This study examines whether free cash flow (FCF) is associated with higher audit fees and whether levels of debt moderate this relationship. Low growth firms with high FCF are hypothesized to be associated with higher audit fees due to the agency problems associated with high FCF. Also,...

This study tests the hypothesis that the behavior and attitudes of Chinese and Western managers to budgetary participation will be different because of cultural differences. Chinese managers were used to represent managers from high collectivist, large power distance and long term orientation...

This paper tests two related hypotheses regarding the effects of management advisory services (MAS) on earnings ? stock returns relationship. The first hypothesis predicts that the earnings explanatory power for returns is weaker for firms that receive MAS from the external auditors than those...

This paper tests the hypothesis that there is an inverse relation between non-audit services (NAS) provided by a firm auditor and the value relevance of earnings (measured as the earnings response coefficient) and that this relation is weaker for firms with Big 6 auditors. The hypothesis is...