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In contrast, both the Tobin tax and shortsale constraints increase volatility in financial markets, and have negative effects on the real sector: a decrease in the growth rates of output and investment and an increase in the volatility of consumption-growth.Abstract:The talk will be based on two of Professor Srinidhi’s papers: The first one, which has been accepted for publication in the November issue of The Accounting Review, deals with how family ownership affects auditor choice and audit fees.
More generally, the talk will focus on how family control affects earnings quality and the reporting incentives.The second one is a working paper that deals with family firms and crash risk.blockchain for inventory management automation AI Smart Investments: Fast, Safe, and Reliable