The relative benefits of country diversification and industry diversification are critical for investors, portfolio managers and investment banks. The unification of Europe has had a substantial impact on these relative benefits and the ultimate goal of this paper is to evaluate their temporal evolution. It is found that, although a country approach outperformed an industry approach in the earl...

Auditor Independence, Dismissal Threats, and the Market Reaction to Auditor Switches Author(s): Siew Hong Teoh Reviewed work(s): Source: Journal of Accounting Research, Vol. 30, No. 1 (Spring, 1992), pp. 1-23 Published by: Wiley-Blackwell on behalf of Accounting Research Center, Booth School of Business, University of Chicago Stable URL: http://www.jstor.org/stable/2491089 . Accessed: 17/08/201...

This paper explores the importance of audit firm characteristics and the factors motivating auditor change based on questionnaire responses from 210 listed UK companies (a response rate of 70%). Twenty-nine potentially desirable auditor characteristics are identified from the extant literature and their importance elicited. Exploratory factor analysis reduces these variables to eight uncorrelat...

In today’s knowledge-based economy, having proper expertise is crucial in resolving many tasks. Expertise Finding (EF) is the area of research concerned with matching available experts to given tasks. A standard approach is to input a task description/proposal/paper into an EF system and receive recommended experts as output. Mostly, EF systems operate either via a content-based approach, which...

In this paper, we present an algorithm for automatically building expertise evidence for finding experts within an organization by combining structured corporate information with different content. We also describe our test data collection and our evaluation method. Evaluation of the algorithm shows that using organizational structure leads to a significant improvement in the precision of findi...

The Duality of Expertise considers the “Expert” to be a social role dependent on an individual’s expertise claims and the opinion of their community towards those claims. These are the internal and external aspects of a person’s expertise. My Expertise Model incorporates this duality in a process designed for expertise finding software in an online community forum. In this model, a posting’s te...

Prior research has examined audit pricing for publicly held firms and provided some evidence of a Big 8 premium in pricing. We investigate audit pricing among private firms for the first time, and we compare audit pricing for private and listed clients. The relatively great degree of dispersion in auditor choice (between Big 5 and non-Big 5 auditors) in our large sample of privately held audit ...