Search results for "Sanción"
showing 2 items of 2 documents
Apuntes en torno a un aspecto económico de la represión de las Germanías. La composición en la comarca de La Ribera
1987
LOS AGERMANADOS TIENEN LA POSIBILIDAD DE REDIMIR EL CASTIGO IMPUESTO POR EL PODER REAL MEDIANTE EL PAGO DE UNA MULTA LLAMADA COMPOSICION. ESTUDIAMOS AQUI EL MECANISMO IMPOSITIVO Y LOS SUJETOS -POBLACIONES Y LUGARES- SOBRE LOS QUE REACAE, CIRCUNSCRITO TODO ELLO AL AMBITO TERRITORIAL DE LA COMARCA DE LA RIBERA (A)
The economic impact of audit failures
2022
This paper examines the economic consequences associated with an audit failure in the field of statutory auditing services, by analyzing changes in the audit firm’s market share around the time of the investigation process undertaken by the Spanish Public Oversight Board. We explore the variations in audit market share by applying the difference in differences method to a treatment group of 70 sanctioned audit firms and a matched control group of 70 non-sanctioned audit firms. The period of analysis covers the years from 1999 to 2015. Our results show that the sanctioned audit firms suffered a significant decrease in their relative number of clients. Moreover, this measure of market share d…