related tocompetitiveness, to the structure of share capital and to the nature of the audited entities‘management. There was … level. The results show thatonly 18% of the sampled audited entities benefit from audit services provided by the Big 4 …

of these audited entities (with or without foreign participation in share capital) was analyzed for the calculation of … equity ratio and of the rotation speed of equity. The audited entities were classified into 2 major categories: audited … entities with a foreign participation in share capital and audited entities with the whole share capital financed by equity …

The study is based on public information provided by the National Trade Register Office regarding all audited entities … within the county of Cluj. In accordance with the legal provisions, the audited entities must notify, in case they meet the … relevant for at least two reasons: the study is exhaustive, there have been taken into consideration all the audited entities …