Literature - Suddaby & Greenwood, 2001 - Colonisation by Big Four
3 important questions on Literature - Suddaby & Greenwood, 2001 - Colonisation by Big Four
In the 60's-90's mergers led to a high concentration of audit firms, what was the previous and later amount of such firms?
Started with 8, now 4.
What did the maturation of the market have as an effect on on the audit market?
Auditing became a commodity with little differentiation (resulting in lower margins) and competition intensified (due to commodification = product becoming transparent and imitable).
How did Big PSFs search for economies of scope?
Transferring commodified managerial practices from one professional jurisdiction to another (e.g. Management Consulting).
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