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Whether ethics should be taught and how it should be taught has been questioned by accounting professionals, researchers, and teachers. This experimental study attempts to answer the question and gives further evidence of the beneficial impact of teaching ethics. Participants are sixty students...
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We find that IPO firms engage in real and accrual earnings management during the IPO and that big-N audit firms … consequences for future return performance. In addition, we find IPO firms audited by big-N audit firms experience a severe decline …
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