Mark L. DeFond

University of Southern California - Leventhal School of Accounting

Professor

Accounting Building, Room 206

Los Angeles, CA 90089-0441

United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

SCHOLARLY PAPERS

28

DOWNLOADS
Rank 1,206

SSRN RANKINGS

Top 1,206

in Total Papers Downloads

27,851

SSRN CITATIONS
Rank 980

SSRN RANKINGS

Top 980

in Total Papers Citations

720

CROSSREF CITATIONS

478

Scholarly Papers (28)

1.

Do Non-Audit Service Fees Impair Auditor Independence? Evidence from Going-Concern Audit Opinions

USC Leventhal School of Accounting
Number of pages: 41 Posted: 22 Jan 2002
Mark L. DeFond, Kannan Raghunandan and K.R. Subramanyam
University of Southern California - Leventhal School of Accounting, Florida International University (FIU) - School of Accounting and University of Southern California - Leventhal School of Accounting
Downloads 4,520 (2,417)
Citation 131

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Non-audit services; Audit fees; Audit markets

2.

A Review of Archival Auditing Research

Number of pages: 134 Posted: 20 Mar 2014 Last Revised: 05 Sep 2014
Mark L. DeFond and Jieying Zhang
University of Southern California - Leventhal School of Accounting and The University of Texas at Dallas
Downloads 2,854 (5,335)
Citation 290

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3.
Downloads 2,405 ( 7,047)
Citation 25

An Empirical Analysis of Analysts' Cash Flow Forecasts

USC Leventhal School of Accounting Working Paper
Number of pages: 38 Posted: 04 Apr 2001
Mark L. DeFond and Mingyi Hung
University of Southern California - Leventhal School of Accounting and Hong Kong University of Science & Technology (HKUST)
Downloads 2,405 (6,921)
Citation 25

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analysts' forecasts, cash flows

An Empirical Analysis of Analysts' Cash Flow Forecasts

Posted: 29 Jan 2003
Mark L. DeFond and Mingyi Hung
University of Southern California - Leventhal School of Accounting and Hong Kong University of Science & Technology (HKUST)

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analysts' forecasts, cash flows, earnings' usefulness

Does the Market Value Financial Expertise on Audit Committees of Boards of Directors?

Number of pages: 45 Posted: 11 Feb 2004
Mark L. DeFond, Rebecca N. Hann and Xuesong Hu
University of Southern California - Leventhal School of Accounting, University of Maryland - Robert H. Smith School of Business and University of Oregon - Department of Accounting
Downloads 1,702 (12,144)
Citation 16

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Sarbanes-Oxley, Audit Committee, Financial Expert, Corporate Governance, Boards of Directors

Does the Market Value Financial Expertise on Audit Committees of Boards of Directors?

Journal of Accounting Research, Vol. 43, pp. 153-193, May 2005
Number of pages: 41 Posted: 08 May 2006
Mark L. DeFond, Rebecca N. Hann and Xuesong Hu
University of Southern California - Leventhal School of Accounting, University of Maryland - Robert H. Smith School of Business and University of Oregon - Department of Accounting
Downloads 20 (649,181)
Citation 26
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5.

The Impact of Improved Auditor Independence on Audit Market Concentration in China

Number of pages: 56 Posted: 30 Oct 1999
Mark L. DeFond, T.J. Wong and Shuhua Li
University of Southern California - Leventhal School of Accounting, University of Sothern California and China Securities Regulatory Commission
Downloads 1,637 (13,151)
Citation 33

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Voluntary Disclosure of Balance Sheet Information in Quarterly Earnings Announcements

Number of pages: 35 Posted: 10 Jun 2000
Shuping Chen, Mark L. DeFond and Chul W. Park
University of Texas at Austin - Red McCombs School of Business, University of Southern California - Leventhal School of Accounting and The University of Hong Kong - School of Business
Downloads 1,407 (16,385)
Citation 17

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Capital markets, voluntary disclosure

Voluntary Disclosure of Balance Sheet Information in Quarterly Earnings Announcements

Posted: 04 Dec 2001
Shuping Chen, Mark L. DeFond and Chul W. Park
University of Texas at Austin - Red McCombs School of Business, University of Southern California - Leventhal School of Accounting and The University of Hong Kong - School of Business

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Capital markets; Voluntary disclosure

7.

