David H. Lont

University of Otago - Department of Accountancy and Finance

Professor

Box 56

Dunedin, Otago 9054

New Zealand

http://www.business.otago.ac.nz/acty/

SCHOLARLY PAPERS

24

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CITATIONS
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25

Scholarly Papers (24)

Corporate Governance and Audit Fees: Evidence of Countervailing Relations

Number of pages: 55 Posted: 14 Dec 2007 Last Revised: 04 Sep 2008
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business
Downloads 1,399 (9,344)
Citation 5

Abstract:

Auditing, audit fees, corporate governance, Sarbanes-Oxley

Corporate Governance and Audit Fees: Evidence of Countervailing Relations

Journal of Contemporary Accounting and Economics, Forthcoming
Posted: 15 May 2008 Last Revised: 04 Sep 2008
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business

Abstract:

Auditing, audit fees, corporate governance, Sarbanes-Oxley

2.

The Relevance to Investors of Greenhouse Gas Emission Disclosures

UC Davis Graduate School of Management Research Paper No. 01-11
Number of pages: 60 Posted: 06 Jan 2011 Last Revised: 14 Apr 2015
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business
Downloads 1,153 (9,907)
Citation 2

Abstract:

Greenhouse gas emissions, investor relevance, Canadian and U.S. disclosure regulations, event study.

3.

The Effects of Auditor Dismissals and Resignations on Audit Fees: Evidence Based on SEC Disclosures Under Sarbanes-Oxley

Number of pages: 60 Posted: 21 Feb 2005
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance
Downloads 987 (15,381)
Citation 4

Abstract:

Auditor dismissal, auditor resignation, audit fees, SEC disclosures, Sarbanes-Oxley

4.

Non‐Audit Fees and Auditor Independence: New Evidence Based on Going Concern Opinions for U.S. Companies Under Stress

Number of pages: 47 Posted: 06 Jan 2010
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance
Downloads 745 (22,895)
Citation 2

Abstract:

Auditor independence, non-audit fees, fee ratio, going concern opinion, auditor

Agency Problems and Audit Fees: Further Tests of the Free Cash Flow Hypothesis

UC Davis Graduate School of Management Research Paper No. 07-09
Number of pages: 37 Posted: 08 Feb 2009 Last Revised: 21 Jul 2009
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business
Downloads 599 (33,355)
Citation 1

Abstract:

Audit fees, Free cash flow hypothesis, Agency problems

Agency Problems and Audit Fees: Further Tests of the Free Cash Flow Hypothesis

Accounting & Finance, Vol. 50, No. 2, pp. 321-350, June 2010
Number of pages: 30 Posted: 04 Jun 2010
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business
Downloads 2 (540,468)
Citation 1

Abstract:

Agency Problems and Audit Fees: Further Tests of the Free Cash Flow Hypothesis

Accounting and Finance, UC Davis Graduate School of Management Research Paper No. 19-09
Posted: 13 Sep 2009
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business

Abstract:

Audit fees, Free cash flow hypothesis, Agency problems

6.

Governance Regulatory Changes, IFRS Adoption, and New Zealand Audit and Non-Audit Fees: Empirical Evidence

Number of pages: 39 Posted: 15 Feb 2008 Last Revised: 11 Jan 2009
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business
Downloads 511 (40,552)
Citation 1

Abstract:

Audit fees, auditor independence, governance regulations, International Financial

Do Investors Care About Auditor Dismissals and Resignations? What Drives the Response?

UC Davis Graduate School of Management Research Paper No. 03-10
Number of pages: 31 Posted: 30 Dec 2007 Last Revised: 09 Feb 2010
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance
Downloads 467 (46,175)
Citation 3

Abstract:

dismissal, resignation, investor response, event study, Form 8-K report, Item 4.01 changes in registrant’s certifying accountant

Do Investors Care About Auditor Dismissals and Resignations? What Drives the Response?

Auditing: A Journal of Practice & Theory, Forthcoming, UC Davis Graduate School of Management Research Paper
Posted: 02 Jul 2010
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance

Abstract:

Dismissal, resignation, investor response, economic fundamentals, event study, Form 8-K, Item 4.01 changes in registrant’s certifying accountant

Insightful Insiders? Insider Trading and Stock Return around Debt Covenant Violation Disclosures

UC Davis Graduate School of Management Research Paper No. 06-12
Number of pages: 65 Posted: 03 Oct 2010 Last Revised: 21 Jun 2012
Paul A. Griffin, David H. Lont and Kate McClune
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and University of Otago
Downloads 430 (51,207)
Citation 1

Abstract:

Insider trading, Debt covenant violation disclosure, SEC regulation, Insider trading enforcement, Event study

Insightful Insiders? Insider Trading and Stock Return Around Debt Covenant Violation Disclosures

Abacus, Vol. 50, Issue 2, pp. 117-145, 2014
Number of pages: 29 Posted: 05 Jun 2014
Paul A. Griffin, David H. Lont and Kate McClune
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and University of Otago
Downloads 1 (549,951)
Citation 1

Abstract:

Debt covenant violation, Disclosure, Event study, Insider trading, Insider trading enforcement, SEC regulation

9.

