What factors discriminate reorganized and delisted distressed firms: Evidence from Malaysia
Sign Up to like & getrecommendations! Published in 2019 at "Finance Research Letters"
DOI: 10.1016/j.frl.2019.03.010
Abstract: Abstract This paper examines the factors that differentiate reorganized and delisted financially distressed firms in Malaysia. The results show that earnings before interest and tax to interest expense, cumulative average abnormal returns and the role… read more here.
Keywords: distressed firms; delisted distressed; discriminate reorganized; reorganized delisted ... See more keywords
Political Connections and Government Subsidies: Evidence from Financially Distressed Firms in China
Sign Up to like & getrecommendations! Published in 2017 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2017.1332592
Abstract: ABSTRACT Previous studies report mixed evidence regarding the effect of political connections on firm value. We seek new evidence in China, an important emerging market with a hallmark of a relationship-based economy. Using financially distressed… read more here.
Keywords: government subsidies; political connections; evidence; financially distressed ... See more keywords
Is an Auditor's Propensity to Issue Going Concern Opinions a Valid Measure of Audit Quality?
Sign Up to like & getrecommendations! Published in 2020 at "Australian Accounting Review"
DOI: 10.1111/auar.12300
Abstract: A number of previous studies use auditor propensity to issue a going concern opinion (GCO) as a proxy of audit quality when examining a sample of financially distressed firms. This study examines whether audit quality… read more here.
Keywords: quality; audit quality; financially distressed; distressed firms ... See more keywords