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Geographic Proximity between Auditor and Client : How Does it Impact Audit Quality?

Choi, Jong-Hag - 2013

Using a large sample of audit client firms, this paper investigates whether and how the geographic proximity between auditor and client affects audit quality proxied by accrual-based earnings quality. We define an auditor as a local auditor if the auditor's practicing office is located in the...

Persistent link: https://www.econbiz.de/10013091842

Political Economy, Client Economic Importance and Auditor Independence : Some Evidence from Chinese Non-Big 4 Auditors

Gul, Ferdinand A. - 2007

This paper shows that politically connected non-Big 4/5 auditors are associated with lower levels of audit quality (proxied by the level of abnormal non-core earnings and the proportion of modified audit opinions) than firms with no political connections. We also show that more economically...

Persistent link: https://www.econbiz.de/10012730459

Do Abnormally High Audit Fees Impair Audit Quality?

Kim, Jeong-Bon - 2013

This study examines whether and how audit quality proxied by the magnitude of absolute discretionary accruals is associated with abnormal audit fees, that is, the difference between actual audit fee and the expected, normal level of audit fee. The results of various regressions reveal that the...

Persistent link: https://www.econbiz.de/10013094871

Do Abnormally High Audit Fees Impair Audit Quality?

Choi, Jong-Hag - 2013

Persistent link: https://www.econbiz.de/10013095279

Local versus Non-Local Effects of Chinese Media and Post-Earnings Announcement Drift

Kim, Jeong-Bon - 2019

Taking advantage of the institutional difference in capture between local and non-local media in China, we examine the … association between media capture and post-earnings announcement drift (PEAD). Using both portfolio and regression analyses, we … find that, for the same firms, non-local media coverage is negatively associated with PEAD but that there is no association …

Persistent link: https://www.econbiz.de/10012870770

Voluntary Audits and the Cost of Debt Capital for Privately Held Firms : Korean Evidence

Kim, Jeong-Bon - 2010

Using a large sample of privately held Korean companies that are not required to obtain an external audit, this paper examines the value of voluntary external audits of financial statements with respect to the cost of debt. We find that private companies with an external audit pay a...

Persistent link: https://www.econbiz.de/10013137989

Restoring Trust Among Investors after Shredded CPA Reputation : Evidence from China

Sami, Heibatollah - 2012

Our study examines whether CPA firms take measures to improve their audit quality and restore trust among investors when their reputations are in danger subsequent to disciplinary actions by the government regulatory agencies in China. Compared with a control group of the CPA firms without a...

Persistent link: https://www.econbiz.de/10013112540

Ownership Concentration, Foreign Shareholding, Audit Quality, and Stock Price Synchronicity : Evidence from China

Gul, Ferdinand A. - 2009

This paper investigates the effects of largest-shareholder ownership concentration, foreign ownership, and audit quality on the amount of firm-specific information incorporated into share prices, as measured by stock price synchronicity, of Chinese-listed firms over the 1996-2003 period. We show...

Persistent link: https://www.econbiz.de/10013159195

Does Audit Market Concentration and Legal Regime Matter in Audit Pricing? Theory and International Evidence

Choi, Jong-Hag - 2019

Following large-scale auditor consolidations in the late 1980s and early 1990s, along with Arthur Andersen's collapse in 2001, the global audit market has become highly concentrated during the past 30 years. Many interested parties, including regulators, researchers, and practitioners, disagree...

Persistent link: https://www.econbiz.de/10012901730

Foreign Institutional Ownership and Auditor Choice : Evidence from Worldwide Institutional Ownership

Kim, Jeong-Bon - 2020

We investigate the influence of foreign institutional investors on firms' auditor choices in an international setting. Foreign institutional investors are likely to demand high-quality audits to mitigate the information asymmetry they face and facilitate their external monitoring when they...

Persistent link: https://www.econbiz.de/10012855352