The market for audit services
作者： W.Bruce Johnson , Thomas Lys
DOI: 10.1016/0165-4101(90)90051-5
关键词:
摘要: Abstract This paper argues that audit firms achieve competitive advantages through specialization, and clients purchase services from the least cost supplier. Client-auditor realignments thus represent efficient responses to changes in client operations activities over time. Results obtained analyzing financial characteristics share price performance of corporations changed auditors between 1973 1982 support view can generally be attributed cross-temporal differences firm structures.
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