Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia
Industry specialisation refers to the concentration of auditors' work within specific industrie. Past studies show that industry specialisation exists in the US (e.g., Danos & Eichenseher, 1982; Eichenseher & Danos, 1981; Rhode, Whitsell, & Kelsey, 1974; Schiff & Fried, 1976; Ze...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Sekolah Pengurusan, Universiti Utara Malaysia
2000
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| Online Access: | https://repo.uum.edu.my/id/eprint/497/1/Takiah_Mohd_Iskandar.pdf |
| _version_ | 1803624137166422016 |
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| author | Mohd Iskandar, Takiah Maelah, Ruhanita Aman, Aini |
| author_facet | Mohd Iskandar, Takiah Maelah, Ruhanita Aman, Aini |
| author_sort | Mohd Iskandar, Takiah |
| collection | UUM |
| description | Industry specialisation refers to the concentration of auditors' work within specific industrie. Past studies show that industry specialisation exists in the US (e.g., Danos & Eichenseher, 1982; Eichenseher & Danos, 1981; Rhode, Whitsell, & Kelsey, 1974; Schiff & Fried, 1976; Zeff & Fossum, 1967) and Australia (e.g., Craswell Francis & Taylor, 1994; Craswell & Taylor, 1991). These studies recognised that industry specialisation is an important dimension to the audit market. It is argued that industry specialisation has positive impact on cost and product quality. This study extends previous studies by examining the practice among Big 6 and non Big 6 audit firms in Malaysian. In addition, the study also investigates features that characterise the clients. The results show that Big 6 audit firms acquire more than 60 percent of the audit service market share in almost all industries and their market share expands over time. |
| first_indexed | 2024-07-04T05:13:36Z |
| format | Article |
| id | uum-497 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:13:36Z |
| publishDate | 2000 |
| publisher | Sekolah Pengurusan, Universiti Utara Malaysia |
| record_format | dspace |
| spelling | uum-4972010-08-10T01:13:55Z https://repo.uum.edu.my/id/eprint/497/ Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia Mohd Iskandar, Takiah Maelah, Ruhanita Aman, Aini HF5601 Accounting Industry specialisation refers to the concentration of auditors' work within specific industrie. Past studies show that industry specialisation exists in the US (e.g., Danos & Eichenseher, 1982; Eichenseher & Danos, 1981; Rhode, Whitsell, & Kelsey, 1974; Schiff & Fried, 1976; Zeff & Fossum, 1967) and Australia (e.g., Craswell Francis & Taylor, 1994; Craswell & Taylor, 1991). These studies recognised that industry specialisation is an important dimension to the audit market. It is argued that industry specialisation has positive impact on cost and product quality. This study extends previous studies by examining the practice among Big 6 and non Big 6 audit firms in Malaysian. In addition, the study also investigates features that characterise the clients. The results show that Big 6 audit firms acquire more than 60 percent of the audit service market share in almost all industries and their market share expands over time. Sekolah Pengurusan, Universiti Utara Malaysia 2000 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/497/1/Takiah_Mohd_Iskandar.pdf Mohd Iskandar, Takiah and Maelah, Ruhanita and Aman, Aini (2000) Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia. Utara Management Review, 1 (1). pp. 93-112. ISSN 1511-7170 |
| spellingShingle | HF5601 Accounting Mohd Iskandar, Takiah Maelah, Ruhanita Aman, Aini Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia |
| title | Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia |
| title_full | Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia |
| title_fullStr | Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia |
| title_full_unstemmed | Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia |
| title_short | Audit market concentration and auditor's industry specialisation: an empirical evidence in Malaysia |
| title_sort | audit market concentration and auditor s industry specialisation an empirical evidence in malaysia |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/497/1/Takiah_Mohd_Iskandar.pdf |
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