We are interested in understanding how agency conflicts in private firms arise through ownership structures and family relationships. Specifically, we analyze auditors' increase of effort and firms' choice of auditors in situations with higher level of agency conflicts. For a large sample of...

We are interested in understanding how agency conflicts in private firms arise through ownership structures and family relationships. Specifically, we analyze auditors' increase of effort and firms' choice of auditors in situations with higher level of agency conflicts. For a large sample of...

This paper studies whether and how Big-4 firms provide higher quality audits than non-Big-4 firms. Specifically, we first examine a Big-4 effect and then explore three sources of the Big-4 effect. To test the Big-4 effect, we use a unique dataset of individual audit partners for a large sample...

This paper studies whether and how Big-4 firms provide higher quality audits than non-Big-4 firms. Specifically, we first examine a Big-4 effect and then explore three sources of the Big-4 effect. To test the Big-4 effect, we use a unique dataset of individual audit partners for a large sample...

This paper employs unique and confidential data on audit partners' wealth and audit related variables for a very large sample of firms in a setting where the auditors' risk of litigation and loss of reputation is low. We analyze the relationship between audit quality and audit fees at the...

Are audit partners rewarded for the revenues they generate by selling consulting services? The question is relevant because of the concern that audit firms have focused on consulting services that are more lucrative and have higher margins than auditing, and that the profit orientation may have...