Does PSM Really Eliminate the Big N Audit Quality Effect?

Marshall School of Business Working Paper No. ACC 02.14
Number of pages: 48 Posted: 27 Jul 2014 Last Revised: 10 Mar 2016
Mark L. DeFond, David H. Erkens and Jieying Zhang
University of Southern California - Leventhal School of Accounting, Georgetown University - Robert Emmett McDonough School of Business and The University of Texas at Dallas
Downloads 1,379 (17,244)
Citation 7

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Big N auditors, Audit quality, Matching

8.

Awareness of SEC Enforcement and Auditor Reporting Decisions

Contemporary Accounting Research, Forthcoming
Number of pages: 62 Posted: 23 Jul 2016 Last Revised: 02 Aug 2017
Mark L. DeFond, Jere R. Francis and Nicholas Hallman
University of Southern California - Leventhal School of Accounting, Maastricht University and University of Texas at Austin
Downloads 1,303 (18,725)
Citation 17

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9.

Investor Protection and the Information Content of Annual Earnings Announcements: International Evidence

Journal of Accounting and Economics, Forthcoming
Number of pages: 46 Posted: 17 Sep 2004
Mark L. DeFond, Mingyi Hung and Robert Trezevant
University of Southern California - Leventhal School of Accounting, Hong Kong University of Science & Technology (HKUST) and University of Southern California - Leventhal School of Accounting
Downloads 1,287 (19,065)
Citation 11

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Cross-country event study, Earnings announcement, Price reaction

The Impact of Mandatory IFRS Adoption on Foreign Mutual Fund Ownership: The Role of Comparability

SCU Leavey School of Business Research Paper No. 09-06
Number of pages: 48 Posted: 15 Sep 2009 Last Revised: 17 May 2011
Mark L. DeFond, Xuesong Hu, Mingyi Hung and Siqi Li
University of Southern California - Leventhal School of Accounting, University of Oregon - Department of Accounting, Hong Kong University of Science & Technology (HKUST) and Santa Clara University - Leavey School of Business
Downloads 1,263 (19,290)
Citation 56

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Mandatory IFRS adoption, financial statement comparability, cross-border investment

The Impact of Mandatory IFRS Adoption on Foreign Mutual Fund Ownership: The Role of Comparability

Journal of Accounting & Economics (JAE), Vol. 51, No. 3, 2011
Posted: 16 May 2011
Mark L. DeFond, Xuesong Hu, Mingyi Hung and Siqi Li
University of Southern California - Leventhal School of Accounting, University of Oregon - Department of Accounting, Hong Kong University of Science & Technology (HKUST) and Santa Clara University - Leavey School of Business

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Comparability, Uniformity, IFRS, Mutual Funds, Foreign Investment

11.

Investor Protection and Corporate Governance: Evidence from Worldwide Ceo Turnover

Journal of Accounting Research, Forthcoming
Number of pages: 64 Posted: 21 Aug 2003
Mark L. DeFond and Mingyi Hung
University of Southern California - Leventhal School of Accounting and Hong Kong University of Science & Technology (HKUST)
Downloads 1,092 (24,393)
Citation 33

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International corporate governance, investor protection, stock price informativeness

12.

The Timeliness of the Bond Market Reaction to Bad News Earnings Surprises

Number of pages: 59 Posted: 12 Oct 2009 Last Revised: 07 Jul 2011
Mark L. DeFond and Jieying Zhang
University of Southern California - Leventhal School of Accounting and The University of Texas at Dallas
Downloads 844 (35,155)
Citation 15

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corporate bond market, anticipation of bad news, bond prices, information content, earnings surprise

13.

