R&D Intensity and Auditor Choice: Evidence from China's Capital Markets

被引：0
作者：
Chen Shenglan [1 ]
机构：
[1] Inner Mongolia Univ, Sch Econ & Management, Inner Mongolia 010021, Peoples R China
来源：
STATISTIC APPLICATION IN SCIENTIFIC AND SOCIAL REFORMATION | 2010年
关键词：
R&D; Auditor choice; Agency theory; VALUATION; FIRMS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Corporate R&D investment can cause serious agency problems because of the uncertainty and specialization. This paper examines the role of audit on monitoring corporate R&D decision-making and reducing the agency costs. The results show that R&D intensive firms tend to appoint Big 4 firms. But no evidence supports the point that R&D intensive firms tend to appoint Big 10 firms.
引用
收藏
页码：853 / 861
页数：9
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