This study examines whether audit firm industry specialization affects the cost of debt finance of business. We hypothesize that audit firm industry specialization reduces client cost of debt since auditors with industry specialization are more likely to deter and detect questionable accounting...

Purpose: Poverty alleviation is a global challenge. Human society has never ceased to fight against poverty. China was once the developing country with the largest rural poor population in the world. Remarkable achievements have been made in China’s antipoverty program over the past decades,...

Purpose: In order to solve problems in the current project management system, the paper presents the asymmetric information games existing in construction projects through information economics viewpoints. Design/methodology/approach: The owner has private information about the project...