Chen, Yahn-Shir; Chen, Yahn-Shir - In: The International Journal of Business and Finance Research 7 (2013) 4, pp. 43-62
This study is the first to compare the financial performance of audit firms at different life cycle stages in distinct … small audit firms. Based on the Taiwanese auditing industry data set, this study validates that organizational life cycles … exist in audit firms, which includes young, adult, and old stages. Further, this study documents that financial performance …