Financial centers, legal origins, and choice of auditors: evidence from emerging markets

مقدم أطروحة جامعية

Fakir, Nuaymah

مشرف أطروحة جامعية

Faruq, Umar

الجامعة

جامعة الأخوين

الكلية

كلية إدارة الأعمال

دولة الجامعة

المغرب

الدرجة العلمية

ماجستير

تاريخ الدرجة العلمية

2011

الملخص الإنجليزي

Manuscript Type: Empirical Research Question/Issue: Do firms headquartered in the financial center of a country have different preferences for one of the big-four auditors than firms headquartered elsewhere?.

Research Findings/Insights: We find no significant coefficient for both firms across common or civil law countries and thus firms act similarly in appointing one of the big four auditors.

In this case, the complementary effect holds in common law countries to answer the strong demand of their investors and that the substitution effect holds in countries with weak legal protection to mitigate agency conflicts.

However, our studies show that a significant difference in the choice of auditors for firms across common and civil law countries only holds for firms headquartered in the non-financial centers.

Theoretical/Academic Implications: One of the implications of our research is that it introduces a new factor –location of firm’s headquarter- as an important determinant of firm’s decision to choose big four auditor.

Our results also show that legal traditions are not important for firms headquartered in financial centers

التخصصات الرئيسية

إدارة الأعمال

عدد الصفحات

32

قائمة المحتويات

• APA
• MLA
• AMA

لغة النص

الإنجليزية

نوع البيانات

رسائل جامعية

رقم السجل

BIM-627774