Home Bias, Foreign Mutual Fund Holdings, and the Voluntary Adoption of International Accounting Standards

Journal of Accounting Research, Forthcoming, EFA 2006 Zurich Meetings
Number of pages: 40 Posted: 11 Oct 2005
Vicentiu Covrig, Mark L. DeFond and Mingyi Hung
California State University, Northridge - Department of Finance, Financial Planning and Insurance, University of Southern California - Leventhal School of Accounting and Hong Kong University of Science & Technology (HKUST)
Downloads 844 (35,155)
Citation 3

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International Accounting Standards, Home bias, Portfolio choice

14.
Downloads 807 ( 37,339)
Citation 19

Does Mandatory IFRS Adoption Affect Crash Risk?

The Accounting Review, Forthcoming
Number of pages: 50 Posted: 29 Nov 2011 Last Revised: 05 Jan 2015
Mark L. DeFond, Mingyi Hung, Siqi Li and Yinghua Li
University of Southern California - Leventhal School of Accounting, Hong Kong University of Science & Technology (HKUST), Santa Clara University - Leavey School of Business and Arizona State University (ASU) - School of Accountancy
Downloads 807 (36,811)
Citation 19

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Does Mandatory IFRS Adoption Affect Crash Risk?

The Accounting Review, Vol. 90, pp. 265–299, 2015.
Posted: 05 Jan 2015 Last Revised: 14 Mar 2015
Mark L. DeFond, Mingyi Hung, Siqi Li and Yinghua Li
University of Southern California - Leventhal School of Accounting, Hong Kong University of Science & Technology (HKUST), Santa Clara University - Leavey School of Business and Arizona State University (ASU) - School of Accountancy

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International Financial Reporting Standards; Crash risk; Non-financial firms; Financial firms

15.

Do PCAOB Inspections Improve the Quality of Internal Control Audits?

Number of pages: 53 Posted: 07 Mar 2015 Last Revised: 07 Jul 2015
Mark L. DeFond and Clive S. Lennox
University of Southern California - Leventhal School of Accounting and University of Southern California
Downloads 745 (41,681)
Citation 27

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PCAOB inspections; internal controls

16.

Investor Protection and Analysts' Cash Flow Forecasts Around the World

Review of Accounting Studies, Forthcoming
Number of pages: 57 Posted: 21 Jul 2002
Mark L. DeFond and Mingyi Hung
University of Southern California - Leventhal School of Accounting and Hong Kong University of Science & Technology (HKUST)
Downloads 716 (43,996)
Citation 14

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international accounting, investor protection, analysts' forecasts, cash flows

17.

Was the Sarbanes-Oxley Act Good News for Corporate Bondholders?

Number of pages: 64 Posted: 25 Feb 2007 Last Revised: 13 Jul 2008
Mark L. DeFond, Mingyi Hung, Emre Karaoglu and Jieying Zhang
University of Southern California - Leventhal School of Accounting, Hong Kong University of Science & Technology (HKUST), Columbia University - Columbia Business School and The University of Texas at Dallas
Downloads 685 (46,681)
Citation 12

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18.

Did China's Adoption of IFRS Attract More Foreign Institutional Investment?

Marshall School of Business Working Paper No. ACC 01.14
Number of pages: 54 Posted: 19 Apr 2014 Last Revised: 28 Apr 2014
Mark L. DeFond, Xinzi Gao, Oliver Zhen Li and Lijun Xia
University of Southern California - Leventhal School of Accounting, Sun Yat-Sen University (SYSU), National University of Singapore (NUS) and Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management
Downloads 659 (49,095)
Citation 4

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International financial reporting standards; institutional investment; China; transitional economies

19.

Client Conservatism and Auditor-Client Contracting

Forthcoming in The Accounting Review, Singapore Management University School of Accountancy Research Paper No. 2015-25, Marshall School of Business Working Paper No. ACC 01.16
Number of pages: 53 Posted: 03 May 2015 Last Revised: 12 Apr 2016
Mark L. DeFond, Chee Yeow Lim and Yoonseok Zang
University of Southern California - Leventhal School of Accounting, Singapore Management University - School of Accountancy and Singapore Management University - School of Accountancy
Downloads 535 (63,986)
Citation 14

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Conservatism, audit fee, going concern audit opinion, auditor resignation, litigation risk, misstatement risk

20.

