Auditor Type and Audit Quality in China: The Role of State Ownership
This study examines the resource-based view (RBV) against the institution-based view (IBV) using China's state-engineered audit market, where a decade of policy-driven consolidation created a Top 6 group of local audit firms intended to rival the Big 4. The RBV suggests that the Big 4's accumulated, firm-specific resou...