Nature of the intended relationship

Nature of the relationship obtained

Conclusion

Research hypothesis

H1: The external auditors membership of theBig Fourcreates more value within the company;

Positive

Positive

Rejected

H2: The respect of the steps of the audit process by external auditor contributes significantly and positively to the creation of value in the company;

Positive

Positive

Validated

H3: The provision of other services in addition to the audit by the external auditor does not contribute to value creation within the company;

Negative

Positive

Validated

H4: The evolution of audit fees contributes to the creation of value in the company;

Positive

Positive

Rejected

Control variables

Size of the company (SIZE)

Positive

Positive

Rejected

Age of the company (AGE)

Positive

Negative

Validated