Audits can fulfill their functions completely, if auditors are independent. Various situation endanger auditor independence. Supervisory board members are important addressees of audit reports. Therefore, their opinions are very relevant. In this article, the results of a questionnaire based survey with regard to the perceptions of supervisory board members of large listed German companies are shown and discussed. In particular, situations which endanger and means to strengthen auditor independence are considered.
Zeitschrift Für Corporate Governance, 2009, Vol 4, Issue 6, p. 272-280