Forecast Errors and the Effect of Underwriter Reputation and Auditor Influence During Listing on IPOs
The engagement of reputable underwriter and auditor by the listing firm is believed to provide a positive signal to the market, thus reducing the uncertainty surrounding the firm's value. Since audit quality is differentiated, some of the issuing firms switch to more reputable auditors durin...
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Format: | Thesis |
Language: | English English |
Published: |
2003
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Online Access: | http://psasir.upm.edu.my/id/eprint/9272/1/GSM_2003_12.pdf |