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Martin Schmalz, Professor of Finance at Oxford University: "The Auditors' Control Is Failing"

Summary by Le Temps
Information on the quality of audits is not shared effectively with investors, says the expert. Solutions could come from the private sector, says the researcher, who will give a conference this Tuesday in GenevaAt every major financial scandal, the eyes end up turning to audit companies. They are often criticized for not having seen anything come, for not having prevented the disaster and for not having warned the public or investors. Rather th…

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Information on the quality of audits is not shared effectively with investors, says the expert. Solutions could come from the private sector, says the researcher, who will give a conference this Tuesday in GenevaAt every major financial scandal, the eyes end up turning to audit companies. They are often criticized for not having seen anything come, for not having prevented the disaster and for not having warned the public or investors. Rather th…

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Le Temps broke the news on Tuesday, May 19, 2026.
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