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Keywords: PCAOB
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Journal Articles
Journal of International Accounting Research (2024) 23 (1): 169–198.
Published: 01 March 2024
...Yiye Liu; Yangxin Yu; Xindong Zhu (Kevin) ABSTRACT This study examines whether and how Public Company Accounting Oversight Board (PCAOB) international inspections mitigate the market value discount in cash holdings. We find that shareholders value internal cash holdings more highly for the non-U.S...