Matthias Breuer

Matthias Breuer is an associate professor at Columbia University’s Graduate School of Business and an affiliate fellow of the University of Chicago’s Stigler Center for the Study of the Economy and the State. In his research, he examines issues of corporate transparency and information verification, with a particular focus on the role of regulation in addressing corporate information issues.

Mandatory Audits Do Not Provide the Protection Governments Think They Do

In new research, Matthias Breuer, Anthony Le, and Felix Vetter find that when companies are required by the government to seek a third-party financial audit, they turn to lower quality auditors.  As a result, the accounting industry grows, but touted benefits for markets and corporate stakeholders appear elusive.

Do We Need to Mandate Firms’ Reporting And Auditing?

Back in the 1960s, George Stigler called into question whether states should require firms to publicly report their financials. A recent Stigler Center working...

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