Based on the economics literature that informal institutions, such as culture and norms, influence the rationalization of economic behavior, the corporate governance literature suggests that a firm's fraud risk is fundamentally rooted in its culture and shows a positive link between corporate...

We provide new evidence on audit pricing differences within the Big 4 audit firms in the U.S. market. Industry expertise research argues that an audit firm with greater competencies can differentiate itself from competitors in terms of within‐industry market share and charge an audit fee...