Carvalho, Paulo Viegas$cde; Ferrão, Joaquim; Alves, … - In: Cogent Economics & Finance 11 (2023) 1, pp. 1-21
This paper examines the distinct types of modified auditor opinions and the non-compliance with the legal certification of accounts, to assess whether they provide different relevant informational content on the risk of impending bankruptcies. The study also addresses the signalling effects when...