Previous research has set a firm position on quality and credibility of accounting information in the audit markets. Firth and Smith (1992), observed that brand name auditors provide higher assurance and credibility to the audited financial statements of companies with little or no trading...

This study investigates whether the valuation methods of closely held companies chosen by courts are a function of type of case and level of court. The results of the current study indicate there appear to be systematic trends in court preferences for various valuation methods and approaches....

This study investigates whether the valuation approaches for closely held companies preferred by courts vary by industry type. Our difference of means tests find that income valuation approaches are preferred by courts over either asset or market approaches for cases involving the valuation of...