Li, Xu; Zhang, Xingtong; Zhou, Yinggang - In: Journal of management science and engineering 6 (2021) 3, pp. 295-311
This study investigates the relationship between auditor tenure and credit default swap (CDS) spreads of U.S. firms based on quantile regression. After allowing for common determinants of CDS spreads, auditor tenure exerts both statistically and economically significant additional impacts on the...