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Auditor-client negotiations are a common and critical part of the financial reporting process, yet we know little about … audit negotiations research suggests that a contentious past relationship with the auditor compels managers to be less …
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Using the records of several leading 19th century issuing houses, this paper analyses the transformation of underwriting practices in London's primary sovereign bond market from 1870 to 1914. It shows how underwriting risk developed from being a liability, which market intermediaries sought to...
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