Browsing BI Open by Author "Hope, Ole-Kristian"

Now showing items 1-20 of 23

    • Agency conflicts and auditing in private firms 

      Hope, Ole-Kristian; Langli, John Christian; Thomas, Wayne B. (Journal article; Peer reviewed, 2012)
      We are interested in understanding how agency conflicts in private firms arise through ownership structures and family relationships. Specifically, we analyze auditors’ increase of effort and firms’ choice of auditors ...

    • Analyst teams 

      Fang, Bingxu; Hope, Ole-Kristian (Journal article; Peer reviewed, 2020)
      This paper examines the impact of teamwork on sell-side analysts’ performance. Using a hand-collected sample of over 50,000 analyst research reports, we find that analyst teams issue more than 70% of annual earnings ...

    • Audit-Firm Profitability: Determinants and Implications for Audit Outcomes 

      Chen, Jeff Zeyun; Elemes, Anastasios; Hope, Ole-Kristian; Yoon, Aaron S. (Peer reviewed; Journal article, 2023)
      We use a novel dataset that links audit-firm and client-firm financial statement information from the U.K.’s largest audit firms to examine drivers of audit-firm profitability and its implications for audit outcomes. We ...

    • Auditor independence in a private firm and low litigation risk setting 

      Hope, Ole-Kristian; Langli, John Christian (CCGR Working Paper, Working paper, 2007)
      We examine the issue of auditor independence in a unique setting. Specifically, we test for auditor independence impairment among (1) private client firms for which the risk of auditor reputation loss is lower than for ...

    • Capital market liberalization and auditors’accounting adjustments: Evidence from aquasi-experiment 

      Deng, Yingwen; Hope, Ole-Kristian; Wang, Cyndia; Zhang, Min (Peer reviewed; Journal article, 2021)
      Using a shock to the Chinese capital market and unique and detailed audit-adjustment data, this paper investigates the effect of a capital market liberalization program on auditors’ adjustments to their clients’ financial ...

    • China's Anti-Corruption Campaign and Financial Reporting Quality 

      Hope, Ole-Kristian; Yue, Heng; Zhong, Qinlin (Journal article; Peer reviewed, 2020)
      We examine the impact of China's anti‐corruption campaign on firm‐level financial reporting quality (FRQ). As an important component of the anti‐corruption campaign, in October 2013, “Rule 18” was issued to prohibit party ...

    • Director compensation and related party transactions 

      Hope, Ole-Kristian; Lu, Haihao; Saiy, Sasan (Journal article; Peer reviewed, 2019)
      This paper examines whether independent directors’ compensation is associated with related party transactions. We focus both on directors’ total compensation and their equity-based compensation. Employing hand-collected ...

    • Does stock liquidity shape voluntary disclosure? Evidence from the SEC tick size pilot program 

      Hope, Ole-Kristian; Liu, Junhao (Peer reviewed; Journal article, 2022)
      Employing the SEC Tick Size Pilot Program, which increases the minimum trading unit of a set of randomly selected small-capitalization stocks, we examine whether and how an exogenous change in stock liquidity affects ...

    • Economic consequences of corporate governance disclosure: Evidence from the 2006 SEC regulation on related-party transactions 

      Hope, Ole-Kristian; Lu, Haihao (Journal article; Peer reviewed, 2020)
      This paper examines economic consequences of a 2006 Securities and Exchange Commission regulation that mandated public firms to disclose their governance policies on related-party transactions (RPTs). Employing hand-collected ...

    • The effects of MiFID II on sell-side analysts, buy-side analysts, and firms 

      Fang, Bingxu; Hope, Ole-Kristian; Huang, Zhongwei; Moldovan, Rucsandra (Journal article; Peer reviewed, 2020)
      This paper provides early but broad empirical evidence on MiFID II, which requires investment firms to unbundle investment research from other costs they charge to clients. Employing difference-in-differences matched-sample ...

    • Government procurement and financial statement certification: Evidence from private firms in emerging economies 

      Hope, Ole-Kristian; Jiang, Shushu; Vyas, Dushyantkumar (Journal article; Peer reviewed, 2021)
      In this paper, we examine the monitoring role of government customers in emerging markets, a setting where public procurement is significant but the procurement institutions are weak. In these countries, financial statement ...

    • Government transparency and firm-level operational efficiency 

      Hope, Ole-Kristian; Jiang, Shushu; Vyas, Dushyantkumar (Journal article; Peer reviewed, 2021)
      We examine the informational role of governments in the private sector in emerging economies. Using a large sample of private firms, we show that governments’ ability and willingness to collect and disseminate economic ...

    • Happy analysts 

      Hope, Ole-Kristian; Li, Congcong; Lin, An-Ping; Rabier, MaryJane (Journal article; Peer reviewed, 2020)
      This paper is thefirst to investigate the role of work-life balance infinancial analysts’performance andcareer advancement. Using a large sample of Glassdoor reviews byfinancial analysts, wefind a significantnon-linear ...

    • Health Insurer Bargaining Power and Firms’ Incentives to Manage Earnings: Evidence From an Economic Shock 

      Bova, Francesco; Dou, Yiwei; Hope, Ole-Kristian (Journal article; Peer reviewed, 2019)
      Health insurance premiums account for a significant portion of the cost base of U.S. corporations. A recent study finds that health insurance premiums increase for firms that experience positive profit shocks, suggesting ...

    • How Big-4 Firms Improve Audit Quality 

      Langli, John Christian; Hope, Ole-Kristian; Che, Limei (Journal article; Peer reviewed, 2019)
      This paper studies whether and how Big-4 firms provide higher-quality audits than non-Big-4 firms. Specifically, we first examine a Big-4 effect and then explore three sources of the Big-4 effect. To test the Big-4 effect, ...

    • Information Quality and Workplace Safety 

      Hope, Ole-Kristian; Wang, Danye; Yue, Heng; Zhao, Jianyu (Journal article; Peer reviewed, 2022)
      This paper examines the effect of internal information quality on workplace safety. Using establishmentlevel data on workplace injuries from the Occupational Safety and Health Administration (OSHA) and employing a strict ...

    • Information sharing between mutual funds and auditors 

      Hope, Ole-Kristian; Rao, Pingui; Xu, Yanping; Yue, Heng (Peer reviewed; Journal article, 2022)
      This paper examines whether there is information sharing between mutual funds and their auditors about the auditors’ other listed firm clients. Using data from the Chinese market, we find that mutual funds earn higher ...

    • Is silence golden sometimes? Management guidance withdrawals during the COVID-19 pandemic 

      Hope, Ole-Kristian; Li, Congcong; Ma, Mark Shuai; Su, Xijiang (Peer reviewed; Journal article, 2022)
      The many management guidance withdrawals during the COVID-19 pandemic have attracted considerable attention from the media, investors, and regulators. This study analyzes the determinants and consequences of these withdrawals. ...

    • Peer-level analyst transitions 

      Hope, Ole-Kristian; Su, Xijiang (Journal article; Peer reviewed, 2021)
      This study examines the effect of peer-level analyst transitions (i.e., switching between brokerage houses) on associated regular incumbent analysts' forecasting performance. We employ a difference-in-differences research ...

    • Real effects of auditor conservatism 

      Chy, Mahfuz; Hope, Ole-Kristian (Peer reviewed; Journal article, 2021)
      We examine the effect of auditor conservatism on corporate innovation. We hypothesize that, because conservative auditors constrain income-increasing accounting discretion, managers may sacrifice long-term investments in ...