A large stream of research has analyzed the effects of corporate political connections
(CPCs) on firms, including first evidence on their effects on financial reporting behavior …

This paper studies the effect of the public disclosure of the Securities and Exchange
Commission (SEC) comment-letter reviews (CLs) on firms' financial reporting. We exploit a …

This study examines the impact of SEC comment letters on future financial reporting
outcomes and earnings credibility. Naïve Bayesian classification identifies comment letters …

We investigate whether reviews of transactional filings by the SEC unexpectedly constrain
SEC resources, leading to lower quality comment letters for periodic reports. The Sarbanes …

Prior research has found that greater information transparency is positively related to a lower
cost of debt. This paper studies the complementarity effect of the annual report comment …

We study the effects of visits by headquarters' managers on facility-level misconduct. These
visits are central to monitoring, but are difficult to observe for a large sample of firms. We use …

This study investigates the impact of non-punitive regulation on stock price crash risk. We
use the inquiry letter issued by the Shanghai Stock Exchange (SSE) and the Shenzhen …

Does enhanced regulatory transparency facilitate alignment of private and public
enforcement? Utilizing the SEC's 2004 decision to publicly disclose its comment letters, we …

As part of its goal to monitor and enhance the quality of information available to investors,
the SEC reviews companies' filings to ensure compliance with applicable financial reporting …

We examine drivers and consequences of US Department of Justice (DOJ) oversight of
whistleblower cases of corporate fraud against the government. We find that the DOJ is more …