Kester, Lydia; Georgakopoulos, Georgios; Kalantonis, Petros - In: Journal of applied finance & banking 3 (2013) 2, pp. 153-175
This study examines the association between financial restatements and audit fees, and the effect of board of directors turnover on this relationship. Restatements are seen as a financial reporting failure, increasing risk for the auditor resulting in a higher audit fee. Regression analysis...
