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suppliers' audit fees and find a significant reduction in such fees when customers undergo digital transformation. An economic …. This is achieved by mitigating suppliers' business risks and improving earnings quality. Heterogeneity analysis reveals … that the impact of customers' digital transformation on suppliers' audit fees is more pronounced when the supply chain is …
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Multinational corporations (MNCs) hire auditors to assess business partners’ compliance with quality, working conditions, and environmental standards. Independent third-party auditors are widely assumed to outperform second-party auditors employed and thus controlled by MNCs. However,...
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