... between auditor industry specialization and audit fee premiums. We find that there are larger fee premiums for global specialist auditors in countries with stricter regulatory quality, indicating greater support for the argument that high-quality auditors can act as a complement to higher regulatory...

... reduce crash risk because of their information intermediary and corporate governance roles. Using a large sample of U.S. stocks spanning the period 1990–2009, we examine the issue empirically by using auditor industry specialization as our proxy for auditor quality. Our main finding is a statistically...

...Andrew Ferguson; Gabriel Pündrich; Adrian Raftery SUMMARY: This study examines auditor industry specialization effects in Perth, a remote mining town in Australia characterized by a large number of small, homogeneous firms. We consider the impact of leadership by the non-Big 4 auditor BDO Kendalls...

...Steven F. Cahan; Debra C. Jeter; Vic Naiker SUMMARY We expand upon the traditional market share-based measure of industry specialization by auditors to address the following question: Are industry specialist auditors who obtain their market share by auditing varying proportions of clients...