in 2001, the global audit market has become highly concentrated during the past 30 years. Many interested parties …, including regulators, researchers, and practitioners, disagree on whether concentration would benefit or harm the audit market …, we first develop a model in which legal regime plays a significant role in explaining the effect of audit market …

As companies expand their operations across national borders, international internal audit assignments are becoming … commonplace. However, the internal audit functions of multinational companies face unique issues since their work quality is … analyze these interactions. For this purpose, fourteen qualitative in-depth interviews with internal audit practitioners …

We investigate the impact of the initiations of national audit inspection programs on firm-specific stock crash risk in … the causal effect of audit quality on crash risk. We find a significant decrease (32.39%) in a firm's crash risk … subsequent to the initiations of audit inspections. This negative effect is stronger for auditors with smaller size, limited …

reducing pre-audit errors, then the role of the audit in error reduction will decline. Using the Amiram, Bozanic, and Rouen … (2015) Financial Statement Divergence score as a measure of financial statement error, we examine the role of the audit in … audit continues to be associated with reduced financial statement error and that the size of the effect is economically …

aggressiveness is more pronounced in countries where investor protection is stronger, auditor litigation risk is higher, the audit …