Abstract :
The ILandFS crisis has given birth to a new crisis in Indian Economy The Credibility Crisis. The Big four audit firms dominates with the market capitalisation companies audited by them being 67 of the total market capitalisation of all the companies listed at National Stock Exchange during 2018 2019.So this concentration risk had got crystallised in previous days as credibility crisis in corporate sector. Alkananda Sabat "The Credibility Crisis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-4 , June 2019, URL: https://www.ijtsrd.com/papers/ijtsrd24059.pdf Paper URL: https://www.ijtsrd.com/management/law-and-management/24059/the-credibility-crisis/alkananda-sabat
Keyword :
Big 4's, IL&FS, SFIO, Concentration Risk