firm's accounting quality. This effect is weaker when the firm has greater bargaining power and stronger when the alliance … counterparty apparently increases when the counterparty accounting quality is low, resulting in an enhancement of the partner … counterparties' accounting numbers when the counterparties' accounting quality is poor …

Looks at how one large international accounting organization, discussed under a pseudonym, has responded to competition … multinational accounting firms, suggesting that in many cases they operate as alliances of national firms rather than as single …, centrally controlled entities. Shows how the accounting firm in question has adapted to increasingly competitive international …