Factors Affecting Volunteer Rotation in Independent Audit Firms
Erdem KÜRKLÜ, Zeynep TÜRK

Abstract
In this study, it is investigated why public companies in Turkey changed the independent audit firms as a result of voluntary rotation and which factors have been effective on these changes. The data set of the study consists of the annual activity reports, financial statements, audit reports and company news of 1169 companies belonging to 8 different sectors that were traded continuously on the Borsa Istanbul (BIST) index between 2011-2017.Research hypotheses were established by using variables like previous audit opinion, size of the audit company, the financial condition of the business, size of the business, change in business management, business combination, independence of business management and the impact of lenders that are commonly used in the literature and accessible on the sample data in Turkey. Binary logistic regression analysis was used in data analysis.

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