Capital Markets Valuation and Accounting Performance of Most Admired Knowledge Enterprise (MAKE) Award Winners

Decision Support Systems, Forthcoming
Number of pages: 13 Posted: 30 Sep 2013
University of Southern California - Leventhal School of Accounting, University of California, Berkeley - Haas School of Business, Indiana University - Kelley School of Business - Department of Accounting and University of Southern California - Marshall School of Business
Downloads 367 (100,319)

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Capital markets, Knowledge management, Stock valuation, Asset pricing, MAKE award winners, Market study, Delphi method

21.

The Effect of Fair Value Accounting on the Performance Evaluation Role of Earnings

Number of pages: 54 Posted: 17 Oct 2019 Last Revised: 26 Mar 2021
Mark L. DeFond, Jinshuai Hu, Mingyi Hung and Siqi Li
University of Southern California - Leventhal School of Accounting, Xiamen University - Institute for Financial and Accounting Studies, Hong Kong University of Science & Technology (HKUST) and Santa Clara University - Leavey School of Business
Downloads 326 (114,901)
Citation 4

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accounting earnings; executive compensation; fair value accounting; historical cost accounting; contracting; pay performance sensitivity

22.

Do Managers Successfully Shop for Compliant Auditors? Evidence from Accounting Estimates

European Corporate Governance Institute (ECGI) - Law Working Paper No. 432/2018
Number of pages: 77 Posted: 03 Jan 2019 Last Revised: 09 Jan 2019
Mark L. DeFond, Jieying Zhang and Yuping Zhao
University of Southern California - Leventhal School of Accounting, The University of Texas at Dallas and University of Houston
Downloads 233 (161,547)
Citation 1

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opinion shopping, opportunistic changes in accounting estimates, auditor switches, earnings management, financial reporting quality

23.

The Primacy of Fair Presentation: Evidence From Regulators and the Courts

Accounting Horizons, Forthcoming
Number of pages: 25 Posted: 12 Mar 2018
Mark L. DeFond, Clive S. Lennox and Jieying Zhang
University of Southern California - Leventhal School of Accounting, University of Southern California and The University of Texas at Dallas
Downloads 221 (169,949)

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Do PCAOB Inspections Improve the Quality of Internal Control Audits?

Journal of Accounting Research, Vol. 55, No. 3, 2017
Posted: 18 Oct 2017
Mark L. DeFond and Clive S. Lennox
University of Southern California - Leventhal School of Accounting and University of Southern California

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auditing; audit opinions; internal controls; regulation; PCAOB;SEC; SOX

25.

The Effect of SOX on Small Auditor Exits and Audit Quality

Journal of Accounting and Economics, Vol. 52, pp. 21-40, 2011
Posted: 28 Aug 2011
Clive S. Lennox and Mark L. DeFond
University of Southern California and University of Southern California - Leventhal School of Accounting

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Audit Quality, Sarbanes-Oxley Act, PCAOB, Audit Markets, Auditor Opinions

26.

Do Managers Smooth Income in Anticipation of Future Earnings?

Posted: 09 Jul 1998
Mark L. DeFond and Chul W. Park
University of Southern California - Leventhal School of Accounting and The University of Hong Kong - School of Business

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27.

Auditor Changes and Discretionary Accruals

Posted: 25 Feb 1998
Mark L. DeFond and K.R. Subramanyam
University of Southern California - Leventhal School of Accounting and University of Southern California - Leventhal School of Accounting

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The Effect of Audit Quality on Earnings Management

Posted: 06 Aug 1998
affiliation not provided to SSRN, University of Southern California - Leventhal School of Accounting, University of Washington - Michael G. Foster School of Business and University of Southern California - Leventhal School of Accounting

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The Effect of Audit Quality on Earnings Management

Posted: 04 Dec 1997
affiliation not provided to SSRN, University of Southern California - Leventhal School of Accounting, University of Washington - Michael G. Foster School of Business and University of Southern California - Leventhal School of Accounting

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