Audit firms face downward-sloping demand curves and the audit market is far from perfectly competitive

• 成果类型: Article
• 署名作者: Gerakos, Joseph; Syverson, Chad
• 署名单位: Dartmouth College; University of Chicago; National Bureau of Economic Research
• 刊物名称: REVIEW OF ACCOUNTING STUDIES
• ISSN/ISSBN: 1380-6653
• DOI: 10.1007/s11142-017-9418-y
• 发表日期: 2017
• 页码: 1582-1594
• 关键词: supply-and-demand

摘要

We discuss the discrete choice demand estimation methods applied by Guo et al. (2017) in the audit setting. We then review insights into audit market competition that demand estimation has already provided. We conclude that the audit market is far from perfectly competitive.