), we examine whether and how banking deregulation affects firms’ auditor choices. We find that an exogenous increase in the … auditors. In cross-sectional analyses, we further find that the negative effect of banking deregulation on firms’ auditor … evidence is consistent with banking deregulation exerting its effect on firms’ auditor choices through two underlying channels …

a separate event leads to confounding results. Ignoring the overlap of regulations, the results suggest that both … regulations lead to increases in liquidity creation. However, after disentangling the effects of the two regulatory changes, I …

provisions (low asset quality), and low capital (low balance sheet strength). We also find that auditor reputation (i.e., whether … the bank had a Big 4 auditor) had a moderating effect on the likelihood of bank failure and bank trouble for these banks …

interest in this study are the requirements for annual audit and reporting of management's and auditor's assessment of the …