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Keywords: market valuation
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Journal Articles
Journal:
Accounting Horizons
Accounting Horizons (2019) 33 (1): 125–152.
Published: 01 March 2019
... to the auditing literature. First, we confirm and consolidate the previous documented positive relation between auditor industry specialization and clients' stock market valuations. Our unique quasi-experimental research design controls for the endogeneity problem in auditor choices. Our evidence also contributes...