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This paper examines the market valuation of cash flows from investing (CFI) activities in the presence of investment opportunities. The market valuation of investing cash flows is hypothesized to be larger when a firm possesses a relatively larger amount of positive net present value investment...
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The purpose of this study is to examine the duration of the auditorÕs relationship with a client and factors that affect audit firm tenure. The duration of the auditor and client relationship has been cited as possibly affecting the risk of a loss of auditor independence. Also, audit firm...
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The purpose of this study is to examine the duration of the auditorÕs relationship with a client and factors that affect audit firm tenure. The duration of the auditor and client relationship has been cited as possibly affecting the risk of a loss of auditor independence. Also, audit firm...
Persistent link: https://www.econbiz.de/10005546518
Persistent link: https://www.econbiz.de/10005418178