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Persistent link: https://www.econbiz.de/10010467867
This paper examines whether firms' auditor choice affects their ability to access foreign equity capital. Using the equity holdings of 34,837 foreign mutual funds from 28 countries, we find evidence that appointing a Big 4 auditor increases the level of foreign mutual fund ownership in firms....
Persistent link: https://www.econbiz.de/10013067477