The Big 4 fee premium for industry specialization in the UK

This Blog post was written by Dr Khairul Ayuni Mohd Kharuddin. The relationship between the audit fee premium/discount and industry specialisation is an interesting and controversial research area globally. Research studies concerning this area have mainly examined the US, UK, Australia, Hong Kong and New Zealand audit markets. Auditor industry specialisation is recognised as aRead more

Eric Pentecost: Contagion within and without of the Euro zone

One of the claims of Euro zone membership for the southern European countries was that by joining the Euro their governments could borrow at low (northern European) rates of interest. The reason for this was that there would be no exchange rate risk as all borrowing would be in Euros. This argument, however, ignored theRead more