The audit report is the medium of communication between the auditor and the users of the audit report. Therefore, it must be understandable, objective, and acce

This paper studies a sample of firms that changed their auditors and examines the potential agency cost issues that may arise. We find that on average the stock

This study investigates the valuation effect of modified audit opinions (MAOs) on the emerging Chinese stock market. Here, the term MAO refers to both qualified

Tiivistelmä: Tilintarkastuskertomukset ja osakemarkkinat.