Abstract

One of the important factors influencing investment decisions is its risk. Therefore, investors have a high degree of risk in making investment decisions. In order to determine the level of investment, the auditors can attempt to reach the optimal level of investment of the economic unit and minimize the risk taking into account their role of crediting. Accordingly, in this research, we have reviewed the effect of auditor's rotation information on investment levels. In this study 131 companies were surveyed during the 2015-2015 period. In order to test the hypotheses, the panel regression model and the difference test have been used, the research findings show that companies that alternately change their auditor are not significantly less invested. Companies that change their auditor compulsorily are not significantly less invested.