Regulators around the world are concerned about the potentially harmful effects of high audit market concentration on audit pricing and quality. However, results in the overall literature have failed to reach consensus on this issue. We contribute to this debate by arguing that the audit market...

For many years, businesses, government regulators, and the public have expressed concern about the dominance of a few large public accounting firms in the audit market. Recent events have increased concern about the lack of competition in the auditing industry. Using market concentration...

This study examines the association between auditor concentration and intra-industry competition in the client industry. It has been suggested that competition within the client industry may cause some firms to seek auditors that are not associated with their competitors, due to concerns of loss...