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Purpose: The aim of this paper is to investigate the impact of voluntary disclosure on information asymmetry between investors and the average information content of subsequent the earnings announcement. Design/methodology/approach: The authors use empirical methodology relying on multiple...
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Purpose: This paper aims to investigate whether audit fees and financial report readability are bi-directionally related. Design/methodology/approach: The authors test their hypotheses with empirical data. Specifically, they adopt a two-stage simultaneous equation regression model to assess the...
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