Browsing OU - Faculty and Staff Publications by Author "Yong Keun Yoo"
Now showing items 1-1 of 1
-
Impact of Excess Auditor Remuneration on the Cost of Equity Capital around the World
Ole-Kristian Hope; Tony Kang; Wayne B. Thomas; Yong Keun Yoo (Journal of Accounting, Auditing & Finance, 2009-04-01)This study examines the relation between excess auditor remuneration and the implied required rate of return (IRR hereafter) on equity capital in global markets. We conjecture that when auditor remuneration is excessively ...