... committee innon -rotation- required and rotation- required environments. Section 4 discusses thesolution and explains the economic consequences of mandatory rotation. I presentconcluding remarks ... rotation- required and non -rotation- requiredregimes.123 An overlooked effect of mandatory audit–firm rotation 279Table 2 Summary of the auditing pricing∗Initial period Non-initial period Rotation- required ... audit–partner rotation, and section 207 requires a study of mandatory W. Chi (B)National Chengchi University, 64, Zhi-nan Road, Section 2,Wenshan, 11623 Taipei, Taiwan, Republic of Chinae-mail: wchi@nccu.edu.tw123266...