#2330. FDI characteristics, industry homogeneity, and audit fees in Japanese multinationals

October 2026publication date
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Journal’s subject area:
Finance;
Economics and Econometrics;
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Abstract:
We examine the effects of FDI characteristics on audit fees and the influence of industry homogeneity on these effects. Taking a sample of firms, we find that companies investing in a relatively high number of common law countries and developing countries exhibit relatively high audit fees. The more the total geographical distance between the clients home and host countries, the higher the audit fees.
Keywords:
Audit fee; Foreign direct investment; Industry characteristic

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