Xu, Qiao; Fernando, Guy; Tam, Kinsun; Zhang, Wei - In: Managerial Auditing Journal 35 (2019) 3, pp. 345-372
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...