Mohrmann, Ulf; Riepe, Jan; Stefani, Ulrike - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2013
. Moreover, we find that the market perception regarding fair value assets depends on the extent of managerial discretion in the … 2008 to 2011, we analyze the economic consequences of the joint announcement of audit fees and the level breakdown of fair … value assets. We confirm prior findings that audit fees are higher for banks with larger proportions of Level 3 fair values …