Results 171 to 180 of about 41,426 (203)

Auditor Size and the Cost of Equity Capital over Auditor Tenure

International Journal of Auditing, 2016
This study examines whether the difference in the cost of equity capital between clients of large and small auditors (‘the cost of equity capital disparity’) varies with auditor tenure. We find that the cost of equity capital disparity increases over auditor tenure, suggesting a decline in the perceived audit quality of small auditors relative to large
Bryan, David B., Reynolds, J. Kenneth
openaire   +2 more sources

Auditor Tenure and Quality of Financial Reporting

Journal of Accounting, Auditing & Finance, 2016
Prior studies in general suggest a positive association between auditor tenure (the length of an auditor–firm relationship) and reporting quality (the informational content of reported earnings). In this study, we present evidence that the association is reversed when clients represent increased litigation risks to their auditors.
Ling Chu, Jie Dai, Ping Zhang
openaire   +1 more source

Auditor Tenure and Perceptions of Audit Quality

The Accounting Review, 2003
We analyze how investors and information intermediaries perceive auditor tenure. Using earnings response coefficients from returns-earnings regressions as a proxy for investor perceptions of earnings quality, we document a positive association between investor perceptions of earnings quality and tenure.
Aloke Ghosh, Doocheol Moon
openaire   +1 more source

Auditor Quality, Tenure, and Bank Loan Pricing

SSRN Electronic Journal, 2007
Using a large sample of US bank loan data over the 9-year period from 1996 to 2004, we investigate the effect of two auditor characteristics, namely auditor quality and tenure, on the price term of bank loan contracts. Our results show the following: First, we find that banks charge a significantly lower rate for borrowers with Big 4 auditors than for ...
Jeong-Bon Kim, Byron Y. Song, Judy S.L. Tsui   +2 more
openaire   +1 more source

Auditor tenure and non-GAAP earnings

Managerial Auditing Journal
Purpose This study aims to examine whether the newly available auditor tenure information is associated with non-GAAP earnings, as the recent requirement to disclose the initial year of auditor-client relationship in audit reports may give the impression that longer auditor tenure may be related to lower audit quality.
Pureum Kim, Myungsoo Son
openaire   +1 more source

Auditor Tenure, Information Asymmetry and Earnings Quality

SSRN Electronic Journal, 2017
We confirm the results of prior studies that auditor tenure improves earnings quality on average. We extend their findings to show that the improvement in earnings quality resulting from longer auditor tenure is greater for firms with higher information asymmetry, after controlling for auditor’s industry specialization.
Sidney Leung, Bin Srinidhi, Lingmin Xie
openaire   +1 more source

Auditor tenure and rotation

2014
There has been a long-standing debate as to the relative merits of mandatory auditor rotation. In the United States (US), Section 203 of the Sarbanes-Oxley Act (2002) (SOX) requires rotation of the lead engagement partner and the concurring review partner at least once every five years.
openaire   +1 more source

The effect of tenure on auditor realization rates

Managerial Auditing Journal, 2015
Purpose – The purpose of this study is to test whether the realization rate on audit engagements increases with auditor tenure in competitive markets, suggesting the presence of initial audit lowballing. Design/methodology/approach – Using regression analysis, we ...
Lynn Johnson, Terrence B. O'Keefe
openaire   +1 more source

Auditor Tenure and the Timeliness of Misstatement Discovery

The Accounting Review, 2017
ABSTRACT Using the timeliness of misstatement discovery as a proxy for audit quality, we examine the association between audit firm tenure and audit quality in a setting that alleviates the endogeneity problem endemic to this line of research.
Zvi Singer, Jing Zhang
openaire   +1 more source

Auditor Tenure, Auditor Industry Expertise, and Audit Report Lag: Evidences of Iran

2017
The findings of theoretical investigations indicate that short-term auditor tenures may contribute to further audit report lags (ARLs). On the other hand, auditor industry expertise represents one of the determinant factors contributing to audit quality, which has been widely studied in numerous researches.
Karami, Gholamreza, Karimiyan, Tahere, Salati, Saba   +2 more
openaire   +1 more source