voluntary ethics disclosureI findthepaper'sconclusionssurprising.Alargepriorliterature,usingmanydifferentapproaches,generallysupportsa
positiveviewofauditcommitteefinancialexpertise,and,further,thattheaccountingtypeoffinancialexpertiseismost
valuable.Theauthorssuggestthatthesepriorresultsmightnotpersistinthepost-SOXtimeperiodbecauseofthechanges
in auditcommitteemembershipinresponsetoSOX.Whileauditcommitteeshaveindeedchangedonsomemeasurable
dimensions, suchasincreasedfinancialexpertiseanddecreasedstatus(asmeasuredinthisanalysis),thelackofassociation
voluntary ethics disclosureI findthepaper'sconclusionssurprising.Alargepriorliterature,usingmanydifferentapproaches,generallysupportsa
positiveviewofauditcommitteefinancialexpertise,and,further,thattheaccountingtypeoffinancialexpertiseismost
valuable.Theauthorssuggestthatthesepriorresultsmightnotpersistinthepost-SOXtimeperiodbecauseofthechanges
in auditcommitteemembershipinresponsetoSOX.Whileauditcommitteeshaveindeedchangedonsomemeasurable
dimensions, suchasincreasedfinancialexpertiseanddecreasedstatus(asmeasuredinthisanalysis),thelackofassociation
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