Science and the Stock Market: Investors’ Recognition of Unburnable Carbon

Science and the stock market: Investors' recognition of unburnable carbon, Energy Economics, Volume 52, Part A, December 2015, Pages 1-12, ISSN 0140-9883, DOI: 10.1016/j.eneco.2015.08.028
Posted: 02 Dec 2013 Last Revised: 22 Oct 2015
University of California, Davis - Graduate School of Management, University of California, Davis, University of Otago - Department of Accountancy and Finance and University of California, Davis

Abstract:

U.S. energy companies; Unburnable carbon; Stranded assets; Nature journal; Media attention; Event study

10.

Auditor Fees Around Dismissals and Resignations: Additional Evidence

Number of pages: 50 Posted: 29 Apr 2008
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance
Downloads 326 (68,946)

Abstract:

Dismissals, Resignations, Audit fees, Incumbent auditor fee adjustments

11.

Taking the Oath: Investor Response to SEC Certification

Number of pages: 52 Posted: 07 Feb 2004
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance
Downloads 267 (87,873)
Citation 3

Abstract:

Securities and Exchange Commission, SEC certification, Sarbanes-Oxley, stock market response, securities regulation

Enforcement and Disclosure Under Regulation FD: An Empirical Analysis

UC Davis Graduate School of Management Research Paper No. 05-10
Number of pages: 37 Posted: 25 Mar 2010 Last Revised: 01 Oct 2010
Paul A. Griffin, David H. Lont and Benjamin Segal
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Fordham University
Downloads 244 (98,156)
Citation 1

Abstract:

Regulation FD, Enforcement action, Untimely FD disclosure, Event study

Enforcement and Disclosure under Regulation FD: An Empirical Analysis

Accounting & Finance, Forthcoming
Posted: 23 Sep 2011
Paul A. Griffin, David H. Lont and Benjamin Segal
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Fordham University

Abstract:

Regulation FD, Enforcement Action, Untimely FD Disclosure, Late SEC Filing, Event Study

Crude Inventory Accounting and Speculation in the Physical Oil Market

Number of pages: 41 Posted: 28 Jul 2016 Last Revised: 15 Aug 2016
Ivan Diaz-Rainey, Helen Roberts and David H. Lont
University of Otago - School of Business, University of Otago and University of Otago - Department of Accountancy and Finance
Downloads 28 (397,645)

Abstract:

Speculation, Oil price, Oil market, Inventories, Accounting information

Crude Inventory Accounting and Speculation in the Physical Oil Market

USAEE Working Paper No. 16-274
Number of pages: 41 Posted: 26 Aug 2016
Ivan Diaz-Rainey, Helen Roberts and David H. Lont
University of Otago - School of Business, University of Otago and University of Otago - Department of Accountancy and Finance
Downloads 20 (440,406)

Abstract:

Speculation; Oil price; Oil market; Inventories; Accounting information; financialization

14.

Stock Price Response to New CEO Earnings News

28th Australasian Finance and Banking Conference
Number of pages: 45 Posted: 20 Aug 2015 Last Revised: 23 Aug 2016
Paul Geertsema, David H. Lont and Helen Lu
University of Auckland - Department of Accounting and Finance, University of Otago - Department of Accountancy and Finance and University of Auckland - Department of Accounting and Finance
Downloads 34 (193,234)

Abstract:

CEO Turnover, Unexpected Earnings, Earnings Response Coefficient, Meet and Beat Premium, Information Environment

15.

