Xu, Hongkang; Dao, Mai; Wu, Jia - In: Review of Accounting and Finance 17 (2018) 4, pp. 514-539
Purpose: This study aims to examine the effect of real activities manipulation (RAM) on auditors’ decision of issuing going concern (GC) opinions for distressed companies. Design/methodology/approach: This study estimates and examines three types of RAM: reduction of discretionary expenses,...