Being private, Big 4 auditors, and debt raising
نویسندگان
چکیده
This study investigates the role of auditor choice (Big 4/Non-Big 4) in debt financing for private and public firms. We find firms have less access to than firms, Big 4 auditors support raising both Consistent with facing greater information asymmetry, are more important The benefit appointing firms' is opaque environment global financial crisis. It also when smaller, younger, or poorer reporting quality. evidence consistent mitigating agency conflicts enhancing ownership concentration higher
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ژورنال
عنوان ژورنال: Accounting and finance
سال: 2022
ISSN: ['0810-5391', '1467-629X']
DOI: https://doi.org/10.1111/acfi.12969