Abstract

Short Retraction Notice There are substantial issues in the manuscript. This article has been retracted to straighten the academic record. In making this decision the Editorial Board follows COPE's Retraction Guidelines. The aim is to promote the circulation of scientific research by offering an ideal research publication platform with due consideration of internationally accepted standards on publication ethics. The Editorial Board would like to extend its sincere apologies for any inconvenience this retraction may have caused. Editor guiding this retraction: Prof. Olivier Boiral (Editorial Board Member of JHRSS) Please see the article page for more details. The full retraction notice in PDF is preceding the original paper which is marked "RETRACTED".

Highlights

  • Agency theory suggests that the firms have the demand of independent audits due to the existence of principalagent problems (Jensen and Meckling, 1976 [1]; Watts and Zimmerman, 1983 [2])

  • We report observations, mean, deviation error (S.D.), minimum value (Min), 25th percentile (25%), median, 75th percentile (75%), and maximum value (Max)

  • 3, we can know that the relationship between auditor choice and product market competition, which is measured by Hirschman Index (HHI) or LNN, is significant at 5% levels

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Summary

All authors

Copyright infringement Other legal concern: Editorial reasons Handling error. X Other: Results of publication (only one response allowed): are still valid. Author's conduct (only one response allowed): honest error academic misconduct X none (not applicable in this case – e.g. in case of editorial reasons). This article has been retracted to straighten the academic record In making this decision the Editorial Board follows COPE's Retraction Guidelines. The Editorial Board would like to extend its sincere apologies for any inconvenience this retraction may have caused. Competition can influence the demand of high quality auditor by reducing the agen-. Competition can influence the auditor choice of companies. This study finds that competition intensity has significantly positive impact on the choice of low quality auditors. Further research shows that the relationship between market competition and the choice of auditor is more significant in the state-owned enterprise

Introduction
Hypothesis Development
Product Market Competition and the Quality of Information Disclosure
The Auditor Choice
Auditor Changes
E Types of variables
Descriptive Statistics
Main Results
A Variables
A Pseudo R2
Full Text
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