... 03 2024 2025 component auditor group audit risk internal control material weakness We examine whether, and how, lead auditors respond to an increase in group audit risk by changing their use of component auditors. Since many U.S. public companies operate in several countries...

... prevalent and opportunistic. Data Availability: Data are available from public sources cited in the text. opinion shopping internal control material weakness audit opinion auditor switch Lennox (2000) model We thank the editor (Chan Li), two anonymous reviewers, Richard Chan, Christie...