Asymmetric Reactions of Abnormal Audit Fee Jump to Credit Rating Changes
Abstract Considering the inherent stickiness of abnormal audit fees, our study contributes to the literature by decomposing abnormal audit fees into a jump component and long-run sticky component. We investigate whether and how changes in credit ratings asymmetrically affect the jump component of a...
| Main Authors: | , , , |
|---|---|
| Format: | Journal Article |
| Published: |
Elsevier
2023
|
| Online Access: | http://hdl.handle.net/20.500.11937/91242 |