Enforcement and Disclosure Under Regulation Fair Disclosure: An Empirical Analysis

Accounting & Finance, Vol. 51, Issue 4, pp. 947-983, 2011
Number of pages: 37 Posted: 03 Nov 2011
Paul A. Griffin, David H. Lont and Benjamin Segal
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Fordham University
Downloads 2 (514,595)
Citation 2

Abstract:

Enforcement action, Event study, Late SEC filing, Regulation fair disclosure, Untimely fair disclosure

Governance Regulatory Changes, International Financial Reporting Standards Adoption, and New Zealand Audit and Non-Audit Fees: Empirical Evidence

Accounting & Finance, Vol. 49, No. 4, pp. 697-724, December 2009
Number of pages: 28 Posted: 24 Nov 2009
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business
Downloads 1 (549,951)

Abstract:

Governance Regulatory Changes, International Financial Reporting Standards Adoption, and New Zealand Audit and Non-Audit Fees: Empirical Evidence

Accounting and Finance, 2009
Posted: 16 Jul 2009
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business

Abstract:

Audit fees, Auditor independence, Governance regulations, International Financial Reporting Standards, Non-audit fees, NZ IFRS, Sarbanes–Oxley Act

17.

Game Changer? The Impact of the VW Emission Cheating Scandal on the Co-Integration of Large Automakers’ Securities

Number of pages: 38 Posted: 15 Sep 2016
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance
Downloads 0 (216,681)

Abstract:

Keywords. Market co-integration, informational cascade, credit default swap, equity return, market disruption

18.

Longer Term Audit Costs of IFRS and the Differential Impact of Implied Auditor Cost Structures

Accounting & Finance, Vol. 56, Issue 1, pp. 165-203, 2016
Number of pages: 39 Posted: 03 Mar 2016
Stephen Higgins, David H. Lont and Tom Scott
University of Otago, University of Otago - Department of Accountancy and Finance and University of Auckland
Downloads 0 (522,662)

Abstract:

Audit fees, International Financial Reporting Standards, Adoption timing, Cost structure, Marginal pricing

19.

Real Earnings Management Around CEO Turnovers

Number of pages: 44 Posted: 07 Dec 2015 Last Revised: 31 Jan 2016
Paul Geertsema, David H. Lont and Helen Lu
University of Auckland - Department of Accounting and Finance, University of Otago - Department of Accountancy and Finance and University of Auckland - Department of Accounting and Finance
Downloads 0 (144,084)

Abstract:

CEO Turnover, Real Earnings Management, Abnormal Operating Performance, Discretionary Accruals

The Effect of More Rules‐Based Guidance on Expense Disclosure Under International Financial Reporting Standards

Accounting & Finance, Vol. 54, Issue 4, pp. 1093-1124, 2014
Number of pages: 32 Posted: 18 Dec 2014
Lisa Crawford, David H. Lont and Tom Scott
University of Otago, University of Otago - Department of Accountancy and Finance and University of Auckland
Downloads 0

Abstract:

Disclosure, IFRS, Principles versus rules, Harmonization

The Effect of More Rules-Based Guidance on Expense Disclosure Under International Financial Reporting Standards

Accounting & Finance, DOI: 10.1111/acfi.12037
Posted: 03 Aug 2013 Last Revised: 07 Aug 2013
Lisa Crawford, David H. Lont and Tom Scott
University of Otago, University of Otago - Department of Accountancy and Finance and University of Auckland

Abstract:

disclosure, IFRS, principles versus rules, harmonization

21.

Supply Chain Sustainability: Evidence on Conflict Minerals

Pacific Accounting Review DOI: 10.1108/PAR-04-2013-0023
Posted: 17 Aug 2012 Last Revised: 15 May 2014
Paul A. Griffin, David H. Lont and Estelle Sun
University of California, Davis - Graduate School of Management, University of Otago - Department of Accountancy and Finance and Boston University - Questrom School of Business

Abstract:

Supply chain sustainability, Conflict minerals, Dodd-Frank Reform Act, Section 1502, Off-balance sheet assets and liabilities

22.

Audit Fees Around Dismissals and Resignations: Additional Evidence

Journal of Contemporary Accounting & Economics, Forthcoming
Posted: 23 Sep 2011
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance

Abstract:

Dismissals, Resignations, Audit Fees, Incumbent Auditor Fee Adjustments, Event Study

23.

An Analysis of Audit Fees Following the Passage of Sarbanes-Oxley

Asia-Pacific Journal of Accounting and Economics, Forthcoming
Posted: 16 May 2007
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance

Abstract:

Sarbanes-Oxley, audit fees, SEC certification, section 404, internal control

24.

Taking the Oath: Investor Response to SEC Certification Under Sarbanes-Oxley

Contemporary Journal of Accounting and Economics, Vol. 1, pp. 27-63, 2005
Posted: 15 Oct 2004
Paul A. Griffin and David H. Lont
University of California, Davis - Graduate School of Management and University of Otago - Department of Accountancy and Finance

Abstract:

Securities and Exchange Commission, SEC certification, Sarbanes-Oxley, stock market response, securities regulation