Breuer, Matthias; Le, Anthony; Vetter, Felix - 2023 - This version: September 2023
Audits by private, third-party auditors are frequently mandated to ensure compliance with regulations (e.g., accounting … novel data on firms, audit firms, and auditors-the key players in the market-, we find that audit mandates increase the … number of audits, audit firms, and auditors, but decrease average auditor wages. These findings are consistent with mandates …
