Design/methodology/approach - The Boone Findings - The results show that the relation between audit firm tenure and equity risk premium is positive, the equity risk premium increases with tenure as a result of reduced audit quality. These results were consistent with some previous studies, which ...
Audit Firm Tenure and the Equity Risk Premium Although investor perceptions of audit quality play a critical role in maintaining systemic confidence in the integrity of financial accounting reports (Le... JP Boone,IK Khurana,KK Raman - 《Journal of Accounting Auditing & Finance》 被引量: 138发表...
Audit Firm Tenure and the Equity Risk Premium Although investor perceptions of audit quality play a critical role in maintaining systemic confidence in the integrity of financial accounting reports (Le... JP Boone,IK Khurana,KK Raman - 《Journal of Accounting Auditing & Finance》 被引量: 138发表...
Results are also mixed with respect to the relationship between audit firm tenure and various measures ofperceivedaudit quality, such as debt yields, earnings response coefficients, equity risk premiums, and shareholder ratifications (e.g., Mansi et al.2004; Ghosh and Moon2005; Fortin and Pittman...
Audit Firm Tenure and the Equity Risk Premium. Journal of Ac- counting,Auditing and Finance,23 ( 1) : 115 ~ 140.Boone, J., Khurana, I., & Raman, K. K. (2008). Audit firm tenure and the equity risk premium. Journal of Accounting, Auditing, and Finance, 23, 115-140....
For example, Chinese research shows that clients of audit partners associated with low-quality audits are more likely to switch from equity to credit financing after the low-quality audits are revealed [35]. 4. Continental European Countries Continental European countries provide a wealth of data ...