How Big Are ’Big Four’ Companies – Evidence From Romania
AbstractThe audit market is divided between two main categories of auditors: Big Four auditors and Non Big Four auditors. The general accepted opinion is that the former cover most audit services. The objective of the study is to quantify the share covered by Big Four auditors at the level of Romanian market. In this respect one collected and processed data obtained from the audited companies from the North-West Region of Romania which is considered representative for extrapolating the results at national level. After processing the data there were established 14 parameters that characterize the activity of financial auditors divided in three categories: Big Four auditors, Non Big Four auditors and professionals in the audit field which operate within their individual offices. In order to establish the market share for each category of auditors one took into consideration all analyzed parameters. This objective was achieved by applying a specific method of quantitative competitive analysis: the comparison matrix method. The findings show that Big Four auditors have a significant market share, without covering a majority share. The study allows us to establish a profile of the beneficiaries of audit services for each category of auditors.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Babes-Bolyai University, Faculty of Business in its journal JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA.
Volume (Year): (2013)
Issue (Month): ()
Big Four companies; financial audit; corporate governance; foreign investments; market share;
Find related papers by JEL classification:
- M42 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Auditing
- M41 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Accounting
- M48 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Government Policy and Regulation
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cornelia Pop).
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.