Showing 91 - 100 of 693
Purpose: This study aims to examine the effect of real activities manipulation (RAM) on auditors’ decision of issuing going concern (GC) opinions for distressed companies. Design/methodology/approach: This study estimates and examines three types of RAM: reduction of discretionary expenses,...
Persistent link: https://www.econbiz.de/10012079370
Persistent link: https://www.econbiz.de/10012090661
Persistent link: https://www.econbiz.de/10008991064
Recessions leave scars on the labor market; the Great Recession of 2007-09 has left gaping wounds. Over 200 million people across the globe are estimated to be unemployed at present. Among countries with unemployment data in the IMF's World Economic Outlook (WEO) database, there has been an...
Persistent link: https://www.econbiz.de/10013135856
We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008. In contrast to theoretical predictions, employment in both the tradable and non-tradable sectors contracts following a real appreciation. Our results are robust across...
Persistent link: https://www.econbiz.de/10013122421
We examine the associations between the cost of equity capital and two audit committee characteristics: 1) average audit committee members' age; and 2) average number of audit committee members' other directorships. The study is motivated by the recent emphasis on the important role of audit...
Persistent link: https://www.econbiz.de/10013099997
We develop a DSGE model with a banking sector to analyze the impact of the financial crisis on Zambia and the role of the monetary policy response. We view the crisis as a combination of three related shocks: a worsening in the terms of the trade, an increase in the country's risk premium, and a...
Persistent link: https://www.econbiz.de/10013107074
This study examines the association between government contracts and firms' use of trade credit. Firms with government contracts may demand less trade credit because of their lower operational risk, higher firm performance, stronger capacity to generate internal funds, and better access to other...
Persistent link: https://www.econbiz.de/10012836356
The purpose of this study is to examine how external auditors react to clients' earnings management through classification shifting. It draws on the argument that auditors perceive earnings management as a reflection of managers' opportunism and potential litigation risk. Using audit fees, audit...
Persistent link: https://www.econbiz.de/10012909545
Using cross-country national accounts and firm-level data, we document a broad-based trend in rising gross saving and net lending of non-financial corporates across major industrialized countries over the last two decades, though most pronounced in countries with persistent current account...
Persistent link: https://www.econbiz.de/10012892932