Simons, Dirk; Zein, Nicole - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2007
It is a global phenomenon that more than 75% of a developed country's listed companies are clients of a Big-4 auditor. However, the economic consequences of this concentration are inconclusive. On the one hand, a kind of `similarity'-hypothesis suggests that the existence of a few global...