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Agency Problems and Audit Fees: Further Tests of the Free Cash Flow Hypothesis
This study finds that the agency problems of companies with high free cash flow (FCF) and low growth
opportunities induce auditors of companies in the United States to raise audit fees to compensate for the additional ...
Agency Problems and Audit Fees: Further Tests of the Free Cash Flow Hypothesis
This study finds that the agency problems of companies with high free cash flow (FCF) and low growth opportunities induce auditors of companies in the United States to raise audit fees to compensate for the additional ...