IDEAS home Printed from https://ideas.repec.org/a/eee/eurman/v16y1998i6p653-659.html
   My bibliography  Save this article

Changes in European and Australian companies when they choose a 'Big 5' auditor?

Author

Listed:
  • Wallace, Wanda

Abstract

Empirical profiling of 193 companies in six countries that choose to change auditors to a 'Big 5' firm permits managers who are responsible for such decisions to benchmark their financial context. In particular, the level of debt, returns, and taxes observed when companies choose to change auditors to a Big 5 firm are quantified, as are the significant changes observed in size, dividends, and the operating income-to-total capital ratio. Of particular interest are reasonably consistent declines in 5-year average effective interest incurred post-change.

Suggested Citation

  • Wallace, Wanda, 1998. "Changes in European and Australian companies when they choose a 'Big 5' auditor?," European Management Journal, Elsevier, vol. 16(6), pages 653-659, December.
    • Handle: RePEc:eee:eurman:v:16:y:1998:i:6:p:653-659
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0263237398000425
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eurman:v:16:y:1998:i:6:p:653-659. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.