We investigate the audit fee response to CEO behavioral integrity (BI). BI refers to the perceived congruence between …,000 shareholder letters to serve as a linguistic-based proxy for CEO BI. We find audit fees increase as BI decreases, but BI is not …

among stakeholders who are responsible for and oversee firms' financial reporting (e.g., auditors, management, and audit … with this prediction, we find that audit fees are higher for firms with new CEOs. Importantly, however, we note that … lack of an audit pricing adjustment. These results are robust to several alternative specifications and analyses designed …

We examine whether audit fees reflect characteristics of individual executives incremental to known determinants of … fees. Using a novel executive effects approach, we find that unexplained audit fees exhibit a statistically and …. Specifically, executive effects represent between 20 and 39 percent of the total variation in unexplained audit fees. Our tests …

Are high audit fees a signal that the auditor exerted more effort or a signal that the auditor may be losing her … negative relationship between the level of abnormal audit fees paid by the client and the likelihood of using discretionary … accruals to meet or beat the consensus analyst forecast. The evidence is consistent with the notion that abnormal audit fees …

This paper studies the effect of losses due to audit error on audit quality when the auditor's report of earnings is … manager's effort. If the auditor observes the manager's effort, he can tailor the audit quality perfectly to the productivity … state. However whether the audit quality, and thus compensation, increases or decreases relative to when the auditor is …

audit opinion errors and no change in audit risk after the ruling. Additional analysis shows that after the ruling near …

This study examines whether CEO equity incentives have an impact on audit pricing. Prior studies investigate whether … their pricing decisions. We find that CEO equity portfolio vega is positively related to audit fees after controlling for … other determinants of audit fees, while equity portfolio delta is not significantly related to audit fees. This result holds …

During the past decade, new regulations have been adopted to improve audit committee effectiveness. Prior research has … generally provided evidence in support of these regulations and suggests that a more independent and expert audit committee is … more effective. We posit that CEO power reduces or even eliminates the improvements in audit committee effectiveness …