil. He holds a Doctor degree in Accounting from the University of São Paulo (Brazil) and he was a postdoctoral visiting scholar at the University of Otago (New Zealand). He has experience as senior consultant in banking supervision at the Central Bank of Brazil and twenty years of teaching experience at both undergraduate and postgraduate levels. He has spent ten years as Coordinator of the Master and Doctorate Programs in Accounting at UnB and he was also Director of ANPCONT – National Association of Graduate Programs in Accounting, Brazil (2007–2013). He is author and co-author of several books such as Contabilidade Internacional, Teoria Contábil and Contabilidade de Instituições Financeiras, all published by Editora Atlas (Brazil).

José Carlos Tiomatsu Oyadomari is an associate professor of management accounting at Mackenzie Presbiteryan University – São Paulo – Brazil. He has obtained a Ph.D. in 2008 from University of São Paulo. His current focus of research is on management accounting techniques and performance indicators using qualitative and quantitative methods. His research has recently been published in journals such as Advances in Accounting and International Journal of Economics and Accounting.

Edilson Paulo is an adjunct professor of accounting at Federal University of Paraíba (Brazil). He has obtained a Ph.D. in 2007 from University of São Paulo. He is editor of Advances in Scientific and Applied Accounting – ASAA (Brazil). He holds a research scholarship from the National Council for Scientific and Technological Development (CNPq), a government research funding agency in Brazil. He has published in several scientific journals such as Accounting & Finance Review (USP), Brazilian Business Review, and Brazilian Review of Finance. His main research area is Financial Accounting.

Diego dos Santos Pereira is a head of management accounting with Consulcamp Consulting and professor of PUC-Campinas. He has obtained Msc in 2013 from Mackenzie Presbiteryan University – São Paulo – Brazil.

Luiz Felipe de Araújo Pontes Girão is an assistant professor of accounting at Federal University of Paraíba – Brazil. He has obtained a Masters Degree in 2012 from University of Brasília, Federal University of Paraíba and Federal University of Rio Grande do Norte. His main research area is Valuation and Accounting Information for Capital Markets.

Otávio Ribeiro de Medeiros is a full professor of Finance at the Department of Accounting, University of Brasilia. He holds a Ph.D. in Economics from the University of Southampton (UK), and he was a postdoctoral visiting scholar at the Nottingham Trent University (UK). His research interests are applied financial econometrics and corporate finance. He holds a research scholarship from the National Council for Scientific and Technological Development (CNPq), a government research funding agency in Brazil. He has published in several scientific journals such as Accounting & Finance Review (USP), Brazilian Business Review, Brazilian Administration Review, and Brazilian Review of Finance.