Client, Industry, and Country Factors Affecting Choice of Big N Industry Expert Auditors
研究了国际（非美国）背景下客户选择大型审计事务所行业专家审计师的影响因素，发现客户规模、增长机会、资本密集度以及国家层面的投资者保护、财务报告质量和经济发展水平会正向影响这一选择。
This study investigates client choice of industry specialist auditors from among the Big N (Big 4 or 5) in an international (non-U.S.) setting. We investigate client-specific, industry-level and country-level factors hypothesized to enhance or decrease Big N clients' demand for industry expertise. Using data for twenty-nine countries and fourteen broad industries from 1993-2005, we find that international client choice of industry specialist Big N auditors is positively associated with client size, client growth opportunities, and client capital intensity. The choice of industry specialists from among the Big N is more prevalent in countries where levels of investor protection, quality of financial reporting environment, and national economic development are higher. Clients belonging to regulated industries tend to select industry specialists.