Gillan, Stuart L.; Panasian, Christine A. - In: The International Journal of Accounting 49 (2014) 4, pp. 426-454
We find that D&O insurance premiums for Canadian firms cross-listed in the US are more than twice those of Canadian-only listed firms, and audit fees are approximately 50% higher. While this supports the view that both service-providers view the US as a more litigious environment, our findings...