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. Prior literature suggests managers are more willing to engage in opportunistic behaviors when their personal assets are more … governance variables. Additional analyses suggest auditors are more sensitive to potential managerial opportunism when managers …
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managers are more willing to engage in opportunistic behaviors when their personal assets are protected from litigation risk …
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This study examines the impact of managerial ownership on audit fees in a context of concentrated ownership and poor investor protection. Using samples of Portuguese and Spanish listed companies for the period 2010-2021, the results of this research suggest that there is a non-linear...
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