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dc.contributor.authorSundgren, Stefan
dc.contributor.authorSvanström, Tobias
dc.date.accessioned2013-01-22T13:15:59Z
dc.date.available2014-02-01T00:00:27Z
dc.date.issued2013
dc.identifier.issn2159-4260 (e-utg)
dc.identifier.urihttp://hdl.handle.net/11250/93716
dc.descriptionThis is the authors’ refereed manuscript to the articleno_NO
dc.description.abstractUsing Swedish data we investigate how audit quality and audit pricing vary with audit firm and office size. In contrast to prior studies, we use disciplinary sanctions issued against auditors not meeting the quality requirement as the measure of audit quality. We find no significant differences in the likelihood of sanctions between Big 4 audit firms and the fifth and sixth largest audit firms in Sweden (Grant Thornton and BDO). We refer to these collectively as ‘Top 6’. However, we find that the probabilities of warnings or exclusions from the profession are much higher for non-Top 6 auditors in Sweden than for Top 6 auditors. Furthermore, we find a strong negative association between the likelihood of sanctions and audit office size for non-Top 6 auditors. This association is insignificant for Top 6 audit firms. Audit fees follow a similar pattern and indicate that larger audit firms and offices put in more effort or have greater expertise. These results suggest that audit quality is differentiated in the private segment market. However, contrary to prior studies, our results suggest that the important dimensions are Top 6 versus non-Top 6 and the office size of non-Top 6 audit firms.no_NO
dc.language.isoengno_NO
dc.publisherTaylor & Francisno_NO
dc.subjectaudit qualityno_NO
dc.subjectaudit officesno_NO
dc.subjectaudit feesno_NO
dc.subjectprivate companiesno_NO
dc.subjectdisciplinary sanctionsno_NO
dc.subjecttop 6 audit firmsno_NO
dc.titleAudit office size, audit quality and audit pricing: evidence from small- and medium-sized enterprisesno_NO
dc.typeJournal articleno_NO
dc.typePeer reviewedno_NO
dc.source.pagenumber31-55no_NO
dc.source.volume43no_NO
dc.source.journalAccounting and Business Researchno_NO
dc.source.issue1no_NO
dc.identifier.doihttp://dx.doi.org/10.1080/00014788.2012.691710


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