Who should select the external auditor in emerging economies? Role of institutional ownership and family ownership

Abstract

Aim/purpose – This study reports the demand for Big 4 audits among institutional and family owners, the two dominant ownerships in the GCC countries. We conducted this in-depth study to gain an understanding of the type of firms, family-owned or institutional-owned firms that lead to choosing audit firms.

Keywords

• institutional ownership (io)
• family ownership (fo)
• auditor choice
• gulf cooperation council
• emerging economies
• g23
• g32
• d10
• m42