Jennifer Ho, Li‐Chin; Liu, Chao‐Shin; Schaefer, Thomas - In: Review of Accounting and Finance 9 (2010) 2, pp. 116-138
Purpose – The purpose of this paper is to examine the relation between audit tenure and how clients manage the annual earnings surprise. Design/methodology/approach – A sample of 5,029 firm‐year observations from 1996 to 2003 were employed to examine whether audit tenure is negatively...