Audit Reporting for Going Concern Uncertainty by Sandro Brunelli

Author:Sandro Brunelli
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

Author

Year

Aim

Results

Fleak and Wilson

1994

Aggregate security prices are subjected differently by expected or unexpected GCOs

The market distinguishes ex ante between firms that are deteriorating in financial condition and those that are not

Chen. and Church

1996

The association between GCOs and the market’s reaction to bankruptcy filings

Firms receiving GCOs had less negative stock returns in the period surrounding bankruptcy concerns than those receiving clean opinions

Jones

1996

Stock market reactions to GCOs and stock market reaction to unqualified opinions received by financially distressed firms

Indipendently from the real degree of financial distress, firms received a GCO had higher negative abnormal returns then firms which did not receive a GCO

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.