... coverage and media attention. Findings Ex ante disclosure of auditor identity elicits positive market reactions, moderated by information acquisition costs. Responses to high-quality auditors, especially audit partners, are strongest when directly disclosed, weaken with low-cost search...

..., their impact on shareholder control and market liquidity, and the diverse market responses across different jurisdictions. Significant inconsistencies in theoretical explanations and empirical results are highlighted, particularly regarding the underwriting processes and the market’s reaction to announcements...

...Daniel Cahill; Zhangxin (Frank) Liu; Theresa Santoso Purpose This study investigates the relationship between media and social media sentiment and the likelihood of CEO pay cuts. The purpose is to examine whether and how these pay cuts influence market reactions. The study aims to provide insights...

...Cédric Poretti; Alain Schatt; Liesbeth Bruynseels We examine whether the percentage of independent members sitting on the audit committee, in different institutional settings, impacts the market reaction (measured by the abnormal stock returns variance and the abnormal trading volume) to earnings...