Does Global Outsourcing Affect Corporate Customers’ Voluntary Disclosures?

We investigate whether audit committees use voluntary disclosures to signal the committees’ higher level of involvement in the audit partner-selection process, which contributes to higher levels of audit quality. Audit committees more involved in the partner-selection process should ensure the selection of a more rigorous partner. We test this conjecture by first identifying partners new to audit engagements. We then compare audit quality for companies whose audit committees disclose involvement in the selection of the new partner to those without this disclosure. We find that this disclosure is positively associated with audit quality (measured using discretionary accruals, misstatements, and meeting consensus analyst forecasts by a very small margin). Our results are more salient for complex companies and those with powerful audit committees. These findings highlight that audit committees use their disclosures to signal involvement in the partner-selection process and are relevant to the Securities and Exchange Commission.

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Modernization and multipurpose arenas: providing context for tomorrow

Sport Business and Management An International Journal ◽

10.1108/sbm-04-2020-0035 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Benjamin Joseph Downs ◽

Chad Stephen Seifried

Keyword(s):

Sport Management ◽

New Technologies ◽

Modernization Theory ◽

Design History ◽

Managerial Decision ◽

Content Type ◽

Historical Factors ◽

History Of ◽

Corporate Customers ◽

Design And Construction

PurposeThe purpose of this paper is to identify the historical factors that influenced the design and construction of modern National Hockey League and National Basketball Association arenas between 1990 and 2018. Additionally, this paper seeks to index the characteristics of those modern arenas while forwarding reasonable, informed propositions for future multipurpose arena design.Design/methodology/approachThe historical methodology was applied to the design and construction of modern multipurpose arenas between 1990 and 2018. Modernization theory was utilized as an organizing construct to understand the intentional managerial actions to capitalize on consumer expectations by responding to economic and technological changes.FindingsSport managers responded to decreased median family incomes during the period of the study by building arenas with increasingly commodified spaces and amenities targeting wealthy and corporate customers. New technologies were adopted within facilities to meet the needs and expectations of in-venue and remote consumers.Practical implicationsIn addition to demonstrating the practical utility of modernization theory and applied history for sport management scholars and practitioners, particularly in the Western context, the present study provides a series of propositions for future sport managers to consider to maintain or establish institutional advantage in the arena marketplace.Originality/valueThe paper contributes to the sport management literature by demonstrating the utility of modernization theory and applied history for sport management. In examining the design history of modern multipurpose arenas, the paper identifies the characteristics of modern multipurpose arenas while demonstrating the importance of understanding context and intentionality in managerial decision making.

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Voluntary disclosures by family French firms

International Journal of Business Governance and Ethics ◽

10.1504/ijbge.2021.112345 ◽

2021 ◽

Vol 15 (1) ◽

pp. 81

Author(s):

Meriem Jouirou

Keyword(s):

Voluntary Disclosures

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