DETERMINANT OF DOWNWARD AUDITOR SWITCHING

DETERMINANT OF DOWNWARD AUDITOR SWITCHING

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Abstract: Determinant of Downward Auditor Switching.This study examines the factors that influence downward auditor switching in five ASEAN countries.Fixed effect logistic regression was used as analytical method.This study found that opinion Race Packs shopping occurred in ASEAN, especially in distress companies.Companies with complex businesses will retain the Big Four auditors to reduce complexity and audit costs.

Audit and public committees serve as guardians of auditor quality.On the other hand, shareholders failed to maintain audit quality.It indicates that Potpourri there is entrenchment effect in auditor switching.