Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 13, 2023 erstellt
Beschreibung:
In Brazil, where complex tax regulations shape the corporate environment, understanding the relationship between tax aggressiveness and independent auditors' decisions is vital. This research examines the connection between tax aggressiveness and the voluntary switching of auditors among public companies listed on the B3 exchange. By analyzing data from 2012 to 2022 using logistic regression, the study reveals that tax aggressiveness—measured by the BTD variable—correlates with the likelihood of voluntary auditor changes. Specifically, a higher BTD corresponds to less tax aggressiveness, reducing the probability of a company voluntarily switching auditors. This relationship is moderated in companies audited by the Big 4, highlighting the influence of aggressive tax strategies on audit firm decisions. These insights are essential as Brazil strives to ensure transparency and compliance with international financial standards. The study not only resonates with global findings but also contextualizes them within the Brazilian framework. It provides valuable perspectives for regulators, auditors, and corporate leaders, emphasizing the importance of understanding the interplay between tax strategies and auditor behaviors in Brazil's distinct economic landscape