In this study, we examine the assoc

In this study, we examine the association between industry homogeneity
and auditor specialization. We find a significant association between our proxies for
industry homogeneity (change in industry-member operating expenses) and auditor
specialization (auditor concentration and auditor focus) after controlling for extent of
industry regulation, litigiousness, growth, client-industry concentration, and the number
of industry members. The positive relation between our specialist proxies and industry
homogeneity indicates that auditors seek additional firms to audit in industries in which
members have similar operations. This suggests that auditor specialization provides a
cost-based competitive advantage because the cost of developing expertise is spread
over more clients. Thus, in contrast to recent criticisms of auditor concentration, specialization
results in more efficient audits.

ผลลัพธ์ (อังกฤษ) 2:

In this Study, we examine the association between Industry homogeneity
and Auditor specialization. We Find a significant association between our proxies for
Industry homogeneity (Change in Industry-Member operating Expenses) and Auditor
specialization (Auditor concentration and Auditor Focus) after Controlling for extent of
Industry Regulation, Litigiousness, growth, Client-Industry concentration, and the Number.
of industry members. The positive relation between our proxies and Industry Specialist
homogeneity Indicates that Seek additional Auditors to Audit firms in Industries in which
Members have similar Operations. Auditor suggests that this specialization provides a
cost-based competitive because the cost of developing Advantage Expertise is spread
over more clients. Thus, in contrast to recent criticisms of Auditor concentration, specialization
results in more efficient audits.