This issue presents a forum on corporate governance and earnings quality. Corporate governance received worldwide attention following colossal corporate collapses around 2001. Subsequently, many countries around the world issued both hard and soft regulations. Regulators around the world not only issued “comply or explain” type governance codes but also enacted new legislation with the aim to protect investors. Naturally, researchers are interested to investigate whether the various corporate governance measures, whether legislated or not, mitigate agency costs in any way.